NOT LISTED FOR SALE

1480 Old Salem Ct Birmingham, MI 48009

Estimated Value: $2,100,000 - $2,512,000

6 Beds
7 Baths
4,687 Sq Ft
$484/Sq Ft Est. Value

Last Sold February 10, 2015

Last sale price $1,175,000 $251 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $14,521/month

70 Days on Market

Highlights

  • River Front
  • 0.94 Acre Lot
  • Wooded Lot
  • Pierce Elementary School Rated A
  • Colonial Architecture
  • Terrace

About This Home

As of February 2015

Grand 1936 colonial situated on secluded cul-de-sac, nestled atop nearly an acre of beautiful quietude, yet walking distance to downtown Birmingham. Spectacular park-like yard with the river running through it, luscious landscaping, expansive terrace & patios, peaceful views galore. This gem of a home is perfect for large gatherings, executive entertaining, as well as your individual sanctuary. Lovely 14x15 foyer leading into spacious living & dining rooms, unpretentious kitchen, spacious bedrooms and even a 3rd floor suite/art studio. Lower level executive library w/fireplace, built-ins & bay window. Remarkable refinished walkout w/media center featuring fireplace, granite counters & hearth, mini-frig along with separate pool table area featuring Hubbardton Forge lighting & other fine accouterments. 5 bedrooms on 2nd floor - one being used as a “retreat” or media room/6 baths/Back staircases/3-car heated garage. Light and bright, warm and wonderful, a true oasis in the city!

Last Listed By

Deidre Etue

Temporary Inactive Users License #6501246734 Listed on: 10/10/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1936

Lot Details

  • 0.94 Acre Lot
  • Lot Dimensions are 120x347x115x339
  • River Front
  • Wooded Lot

Home Design

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

Interior Spaces

  • 4,687 Sq Ft Home
  • 3-Story Property
  • Gas Fireplace
  • Great Room with Fireplace
  • Living Room with Fireplace
  • Partially Finished Basement
  • Walk-Out Basement

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms

Parking

  • 3 Car Direct Access Garage
  • Heated Garage
  • Garage Door Opener

Outdoor Features

  • Patio
  • Terrace
  • Exterior Lighting

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Baseboard Heating
  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Sewer in Street
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1926226022

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,814

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 3 Story
  • Year Built: 1936
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail, Humidifier
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Great Room, Living Room
  • Room Count: 22
  • Total Bedrooms: 6
  • Total Bathrooms: 5.20
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Type: Partially Finished, Walkout Access
  • Kitchen Appliances: Dishwasher, Disposal, Refrigerator, Range/Stove
  • Sq Ft Combined: 5769
  • Sq Ft Lower Floor: 1082
  • Total Sq Ft: 4687
  • Sq Ft Total Bsmt: 1883

Exterior Features

  • Roof Material: Asphalt
  • Waterfront: Yes
  • Foundation Details: Basement
  • Construction Materials: Brick, Wood
  • Exclusions: Yes
  • Exterior Features: Lighting
  • Foundation Materials: Block
  • Frontage Feet: 120
  • Porch Type: Patio, Terrace
  • Road Frontage Type: Paved
  • Waterfront Description: River Front

Garage/Parking

  • Garage Size: 3 Car
  • Garage Features: Attached, Direct Access, Door Opener, Heated
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Baseboard, Forced Air, Steam
  • Sewer: Sewer at Street
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Birmingham

Lot Info

  • Homestead: Yes
  • List Price per Acre: 1371276.5957
  • Lot Features: Wooded
  • Lot Size Area: 0.94
  • Lot Dimensions: 120x347x115x339
  • Parcel Number: 1926226022

Tax Info

  • Tax Amount Summer: 17057.0000
  • Tax Amount Winter: 2757.0000
  • Total Tax: 19814.0000

MLS Schools

  • School District: Birmingham

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2014
Closed on
Feb 10, 2015
Sold by
Perry Christopher J and Perry Roxanne L
Bought by
Clemans Rebecca R and Clemans David C
Seller's Agent
Deidre Etue
Temporary Inactive Users
Buyer's Agent
Susan Carter
Sine & Monaghan, LLC
List Price
$1,289,000
Sold Price
$1,175,000
Premium/Discount to List
-$114,000
-8.84%
Total Days on Market
70
Current Estimated Value
$2,268,784

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,093,784
Avg. Annual Appreciation
6.60%
Original Mortgage
$600,000
Interest Rate
3.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 20, 2010
Sold by
Belen Lisa Fenkell and Fenkell Lisa S
Bought by
Perry Christopher J and Perry Roxanne L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$590,000
Interest Rate
4.19%
Mortgage Type
New Conventional

Range of Values:

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Average Value
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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
Clemans Rebecca R -- Bankers Title Settlement Svc
Perry Christopher J $975,000 Interstate Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clemans David C $547,000
Closed Clemans Rebecca R $600,000
Previous Owner Perry Christopher J $637,000
Previous Owner Perry Christopher J $590,000
Previous Owner Belen Lisa Fenkell $570,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2015 02/10/15 Sold $1,175,000 -8.8% $251 / Sq Ft
12/19/2014 12/19/14 Pending -- -- --
10/10/2014 10/10/14 For Sale $1,289,000 -- $275 / 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 $21,858 $641,730 $0 $0
2023 $21,166 $617,630 $0 $0
2022 $24,950 $646,700 $0 $0
2021 $26,023 $647,250 $0 $0
2020 $24,960 $691,790 $0 $0
2019 $28,245 $687,830 $0 $0
2018 $28,029 $696,170 $0 $0
2017 $27,981 $645,000 $0 $0
2016 $34,386 $784,150 $0 $0
2015 -- $759,590 $0 $0
2014 -- $634,350 $0 $0
2011 -- $414,220 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 214106077

Realcomp

APN: 19-26-226-022