NOT LISTED FOR SALE

1053 Putney St Birmingham, MI 48009

Estimated Value: $186,000 - $242,000

17 Beds
9 Baths
928 Sq Ft
$227/Sq Ft Est. Value

Last Sold July 12, 2023

Last sale price $2,025,000 $2,182 Per Sq Ft

Current estimated payment $1,492/month

112 Days on Market

Highlights

  • 1 Acre Lot
  • Forced Air Heating System
  • Dogs and Cats Allowed
  • Harlan Elementary School Rated A

About This Home

As of July 2023

Remarkable 9 unit townhome building. 8 Attached two bed 1 bath townhomes. 1 stand alone one bed room unit. New roof and parking lot. Don't miss out on this great opportunity. Batvai

Last Agent to Sell the Property

Benny Margolis

KW Domain License #6501384651 Listed on: 12/21/2022

KW Domain

Last Buyer's Agent

Benny Margolis

KW Domain License #6501384651 Listed on: 12/21/2022

KW Domain

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,994

Year Built

  • Built in 1968 | Remodeled in 2019

Lot Details

  • 1 Acre Lot
  • Lot Dimensions are 250 x 50 x 250 x 50

Home Design

  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 9 Full Bathrooms
  • 928 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 081925277013

Community Details

Overview

  • 9 Units
  • Putney Mews Condo Occpn 1855 Subdivision

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,994

Year Built

Built in 1968 | Remodeled in 2019

Lot Details

1 Acres

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Townhouse
  • Architecture Level: 2 Story
  • Year Built: 1968
  • State Equalized Value: 77960.0000
  • Year Renovated: 2019
  • Pets Allowed: Cats OK | Dogs OK
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 9.00
  • Full Bathrooms: 9
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 928

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block
  • Road Frontage Type: Paved

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Sewer at Street
  • Water Source: Water at Street
  • Laundry Facilities: No

Fee Information

  • Operating Expense: 74200.00

Lot Info

  • Lot Size Area: 1.00
  • Lot Dimensions: 250 x 50 x 250 x 50
  • Parcel Number: 081925277013
  • Zoning: Multi-Family

Rental Info

  • Monthly Rental Income: 15888

Tax Info

  • Tax Amount Summer: 2994.0000
  • Total Tax: 2994.0000
  • Taxable Value: 77960.0000

Multi Family

  • Gross Scheduled Income: 190600.00
  • Number Of Units Total: 9

MLS Schools

  • School District: Birmingham

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 21, 2022
Closed on
Jul 12, 2023
Sold by
Bmw Family Holdings Llc
Bought by
Innonation Apartment Holdings Llc
Seller's Agent
Benny Margolis
KW Domain
Buyer's Agent
Benny Margolis
Max Broock Realtors
List Price
$2,450,000
Sold Price
$2,025,000
Premium/Discount to List
-$425,000
-17.35%
Views
608
Current Estimated Value
$210,379

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,814,621
Avg. Annual Appreciation
-57.18%

Purchase Details

Closed on
Nov 14, 2018
Sold by
Putney Mews Llc
Bought by
Bmw Family Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
4.9%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Aug 28, 2012
Sold by
Parsons Scott and Parsons Anita B
Bought by
Putney Mews Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Innonation Apartment Holdings Llc -- First American Title
Bmw Family Holdings Llc $1,495,135 American Title Company Of Wa
Putney Mews Llc $705,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bmw Family Holdings Llc $900,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/12/2023 07/12/23 Sold $2,025,000 -17.3% $2,182 / Sq Ft
04/12/2023 04/12/23 Pending -- -- --
12/21/2022 12/21/22 For Sale $2,450,000 -- $2,640 / Sq Ft
Source: Realcomp

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,905 $100,920 $0 $0
2024 $3,853 $94,780 $0 $0
2023 $3,141 $85,090 $0 $0
2022 $3,786 $77,960 $0 $0
2021 $3,691 $77,080 $0 $0
2020 $2,927 $75,720 $0 $0
2019 $3,626 $68,800 $0 $0
2018 $2,587 $66,870 $0 $0
2017 $2,551 $65,230 $0 $0
2016 $2,540 $63,400 $0 $0
2015 -- $58,130 $0 $0
2014 -- $50,990 $0 $0
2011 -- $53,280 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 20221069844

Realcomp

APN: 19-25-277-013

Your Personal Tour Guide

Ask me questions while you tour the home.