NOT LISTED FOR SALE

1483 Old Salem Ct Birmingham, MI 48009

Estimated Value: $2,202,000 - $2,581,000

4 Beds
6 Baths
5,000 Sq Ft
$478/Sq Ft Est. Value

Last Sold November 24, 2021

Last sale price $1,895,000 $379 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $15,443/month

34 Days on Market

Highlights

  • Built-In Refrigerator
  • Colonial Architecture
  • Jetted Tub in Primary Bathroom
  • Pierce Elementary School Rated A
  • Fireplace in Primary Bedroom
  • No HOA

About This Home

As of November 2021

Absolutely exquisite, designer perfect beauty on quiet, exclusive cul de sac just steps away from downtown Birmingham. The epitome of quality, elegance & comfortable living. Breathtaking soaring ceilings, extensive trim detailing, wide-planked hardwoods, 2- story foyer, architectural windows. Chefs kitchen with center island & breakfast nook. Private 1st floor master with a completely secluded office, luxury spa bath with steam shower, custom closet, command center, beamed ceiling, fireplace, "hidden" TV, patio. Impressive great room, comfortable family room, hand-painted dining room, perfect mudroom/laundry complete the 1st floor. 3 bedrooms with private baths & walk-in closets. LL rec rm, exercise room, craft space & lav. Expansive bluestone patio with outdoor kitchen, pergola, fireplace overlooks manicured completely private yard. Savant total home automation system. Whole house generator. Heated Bluestone walk. 2-story 2nd-floor storage room. Amazing, turn-key property.

Last Listed By

Lanie Hardy Cosgrove

KW Domain License #6501261101 Listed on: 09/23/2021

KW Domain

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1954 | Remodeled in 2016

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 80.00x128.00
  • Fenced
  • Sprinkler System

Home Design

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

Interior Spaces

  • 5,000 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Sound System
  • Gas Fireplace
  • Family Room with Fireplace
  • Great Room with Fireplace
  • Finished Basement

Kitchen

  • Double Oven
  • Gas Cooktop
  • Warming Drawer
  • Microwave
  • Built-In Refrigerator
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Jetted Tub in Primary Bathroom

Laundry

  • Dryer
  • Washer

Parking

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

Outdoor Features

  • Patio
  • Exterior Lighting

Location

  • Ground Level

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Vented Exhaust Fan
  • Heating System Uses Natural Gas
  • Programmable Thermostat
  • Tankless Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1926226018

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,460

Year Built

Built in 1954 | Remodeled in 2016

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1954
  • State Equalized Value: 664700.0000
  • Year Renovated: 2016
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail, Jetted Tub, Programmable Thermostat, Sound System, Wet Bar
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Family Room, Great Room, Primary Bedroom
  • Room Count: 22
  • Total Bedrooms: 4
  • Total Bathrooms: 3.30
  • Full Bathrooms: 3
  • Half Bathrooms: 3
  • Basement: Yes
  • Basement Type: Finished
  • Kitchen Appliances: Vented Exhaust Fan, Built-In Refrigerator, Dishwasher, Disposal, Double Oven, Dryer, Gas Cooktop, Microwave, Warming Drawer, Washer
  • Sq Ft Combined: 6500
  • Sq Ft Lower Floor: 1500
  • Total Sq Ft: 5000
  • Sq Ft Total Bsmt: 1675

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exclusions: Yes
  • Exterior Features: Lighting, Fenced
  • Foundation Materials: Block
  • Frontage Feet: 80
  • Porch Type: Patio
  • Road Frontage Type: Paved
  • Sideof Street: W
  • Fencing: Fenced

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Direct Access, Electricity, Door Opener, Side Entrance, Heated, Attached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air, Zoned
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Tankless
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Birmingham

Lot Info

  • Homestead: Yes
  • Lot Features: Sprinkler(s)
  • Lot Size Area: 0.33
  • Lot Dimensions: 80.00X128.00
  • Parcel Number: 1926226018

Tax Info

  • Tax Amount Summer: 14366.0000
  • Tax Amount Winter: 2094.0000
  • Total Tax: 16460.0000
  • Taxable Value: 406350.0000

MLS Schools

  • School District: Birmingham

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2021
Closed on
Nov 24, 2021
Sold by
Kotcher Thomas E and Kotcher Lisa M
Bought by
Fraser Douglas and Fraser Carrie
Seller's Agent
Lanie Hardy Cosgrove
KW Domain
Buyer's Agent
Deborah Berg
Berkshire Hathaway HomeServices HWWB
List Price
$1,895,000
Sold Price
$1,895,000
Total Days on Market
34
Current Estimated Value
$2,390,137

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$495,137
Avg. Annual Appreciation
6.84%
Original Mortgage
$1,420,000
Outstanding Balance
$1,319,825
Interest Rate
3.14%
Mortgage Type
New Conventional
Estimated Equity
$1,070,312

Purchase Details

Closed on
Jan 26, 2004
Sold by
Schulte Kathleen M
Bought by
Kotcher Thomas E and Kotcher Lisa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,000
Interest Rate
5.88%
Mortgage Type
Credit Line Revolving

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Similar Homes in Birmingham, MI

  • 1502 Old Salem Ct, Birmingham, MI 48009

    $1,999,000

    • 4 Beds
    • 6 Baths
    • 3,249 Sq Ft
    • 1502 Old Salem Ct
    • Birmingham, MI

    Nestled at the end of a quiet street along the scenic Rouge River, this charming farmhouse exudes timeless appeal with its stunning wrap-around porch. Set on a spacious 1.02-acre lot, this 4- bedroom, 4.2-bathroom home offers a peaceful retreat just moments from the heart of Birmingham.Inside, the open-concept kitchen and living room are perfect for entertaining, while the cozy diningnook

    Ashley Crain Crain Homes

    Section Image
  • 1563 Lakeside Dr, Birmingham, MI 48009

    $2,450,000

    • 6 Beds
    • 7 Baths
    • 4,299 Sq Ft
    • 1563 Lakeside Dr
    • Birmingham, MI

    Stunning home in Quarton Lake Estates with a private fenced yard! Thoughtfully designed for seamless flow and functionality, this exceptional home offers over 5,600 sq. ft. of luxurious living space. Featuring wide-plank hardwood floors, custom cabinetry, expansive ensuite bedrooms, a finished lower level, and a heated three-car garage, this residence exemplifies fine living.The chef’s kitchen is

    Jonathan Zaia EXP Z Real Estate

    Section Image
  • 1174 Lakeside Dr, Birmingham, MI 48009

    $2,295,000

    • 6 Beds
    • 5.5 Baths
    • 4,790 Sq Ft
    • 1174 Lakeside Dr
    • Birmingham, MI

    Magnificent six bedroom, four full bath and one half bath brick colonial located in the heart of Quarton Lake Estates. This exquisite residence is the ultimate combination of luxury and lifestyle and its exceptional location is steps away from every world class amenities Downtown Birmingham has to offer. This spectacular home has been completely remodeled and features a new gourmet chefs kitchen

    John Apap @properties Christie's Int'l R.E. Birmingham

    Section Image
  • 667 Oak Ave, Birmingham, MI 48009

    $2,600,000

    • 5 Beds
    • 7 Baths
    • 4,056 Sq Ft
    • 667 Oak Ave
    • Birmingham, MI

    This stunning new construction home is located just steps from downtown Birmingham, a vibrant city filled with entertainment, shopping and fine dining. With 4500 square feet of living space the open floor plan is perfect for families and entertaining. There are 4 levels of finished living space including 5 bedrooms, 5 bathrooms, 2 powder rooms with a 2 car attached garage. The gourmet kitchen

    Lou Sabatini Max Broock, REALTORS®-Birmingham

    Section Image
  • 991 N Glenhurst Dr, Birmingham, MI 48009

    $2,495,000

    • 4 Beds
    • 6 Baths
    • 4,577 Sq Ft
    • 991 N Glenhurst Dr
    • Birmingham, MI

    This beautifully remodeled home in Quarton Lake Estates offers refined living on a prime lot. The main level features a formal living room with gas fireplace, wood-paneled den, sunlit family room with fireplace and doorwalls to a bluestone patio, and a formal dining room with butler’s pantry leading to an open-concept kitchen with lacquered cabinetry, seated island, stainless steel appliances,

    Christopher Ayers @properties Christie's Int'l R.E. Birmingham

    Section Image
  • 356 Pilgrim Ave, Birmingham, MI 48009

    $2,180,000

    • 5 Beds
    • 7 Baths
    • 4,252 Sq Ft
    • 356 Pilgrim Ave
    • Birmingham, MI

    Nestled in the heart of Quarton Lake Estates, this beautifully updated residence combines timeless design with modern efficiency. Thoughtfully crafted with energy efficiency and entertaining in mind, this home offers both everyday comfort and refined living. A bright and welcoming foyer opens to an inviting space for gatherings. At the heart of the home, the stunning chef’s kitchen features a

    Valbona Vulaj Signature Sotheby's International Realty Bham

    Section Image
  • 330 Ferndale Ave, Birmingham, MI 48009

    $2,495,000

    • 5 Beds
    • 7 Baths
    • 4,418 Sq Ft
    • 330 Ferndale Ave
    • Birmingham, MI

    Step into Downtown Birmingham from this beautifully updated home situated on one of Little San Francisco’s most sought-after streets, this meticulously renovated home blends timeless character with modern sophistication. A grand two-story foyer and elegant circular staircase set the tone for the bright, open interior. High ceilings and abundant natural light create an inviting atmosphere

    Renee Lossia Acho KW Domain

    Section Image
  • 145 Westchester Way, Birmingham, MI 48009

    $2,375,000

    • 5 Beds
    • 5 Baths
    • 4,547 Sq Ft
    • 145 Westchester Way
    • Birmingham, MI

    NEW CONSTRUCTION! Built with the highest quality materials. This is an exceptional home that you will be proud to own. The expansive great room, dining room and well-appointed kitchen are the heart of this beautiful home. Large entertainment area with additional bar and seating/counter space. The kitchen boasts Italian cabinetry, stone countertops and top-of-line Wolf and Sub Zero

    Stella Scigliano Real Estate One-WB/FH

    Section Image
  • 628 Watkins St, Birmingham, MI 48009

    $2,850,000

    • 5 Beds
    • 7 Baths
    • 4,492 Sq Ft
    • 628 Watkins St
    • Birmingham, MI

    Walk to Town – Better Than New! This beautifully maintained home offers timeless design, modern amenities, and an unbeatable location just a short stroll from town. With 10' ceilings on both the main level and in the finished basement, the home feels open, airy, and welcoming.An additional guest suite with kitchenette above the garage provides flexibility for guests, extended family, or rental

    Ashley Crain Crain Homes

    Section Image

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
Fraser Douglas $1,895,000 Interstate Title
Kotcher Thomas E -- Devon Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fraser Carrie Angela $1,420,000
Closed Fraser Carrie Angela $1,420,000
Previous Owner Kotcher Thomas E $475,000
Previous Owner Kotcher Thomas E $1,100,000
Previous Owner Kotcher Thomas E $866,000
Previous Owner Kotcher Thomas E $890,000
Previous Owner Kotcher Thomas E $985,800
Previous Owner Kotcher Thomas E $202,250
Previous Owner Kotcher Thomas E $150,000
Previous Owner Kotcher Thomas E $110,000
Previous Owner Kotcher Thomas E $987,000
Previous Owner Kotcher Thomas E $109,000
Previous Owner Kotcher Thomas E $872,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/24/2021 11/24/21 Sold $1,895,000 0.0% $379 / Sq Ft
10/28/2021 10/28/21 Pending -- -- --
09/23/2021 09/23/21 For Sale $1,895,000 -- $379 / 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 $24,764 $727,040 $0 $0
2023 $23,737 $703,360 $0 $0
2022 $25,450 $659,650 $0 $0
2021 $16,338 $664,700 $0 $0
2020 $14,556 $660,410 $0 $0
2019 $16,473 $646,950 $0 $0
2018 $16,346 $639,310 $0 $0
2017 $16,319 $621,910 $0 $0
2016 $16,349 $624,870 $0 $0
2015 -- $617,750 $0 $0
2014 -- $516,600 $0 $0
2011 -- $324,740 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 2210079878

Realcomp

APN: 19-26-226-018