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1596 Rivers Edge

1596 Rivers Edge, Rochester, MI 48309
Sold Feb 09, 2023
$225,000
Sold Nov 19, 2019
$189,900
$132,930 by Kaye Financial Corp
Mortgage Due Dec 01, 2049
1596 Rivers Edge has been categorized by the local assessors in Rochester, MI as a residential type of property. The building on the property was first built in 1985 and is 39 years old. The home has a total of 6 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1596 Rivers Edge has 930 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a finished improved basement that is 930 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 980,748 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with brick control joints. The exterior walls of the building are made of alum/vinyl siding. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. 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, 1596 Rivers Edge sold most recently in Jan 6, 2023 for a total of $225,000. If you work out the math, that's approximately a cost of $241.94 per sqft. Before that, the property was also sold for $189,900 in Nov 15, 2019. 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 $2,621 in taxes each year. 1596 Rivers Edge was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $90,350. 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: 1985
  • Effective Year Built: 1985
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Construction Type: Brick
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 1
  • Basement Type: Finished improved basement
  • Basement Area: 930
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 980,748
  • Total Building Area: 930
  • Building Area: 930
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 930
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: OAKLAND COUNTY CONDOMINIUM
  • Land Acres: 22.514
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: T3N, R11E, SEC 21 OAKLAND COUNTY CONDOMINIUM PLAN NO 1237 CRESTWOOD VILLAGE OF ROCHESTER HILLS CONDOMINIUM UNIT 59, BLDG Q

Ownership

  • Current Owner : KONKAL BRIAN D
  • Current Owner 2: WEBER CHARLES M
  • Previous Owner : BOWERS LAURIE
  • Owner Before Previous Owner: MEGERIAN MICHAEL N
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Rochester Community School District
  • School Tax School District: 63260
  • Census Tract: 194200

Zoning

  • Zoning: KI

Geography

  • District: 70
  • Parcel: 70-15-21-327-060
  • Meridian: SEC 21 TWN 03N RNG 11E
  • Municipality: ROCHESTER HILLS CITY
  • Latitude: 42.6556
  • Longitude: -83.164

    Address

  • Full Address: 1596 Rivers Edge
  • Legal Unit: 59
  • Address - House Number: 1596
  • Address - Street Name: Rivers Edge
  • State: MI
  • City Name: Rochester Hills
  • Carrier Code: C030
  • 4-Digit Zip Code: 3339
  • Zip Code: 48309

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,621

    Appraisal Valuation

  • Standard Deviation: 0.1886
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 75
  • Final Value: 230,250
  • High Value: 273,680
  • Low Value: 186,820

    Market Valuation

  • Market Total Value: $180,700

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $90,350

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 06, 2023
  • Current Sale Recording Date: Feb 09, 2023
  • Current Sale Transaction ID: 11901984745
  • Current Sale Price: $225,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 13284
  • Previous Sale Recording Date: Nov 19, 2019
  • Previous Sale Contract Date: Nov 15, 2019
  • Previous Sale Amount: $189,900
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: KAYE FINANCIAL CORP
  • Previous Mortgage Transaction Date: Nov 19, 2019
  • Previous Mortgage Loan Amount: $132,930
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Dec 01, 2049

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Frequently Asked Questions

What neighborhood is 1596 Rivers Edge located in?
The 1596 Rivers Edge is a located in the neighborhood of Crestwood Village in Rochester, Rochester.
What is the average sales price for listings in 1596 Rivers Edge?
The average sales price for units in 1596 Rivers Edge is $0 currently.

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