NOT LISTED FOR SALE

401 W Kalama Ave Madison Heights, MI 48071

Estimated Value: $185,000 - $229,000

3 Beds
1 Bath
1,246 Sq Ft
$170/Sq Ft Est. Value

Last Sold January 03, 2014

Last sale price $73,200 $59 Per Sq Ft

Est. 189% increase in value since last sale

Current estimated payment $1,263/month

17 Days on Market

About This Home

As of January 2014

Selling as is. Good size bungalow with family room and two car garage.

Last Agent to Sell the Property

Raymond Rech

Rech Realty Company License #MISPE-6504000446 Listed on: 10/29/2013

Last Buyer's Agent

. Non Mls Member

NON MLS Member License #MISPE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,328

Year Built

  • Built in 1965

Lot Details

  • 4,312

Parking

  • 2 Car Garage

Interior Spaces

  • 1,246 Sq Ft Home
  • 1.5-Story Property
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Additional Features

  • Lot Dimensions are 40 x 108
  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 2523428010

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,328

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL CONDO
  • Type Of Property: Residential
  • Structure Style: 1 1/2 Story
  • Year Built: 1965
  • Special Features: 20
  • Property Sub Type: Detached

Interior Features

  • Basement: Yes
  • Bedrooms: 3
  • Bedroom 1: On Entry Level, Dimensions: 11 x 12
  • Bedroom 2: On Entry Level, Dimensions: 10 x 9
  • Bedroom 3: On 2nd Floor, Dimensions: 14 x 11
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Family Room: On Entry Level, Dimensions: 14 x 13
  • Kitchen: On Entry Level, Dimensions: 15 x 10
  • Living Room: On Entry Level, Dimensions: 14 x 12
  • Above Grade Finished Sq Ft: 1246
  • Total Finished Sq Ft: 1246

Exterior Features

  • Exterior: Aluminum
  • Foundation: Basement

Garage/Parking

  • Garage Spaces: 2
  • Garage: Yes

Utilities

  • Sewer: Public Sanitary
  • Water: Public Water
  • Cooling: Central A/C

Lot Info

  • Assessor Parcel Number: 2523428010
  • Lot Dimensions: 40 x 108
  • Map Side Numeric: 28
  • Map Top Alpha: AE
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Amount: $1,163.00
  • Winter Tax: Amount: $165.00

MLS Schools

  • School District: Madison Public Schools (Oakland)

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2013
Closed on
Jan 2, 2014
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Padilla Natalie M
Seller's Agent
Raymond Rech
Rech Realty Company
Buyer's Agent
. Non Mls Member
NON MLS Member
List Price
$69,900
Sold Price
$73,200
Premium/Discount to List
$3,300
4.72%
Current Estimated Value
$211,245

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,045
Avg. Annual Appreciation
10.06%
Original Mortgage
$71,874
Outstanding Balance
$56,388
Interest Rate
4.75%
Mortgage Type
FHA
Estimated Equity
$168,494

Purchase Details

Closed on
Jun 13, 2013
Sold by
Jpmorgan Chase Bank National Association
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Nov 27, 2012
Sold by
Jones Sasha M
Bought by
Jpmorgan Chase Bank National Association

Purchase Details

Closed on
Oct 4, 2005
Sold by
Lunemann Albert C and Lunemann Rosemary A
Bought by
Jones Sasha M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,200
Interest Rate
5.82%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 28, 2003
Sold by
Federal National Mortgage Association
Bought by
Lunemann Albert C and Lunemann Anna M

Purchase Details

Closed on
Apr 23, 2003
Sold by
Countrywide Home Loans Inc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Oct 22, 2002
Sold by
Egeler Randy C
Bought by
Countrywide Home Ln Inc
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
Federal Home Loan Mortgage Corporation -- E Title Agency
Jpmorgan Chase Bank National Association $39,900 None Available
Jones Sasha M $124,000 Multiple
Lunemann Albert C $110,000 First American Title
Federal National Mortgage Association -- First American Title
Countrywide Home Ln Inc $119,804 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Padilla Natalie M $71,874
Previous Owner Jones Sasha M $104,600
Previous Owner Jones Sasha M $39,000
Previous Owner Jones Sasha M $35,500
Previous Owner Jones Sasha M $99,200
Previous Owner Jones Sasha M $24,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/03/2014 01/03/14 Sold $73,200 +4.7% $59 / Sq Ft
11/15/2013 11/15/13 Pending -- -- --
10/29/2013 10/29/13 For Sale $69,900 -- $56 / Sq Ft
Source: Michigan Multiple Listing Service

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 $1,645 $84,990 $0 $0
2023 $1,571 $76,550 $0 $0
2022 $1,648 $69,510 $0 $0
2021 $1,606 $63,230 $0 $0
2020 $1,524 $59,670 $0 $0
2019 $1,653 $54,310 $0 $0
2018 $1,630 $41,540 $0 $0
2017 $1,581 $41,540 $0 $0
2016 $1,500 $38,300 $0 $0
2015 -- $31,190 $0 $0
2014 -- $28,020 $0 $0
2011 -- $37,910 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31171755

Michigan Multiple Listing Service

APN: 25-23-428-010