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7542 Cherrywood Drive

7542 Cherrywood Drive, Westland, MI 48185
Property in Westland
Sold Oct 24, 2017
$275,000
$220,000 by Gold Star Mortgage Financial G
Mortgage Due Nov 01, 2047
Sold Oct 01, 1999
$229,000
Local assessors in Westland, MI have categorized 7542 Cherrywood Drive as a residential type of property. The home was built in 1998 and is 26 years old. The property's lot size has been calculated to be 9,583 square feet. The linear feet between the front and back of the lot was measured at 1,344 ft and the front of the lot was measured at 714 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 12 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 7542 Cherrywood Drive has a total of 2,555 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 garage for those who need a place to park their vehicle. The garage on the property is 434 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. 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 - B-. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Oct 16, 2017 for $275,000. That's $107.63 per sqft. Prior to that sales transaction, the property was also sold in May 27, 1999 for $229,000. 7542 Cherrywood Drive was last assessed in 2023. The total value of the property was assessed at $204,600. 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 $6,401. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. 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: 1998
  • Effective Year Built: 1998
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Quality: B-
  • Building Style: Ranch/Rambler
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 1,407
  • Garage Type: Garage
  • Garage Square Area: 434
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 9,583
  • Lot Size Depth Feet: 1,344
  • Lot Size Frontage Feet: 714
  • Total Building Area: 2,555
  • Building Area: 2,555
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,555
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: OAKWEST ESTATES SUB
  • Land Acres: 0.22
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 109 OAKWEST ESTATES SUB NO. 3 T2S R9E L111 P74-78 WCR

Ownership

  • Current Owner : BOWMAN CHRISTOPHER
  • Previous Owner : LUKE ROBERT B
  • Previous Owner 2: LUKE ELIZABETH A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Livonia Public Schools
  • School Tax School District: LIVONIA
  • Census Tract: 565200

Geography

  • District: 56
  • Section: 07
  • Parcel: 56 024 07 0109 000
  • Lot: 109
  • Municipality: WESTLAND CITY
  • Latitude: 42.3407
  • Longitude: -83.4152

    Address

  • Full Address: 7542 Cherrywood Dr
  • Address - House Number: 7542
  • Address - Street Name: Cherrywood
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Westland
  • Carrier Code: C079
  • 4-Digit Zip Code: 7120
  • Zip Code: 48185

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,401
  • Tax Rate Code Area: 82095

    Appraisal Valuation

  • Standard Deviation: 0.4565
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 8
  • Final Value: 447,595
  • High Value: 651,938
  • Low Value: 243,251

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $220,000
  • First Open Lien Mortgage Lender: GOLD STAR MORTGAGE FINANCIAL G
  • First Open Lien Mortgage Recording Date: Oct 24, 2017
  • First Open Lien Mortgage Loan Amount: $220,000
  • 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, 2047

    Market Valuation

  • Market Total Value: $409,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $204,600

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 16, 2017
  • Current Sale Recording Date: Oct 24, 2017
  • Current Sale Transaction ID: 11303508247
  • Current Sale Price: $275,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2017340236
  • Previous Sale Recording Date: Oct 01, 1999
  • Previous Sale Contract Date: May 27, 1999
  • Previous Sale Amount: $229,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: GOLD STAR MORTGAGE FINANCIAL G
  • First Mortgage Transaction Date: Oct 24, 2017
  • First Mortgage Loan Amount: $220,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2047

About Westland



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Frequently Asked Questions

What neighborhood is 7542 Cherrywood Drive located in?
The 7542 Cherrywood Drive is a located in the neighborhood of Westland in Westland, Westland.
What is the average sales price for listings in 7542 Cherrywood Drive?
The average sales price for units in 7542 Cherrywood Drive is $0 currently.

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