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5481 River Woods Court

5481 River Woods Court, Dexter, MI 48130
Property in Scio
Sold Jul 13, 2016
$337,000
$269,600 by The Huntington National Bank
Mortgage Due Jul 01, 2046
Sold Oct 20, 2005
$332,300
$265,000 by Americas Wholesale Lender
Mortgage Due Nov 01, 2035
Local assessors in Dexter, MI have categorized 5481 River Woods Court as a residential type of property. The home was built in 1997 and is 27 years old. The property's lot size has been calculated to be 36,155 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a contemporary style. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 5481 River Woods Court has a total of 2,009 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. 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. 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 495 sqft. There are 2 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 porch so you'll have a great option in the front of the home. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. The home's a forced air unit is the primary heating source. 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, 5481 River Woods Court sold most recently in Jun 27, 2016 for a total of $337,000. If you work out the math, that's approximately a cost of $167.75 per sqft. Before that, the property was also sold for $332,300 in Oct 11, 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 $2,019 in taxes each year. 5481 River Woods Court was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $216,400. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 1997
  • Effective Year Built: 1997
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Style: Contemporary
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,987
  • Garage Type: Garage
  • Garage Square Area: 495
  • Parking Space Count: 2
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 36,155
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,009
  • Building Area: 2,009
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 2,009
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Septic
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RIVER WOODS SITE CONDO
  • Land Acres: 0.83
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: SITE 6, RIVER WOODS SITE CONDOMINIUM, PT NW 1/4 SEC 10, T2S-R5E, 0.83 AC.

Ownership

  • Current Owner : AUSTIN THEODORE
  • Current Owner 2: AUSTIN DANIELLE
  • Previous Owner : EVANS CYNTHIA J
  • Owner Before Previous Owner: MARSHALL BRETT A
  • Owner Before Previous Owner 2: MARSHALL LINDA M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Dexter Community School District
  • School Tax School District: DEXTER
  • Census Tract: 453000

Geography

  • District: H
  • Parcel: H -08-10-240-006
  • Block: 240
  • Meridian: SEC 01 TWN 02S RNG 05E
  • Municipality: SCIO TWP
  • Latitude: 42.3263
  • Longitude: -83.839

    Address

  • Full Address: 5481 River Woods Ct
  • Address - House Number: 5481
  • Address - Street Name: River Woods
  • Address - Suffix Type: Ct
  • State: MI
  • City Name: Dexter
  • Carrier Code: R004
  • 4-Digit Zip Code: 9476
  • Zip Code: 48130

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,019
  • Tax Rate Code Area: H

    Appraisal Valuation

  • Standard Deviation: 0.1364
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 84
  • Final Value: 508,917
  • High Value: 578,347
  • Low Value: 439,486

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $353,000
  • First Open Lien Mortgage Lender: THE HUNTINGTON NATIONAL BANK
  • First Open Lien Mortgage Recording Date: Jul 13, 2016
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $269,600
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2046
  • Second Open Lien Mortgage Lender: THE HUNTINGTON NATIONAL BANK
  • Second Open Lien Mortgage Recording Date: Oct 11, 2017
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $83,400
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Sep 09, 2047

    Market Valuation

  • Market Total Value: $432,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $216,400

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 27, 2016
  • Current Sale Recording Date: Jul 13, 2016
  • Current Sale Transaction ID: 1758152223
  • Current Sale Price: $337,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 6326240
  • Previous Sale Recording Date: Oct 20, 2005
  • Previous Sale Contract Date: Oct 11, 2005
  • Previous Sale Amount: $332,300
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: THE HUNTINGTON NATIONAL BANK
  • First Mortgage Transaction Date: Jul 13, 2016
  • First Mortgage Loan Amount: $269,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Jul 01, 2046

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: AMERICAS WHOLESALE LENDER
  • Previous Mortgage Transaction Date: Oct 20, 2005
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $265,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2035

About Washtenaw



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Frequently Asked Questions

What neighborhood is 5481 River Woods Court located in?
The 5481 River Woods Court is a located in the neighborhood of Scio in Washtenaw, Dexter.
What is the average sales price for listings in 5481 River Woods Court?
The average sales price for units in 5481 River Woods Court is $0 currently.

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