LEE COUNTY PROPERTY APPRAISER GENERATED ON 7/16/2025 3:39 PM Current Working Values
SITE ADDRESS
15025 LIGUSTRUM LN
OWNER'S NAME
DERDERIAN MICHAEL A +
OWNER'S ADDRESS
2698 BALSAM WAY DR
STERLING HEIGHTS MI 48314
PROPERTY DESCRIPTION
CASCADES AT RIVER HALL PHASE 1B AS DESC IN INST# 2015000248528 LOT 39
DOR CODE 01 - SINGLE FAMILY RESIDENTIAL
NBHD CODE
18-123.3
CASCADES AT RIVER HALL
BUILDING CHARACTERISTICS
ELEMENT CODE TYPE / DESCRIPTION / VALUE
STORIES 1.0
BEDROOMS 2
BATHROOMS 2.0
EXTERIOR WALL 17 CB STUCCO
EXTERIOR WALL 0 NONE
ROOF STRUCTURE 17 HIP AND GABLE
ROOF COVER 7 CONCRETE TILE
INTERIOR WALL 5 DRYWALL
INTERIOR WALL 0 NONE
INTERIOR FLOOR 11 CERAMIC CLAY TILE
INTERIOR FLOOR 14 CARPET
HEATING FUEL 4 ELECTRIC
HEATING TYPE 4 FORCED AIR-DUCTED
AC TYPE 3 CENTRAL
QUALITY 3.0000 AVERAGE
CEILING HEIGHT CLGHT CEILING HEIGHT 8-10'
BUILDING SUBAREA DETAIL
AREA TYPE YEAR BUILT GROSS AREA PCT BASE ADJ AREA CAP COST
1 STORY SCREEN ENCL 2022 145 13 19   2,525
BASE 2022 1,544 100 1,544   205,224
FINISHED GARAGE 2022 386 40 154   20,469
FINISHED OPEN PORCH 2022 176 20 35   4,652
   
   
   
   
   
   
   
   
   
   
   
   
TOTALS 2,251 1,752 232,871
          E X T R A    F E A T U R E S
LINE CODE DESCRIPTION LENGTH WIDTH UNITS UNIT PRICE PCT COND L/B YEAR AMN DEPR DEPR ADJ CAP FLAG COST
1 IRRGTN IRRIGATION SYSTEM LAWN 0.00 0.00 1.00 0.00 1.00 L 2022 5.00 0.90 - *
2 PATIO B PATIO - BRICK AND TILE 0.00 0.00 145.00 12.78 1.00 B 2022 1.00 0.98 - 1,816
 
 
 
 
 
 
 
 
 
TOTAL OF EXTRA FEATURE VALUES 1,816
                  L A N D
LINE CODE DESCRIPTION ZONING FRONT DEPTH DF CF TYPE UNIT PRICE UNITS UT TOTAL ADJ CAP EVAL NOTES
1 100 SFR RPD 0 0 1.00 1.00 3 102,193.16 1.00 LT 1.00 - AVM
 
 
 
 
 
 
 
 
 
TOTAL OF LAND LINE VALUES 68,638
FOLIO ID: 10572575 STRAP: 27-43-26-L1-06000.0390
CARD 1 of 1
STRUCT
INDEX 		BASE
RATE 		EFF
BASE RATE 		EFF
AREA 		RCN REMAINING
WORTH 		COST
VALUE
0.99 137.00 135.63 1,752 237,624 98% 232,871
IMP TYPE 102 - Ranch MODEL 1 - SINGLE FAMILY RESIDENTIAL
FLOOR 1
Floor plan
BOOK/PAGE OR
INSTRUMENT 		DATE TYPE
INST 		OVR
CODE 		V
I 		SALE
PRICE
2022000063353 2/23/2022 01 01 I 245,575
2021000151419 5/6/2021 05 05 V 388,766
2010000088563 4/8/2010 12 03 V 4,950,000
2009000224701 8/7/2009 11 11 V 53,643
4326/1883 6/2/2004 05 05 V 12,540,000
4077/4790 9/30/2003 04 04 V 29,974,100
3327/4816 11/8/2000 02 02 V 5,800,000
VALUE SUMMARY Current Values 2024
BUILDING COST VALUE 232,871 218,250
BUILDING EXTRA FEATURES 1,816 1,816
LAND EXTRA FEATURES * *
LAND VALUE 68,638 68,638
COST APPROACH VALUE 303,325 288,704
INCOME APPROACH VALUE * *
SALES APPROACH VALUE 305,159 304,210
MARKET VALUE 305,159 304,210
LEE COUNTY PROPERTY APPRAISER GENERATED ON 7/16/2025 3:39 PM Current Working Values
SITE ADDRESS
15025 LIGUSTRUM LN
OWNER'S NAME
DERDERIAN MICHAEL A +
OWNER'S ADDRESS
2698 BALSAM WAY DR
STERLING HEIGHTS MI 48314
PROPERTY DESCRIPTION
CASCADES AT RIVER HALL PHASE 1B AS DESC IN INST# 2015000248528 LOT 39
DOR CODE 01 - SINGLE FAMILY RESIDENTIAL
NBHD CODE
18-123.3
CASCADES AT RIVER HALL
BUILDING CHARACTERISTICS
ELEMENT CODE TYPE / DESCRIPTION / VALUE
CONDITION COND CONDITION AVERAGE
ELEVATION ELEV ELEVATION < 1'
FOUNDATION FNDTN FOUNDATION SLAB ON GRADE
FLOOR PLAN FLRPLN FLOOR PLAN TRADITIONAL
DRIVEWAY DRIVE DRIVEWAY BRICK/TILE/BOM
LANDSCAPING LANDSC LANDSCAPING TYPICAL OF NBHD
TOPOGRAPHY TOPOG TOPOGRAPHY STREET GRADE
EXTRA SINK XSI 1.00
HURRICANE SHUTTERS HSHUTT SHUTTERS PANEL & MANUAL
LIVING UNITS LVGU 1.00
UNITS IN BUILDING UNITS 1.00
 
 
 
 
 
BUILDING SUBAREA DETAIL
AREA TYPE YEAR BUILT GROSS AREA PCT BASE ADJ AREA CAP COST
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
          E X T R A    F E A T U R E S
LINE CODE DESCRIPTION LENGTH WIDTH UNITS UNIT PRICE PCT COND L/B YEAR AMN DEPR DEPR ADJ CAP FLAG COST
 
 
 
 
 
 
 
 
 
 
 
                  L A N D
LINE CODE DESCRIPTION ZONING FRONT DEPTH DF CF TYPE UNIT PRICE UNITS UT TOTAL ADJ CAP EVAL NOTES
FOLIO ID: 10572575 STRAP: 27-43-26-L1-06000.0390
CARD 1 of 1 (Continued)
STRUCT
INDEX 		BASE
RATE 		EFF
BASE RATE 		EFF
AREA 		RCN REMAINING
WORTH 		COST
VALUE
BOOK/PAGE OR
INSTRUMENT 		DATE TYPE
INST 		OVR
CODE 		V
I 		SALE
PRICE
VALUE SUMMARY Current Values 2024