NOT LISTED FOR SALE

1151 Chapin Ave Birmingham, MI 48009

Estimated Value: $344,000 - $468,000

0.11 Acre
$3,699,573 Price per Acre
4,792 Sq Ft Lot

Last Sold August 19, 2020

Last sale price $260,000 $262 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $2,549/month

221 Days on Market

About This Lot

As of August 2020

Vacant Lot next store is also available. See MLS # 2200007944. Excellent building sites that are close to downtown and Woodward! The existing home is likely a teardown and the seller is selling as-is with no repairs. Both lots represent excellent building sites that a builder can certainly take advantage of as they are side by side! Important to note: in 2019 the city did a rebuild/reconstruction of the street, replacing the water and sewer lines. And, it extends to the sidewalk. This alone represents a savings of up to $30K to the new owner if both lots are purchased together!

Last Agent to Sell the Property

Diane Adamick

National Realty Centers, Inc License #6501368429 Listed on: 01/10/2020

National Realty Centers, Inc

Last Buyer's Agent

Keith Weber

RE/MAX First License #6501239845

RE/MAX First

Property Details

Property Type

  • Land

Est. Annual Taxes

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40 x 120

Community Details

  • Leinbach Humphrey's Woodward Ave Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2031305001

Property Details

Property Type

Land

Est. Annual Taxes

$3,251

Lot Details

0

Listing Details

  • Property Type: Vacant Land
  • State Equalized Value: 108210.0000
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage Feet: 80
  • Road Frontage Type: Paved

Utilities

  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Schools

  • School District: Birmingham

Lot Info

  • List Price per Acre: 2500000.0000
  • Lot Size Area: 0.11
  • Lot Dimensions: 40 X 120
  • Parcel Number: 2031305001
  • Zoning: Residential

Tax Info

  • Tax Amount Summer: 2602.0000
  • Tax Amount Winter: 649.0000
  • Total Tax: 3251.0000

MLS Schools

  • School District: Birmingham

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2020
Closed on
Aug 19, 2020
Sold by
Harrison Juliuse A and Harrison Joyce A
Bought by
Breen Karen E
Seller's Agent
Diane Adamick
National Realty Centers, Inc
Buyer's Agent
Keith Weber
RE/MAX First
List Price
$600,000
Sold Price
$260,000
Premium/Discount to List
-$340,000
-56.67%
Current Estimated Value
$406,953

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,953
Avg. Annual Appreciation
9.13%

Purchase Details

Closed on
Mar 31, 2016
Sold by
Harrison Juliuse A and Harrison Joyce A
Bought by
Harrison Juliuse A and Harrison Joyce A
Source: Public Records

Range of Values:

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
Breen Karen E $260,000 Liberty Title
The Harrison Family Protective Trust -- Liberty Title
Harrison Juliuse A -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/19/2020 08/19/20 Sold $260,000 -5.5% $262 / Sq Ft
01/30/2020 01/30/20 Price Changed $275,000 -54.2% $277 / Sq Ft
01/10/2020 01/10/20 For Sale $600,000 -- $605 / 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 $4,600 $147,780 $0 $0
2023 $4,408 $144,530 $0 $0
2022 $4,726 $125,710 $0 $0
2021 $4,768 $118,590 $0 $0
2020 $2,649 $110,730 $0 $0
2019 $3,282 $108,210 $0 $0
2018 $3,210 $102,610 $0 $0
2017 $3,164 $99,780 $0 $0
2016 $3,150 $97,060 $0 $0
2015 -- $85,000 $0 $0
2014 -- $71,920 $0 $0
2011 -- $62,790 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 2200002869

Realcomp

APN: 20-31-305-001