NOT LISTED FOR SALE

475 S Adams Rd Unit 2 Birmingham, MI 48009

Estimated Value: $162,000 - $284,000

1 Bed
1 Bath
709 Sq Ft
$250/mo HOA Fee

Last Sold October 17, 2017

Last sale price $100,000 $141 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $1,656/month

163 Days on Market

Highlights

  • Ranch Style House
  • Harlan Elementary School Rated A
  • Baseboard Heating

About This Home

As of October 2017

GET YOUR FOOT IN THE DOOR IN THE GREAT CITY OF BIRMINGHAM IN THIS ONE BEDROOM, ONE-BATH CONDO. A SHORT WALK TO DOWNTOWN AND ADJACENT TO THE BIRMINGHAM TRIANGLE DISTRICT, THIS IS A GREAT FIRST STEP INTO OWNERSHIP, OR A PERFECT INVESTMENT PROPERTY. PRIVATE FIRST FLOOR CORNER ENTRANCE WITH LARGE SHARED COURTYARD. COMMON BASEMENT OFFERS CLEAN LAUNDRY AREA AND SECURED STORAGE UNITS. LAUNDRY/STORAGE IS LOCATED IN LOWER LEVEL OF MAIN ENTRANCE.

Last Listed By

Harry Kirsbaum

Max Broock, REALTORS®-Bloomfield Hills License #399053 Listed on: 03/06/2017

Property Details

Home Type

  • Condominium

Est. Annual Taxes

Year Built

  • Built in 1980

HOA Fees

  • $250 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Slab Foundation
  • Poured Concrete

Interior Spaces

  • 709 Sq Ft Home
  • Basement Fills Entire Space Under The House

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Shared Water Meter
  • Cable TV Available

Community Details

  • Penny Wise Association, Phone Number (586) 532-1200
  • Birmingham Village Condo Occpn 1771 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2031105002

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,597

Year Built

Built in 1980

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: Ranch
  • Architecture Level: 1 Story Ground
  • Year Built: 1980
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available
  • Room Count: 4
  • Total Bedrooms: 1
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement Type: Common
  • Kitchen Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Range/Stove
  • Sq Ft Combined: 709
  • Total Sq Ft: 709

Exterior Features

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

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Wall Unit(s)
  • Heating: Baseboard
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Common
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Phone: 586-532-1200
  • Association Fee: 250
  • Association Contact: Penny Wise
  • Association Fee: Yes

Schools

  • School District: Birmingham

Lot Info

  • Parcel Number: 2031105002

Tax Info

  • Tax Amount Summer: 1276.0000
  • Tax Amount Winter: 321.0000
  • Total Tax: 1597.0000

MLS Schools

  • School District: Birmingham

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 22, 2023
Sold by
Fotouhi-Ardekani Farshad
Bought by
475 South Adams Llc
Total Days on Market
163
Current Estimated Value
$207,197

Purchase Details

Closed on
Mar 6, 2023
Sold by
Marinelli Real Estate Llc
Bought by
Fotouhi-Ardekani Farshad

Purchase Details

Closed on
Feb 14, 2018
Sold by
Mannelli Kathleen M
Bought by
Mannelli Real Estate Llc

Purchase Details

Listed on
Mar 6, 2017
Closed on
Oct 16, 2017
Sold by
Dimitrieski Dean and Dimitrieski Valentina
Bought by
Marinelli Kathleen M
Seller's Agent
Harry Kirsbaum
Max Broock, REALTORS®-Bloomfield Hills
Buyer's Agent
Chad Hooks
Berkshire Hathaway HomeServices HWWB
List Price
$129,950
Sold Price
$100,000
Premium/Discount to List
-$29,950
-23.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.50%
Original Mortgage
$90,000
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 2, 2005
Sold by
Royalham #1 Llc
Bought by
Dimitrieski Dean and Dimitrieski Valentina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
5.89%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 14, 2005
Sold by
Royal Ham Llc
Bought by
Royalham #1 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
5.89%
Mortgage Type
Commercial

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
475 South Adams Llc -- None Listed On Document
Fotouhi-Ardekani Farshad $147,500 --
Mannelli Real Estate Llc -- Chirco Title Agency Inc
Marinelli Kathleen M $100,000 None Available
Dimitrieski Dean $119,990 Greco
Royalham #1 Llc -- Greco
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Marinelli Kathleen M $90,000
Previous Owner Dimitrieski Dean $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/17/2017 10/17/17 Sold $100,000 -9.1% $141 / Sq Ft
08/16/2017 08/16/17 Pending -- -- --
06/04/2017 06/04/17 Price Changed $110,000 -8.3% $155 / Sq Ft
04/19/2017 04/19/17 Price Changed $119,995 -7.7% $169 / Sq Ft
03/06/2017 03/06/17 For Sale $129,950 -- $183 / 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 $3,017 $74,200 $0 $0
2023 $2,333 $66,840 $0 $0
2022 $2,813 $59,690 $0 $0
2021 $2,742 $56,730 $0 $0
2020 $2,175 $52,090 $0 $0
2019 $2,744 $52,060 $0 $0
2018 $2,817 $53,380 $0 $0
2017 $1,456 $53,060 $0 $0
2016 $1,598 $48,890 $0 $0
2015 -- $46,050 $0 $0
2014 -- $45,840 $0 $0
2011 -- $47,340 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 217017037

Realcomp

APN: 20-31-105-002