NOT LISTED FOR SALE

8877 Prestwick Ln Washington, MI 48095

Estimated Value: $182,000 - $587,000

0.61 Acre
$592,425 Price per Acre
26,572 Sq Ft Lot

Last Sold August 16, 2022

Last sale price $147,500

Est. 145% increase in value since last sale

Current estimated payment $2,203/month

90 Days on Market

About This Lot

As of August 2022

Come build your dream home on this beautiful estate sized lot in the highly desirable and established subdivision The Ravines at the Orchards. Daylight basement/forced walkout possible. Water/sewer available.

Last Agent to Sell the Property

Marianna Ruffino

Realty Executives Home Towne License #MISPE-6501390972 Listed on: 04/28/2022

Realty Executives Home Towne

Last Buyer's Agent

James Berner

Realty Executives Home Towne License #MISPE-6501246419

Realty Executives Home Towne

Property Details

Property Type

  • Land

Est. Annual Taxes

Lot Details

  • 0.61 Acre Lot
  • Lot Dimensions are 105x268x100x236

HOA Fees

  • $44 Monthly HOA Fees

Community Details

  • The Ravines At The Orchards #619 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 24-04-15-326-031

Property Details

Property Type

Land

Est. Annual Taxes

$1,316

Lot Details

0

HOA Fees

$44 per month

Listing Details

  • Originating MLS: MiRealSource
  • Class: VACANT LAND
  • Type Of Property: Vacant Land
  • Style: Vacant Land
  • Flood Plain: Unknown
  • Total Tax Amount: 1316
  • Total Tax Year: 2021
  • Mail City: Washington
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage: 105
  • Roads: Curbed, Paved Street
  • Frontage Type: Road

Utilities

  • Water: Public Water At Street
  • Sewer/Septic System: Public At Street

Condo/Co-op/Association

  • Association Fee: Yes
  • Community Amenities: Sidewalks, Street Lights

Fee Information

  • Fee Amount: 525
  • Fee Schedule: Yearly

Schools

  • School District: Romeo Community Schools

Lot Info

  • Assessor Parcel Number: 24-04-15-326-031
  • Location: Subdivision
  • Acreage: 0.61
  • Lot Description: Deep Lot - 150+ Ft., Large Lot - 65+ Ft., Sidewalks
  • Zoning: Residential
  • Lot Size: 105x268x100x236
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2021, Amount: $1,054.00
  • Winter Tax: Year: 2021, Amount: $262.00
  • Total Tax: Year: 2021, Amount: $1,316.00

MLS Schools

  • School District: Romeo Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 19, 2024
Sold by
Gegic Viktor J
Bought by
Gegic Daniel T and Deda Roza
Current Estimated Value
$361,379

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Outstanding Balance
$496,416
Interest Rate
7.88%
Mortgage Type
New Conventional
Estimated Equity
-$333,083

Purchase Details

Listed on
Apr 28, 2022
Closed on
Aug 16, 2022
Sold by
Michele Romeo
Bought by
Gegic Viktor J
Seller's Agent
Marianna Ruffino
Realty Executives Home Towne
Buyer's Agent
James Berner
Realty Executives Home Towne
List Price
$149,900
Sold Price
$147,500
Premium/Discount to List
-$2,400
-1.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.40%
Original Mortgage
$110,600
Interest Rate
4.75%
Mortgage Type
Balloon

Purchase Details

Closed on
Oct 18, 2021
Sold by
Cherry Creek Building Llc
Bought by
Romeo Michele and Romeo Helene

Purchase Details

Listed on
Jul 30, 2013
Closed on
Aug 19, 2013
Sold by
Gasperoni Debra M
Bought by
Cherry Creek Building Llc
Seller's Agent
Dan DeYonker
EXP Realty Rochester
Buyer's Agent
Tony Dabaldo
RE/MAX Metropolitan
List Price
$69,900
Sold Price
$66,000
Premium/Discount to List
-$3,900
-5.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.82%

Purchase Details

Closed on
Apr 3, 2012
Sold by
Dynasty Land Development Llc
Bought by
Gasperoni Debra M

Purchase Details

Closed on
Feb 15, 2012
Sold by
Walker Property Development Llc
Bought by
Dynasty Land Development Llc

Purchase Details

Closed on
Jan 29, 2010
Sold by
Westcreek Estates Inc
Bought by
Walker Roger P

Purchase Details

Closed on
Aug 21, 2009
Sold by
Westcreek Estates Inc
Bought by
Citizens Bank and Republic Bank
Source: Public Records

Range of Values:

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
Gegic Daniel T -- Greater Macomb Title Agency
Gegic Viktor J $147,500 Ata National Title
Romeo Michele $83,000 Ata National Title Group Llc
Cherry Creek Building Llc $66,000 None Available
Gasperoni Debra M $37,000 Manzo Title Agency
Dynasty Land Development Llc $23,000 Manzo Title Company
Walker Roger P $155,000 None Available
Citizens Bank $221,613 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gegic Daniel T $500,000
Previous Owner Gegic Viktor J $110,600
Previous Owner Westcreek Estates Inc $805,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2022 08/16/22 Sold $147,500 -1.6% --
07/27/2022 07/27/22 Pending -- -- --
06/15/2022 06/15/22 For Sale $149,900 0.0% --
06/06/2022 06/06/22 Pending -- -- --
04/28/2022 04/28/22 For Sale $149,900 +127.1% --
08/28/2013 08/28/13 Sold $66,000 -5.6% --
08/12/2013 08/12/13 Pending -- -- --
07/30/2013 07/30/13 For Sale $69,900 -- --
Source: Michigan Multiple Listing Service

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 $2,331 $138,500 $0 $0
2024 $1,851 $52,600 $0 $0
2023 $1,774 $45,000 $0 $0
2022 $2,216 $45,000 $0 $0
2021 $1,316 $42,500 $0 $0
2020 $1,043 $40,000 $0 $0
2019 $1,232 $37,500 $0 $0
2018 $1,206 $37,500 $0 $0
2017 $1,170 $32,400 $0 $0
2016 $1,559 $32,400 $0 $0
2015 -- $24,300 $0 $0
2013 $51 $25,000 $25,000 $0
2012 $51 $27,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Michigan Multiple Listing Service

MLS Number: 50072229

Michigan Multiple Listing Service

APN: 24-04-15-326-031