NOT LISTED FOR SALE

5000 Town Center, Unit 2403 Southfield, MI 48075

Estimated Value: $249,180 - $645,000

3 Beds
3.5 Baths
4,472 Sq Ft
$1,973/mo HOA Fee

Last Sold September 01, 2022

Last sale price $525,000 $117 Per Sq Ft

Est. 27% decrease in value since last sale

Current estimated payment $4,461/month

199 Days on Market

Highlights

  • Ground Level Unit
  • 1-Story Property
  • High-Rise Condominium
  • 6 Car Garage
  • Dogs and Cats Allowed

About This Home

As of September 2022

New Listing! The only one of its kind at 5000 Town Center! Stunning views throughout this exceptional luxury condo on the 24th floor. Entertainer's delight with open concept living room, full bar, dining room, flowing into large eat-in kitchen with lounge area. Unit is bathed in natural light, custom features, marble floors, built-ins, granite counters. Spacious master suite w/sitting area, wet bar, WIC w/view, 2 master baths, plus add'l WIC. Two more bedrooms (one currently used as tv room), full bath, & laundry room. Large entry foyer, trophy office, and gorgeous powder room. Enjoy a full-service building with 24/7 concierge, valet (for fee), wi-fi access, pkg services, heated pool, tennis, bbq, banquet, fitness center, sauna, park like setting, golf course across street. Three (3) on-site storage units & six (6) assigned spaces in the parking garage! HOA includes all services and amenities, plus water, maintenance & repair of heating/cooling, trash.
All M/D approximate. BATVAI.

Last Agent to Sell the Property

Rachelle Cherkasov

Forward, REALTORS® License #6501406396 Listed on: 01/11/2022

Forward, REALTORS®

Last Buyer's Agent

Rachelle Cherkasov

Forward, REALTORS® License #6501406396 Listed on: 01/11/2022

Forward, REALTORS®

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1982

Lot Details

  • 5.23

HOA Fees

  • $1,973 Monthly HOA Fees

Home Design

  • Pillar, Post or Pier Foundation
  • Block Foundation
  • Masonry

Interior Spaces

  • 4,472 Sq Ft Home
  • 1-Story Property
  • Walk-Out Basement

Kitchen

  • Built-In Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Parking Garage Spaces
  • Garage Door Opener

Location

  • Ground Level Unit

Utilities

  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2422427159

Community Details

Overview

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

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Year Built

Built in 1982

Lot Details

0

HOA Fees

$1,973 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: High Rise
  • Architecture Level: 1 Story
  • Year Built: 1982
  • State Equalized Value: 268510.0000
  • Entry Location: Ground Level
  • Pets Allowed: Call, Cats OK, Dogs OK, Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Room Count: 13
  • Total Bedrooms: 3
  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Kitchen Appliances: Built-In Electric Oven, Dishwasher, Dryer, Electric Cooktop, Free-Standing Refrigerator, Microwave, Washer
  • Sq Ft Combined: 4472
  • Total Sq Ft: 4472

Exterior Features

  • Foundation Details: Pillar/Post/Pier
  • Construction Materials: Block/Concrete/Masonry
  • Foundation Materials: Block
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 6 or More
  • Garage Features: 2+ Assigned Spaces, Direct Access, Door Opener, Basement Access, Detached
  • Garage: Yes

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Snow Removal, Maintenance Structure, Maintenance Grounds, Security, Trash, Water
  • Association Fee Frequency: Monthly
  • Phone: esciopu@habitat.com
  • Association Fee: 1973
  • Association Contact: Elena Sciopu
  • Association Fee: Yes

Schools

  • School District: Southfield Public Schools

Lot Info

  • Parcel Number: 2422427159

Tax Info

  • Tax Amount Summer: 10738.9300
  • Tax Amount Winter: 2533.0000
  • Total Tax: 13271.0000
  • Taxable Value: 206722.0000

MLS Schools

  • School District: Southfield Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2022
Closed on
Sep 1, 2022
Sold by
Mallad Allie T
Bought by
Abraham-Glass Sandra
Seller's Agent
Rachelle Cherkasov
Forward, REALTORS®
Buyer's Agent
Rachelle Cherkasov
Forward, REALTORS®
List Price
$549,000
Sold Price
$525,000
Premium/Discount to List
-$24,000
-4.37%
Current Estimated Value
$385,795

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$139,205
Avg. Annual Appreciation
-11.50%
Original Mortgage
$300,001
Outstanding Balance
$288,702
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$76,149

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
Jan 29, 1998
Sold by
Kissell Klair
Bought by
Coleman Donald A

Purchase Details

Closed on
Apr 8, 1996
Sold by
5000 Town Ctr Assoc Ltd
Bought by
Kissel Klair
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
Abraham-Glass Sandra $525,000 Liberty Title
Mallad Allie T -- None Available
Coleman Donald A -- None Available
Coleman Donald A -- None Available
Coleman Donald A $200,000 --
Kissel Klair $192,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abraham-Glass Sandra $300,001
Previous Owner Mallad Allie $625,000
Previous Owner Coleman Donald A $530,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2022 09/01/22 Sold $525,000 0.0% $117 / Sq Ft
07/30/2022 07/30/22 Pending -- -- --
04/26/2022 04/26/22 Off Market $525,000 -- --
01/11/2022 01/11/22 For Sale $549,000 -- $123 / 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 $5,410 $110,140 $23,200 $86,940
2021 $5,309 $99,450 $19,500 $79,950
2020 $4,214 $90,570 $15,000 $75,570
2018 $4,934 $75,670 $15,000 $60,670
2015 -- $48,230 $0 $0
2014 -- $43,590 $0 $0
2011 -- $52,940 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Rachelle Cherkasov

    Seller's Agent in 2022

    Rachelle Cherkasov

    Forward, REALTORS®

    (248) 792-8190

    1 in this area

    13 Total Sales

    Rachelle Cherkasov
    Section Image
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About This Building

Map

Source: Realcomp

MLS Number: 2220000418

Realcomp

APN: 24-22-427-159

Michigan Oakland County Southfield 48075

5000 Town Center Unit 2403, Southfield, MI

This home is located at 5000 Town Center Unit 2403, Southfield, MI 48075 since 11 January 2022 and is currently estimated at $385,795, approximately $86 per square foot. This property was built in 1982. 5000 Town Center Unit 2403 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.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
Copyright 2025 Realcomp II Ltd. Shareholders
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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