Sold
7391 PARK TERRACE Lane, Shelby Twp, MI 48317
Sold on 05/19/2025 for$610,000
MLS # 20250017551 (Realcomp)
4 beds3 baths2,865 sqftBuilt 20170.34 acres
1 / 65
Listing Description
Welcome to the highly sought after Prestigious Park Terrace Subdivision! Great New Price!! This Newer Construction Home offers a Gorgeous architectural style on a large sized lot! Modern large Kitchen with Granite counter tops and Stainless Steel appliances Included, Dining nook area with a door-wall leading to an expansive 2 tiered freshly stained wood deck, 1st Floor Laundry room, Large Great Room with a gas fireplace, Open Floor Plan, First floor Office/Study, Mudd room off of the 3 Car garage, All 4 bedrooms have walk in closets, Large Master bedroom suite, Walk Out Basement with high ceiling, Includes: Huge backyard with Large Swim Spa off the back deck that may be included! (Your Family will love this!) This house is Perfect for Entertaining inside and out! Conveniently Located near M-59 and M-53 freeways for Easy Commuting, Walking distance from Award Winning Utica Schools, Downtown Utica Social District, Jimmy Johns Ball Park, Subdivision is a country like setting w/ Clinton River bike/walking trails and Many Parks! Don't be shy, make an appointment to see and Make your Offer!
Source: SparkMLS
About this home
This 4-bedroom, 3-bath, 2,865 sq ft home built in 2017 sits in Shelby Township in Shelby Twp.
Closed at $610,000 (about $213/sq ft).
Annual property taxes run approximately $4,160 ($347/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by DTE Electric Company; natural gas by Consumers Energy Company. Broadband is available with download speeds up to 2,000 Mbps from 9 providers.
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Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms4
Bathrooms3
Living Area2,865 sqft
Lot Size0.34 acres
Year Built2017
Stories2
Location
CityShelby Twp
MunicipalityShelby Twp
Zip Code48317
CountyMacomb
School DistrictUtica
Construction & Systems
ConstructionBrick
BasementWalk-Out Access
Garage3 spaces
HeatingForced Air
InteriorHot Tub Spa
Sale & Financing
Listed3/17/2025
Sold Date5/18/2025
Original Price$639,900
Terms AcceptedCash, Conventional, FHA, VA Loan
HOA
HOA Fee$500 / Annually
Source: SparkMLS
Tax Information
Annual Tax$4,160
State Equalized Value$283,700
Taxable Value$235,538
Parcel #07-33-253-004
Source: Public Records
Legal Description
PARK TERRACE; MCCP NO. 1129; UNIT 4
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Danielle Guitar
Community Choice Realty Inc
Frequently Asked Questions about 7391 PARK TERRACE Lane, Shelby Twp, MI 48317
Which school district serves 7391 PARK TERRACE Lane, Shelby Twp, MI 48317?
Per MLS# 20250017551, 7391 PARK TERRACE Lane, Shelby Twp, MI 48317 is in the Utica boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Utica directly to confirm enrollment eligibility.
What type of financing is accepted for this listing?
Per MLS# 20250017551, this listing accepts Cash, Conventional, FHA, VA Loan financing. FHA financing can offer lower down payment requirements for qualified buyers. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 7391 PARK TERRACE Lane, Shelby Twp, MI 48317?
Per public tax records, annual property taxes for this property are $4,160. Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 7391 PARK TERRACE Lane, Shelby Twp, MI 48317 is not in an eligible area. USDA eligibility is based on property location — properties within designated urban zones are excluded. Other low-down-payment options (FHA, VA) may still be available.
Is 7391 PARK TERRACE Lane, Shelby Twp, MI 48317 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
What internet service is available at this address?
Per FCC Broadband Data Collection filings, fiber internet is not currently available at 7391 PARK TERRACE Lane, Shelby Twp, MI 48317. The maximum advertised download speed is 2.0 Gbps. 9 internet providers serve this address. Confirm availability and speeds directly with providers.
What utilities serve 7391 PARK TERRACE Lane, Shelby Twp, MI 48317?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: Consumers Energy Company. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the source. Macomb County is served by CLEMIS (Courts and Law Enforcement Management Information System), which provides public safety data for Southeast Michigan law enforcement agencies.
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Mortgage Calculator
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Monthly payment$4,095
Principal & interest$4,053
HOA$42
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Internet
Download
2 Gbps
Upload
250 Mbps
CableLicensed Fixed WirelessGSO SatelliteSatelliteDSL
9 providers at this address
FCC Broadband Data Collection (Dec 2025). Max advertised speeds.
Utilities
DTE Electric Company
Investor-Owned
Consumers Energy Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
7391 PARK TERRACE Lane, Shelby Twp, MI 48317
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Municipality
Shelby Township
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County
Macomb County
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