NOT LISTED FOR SALE

16137 Locherbie Ave Beverly Hills, MI 48025

Estimated Value: $576,000 - $622,000

3 Beds
2 Baths
2,089 Sq Ft
$290/Sq Ft Est. Value

Last Sold August 18, 2021

Last sale price $465,000 $223 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $3,926/month

2 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Porch
  • Wylie E. Groves High School Rated A+
  • 1.5 Car Direct Access Garage
  • Fireplace in Basement

About This Home

As of August 2021

**HIGHEST AND BEST DUE MONDAY 7/19 at 12:00pm**All brick ranch with nearly 4000 sq ft of living space on first floor and lower level. Beautiful .29 acre end lot within walking distance to Birmingham. Main floor features an eat-in kitchen, large living room with stone fireplace that flows to formal dining room, family room with fireplace and slider to rear patio area for outdoor gatherings. Hardwood floors throughout with large bedrooms and closets. Finished basement with egress window, guest suite, office, workout room, rec area with stone fireplace and bar. Smart home setup with intelligent climate control, switches throughout. Attached garage, large driveway with ample parking—great storage in basement and large attic. Many updates: premium Pella windows with blinds, craftsman-style wood trim, electrical panel, (2018-high-efficiency furnace, AC, hot water heater) New PVC sewer line to house. Negotiable:sauna, pool table, foosball, trampoline, Pro-Shot Basketball Hoop.

Last Agent to Sell the Property

Christina Gennari

KW Domain License #6501322143 Listed on: 07/16/2021

KW Domain

Last Buyer's Agent

Mark Marangon

Coldwell Banker Weir Manuel-Bir License #RCO-6501239422

Coldwell Banker Weir Manuel-Bir

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1950

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 133 x 135 x 55 x 155

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 2,089 Sq Ft Home
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Finished Basement
  • Fireplace in Basement

Kitchen

  • Free-Standing Electric Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1.5 Car Direct Access Garage
  • Garage Door Opener

Utilities

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

Additional Features

  • Porch
  • Ground Level

Community Details

  • No Home Owners Association
  • Beverly Hills Sub No 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2401254015

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,138

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1950
  • State Equalized Value: 185770.0000
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Fireplace: Yes
  • Fireplace Locations: Basement, Family Room, Living Room
  • Room Count: 9
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Finished
  • Kitchen Appliances: Dishwasher, Disposal, Free-Standing Electric Range, Free-Standing Refrigerator
  • Sq Ft Combined: 3689
  • Sq Ft Lower Floor: 1600
  • Total Sq Ft: 2089
  • Sq Ft Total Bsmt: 1842

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block
  • Frontage Feet: 136
  • Porch Type: Porch
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • Garage Size: 1.5 Car
  • Garage Features: Direct Access, Electricity, Door Opener, Attached
  • Garage: Yes

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Birmingham

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.29
  • Lot Dimensions: 133 X 135 X 55 X 155
  • Parcel Number: 2401254015

Tax Info

  • Tax Amount Summer: 4404.0000
  • Tax Amount Winter: 734.0000
  • Total Tax: 5138.0000
  • Taxable Value: 126050.0000

MLS Schools

  • School District: Birmingham

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2021
Closed on
Aug 18, 2021
Sold by
Peterson Troy A and Peterson Jennifer S
Bought by
Alkema Aaron and Aldridge Alexandra
Seller's Agent
Christina Gennari
KW Domain
Buyer's Agent
Mark Marangon
Coldwell Banker Weir Manuel-Bir
List Price
$399,900
Sold Price
$465,000
Premium/Discount to List
$65,100
16.28%
Current Estimated Value
$605,015

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,015
Avg. Annual Appreciation
5.20%
Original Mortgage
$265,000
Outstanding Balance
$243,418
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$326,640

Purchase Details

Closed on
Nov 10, 2006
Sold by
Totte Elwood E and Totte Helen A
Bought by
Peterson Troy A and Peterson Jennifer S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,500
Interest Rate
6.41%
Mortgage Type
Purchase Money Mortgage
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
Alkema Aaron $465,000 First American Title
Peterson Troy A $290,000 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alkema Aaron $265,000
Previous Owner Peterson Troy A $68,300
Previous Owner Peterson Jennifer S $125,000
Previous Owner Peterson Troy A $40,500
Previous Owner Peterson Troy A $223,500
Previous Owner Peterson Troy A $237,500
Previous Owner Peterson Troy A $275,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2021 08/18/21 Sold $465,000 +16.3% $223 / Sq Ft
07/19/2021 07/19/21 Pending -- -- --
07/16/2021 07/16/21 For Sale $399,900 -- $191 / 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 $7,553 $225,810 $0 $0
2023 $7,247 $209,430 $0 $0
2022 $7,860 $198,990 $0 $0
2021 $5,258 $191,470 $0 $0
2020 $4,404 $185,770 $0 $0
2019 $3,479 $178,310 $0 $0
2018 $5,039 $165,920 $0 $0
2017 $5,015 $165,920 $0 $0
2016 $5,031 $154,310 $0 $0
2015 -- $146,410 $0 $0
2014 -- $129,640 $0 $0
2011 -- $111,460 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2210054947

Realcomp

APN: 24-01-254-015