$700,000
SOLD JUL 24, 2025

400 Park St Birmingham, MI 48009

0.14 Acre
$5,000,000 Price per Acre
6,098 Sq Ft Lot

Recently Sold

7% Below List Price

13 Days on Market

Highlights

  • Corner Lot
  • Pierce Elementary School Rated A
  • Fenced

About This Lot

As of July 2025

This is it—the premier residential building site in all of Downtown Birmingham. 400 Park Street is a rare and prominent corner lot offering unmatched potential in one of Michigan’s most sought-after communities. Whether you are a visionary builder or a homeowner ready to bring your dream to life, this property is your blank canvas. Bring your architect, your ideas, and your inspiration—the possibilities here are only limited by your imagination. PLEASE NOTE THAT THE LOCATION IS PINNED INCORRECTLY ON GOOGLE MAPS. FOR NAVIGATION PURPOSES SET GPS FOR 404 PARK ST. BIRMINGHAM.

Last Agent to Sell the Property

Albert Mughannem

Preferred, Realtors® Ltd License #6501228441 Listed on: 06/25/2025

Preferred, Realtors® Ltd

Co-Listed By

Theresa Mughannem

Preferred, Realtors® Ltd License #6501431799

Last Buyer's Agent

Unidentified Agent

Unidentified Office

Property Details

Property Type

  • Land

Est. Annual Taxes

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 40 x 156
  • Fenced
  • Corner Lot

Utilities

  • Sewer in Street

Community Details

  • Park Street Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1925451034

Property Details

Property Type

Land

Est. Annual Taxes

$5,154

Lot Details

6,098 Sq Ft Lot

Listing Details

  • Property Type: Vacant Land
  • State Equalized Value: 201130.0000
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage Type: Paved, Pub. Sidewalk
  • Fencing: Fence Allowed

Utilities

  • Sewer: Public Sewer (Sewer-Sanitary), Sewer at Street
  • Water Source: Public (Municipal), Water at Street

Lot Info

  • Lot Features: Corner Lot, Possible Basement
  • Lot Size Area: 0.14
  • Lot Dimensions: 40 x 156
  • Parcel Number: 1925451034
  • Zoning: Residential
  • Improvements: Curbs, Sidewalks

Tax Info

  • Tax Amount Summer: 4067.0000
  • Tax Amount Winter: 1087.0000
  • Total Tax: 5154.0000
  • Taxable Value: 98010.0000

MLS Schools

  • School District: Birmingham

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2025
Closed on
Jul 24, 2025
Sold by
Sullivan Terrance
Bought by
1844 Cole Street Llc
Seller's Agent
Albert Mughannem
Preferred, Realtors® Ltd
Buyer's Agent
Unidentified Agent
Unidentified Office
List Price
$750,000
Sold Price
$700,000
Premium/Discount to List
-$50,000
-6.67%
Views
2
Current Estimated Value
$743,337

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,337
Avg. Annual Appreciation
10.00%
Original Mortgage
$1,000,000
Outstanding Balance
$993,942
Interest Rate
5%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$250,605
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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 Type Sale Price Title Company
Warranty Deed -- Ata National Title
Warranty Deed -- Ata National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,000,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/24/2025 07/24/25 Sold $700,000 -6.7% --
07/08/2025 07/08/25 Pending -- -- --
06/25/2025 06/25/25 For Sale $750,000 -- --
Source: Realcomp

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 $5,154 $224,260 $0 $0
2024 $4,067 $201,130 $0 $0
2023 $3,944 $191,550 $0 $0
2022 $4,585 $163,720 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Albert Mughannem

    Seller's Agent in 2025

    Albert Mughannem

    Preferred, Realtors® Ltd

    (734) 476-3847

    2 in this area

    128 Total Sales

    Albert Mughannem
    Section Image

  • T

    Seller Co-Listing Agent in 2025

    Theresa Mughannem

    Preferred, Realtors® Ltd

    (734) 453-6800

    2 in this area

    89 Total Sales

    Theresa Mughannem
    Section Image

  • U

    Buyer's Agent in 2025

    Unidentified Agent

    Unidentified Office

See All Agents

Map

Source: Realcomp

MLS Number: 20251011443

Realcomp

APN: 19-25-451-034

Michigan Oakland County Birmingham 48009

400 Park St, Birmingham, MI

Sold

Lots

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
Copyright 2026 Realcomp II Ltd. Shareholders
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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