49685 Lantern Way, Canton, MI 48188 Property Records

Wayne County property record for 49685 Lantern Way, Canton, MI 48188

Property Summary

Property TypeCondominium
Details2.5 ba · 1,418 sqft · built 2021
Owner2 Individual Names on Record
Last Sale$385,520 (Aug 2022)
Tax Bill$9,039 (2025)
Deeds & MortgagesJun 2026 Mortgage
Aug 2022 Sale & Mortgage
Flood ZoneZone X (minimal risk)
APN71 073 07 0158 000

Property Details

APN / Parcel Number

Primary APN71 073 07 0158 000

Interior

Full Baths2.5 Baths
Half Baths1 Half Bath
Stories2 Stories
Building Area1,418 sqft Living Area
1st Floor Area272 sqft
Basement Area272 sqft
Unfinished Basement272 sqft

Exterior

Year BuiltBuilt 2021
Effective Year BuiltEffective 2021
Architectural StyleCondo/Apartment
Garage Area430 sqft
Parking Spaces2 Parking Spaces

Utilities, Heating & Cooling

Cooling SystemHVAC
Heating SystemForced Air with A/C

Location & Zoning

Street Address49685 LANTERN WAY
CityCANTON
StateMI
Zip48188-2949
Property CategoryResidential
Property TypeResidential > Condominium / Townhouse > Condominium
Legal DescriptionUNIT 158 REPLAT #5 WAYNE COUNTY CONDO SUB PLAN NO. 1106 AKA THE TOWNS AT CHERRY HILL T2S R8E L56582 OF DEEDS P35-44 WCR 2019 PARENTS 073-99-0001-707 AND 073-99-0005-718 CHILDREN 073-07 UNITS 1-93 2021 PARENTS: 073-07 UNITS 1-93 CHILDREN: 073-07 UNITS
Legal SubdivisionTHE TOWNS AT CHERRY HILL
Legal Unit158
JurisdictionWAYNE MI
Township / Civil DivisionCANTON
Census Block Group2
Census Block2000
Census Tract564501

Owner

Source: Wayne County records, as of October 8, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record2 Individual Names on Record
Mailing Address49685 LANTERN WAY, CANTON, MI 48188-2949
OccupancyOwner Occupied
Owner TypeIndividual

Deeds, Mortgages & Sale History

DateDocument
Jun 23, 2026Deed of Trust, Mortgage · Conventional Mortgage
BEST FINANCIAL CORPORATION
Aug 1, 2022Warranty Deed, Subdivision Related Transfer · Conventional Mortgage
M/I FINANCIAL LLC

Assessor's Deed Record

Deed Names2 Names on Deed
Last SaleAug 1, 2022 · Amount on Record
Deed SaleAug 1, 2022 · Amount on Record
Deed Document Number2022252342
Deed Book / Page57778 / 416
Record UpdatedOct 29, 2026

June 2026: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionWAYNE MI
Recording DateJun 23, 2026
Property Address49685 LANTERN WAY, CANTON, MI 48188-2949
Document Number0000212484
Book / Page60363 / 55
Instrument DateJun 12, 2026
Instrument2026212484
Transaction TypeMortgage
Record UpdatedSep 24, 2026
Title CompanyNONE LISTED ON DOCUMENT

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0000212484,
DateJun 23, 2026
Book Page60363/55
Instrument2026212484
Lender
NameBEST FINANCIAL CORPORATION
Agreement
TypeConventional Mortgage
AmountAmount Recorded
Term360 Months
DueJul 1, 2056
Interest
Rate TypeFixed Rate
Initial TypeFixed Rate
Max Rate-1%

August 2022: Warranty Deed, Subdivision Related Transfer

Document TypeWarranty Deed
JurisdictionWAYNE MI
Recording DateAug 1, 2022
Property Address49685 LANTERN WAY, CANTON, MI 48188-2949
Document Number0577780416
Book / Page57778 / 416
Map ReferenceLB 55252 PG 860
Instrument DateJul 29, 2022
Instrument2022252342
Transaction TypeSubdivision Related Transfer
Record UpdatedAug 23, 2022

Transaction

AmountAmount Recorded
DownpaymentDownpayment on Record
Loan-to-Value (LTV)LTV on Record
Tax$2,895.00
Amount AccuracyFull Amount Stated
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name
Address40950 WOODWARD AVE STE 203, 40950, BLOOMFIELD HILLS, MI 48304-5127

Transferred To (Grantee/Buyer)

NameVerified Name
Address49685 LANTERN WAY, CANTON, MI 48188-2949

Mortgage

Document Number0057778418
DateAug 1, 2022
Instrument57778/418
Lender
NameM/I FINANCIAL LLC
TypeFunding / Finance Company
Agreement
TypeConventional Mortgage
AmountAmount Recorded
Term360 Months
DueAug 1, 2052

Tax Assessment & Valuation

Source: Wayne County assessment roll, as of September 15, 2026

Property Jurisdictions

TypeName
StateMichigan
CountyWayne County
County SubdivisionCanton Charter Township
Unified School DistrictPlymouth-Canton Community Schools (KG - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2026$180,300 (+3.62%)$360,600 (+3.62%)
2025$9,039.00 (+55.1%)$174,000 (+23.58%)$348,000 (+23.58%)
2023$5,828.00 Homeowner's exemption$140,800$281,600

Assessed value and assessed market value are set for property tax purposes, not market price estimates; both are a fraction of this property's market value.

Flood

Source: FEMA National Flood Hazard Layer, effective May 25, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it
Nearby Flood Policies4 in force
Nearby Flood Claims1 (2025)
Claims Outside the SFHA1 of 1
Most Recent ClaimMay 2025 · other causes

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskLow
lower than 99.1% of the US · lower than 98.4% of Michigan
Wildfire LikelihoodUnder 0.01% annual chance
ExposureNone
beyond ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water SystemCANTON TOWNSHIP
serves 99,627 people · EPA ID MI0001100
Water SourceSurface water
Last State InspectionAug 2024
LeadUnder 1 ppb (2025)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and ReportingNone
last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 328 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
AT&T
Fiber · DSL
5,000 / 5,000
Xfinity
Cable
2,000 / 250
WOW Internet, Cable & Phone
Cable
1,200 / 50
Verizon
Fixed Wireless
300 / 20
T-Mobile
Fixed Wireless
100 / 20

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