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5056 Rockaway Lane

5056 Rockaway Lane, Clarkston, MI 48348
Property in Independence
Sold Mar 31, 2011
$455,000
$396,000 by Amerifirst Financial Corp
Mortgage Due Mar 01, 2041
Sold Mar 24, 2008
$530,000
$375,000 by Gmac Mortgage Llc
Mortgage Due Aug 01, 2038
5056 Rockaway Lane in Clarkston, MI was first built in 2004 and is 20 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 condo style. There are a total of 2 floors. In terms of bathrooms, there are a total of 3 full bathrooms. There are 4 partial bathrooms. 5056 Rockaway Lane has 3,379 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. The basement is 2,297 sqft and has been categorized as a finished improved basement. In total, the area measurement of the land is 19,210 square feet.

Learn more about the property and building on this page. There is a covered porch. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a garage. The garage is 682 sqft. There are a total of 2 available parking spaces. The exterior walls of the home are made of wood 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 Feb 18, 2011 for $455,000. That's $134.66 per sqft. Prior to that sales transaction, the property was also sold in Mar 20, 2008 for $530,000. 5056 Rockaway Lane was last assessed in 2023. The total value of the property was assessed at $318,000. Specifically, the land the property is located on was valued at $55,500. While improvements on the property were assessed at a total of $262,500. 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 $8,593. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 2004
  • Effective Year Built: 2004
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 13
  • Building Style: Condo
  • Exterior Walls Type: Wood siding
  • Floor Count: 2
  • Basement Type: Finished improved basement
  • Basement Area: 2,297
  • Garage Type: Garage
  • Garage Square Area: 682
  • Parking Space Count: 2
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 19,210
  • Lot Size Depth Feet: 1,930
  • Total Building Area: 3,379
  • Building Area: 3,379
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 3,379
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: OAKLAND COUNTY CONDOMINIUM
  • Land Acres: 0.441
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: T4N, R9E, SEC 24 OAKLAND COUNTY CONDOMINIUM PLAN 1036 OAKHURST UNIT 152 L 17072 P 18 11-12-98 FR 200-003

Ownership

  • Current Owner : MEHTA RAHUL
  • Previous Owner : COMPAGNONI CHARLES L
  • Previous Owner 2: COMPAGNONI MAUREEN E
  • Owner Before Previous Owner: MJC BUILDERS OF TROY INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Clarkston Community School District
  • School Tax School District: 63190
  • Census Tract: 127600

Zoning

  • Zoning: PRD

Geography

  • District: J
  • Section: 24
  • Parcel: J -08-24-102-015
  • Meridian: SEC 24 TWN 4N RNG 9E
  • Municipality: INDEPENDENCE TWP
  • Latitude: 42.746
  • Longitude: -83.3478

    Address

  • Full Address: 5056 Rockaway Ln
  • Legal Unit: 152
  • Address - House Number: 5056
  • Address - Street Name: Rockaway
  • Address - Suffix Type: Ln
  • State: MI
  • City Name: Clarkston
  • Carrier Code: R020
  • 4-Digit Zip Code: 5043
  • Zip Code: 48348

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,593

    Appraisal Valuation

  • Standard Deviation: 0.1819
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 76
  • Final Value: 846,598
  • High Value: 1,000,656
  • Low Value: 692,540

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $396,000
  • First Open Lien Mortgage Lender: AMERIFIRST FINANCIAL CORP
  • First Open Lien Mortgage Recording Date: Mar 31, 2011
  • First Open Lien Mortgage Loan Amount: $396,000
  • 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: Mar 01, 2041

    Market Valuation

  • Market Total Value: $636,000
  • Market Land Value: $111,000
  • Market Improvement Value: $525,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $318,000
  • Assessed Land Value: $55,500
  • Assessed Improvements Value: $262,500

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 18, 2011
  • Current Sale Recording Date: Mar 31, 2011
  • Current Sale Transaction ID: 1106229682
  • Current Sale Price: $455,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 056842
  • Previous Sale Recording Date: Mar 24, 2008
  • Previous Sale Contract Date: Mar 20, 2008
  • Previous Sale Amount: $530,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERIFIRST FINANCIAL CORP
  • First Mortgage Transaction Date: Mar 31, 2011
  • First Mortgage Loan Amount: $396,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2041

    Previous Mortgages

  • Previous Mortgage Lender: GMAC MORTGAGE LLC
  • Previous Mortgage Transaction Date: Mar 24, 2008
  • Previous Mortgage Loan Amount: $375,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Aug 01, 2038

About Oakland



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Frequently Asked Questions

What neighborhood is 5056 Rockaway Lane located in?
The 5056 Rockaway Lane is a located in the neighborhood of Independence in Oakland, Clarkston.
What is the average sales price for listings in 5056 Rockaway Lane?
The average sales price for units in 5056 Rockaway Lane is $0 currently.

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