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3857 Lakewood Drive

3857 Lakewood Drive, Waterford, MI 48329
Property in Waterford
Sold Aug 25, 2015
$537,500
$346,000 by Amerifirst Financial Corp
Mortgage Due Sep 01, 2045
Local assessors in Waterford, MI have categorized 3857 Lakewood 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 15,725 square feet. The linear feet between the front and back of the lot was measured at 1,333 ft and the front of the lot was measured at 700 ft. 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 15 rooms in the home. Of these, 7 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 3857 Lakewood Drive has a total of 3,840 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. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. 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 947 sqft. There are 4 available parking spaces so it's a great situation for those with more than one car. 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 - B-. The building has a hip style roof. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. Residents rely on no 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. The property was last sold in Aug 24, 2015 for $537,500. That's $139.97 per sqft. 3857 Lakewood Drive was last assessed in 2023. The total value of the property was assessed at $699,800. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $19,276. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. 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: 15
  • Bedroom Count: 7
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 9
  • Building Quality: B-
  • Building Style: Colonial
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Hip
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 2,293
  • Garage Type: Garage
  • Garage Square Area: 947
  • Parking Space Count: 4
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 15,725
  • Lot Size Depth Feet: 1,333
  • Lot Size Frontage Feet: 700
  • Total Building Area: 3,840
  • Building Area: 3,840
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: No air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 3,840
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LAKEWOOD SUB
  • Land Acres: 0.361
  • Standard Land Use Code: Single family residential
  • Legal Description 1: T3N, R9E, SEC 14 LAKEWOOD SUB NO 1 LOT 31

Ownership

  • Current Owner : ALCALA PAUL F
  • Current Owner 2: ALCALA SARAH FOX
  • Previous Owner : BENNETT MARK R
  • Previous Owner 2: BENNETT JULIE A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Waterford School District
  • School Tax School District: 63300
  • Census Tract: 144600

Zoning

  • Zoning: LI

Geography

  • District: W
  • Parcel: W -13-14-152-015
  • Lot: 31
  • Meridian: SEC 14 TWN 03N RNG 09E
  • Municipality: WATERFORD TWP
  • Latitude: 42.6701
  • Longitude: -83.3639

    Address

  • Full Address: 3857 Lakewood Dr
  • Address - House Number: 3857
  • Address - Street Name: Lakewood
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Waterford
  • Carrier Code: C066
  • 4-Digit Zip Code: 3952
  • Zip Code: 48329

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $19,276

    Appraisal Valuation

  • Standard Deviation: 0.1664
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 78
  • Final Value: 1,440,177
  • High Value: 1,679,871
  • Low Value: 1,200,483

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $1,059,000
  • First Open Lien Mortgage Lender: AMERIFIRST FINANCIAL CORP
  • First Open Lien Mortgage Recording Date: Aug 25, 2015
  • First Open Lien Mortgage Loan Amount: $346,000
  • 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: Sep 01, 2045
  • Second Open Lien Mortgage Lender: RAYMOND JAMES BANK
  • Second Open Lien Mortgage Recording Date: Jul 13, 2022
  • Second Open Lien Mortgage Loan Amount: $713,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Aug 01, 2052

    Market Valuation

  • Market Total Value: $1,399,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $699,800

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 24, 2015
  • Current Sale Recording Date: Aug 25, 2015
  • Current Sale Transaction ID: 1347118009
  • Current Sale Price: $537,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 172589

    Last Sale Mortgage

  • First Mortgage Lender: AMERIFIRST FINANCIAL CORP
  • First Mortgage Transaction Date: Aug 25, 2015
  • First Mortgage Loan Amount: $346,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2045

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Frequently Asked Questions

What neighborhood is 3857 Lakewood Drive located in?
The 3857 Lakewood Drive is a located in the neighborhood of Waterford in Waterford, Waterford.
What is the average sales price for listings in 3857 Lakewood Drive?
The average sales price for units in 3857 Lakewood Drive is $0 currently.

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