NOT LISTED FOR SALE

5000 Town Center Unit#2003 Southfield, MI 48075

Estimated Value: $245,414 - $289,000

3 Beds
2.5 Baths
1,857 Sq Ft
$806/mo HOA Fee

Last Sold March 29, 2017

Last sale price $175,000 $94 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $2,528/month

139 Days on Market

Highlights

  • Golf Course Community
  • Clubhouse
  • 2 Car Direct Access Garage
  • In Ground Pool
  • Corner Lot
  • Wet Bar

About This Home

As of March 2017

Completely renovated in 2014. 20th floor 3 BR 2.5 BA unit, with almost 1900 sf, offers an exquisite panoramic view. Each window frames a perfect picture of north, east and south views. Seller spared no expense in renovating unit: bathrooms and kitchen, floors (marble and ceramic), closets, window treatment, paint, granite counters, cupboards, top of the line appliances including smart fridge. Bonus: 2 master bedrooms. 3rd bedroom used as den/office with French doors. Owning this luxurious unit allows you to enjoy all the amenities offered: 24/7 concierge to screen visitors, fitness center w/ sauna & shower, outdoor heated pool, spacious "Award Winning" grounds w/ tennis courts & BBQ areas, CCTV surveillance, assigned parking in secured monitored garage & free visitor parking. Walking distance to golf course, public library & multiplex sports facility. You are in the "center of it all" and minutes to major hospitals, LTU and 2 major xways. Come. Enjoy the lifestyles!

Last Agent to Sell the Property

Lydia Burnett Etchen

Century 21 Professionals Troy License #6501267176 Listed on: 10/04/2016

Century 21 Professionals Troy

Last Buyer's Agent

Khalil Hachem

Premier One Group Inc License #6501389582

Property Details

Home Type

  • Condominium

Est. Annual Taxes

Year Built

  • Built in 1982

Lot Details

  • Property fronts a private road

HOA Fees

  • $806 Monthly HOA Fees

Home Design

  • Poured Concrete
  • Stone Siding

Interior Spaces

  • 1,857 Sq Ft Home
  • 1-Story Property
  • Wet Bar

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Basement

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

Parking

  • 2 Parking Garage Spaces
  • Garage Door Opener

Accessible Home Design

  • Disabled Access
  • Accessibility Features

Outdoor Features

  • In Ground Pool
  • Exterior Lighting

Utilities

  • Zoned Heating and Cooling System
  • Back Up Electric Heat Pump System
  • Radiant Heating System
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2422427135

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

  • Golf Course Community
  • Tennis Courts

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,144

Year Built

Built in 1982

Lot Details

0

HOA Fees

$806 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
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available, Elevator/Lift, High Spd Internet Avail, Wet Bar
  • Room Count: 10
  • Total Bedrooms: 3
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Common, Walk-Up Access
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Range/Stove, Washer
  • Sq Ft Combined: 1857
  • Total Sq Ft: 1857

Exterior Features

  • Pool: Yes
  • Foundation Details: Basement
  • Construction Materials: Stone
  • Exterior Features: BBQ Grill, Club House, Grounds Maintenance, Lighting, Pool - Inground, Tennis Court
  • Foundation Materials: Poured
  • Road Frontage Type: Private

Garage/Parking

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

Utilities

  • Heating Fuel: Electric
  • Cooling: Central Air
  • Heating: Radiant, Zoned
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Electric
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • HOA Fee Includes: Water
  • Association Fee Frequency: Monthly
  • Phone: 248 352 3860
  • Association Fee: 806
  • Association Contact: ELENA
  • Association Fee: Yes

Schools

  • School District: Southfield Public Schools

Lot Info

  • Lot Features: Corner Lot, Golf Community
  • Parcel Number: 2422427135

Tax Info

  • Tax Amount Summer: 2442.0000
  • Tax Amount Winter: 702.0000
  • Total Tax: 3144.0000

MLS Schools

  • School District: Southfield Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2016
Closed on
Apr 17, 2017
Sold by
Jones Judith M
Bought by
Mallad Erica
Seller's Agent
Lydia Burnett Etchen
Century 21 Professionals Troy
Buyer's Agent
Khalil Hachem
Premier One Group Inc
List Price
$249,900
Sold Price
$175,000
Premium/Discount to List
-$74,900
-29.97%
Current Estimated Value
$268,854

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,854
Avg. Annual Appreciation
5.00%
Interest Rate
4.08%

Purchase Details

Closed on
Jan 15, 2014
Sold by
The Chrisanthe Prappas Revocable Living
Bought by
Jones Judith

Purchase Details

Closed on
Oct 14, 2011
Sold by
Prappas Chrisanthe V
Bought by
Prappas Chrisanthe and Amended & Restated Chrisanthe Prappas Re

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,400
Interest Rate
4.02%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 21, 2004
Sold by
Prappas Chrisanthe
Bought by
Prappas Chrisanthe and Chrisanthe Prappas Revocable Living Tr

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
5.83%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 24, 2003
Sold by
Prappas Chrisanthe V
Bought by
Prappas Chrisanthe and Chrisanthe Prappas Revocable Living Tr

Purchase Details

Closed on
Sep 25, 2002
Sold by
Rapp Gregory Joseph Ryan
Bought by
Prappas Chrisanthe V

Purchase Details

Closed on
Mar 28, 1996
Sold by
5000 Town Center Assoc L
Bought by
Rappa Gregory J R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,200
Interest Rate
7.36%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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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
Mallad Erica $175,000 --
Jones Judith $210,000 Title Connect Llc
Prappas Chrisanthe -- None Available
Prappas Chrisanthe -- American Title Co Washtenaw
Prappas Chrisanthe -- American Title Co Washtenaw
Prappas Chrisanthe -- --
Prappas Chrisanthe V $255,000 --
Rappa Gregory J R $184,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Mallad Erica --
Open Mallad Erica $140,000
Previous Owner Prappas Chrisanthe $113,400
Previous Owner Prappas Chrisanthe $125,000
Previous Owner Rappa Gregory J R $147,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2017 03/29/17 Sold $175,000 -12.5% $94 / Sq Ft
02/20/2017 02/20/17 Pending -- -- --
01/22/2017 01/22/17 Price Changed $199,900 -2.4% $108 / Sq Ft
01/13/2017 01/13/17 Price Changed $204,900 -2.4% $110 / Sq Ft
10/19/2016 10/19/16 Price Changed $209,900 -16.0% $113 / Sq Ft
10/04/2016 10/04/16 For Sale $249,900 -- $135 / 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 $4,896 $110,140 $23,200 $86,940
2021 $4,739 $99,450 $19,500 $79,950
2020 $4,098 $90,570 $15,000 $75,570
2018 $4,866 $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

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Map

Source: Realcomp

MLS Number: 216097736

Realcomp

APN: 24-22-427-135