NOT LISTED FOR SALE

5000 Town Center #707 Unit 707 Southfield, MI 48075

Estimated Value: $136,000 - $172,000

1 Bed
1 Bath
849 Sq Ft
$395/mo HOA Fee

Last Sold September 05, 2017

Last sale price $80,000 $94 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $1,365/month

26 Days on Market

Highlights

  • In Ground Pool
  • Furnished
  • Lobby
  • Clubhouse
  • Security Service
  • Community Barbecue Grill

About This Home

As of September 2017

This condo has it all landmark building, modern materials, close to highways, business center, 24 hour security. Concierge and Valet parking. If you're looking for luxurious high rise condo living with numerous amenities, than this is the place.

Last Agent to Sell the Property

Bill Gaston

Gaston & Associates License #6504117036 Listed on: 07/18/2017

Last Buyer's Agent

Wendy Davenport

Berkshire Hathaway HomeServices Michigan Real Est License #6501388039

Berkshire Hathaway HomeServices Michigan Real Est

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,862

Year Built

  • Built in 1982

HOA Fees

  • $395 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Brick Foundation
  • Slab Foundation

Interior Spaces

  • 849 Sq Ft Home
  • 1-Story Property
  • Furnished

Kitchen

  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 1 Parking Garage Space
  • Heated Garage

Pool

  • In Ground Pool
  • Spa

Utilities

  • Forced Air Heating and Cooling System
  • Shared Water Meter
  • Liquid Propane Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Exterior Lighting
  • Fenced

Listing and Financial Details

  • Assessor Parcel Number 2422427047

Community Details

Overview

  • Five Thousand At Town Center Occpn 323 Subdivision
  • On-Site Maintenance

Amenities

  • Community Barbecue Grill
  • Clubhouse
  • Lobby

Security

  • Security Service
  • Carbon Monoxide Detectors

Recreation

  • Tennis Courts

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,862

Year Built

Built in 1982

Lot Details

0

HOA Fees

$395 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: Common Entry Building
  • Architecture Level: 1 Story
  • Year Built: 1982
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available, Carbon Monoxide Alarm(s), Elevator/Lift, Furnished - Yes, High Spd Internet Avail, Intercom, Spa/Hot-tub
  • Room Count: 4
  • Total Bedrooms: 1
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Range/Stove, Trash Compactor, Washer
  • Sq Ft Combined: 849
  • Total Sq Ft: 849

Exterior Features

  • Pool: Yes
  • Foundation Details: Slab
  • Construction Materials: Brick
  • Exterior Features: BBQ Grill, Club House, Fenced, Grounds Maintenance, Lighting, Pool - Inground, Security Patrol, Tennis Court
  • Foundation Materials: Brick/Mortar
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: No Garage
  • Garage Features: 1 Assigned Space, Heated

Utilities

  • Heating Fuel: LP Gas/Propane
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Septic Tank (Existing)
  • Water Heater Fuel: Common
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association Fee: 395
  • Association Fee: Yes

Schools

  • School District: Southfield Public Schools

Lot Info

  • Homestead: Yes
  • Parcel Number: 2422427047

MLS Schools

  • School District: Southfield Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 5, 2020
Sold by
Braun Thomas W and Braun Carol A
Bought by
Stewart Patrick Reynard
Current Estimated Value
$153,277

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,000
Outstanding Balance
$95,190
Interest Rate
7%
Mortgage Type
New Conventional
Estimated Equity
$49,759

Purchase Details

Listed on
Jul 18, 2017
Closed on
Aug 30, 2017
Sold by
Johnson Ronald and Johnson Joyce Yvonne
Bought by
Braun Thomas W and Braun Carol A
Seller's Agent
Bill Gaston
Gaston & Associates
Buyer's Agent
Wendy Davenport
Berkshire Hathaway HomeServices Michigan Real Est
List Price
$90,000
Sold Price
$80,000
Premium/Discount to List
-$10,000
-11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.68%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Stewart Patrick Reynard $116,000 None Available
Braun Thomas W $80,000 Title Resource Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stewart Patrick Reynard $101,000
Previous Owner Johnson Ronald $70,000
Previous Owner Burkeen Larry S $17,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/05/2017 09/05/17 Sold $80,000 -11.1% $94 / Sq Ft
08/13/2017 08/13/17 Pending -- -- --
08/10/2017 08/10/17 For Sale $90,000 0.0% $106 / Sq Ft
08/08/2017 08/08/17 Pending -- -- --
07/18/2017 07/18/17 For Sale $90,000 -- $106 / 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 $2,862 $54,900 $11,600 $43,300
2021 $3,039 $51,330 $11,500 $39,830
2020 $2,157 $46,210 $8,550 $37,660
2018 $2,598 $39,840 $8,550 $31,290
2015 -- $0 $0 $0
2014 -- $24,740 $0 $0
2011 -- $22,180 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 217062630

Realcomp

APN: 24-22-427-047