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318 Phoenix Street

318 Phoenix Street, Commerce Township, MI 48382
Property in Commerce
Sold Dec 23, 2019
$72,000
$57,600 by Fifth Third Bank
Mortgage Due Jan 01, 2050
Sold Feb 18, 2011
$47,000
$35,250 by Amera Mortgage Corp
Mortgage Due Feb 01, 2041
Local assessors in Commerce Township, MI have categorized 318 Phoenix Street as a residential type of property. The home was built in 1974 and is 50 years old. The property's lot size has been calculated to be 12,632 square feet. The linear feet between the front and back of the lot was measured at 1,790 ft and the front of the lot was measured at 710 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a style that we are currently unable to determine. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 4 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 is one full bathroom. There is also a partial bathroom. If we look only at the heated or air conditioned part of the building, then 318 Phoenix Street has a total of 1,652 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. The home sources its water from a well system. As for water disposal, the home is connected to a septic system and not a municipal sewage or storm sewage system. Therefore the homeowner of this property will need to handle their own water disposal every three to five years - though the exact number may differ. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. 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 - C. The building has a gable style roof. Lots of alum/vinyl 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. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 318 Phoenix Street sold most recently in Dec 13, 2019 for a total of $72,000. If you work out the math, that's approximately a cost of $43.58 per sqft. Before that, the property was also sold for $47,000 in Jan 25, 2011. 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 $2,969 in taxes each year. 318 Phoenix Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $103,030. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1974
  • Effective Year Built: 1974
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Quality: C
  • Building Style: Other
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Basement Type: Unspecified basement
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 12,632
  • Lot Size Depth Feet: 1,790
  • Lot Size Frontage Feet: 710
  • Total Building Area: 1,652
  • Building Area: 1,652
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,652
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Subdivision: CARROLL LAKE HEIGHTS SUB
  • Land Acres: 0.29
  • Standard Land Use Code: Single family residential
  • Legal Description 1: T2N, R8E, SEC 2 CARROLL LAKE HEIGHTS SUB LOTS 25, 26 & 27 BLOCK 27

Ownership

  • Current Owner : SHELTON CHRISTA DARLENE
  • Previous Owner : KENNEDY DOUGLAS
  • Previous Owner 2: KENNEDY LINDA
  • Owner Before Previous Owner: FEDERAL HOME LOAN MORTGAGE CORPORATION
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Walled Lake Consolidated Schools
  • School Tax School District: 63290
  • Census Tract: 134000

Zoning

  • Zoning: SI

Geography

  • District: E
  • Parcel: E -17-02-307-010
  • Block: 27
  • Lot: 25-27
  • Meridian: SEC 02 TWN 02N RNG 08E
  • Municipality: COMMERCE TWP
  • Latitude: 42.6051
  • Longitude: -83.4781

    Address

  • Full Address: 318 Phoenix St
  • Address - House Number: 318
  • Address - Street Name: Phoenix
  • Address - Suffix Type: St
  • State: MI
  • City Name: Commerce Township
  • Carrier Code: R004
  • 4-Digit Zip Code: 3169
  • Zip Code: 48382

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,969

    Appraisal Valuation

  • Standard Deviation: 0.2207
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 69
  • Final Value: 250,893
  • High Value: 306,267
  • Low Value: 195,519

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $77,600
  • First Open Lien Mortgage Lender: FIFTH THIRD BANK
  • First Open Lien Mortgage Recording Date: Dec 23, 2019
  • First Open Lien Mortgage Loan Amount: $57,600
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2050
  • Second Open Lien Mortgage Lender: FIFTH THIRD BANK
  • Second Open Lien Mortgage Recording Date: Feb 03, 2021
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $20,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $206,060

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $103,030

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 13, 2019
  • Current Sale Recording Date: Dec 23, 2019
  • Current Sale Transaction ID: 11719723672
  • Current Sale Price: $72,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 214434
  • Previous Sale Recording Date: Feb 18, 2011
  • Previous Sale Contract Date: Jan 25, 2011
  • Previous Sale Amount: $47,000
  • Previous Sale Document Type: Other

    Last Sale Mortgage

  • First Mortgage Lender: FIFTH THIRD BANK
  • First Mortgage Transaction Date: Dec 23, 2019
  • First Mortgage Loan Amount: $57,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: AMERA MORTGAGE CORP
  • Previous Mortgage Transaction Date: Feb 18, 2011
  • Previous Mortgage Loan Amount: $35,250
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Feb 01, 2041

About Oakland



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Frequently Asked Questions

What neighborhood is 318 Phoenix Street located in?
The 318 Phoenix Street is a located in the neighborhood of Commerce in Oakland, Commerce Township.
What is the average sales price for listings in 318 Phoenix Street?
The average sales price for units in 318 Phoenix Street is $0 currently.

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