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52886 Rico Court

52886 Rico Court, Wixom, MI 48393
Property in Lyon
Sold Dec 02, 2015
$449,400
$359,520 by Michigan First Mortgage Inc
Mortgage Due Dec 01, 2045
Sold Feb 02, 2006
$415,000
52886 Rico Court in Wixom, MI was first built in 1998 and is 26 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 contemporary style. There are a total of 2 floors. There are a total of 11 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 4 full bathrooms. There are 4 partial bathrooms. 52886 Rico Court has 2,843 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 112,820 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 573 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with brick control joints. 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 heat pump. 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. 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, 52886 Rico Court sold most recently in Nov 25, 2015 for a total of $449,400. If you work out the math, that's approximately a cost of $158.07 per sqft. Before that, the property was also sold for $415,000 in Dec 2, 2005. 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 $7,585 in taxes each year. 52886 Rico Court was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $357,460. 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. 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.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: 1998
  • Effective Year Built: 1998
  • Total Rooms: 11
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 12
  • Construction Type: Brick
  • Building Style: Contemporary
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 2,093
  • Garage Type: Garage
  • Garage Square Area: 573
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 112,820
  • Total Building Area: 2,843
  • Building Area: 2,843
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 2,843
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Land Acres: 2.59
  • Standard Land Use Code: Single family residential
  • Legal Description 1: T1N, R7E, SEC 1 PART OF SW FRAC 1/4 BEG AT PT DIST S 02-23-13 E 1702.41 FT FROM W 1/4 COR, TH N 87-39-59 E 449.35 FT, TH S

Ownership

  • Current Owner : HENDERSON JOHN
  • Current Owner 2: HENDERSON DALE
  • Previous Owner : BOSCH ANITA T LECHNER
  • Previous Owner 2: MULVIHILL DANIEL V
  • Owner Before Previous Owner: PETICCA AMERICO
  • Owner Before Previous Owner 2: PETICCA IOLANDA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: South Lyon Community Schools
  • School Tax School District: 63240
  • Census Tract: 138600

Zoning

  • Zoning: SI

Geography

  • District: K
  • Parcel: K -21-01-300-021
  • Meridian: SEC 01 TWN 01N RNG 07E
  • Municipality: LYON TWP
  • Latitude: 42.509
  • Longitude: -83.5746

    Address

  • Full Address: 52886 Rico Ct
  • Address - House Number: 52886
  • Address - Street Name: Rico
  • Address - Suffix Type: Ct
  • State: MI
  • City Name: Wixom
  • Carrier Code: R003
  • 4-Digit Zip Code: 2246
  • Zip Code: 48393

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,585

    Appraisal Valuation

  • Standard Deviation: 0.1672
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 78
  • Final Value: 798,224
  • High Value: 931,722
  • Low Value: 664,725

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $359,520
  • First Open Lien Mortgage Lender: MICHIGAN FIRST MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Dec 02, 2015
  • First Open Lien Mortgage Loan Amount: $359,520
  • 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: Dec 01, 2045

    Market Valuation

  • Market Total Value: $714,920

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $357,460

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 25, 2015
  • Current Sale Recording Date: Dec 02, 2015
  • Current Sale Transaction ID: 1394308448
  • Current Sale Price: $449,400
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 234146
  • Previous Sale Recording Date: Feb 02, 2006
  • Previous Sale Contract Date: Dec 02, 2005
  • Previous Sale Amount: $415,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MICHIGAN FIRST MORTGAGE INC
  • First Mortgage Transaction Date: Dec 02, 2015
  • First Mortgage Loan Amount: $359,520
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2045

About Oakland



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Frequently Asked Questions

What neighborhood is 52886 Rico Court located in?
The 52886 Rico Court is a located in the neighborhood of Lyon in Oakland, Wixom.
What is the average sales price for listings in 52886 Rico Court?
The average sales price for units in 52886 Rico Court is $0 currently.

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