$160,000
SOLD NOV 20, 2015

1364 Franklin Rd Berkley, MI 48072

4 Beds
1 Bath
1,537 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$104 Per Sq Ft

14% Below List Price

449 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Heating System Uses Steam
  • Rogers Elementary School Rated A-
  • Enclosed patio or porch
  • High Speed Internet

About This Home

As of May 2017

Stately home in Oakland Manor. This is the perfect opportunity for someone looking for the right classic older home in arguably the best area of Berkley. This home could be made into a dream home, used to build equity or to out right flip. This home has been owned and loved by the same family for generations and it is time for a new person to take over the keys. Recently the home owner added a new roof and has updated the exterior siding. The gracious layout provides for large open rooms with large windows and southern exposure. This home is usually bathed in light and feels more spacious than the sq ft. suggests. This house is on one of Berkley's most premier streets. You won't believe your good luck to find this home! The Seller is open to looking at all serious and reasonable offers.

Last Agent to Sell the Property

Nancy Robinson

Real Broker Berkley License #6501293614 Listed on: 08/06/2014

Real Broker Berkley

Co-Listed By

Caren Goldstone

Real Broker Berkley License #6501330043

Last Buyer's Agent

Robert Coburn

RE/MAX First License #6501265468

RE/MAX First

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1924

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 47x100

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof
  • Cedar

Interior Spaces

  • 1,537 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Living Room with Fireplace
  • Unfinished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Enclosed patio or porch

Utilities

  • Heating System Uses Steam
  • 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 2517257017

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,221

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail
  • Fireplace: Yes
  • Fireplace Fuel: Natural
  • Fireplace Locations: Living Room
  • Room Count: 9
  • Total Bedrooms: 4
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Refrigerator, Range/Stove
  • Sq Ft Combined: 1537
  • Total Sq Ft: 1537
  • Sq Ft Total Bsmt: 817

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick, Cedar
  • Foundation Materials: Block
  • Frontage Feet: 47
  • Porch Type: Porch - Enclosed
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Steam
  • 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: 1536363.6364
  • Lot Size Area: 0.11
  • Lot Dimensions: 47X100
  • Parcel Number: 2517257017

Tax Info

  • Tax Amount Summer: 2146.0000
  • Tax Amount Winter: 75.0000
  • Total Tax: 2221.0000

MLS Schools

  • School District: Berkley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 28, 2017
Sold by
Shifman Carole R
Bought by
Shifman Carole R and Carole R Shifman Trust
Current Estimated Value
$443,082

Purchase Details

Listed on
Mar 29, 2017
Closed on
May 19, 2017
Sold by
Schultz Lisa M and Smith Angela N
Bought by
Shifman Carole R
Seller's Agent
Jeff Glover
KW Professionals
Buyer's Agent
Nicole Hyman
Urban Ridge Realty LLC
List Price
$319,900
Sold Price
$320,000
Premium/Discount to List
$100
0.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.05%
Original Mortgage
$240,000
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 20, 2016
Closed on
Sep 23, 2016
Sold by
Kendall Custom Homes Llc
Bought by
Schultz Lisa M and Smith Angela N
Seller's Agent
Robert Coburn
RE/MAX First
Buyer's Agent
Kristy Glover
KW Professionals
List Price
$319,900
Sold Price
$310,000
Premium/Discount to List
-$9,900
-3.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.01%
Interest Rate
3.48%

Purchase Details

Closed on
Jun 5, 1998
Sold by
Vanderslice Elwood Lane
Bought by
Vanderslice Elwood Lane
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Warranty Deed $320,000 None Available
Warranty Deed $310,000 Equity Natl Title & Closing
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $20,000 New Conventional
Open $226,000 New Conventional
Closed $227,825 New Conventional
Closed $240,000 New Conventional
Previous Owner -- No Value Available
Previous Owner $294,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2017 05/19/17 Sold $320,000 0.0% $208 / Sq Ft
04/03/2017 04/03/17 Pending -- -- --
03/29/2017 03/29/17 For Sale $319,900 +3.2% $208 / Sq Ft
09/23/2016 09/23/16 Sold $310,000 -3.1% $181 / Sq Ft
07/26/2016 07/26/16 Pending -- -- --
07/20/2016 07/20/16 For Sale $319,900 +99.9% $187 / Sq Ft
11/20/2015 11/20/15 Sold $160,000 0.0% $104 / Sq Ft
11/20/2015 11/20/15 Sold $160,000 -5.3% $104 / Sq Ft
10/29/2015 10/29/15 Pending -- -- --
10/29/2015 10/29/15 Pending -- -- --
10/14/2015 10/14/15 Price Changed $169,000 -3.2% $110 / Sq Ft
09/08/2015 09/08/15 For Sale $174,600 -6.1% $114 / Sq Ft
08/06/2014 08/06/14 For Sale $186,000 -- $121 / 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 $5,649 $171,120 $0 $0
2023 $5,091 $163,050 $0 $0
2022 $5,087 $153,890 $0 $0
2021 $4,974 $148,430 $0 $0
2020 $4,758 $144,990 $0 $0
2019 $4,995 $135,290 $0 $0
2018 $4,776 $120,670 $0 $0
2017 $4,528 $113,470 $0 $0
2016 $4,567 $77,650 $0 $0
2015 -- $72,440 $0 $0
2014 -- $62,870 $0 $0
2011 -- $60,580 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 214080855

Realcomp

APN: 25-17-257-017