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4583 Racewood Drive

4583 Racewood Drive, Commerce Township, MI 48382
Property in Commerce
Sold Jun 12, 2018
$400,000
$360,000 by Staunton Financal Inc
Mortgage Due Jul 01, 2048
Sold Jan 20, 2011
$245,000
4583 Racewood Drive in Commerce Township, MI was first built in 2000 and is 24 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a colonial style. It is a single story home. There are a total of 10 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 4 partial bathrooms. 4583 Racewood Drive has 3,412 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 20,473 square feet.

Learn more about the property and building on this page. There is a open porch. The home has a gable style roof. Water for the property is sourced from a well system. The property is not connected to a municipal sewage system. Instead, it is connected to a septic system which you will need to handle on your own. For those who need parking, there is a garage. The garage is 697 sqft. There are a total of 2 available parking spaces. The quality of the control joints have been graded by the local assessor with a letter grade of B. The exterior walls of the home are made of alum/vinyl siding. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a forced air unit and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Jun 7, 2018 for $400,000. That's $117.23 per sqft. Prior to that sales transaction, the property was also sold in Dec 10, 2010 for $245,000. 4583 Racewood Drive was last assessed in 2023. The total value of the property was assessed at $232,710. 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 $7,330. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay 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: 2000
  • Effective Year Built: 2000
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 11
  • Building Quality: B
  • Building Style: Colonial
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,787
  • Garage Type: Garage
  • Garage Square Area: 697
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 20,473
  • Total Building Area: 3,412
  • Building Area: 3,412
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 3,412
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Subdivision: CRANBERRY ESTATES SUB
  • Land Acres: 0.47
  • Standard Land Use Code: Single family residential
  • Legal Description 1: T2N, R8E, SEC 6 CRANBERRY ESTATES SUB NO 1 LOT 36 10-30-98 FR 476-013

Ownership

  • Current Owner : MATZKE DREW A
  • Current Owner 2: MATZKE SARAH E
  • Previous Owner : NEGRO MARCIA
  • Owner Before Previous Owner: SMITH DANIEL J
  • Owner Before Previous Owner 2: SMITH MICHELLE R
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Huron Valley Schools
  • School Tax School District: 63220
  • Census Tract: 135300

Zoning

  • Zoning: RI

Geography

  • District: E
  • Parcel: E -17-06-427-003
  • Lot: 10,36
  • Meridian: SEC 06 TWN 02N RNG 08E
  • Municipality: COMMERCE TWP
  • Latitude: 42.6035
  • Longitude: -83.5448

    Address

  • Full Address: 4583 Racewood Dr
  • Address - House Number: 4583
  • Address - Street Name: Racewood
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Commerce Township
  • Carrier Code: R016
  • 4-Digit Zip Code: 1168
  • Zip Code: 48382

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,330

    Appraisal Valuation

  • Standard Deviation: 0.191
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 74
  • Final Value: 624,335
  • High Value: 743,587
  • Low Value: 505,084

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $360,000
  • First Open Lien Mortgage Lender: STAUNTON FINANCAL INC
  • First Open Lien Mortgage Recording Date: Jun 12, 2018
  • First Open Lien Mortgage Loan Amount: $360,000
  • 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: Jul 01, 2048

    Market Valuation

  • Market Total Value: $465,420

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $232,710

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 07, 2018
  • Current Sale Recording Date: Jun 12, 2018
  • Current Sale Transaction ID: 11473395591
  • Current Sale Price: $400,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 99167
  • Previous Sale Recording Date: Jan 20, 2011
  • Previous Sale Contract Date: Dec 10, 2010
  • Previous Sale Amount: $245,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: STAUNTON FINANCAL INC
  • First Mortgage Transaction Date: Jun 12, 2018
  • First Mortgage Loan Amount: $360,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2048

About Oakland



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Frequently Asked Questions

What neighborhood is 4583 Racewood Drive located in?
The 4583 Racewood Drive is a located in the neighborhood of Commerce in Oakland, Commerce Township.
What is the average sales price for listings in 4583 Racewood Drive?
The average sales price for units in 4583 Racewood Drive is $0 currently.

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