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1040 Wyman Drive

1040 Wyman Drive, Waterford, MI 48328
Property in Waterford
Sold Sep 12, 2016
$200,000
$374,500 by Quicken Loans Llc
Mortgage Due Jan 01, 2051
Local assessors in Waterford, MI have categorized 1040 Wyman Drive as a residential type of property. The home was built in 2017 and is 7 years old. The property's lot size has been calculated to be 6,534 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a colonial style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 13 rooms in the home. Of these, 5 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 4 full bathrooms. There are also 5 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1040 Wyman Drive has a total of 3,066 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 715 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B-. Lots of wood siding were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source and it is being fueled with gas. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1040 Wyman Drive sold most recently in Sep 9, 2016 for a total of $200,000. If you work out the math, that's approximately a cost of $65.23 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $10,437 in taxes each year. 1040 Wyman Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $535,010. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2017
  • Total Rooms: 13
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Quality: B-
  • Building Style: Colonial
  • Exterior Walls Type: Wood siding
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 1,313
  • Garage Type: Garage
  • Garage Square Area: 715
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,534
  • Lot Size Depth Feet: 344
  • Total Building Area: 3,066
  • Gross Building Area: 3,066
  • Building Area: 3,066
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 3,066
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CASS-SYLVAN LAKES COMMUNITY
  • Land Acres: 0.15
  • Standard Land Use Code: Single family residential
  • Legal Description 1: T3N, R9E, SEC 35 THE MEYERING LAND CO'S CASS-SYLVAN LAKES COMMUNITY SUB NO 1 LOT 258, ALSO S 1/2 LOT 259 7-21-16 FR 017

Ownership

  • Current Owner : LEVINE JIMMY
  • Current Owner 2: LEVINE SIGAL
  • Previous Owner : BAUMANN WAYNE R
  • Previous Owner 2: BAUMANN GWENDOLEN L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Waterford School District
  • School Tax School District: 63300
  • Census Tract: 145400

Geography

  • District: W
  • Parcel: W -13-35-428-020
  • Lot: 258
  • Meridian: SEC 35 TWN 03N RNG 09E
  • Municipality: WATERFORD TWP
  • Latitude: 42.6245
  • Longitude: -83.3459

    Address

  • Full Address: 1040 Wyman Dr
  • Legal Unit: Y
  • Address - House Number: 1040
  • Address - Street Name: Wyman
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Waterford
  • Carrier Code: C022
  • 4-Digit Zip Code: 3964
  • Zip Code: 48328

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,437

    Appraisal Valuation

  • Standard Deviation: 0.1815
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 76
  • Final Value: 819,355
  • High Value: 968,128
  • Low Value: 670,581

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $374,500
  • First Open Lien Mortgage Lender: QUICKEN LOANS LLC
  • First Open Lien Mortgage Recording Date: Feb 10, 2021
  • First Open Lien Mortgage Loan Amount: $374,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2051

    Market Valuation

  • Market Total Value: $1,070,020

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $535,010

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 09, 2016
  • Current Sale Recording Date: Sep 12, 2016
  • Current Sale Transaction ID: 1770813792
  • Current Sale Price: $200,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 172792

About Waterford



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Frequently Asked Questions

What neighborhood is 1040 Wyman Drive located in?
The 1040 Wyman Drive is a located in the neighborhood of Waterford in Waterford, Waterford.
What is the average sales price for listings in 1040 Wyman Drive?
The average sales price for units in 1040 Wyman Drive is $0 currently.

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