NOT LISTED FOR SALE

8286 Cooley Lake Rd Commerce Township, MI 48382

Estimated Value: $88,000 - $195,000

0.3 Acre
$514,810 Price per Acre
13,068 Sq Ft Lot

Last Sold February 05, 2021

Last sale price $40,000 $69 Per Sq Ft

Est. 286% increase in value since last sale

Current estimated payment $1,041/month

6 Days on Market

About This Lot

As of February 2021

Excellent opportunity to own commercial land in the heart of Commerce Township! Just down the road from bustling Union Lake Road commercial area. Zoned B2, Community Business with Union Lake Overlay. There is a small structure on this land, less than 600 SF, that will need to be demolished or renovated at purchaser's expense. There is also an opportunity to purchase an additional 40 feet to the east if desired. Contact LA for more details.

Last Agent to Sell the Property

Adrian Lark

Keller Williams Advantage License #6501412149 Listed on: 12/14/2020

Keller Williams Advantage

Last Buyer's Agent

Doyle Ross Jr

E & M Properties License #RCO-6504224615

Property Details

Property Type

  • Land

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 80.00x168.00
  • Property is zoned Commercial

Utilities

  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 1701205011

Community Details

Overview

  • Russell Beach Subdivision

Recreation

  • Shed

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Vacant Land
  • State Equalized Value: 50980.0000
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage Type: Paved

Utilities

  • Sewer: Sewer at Street
  • Water Source: Well-Existing

Lot Info

  • List Price per Acre: 166666.6667
  • Lot Size Area: 0.30
  • Lot Dimensions: 80.00X168.00
  • Parcel Number: 1701205011
  • Zoning: Commercial

Tax Info

  • Tax Amount Summer: 1315.0000
  • Tax Amount Winter: 507.0000
  • Total Tax: 1822.0000
  • Taxable Value: 36030.0000

MLS Schools

  • School District: Walled Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2020
Closed on
Feb 5, 2021
Sold by
Smith Timothy Eugene
Bought by
Benagilo Thomas and Benagilo Lynne
Seller's Agent
Adrian Lark
Keller Williams Advantage
Buyer's Agent
Doyle Ross Jr
E & M Properties
List Price
$50,000
Sold Price
$40,000
Premium/Discount to List
-$10,000
-20%
Current Estimated Value
$154,443

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,443
Avg. Annual Appreciation
31.38%

Purchase Details

Closed on
Jun 17, 2011
Sold by
Deloris J Smith Living Trust
Bought by
Smith Timothy Eugene

Purchase Details

Closed on
Dec 3, 1998
Sold by
Smith Delores J
Bought by
Delores J Smith Tr
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Benagilo Thomas $40,000 Pacific Coast Title
Smith Timothy Eugene -- None Available
Delores J Smith Tr -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/05/2021 02/05/21 Sold $40,000 -20.0% $69 / Sq Ft
12/21/2020 12/21/20 Pending -- -- --
12/14/2020 12/14/20 For Sale $50,000 -- $87 / 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 $2,801 $56,830 $0 $0
2024 $1,922 $56,580 $0 $0
2023 $2,219 $63,300 $0 $0
2022 $2,951 $58,710 $0 $0
2021 $1,892 $54,020 $0 $0
2020 $1,315 $50,980 $0 $0
2019 $1,807 $50,060 $0 $0
2018 $1,779 $46,720 $0 $0
2017 $1,752 $46,720 $0 $0
2016 $1,735 $45,330 $0 $0
2015 -- $37,090 $0 $0
2014 -- $35,110 $0 $0
2011 -- $31,320 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 2200099050

Realcomp

APN: 17-01-205-011