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8727 Inverness Drive

8727 Inverness Drive, Washington, MI 48095
Property in Washington
Sold Aug 18, 2016
$390,000
$277,000 by Mortgage 1 Inc
Mortgage Due Oct 01, 2040
Sold Oct 29, 2001
$90,000
8727 Inverness Drive has been categorized by the local assessors in Washington, MI as a residential type of property. The building on the property was first built in 2001 and is 23 years old. The home has a total of 4 bedrooms. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 8727 Inverness Drive has 2,878 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,529 ft and across the front of the lot is 1,116 ft. The area measurement of the land has been determined as 22,216 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a condo 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 792 sqft. According to our sources, there are a total of 3 available parking spaces. 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 exterior walls of the building are made of brick. 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. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. 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, 8727 Inverness Drive sold most recently in Jul 14, 2016 for a total of $390,000. If you work out the math, that's approximately a cost of $135.51 per sqft. Before that, the property was also sold for $90,000 in Aug 17, 2001. 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 $4,854 in taxes each year. 8727 Inverness Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $270,400. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 2001
  • Effective Year Built: 2001
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Quality: B
  • Building Style: Condo
  • Exterior Walls Type: Brick
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 2,152
  • Garage Type: Garage
  • Garage Square Area: 792
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 22,216
  • Lot Size Depth Feet: 1,529
  • Lot Size Frontage Feet: 1,116
  • Total Building Area: 2,878
  • Building Area: 2,878
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,878
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: RAVINES
  • Land Acres: 0.51
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: THE RAVINES AT THE ORCHARDS M.C.C.P. 619 L. 8969 P. 1-61 UNIT 59

Ownership

  • Current Owner : PALMER JEREMY P
  • Previous Owner : BARKER DAVID P
  • Previous Owner 2: BARKER DIANE E
  • Owner Before Previous Owner: WESTCREEK ESTATES INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Romeo Community Schools
  • School Tax School District: ROMEO
  • Census Tract: 215000

Zoning

  • Zoning: R1B

Geography

  • District: 24
  • Parcel: 24-04-15-326-059
  • Municipality: WASHINGTON TWP
  • Latitude: 42.761
  • Longitude: -83.0303

    Address

  • Full Address: 8727 Inverness Dr
  • Legal Unit: 59
  • Address - House Number: 8727
  • Address - Street Name: Inverness
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Washington
  • Carrier Code: R011
  • 4-Digit Zip Code: 2838
  • Zip Code: 48095

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,854

    Appraisal Valuation

  • Standard Deviation: 0.1632
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 79
  • Final Value: 605,355
  • High Value: 704,158
  • Low Value: 506,552

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $449,520
  • First Open Lien Mortgage Lender: MORTGAGE 1 INC
  • First Open Lien Mortgage Recording Date: Sep 23, 2020
  • First Open Lien Mortgage Loan Amount: $277,000
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2040
  • Second Open Lien Mortgage Lender: COMMUNITY FINANCIAL CU
  • Second Open Lien Mortgage Recording Date: Nov 22, 2021
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $172,520
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $540,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $270,400

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 14, 2016
  • Current Sale Recording Date: Aug 18, 2016
  • Current Sale Transaction ID: 1747174548
  • Current Sale Price: $390,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 6097905
  • Previous Sale Recording Date: Oct 29, 2001
  • Previous Sale Contract Date: Aug 17, 2001
  • Previous Sale Amount: $90,000
  • Previous Sale Document Type: Deed

About Macomb



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Frequently Asked Questions

What neighborhood is 8727 Inverness Drive located in?
The 8727 Inverness Drive is a located in the neighborhood of Washington in Macomb, Washington.
What is the average sales price for listings in 8727 Inverness Drive?
The average sales price for units in 8727 Inverness Drive is $0 currently.

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