NOT LISTED FOR SALE

1505 E Madge Ave Hazel Park, MI 48030

Estimated Value: $161,000 - $205,000

3 Beds
1 Bath
1,032 Sq Ft
$176/Sq Ft Est. Value

Last Sold June 17, 2022

Last sale price $175,000 $170 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,281/month

1 Day on Market

Highlights

  • No HOA
  • 1.5 Car Detached Garage
  • Forced Air Heating and Cooling System
  • Covered patio or porch
  • Bungalow
  • Fenced

About This Home

As of June 2022

3 bedroom bungalow with a full basement and a deep 1 1/2 car detached garage. Located on a wonderful block in the heart of up and coming Hazel Park! Home features include: roof with dimensional shingles, new hot water tank (21), covered porch that is perfect for those warm summer evenings, vinyl siding, vinyl windows, whole house generator, 220 elec line to basement, circuit breakers, glass block windows in basement, garage door opener w/ remotes, extra cement pad for parking in back (15X10), AC, and more.

Last Agent to Sell the Property

Ted Reithel

RE/MAX First License #6501279677 Listed on: 05/11/2022

RE/MAX First

Last Buyer's Agent

John Collins

National Realty Centers, Inc License #RCO-6501225209

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1950

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 39.00x108.00
  • Fenced

Home Design

  • Bungalow
  • Block Foundation
  • Vinyl Construction Material

Interior Spaces

  • 1,032 Sq Ft Home
  • 1.5-Story Property
  • Unfinished Basement

Kitchen

  • Free-Standing Gas Oven
  • Free-Standing Gas Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 1.5 Car Detached Garage
  • Garage Door Opener

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Additional Features

  • Covered patio or porch
  • Ground Level

Community Details

  • No Home Owners Association
  • Stephenson Barber's Parkhome Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2536406012

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,014

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
  • State Equalized Value: 34980.0000
  • Foundation Features: Drainage System
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 8
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Free-Standing Gas Oven, Free-Standing Gas Range, Free-Standing Refrigerator, Washer
  • Sq Ft Combined: 1032
  • Total Sq Ft: 1032
  • Sq Ft Total Bsmt: 786

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Exterior Features: Fenced
  • Foundation Materials: Block
  • Frontage Feet: 39
  • Porch Type: Porch - Covered, Porch
  • Road Frontage Type: Paved
  • Fencing: Fenced

Garage/Parking

  • Garage Size: 1.5 Car
  • Garage Features: Electricity, Door Opener, Detached
  • Garage: Yes

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Hazel Park

Lot Info

  • Lot Size Area: 0.10
  • Lot Dimensions: 39.00X108.00
  • Parcel Number: 2536406012

Tax Info

  • Tax Amount Summer: 1979.0000
  • Tax Amount Winter: 35.0000
  • Total Tax: 2014.0000
  • Taxable Value: 18930.0000

MLS Schools

  • School District: Hazel Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2022
Closed on
Jun 8, 2022
Sold by
Heacock Nancy Lee and Heacock Rodderick Michael
Bought by
Corbett Franklin
Seller's Agent
Ted Reithel
RE/MAX First
Buyer's Agent
John Collins
National Realty Centers, Inc
List Price
$164,900
Sold Price
$175,000
Premium/Discount to List
$10,100
6.12%
Current Estimated Value
$181,439

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,439
Avg. Annual Appreciation
0.88%
Original Mortgage
$171,830
Outstanding Balance
$164,622
Interest Rate
5.25%
Mortgage Type
FHA
Estimated Equity
$15,128

Purchase Details

Closed on
Sep 10, 2019
Sold by
Heacock Nancy Lee
Bought by
Heacock Nancy Lee and Heacock Rodderiek Michel

Purchase Details

Closed on
Oct 13, 2015
Sold by
Myers Fred J and Myers Julia
Bought by
Myers Fred J
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
Corbett Franklin $175,000 None Listed On Document
Corbett Franklin $175,000 None Listed On Document
Heacock Nancy Lee -- None Available
Myers Fred J -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Corbett Franklin $6,512
Open Corbett Franklin $171,830
Closed Corbett Franklin $171,830
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2022 06/17/22 Sold $175,000 +6.1% $170 / Sq Ft
05/13/2022 05/13/22 Pending -- -- --
05/11/2022 05/11/22 For Sale $164,900 -- $160 / 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 $3,338 $49,780 $0 $0
2023 $3,432 $45,360 $0 $0
2022 $2,055 $38,730 $0 $0
2021 $2,014 $34,980 $0 $0
2020 $1,971 $32,270 $0 $0
2019 $1,653 $28,680 $0 $0
2018 $1,616 $26,400 $0 $0
2017 $1,580 $24,970 $0 $0
2016 $1,573 $22,170 $0 $0
2015 -- $19,160 $0 $0
2014 -- $17,870 $0 $0
2011 -- $24,960 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ted Reithel

    Seller's Agent in 2022

    Ted Reithel

    RE/MAX

    (248) 420-4922

    27 in this area

    118 Total Sales

    Ted Reithel
    Section Image
  • John Collins

    Buyer's Agent in 2022

    John Collins

    National Realty Centers, Inc

    (248) 692-4755

    3 in this area

    144 Total Sales

    John Collins
    Section Image
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Map

Source: Realcomp

MLS Number: 2220033218

Realcomp

APN: 25-36-406-012

Michigan Oakland County Hazel Park 48030

1505 E Madge Ave, Hazel Park, MI

This home is located at 1505 E Madge Ave, Hazel Park, MI 48030 since 11 May 2022 and is currently estimated at $181,439, approximately $175 per square foot. This property was built in 1950. 1505 E Madge Ave is a home located in Oakland County with nearby schools including Hazel Park Junior High School and Hazel Park 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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