NOT LISTED FOR SALE

1421 Broadacre Ave Clawson, MI 48017

Estimated Value: $350,000 - $793,000

8 Beds
4 Baths
3,042 Sq Ft
$201/Sq Ft Est. Value

Last Sold December 23, 2020

Last sale price $626,200 $206 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $4,462/month

207 Days on Market

Highlights

  • 0.3 Acre Lot
  • Heating system powered by renewable energy
  • ENERGY STAR Qualified Water Heater
  • Ranch Style House
  • ENERGY STAR/Reflective Roof
  • ENERGY STAR Qualified Windows

About This Home

As of December 2020

4 loft style ranch units. Each unit is 760 square feet and has 2 bedrooms,1 bath with separate in-unit laundry room. Each unit has two separate entrances. Wood beamed cathedral ceilings with exposed ductwork and beautiful skylights in the baths. High efficiency, energy star qualified furnace, central air, and appliances. Kitchen features granite counter tops and modern cabinetry. Private parking lot for 9 vehicles. Tenants pay gas and electric, landlord pays water and sewer. New roof, complete tear off and replacement in 2019. Impeccable rental history. Premium location, close to downtown Royal Oak, Birmingham and Beaumont Hospital.

Last Agent to Sell the Property

Rod Sarcevich

Location Real Estate, LLC License #6502401710 Listed on: 01/23/2020

Last Buyer's Agent

Rod Sarcevich

Location Real Estate, LLC License #RCO-6502401710

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1961

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 1x13197

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Slab Foundation
  • Poured Concrete
  • Masonry

Interior Spaces

  • 4 Full Bathrooms
  • 3,042 Sq Ft Home
  • ENERGY STAR Qualified Windows

Parking

  • 9 Parking Spaces
  • Assigned Parking

Eco-Friendly Details

  • ENERGY STAR/Reflective Roof

Utilities

  • Heating system powered by renewable energy
  • Heating System Uses Natural Gas
  • ENERGY STAR Qualified Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2033354001

Community Details

Overview

  • 4 Units
  • Rose Garden Subdivision

Amenities

  • Laundry Facilities

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,616

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Loft, Ranch
  • Architecture Level: 1 Story
  • Year Built: 1961
  • State Equalized Value: 159300.0000
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Interior Amenities: ENERGY STAR® Qualified Window(s), Laundry Facility
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Sq Ft Combined: 3042
  • Total Sq Ft: 3042

Exterior Features

  • Roof Material: ENERGY STAR® Shingles
  • Foundation Details: Slab
  • Construction Materials: Block/Concrete/Masonry, Brick, Wood
  • Foundation Materials: Poured
  • Frontage Feet: 1
  • Road Frontage Type: Paved

Garage/Parking

  • MF Parking: Assigned Spaces
  • Total Parking Spaces: 9

Utilities

  • Heating Fuel: Natural Gas
  • Heating: ENERGY STAR® Qualified Furnace Equipment
  • Sewer: Separate Meters
  • Water Heater Fuel: ENERGY STAR® Qualified Water Heater
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Schools

  • School District: Clawson

Lot Info

  • List Price per Acre: 2233333.3333
  • Lot Size Area: 0.30
  • Lot Dimensions: 1x13197
  • Parcel Number: 2033354001
  • Zone Conform: Yes
  • Zoning: Multi-Family

Rental Info

  • Rent Includes: Electric, Trash Collection (Garbage Pickup), Heat, Snow Removal, Yard Maintenance
  • Legal Rental Certified: Yes
  • Monthly Rental Income: 5250

Tax Info

  • Tax Amount Summer: 6451.0000
  • Tax Amount Winter: 165.0000
  • Total Tax: 6616.0000
  • Taxable Value: 96330.0000

Multi Family

  • Gross Scheduled Income: 63000.00
  • Number Of Units Total: 4
  • Unit Count: 1
  • Number of Two Bedroom Units: 4
  • Number Of Units Leased: 4

MLS Schools

  • School District: Clawson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 20, 2021
Sold by
Meyecic and Valerie
Bought by
694 Lincoln Llc
Current Estimated Value
$610,225

Purchase Details

Listed on
Jan 23, 2020
Closed on
Dec 22, 2020
Sold by
Rebound Real Esatate Llc
Bought by
Meyecic Joseph and Meyecic Valerie
Seller's Agent
Rod Sarcevich
Location Real Estate, LLC
Buyer's Agent
Rod Sarcevich
Location Real Estate, LLC
List Price
$670,000
Sold Price
$626,200
Premium/Discount to List
-$43,800
-6.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.57%
Original Mortgage
$375,720
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 7, 2016
Sold by
Fox Jeffrey and Fox Robin
Bought by
Rebound Real Estate Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.61%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Dec 2, 2009
Sold by
Mortgage Electronic Registration Systems
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 20, 2005
Sold by
Reed Doris
Bought by
Foster Christine J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,500
Interest Rate
7.25%
Mortgage Type
Commercial
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
694 Lincoln Llc -- None Listed On Document
Meyecic Joseph $626,200 First American Title
Rebound Real Estate Llc -- None Available
Federal National Mortgage Association -- None Available
Foster Christine J $325,000 Security Title Services
Reed Investment Co -- Security Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Meyecic Joseph P $375,720
Previous Owner Rebound Real Estate Llc $200,000
Previous Owner Foster Todd J $71,097
Previous Owner Foster Todd J $241,600
Previous Owner Foster Todd J $30,200
Previous Owner Foster Christine J $227,500
Closed Foster Christine J $97,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2020 12/23/20 Sold $626,200 -6.5% $206 / Sq Ft
09/14/2020 09/14/20 For Sale $670,000 0.0% $220 / Sq Ft
09/14/2020 09/14/20 Rented $1,300 0.0% --
08/17/2020 08/17/20 Pending -- -- --
07/23/2020 07/23/20 Price Changed $1,300 +2.0% $2 / Sq Ft
05/11/2020 05/11/20 For Rent $1,275 0.0% --
01/23/2020 01/23/20 For Sale $670,000 0.0% $220 / Sq Ft
01/14/2014 01/14/14 Rented $1,025 -6.8% --
10/18/2013 10/18/13 Under Contract -- -- --
09/25/2013 09/25/13 For Rent $1,100 +12.8% --
02/18/2013 02/18/13 Rented $975 0.0% --
02/06/2013 02/06/13 Under Contract -- -- --
11/12/2012 11/12/12 For Rent $975 +11.4% --
05/29/2012 05/29/12 Rented $875 -7.9% --
05/21/2012 05/21/12 Under Contract -- -- --
05/11/2012 05/11/12 For Rent $950 -- --
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 $12,747 $220,640 $0 $0
2023 $12,198 $209,150 $0 $0
2022 $12,101 $194,410 $0 $0
2021 $11,815 $176,250 $0 $0
2018 $6,519 $149,140 $0 $0
2017 $6,478 $145,400 $0 $0
2016 $6,511 $137,260 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2020

    Rod Sarcevich

    Location Real Estate, LLC

    (248) 325-5050

    1 in this area

    2 Total Sales

    Section Image

  • J

    Seller's Agent in 2013

    John Myers

    Cranbrook Associates-Birm

    (248) 390-7774

    3 Total Sales

    John Myers
    Section Image
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Map

Source: Realcomp

MLS Number: 2200006179

Realcomp

APN: 20-33-354-001

Michigan Oakland County Clawson 48017

1421 Broadacre Ave, Clawson, MI

This home is located at 1421 Broadacre Ave, Clawson, MI 48017 since 23 January 2020 and is currently estimated at $610,225, approximately $200 per square foot. This property was built in 1961. 1421 Broadacre Ave is a home located in Oakland County with nearby schools including Clawson High School and Japhet School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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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