NOT LISTED FOR SALE

1747 E Madge Ave Hazel Park, MI 48030

Estimated Value: $203,000 - $317,239

4 Beds
3 Baths
1,864 Sq Ft
$141/Sq Ft Est. Value

Last Sold August 12, 2024

Last sale price $191,500 $103 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $2,015/month

21 Days on Market

About This Home

As of August 2024

This is an extremely rare Hazel Park brick multi-family. Centrally located in the Woodward corridor and near almost everything. This is a perfect opportunity for an investor and or owner-occupant who can live in one unit and rent the other. Offering a solid foundation to build on with a covered porch, generous backyard, driveway, and garage along with a full basement. 4 beds and 3 baths over two units round off a great offering.

Last Agent to Sell the Property

Sami Abdallah

RE/MAX City Centre License #6502377453 Listed on: 06/17/2024

RE/MAX City Centre

Last Buyer's Agent

Sharon Khousakoun

RE/MAX Eclipse License #6501407993

RE/MAX Eclipse

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1936

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 40x110

Parking

  • 1 Car Garage

Home Design

  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 3 Full Bathrooms
  • 1,864 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 2536429006
  • $11,490 Seller Concession

Community Details

Overview

  • 3 Units
  • Ford Oak Sub Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,249

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Level: 2 Story
  • Assessment: 307.00
  • Year Built: 1936
  • State Equalized Value: 73510.0000
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 1864

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block
  • Road Frontage Type: Paved

Garage/Parking

  • Garage: Yes
  • MF Parking: Garage
  • Total Parking Spaces: 1

Utilities

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

Lot Info

  • Lot Size Area: 0.10
  • Lot Dimensions: 40x110
  • Parcel Number: 2536429006
  • Zoning: Multi-Family, Residential

Tax Info

  • Tax Amount Summer: 3133.0000
  • Tax Amount Winter: 116.0000
  • Total Tax: 3249.0000
  • Taxable Value: 32650.0000

Multi Family

  • Number Of Units Total: 3

MLS Schools

  • School District: Hazel Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2024
Closed on
Aug 12, 2024
Sold by
Temple Homes Inc
Bought by
Atta Alex and Thabit Shahad
Seller's Agent
Sami Abdallah
RE/MAX City Centre
Buyer's Agent
Sharon Khousakoun
RE/MAX Eclipse
List Price
$179,900
Sold Price
$191,500
Premium/Discount to List
$11,600
6.45%
Views
89
Current Estimated Value
$263,060

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,560
Avg. Annual Appreciation
25.46%

Purchase Details

Closed on
Nov 29, 2023
Sold by
Sayyae Melvin J
Bought by
Temple Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
7.63%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 27, 2017
Sold by
Sayyae Malvin J and Sayyae Gloria L
Bought by
Sayyae Melvin J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Atta Alex -- Michigan Title Insurance Agenc
Atta Alex -- Michigan Title Insurance Agenc
Temple Homes Inc $100,000 Michigan Title Insurance Agenc
Temple Homes Inc $100,000 Michigan Title Insurance Agenc
Sayyae Melvin J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Temple Homes Inc $2,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/12/2024 08/12/24 Sold $191,500 +6.4% $103 / Sq Ft
07/08/2024 07/08/24 Pending -- -- --
06/17/2024 06/17/24 For Sale $179,900 -- $97 / 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
2025 $7,678 $95,720 $0 $0
2024 $7,441 $84,010 $0 $0
2023 $3,133 $73,510 $0 $0
2022 $3,103 $62,380 $0 $0
2021 $3,043 $57,050 $0 $0
2020 $2,977 $52,160 $0 $0
2019 $3,003 $46,270 $0 $0
2018 $2,932 $44,310 $0 $0
2017 $2,860 $41,900 $0 $0
2016 $2,851 $37,040 $0 $0
2015 -- $31,800 $0 $0
2014 -- $29,590 $0 $0
2011 -- $39,630 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sami Abdallah

    Seller's Agent in 2024

    Sami Abdallah

    RE/MAX

    (313) 681-5195

    1 in this area

    109 Total Sales

    Sami Abdallah
    Section Image
  • Sharon Khousakoun

    Buyer's Agent in 2024

    Sharon Khousakoun

    RE/MAX

    (734) 799-1727

    2 in this area

    95 Total Sales

    Sharon Khousakoun
    Section Image
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Map

Source: Realcomp

MLS Number: 20240042701

Realcomp

APN: 25-36-429-006

Michigan Oakland County Hazel Park 48030

1747 E Madge Ave, Hazel Park, MI

Not Listed for Sale

MultiFamily

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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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