Off Market5823d on market
2855 Welch Rd
Commerce Township, MI, 48390 • 48390 • Oakland County
$369,700
$125/sqft
5Beds
2Baths
2,950Sqft
0 acLot
1959Built
Property DNA
Colonial Style
Built 1959 · 67 years of history
Market activity
Demand and pricing signals for this listing
5823 days on market
Established listing
$125/sqft
Price per square foot
About this home
Single Family · Built 1959
This home is a Real Estate Owned (REO)/Post Foreclosure. Once a lender has foreclosed on a property it is soon put up for public auction. If bids fall short of the asking price the bank will buy back the home and attempt to sell it on the open market. However, lenders are not real estate agents, meaning that they will often accept offers significantly below market value!
Estimated monthly payment
Based on current rates
$2,319/month
Principal & Interest$1,826
Property Tax$370
Insurance$123
Down payment20% ($73,940)
3%50%
Est. 6.28% rate · 30yr fixed · $295,760 loan
Full calculator →At a glance
Key facts and listing details
TypeSingleFamily
Year Built1959
HeatingForced air
Parking2 Parking spaces
Lot132 sqft
Property
Home typeSingle Family
StyleColonial
Year built1959
Systems
HeatingForced air
RoofAsphalt
ConstructionWood
Parking & Outdoor
ParkingGarage - Attached
BasementPartially finished
Lot132 sqft
Location & Tax
Neighborhood48390
Annual tax$2,750
Parcel1723200010
Features & details
4 categories of property features
Interior Features
Heating
Forced air
Exterior Features
Exterior
Other
Parking
Garage - Attached
Construction
Wood
Listing insights
Market data and value estimates
StatusOff Market
Days on market5823
Est. value$369,700
Est. rent$2,925/mo
Tax rate1.34%
Price/sqft$125
Last sold$110,000
Tour days6
How are the schools in Commerce Township?
3 schools rated nearby
Location
Commerce Township, MI, 48390
Price history
4 events
DateEventPrice$/sqftSource
Apr 28, 2010Sold$110,000$37Public Record
Jun 9, 2009Sold$163,340$55Public Record
Jan 30, 2008Listing Removed$245,000$83Listhub
Dec 1, 2007Listed For Sale$245,000$83Listhub
Sold$110,000
Apr 28, 2010•$37/sqft•Public Record
Sold$163,340
Jun 9, 2009•$55/sqft•Public Record
Listing Removed$245,000
Jan 30, 2008•$83/sqft•Listhub
Listed For Sale$245,000
Dec 1, 2007•$83/sqft•Listhub
Tax history
19 years of records
YearTax paidAssessed value
Apr 8, 2024$2,750$165,880
Apr 8, 2023$2,620$157,000
Apr 8, 2022$2,571$145,550
Apr 8, 2021$2,529$134,470
Apr 8, 2020—$132,170
Apr 8, 2019$2,438$126,510
Apr 8, 2018$2,395$112,620
Apr 8, 2017—$112,620
Apr 8, 2016—$109,740
Apr 8, 2015—$102,860
Apr 8, 2014—$81,640
Apr 8, 2011—$72,370
Apr 8, 2010$2,438$78,370
Apr 8, 2009$3,988$89,570
Apr 8, 2005$1,514$189,480
Apr 8, 2003—$110,690
Apr 8, 2002—$108,650
Apr 8, 2001$2,056$71,820
Apr 8, 2000$1,893$69,600
Nearby homes
Neighborhood details
Local context around this listing
Commerce Township, MI • Oakland County
Nearby cities
Bloomfield HillsFarmington HillsNoviPontiacRochester HillsRoyal OakSouthfieldTroy
Nearby zip codes
4838248390
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