NOT LISTED FOR SALE

24412 Southfield Rd Southfield, MI 48075

Estimated Value: $127,742 - $211,000

0.43 Acre
$393,886 Price per Acre
18,731 Sq Ft Lot

Last Sold April 08, 2024

Last sale price $115,000

Est. 47% increase in value since last sale

Current estimated payment $1,112/month

965 Days on Market

About This Lot

As of April 2024

Great Commercial Lot! It has 3 sided street frontage. O2 Zoned it is on the East side of Southfield road, and runs from Stratford Dr. on the North side and to Silver Maple on the South side. Excellent traffic exposure. The lot has 18,295 square feet. A great deel of traffic on Southfield Road. Only 4 streets south of 10 Mile road and close to I696 as well as M-10, Lodge. POSSIBLE LAND CONTRACT

Last Listed By

Lance Shamoo

Coldwell Banker Metro Real Estate License #6501409601 Listed on: 07/26/2021

Coldwell Banker Metro Real Estate

Property Details

Property Type

  • Land

Lot Details

  • 0.43 Acre Lot
  • Lot Dimensions are 143x132x142x132
  • Dirt Road
  • Property is zoned Commercial, Multi-Family, Multiple, Office

Utilities

  • Sewer in Street

Community Details

  • Cottage Park Sub No 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2425151020

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Vacant Land
  • State Equalized Value: 65910.0000
  • Special Features: RealEstateOwned
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage Type: Gravel, Paved, Dirt
  • Sideof Street: NE

Utilities

  • Sewer: 3rd Party Unknown, Sewer at Street
  • Water Source: Water at Street, Well-Needed

Schools

  • School District: Southfield Public Schools

Lot Info

  • Lot Size Area: 0.43
  • Lot Dimensions: 143x132x142x132
  • Parcel Number: 2425151020
  • Soil Type: Dirt, Soil, Paved
  • Zoning: Commercial, Multi-Family, Multiple, Office
  • PERK: Yes

Rental Info

  • Deposit Amount: 50000.00

Tax Info

  • Tax Amount Summer: 3735.0000
  • Tax Amount Winter: 755.0000
  • Total Tax: 4490.0000
  • Taxable Value: 59540.0000

MLS Schools

  • School District: Southfield Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2021
Closed on
Apr 8, 2024
Sold by
S N R Enterprises Llc
Bought by
Imi Ventures Llc
Seller's Agent
Lance Shamoo
Coldwell Banker Metro Real Estate
Buyer's Agent
Shadi Sobh
EXP Realty Main
List Price
$159,000
Sold Price
$115,000
Premium/Discount to List
-$44,000
-27.67%
Total Days on Market
965
Views
416
Current Estimated Value
$169,371

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,371
Avg. Annual Appreciation
41.29%

Purchase Details

Closed on
Nov 3, 2000
Sold by
Lamantia Frank E
Bought by
Alobaidi Saadie

Purchase Details

Closed on
Jul 1, 1998
Sold by
Lamantia Marion C
Bought by
Lamantia Frank

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
Imi Ventures Llc $115,000 Devon Title
Alobaidi Saadie $65,000 --
Lamantia Frank -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed S N R Enterprises Llc $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2024 04/08/24 Sold $115,000 -22.8% --
03/18/2024 03/18/24 Pending -- -- --
02/21/2024 02/21/24 Price Changed $149,000 -6.3% --
01/25/2024 01/25/24 For Sale $159,000 0.0% --
12/20/2023 12/20/23 Pending -- -- --
10/31/2023 10/31/23 Price Changed $159,000 -5.9% --
09/14/2023 09/14/23 Price Changed $169,000 -3.4% --
11/06/2022 11/06/22 Price Changed $175,000 -2.2% --
09/27/2022 09/27/22 Price Changed $179,000 -5.3% --
08/08/2022 08/08/22 Price Changed $189,000 -5.5% --
07/13/2022 07/13/22 Price Changed $199,900 -12.7% --
07/01/2022 07/01/22 Price Changed $229,000 -8.0% --
05/05/2022 05/05/22 Price Changed $249,000 -11.0% --
11/02/2021 11/02/21 Price Changed $279,900 -6.7% --
07/26/2021 07/26/21 For Sale $299,999 -- --
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 $2,435 $45,740 $45,740 $0
2021 $2,641 $39,820 $39,820 $0
2020 $3,735 $65,910 $65,910 $0
2018 $3,842 $64,680 $64,680 $0
2015 -- $55,440 $0 $0
2014 -- $55,440 $0 $0
2011 -- $55,440 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2210060115

Realcomp

APN: 24-25-151-020