NOT LISTED FOR SALE

255 W Farnum Ave Madison Heights, MI 48071

Estimated Value: $224,000 - $254,000

2 Beds
1 Bath
1,276 Sq Ft
$184/Sq Ft Est. Value

Last Sold March 14, 2016

Last sale price $106,900 $84 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $1,530/month

18 Days on Market

Highlights

  • Spa
  • Ranch Style House
  • Laundry Room
  • Deck
  • Fenced Yard
  • Shed

About This Home

As of March 2016

Truly an Impressive Home that is ideal for the First Time Home Buyer(s)! Here you will find Pride of Ownership, Quality Updates, and some Surprises not found in Homes of this type!! Attractively remodeled Oak Kitchen that is highlighted with Etched Glass Cabinets, Dual Stainless Steel Sink, Stainless Steel Appliances, and a generous Dining Space. Spacious Living Room with large Picture Window, and is accented by Wood Crown Molding. Larger than normal Master Bdrm that features a (10X6) Walk-in Closet! Sharply updated Full Bath with Ceramic Tile Floor and Custom Ceramic Tile in Shower enclosure. Updated Vinyl Windows throughout! For those "Tech-minded" Buyers, a "CAT 6" Home Wired Network"! Don't worry about storage space! An additional 400 sqft of Storage Space was added in the Attic Area along with improved Blown-in Insulation, 2015. Family Room with Stone Fireplace and a Door Wall to Private Backyard! Two Tiered Deck with a Hot Tub for Summer time FUN! Large Shed with electricity!

Last Agent to Sell the Property

Rickey Busler

RE/MAX First License #MISPE-6506016922 Listed on: 01/13/2016

RE/MAX First

Last Buyer's Agent

. Non Mls Member

NON MLS Member License #MISPE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,450

Year Built

  • Built in 1956

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 50x110
  • Fenced Yard

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,276 Sq Ft Home
  • Ceiling Fan
  • Gas Fireplace
  • Family Room with Fireplace

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Deck
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Internet Available

Community Details

  • Max Spoon Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2514431007

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,450

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Ranch
  • Structure Style: 1 Story
  • Year Built: 1956
  • Mail City: Madison Heights
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable/Internet Avail.
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Fireplaces: FamRoom Fireplace, Gas Fireplace
  • Bedrooms: 2
  • Bedroom 1: On Entry Level, Dimensions: 16 x 10
  • Bedroom 1 Floor Covering: Carpet
  • Bedroom 2: On Entry Level, Dimensions: 10 x 11
  • Bedroom 2 Floor Covering: Carpet
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Bathroom 1: Dimensions: 6 x 5, On Level: Entry, Flooring: Ceramic
  • Room Types: Family Room, Utility/Laundry Room
  • Family Room: On Entry Level, Dimensions: 22 x 10
  • Family Room Floor Covering: Carpet
  • Kitchen: On Entry Level, Dimensions: 12 x 10
  • Kitchen Floor Covering: Laminate
  • Living Room: On Entry Level, Dimensions: 13 x 12
  • Living Room Floor Covering: Laminate
  • Other Room1: Dimensions: 10x6, On Level: Entry, Flooring: Carpet
  • Above Grade Finished Sq Ft: 1276
  • Total Finished Sq Ft: 1276

Exterior Features

  • Exterior: Brick, Vinyl Siding
  • Exterior Features: Deck, Fenced Yard, Spa/Hot Tub, Street Lights
  • Foundation: Slab
  • Frontage: 50
  • Road: Paved Street
  • Sideof Street: S
  • Out Buildings: Shed

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water
  • Water Heater: Gas
  • Cooling: Ceiling Fan(s), Central A/C

Lot Info

  • Assessor Parcel Number: 2514431007
  • Zoning: Residential
  • Lot Dimensions: 50X110
  • Acreage: 0.13
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Amount: $1,280.00
  • Winter Tax: Amount: $170.00

MLS Schools

  • School District: Madison Public Schools (Oakland)

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2016
Closed on
Mar 14, 2016
Sold by
Allen Ryan G
Bought by
Aubry Jake
Seller's Agent
Rickey Busler
RE/MAX First
Buyer's Agent
. Non Mls Member
NON MLS Member
List Price
$111,700
Sold Price
$106,900
Premium/Discount to List
-$4,800
-4.3%
Current Estimated Value
$235,199

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,299
Avg. Annual Appreciation
8.53%
Original Mortgage
$104,963
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Listed on
Sep 8, 2013
Closed on
Oct 29, 2013
Sold by
Voisin Ii John J and Voisin Misty
Bought by
Allen Ryan G
Seller's Agent
Cheryl Kilinski
RE/MAX Vision
Buyer's Agent
Rickey Busler
RE/MAX First
List Price
$85,000
Sold Price
$81,000
Premium/Discount to List
-$4,000
-4.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.36%
Original Mortgage
$76,950
Interest Rate
4.24%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 4, 2009
Sold by
Secretary Of Housing & Urban Development
Bought by
Voisin Ii John J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,145
Interest Rate
5.29%
Mortgage Type
FHA

Purchase Details

Closed on
May 7, 2007
Sold by
Abn Amro Mortgage Group Inc
Bought by
Hud

Purchase Details

Closed on
Oct 31, 2006
Sold by
Romano Nicholas and Willhite Katherine
Bought by
Abn Amro Mortgage Group Inc

Purchase Details

Closed on
Aug 8, 2001
Sold by
Barnard Gene R
Bought by
Romano Nicholas S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
7.23%
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
Aubry Jake $106,900 Liberty Title
Allen Ryan G $81,000 Liberty Title
Voisin Ii John J $29,500 None Available
Hud -- None Available
Abn Amro Mortgage Group Inc $132,411 None Available
Romano Nicholas S $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aubry Jake $522,000
Closed Aubry Jake $104,963
Previous Owner Allen Ryan G $76,950
Previous Owner Voisin Ii John J $42,925
Previous Owner Voisin Ii John Joseph $31,145
Previous Owner Romano Nicholas S $114,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2016 03/14/16 Sold $106,900 -4.3% $84 / Sq Ft
01/31/2016 01/31/16 Pending -- -- --
01/13/2016 01/13/16 For Sale $111,700 +37.9% $88 / Sq Ft
10/29/2013 10/29/13 Sold $81,000 -4.7% $63 / Sq Ft
09/14/2013 09/14/13 Pending -- -- --
09/08/2013 09/08/13 For Sale $85,000 -- $67 / Sq Ft
Source: Michigan Multiple Listing Service

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 $2,988 $98,190 $0 $0
2023 $2,864 $91,850 $0 $0
2022 $3,426 $83,310 $0 $0
2021 $3,325 $80,530 $0 $0
2020 $2,759 $76,690 $0 $0
2019 $3,407 $70,600 $0 $0
2018 $3,302 $47,040 $0 $0
2017 $2,357 $47,040 $0 $0
2016 $1,456 $43,290 $0 $0
2015 -- $34,270 $0 $0
2014 -- $29,800 $0 $0
2011 -- $35,310 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31276053

Michigan Multiple Listing Service

APN: 25-14-431-007