NOT LISTED FOR SALE

Estimated Value: $629,000 - $787,000

5 Beds
2.5 Baths
2,143 Sq Ft
$329/Sq Ft Est. Value

Last Sold May 30, 2014

Last sale price $310,300 $145 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $4,616/month

235 Days on Market

Highlights

  • Recreation Room
  • Vaulted Ceiling
  • No HOA
  • Burns Park Elementary School Rated A
  • Wood Flooring
  • 1 Car Detached Garage

About This Home

As of May 2014

Charming 5 bedroom home in Lower Burns Park. Features include an updated kitchen with newer appliances, granite counters, and updated cabinetry, and a large light filled living room with natural fireplace and wall of windows. Hardwood floors throughout the kitchen, living room, and two story formal dining area, as well as the two first floor bedrooms. The second floor features two additional bedrooms and a full bath with beautifully tiled shower and skylight. Finished basement has a 5th bedroom, large recreation space, a sauna, separate shower, and a half bath. Additional features include a nicely landscaped yard with brick paver patio, a mud room off the back of the house, and a 1 car detached garage with carport, plus new carpet and paint throughout. Great location, walk to Downtown, Downtown, U of M central campus and U of M stadium. This is a Fannie Mae HomePath property. Purchase this property for as little as 5% down!, Rec Room: Finished

Last Agent to Sell the Property

Alex Milshteyn

Real Estate One Inc License #6506037173 Listed on: 08/12/2013

Real Estate One Inc

Last Buyer's Agent

Jon Keller

J Keller Properties, LLC License #6502370935

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1920

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 60 x 77
  • Back Yard Fenced
  • Property is zoned R1D, R1D

Parking

  • 1 Car Detached Garage
  • Carport

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Recreation Room

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms

Laundry

  • Laundry Room
  • Laundry on lower level
  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • 1 Bedroom in Basement

Outdoor Features

  • Patio
  • Porch

Schools

  • Burns Park Elementary School
  • Tappan Middle School
  • Pioneer High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Year Built

Built in 1920

Lot Details

4,792 Sq Ft Lot

Parking

1

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • Stories: 2
  • Year Built: 1920
  • Location Property Info:Property Sub-Type: Single Family Residence
  • OfficeContract Info:List PriceSqFt2: 188.62
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 60 X 77
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 2143.0
  • Tax Info:Annual Property Tax: 8419.0
  • Tax Info:Zoning3: R1D
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Substructure:Full: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Heat Source:Natural Gas3: Yes
  • General Property Info:Total Fireplaces: 1.0
  • Utilities Attached:Cable: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • General Property Info:Fireplace: Yes
  • Additional Items:Ceiling Fans: Yes
  • Sale Conditions:REOBank Owned: Yes
  • Windows:Skylight(s): Yes
  • General Property Info:SqFt Above Grade: 1643.0
  • Additional Items:Vaulted Ceilings: Yes
  • Laundry Features Lower Level: Yes
  • General Property Info Elementary School2: Burns Park Elementary School
  • General Property Info High School: Pioneer High School
  • General Property Info Middle School2: Tappan Middle School
  • General Property Info Garage YN: No
  • Flooring:Wood Floor: Yes
  • Flooring:Carpet Floor: Yes
  • Fencing:Fenced Back: Yes
  • Flooring:Tile Floor: Yes
  • Flooring:Ceramic Floor: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Oven, Range, Refrigerator, Washer
  • Flooring: Carpet, Ceramic Tile, Tile, Wood
  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 5
  • Main Level Bedrooms: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Basement: Full
  • LivingArea: 2143.0
  • Window Features: Skylight(s)
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Basement Bedrooms: 1
  • Basement Rooms:Basement Half Baths: 1
  • Basement Rooms:Basement Finished SQFT: 500.0
  • Kitchen Features:Eating Area: Yes
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Appliances Dishwasher: Yes
  • Fireplace:Wood Burning: Yes
  • Below Grade Sq Ft: 500.0

Exterior Features

  • Construction Materials: Brick, Vinyl Siding
  • Fencing: Fenced Back
  • List Price: 309900.0
  • Lot Features: Sidewalk
  • Patio and Porch Features: Patio, Porch(es)
  • Exterior Material:Vinyl Siding: Yes
  • Exterior Material:Brick: Yes
  • Patio and Porch Features:Porch(es): Yes
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: No
  • Carport: Yes
  • Garage Spaces: 1.0
  • Garage: No
  • Parking Features: Detached, Carport
  • Parking Features:Detached2: Yes
  • Parking Features Carport14: Yes
  • General Property Info:Garage Spaces: 1.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Laundry Features: Lower Level
  • Sewer: Public
  • Utilities: Natural Gas Connected, Cable Connected, Storm Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Burns Park Elementary School
  • High School: Pioneer High School
  • Middle/Junior School: Tappan Middle School

Lot Info

  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Dimensions: 60 X 77
  • Lot Size Sq Ft: 4792.0
  • Zoning Description: R1D

Tax Info

  • Tax Annual Amount: 8419.0
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2013
Closed on
May 28, 2014
Sold by
Fannie Mae
Bought by
Elahi Damian and Mast Katherine
Seller's Agent
Alex Milshteyn
Real Estate One Inc
Buyer's Agent
Jon Keller
J Keller Properties, LLC
List Price
$372,900
Sold Price
$310,300
Premium/Discount to List
-$62,600
-16.79%
Current Estimated Value
$704,304

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$394,004
Avg. Annual Appreciation
7.22%
Original Mortgage
$248,000
Outstanding Balance
$188,492
Interest Rate
4.18%
Mortgage Type
New Conventional
Estimated Equity
$515,812

Purchase Details

Closed on
Aug 23, 2012
Sold by
Thompson Gough W and Thompson Irene C
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 8, 2003
Sold by
Thompson Gough W and Thompson Irene C
Bought by
Thompson Gough W and Thompson Irene C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,800
Interest Rate
4.63%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Elahi Damian $310,300 Best Homes Title Agency Llc
Federal National Mortgage Association $265,922 None Available
Thompson Gough W -- Metropolitan Title Company
Thompson Gough W $376,000 Metropolitan Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elahi Damian $248,000
Previous Owner Thompson Gough W $300,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/30/2014 05/30/14 Sold $310,300 -16.8% $145 / Sq Ft
04/04/2014 04/04/14 Pending -- -- --
08/12/2013 08/12/13 For Sale $372,900 -- $174 / Sq Ft
Source: MichRIC

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 $11,976 $273,300 $0 $0
2024 $11,648 $254,300 $0 $0
2023 $10,756 $237,900 $0 $0
2022 $13,018 $207,200 $0 $0
2021 $12,521 $221,100 $0 $0
2020 $12,127 $217,100 $0 $0
2019 $11,568 $204,400 $204,400 $0
2018 $11,349 $198,100 $0 $0
2017 $10,948 $199,500 $0 $0
2016 $8,519 $172,415 $0 $0
2015 $8,751 $171,900 $0 $0
2014 $8,751 $142,100 $0 $0
2013 -- $142,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 23058704

MichRIC

APN: 09-33-328-009

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