NOT LISTED FOR SALE

20969 Sherman Ave Southfield, MI 48033

Estimated Value: $110,109 - $132,000

2 Beds
1.5 Baths
1,043 Sq Ft
$359/mo HOA Fee

Last Sold July 19, 2022

Last sale price $70,000 $67 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $1,131/month

16 Days on Market

Highlights

  • Colonial Architecture
  • Forced Air Heating System
  • Laundry Facilities

About This Home

As of July 2022

LOCATION WITH OPPORTURNITY TO RENOVATE. SOUTHFIELD TOWNHOUSE IMMEDIATE OCCUPANCY! PERFECT FOR A BUYER WHO WANTS TO CREATE EQUITY OR FOR A CASH INVESTOR. NEEDS WORK & PRICED ACCORDINGLY TO SELL. 2 SPACIOUS BEDROOMS AND 1.1 BATHS. PRIVATE ENTRY-GATED COMMUNITY. PRIVATE UNFINISHED BASEMENT THAT WILL PROVIDE MORE LIVING SPACE WHEN FINISHED. ONE ASSIGNED SPACE IN CARPORT AND 1 ASSIGNED PARKING SPACE. BEAUTIFUL COMMUNITY. CONVENIENTLY LOCATED CLOSE TO FREEWAYS, SCHOOLS, SHOPPING, RESTAURANTS, AND MAIN STREET ACCESS TO 8 MILE, TELEGRAPH, & GRAND RIVER AVE ****HIGHEST & BEST OFFERS ARE DUE TUES 6/28/22 5PM****

Last Agent to Sell the Property

David Brooks

Detroit Real Estate Advisors, LLC License #6502410003 Listed on: 06/22/2022

Last Buyer's Agent

Darren Johnson

Johnson Premier Realty Co License #6501314852

Property Details

Home Type

  • Condominium

Est. Annual Taxes

Year Built

  • Built in 1972

Lot Details

  • 2.8

HOA Fees

  • $359 Monthly HOA Fees

Parking

  • Carport

Home Design

  • Colonial Architecture
  • Poured Concrete

Interior Spaces

  • 1,043 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 2 Bedrooms

Utilities

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

Additional Features

  • Property fronts a private road
  • Ground Level

Listing and Financial Details

  • Assessor Parcel Number 2433301061

Community Details

Overview

  • Vanessa Abbott Association, Phone Number (248) 652-8221
  • Southfield Estates Occpn 141 Subdivision

Amenities

  • Laundry Facilities

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$979

Year Built

Built in 1972

Lot Details

0

HOA Fees

$359 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Assessment: 4.00
  • Year Built: 1972
  • State Equalized Value: 39040.0000
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Room Count: 7
  • Total Bedrooms: 2
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: None (Appliances)
  • Sq Ft Combined: 1043
  • Total Sq Ft: 1043
  • Sq Ft Total Bsmt: 400

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Wood
  • Foundation Materials: Poured
  • Road Frontage Type: Private

Garage/Parking

  • Garage Size: No Garage
  • Garage Features: Carport

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Structure, Maintenance Grounds, Trash, Water
  • Association Fee Frequency: Monthly
  • Phone: 248-652-8221 ext. 118
  • Association Fee: 359
  • Association Contact: Vanessa Abbott
  • Association Fee: Yes

Schools

  • School District: Southfield Public Schools

Lot Info

  • Parcel Number: 2433301061

Tax Info

  • Tax Amount Summer: 860.0000
  • Tax Amount Winter: 119.0000
  • Total Tax: 979.0000
  • Taxable Value: 16480.0000

MLS Schools

  • School District: Southfield Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2022
Closed on
Jul 19, 2022
Sold by
Detroit Future City Real Estate Llc
Bought by
Patrick Karl
Seller's Agent
David Brooks
Detroit Real Estate Advisors, LLC
Buyer's Agent
Darren Johnson
Johnson Premier Realty Co
List Price
$79,900
Sold Price
$70,000
Premium/Discount to List
-$9,900
-12.39%
Current Estimated Value
$122,370

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,370
Avg. Annual Appreciation
18.75%

Purchase Details

Listed on
Jun 22, 2022
Closed on
May 23, 2022
Sold by
Debra Jones
Bought by
Detroit Future City Real Estate Llc
Seller's Agent
David Brooks
Detroit Real Estate Advisors, LLC
Buyer's Agent
Darren Johnson
Johnson Premier Realty Co
List Price
$79,900
Sold Price
$70,000
Premium/Discount to List
-$9,900
-12.39%
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
Patrick Karl $70,000 Embassy Title
Detroit Future City Real Estate Llc $50,000 Embassy Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/19/2022 07/19/22 Sold $70,000 -12.4% $67 / Sq Ft
07/08/2022 07/08/22 Pending -- -- --
06/22/2022 06/22/22 For Sale $79,900 -- $77 / 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
2022 $2,758 $40,650 $4,250 $36,400
2021 $979 $39,040 $4,250 $34,790
2020 $844 $33,470 $4,250 $29,220
2018 $1,008 $17,190 $4,250 $12,940
2015 -- $15,100 $0 $0
2014 -- $15,970 $0 $0
2011 -- $19,850 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20221009434

Realcomp

APN: 24-33-301-061