NOT LISTED FOR SALE

8079 Locklin Ln Commerce Township, MI 48382

Estimated Value: $962,000 - $2,068,000

4 Beds
3 Baths
2,310 Sq Ft
$700/Sq Ft Est. Value

Last Sold February 26, 2016

Last sale price $485,000 $210 Per Sq Ft

Est. 230% increase in value since last sale

Current estimated payment $9,727/month

28 Days on Market

Highlights

  • Lake Front
  • Deck
  • No HOA
  • Clifford H. Smart Middle School Rated A-
  • Ranch Style House
  • Balcony

About This Home

As of February 2016

Open House Sunday 01/10 1-3 pm New Year New Price Motivated Seller- Price Just Reduced $ 10,000. Fabulous All Sports UNION LAKE North Shore Ranch Home Now you can have it all ! Very Rare property on Locklin Lane, with Award Winning Walled Lake Schools. Million Dollar ,Southern Views with beautiful sunshine all day long. Enjoy all that 465 Acre Union lake has to offer. Spend your Day on one of Oakland Counties Best, Biggest, Cleanest and Deepest lakes and Evenings, Drive your boat up to Matter of Taste Restaurant, one of the areas Finest Restaurants for great dining and drinks. You just can't beat it anywhere. 51 feet of soft Sandy shoreline. 4 bedrooms( Master Bedroom with En Suite ) 3 full Baths. Finished Walk-Out Basement will be great for entertaining your guests. This awesome home is waiting for you to update and make it your own showplace. Hurry, this one will not last BA to verify all dimensions/ information.

Last Agent to Sell the Property

Robert Schwartz

KW Showcase Realty License #6501365392 Listed on: 01/02/2016

KW Showcase Realty

Last Buyer's Agent

Jerry Takis

RE/MAX Classic License #RCO-6501280382

RE/MAX Classic

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1950

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 51x164x51x174
  • Lake Front

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Brick Foundation
  • Asphalt Roof

Interior Spaces

  • 2,310 Sq Ft Home
  • Wet Bar
  • Ceiling Fan
  • Living Room with Fireplace
  • Water Views
  • Finished Basement
  • Walk-Out Basement
  • Attic Fan

Kitchen

  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • Seawall
  • Balcony
  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Sewer in Street

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 1701230009

Community Details

Overview

  • No Home Owners Association
  • Union Lake Highlands Subdivision

Amenities

  • Community Barbecue Grill

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,552

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Assessment: 204.97
  • Warranty: Yes
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Wet Bar
  • Fireplace: Yes
  • Fireplace Fuel: Natural
  • Fireplace Locations: Living Room
  • Total Bedrooms: 4
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement: Yes
  • Basement Type: Finished, Walkout Access
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Range/Stove, Trash Compactor, Washer
  • Total Sq Ft: 2310

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: Union Lake
  • Waterfront: Yes
  • Foundation Details: Basement
  • Construction Materials: Brick, Wood
  • Construction Features: Platted Sub.
  • Exterior Features: BBQ Grill
  • Foundation Materials: Brick/Mortar
  • Porch Type: Balcony, Deck
  • Road Frontage Type: Paved
  • Waterfront Description: Lake Front

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Attached, Direct Access, Door Opener, Electricity, Side Entrance
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Attic Fan, Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Sewer: Septic Tank (Existing), Sewer at Street
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Homestead: Yes
  • List Price per Acre: 2645000.0000
  • Lot Features: Water View
  • Lot Size Area: 0.20
  • Lot Dimensions: 51x164x51x174
  • Parcel Number: 1701230009

Tax Info

  • Tax Amount Summer: 3932.0000
  • Tax Amount Winter: 1620.0000
  • Total Tax: 5552.0000

Multi Family

  • Waterfront Features: All Sports Lake, Sea Wall

MLS Schools

  • School District: Walled Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2016
Closed on
Feb 26, 2016
Sold by
Botsford John R and Estate Of Ruth V Botsford
Bought by
Gersabeck David M and Gersabeck Kristine C
Seller's Agent
Robert Schwartz
KW Showcase Realty
Buyer's Agent
Jerry Takis
RE/MAX Classic
List Price
$529,000
Sold Price
$485,000
Premium/Discount to List
-$44,000
-8.32%
Current Estimated Value
$1,601,079

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,116,079
Avg. Annual Appreciation
12.90%
Original Mortgage
$350,000
Outstanding Balance
$276,235
Interest Rate
3.81%
Mortgage Type
New Conventional
Estimated Equity
$1,340,415
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Gersabeck David M $485,000 Etitle Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gersabeck David M $350,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/26/2016 02/26/16 Sold $485,000 -8.3% $210 / Sq Ft
01/30/2016 01/30/16 Pending -- -- --
01/02/2016 01/02/16 For Sale $529,000 -- $229 / Sq Ft
Source: Realcomp

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $16,951 $827,270 $0 $0
2024 $10,827 $761,850 $0 $0
2023 $10,208 $590,420 $0 $0
2022 $15,194 $578,500 $0 $0
2021 $14,886 $560,990 $0 $0
2020 $10,087 $544,710 $0 $0
2019 $14,174 $473,100 $0 $0
2018 $12,230 $263,070 $0 $0
2017 $12,145 $263,070 $0 $0
2016 $5,498 $233,910 $0 $0
2015 -- $210,690 $0 $0
2014 -- $201,300 $0 $0
2011 -- $182,680 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Robert Schwartz

    Seller's Agent in 2016

    Robert Schwartz

    KW Showcase Realty

    (248) 752-0236

    1 in this area

    55 Total Sales

    Robert Schwartz
    Section Image

  • J

    Buyer's Agent in 2016

    Jerry Takis

    RE/MAX of Southeast Michigan

    (248) 755-5600

    3 Total Sales

    Jerry Takis
    Section Image
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Map

Source: Realcomp

MLS Number: 216000138

Realcomp

APN: 17-01-230-009

Michigan Oakland County Commerce Township 48382

8079 Locklin Ln, Commerce Township, MI

Not Listed for Sale

Detached

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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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