$270,000
SOLD JAN 12, 2021

18240 Coral Gables Ave Lathrup Village, MI 48076

4 Beds
1.5 Baths
1,738 Sq Ft
0.3 Acres

Recently Sold

$155 Per Sq Ft

9% Below List Price

92 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Enclosed patio or porch
  • Corner Lot
  • 2 Car Direct Access Garage
  • Fireplace in Basement

About This Home

As of May 2022

Beautiful, historic home, located in desirable Lathrup Village. Tons of potential in this unique house, featuring refinished hardwood floors throughout, and a natural wood burning fireplace in the family room. Newly updated kitchen cabinets with calacatta quartz counters, and new stainless steel appliances. Bright sun room off the kitchen, with two skylights, to enjoy a sunny afternoon. French doors leading from the master bedroom to a Juliette balcony. Wood, casement style windows throughout. Cozy basement rec room with fireplace. Fenced back yard. The two-car, attached garage has stairs going to an attic / storage area. The Seller is a licensed Michigan real estate agent.

Last Agent to Sell the Property

Marilyn Rubin

KW Domain License #6501422817 Listed on: 09/03/2020

KW Domain

Last Buyer's Agent

Erik Elsea

Real Estate One-Rochester License #6501398938

Real Estate One-Rochester

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1931 | Remodeled in 2020

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 86 x 162 x 75 x 161
  • Fenced
  • Corner Lot
  • Historic Home

Parking

  • 2 Car Direct Access Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof
  • Stucco

Interior Spaces

  • 1,738 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Family Room with Fireplace
  • Finished Basement
  • Fireplace in Basement

Kitchen

  • Free-Standing Electric Oven
  • <<microwave>>
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Natural Gas Water Heater

Additional Features

  • Enclosed patio or porch
  • Ground Level

Listing and Financial Details

  • Assessor Parcel Number 2423227023
  • $10,000 Seller Concession

Community Details

Overview

  • No Home Owners Association
  • Louise Lathrup's California Bungalow Sub No 4 Subdivision

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,370

Year Built

Built in 1931 | Remodeled in 2020

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial, Historic
  • Architecture Level: 2 Story
  • Year Built: 1931
  • State Equalized Value: 101110.0000
  • Year Renovated: 2020
  • Entry Location: Ground Level w/Steps
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Fireplace: Yes
  • Fireplace Fuel: Natural
  • Fireplace Locations: Basement, Family Room
  • Room Count: 14
  • Total Bedrooms: 4
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished
  • Kitchen Appliances: Dishwasher, Dryer, Microwave, Free-Standing Electric Oven, Free-Standing Refrigerator, Washer
  • Sq Ft Combined: 2498
  • Sq Ft Lower Floor: 760
  • Total Sq Ft: 1738
  • Sq Ft Total Bsmt: 760

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick, Stucco
  • Exterior Features: Fenced
  • Foundation Materials: Block
  • Frontage Feet: 86
  • Porch Type: Porch, Porch - Enclosed
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Attached, Direct Access
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s)
  • Heating: Radiant
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: Yes

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Southfield Public Schools

Lot Info

  • List Price per Acre: 890000.0000
  • Lot Features: Corner Lot
  • Lot Size Area: 0.30
  • Lot Dimensions: 86 X 162 X 75 X 161
  • Parcel Number: 2423227023

Tax Info

  • Tax Amount Summer: 4716.5400
  • Tax Amount Winter: 653.0000
  • Total Tax: 5369.5400
  • Taxable Value: 101110.0000

MLS Schools

  • School District: Southfield Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2022
Closed on
May 13, 2022
Sold by
Nielson Amanda L
Bought by
Almon Lanny H
Seller's Agent
Bruno Tabbi
Worldwide Realty & Investment
Buyer's Agent
No Member
Non Member Sales
List Price
$349,900
Sold Price
$302,000
Premium/Discount to List
-$47,900
-13.69%
Current Estimated Value
$326,506

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,506
Avg. Annual Appreciation
1.99%
Original Mortgage
$286,900
Outstanding Balance
$273,940
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$47,560

Purchase Details

Listed on
Sep 3, 2020
Closed on
Jan 12, 2021
Sold by
C Rosemary Investments Llc
Bought by
Nielson Amanda L
Seller's Agent
Marilyn Rubin
KW Domain
Buyer's Agent
Erik Elsea
Real Estate One-Rochester
List Price
$297,000
Sold Price
$270,000
Premium/Discount to List
-$27,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.65%
Original Mortgage
$265,109
Interest Rate
2.67%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 8, 2019
Sold by
Fresh Start Homes Michigan 64 Llc
Bought by
C Rosemary Investments Llc

Purchase Details

Closed on
Aug 7, 2019
Sold by
Rosen Kathleen and Estate Of Catherine F Cochran
Bought by
Fresh Start Homes Michigan 64 Llc
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $302,000 None Listed On Document
Warranty Deed $270,000 First American Title Ins Co
Warranty Deed $150,000 None Available
Warranty Deed $130,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $286,900 New Conventional
Previous Owner $265,109 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2022 05/19/22 Sold $302,000 -13.7% $121 / Sq Ft
04/06/2022 04/06/22 Pending -- -- --
03/27/2022 03/27/22 For Sale $349,900 +29.6% $140 / Sq Ft
01/12/2021 01/12/21 Sold $270,000 +1.1% $155 / Sq Ft
12/05/2020 12/05/20 Pending -- -- --
10/30/2020 10/30/20 Price Changed $267,000 -4.3% $154 / Sq Ft
09/22/2020 09/22/20 Price Changed $279,000 -6.1% $161 / Sq Ft
09/03/2020 09/03/20 For Sale $297,000 -- $171 / 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 $6,312 $144,920 $0 $0
2023 $6,171 $130,480 $0 $0
2022 $5,696 $123,710 $0 $0
2021 $5,693 $110,360 $0 $0
2020 $4,717 $101,110 $0 $0
2019 $3,406 $97,200 $0 $0
2018 $3,482 $90,420 $0 $0
2017 $3,438 $84,540 $0 $0
2016 $3,437 $79,020 $0 $0
2015 -- $70,710 $0 $0
2014 -- $61,020 $0 $0
2011 -- $58,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2200072361

Realcomp

APN: 24-23-227-023