NOT LISTED FOR SALE

26064 John R Rd Madison Heights, MI 48071

Estimated Value: $48,049 - $476,000

0.11 Acre
$1,934,200 Price per Acre
4,792 Sq Ft Lot

Last Sold May 11, 2016

Last sale price $24,000 $24 Per Sq Ft

Est. 787% increase in value since last sale

Current estimated payment $1,146/month

101 Days on Market

About This Lot

As of May 2016

Location, Location, Location 40’ frontage on John R zoned residential, surrounded by all commercial, 40’x119’ lot, package sale with separate agreements also includes vacant building(needs rehab) on attached commercial B-3 lot that was formerly a real estate office with one bedroom apartment above( MLS# 216003098), total frontage is 110’ on heavy traffic main road, excellent opportunity for many types of business, possible land contract terms, motivated seller, BATVAI, seller is licensed agent

Last Agent to Sell the Property

Randy Palmer

Palmer Realty Services LLC License #6502398245 Listed on: 01/11/2016

Last Buyer's Agent

Randy Palmer

Palmer Realty Services LLC License #6502398245 Listed on: 01/11/2016

Property Details

Property Type

  • Land

Est. Annual Taxes

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40x119

Utilities

  • Sewer in Street

Community Details

  • Groveland Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2524151007

Property Details

Property Type

Land

Est. Annual Taxes

$355

Lot Details

0

Listing Details

  • Property Type: Vacant Land
  • State Equalized Value: 5360.0000
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage Type: Paved

Utilities

  • Sewer: Sewer at Street
  • Water Source: Water at Street

Lot Info

  • List Price per Acre: 908181.8182
  • Lot Size Area: 0.11
  • Lot Dimensions: 40X119
  • Parcel Number: 2524151007
  • Zoning: Residential

Tax Info

  • Tax Amount Summer: 276.0000
  • Tax Amount Winter: 79.0000
  • Total Tax: 355.0000

MLS Schools

  • School District: Madison (Madison Hts.)

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2016
Closed on
Apr 25, 2016
Sold by
Palmer Randy
Bought by
Propriety Wealth Management Corp
Seller's Agent
Randy Palmer
Palmer Realty Services LLC
Buyer's Agent
Randy Palmer
Palmer Realty Services LLC
List Price
$110,000
Sold Price
$24,000
Premium/Discount to List
-$86,000
-78.18%
Current Estimated Value
$212,762

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$188,762
Avg. Annual Appreciation
25.91%

Purchase Details

Closed on
Sep 26, 2014
Sold by
Oakland County Treasurer
Bought by
Palmer Randy
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
Propriety Wealth Management Corp $24,000 None Available
Palmer Randy $20,113 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/11/2016 05/11/16 Sold $24,000 -78.2% $24 / Sq Ft
04/21/2016 04/21/16 Pending -- -- --
01/11/2016 01/11/16 For Sale $110,000 -- $109 / 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 $328 $11,070 $0 $0
2023 $315 $10,070 $0 $0
2022 $377 $8,760 $0 $0
2021 $366 $6,740 $0 $0
2020 $304 $5,620 $0 $0
2019 $382 $5,620 $0 $0
2018 $376 $5,360 $0 $0
2017 $366 $5,360 $0 $0
2016 $354 $5,360 $0 $0
2015 -- $5,360 $0 $0
2014 -- $5,360 $0 $0
2011 -- $31,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2016

    Randy Palmer

    Palmer Realty Services LLC

    (248) 301-2401

    3 in this area

    52 Total Sales

    Randy Palmer
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Map

Source: Realcomp

MLS Number: 216003088

Realcomp

APN: 25-24-151-007

Michigan Oakland County Madison Heights 48071

26064 John R Rd, Madison Heights, MI

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Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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