NOT LISTED FOR SALE

8861 Silver Oak Cove Unit 43 Portage, MI 49024

Estimated Value: $419,341 - $614,000

3 Beds
3 Baths
2,437 Sq Ft
$250/mo HOA Fee

Last Sold August 30, 2012

Last sale price $262,000 $108 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $3,468/month

194 Days on Market

Highlights

  • Recreation Room
  • Wood Flooring
  • Attached Garage
  • Moorsbridge Elementary School Rated A
  • Cul-De-Sac
  • Living Room

About This Home

As of August 2012

Beautiful ranch condo in Oakland Hills available immediately. Built by reputable builder; American Village Builders, this condo is set amidst the Gourdneck State Forest, Portage Creek and habitat preserve. The setting is tranquil yet less than 1 mile to everything! Walkout ranch condo offers 3 bedrooms, 3 full bathrooms, granite counter tops, stainless appliances, wood floors, and gas fireplace. All the amenities that new construction has to offer including a wonderful master suite, main floor laundry, 2 car garage, finished walk-out level, etc. Landscaping is finished for you, garage has been finished, and all window treatments have been installed, you just need to move in. Beautiful cul-de-sac location with private views. Spectacular clubhouse with exercise room and outdoor pool.

Last Agent to Sell the Property

Melissa Swetz

Jaqua, REALTORS Listed on: 01/25/2012

Last Buyer's Agent

Kim Hayward

Berkshire Hathaway HomeServices MI License #6501300722

Berkshire Hathaway HomeServices MI

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,695

Year Built

  • Built in 2008

Lot Details

  • Cul-De-Sac

HOA Fees

  • $250 Monthly HOA Fees

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2,437 Sq Ft Home
  • Gas Log Fireplace
  • Living Room
  • Dining Area
  • Recreation Room
  • Wood Flooring
  • Walk-Out Basement
  • Home Security System

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Parking

  • Attached Garage
  • Garage Door Opener

Community Details

  • Association fees include water, trash, snow removal, sewer, lawn/yard care

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,695

Year Built

Built in 2008

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Property Sub-Type: Condominium
  • Property Type: Residential
  • New Construction: No
  • Year Built: 2008
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Garage Door Opener, Security System, Wood Floor
  • Fireplace Features: Gas Log
  • Fireplace: Yes
  • Total Bedrooms: 3
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Walk Out
  • LivingArea: 2437.0

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 269900.0
  • Lot Features: Cul-De-Sac
  • Road Surface Type: Paved
  • Roof: Composition
  • Topography: {"Level":true}

Garage/Parking

  • Attached Garage: Yes
  • Garage: Yes

Condo/Co-op/Association

  • Association Fee: 250.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Trash, Snow Removal, Sewer, Lawn/Yard Care

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2012
Closed on
Aug 30, 2012
Sold by
Teare Linda E
Bought by
The Teare Family Trust
Seller's Agent
Melissa Swetz
Jaqua, REALTORS
Buyer's Agent
Kim Hayward
Berkshire Hathaway HomeServices MI
List Price
$339,000
Sold Price
$262,000
Premium/Discount to List
-$77,000
-22.71%
Current Estimated Value
$491,335

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$229,335
Avg. Annual Appreciation
4.90%

Purchase Details

Closed on
Nov 4, 2008
Sold by
American Village Development Ii Llc
Bought by
Wells Marsha A and Stout Thomas E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,750
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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
The Teare Family Trust -- Ppr Title Agency
Teare Linda E $262,000 Ppr Title Agency
Wells Marsha A $277,500 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wells Marsha A $249,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2012 08/30/12 Sold $262,000 -22.7% $108 / Sq Ft
08/06/2012 08/06/12 Pending -- -- --
01/25/2012 01/25/12 For Sale $339,000 -- $139 / Sq Ft
Source: Southwestern Michigan Association of REALTORS®

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 $7,695 $213,400 $0 $0
2024 $6,774 $199,800 $0 $0
2023 $6,648 $167,600 $0 $0
2022 $7,183 $160,400 $0 $0
2021 $6,942 $181,100 $0 $0
2020 $6,791 $165,500 $0 $0
2019 $611 $162,000 $0 $0
2018 $0 $159,500 $0 $0
2017 $0 $160,900 $0 $0
2016 -- $157,400 $0 $0
2015 -- $150,700 $0 $0
2014 -- $139,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 12003349

Southwestern Michigan Association of REALTORS®

APN: 10-05950-043-A