NOT LISTED FOR SALE

5000 Town Center Apt 3004 Unit 196 Southfield, MI 48075

Estimated Value: $194,108 - $221,000

2 Beds
2 Baths
1,340 Sq Ft
$600/mo HOA Fee

Highlights

  • In Ground Pool
  • 1-Story Property
  • High-Rise Condominium
  • 2 Car Attached Garage
  • High Speed Internet

About This Home

As of January 2016

FANTASTIC VIEWS FROM 30TH FLOOR! LARGE LIVING & DINING ROOMS, UPDATED KITCHEN & BATHS. LAUNDRY IN UNIT. WONDERFUL HIGH RISE WITH SECURITY, FITNESS CENTER, POOL, TENNIS COURT AND VALET PARKING OPTIONAL. 2 CAR PARKING ASSIGNED IN PARKING GARAGE. 1 1/2 MONTHS SECURITY DEPOSIT. PLEASE SUBMIT LEASE APPLICATION WITH CREDIT REPORT AND PROOF OF EMPLOYMENT. LANDLORD WILL FURNISH FOR $2700 PER MONTH

Last Agent to Rent the Property

Joan Downing

RE/MAX Classic License #6502111388 Listed on: 11/15/2015

RE/MAX Classic

Last Renter's Agent

Philip Lang

Re/Max Commerical Connection License #RCO-6501223074

Re/Max Commerical Connection

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,007

Year Built

  • Built in 1982 | Remodeled in 2004

HOA Fees

  • $600 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 1,340 Sq Ft Home
  • 1-Story Property
  • Basement Fills Entire Space Under The House

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Exterior Lighting

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heat Pump System
  • Back Up Electric Heat Pump System
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $4,200
  • 12 Month Lease Term
  • 24 Month Lease Term
  • Assessor Parcel Number 2422427196

Community Details

Overview

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

Recreation

  • Tennis Courts

Condo Details

Home Type

Condominium

Est. Annual Taxes

$2,007

Year Built

Built in 1982 | Remodeled in 2004

Lot Details

0

HOA Fees

$600 per month

Rental Info

  • Lease Type: Condominium
  • Rent Includes: Int Maint W/Deduct, Snow Removal, Water/Sewer, Yard Maintenance
  • Security Deposit: 4200.00
  • Tenant Amenities: Fitness Center, Laundry In-Unit, Wi-Fi Available

Listing Details

  • Property Type: Condominium
  • Architecture Style: High Rise
  • Architecture Level: 1 Story Up
  • Year Built: 1982
  • Year Renovated: 2004
  • Accessibility Features: Disabled Access
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available, Elevator/Lift, High Spd Internet Avail
  • Room Count: 7
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Common
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Refrigerator, Range/Stove, Washer
  • Sq Ft Combined: 1340
  • Total Sq Ft: 1340

Exterior Features

  • Roof Material: Asphalt
  • Pool: Yes
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exclusions: Yes
  • Exterior Features: Grounds Maintenance, Lighting, Pool - Inground, Tennis Court
  • Foundation Materials: Poured
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Attached
  • Garage: Yes
  • MF Parking: Paved

Utilities

  • Heating Fuel: Electric
  • Cooling: Wall Unit(s)
  • Heating: Heat Pump
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Electric
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • HOA Fee Includes: Gas, Water
  • Association Fee Frequency: Monthly
  • Association Fee: 600
  • Association Fee: No

Schools

  • School District: Southfield Public Schools

Lot Info

  • Parcel Number: 2422427196

Multi Family

  • Length of Lease: 12 Months, 13-24 Months, 25-36 Months

MLS Schools

  • School District: Southfield Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 3, 2009
Sold by
Federal Deposit Insurance Corporation
Bought by
Kresch Ari and Ari Kresch Revocable Trust
Total Days on Market
57
Current Estimated Value
$212,572

Purchase Details

Closed on
Dec 18, 2007
Sold by
Morrison Raul G
Bought by
Main Street Bank

Purchase Details

Closed on
Feb 13, 2006
Sold by
Wells Fargo Bank Minnesota Na
Bought by
Morrison Raul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,600
Interest Rate
6.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 15, 2004
Sold by
Wojtas Thomas G
Bought by
Wells Fargo Bank Minnesota Na

Purchase Details

Closed on
Feb 27, 1998
Sold by
5000 Town Center Assoc L
Bought by
Metz James Donald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,000
Interest Rate
7.2%
Mortgage Type
Commercial
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
Kresch Ari $69,900 None Available
Main Street Bank $104,576 None Available
Morrison Raul $123,000 Attorneys Title Agency Inc
Wells Fargo Bank Minnesota Na $145,865 --
Metz James Donald $152,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Morrison Raul G $425,600
Previous Owner Metz James Donald $122,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2016 01/12/16 Rented $1,650 -41.1% --
01/11/2016 01/11/16 Under Contract -- -- --
11/15/2015 11/15/15 For Rent $2,800 -- --
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 $2,007 $80,450 $15,000 $65,450
2021 $2,176 $75,040 $14,850 $60,190
2020 $1,727 $68,660 $11,750 $56,910
2018 $2,022 $57,610 $11,750 $45,860
2015 -- $37,710 $0 $0
2014 -- $34,210 $0 $0
2011 -- $38,080 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 215122989

Realcomp

APN: 24-22-427-196