NOT LISTED FOR SALE

The Willits 111 Willits St Unit 501 Birmingham, MI 48009

Estimated Value: $1,898,239 - $2,710,000

2 Beds
3.5 Baths
3,553 Sq Ft
$1,985/mo HOA Fee

Last Sold January 31, 2018

Last sale price $2,250,000 $633 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $16,594/month

111 Days on Market

Highlights

  • Jetted Tub in Primary Bathroom
  • Terrace
  • Bar Fridge
  • Pierce Elementary School Rated A
  • 3 Car Direct Access Garage
  • 4-minute walk to Shain Park

About This Home

As of January 2018

SOPHISTICATED WILLITS PENTHOUSE IN THE HEART OF DOWNTOWN BIRMINGHAM. STEPS AWAY FROM BIRMINGHAM'S FINEST DINING & SHOPPING. 24-HOUR DOORMAN & CONCIERGE SERVICES. MAGNIFICENT 2-STORY, FIFTH FLOOR PENTHOUSE. IN-UNIT ELEVATOR. ONE OF THE LARGEST CORNER UNITS, OVER 3,500 SQFT. SPECTACULAR SOUTHERN & WESTERN SUNSET VIEWS OVERLOOKING THE CITY. ENTERTAIN ON TWO TERRACES, THE LARGEST OUTDOOR SPACE OF ANY UNIT IN THE BUILDING. DRAMATIC 2-STORY FOYER & LIVING ROOM, GAS FIREPLACE. PLANTATION SHUTTERS & RECESSED LIGHTS THROUGHOUT. GRANITE WET BAR, WINE COOLER. PRIVATE LIBRARY WITH FRENCH DOORS. GOURMET GRANITE KITCHEN, ISLAND, WALK-IN PANTRY, MIELE GAS COOKTOP, GE MONOGRAM STAINLESS STEEL APPLIANCES. TWO WALK-INS, PLUS TWO MORE CLOSETS IN THE MASTER. LARGE MASTER BATH, SOAKING TUB, OVERSIZED SHOWER. LUXURIOUS SECOND SUITE, LOFT AREA & FULL BATH COULD EASILY BE CONVERTED INTO A PRIVATE THIRD SUITE. SOLID WOOD DOORS. HEATED GARAGE, THREE PARKING SPOTS, PRIVATE STORAGE, STATE OF THE ART EXERCISE RM.

Last Agent to Sell the Property

Jeffrey Barker

Max Broock, REALTORS®-Birmingham License #6501205381 Listed on: 09/26/2017

Max Broock, REALTORS®-Birmingham

Co-Listed By

Matthew Barker

Max Broock, REALTORS®-Birmingham License #6501359589

Last Buyer's Agent

Dan Dubensky

Skyward Real Estate License #RCO-6501270356

Property Details

Home Type

  • Condominium

Est. Annual Taxes

Year Built

  • Built in 2001

HOA Fees

  • $1,985 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Poured Concrete
  • Metal Roof
  • Stone Siding

Interior Spaces

  • 3,553 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Sound System
  • Bar Fridge
  • Ceiling Fan
  • Gas Fireplace
  • Living Room with Fireplace

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Jetted Tub in Primary Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 3 Car Direct Access Garage
  • Heated Garage
  • Garage Door Opener

Outdoor Features

  • Terrace

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • Programmable Thermostat
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 1925378088

Community Details

Overview

  • High-Rise Condominium
  • The Willits Occpn 1292 Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$18,815

Year Built

Built in 2001

Lot Details

0

HOA Fees

$1,985 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: High Rise
  • Architecture Level: 2 Story
  • Year Built: 2001
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, Elevator/Lift, High Spd Internet Avail, Humidifier, Intercom, Jetted Tub, Programmable Thermostat, Sound System, Wet Bar
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Living Room
  • Room Count: 13
  • Total Bedrooms: 2
  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Kitchen Appliances: Bar Fridge, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Range/Stove, Washer
  • Sq Ft Combined: 3553
  • Total Sq Ft: 3553

Exterior Features

  • Roof Material: Metal
  • Foundation Details: Slab
  • Construction Materials: Stone
  • Exclusions: Yes
  • Foundation Materials: Poured
  • Porch Type: Terrace
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • Garage Size: 3 Car
  • Garage Features: Attached, Direct Access, Door Opener, Electricity, Heated
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association Fee: 1985
  • Association Fee: Yes

Schools

  • School District: Birmingham

Lot Info

  • Homestead: Yes
  • Parcel Number: 1925378088

Tax Info

  • Tax Amount Summer: 16259.0000
  • Tax Amount Winter: 2556.0000
  • Total Tax: 18815.0000

MLS Schools

  • School District: Birmingham

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2017
Closed on
Jan 31, 2018
Sold by
Mcdermott Richard P
Bought by
Dubensky David A and Dubensky Barbara
Seller's Agent
Jeffrey Barker
Max Broock, REALTORS®-Birmingham
Buyer's Agent
Dan Dubensky
Skyward Real Estate
List Price
$2,495,000
Sold Price
$2,250,000
Premium/Discount to List
-$245,000
-9.82%
Current Estimated Value
$2,288,746

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,746
Avg. Annual Appreciation
0.22%

Purchase Details

Closed on
Aug 17, 2006
Sold by
Willits Residential Llc
Bought by
Mcdermott Richard P and Richard P Mcdermott Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
6.37%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
Dubensky David A -- Chieco Title Ageelt Inc
Mcdermott Richard P -- Metropolitan Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcdermott Richard P $1,500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2018 01/31/18 Sold $2,250,000 -9.8% $633 / Sq Ft
01/15/2018 01/15/18 Pending -- -- --
09/26/2017 09/26/17 For Sale $2,495,000 -- $702 / Sq Ft
Source: Realcomp

Tax History Compared to Growth

Source: Public Records

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
2024 $31,268 $1,045,230 $0 $0
2023 $29,963 $938,710 $0 $0
2022 $32,126 $943,530 $0 $0
2021 $32,409 $934,610 $0 $0
2020 $28,876 $850,180 $0 $0
2019 $32,677 $780,140 $0 $0
2018 $18,813 $710,850 $0 $0
2017 $18,781 $693,080 $0 $0
2016 $18,816 $666,860 $0 $0
2015 -- $586,530 $0 $0
2014 -- $500,860 $0 $0
2011 -- $404,410 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 217087157

Realcomp

APN: 19-25-378-088