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5860 Acorn Lane

5860 Acorn Lane, Sterling Heights, MI 48314
Property in Sterling Heights
Sold Aug 06, 2019
$150,000
$142,500 by United Wholesale Mortgage
Mortgage Due Aug 01, 2034
Sold Aug 25, 2016
$105,000
Local assessors in Sterling Heights, MI have categorized 5860 Acorn Lane as a residential type of property. The home was built in 2003 and is 21 years old. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a condo 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 5860 Acorn Lane has a total of 1,057 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. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 375 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source. The property was last sold in Jul 19, 2019 for $150,000. That's $141.91 per sqft. Prior to that sales transaction, the property was also sold in Aug 1, 2016 for $105,000. 5860 Acorn Lane was last assessed in 2023. The total value of the property was assessed at $82,600. 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 $2,647. 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. 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: 2003
  • Effective Year Built: 2003
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Building Style: Condo
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 375
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 0
  • Total Building Area: 1,057
  • Building Area: 1,057
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,057
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GATEWAY OAKS CONDOMINIUM
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: GATEWAY OAKS CONDO, MCCP NO. 760, UNIT 6

Ownership

  • Current Owner : MISHRA BIPIN
  • Current Owner 2: MISHRA TANUSHREE
  • Previous Owner : ALEXANDER JOSEF L
  • Previous Owner 2: ALEXANDER MARGA
  • Owner Before Previous Owner: TURNER NATHAN D
  • Owner Before Previous Owner 2: TURNER PAULINE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Utica Community Schools
  • School Tax School District: UTICA
  • Census Tract: 230603

Zoning

  • Zoning: R-100

Geography

  • District: 10
  • Parcel: 10-10-05-278-006
  • Municipality: STERLING HEIGHTS CITY
  • Latitude: 42.6199
  • Longitude: -83.0546

    Address

  • Full Address: 5860 Acorn Ln
  • Legal Unit: 6
  • Address - House Number: 5860
  • Address - Street Name: Acorn
  • Address - Suffix Type: Ln
  • State: MI
  • City Name: Sterling Heights
  • Carrier Code: C017
  • 4-Digit Zip Code: 3166
  • Zip Code: 48314

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,647

    Appraisal Valuation

  • Standard Deviation: 0.1898
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 74
  • Final Value: 212,059
  • High Value: 252,324
  • Low Value: 171,794

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $142,500
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Aug 06, 2019
  • First Open Lien Mortgage Loan Amount: $142,500
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2034

    Market Valuation

  • Market Total Value: $165,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $82,600

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 19, 2019
  • Current Sale Recording Date: Aug 06, 2019
  • Current Sale Transaction ID: 11636344511
  • Current Sale Price: $150,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 9086918
  • Previous Sale Recording Date: Aug 25, 2016
  • Previous Sale Contract Date: Aug 01, 2016
  • Previous Sale Amount: $105,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: Aug 06, 2019
  • First Mortgage Loan Amount: $142,500
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2034

About Sterling Heights



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Frequently Asked Questions

What neighborhood is 5860 Acorn Lane located in?
The 5860 Acorn Lane is a located in the neighborhood of Sterling Heights in Sterling Heights, Sterling Heights.
What is the average sales price for listings in 5860 Acorn Lane?
The average sales price for units in 5860 Acorn Lane is $0 currently.

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