NOT LISTED FOR SALE

27309 Lorenz St Madison Heights, MI 48071

Estimated Value: $306,814 - $351,000

3 Beds
2.5 Baths
1,686 Sq Ft
$193/Sq Ft Est. Value

Last Sold June 17, 2022

Last sale price $286,000 $170 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,289/month

23 Days on Market

Highlights

  • Corner Lot
  • Covered Patio or Porch
  • South/West Shading
  • No HOA
  • 2 Car Detached Garage
  • 3-minute walk to Exchange Park

About This Home

As of June 2022

Situated on a corner lot this 3-bedroom 2.5 bath bungalow features many recent upgrades and includes a possible In-law suite upstairs. New kitchen cabinets and granite counter tops in 2019 along with all stainless-steel appliances. Spacious living room with a door-wall to the backyard. A formal dining room as well! Two bedrooms and one full bath are located on the main floor. Upstairs is the second kitchen and master bedroom/bath. The master bath was recently remodeled in 2019 with a tile walk-in shower. There is also an office on the second floor. The basement features lots of finished space with a large family room that includes a natural wood-burning fireplace. A half bath is also located in the basement. Other recent updates include roof (2015), furnace/AC in (2010), and hot water heater (2017). The home has a large solar system that powers a battery backup and greatly reduces the monthly electric bills. Out back is also the detached garage. The yard includes many fruit trees!

Last Agent to Sell the Property

Brandon Rowley

Realty Executives Main St LLC License #6501397411 Listed on: 04/25/2022

Realty Executives Main St LLC

Last Buyer's Agent

Brittany Valensky

Quest Realty LLC License #6501379860

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1957 | Remodeled in 2019

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 80.00x117.00x80.00x117.00
  • Corner Lot
  • Level Lot

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 1,686 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • South/West Shading

Kitchen

  • Free-Standing Electric Range
  • Microwave
  • Free-Standing Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Basement

  • Fireplace in Basement
  • Natural lighting in basement

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater
  • High Speed Internet

Additional Features

  • Covered Patio or Porch
  • Ground Level

Community Details

  • No Home Owners Association
  • Tuxedo Park Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2513355033

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,413

Year Built

Built in 1957 | Remodeled in 2019

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Year Built: 1957
  • State Equalized Value: 100770.0000
  • Year Renovated: 2019
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: High Spd Internet Avail
  • Fireplace: Yes
  • Fireplace Fuel: Natural
  • Fireplace Locations: Basement
  • Room Count: 13
  • Total Bedrooms: 3
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Daylight
  • Kitchen Appliances: Dishwasher, Dryer, Free-Standing Electric Range, Free-Standing Freezer, Free-Standing Refrigerator, Microwave, Washer
  • Sq Ft Combined: 2386
  • Sq Ft Lower Floor: 700
  • Total Sq Ft: 1686
  • Sq Ft Total Bsmt: 900

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Aluminum, Brick
  • Foundation Materials: Block
  • Frontage Feet: 80
  • Porch Type: Porch - Covered, Porch
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Door Opener, Side Entrance, Detached
  • Garage: Yes

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Madison (Madison Hts.)

Lot Info

  • Homestead: Yes
  • Lot Features: Corner Lot, Level, South/West Shading
  • Lot Size Area: 0.22
  • Lot Dimensions: 80.00X117.00x80.00x117.00
  • Parcel Number: 2513355033

Tax Info

  • Tax Amount Summer: 2219.0000
  • Tax Amount Winter: 194.0000
  • Total Tax: 2413.0000
  • Taxable Value: 51190.0000

MLS Schools

  • School District: Madison (Madison Hts.)

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 13, 2024
Sold by
Johnson Nicholas
Bought by
Black Brick Realty Llc and Barth
Current Estimated Value
$324,704

Purchase Details

Listed on
Apr 25, 2022
Closed on
Jun 17, 2022
Sold by
Alan Sharp Lee
Bought by
Johnson Nicholas
Seller's Agent
Brandon Rowley
Realty Executives Main St LLC
Buyer's Agent
Brittany Valensky
Quest Realty LLC
List Price
$264,900
Sold Price
$286,000
Premium/Discount to List
$21,100
7.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.86%
Original Mortgage
$271,700
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 18, 2007
Sold by
The Richard J Wandell Revocable Trust and Wandell Richard J
Bought by
Sharp Lee Alan and Sharp Michelle Lynn

Purchase Details

Closed on
Jul 7, 2006
Sold by
Wandell Richard J
Bought by
Wandell Richard J and Richard J Wandell Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,000
Interest Rate
6.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 6, 2006
Sold by
Wandell Richard J and Richard J Wandell Revocable Tr
Bought by
Wandell Richard J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,000
Interest Rate
6.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 21, 2005
Sold by
Wandell Richard J
Bought by
Wandell Richard J and Richard J Wandell Revocable Trust

Purchase Details

Closed on
Aug 6, 2004
Sold by
Wandell Alton and Wandell Richard
Bought by
Wandell Richard

Purchase Details

Closed on
Oct 7, 2003
Sold by
Wandell Mary Z and Wandell Alton L
Bought by
Wandell Mary Z and Wandell Alton
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
Black Brick Realty Llc -- None Listed On Document
Black Brick Realty Llc -- None Listed On Document
Johnson Nicholas $286,000 None Listed On Document
Johnson Nicholas $286,000 None Listed On Document
Sharp Lee Alan $130,000 Title One Inc
Wandell Richard J -- First American Title
Wandell Richard J -- First American Title
Wandell Richard J -- --
Wandell Richard $100,000 Title Michigan Agency Ltd
Wandell Mary Z -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Johnson Nicholas $271,700
Previous Owner Wandell Richard J $127,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/17/2022 06/17/22 Sold $286,000 +8.0% $170 / Sq Ft
05/19/2022 05/19/22 Pending -- -- --
04/25/2022 04/25/22 For Sale $264,900 -- $157 / 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 $6,866 $143,050 $0 $0
2023 $5,466 $128,600 $0 $0
2022 $2,475 $111,430 $0 $0
2021 $2,412 $100,770 $0 $0
2020 $2,290 $92,550 $0 $0
2019 $2,482 $84,700 $0 $0
2018 $2,448 $70,890 $0 $0
2017 $2,375 $70,890 $0 $0
2016 $2,252 $63,730 $0 $0
2015 -- $55,340 $0 $0
2014 -- $47,300 $0 $0
2011 -- $58,030 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2220029482

Realcomp

APN: 25-13-355-033