Check Availability

4523 Cherokee Way

4523 Cherokee Way, Okemos, MI 48864
Property in Meridian
Sold Jul 26, 2021
$259,000
$202,400 by Michigan State University Fcu
Mortgage Due Aug 01, 2051
Sold Jan 28, 2003
$164,000
$131,200 by Pacesetter Mortgage Co Inc
Mortgage Due Dec 01, 2032
4523 Cherokee Way in Okemos, MI was first built in 1948 and is 76 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 9 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 4523 Cherokee Way has 1,396 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 1,000 ft and the linear feet between the front and back of the lot is 2,200. In total, the area measurement of the land is 21,998 square feet.

Learn more about the property and building on this page. There is a porch. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. The home has a hip style roof made of asphalt. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a garage. The garage is 602 sqft. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of alum/vinyl siding. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a forced air unit and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 4523 Cherokee Way sold most recently in Jul 26, 2021 for a total of $259,000. If you work out the math, that's approximately a cost of $185.53 per sqft. Before that, the property was also sold for $164,000 in Nov 1, 2002. 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 $3,746 in taxes each year. 4523 Cherokee Way was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $110,500. If we break it down further, the land itself was valued at $30,000. Improvements to the property, however, were assessed at a total of $80,500. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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: 1948
  • Effective Year Built: 1948
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 848
  • Garage Type: Garage
  • Garage Square Area: 602
  • Parking Space Count: 0
  • Porch Type: Porch
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 21,998
  • Lot Size Depth Feet: 2,200
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,396
  • Gross Building Area: 1,396
  • Building Area: 1,396
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,396
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: INDIAN HILLS
  • Land Acres: 0.505
  • Standard Land Use Code: Single family residential
  • Legal Description 1: MP 1643 LOT 184 INDIAN HILLS ESTATES PLAT NO. 2.

Ownership

  • Current Owner : EVANS HEATHER
  • Current Owner 2: EVANS NICHOLAS
  • Previous Owner : MARY L SCHNEIDER REVOCABLE LIVING TRUST
  • Owner Before Previous Owner: WESHINSKEY KRIS
  • Owner Before Previous Owner 2: WESHINSKEY TSUYA J
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Okemos Public Schools
  • School Tax School District: 33170
  • Census Tract: 004902

Zoning

  • Zoning: RAA

Geography

  • District: 02-02
  • Parcel: 33-02-02-21-353-009
  • Lot: 184
  • Municipality: MERIDIAN TWP
  • Latitude: 42.7125
  • Longitude: -84.4374

    Address

  • Full Address: 4523 Cherokee Way
  • Legal Unit: 184
  • Address - House Number: 4523
  • Address - Street Name: Cherokee
  • Address - Suffix Type: Way
  • State: MI
  • City Name: Okemos
  • Carrier Code: C005
  • 4-Digit Zip Code: 2005
  • Zip Code: 48864

Valuation

    Tax

  • Tax Year: 2021
  • Tax Amount: $3,746

    Appraisal Valuation

  • Standard Deviation: 0.2005
  • Valuation Date: Sep 07, 2022
  • Confidence Score: 73
  • Final Value: 279,193
  • High Value: 335,181
  • Low Value: 223,205

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $202,400
  • First Open Lien Mortgage Lender: MICHIGAN STATE UNIVERSITY FCU
  • First Open Lien Mortgage Recording Date: Jul 26, 2021
  • First Open Lien Mortgage Loan Amount: $202,400
  • 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: Aug 01, 2051

    Market Valuation

  • Market Total Value: $221,000
  • Market Land Value: $60,000
  • Market Improvement Value: $161,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $110,500
  • Assessed Land Value: $30,000
  • Assessed Improvements Value: $80,500

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 26, 2021
  • Current Sale Recording Date: Jul 26, 2021
  • Current Sale Transaction ID: 11850301691
  • Current Sale Price: $259,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021-032730
  • Previous Sale Recording Date: Jan 28, 2003
  • Previous Sale Contract Date: Nov 01, 2002
  • Previous Sale Amount: $164,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MICHIGAN STATE UNIVERSITY FCU
  • First Mortgage Transaction Date: Jul 26, 2021
  • First Mortgage Loan Amount: $202,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: PACESETTER MORTGAGE CO INC
  • Previous Mortgage Transaction Date: Jan 28, 2003
  • Previous Mortgage Loan Amount: $131,200
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Dec 01, 2032

About Okemos



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 4394 Okemos Rd, Okemos, MI, 48864

$1,400 /mo

  • 3 Beds
  • 2 Baths
  • 1,240 ft²
4394 Okemos Rd #Cedar Villa - 3 Bedrooms + 2 Bathrooms, Okemos, MI, 48864 Listing by Cedar Creek Apartments
Unit for rent at 1410 Old Canton Lane, East Lansing, MI, 48823

$1,200 /mo

  • 2 Beds
  • 1 Bath
1410 Old Canton Lane #1410 Old Canton Lane, East Lansing, MI, 48823 Listing by Manager

Frequently Asked Questions

What neighborhood is 4523 Cherokee Way located in?
The 4523 Cherokee Way is a located in the neighborhood of Meridian in Okemos, Okemos.
What is the average sales price for listings in 4523 Cherokee Way?
The average sales price for units in 4523 Cherokee Way is $0 currently.

Quantcast