RENTED FEB 27, 2025

286 E 13 Mile Rd Unit 101 Madison Heights, MI 48071

Estimated Value: $133,000 - $143,000

2 Beds
1 Bath
1,093 Sq Ft
$225/mo HOA Fee

Last Sold December 17, 2024

Last sale price $128,000 $117 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $1,164/month

Highlights

  • Ranch Style House
  • Ground Level Unit
  • Forced Air Heating System

About This Home

As of February 2025

This beautifully updated unit features brand-new premium vinyl flooring throughout, a private patio backing to trees, and a convenient carport. The kitchen boasts a brand-new stainless steel refrigerator and dishwasher (Oct. 2024) along with an electric stove (2022). The great room includes a door wall leading to a covered patio, while the spacious primary bedroom offers a walk-in closet. A large ceramic-tiled bathroom, central air conditioning, and fresh paint add to the comfort and appeal. The lease includes water, snow removal, lawn care, trash, and exterior maintenance. Shared coin laundry is available down the hall, and the furnace is conveniently located in an exterior storage closet. A large parking lot provides ample space beside the building. Move-in ready—contact us today for leasing details!

Last Agent to Rent the Property

Hnderyos Gorgees

Vision One Realty License #6502424451 Listed on: 01/28/2025

Last Renter's Agent

Hnderyos Gorgees

Vision One Realty License #6502424451 Listed on: 01/28/2025

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1986

Lot Details

  • 3,485

HOA Fees

  • $225 Monthly HOA Fees

Parking

  • Carport

Home Design

  • 1,093 Sq Ft Home
  • Ranch Style House
  • Brick Exterior Construction
  • Slab Foundation

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Location

  • Ground Level Unit

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Security Deposit $2,025
  • 12 Month Lease Term
  • Application Fee: 150.00
  • Assessor Parcel Number 2512101143

Community Details

Overview

  • 248 227 8686 /Mytownproperties@Gmail.Com Association, Phone Number (248) 227-8686
  • Covington Square Occpn 832 Subdivision

Pet Policy

  • Call for details about the types of pets allowed

Condo Details

Home Type

Condominium

Year Built

Built in 1986

Lot Details

0

HOA Fees

$225 per month

Rental Info

  • Application Fee: 150.00
  • Lease Type: Apartments, Condominium
  • Rent Includes: Association Fee
  • Security Deposit: 2025.00

Listing Details

  • Property Type: Condominium
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1986
  • Entry Location: Ground Level
  • Pets Allowed: Call
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Total Sq Ft: 1093

Exterior Features

  • Foundation Details: Slab
  • Construction Materials: Brick
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: No Garage
  • Garage Features: Carport
  • MF Parking: Carport

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Snow Removal, Maintenance Structure, Maintenance Grounds, Sewer, Trash, Water
  • Association Fee Frequency: Monthly
  • Phone: 248-227-8686 /mytownproperties@gmail.com
  • Association Fee: 225
  • Association Contact: 248-227-8686 /mytownproperties@gmail.com
  • Association Fee: Yes

Lot Info

  • Parcel Number: 2512101143

Multi Family

  • Length of Lease: 12 Months

MLS Schools

  • School District: Lamphere

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2024
Closed on
Dec 16, 2024
Sold by
Zhu Dongxiao and Zhou Jun
Bought by
Raikany Adam George
Seller's Agent
Robert Agnello
RE/MAX First
Buyer's Agent
Hnderyos Gorgees
List Price
$129,900
Sold Price
$128,000
Premium/Discount to List
-$1,900
-1.46%
Views
55
Current Estimated Value
$138,515

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,515
Avg. Annual Appreciation
7.89%
Original Mortgage
$121,600
Outstanding Balance
$120,314
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$18,201

Purchase Details

Closed on
Nov 5, 2020
Sold by
Li Wei Ping and Huang Shijuan
Bought by
Zhu Dongxiao and Zhou Jun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 2018
Sold by
Eli Properties Llc
Bought by
Li Wei Ping and Huang Shijuan

Purchase Details

Closed on
Mar 29, 2018
Sold by
Member First Mortgage Llc
Bought by
Eli Properties Llc

Purchase Details

Closed on
Aug 22, 2017
Sold by
Boeneman Cherie W and Grunow Helen W
Bought by
Member First Mortgage Llc

Purchase Details

Closed on
Sep 16, 2005
Sold by
Estate Of Irene Patricia Harrington
Bought by
Boeneman Cherie R and Grunow Helen W
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Raikany Adam George $128,000 None Listed On Document
Raikany Adam George $128,000 None Listed On Document
Raikany Adam George -- None Listed On Document
Raikany Adam George -- None Listed On Document
Zhu Dongxiao $77,000 None Available
Li Wei Ping $75,000 None Available
Eli Properties Llc $55,000 None Available
Member First Mortgage Llc $56,851 None Available
Boeneman Cherie R $75,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Raikany Adam George $121,600
Closed Raikany Adam George $121,600
Previous Owner Zhu Dongxiao $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/27/2025 02/27/25 Rented $1,250 0.0% --
02/12/2025 02/12/25 Price Changed $1,250 -7.4% $1 / Sq Ft
01/28/2025 01/28/25 For Rent $1,350 0.0% --
12/17/2024 12/17/24 Sold $128,000 -1.5% $116 / Sq Ft View Prior Sale
11/01/2024 11/01/24 Pending -- -- --
10/17/2024 10/17/24 For Sale $129,900 0.0% $118 / Sq Ft
05/27/2021 05/27/21 Rented $975 0.0% --
05/25/2021 05/25/21 Under Contract -- -- --
05/23/2021 05/23/21 For Rent $975 -- --
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
2025 $2,595 $63,280 $0 $0
2024 $2,078 $57,000 $0 $0
2023 $1,984 $47,690 $0 $0
2022 $2,367 $36,960 $0 $0
2021 $2,360 $36,640 $0 $0
2020 $1,449 $32,790 $0 $0
2019 $1,735 $27,340 $0 $0
2018 $1,112 $25,930 $0 $0
2017 $1,035 $25,930 $0 $0
2016 $993 $23,620 $0 $0
2015 -- $19,350 $0 $0
2014 -- $16,620 $0 $0
2011 -- $19,680 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20250005982

Realcomp

APN: 25-12-101-143