NOT LISTED FOR SALE

5000 Town Center Dr Unit 1503 Southfield, MI 48075

Estimated Value: $197,000 - $215,000

2 Beds
2 Baths
1,340 Sq Ft
$572/mo HOA Fee

Last Sold July 07, 2017

Last sale price $126,000 $94 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $1,842/month

2 Days on Market

Highlights

  • In Ground Pool
  • 2 Car Detached Garage
  • Community Barbecue Grill
  • Clubhouse
  • Disabled Access
  • Zoned Heating

About This Home

As of July 2017

Big City living in the heart of Southfield. The views from this 15th floor condo are magnificent in every season. One of the best floor plans in the complex. Close to freeways, shopping, entertainment, dinning. 24/7 hour concierge service, valet parking avail. at additional monthly fee, exercise room, sauna,outdoor pool, tennis court, walking trails all included in monthly HOA fee. Spacious rooms, galley kitchen, lots of storage space and magnificent views from every window. 2 Assigned Parking Spaces in Covered Garage. KW-Plymouth BATVAI. The Buyer Agent is required to be physically present for all showings.

Last Agent to Sell the Property

Connie McDowell

KW Professionals License #6501369797 Listed on: 05/25/2017

KW Professionals

Last Buyer's Agent

Lydia Burnett Etchen

Century 21 Professionals Troy License #6501267176

Century 21 Professionals Troy

Property Details

Home Type

  • Condominium

Est. Annual Taxes

Year Built

  • Built in 1982

Lot Details

  • Fenced

HOA Fees

  • $572 Monthly HOA Fees

Parking

  • 2 Parking Garage Spaces

Home Design

  • Block Foundation
  • Masonry

Interior Spaces

  • 1,340 Sq Ft Home
  • 1-Story Property

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Accessible Home Design

  • Disabled Access
  • Accessibility Features

Outdoor Features

  • In Ground Pool
  • Exterior Lighting

Utilities

  • Zoned Heating
  • Back Up Electric Heat Pump System
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2422427105

Community Details

Overview

  • Elena Association, Phone Number (248) 352-3860
  • High-Rise Condominium
  • Five Thousand At Town Center Occpn 323 Subdivision
  • On-Site Maintenance

Amenities

  • Community Barbecue Grill
  • Clubhouse

Recreation

  • Tennis Courts

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,919

Year Built

Built in 1982

Lot Details

0

HOA Fees

$572 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: High Rise
  • Architecture Level: 1 Story Up
  • Year Built: 1982
  • Accessibility Features: Disabled Access, Interior Disabled Facilities
  • 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, Interior Entry (Interior Access)
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Range/Stove, Washer
  • Sq Ft Combined: 1340
  • Total Sq Ft: 1340

Exterior Features

  • Pool: Yes
  • Foundation Details: Basement
  • Construction Materials: Block/Concrete/Masonry
  • Exterior Features: BBQ Grill, Club House, Fenced, Grounds Maintenance, Lighting, Pool - Inground, Tennis Court
  • Foundation Materials: Block
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: 2+ Assigned Spaces, Basement Access, Detached
  • Garage: Yes

Utilities

  • Heating Fuel: Electric
  • Heating: Zoned
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Phone: 248-352-3860
  • Association Fee: 572
  • Association Contact: Elena
  • Association Fee: Yes

Schools

  • School District: Southfield Public Schools

Lot Info

  • Parcel Number: 2422427105

Tax Info

  • Tax Amount Summer: 1557.0600
  • Tax Amount Winter: 361.5200
  • Total Tax: 1918.5800

MLS Schools

  • School District: Southfield Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 5, 2023
Sold by
Tudorache Vincent
Bought by
Cooley Alyssa
Current Estimated Value
$202,241

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,600
Outstanding Balance
$171,137
Interest Rate
6.28%
Mortgage Type
New Conventional
Estimated Equity
$36,902

Purchase Details

Listed on
May 25, 2017
Closed on
Jun 29, 2017
Sold by
Farkas Andrew M and Farkas Cheryl Schechter
Bought by
Tudorache Vincent
Seller's Agent
Connie McDowell
KW Professionals
Buyer's Agent
Lydia Burnett Etchen
Century 21 Professionals Troy
List Price
$129,900
Sold Price
$126,000
Premium/Discount to List
-$3,900
-3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.31%
Original Mortgage
$119,700
Interest Rate
3.89%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 19, 2016
Sold by
Borden Emanuel and Warren Dawn M
Bought by
Farkas Andrew M and Schechter Farkas Cheryl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
3.57%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 26, 2016
Sold by
Warren Dawn Maria and Borden Delores L
Bought by
Borden Emanuel and Warren Dawn Maria

Purchase Details

Closed on
Aug 23, 2005
Sold by
Gabyzon Marsha Walker
Bought by
Borden Delores

Purchase Details

Closed on
Dec 7, 1998
Sold by
Marketing Associates Inc
Bought by
Gabyzon Marsha Walker

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
6.83%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 1, 1998
Sold by
Adelman Alan J
Bought by
Marketing Associates Inc

Purchase Details

Closed on
Aug 2, 1996
Sold by
5000 Town Ctr Assoc Ltd
Bought by
Adelman Alan J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,000
Interest Rate
8.18%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Cooley Alyssa $180,000 None Listed On Document
Cooley Alyssa $180,000 None Listed On Document
Tudorache Vincent $126,000 None Available
Farkas Andrew M $119,000 Title One Inc
Borden Emanuel -- None Available
Borden Delores $149,000 None Available
Gabyzon Marsha Walker $142,000 --
Marketing Associates Inc $140,000 --
Adelman Alan J $136,750 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cooley Alyssa $174,600
Closed Cooley Alyssa $174,600
Previous Owner Tudorache Vincent $119,700
Previous Owner Farkas Andrew M $95,000
Previous Owner Gabyzon Marsha Walker $112,000
Previous Owner Adelman Alan J $123,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2017 07/07/17 Sold $126,000 -3.0% $94 / Sq Ft
05/27/2017 05/27/17 Pending -- -- --
05/25/2017 05/25/17 For Sale $129,900 -- $97 / 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 $4,452 $80,450 $15,000 $65,450
2021 $3,608 $75,040 $14,850 $60,190
2020 $3,120 $68,660 $11,750 $56,910
2018 $3,704 $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

  • Connie McDowell

    Seller's Agent in 2017

    Connie McDowell

    KW Professionals

    (313) 378-3956

    22 Total Sales

    Connie McDowell
    Section Image
  • Lydia Burnett Etchen

    Buyer's Agent in 2017

    Lydia Burnett Etchen

    Century 21 Professionals Troy

    (248) 420-4194

    30 in this area

    52 Total Sales

    Lydia Burnett Etchen
    Section Image
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Map

Source: Realcomp

MLS Number: 217042989

Realcomp

APN: 24-22-427-105

Michigan Oakland County Southfield 48075

5000 Town Center Dr Unit 1503, Southfield, MI

This home is located at 5000 Town Center Dr Unit 1503, Southfield, MI 48075 since 25 May 2017 and is currently estimated at $202,241, approximately $150 per square foot. This property was built in 1982. 5000 Town Center Dr Unit 1503 is a home located in Oakland County with nearby schools including Alice M. Birney K-8 School, Morris Adler Elementary School, and Faxon Academy.

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.

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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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