NOT LISTED FOR SALE

25 Wellesley Dr Pleasant Ridge, MI 48069

Estimated Value: $420,887 - $476,000

4 Beds
2 Baths
1,913 Sq Ft
$238/Sq Ft Est. Value

Last Sold September 23, 2021

Last sale price $365,000 $191 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $3,297/month

46 Days on Market

Highlights

  • Covered Patio or Porch
  • Forced Air Heating and Cooling System
  • High Speed Internet
  • Bungalow
  • Garage
  • 5-minute walk to Gainsboro Park

About This Home

As of September 2021

Rare, Multi-family building in historic Pleasant Ridge. Live in one and rent the other...rent both? Beautiful home on a gorgeous tree lined street, located just steps from parks, pool, fitness center, community gardens and dog park. Updated kitchen and bathrooms are features of both units. Main level has an in-unit washer/dryer and there is an additional washer/dryer in basement. First floor: Natural fireplace in living room and hardwood floors, window seat in dining room and first floor stackable washer & dryer. Primary bedroom has bonus room which can serve as office or TV room. Upper level: updated kitchen includes marble-tiled flooring, mosaic back splash, granite counters and stainless-steel appliances. There are 2 meters, 2 HVAC units, 2 hot water tanks, 1 water meter and 1 electric box. There is a separate back stairs to basement and also includes 2 cedar closets. Newer garage. Enjoy Pleasant Ridge amenities: Community Center with pool and fitness center. CLB.EXCL.

Last Agent to Sell the Property

Robert Campbell

Max Broock, REALTORS®-Birmingham License #6501304530 Listed on: 07/08/2021

Max Broock, REALTORS®-Birmingham

Last Buyer's Agent

Robert Campbell

Max Broock, REALTORS®-Birmingham License #6501304530 Listed on: 07/08/2021

Max Broock, REALTORS®-Birmingham

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1923

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 39.00x109.00
  • Fenced

Home Design

  • Bungalow
  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2 Full Bathrooms
  • 1,913 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Parking

  • Garage
  • On-Street Parking
  • Assigned Parking

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2527103031

Community Details

Overview

  • 2 Units
  • Hamilton Woods Sub Subdivision
  • Swim Association

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,811

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Bungalow
  • Architecture Level: 2 Story
  • Year Built: 1923
  • State Equalized Value: 123700.0000
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished, Common
  • Sq Ft Combined: 1913
  • Total Sq Ft: 1913
  • Sq Ft Total Bsmt: 1036

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Exclusions: Yes
  • Exterior Features: Lighting, Fenced
  • Foundation Materials: Block
  • Porch Type: Porch - Covered, Porch
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • MF Parking: Garages, Assigned Spaces, On Street

Utilities

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

Schools

  • School District: Ferndale

Lot Info

  • Lot Size Area: 0.10
  • Lot Dimensions: 39.00X109.00
  • Parcel Number: 2527103031
  • Zoning: Residential
  • Percent Homestead Exempt: Yes

Rental Info

  • Rent Includes: Trash Collection (Garbage Pickup)
  • Legal Rental Certified: Yes

Tax Info

  • Tax Amount Summer: 3660.0000
  • Tax Amount Winter: 151.0000
  • Total Tax: 3811.0000
  • Taxable Value: 81650.0000

Multi Family

  • Waterfront Features: Swim Association
  • Number Of Units Total: 2
  • Unit Count: 2
  • Number of Two Bedroom Units: 2

MLS Schools

  • School District: Ferndale

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2021
Closed on
Sep 23, 2021
Sold by
Donald Stewart and Woll Jessica R
Bought by
Two Diamonds Llc
Seller's Agent
Robert Campbell
Max Broock, REALTORS®-Birmingham
Buyer's Agent
Robert Campbell
Max Broock, REALTORS®-Birmingham
List Price
$350,000
Sold Price
$365,000
Premium/Discount to List
$15,000
4.29%
Current Estimated Value
$454,472

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,472
Avg. Annual Appreciation
5.07%

Purchase Details

Closed on
Apr 1, 2004
Sold by
Gordon Michael and Gordon Catharine M
Bought by
Stewart Donald and Woll Jessica R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,330
Interest Rate
5.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 21, 2001
Sold by
Ball David G
Bought by
Gordon Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,000
Interest Rate
6.92%
Mortgage Type
Purchase Money Mortgage
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
Two Diamonds Llc $365,000 Capital Title Ins Agcy Inc
Stewart Donald $203,700 First American Title
Gordon Michael $170,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stewart Donald $184,600
Previous Owner Stewart Donald $183,330
Previous Owner Gordon Michael $151,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2021 09/23/21 Sold $365,000 +4.3% $191 / Sq Ft
08/24/2021 08/24/21 Pending -- -- --
07/08/2021 07/08/21 For Sale $350,000 -- $183 / 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 $9,848 $158,430 $0 $0
2023 $9,406 $155,170 $0 $0
2022 $9,226 $141,600 $0 $0
2021 $3,845 $134,140 $0 $0
2020 $3,660 $123,700 $0 $0
2019 $3,736 $119,020 $0 $0
2018 $3,658 $118,480 $0 $0
2017 $4,991 $117,980 $0 $0
2016 $4,985 $110,350 $0 $0
2015 -- $96,170 $0 $0
2014 -- $84,640 $0 $0
2011 -- $74,940 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2210051983

Realcomp

APN: 25-27-103-031