$300,000
SOLD SEP 16, 2024

5000 Town Center, Unit 2401 & 2406 Combined Southfield, MI 48075

3 Beds
4 Baths
3,121 Sq Ft
$1,376/mo HOA Fee

Recently Sold

$96 Per Sq Ft

14% Below List Price

155 Days on Market

Highlights

  • In Ground Pool
  • 1-Story Property
  • High-Rise Condominium
  • Clubhouse
  • Dogs and Cats Allowed

About This Home

As of September 2024

THIS OVERSIZED CONDO LOCATED ON THE 24TH FLOOR OF THE PRESTIGIOUS 5000 TOWN CENTER BUILDING IN SOUTHFIELD OFFERS A LUXURIOUS LIFESTYLE. THE CONDO SPANS 3121 SQUARE FEET AND FEATURES BREATHTAKING SOUTHERN, NORTHERN, AND WESTERN EXPOSURES THAT PROVIDE STUNNING PANORAMIC VIEWS OF THE CITYSCAPE. THE CONDO COMPRISES 3 BEDROOMS, 4 BATHROOMS, AN UPDATED KITCHEN WITH MODERN FLOORING, A SPACIOUS FAMILY ROOM, A COZY LIVING ROOM, A HOME OFFICE, AND A MASSIVE HOME THEATER COMPLETE WITH A CONCESSION AREA FOR ENTERTAINING GUESTS. THE MASTER BEDROOM BOASTS ELEGANCE AND COMFORT, WITH THE MASTER BATHROOM. RESIDENTS OF THIS CONDO CAN ENJOY ACCESS TO NUMEROUS AMENITIES, SUCH AS A 24/7 CONCIERGE SERVICE, A HEATED POOL, A TENNIS COURT, A BARBECUE AREA, A BANQUET COMMUNITY ROOM FOR GATHERINGS, A FITNESS CENTER, AND A SAUNA FOR RELAXATION. THE VIEWS FROM THE CONDO SHOWCASE THE BUSTLING CITY OF DETROIT DOWNTOWN AS WELL AS THE SERENE SURROUNDINGS OF SOUTHFIELD. IN SUMMARY, THIS CONDO IS A UNIQUE AND EXCEPTIONAL PROPERTY THAT OFFERS A SOPHISTICATED URBAN LIVING EXPERIENCE WITH UNPARALLELED LUXURY AND CONVENIENCE.

Last Agent to Sell the Property

Ali T. Charara

Century 21 Curran & Oberski License #6501340600 Listed on: 04/03/2024

Century 21 Curran & Oberski

Last Buyer's Agent

Krishawn Peace

License #6501405128

Property Details

Home Type

  • Condominium

Est. Annual Taxes

Year Built

  • Built in 1982 | Remodeled in 2020

HOA Fees

  • $1,376 Monthly HOA Fees

Home Design

  • Slab Foundation

Interior Spaces

  • 3,121 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Full Bathrooms

Outdoor Features

  • In Ground Pool
  • Exterior Lighting

Additional Features

  • Upper level unit with elevator
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 2422427162

Community Details

Overview

  • Elena Sciopu Association
  • High-Rise Condominium
  • Five Thousand At Town Center Occpn 323 Subdivision

Amenities

  • Clubhouse

Pet Policy

  • Dogs and Cats Allowed

Recreation

  • Tennis Courts

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,959

Year Built

Built in 1982 | Remodeled in 2020

Lot Details

0

HOA Fees

$1,376 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: High Rise
  • Architecture Level: 1 Story
  • Year Built: 1982
  • State Equalized Value: 108170.0000
  • Year Renovated: 2020
  • Entry Location: Upper Level w/Elevator
  • Pets Allowed: Cats OK, Dogs OK
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Interior Amenities: Elevator/Lift
  • Room Count: 12
  • Total Bedrooms: 3
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Sq Ft Combined: 3121
  • Total Sq Ft: 3121

Exterior Features

  • Pool: Yes
  • Foundation Details: Slab
  • Exterior Features: Tennis Court, Club House, Lighting, Pool - Inground
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Heat Pump
  • Heating: Heat Pump
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Phone: esciopu@HABITAT.COM
  • Association Fee: 1376
  • Association Contact: Elena Sciopu
  • Association Fee: Yes

Schools

  • School District: Southfield Public Schools

Lot Info

  • Parcel Number: 2422427162

Rental Info

  • Tenant Amenities: Fitness Center

Tax Info

  • Tax Amount Summer: 4245.0000
  • Tax Amount Winter: 714.0000
  • Total Tax: 4959.0000
  • Taxable Value: 83994.0000

MLS Schools

  • School District: Southfield Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 30, 2024
Sold by
Williams Charlie J
Bought by
Williams Charlie J and Williams-Claybourne Darnella
Current Estimated Value
$279,925

Purchase Details

Listed on
Apr 3, 2024
Closed on
Sep 17, 2024
Sold by
Mallad Allie T
Bought by
Williams Charlie J
Seller's Agent
Ali T. Charara
Century 21 Curran & Oberski
Buyer's Agent
Krishawn Peace
List Price
$349,900
Sold Price
$300,000
Premium/Discount to List
-$49,900
-14.26%
Views
241

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.15%

Purchase Details

Closed on
Apr 24, 2017
Sold by
Coleman Donold A and Comerica Bank
Bought by
Mallad Allie T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,000
Interest Rate
4.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 20, 2011
Sold by
Coleman Jo O and The Jo O Coleman Revocable Tru
Bought by
Coleman Donald A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$530,000
Interest Rate
4.81%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Apr 27, 2010
Sold by
Coleman Jo O
Bought by
Coleman Donald A

Purchase Details

Closed on
Sep 27, 2004
Sold by
Coleman Donald A and Coleman Jo O
Bought by
Coleman Jo O and Jo O Coleman Revocable Trust

Purchase Details

Closed on
Nov 22, 2000
Sold by
Steward William
Bought by
Coleman Donald A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
7.8%

Purchase Details

Closed on
Nov 6, 1997
Sold by
5000 Town Ctr Assoc Ltd
Bought by
Steward William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,050
Interest Rate
7.46%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed -- None Listed On Document
Deed -- None Listed On Document
Warranty Deed $300,000 Title One
Fiduciary Deed -- None Available
Interfamily Deed Transfer -- None Available
Warranty Deed -- None Available
Warranty Deed -- --
Warranty Deed $200,000 --
Warranty Deed $178,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $625,000 New Conventional
Previous Owner $530,000 Future Advance Clause Open End Mortgage
Previous Owner $180,000 No Value Available
Previous Owner $157,050 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2024 09/16/24 Sold $300,000 -9.1% $96 / Sq Ft
09/05/2024 09/05/24 Pending -- -- --
06/28/2024 06/28/24 Price Changed $329,900 -5.7% $106 / Sq Ft
04/03/2024 04/03/24 For Sale $349,900 -- $112 / 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 $4,318 $106,430 $23,200 $83,230
2021 $4,584 $96,030 $19,500 $76,530
2020 $3,965 $87,340 $15,000 $72,340
2018 $4,707 $73,210 $15,000 $58,210
2015 -- $46,480 $0 $0
2014 -- $42,040 $0 $0
2011 -- $51,680 $0 $0
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: Realcomp

MLS Number: 20240021024

Realcomp

APN: 24-22-427-162