NOT LISTED FOR SALE

5000 Town Center Dr Unit 2602 Southfield, MI 48075

Estimated Value: $186,262 - $221,000

2 Beds
2 Baths
1,339 Sq Ft
5.23 Acres

Last Sold December 29, 2014

Last sale price $133,000 $99 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $1,286/month

Highlights

  • In Ground Pool
  • Clubhouse
  • Stainless Steel Appliances
  • Car Lift
  • Corner Lot
  • 2 Car Direct Access Garage

About This Home

As of October 2023

This 2 BR 2 BA rental, with stainless steel appliances, is on the 26th floor of the tallest residential tower in SE Michigan and offers an unrivaled luxury living experience. 5000 Town Center sits on the 5+ acres of meticulously manicured grounds, and from the 26th floor, one's view extends to the Detroit skyline in the distance and the heated swimming pool, tennis courts, outdoor picnic and BBQ areas below. Across the street is the golf course and the Mary Thompson farmhouse. Beyond the stunning vistas, a selection of resort-style amenities awaits, including fitness center with sauna, 24/7 concierge service, assigned parking and complimentary parking for guests, and "Receiving" to assist with drycleaning, packages and groceries. Walking distance to neighborhood restaurants, library, golf course, and multiplex sports facility. You are close to hospitals, major freeways, LTU, shopping and minutes away from 2 major xways, downtown Detroit and the Detroit Metropolitan Airport (DTW). Come. Be in the center of it all.

Last Agent to Rent the Property

Lydia Burnett Etchen

Century 21 Professionals Troy License #6501267176 Listed on: 08/30/2023

Century 21 Professionals Troy

Last Renter's Agent

Stephanie Lewis

Right House Realty Company License #RCO-6502424804

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,438

Year Built

  • Built in 1982 | Remodeled in 2015

Lot Details

  • Property fronts a private road
  • Back Yard Fenced
  • Sprinkler System

Home Design

  • Poured Concrete
  • Stone Siding

Interior Spaces

  • 1,339 Sq Ft Home
  • 1-Story Property
  • Stacked Washer and Dryer

Kitchen

  • Free-Standing Electric Oven
  • Free-Standing Electric Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Walk-Up Access

Home Security

Parking

  • 2 Parking Garage Spaces
  • Car Lift
  • Garage Door Opener

Outdoor Features

  • In Ground Pool
  • Basketball Court

Location

  • Lower level unit with elevator

Utilities

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

Listing and Financial Details

  • Security Deposit $3,000
  • 12 Month Lease Term
  • 24 Month Lease Term
  • Application Fee: 150.00
  • Assessor Parcel Number 2422427170

Community Details

Overview

  • Property has a Home Owners Association
  • Elena Sciopu Association, Phone Number (248) 352-3860
  • High-Rise Condominium
  • Five Thousand At Town Center Occpn 323 Subdivision
  • On-Site Maintenance
  • The community has rules related to fencing

Amenities

  • Clubhouse
  • Laundry Facilities

Recreation

  • Community Pool
  • Tennis Courts

Pet Policy

  • Limit on the number of pets
  • Dogs and Cats Allowed
  • Breed Restrictions
  • The building has rules on how big a pet can be within a unit

Security

  • Fire Sprinkler System

Condo Details

Home Type

Condominium

Est. Annual Taxes

$2,438

Year Built

Built in 1982 | Remodeled in 2015

Lot Details

0

Rental Info

  • Application Fee: 150.00
  • Lease Type: Condominium
  • Rent Includes: Association Fee, Water/Sewer, Snow Removal, Trash Collection, Water, Yard Maintenance
  • Security Deposit: 3000.00
  • Tenant Amenities: Fitness Center, Laundry In-Unit

Listing Details

  • Property Type: Condominium
  • Architecture Style: High Rise
  • Architecture Level: 1 Story Ground
  • Year Built: 1982
  • Year Renovated: 2015
  • Entry Location: Lower Level w/Elevator
  • Pets Allowed: Breed Restrictions, Call, Cats OK, Dogs OK, Number Limit, Size Limit, Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available, Elevator/Lift, Fire Sprinkler, High Spd Internet Avail, Programmable Thermostat
  • Room Count: 8
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Finished, Walk-Up Access, Common
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Free-Standing Electric Oven, Free-Standing Electric Range, Free-Standing Refrigerator, Microwave, Stainless Steel Appliance(s), Washer/Dryer Stacked
  • Sq Ft Combined: 1339
  • Total Sq Ft: 1339

Exterior Features

  • Pool: Yes
  • Foundation Details: Basement
  • Construction Materials: Block, Stone
  • Exterior Features: Tennis Court, Club House, Grounds Maintenance, Fenced, Pool – Community, Pool - Inground, Basketball Court
  • Foundation Materials: Poured
  • Road Frontage Type: Paved, Private, Pub. Sidewalk
  • Sideof Street: S
  • Fencing: Back Yard, Fenced, Fence Allowed, Fencing Required with Pool

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: 2+ Assigned Spaces, Lift, Side Entrance, 1 Assigned Space, Direct Access, Door Opener, Attached, Basement Access
  • Garage: Yes
  • MF Parking: Assigned

Utilities

  • Heating Fuel: Heat Pump, Electric
  • Cooling: Heat Pump
  • Heating: Heat Pump, Zoned
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Electric, Heat Pump
  • Water Source: Public (Municipal)
  • Laundry Facilities: Yes

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Structure, Maintenance Grounds, Sewer, Trash
  • Association Fee Frequency: Monthly
  • Phone: 248.352.3860
  • Association Contact: Elena Sciopu
  • Association Fee: Yes

Fee Information

  • Additional Fee: 200.00

Schools

  • School District: Southfield Public Schools

Lot Info

  • Lot Features: Corner Lot, Sprinkler(s)
  • Parcel Number: 2422427170

Multi Family

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

MLS Schools

  • School District: Southfield Public Schools

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Panourgias Theodore L $125,000
Closed Panourgias Theodore P $16,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2023 10/31/23 Rented $1,925 +1.3% --
10/31/2023 10/31/23 Under Contract -- -- --
09/25/2023 09/25/23 Price Changed $1,900 -5.0% $1 / Sq Ft
08/30/2023 08/30/23 For Rent $2,000 0.0% --
12/29/2014 12/29/14 Sold $133,000 -13.0% $104 / Sq Ft
12/08/2014 12/08/14 Pending -- -- --
08/19/2014 08/19/14 For Sale $152,900 -- $120 / 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 $2,438 $77,920 $15,000 $62,920
2021 $2,643 $72,710 $14,850 $57,860
2020 $2,041 $66,450 $11,750 $54,700
2018 $2,423 $55,890 $11,750 $44,140
2015 -- $36,490 $0 $0
2014 -- $33,130 $0 $0
2011 -- $37,220 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20230072574

Realcomp

APN: 24-22-427-170