NOT LISTED FOR SALE

5020 Chicago Rd Warren, MI 48092

Northwest Warren Neighborhood

Estimated Value: $292,000 - $348,000

3 Beds
2.5 Baths
1,600 Sq Ft
0.46 Acre Lot

Sale Details

Date Sold: March 10, 2021

Last sale price $250,000 $156 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $2,367 / mo

Highlights

  • 0.46 Acre Lot
  • No HOA
  • Forced Air Heating and Cooling System
  • Ground Level Unit
  • 4 Car Attached Garage
  • Fenced

About This Home

As of March 2021

Rare Find! Builders, Developers, and Investors will be pleased to find this 3 unit multi-family property. 1 unit has been finished (approx. 1600 sq. ft). This property is a blank slate, the unfinished lower unit has an approx. 1400 sq. ft and unfinished second level unit has an approx. 1800-2000 sq. ft. The final finishes are up to you! The attached garage is connected to all 3 units with an approximate total of 1750 sq. ft. There is enough parking for 6 or more vehicles. Great opportunity for investment. Projected rent for all 3 units estimated at $5,000 total per month. 24-hour notice for showings and no evening appointments due to lighting in unfinished units. Currently Approved as a 2 unit, will need city approval for 3rd unit.

Last Agent to Sell the Property

Wendi Miller

Good Company License #6501366866 Listed on: 01/13/2021

Good Company

Last Buyer's Agent

David Thomas

National Realty Centers, Inc License #RCO-6501411961

National Realty Centers, Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

Year Built

  • Built in 1946

Lot Details

  • 0.46

Parking

  • 4 Car Attached Garage

Home Design

  • Loft
  • Slab Foundation
  • Poured Concrete
  • Asphalt Roof
  • Stone Siding
  • Vinyl Construction Material

Interior Spaces

  • 1,600 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Additional Features

  • Fenced
  • Ground Level Unit

Listing and Financial Details

  • Assessor Parcel Number 1305401015

Community Details

Overview

  • No Home Owners Association
  • Assessors Addition Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,629

Year Built

Built in 1946

Lot Details

0.46 Acres

Listing Details

  • Property Type: Residential
  • Architecture Style: Loft
  • Architecture Level: 2 Story
  • Year Built: 1946
  • State Equalized Value: 163220.0000
  • Entry Location: Ground Level
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Sq Ft: 1600

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Slab
  • Construction Materials: Stone, Vinyl
  • Exterior Features: Fenced
  • Foundation Materials: Poured
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 4 Car
  • Garage Features: Attached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Homestead: Yes
  • List Price per Acre: 554347.8261
  • Lot Size Area: 0.46
  • Lot Dimensions: 116.00X172.00
  • Parcel Number: 1305401015

Tax Info

  • Tax Amount Summer: 4497.0000
  • Tax Amount Winter: 132.0000
  • Total Tax: 4629.0000
  • Taxable Value: 84560.0000

MLS Schools

  • School District: Warren Con

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2021
Closed on
Mar 10, 2021
Sold by
Bought by
Seller's Agent
Wendi Miller
Good Company
Buyer's Agent
David Thomas
National Realty Centers, Inc
Sold Price
$250,000
Current Estimated Value
$324,746

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,746
Avg. Annual Appreciation
4.99%
Original Mortgage
$225,000
Interest Rate
0.0273%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 2, 1997
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$250,000 Devon Title Agency
$48,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $225,000
Previous Owner $134,683
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/10/2021 03/10/21 Sold $250,000 -- $156 / Sq Ft
01/13/2021 01/13/21 Pending -- -- --
Source: Realcomp

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $7,227 $139,370 $0 $0
2025 $7,021 $135,780 $0 $0
2024 $70 $134,380 $0 $0
2023 $9,975 $156,570 $0 $0
2022 $9,719 $143,450 $0 $0
2021 $5,963 $135,840 $0 $0
2020 $4,664 $126,360 $0 $0
2019 $4,497 $163,220 $0 $0
2018 $129 $107,640 $0 $0
2017 $4,509 $105,530 $23,350 $82,180
2016 $4,504 $105,530 $0 $0
2015 -- $89,730 $0 $0
2012 -- $79,650 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Wendi Miller

    Seller's Agent in 2021

    Wendi Miller

    Good Company

    (248) 568-9881

    67 Total Sales

    Wendi Miller
    Section Image
  • David Thomas

    Buyer's Agent in 2021

    David Thomas

    National Realty Centers, Inc

    (248) 872-9001

    21 Total Sales

    David Thomas
    Section Image
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Map

Source: Realcomp

MLS Number: 2210002725

Realcomp

APN: 12-13-05-401-015

Michigan Macomb County Warren 48092 Northwest Warren

5020 Chicago Rd, Warren, MI

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