NOT LISTED FOR SALE

1350 Franklin Rd Berkley, MI 48072

Estimated Value: $340,000 - $420,000

3 Beds
1 Bath
1,195 Sq Ft
$330/Sq Ft Est. Value

Last Sold June 19, 2015

Last sale price $99,000 $83 Per Sq Ft

Est. 298% increase in value since last sale

Current estimated payment $2,541/month

25 Days on Market

Highlights

  • Deck
  • Wooded Lot
  • Covered Patio or Porch
  • Rogers Elementary School Rated A-
  • No HOA
  • Bungalow

About This Home

As of June 2015

For those of you looking for the perfect project home with an outstanding location, this Berkley bungalow surrounded by higher priced homes could be just the right fit. This home needs repairs and updating, but offers a great layout, updated mechanicals and excellent potential. Just a short walk to Woodward and 12 Mile, right in the heart of town! Newer furnace and water heater, original hardwood flooring, family room with doorwall to deck, living room with natural fireplace with Oak mantel, huge upper level bedroom, updated electrical panel, re-built front porch and more. One of the many homes that unfortunately experienced basement flooding this past summer, with evidence of possible mold staining and horizontal settling cracks on basement block walls. Bathroom needs sink and plumbing fixtures. Cash offers only. Sale & Commission (50/50 split) subject to short sale approval by seller's mortgagee, and seller's approval of short sale terms.

Last Agent to Sell the Property

Mike Galinac

Exact Match Properties License #6502428051 Listed on: 10/20/2014

Last Buyer's Agent

Kristie Lohmann

RE/MAX First License #6501373111

RE/MAX First

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1950

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 50x100
  • Fenced
  • Wooded Lot

Home Design

  • Bungalow
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 1,195 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Living Room with Fireplace
  • Disposal
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Exterior Lighting
  • Shed

Utilities

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

Community Details

  • No Home Owners Association
  • Stephenson Barber's Oakland Manors Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2517257018

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,262

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Year Built: 1950
  • Special Features: 12
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail
  • Fireplace: Yes
  • Fireplace Fuel: Natural
  • Fireplace Locations: Living Room
  • Room Count: 9
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Partially Finished
  • Kitchen Appliances: Disposal
  • Sq Ft Combined: 1195
  • Total Sq Ft: 1195
  • Sq Ft Total Bsmt: 824

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Aluminum
  • Construction Features: Platted Sub.
  • Exterior Features: Fenced, Lighting
  • Foundation Materials: Block
  • Frontage Feet: 50
  • Porch Type: Deck, Porch, Porch - Covered
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • Garage Size: No Garage

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: No

Schools

  • School District: Berkley

Lot Info

  • Homestead: Yes
  • List Price per Acre: 870833.3333
  • Lot Features: Wooded
  • Lot Size Area: 0.12
  • Lot Dimensions: 50X100
  • Parcel Number: 2517257018

Tax Info

  • Tax Amount Summer: 2185.0000
  • Tax Amount Winter: 77.0000
  • Total Tax: 2262.0000

MLS Schools

  • School District: Berkley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2014
Closed on
Jun 19, 2015
Sold by
Krauss Virginia L and Krauss Robert L
Bought by
Gegaj George and Gegovic Vasko
Seller's Agent
Mike Galinac
Exact Match Properties
Buyer's Agent
Kristie Lohmann
RE/MAX First
List Price
$109,900
Sold Price
$99,000
Premium/Discount to List
-$10,900
-9.92%
Current Estimated Value
$394,426

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$295,426
Avg. Annual Appreciation
13.94%
Source: Public Records

Range of Values:

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Average Value
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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
Gegaj George $99,000 Title One Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rolewicz Thomas F $164,000
Previous Owner Krauss Robert L $168,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/19/2015 06/19/15 Sold $99,000 -9.9% $83 / Sq Ft
11/14/2014 11/14/14 Pending -- -- --
10/20/2014 10/20/14 For Sale $109,900 -- $92 / 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 $5,499 $174,030 $0 $0
2023 $4,956 $165,710 $0 $0
2022 $4,953 $156,190 $0 $0
2021 $4,842 $150,360 $0 $0
2020 $4,632 $146,830 $0 $0
2019 $4,863 $137,170 $0 $0
2018 $4,650 $117,480 $0 $0
2017 $4,730 $118,540 $0 $0
2016 $4,549 $77,340 $0 $0
2015 -- $72,930 $0 $0
2014 -- $63,110 $0 $0
2011 -- $60,510 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mike Galinac

    Seller's Agent in 2015

    Mike Galinac

    Exact Match Properties

    (248) 210-7171

    102 Total Sales

    Mike Galinac
    Section Image
  • Kristie Lohmann

    Buyer's Agent in 2015

    Kristie Lohmann

    RE/MAX of Southeast Michigan

    (248) 568-3602

    154 Total Sales

    Kristie Lohmann
    Section Image
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Map

Source: Realcomp

MLS Number: 214109732

Realcomp

APN: 25-17-257-018

Michigan Oakland County Berkley 48072

1350 Franklin Rd, Berkley, MI

This home is located at 1350 Franklin Rd, Berkley, MI 48072 since 20 October 2014 and is currently estimated at $394,426, approximately $330 per square foot. This property was built in 1950. 1350 Franklin Rd is a home located in Oakland County with nearby schools including Rogers Elementary School, Anderson Middle School, and Berkley High School.

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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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