NOT LISTED FOR SALE

1236 Jerry Ave Madison Heights, MI 48071

Estimated Value: $188,000 - $233,000

3 Beds
1 Bath
1,110 Sq Ft
$187/Sq Ft Est. Value

Last Sold May 28, 2021

Last sale price $135,000 $122 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $1,373/month

29 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Forced Air Heating System

About This Home

As of May 2021

Great Investor Opportunity. Paying tenant occupied 3 bedroom property. This Ranch style home located in Madison Heights is conveniently located near but not too near to 696 and 75. No showings will be scheduled until an accepted contract is in place.

Last Agent to Sell the Property

Kevin Stewart

Stewart Team R E Partners Inc License #6506048651 Listed on: 03/31/2021

Last Buyer's Agent

Kevin Zhou

1st Michigan Realty LLC License #6506047685

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1959

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 52.00x100.00

Home Design

  • 1,110 Sq Ft Home
  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation
  • Slab Foundation
  • Asphalt Roof

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Location

  • Ground Level

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Arnold Heights Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2513255004

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,952

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1959
  • State Equalized Value: 53270.0000
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Total Sq Ft: 1110

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Slab
  • Construction Materials: Brick
  • Foundation Materials: Block
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Natural Gas
  • 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: No

Lot Info

  • Lot Size Area: 0.12
  • Lot Dimensions: 52.00X100.00
  • Parcel Number: 2513255004

Tax Info

  • Tax Amount Summer: 1575.0000
  • Tax Amount Winter: 377.0000
  • Total Tax: 1952.0000
  • Taxable Value: 30270.0000

MLS Schools

  • School District: Lamphere

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2021
Closed on
May 28, 2021
Sold by
Twin Pines Properties Llc
Bought by
Chan Suk Ki and Chan Raymond
Seller's Agent
Kevin Stewart
Stewart Team R E Partners Inc
Buyer's Agent
Kevin Zhou
1st Michigan Realty LLC
List Price
$139,700
Sold Price
$135,000
Premium/Discount to List
-$4,700
-3.36%
Current Estimated Value
$207,828

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,828
Avg. Annual Appreciation
10.25%

Purchase Details

Closed on
Oct 28, 2010
Sold by
Haner Tom
Bought by
Twin Pines Properties L L C

Purchase Details

Closed on
Feb 17, 2009
Sold by
Kellam Kathleen
Bought by
Hsbc Bank Usa National Association and Dbalt 2005-Ar2

Purchase Details

Closed on
Dec 5, 2003
Sold by
Mazich George and Estate Of George Mazich Sr
Bought by
Kellam Kathleen
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
Chan Suk Ki $135,000 Sterling Title Agency
Twin Pines Properties L L C -- Philip R Seaver Title Co Inc
Hsbc Bank Usa National Association $37,800 None Available
Kellam Kathleen $110,000 Great Lakes Title Of Mi
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/28/2021 05/28/21 Sold $135,000 -3.4% $122 / Sq Ft
04/30/2021 04/30/21 Pending -- -- --
03/31/2021 03/31/21 For Sale $139,700 0.0% $126 / Sq Ft
11/18/2017 11/18/17 Rented $1,100 0.0% --
10/12/2017 10/12/17 Price Changed $1,100 -8.3% $1 / Sq Ft
10/04/2017 10/04/17 For Rent $1,200 +20.0% --
08/26/2016 08/26/16 Rented $1,000 0.0% --
08/24/2016 08/24/16 Under Contract -- -- --
08/08/2016 08/08/16 For Rent $1,000 +17.6% --
07/16/2015 07/16/15 Rented $850 0.0% --
07/07/2015 07/07/15 Under Contract -- -- --
07/01/2015 07/01/15 For Rent $850 -- --
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 $3,425 $76,440 $0 $0
2023 $3,269 $69,350 $0 $0
2022 $3,901 $60,900 $0 $0
2021 $1,977 $56,900 $0 $0
2020 $1,575 $53,270 $0 $0
2019 $1,885 $48,830 $0 $0
2018 $1,856 $42,410 $0 $0
2017 $1,827 $42,410 $0 $0
2016 $1,756 $38,510 $0 $0
2015 -- $34,020 $0 $0
2014 -- $29,660 $0 $0
2011 -- $34,020 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2210020876

Realcomp

APN: 25-13-255-004