NOT LISTED FOR SALE

1564 E Madge Ave Hazel Park, MI 48030

Estimated Value: $70,000 - $104,328

2 Beds
1 Bath
613 Sq Ft
$143/Sq Ft Est. Value

Last Sold March 26, 2020

Last sale price $47,000 $77 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $667/month

116 Days on Market

Highlights

  • Ranch Style House
  • 1 Car Detached Garage
  • Forced Air Heating System
  • No HOA

About This Home

As of March 2020

Two bedroom investment property in Hazel Park, being cleaned up by crew at this time, but go and show ok. Sentrilock access

Last Agent to Sell the Property

John Levin

National Realty Centers, Inc License #6501298939 Listed on: 11/04/2019

National Realty Centers, Inc

Last Buyer's Agent

Steph Kaye

Real Living Kee Realty-Troy License #RCO-6502409189

Real Living Kee Realty-Troy

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1941

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 40.00x108.00

Parking

  • 1 Car Detached Garage

Home Design

  • Ranch Style House
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 613 Sq Ft Home
  • Crawl Space
  • Electric Cooktop

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Location

  • Ground Level

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Sewer in Street

Community Details

  • No Home Owners Association
  • Ford Oak Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2536427005
  • $11,000 Seller Concession

Home Details

Home Type

Single Family

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Assessment: 276
  • Year Built: 1941
  • State Equalized Value: 16460.0000
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 5
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Kitchen Appliances: Electric Cooktop, Free-Standing Refrigerator
  • Sq Ft Combined: 613
  • Total Sq Ft: 613

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Crawl
  • Construction Materials: Aluminum
  • Foundation Materials: Block
  • Frontage Feet: 40
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 1 Car
  • Garage Features: Detached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • 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: Hazel Park

Lot Info

  • List Price per Acre: 580000.0000
  • Lot Size Area: 0.10
  • Lot Dimensions: 40.00X108.00
  • Parcel Number: 2536427005

Tax Info

  • Tax Amount Summer: 1328.0000
  • Tax Amount Winter: 42.0000
  • Total Tax: 1370.0000
  • Taxable Value: 11460.0000

MLS Schools

  • School District: Hazel Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2019
Closed on
Mar 26, 2020
Sold by
18291 Frazho Llc
Bought by
Olteanu Daniel
Seller's Agent
John Levin
National Realty Centers, Inc
Buyer's Agent
Steph Kaye
Real Living Kee Realty-Troy
List Price
$59,900
Sold Price
$47,000
Premium/Discount to List
-$12,900
-21.54%
Current Estimated Value
$87,582

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,582
Avg. Annual Appreciation
13.79%

Purchase Details

Listed on
Sep 5, 2012
Closed on
Oct 11, 2012
Sold by
Gilboa Tal
Bought by
18291 Frazho Llc
Seller's Agent
Daniel Klaper
Michigan First Realty LLC
Buyer's Agent
Jennifer Winstead
TLD Realty & Property Management LLC
List Price
$22,999
Sold Price
$23,001
Premium/Discount to List
$2
0.009%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.04%

Purchase Details

Listed on
Sep 5, 2012
Closed on
Oct 5, 2012
Sold by
Vandalay Llc and Abrams Jason
Bought by
Gilboa Tal
Seller's Agent
Daniel Klaper
Michigan First Realty LLC
Buyer's Agent
Jennifer Winstead
TLD Realty & Property Management LLC
List Price
$22,999
Sold Price
$23,001
Premium/Discount to List
$2
0.009%

Purchase Details

Closed on
Nov 15, 2006
Sold by
Abrams Associates Llc and Abrams Ronald A
Bought by
Vandalay Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 28, 1998
Sold by
Fisher John
Bought by
Abrams Associates

Purchase Details

Closed on
Mar 18, 1996
Sold by
Secretary Of Veterans Af
Bought by
Fisher John
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
Olteanu Daniel $47,000 M S Title Agency Llc
18291 Frazho Llc -- None Available
Gilboa Tal $23,001 Title Express Llc
Vandalay Llc $65,250 Stewart Title
Abrams Associates $27,000 --
Fisher John -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vandalay Llc $215,127
Previous Owner Vandalay Llc $63,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2020 03/26/20 Sold $47,000 -19.0% $77 / Sq Ft
02/28/2020 02/28/20 Pending -- -- --
12/19/2019 12/19/19 Price Changed $58,000 -3.2% $95 / Sq Ft
11/04/2019 11/04/19 For Sale $59,900 +160.4% $98 / Sq Ft
10/09/2012 10/09/12 Sold $23,001 0.0% $38 / Sq Ft
10/05/2012 10/05/12 Pending -- -- --
09/05/2012 09/05/12 For Sale $22,999 -- $38 / 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 $2,276 $31,840 $0 $0
2023 $2,290 $27,830 $0 $0
2022 $2,282 $24,850 $0 $0
2021 $2,246 $21,310 $0 $0
2020 $1,340 $18,360 $0 $0
2019 $1,348 $16,460 $0 $0
2018 $1,320 $15,190 $0 $0
2017 $1,282 $14,440 $0 $0
2016 $1,284 $12,960 $0 $0
2015 -- $11,360 $0 $0
2014 -- $10,680 $0 $0
2011 -- $16,290 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 219112482

Realcomp

APN: 25-36-427-005