NOT LISTED FOR SALE

8525 Sherwood Dr Grosse Ile, MI 48138

Estimated Value: $558,000 - $606,806

4 Beds
2.5 Baths
3,031 Sq Ft
$193/Sq Ft Est. Value

Last Sold June 30, 2022

Last sale price $515,000 $170 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $3,661/month

3 Days on Market

Highlights

  • Colonial Architecture
  • Tankless Water Heater
  • Humidifier
  • 3 Car Direct Access Garage
  • Forced Air Heating and Cooling System
  • High Speed Internet

About This Home

As of June 2022

Welcome home to this stunning, perfectly maintained home in one of Grosse Ile's most desirable neighborhoods! This home has 4 large bedrooms with huge walk-in closets, 2 and 1/2 baths and a beautiful library/study/office with French doors. Main bedroom boasts cathedral ceilings. Anderson windows and on-demand hot water make this a truly energy efficient home. Kitchen has newer appliances, quartz countertops, an island with butcher-block cherry top and a butler's pantry. Family room has a wonderful fireplace for cozy evenings. Entering, you will see pride of ownership and total maintenance. Lots of room and lots of storage! Enjoy coffee or cocktails on your private brick paver patio. This property is much larger than first appearance as homeowner left deep wooded area to appreciate the abundance of nature. Seller will provide Home Warranty. Please Note: Refrigerator and Freezer in basement not included
MORE PICTURES COMING SHORTLY!

Last Listed By

Els Ferguson

Island Realty - KW Advantage License #6501410788 Listed on: 06/02/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1995

Lot Details

  • 0.9 Acre Lot
  • Lot Dimensions are 105 x 140 x 157 x 184

HOA Fees

  • $27 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 3,031 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Family Room with Fireplace
  • Unfinished Basement
  • Sump Pump

Kitchen

  • Free-Standing Gas Oven
  • Free-Standing Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 3 Car Direct Access Garage
  • Garage Door Opener

Location

  • Ground Level

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • Tankless Water Heater
  • Natural Gas Water Heater
  • High Speed Internet

Community Details

  • Dan Roman Association, Phone Number (313) 319-4511
  • Forest Estates Cond Subdivision

Listing and Financial Details

  • Assessor Parcel Number 73022030015000

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,042

Year Built

Built in 1995

Lot Details

0

HOA Fees

$27 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1995
  • State Equalized Value: 238400.0000
  • Foundation Features: Sump Pump
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: High Spd Internet Avail, Humidifier
  • Fireplace: Yes
  • Fireplace Fuel: Natural
  • Fireplace Locations: Family Room
  • Room Count: 13
  • Total Bedrooms: 4
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Free-Standing Gas Oven, Free-Standing Gas Range, Free-Standing Refrigerator, Microwave, Washer
  • Sq Ft Combined: 3031
  • Total Sq Ft: 3031
  • Sq Ft Total Bsmt: 1645

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick, Vinyl
  • Foundation Materials: Poured
  • Frontage Feet: 105
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 3 Car
  • Garage Features: 2+ Assigned Spaces, Direct Access, Electricity, Door Opener, Attached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas, Tankless
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • HOA Fee Includes: Snow Removal
  • Association Fee Frequency: Annually
  • Phone: 313-319-4511
  • Association Fee: 325
  • Association Contact: Dan Roman
  • Association Fee: Yes

Schools

  • School District: Grosse Ile Twp

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.90
  • Lot Dimensions: 105 x 140 x 157 x 184
  • Parcel Number: 73022030015000

Tax Info

  • Tax Amount Summer: 3929.0000
  • Tax Amount Winter: 5113.0000
  • Total Tax: 9042.0000
  • Taxable Value: 205164.0000

MLS Schools

  • School District: Grosse Ile Twp

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2022
Closed on
Jul 20, 2022
Sold by
Brausch Ronald J and Brausch Patricia L
Bought by
Track Alexander and Track Danielle
Seller's Agent
Els Ferguson
Island Realty - KW Advantage
Buyer's Agent
Theresa Weaks
Island Realty Inc
List Price
$524,900
Sold Price
$515,000
Premium/Discount to List
-$9,900
-1.89%
Total Days on Market
3
Current Estimated Value
$585,202

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,202
Avg. Annual Appreciation
4.10%
Original Mortgage
$412,000
Outstanding Balance
$357,024
Interest Rate
4.38%
Mortgage Type
Balloon
Estimated Equity
$222,137

Range of Values:

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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
Track Alexander $515,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Track Alexander $412,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2022 06/30/22 Sold $515,000 -1.9% $170 / Sq Ft
06/06/2022 06/06/22 Pending -- -- --
06/02/2022 06/02/22 For Sale $524,900 -- $173 / 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
2024 $4,292 $293,200 $0 $0
2023 $4,910 $269,000 $0 $0
2022 $9,452 $249,000 $0 $0
2021 $9,042 $238,400 $0 $0
2019 $8,967 $234,200 $0 $0
2018 $3,856 $224,600 $0 $0
2017 $9,958 $217,900 $0 $0
2016 $8,812 $208,900 $0 $0
2015 $18,766 $197,200 $0 $0
2013 $18,180 $189,800 $0 $0
2012 $3,641 $180,300 $38,700 $141,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2220042170

Realcomp

APN: 73-022-03-0015-000