NOT LISTED FOR SALE

1620 Silverbell Rd Rochester, MI 48306

Estimated Value: $386,000 - $428,000

2.42 Acres
$168,182 Price per Acre
105,415 Sq Ft Lot

Last Sold February 28, 2020

Last sale price $202,000 $70 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $2,215/month

About This Lot

As of February 2020

Beautiful 2.5 Acre tree lined lot elevated higher than most along the "Billion Dollar Mile" on Silverbell Rd. Current structure on property to be demolished prior to closing has walk out basement and septic field. Awaiting the right buyer before demolition starts so buyer can decide if walk out basement and septic stay on property or demolished. Please include buyers request in offer. Photos of previous home included for example only.

Last Agent to Sell the Property

Jamie Begin

Coldwell Banker Professionals License #MISPE-6506048366 Listed on: 01/20/2020

Coldwell Banker Professionals

Last Buyer's Agent

Jamie Begin

Coldwell Banker Professionals License #MISPE-6506048366 Listed on: 01/20/2020

Coldwell Banker Professionals

Property Details

Property Type

  • Land

Lot Details

  • 2.42 Acre Lot
  • Lot Dimensions are 175x445

Utilities

  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 10-28-376-027

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: VACANT LAND
  • Type Of Property: Vacant Land
  • Style: Vacant Land
  • Total Tax Amount: 5306
  • Mail City: Rochester
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage: 175
  • Frontage Type: Road

Utilities

  • Sewer/Septic System: Septic

Schools

  • School District: Rochester Community School District

Lot Info

  • Assessor Parcel Number: 10-28-376-027
  • Acreage: 2.42
  • Zoning: Residential
  • Lot Size: 175x445
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2018, Amount: $3,479.00
  • Winter Tax: Year: 2018, Amount: $1,827.00
  • Total Tax: Amount: $5,306.00

MLS Schools

  • School District: Rochester Community School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2020
Closed on
Feb 28, 2020
Sold by
Shwayhat Mazin
Bought by
Richardson Jeffrey Allen and Richardson Jane Margaret
Seller's Agent
Jamie Begin
Coldwell Banker Professionals
Buyer's Agent
Jamie Begin
Coldwell Banker Professionals
List Price
$275,000
Sold Price
$202,000
Premium/Discount to List
-$73,000
-26.55%
Current Estimated Value
$407,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$205,000
Avg. Annual Appreciation
13.15%

Purchase Details

Closed on
Apr 20, 2018
Sold by
Shwayhat Nazir
Bought by
Shwayhat Mazin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$445,884
Interest Rate
4.46%
Mortgage Type
VA

Purchase Details

Listed on
Jul 22, 2015
Closed on
Nov 4, 2015
Sold by
Milliron Marilyn M and Milliron Keith
Bought by
Shwayhat Nazir
Seller's Agent
Karen Mendrygal
Real Estate One-Roch
Buyer's Agent
Ayman Alamat
Keller Williams Realty Central
List Price
$406,000
Sold Price
$379,000
Premium/Discount to List
-$27,000
-6.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.72%
Original Mortgage
$360,050
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 25, 1999
Sold by
Dale Lawrence B
Bought by
Milliron Keith

Purchase Details

Closed on
Jul 30, 1998
Sold by
Egerdal James M
Bought by
Dale Lawrecne B
Source: Public Records

Range of Values:

Collateral Analytics

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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
Richardson Jeffrey Allen $202,000 Fidelity National Title
Shwayhat Mazin $436,500 Sterling Title Agency
Shwayhat Nazir $379,000 None Available
Milliron Keith $385,000 --
Dale Lawrecne B $415,250 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shwayhat Mazin $445,884
Previous Owner Shwayhat Nazir $360,050
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/28/2020 02/28/20 Sold $202,000 -19.2% $70 / Sq Ft
02/17/2020 02/17/20 Pending -- -- --
02/05/2020 02/05/20 Price Changed $249,900 -9.1% $87 / Sq Ft
01/20/2020 01/20/20 For Sale $275,000 -27.4% $96 / Sq Ft
11/05/2015 11/05/15 Sold $379,000 -6.7% $132 / Sq Ft View Prior Sale
09/30/2015 09/30/15 Pending -- -- --
07/22/2015 07/22/15 For Sale $406,000 -- $142 / Sq Ft
Source: Michigan Multiple Listing Service

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 $970 $63,200 $0 $0
2023 $933 $57,460 $0 $0
2022 $1,381 $54,720 $0 $0
2021 $1,823 $54,720 $0 $0
2020 $767 $66,000 $0 $0
2019 $6,126 $231,040 $0 $0
2018 $5,307 $221,250 $0 $0
2017 $5,225 $214,240 $0 $0
2016 $5,198 $189,010 $0 $0
2015 -- $175,140 $0 $0
2014 -- $156,120 $0 $0
2011 -- $134,460 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jamie Begin

    Seller's Agent in 2020

    Jamie Begin

    Coldwell Banker Professionals

    (877) 667-0161

    54 Total Sales

    Jamie Begin
    Section Image

  • K

    Seller's Agent in 2015

    Karen Mendrygal

    Real Estate One-Roch

  • A

    Buyer's Agent in 2015

    Ayman Alamat

    Keller Williams Realty Central

See All Agents

Map

Source: Michigan Multiple Listing Service

MLS Number: 50003907

Michigan Multiple Listing Service

APN: 10-28-376-027

Michigan Oakland County Rochester 48306

1620 Silverbell Rd, Rochester, MI

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Michigan Multiple Listing Service Source MLS: MiRealSource
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