NOT LISTED FOR SALE

28482 Fairfax St Southfield, MI 48076

Estimated Value: $132,000 - $137,000

2 Beds
1 Bath
720 Sq Ft
$188/Sq Ft Est. Value

Last Sold November 22, 2023

Last sale price $94,000 $131 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $852/month

14 Days on Market

Highlights

  • Ranch Style House
  • Forced Air Heating System
  • Asbestos
  • No HOA
  • Dogs and Cats Allowed

About This Home

As of November 2023

Welcome to this cozy ranch in Southfield. Recently updated with fresh paint throughout, new carpet and padding, new window screens, and new LED ceiling lighting. Chimney liner was replaced in October, 2022. Fenced back yard. This home is perfect for a first time home buyer or a buy and hold investor. Cap rate is 10.2%.

Last Agent to Sell the Property

Danny Dedic

EXP Realty Main License #6501413713 Listed on: 11/03/2023

EXP Realty Main

Last Buyer's Agent

Loraine Gunderson

RED CARPET KEIM LAKE FOREST License #6501328487

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1954

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 50x112
  • Back Yard Fenced

Home Design

  • 720 Sq Ft Home
  • Ranch Style House
  • Block Foundation
  • Slab Foundation
  • Asphalt Roof
  • Asbestos

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Location

  • Ground Level

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Frederick B Gray's Southfield Woods Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2413233011

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,534

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Assessment: 181.00
  • Year Built: 1954
  • State Equalized Value: 50050.0000
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Cats OK, Dogs OK
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 6
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Kitchen Appliances: None (Appliances)
  • Sq Ft Combined: 720
  • Total Sq Ft: 720

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Slab
  • Construction Materials: Asbestos
  • Exterior Features: Fenced
  • Foundation Materials: Block
  • Frontage Feet: 50
  • Road Frontage Type: Paved
  • Sideof Street: E
  • Fencing: Back Yard, Fenced

Garage/Parking

  • Garage Size: No Garage

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Southfield Public Schools

Lot Info

  • Lot Size Area: 0.12
  • Lot Dimensions: 50x112
  • Parcel Number: 2413233011

Tax Info

  • Tax Amount Summer: 1290.0000
  • Tax Amount Winter: 244.0000
  • Total Tax: 1534.0000
  • Taxable Value: 20303.0000

MLS Schools

  • School District: Southfield Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 29, 2024
Sold by
Carlson Kristin
Bought by
Fitzpatrick Chase D and Carlson Matthew C
Current Estimated Value
$135,081

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,400
Outstanding Balance
$77,393
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$51,208

Purchase Details

Listed on
Nov 3, 2023
Closed on
Nov 22, 2023
Sold by
Preston Suburban Llc
Bought by
Carlson Kristin
Seller's Agent
Danny Dedic
EXP Realty Main
Buyer's Agent
Loraine Gunderson
RED CARPET KEIM LAKE FOREST
List Price
$100,000
Sold Price
$94,000
Premium/Discount to List
-$6,000
-6%
Views
94

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.86%

Purchase Details

Closed on
Sep 14, 1996
Sold by
Ransom Jack L
Bought by
Ransom Celia
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
Fitzpatrick Chase D $98,000 None Listed On Document
Carlson Kristin $94,000 None Listed On Document
Ransom Celia -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fitzpatrick Chase D $78,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2023 11/22/23 Sold $94,000 -6.0% $131 / Sq Ft
11/17/2023 11/17/23 Pending -- -- --
11/03/2023 11/03/23 For Sale $100,000 -- $139 / 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
2022 $3,039 $44,330 $13,140 $31,190
2021 $1,401 $37,500 $10,580 $26,920
2020 $1,146 $32,830 $8,140 $24,690
2018 $1,332 $26,830 $8,140 $18,690
2015 -- $21,590 $0 $0
2014 -- $17,270 $0 $0
2011 -- $20,980 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20230094035

Realcomp

APN: 24-13-233-011