NOT LISTED FOR SALE

172 George St Birmingham, MI 48009

Estimated Value: $581,000 - $723,000

0.12 Acre
$5,316,667 Price per Acre
5,227 Sq Ft Lot

Last Sold April 14, 2023

Last sale price $555,000 $393 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $4,026/month

103 Days on Market

About This Lot

As of April 2023

Your dream location is awaiting! This premiere lot is located on one of the most coveted streets in the heart of Birmingham, on a a quiet street across from Barnum park, and walking distance to downtown Birmingham's shops, restaurants and spas. A rare opportunity to build a custom home on George street, last lot like this available. Home is torn down, leaving you a vacant lot to custom design and build a stunning home. Don't miss your opportunity to build one of the most elegant, luxurious homes in Birmingham!

Last Agent to Sell the Property

Sandra Treboldi

DOBI Real Estate License #6501374050 Listed on: 11/30/2022

DOBI Real Estate

Co-Listed By

Kristen Patterson

DOBI Real Estate License #6501393322

Last Buyer's Agent

Dan Gutfreund

Signature Sotheby's International Realty Bham License #6501367800

Signature Sotheby's International Realty Bham

Property Details

Property Type

  • Land

Est. Annual Taxes

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 45 x 120

Utilities

  • Sewer in Street

Community Details

  • Lincoln Pierce Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1936254019

Property Details

Property Type

Land

Est. Annual Taxes

$8,507

Lot Details

0

Listing Details

  • Property Type: Vacant Land
  • State Equalized Value: 184920.0000
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage Feet: 45
  • Road Frontage Type: Paved

Utilities

  • Sewer: Sewer at Street
  • Water Source: Water at Street

Schools

  • School District: Birmingham

Lot Info

  • Lot Size Area: 0.12
  • Lot Dimensions: 45 x 120
  • Parcel Number: 1936254019
  • Zoning: Residential

Tax Info

  • Tax Amount Summer: 6769.0000
  • Tax Amount Winter: 1738.0000
  • Total Tax: 8507.0000
  • Taxable Value: 165990.0000

MLS Schools

  • School District: Birmingham

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 11, 2023
Sold by
Gerkis Con and Gerkis Sharon
Bought by
1844 Cole Street Llc
Current Estimated Value
$638,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Outstanding Balance
$971,060
Interest Rate
5%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$333,060

Purchase Details

Listed on
Nov 30, 2022
Closed on
Apr 14, 2023
Sold by
Heather Case Revocable Trust
Bought by
Gerkis Con and Gauci Sharon
Seller's Agent
Sandra Treboldi
DOBI Real Estate
Buyer's Agent
Dan Gutfreund
Signature Sotheby's International Realty Bham
List Price
$574,900
Sold Price
$555,000
Premium/Discount to List
-$19,900
-3.46%
Views
183

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.93%

Purchase Details

Listed on
Jan 29, 2022
Closed on
May 20, 2022
Sold by
Arnold George A
Bought by
Heather Case Revocable Trust
Seller's Agent
Sandra Treboldi
DOBI Real Estate
Buyer's Agent
. Non MLS Member
List Price
$629,000
Sold Price
$550,000
Premium/Discount to List
-$79,000
-12.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.03%

Purchase Details

Listed on
May 23, 2014
Closed on
Jul 3, 2014
Sold by
Smith Diana J and Clara L Smith Trust
Bought by
Arnold George A
Seller's Agent
Lisa Marie Bauer
RC Platinum Inc
Buyer's Agent
Maria Bardy
Coldwell Banker Weir Manuel-Bir
List Price
$375,000
Sold Price
$350,000
Premium/Discount to List
-$25,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.89%
Original Mortgage
$350,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 6, 1999
Sold by
Smith Richard C
Bought by
Clara L Smith Tr
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
1844 Cole Street Llc -- Devon Title
1844 Cole Street Llc -- Devon Title
Gerkis Con $555,000 None Listed On Document
Heather Case Revocable Trust $550,000 None Listed On Document
Arnold George A $350,000 None Available
Clara L Smith Tr -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1844 Cole Street Llc $1,000,000
Closed 1844 Cole Street Llc $1,000,000
Previous Owner Arnold George A $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2023 04/14/23 Sold $555,000 -3.5% $393 / Sq Ft
03/13/2023 03/13/23 Pending -- -- --
11/30/2022 11/30/22 For Sale $574,900 +4.5% $407 / Sq Ft
05/26/2022 05/26/22 Sold $550,000 -8.2% $389 / Sq Ft
05/20/2022 05/20/22 Pending -- -- --
03/31/2022 03/31/22 Price Changed $599,000 -4.8% $424 / Sq Ft
01/29/2022 01/29/22 For Sale $629,000 +79.7% $445 / Sq Ft
07/03/2014 07/03/14 Sold $350,000 -6.7% $248 / Sq Ft
05/28/2014 05/28/14 Pending -- -- --
05/23/2014 05/23/14 For Sale $375,000 -- $265 / 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 $7,518 $184,920 $0 $0
2023 $7,534 $184,920 $0 $0
2022 $8,560 $184,920 $0 $0
2021 $8,344 $171,030 $0 $0
2020 $6,617 $171,030 $0 $0
2019 $8,198 $171,030 $0 $0
2018 $8,016 $171,030 $0 $0
2017 $8,118 $209,750 $0 $0
2016 $8,134 $198,220 $0 $0
2015 -- $184,930 $0 $0
2014 -- $161,440 $0 $0
2011 -- $124,530 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20221065010

Realcomp

APN: 19-36-254-019