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5532 Bentwood Lane

5532 Bentwood Lane, Commerce Township, MI 48382
Property in Commerce
Sold Oct 12, 1994
$219,400
$115,000 by Capital Mtg Funding Inc
Mortgage Due Nov 01, 2024
Sold Oct 12, 1994
$50,000
5532 Bentwood Lane has been categorized by the local assessors in Commerce Township, MI as a residential type of property. The building on the property was first built in 1994 and is 30 years old. The home has a total of 4 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 5532 Bentwood Lane has 2,537 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 14,375 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a colonial style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 496 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a open porch. From what we've gathered, the quality of these control joints have been graded with a letter grade of B- by the local assessor. The building has a gable style roof. The exterior walls of the building are made of alum/vinyl siding. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a well system. The property is connected to a septic system and not a municipal sewage system. The homeowner of this property will need to handle their own water disposal. 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, 5532 Bentwood Lane sold most recently in Oct 5, 1994 for a total of $219,400. If you work out the math, that's approximately a cost of $86.48 per sqft. Before that, the property was also sold for $50,000 in Aug 31, 1993. 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 $3,878 in taxes each year. 5532 Bentwood Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $189,150. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1994
  • Effective Year Built: 1994
  • Total Rooms: 4
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Quality: B-
  • Building Style: Colonial
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 1,447
  • Garage Type: Garage
  • Garage Square Area: 496
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 14,375
  • Total Building Area: 2,537
  • Building Area: 2,537
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,537
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Subdivision: OAKLAND COUNTY CONDOMINIUM
  • Land Acres: 0.33
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: T2N, R8E, SEC 4 OAKLAND COUNTY CONDOMINIUM PLAN NO 645 HURON HILLS UNIT 114 L 11137 P 594 6-23-93 FR 400-005

Ownership

  • Current Owner : RHODES MARK
  • Current Owner 2: RHODES MARY
  • Previous Owner : NEWPORT HOMES INC
  • Owner Before Previous Owner: HURON HILLS INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Walled Lake Consolidated Schools
  • School Tax School District: 63290
  • Census Tract: 135300

Zoning

  • Zoning: KI

Geography

  • District: E
  • Parcel: E -17-04-476-114
  • Meridian: SEC 04 TWN 02N RNG 08E
  • Municipality: COMMERCE TWP
  • Latitude: 42.6037
  • Longitude: -83.5056

    Address

  • Full Address: 5532 Bentwood Ln
  • Legal Unit: 114
  • Address - House Number: 5532
  • Address - Street Name: Bentwood
  • Address - Suffix Type: Ln
  • State: MI
  • City Name: Commerce Township
  • Carrier Code: R024
  • 4-Digit Zip Code: 4833
  • Zip Code: 48382

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,878

    Appraisal Valuation

  • Standard Deviation: 0.1815
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 76
  • Final Value: 490,350
  • High Value: 579,384
  • Low Value: 401,315

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $115,000
  • First Open Lien Mortgage Lender: CAPITAL MTG FUNDING INC
  • First Open Lien Mortgage Recording Date: Oct 12, 1994
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $115,000
  • 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: Nov 01, 2024

    Market Valuation

  • Market Total Value: $378,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $189,150

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 05, 1994
  • Current Sale Recording Date: Oct 12, 1994
  • Current Sale Transaction ID: 1185638344
  • Current Sale Price: $219,400
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Oct 12, 1994
  • Previous Sale Contract Date: Aug 31, 1993
  • Previous Sale Amount: $50,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: CAPITAL MTG FUNDING INC
  • First Mortgage Transaction Date: Oct 12, 1994
  • First Mortgage Loan Amount: $115,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2024

    Financing

  • First Mortgage Financing Type: Variable

About Oakland



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Frequently Asked Questions

What neighborhood is 5532 Bentwood Lane located in?
The 5532 Bentwood Lane is a located in the neighborhood of Commerce in Oakland, Commerce Township.
What is the average sales price for listings in 5532 Bentwood Lane?
The average sales price for units in 5532 Bentwood Lane is $0 currently.

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