NOT LISTED FOR SALE

503 E Dallas Ave Madison Heights, MI 48071

Estimated Value: $170,000 - $192,626

3 Beds
1 Bath
1,131 Sq Ft
$163/Sq Ft Est. Value

Last Sold March 29, 2022

Last sale price $141,000 $125 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $1,326/month

Highlights

  • Ranch Style House
  • Ground Level Unit
  • 2 Car Detached Garage
  • Corner Lot
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of March 2022

Affordable corner ranch. Full 2 car garage. Fenced yard. Easy access to freeways. Updates include new roof and siding (2018), new sewer line to street (2021), newer hot water heater. Nice size master bedroom with doorwall access outside, large laundry entry. House is as-is and needs some TLC. Measurements estimated - to be verified by buyer.

Last Agent to Sell the Property

Lou Bitove

New Home Experts, LLC License #6502375014 Listed on: 03/15/2022

Last Buyer's Agent

Amy Shihua Tian

Community Choice Realty Inc License #6501313707

Community Choice Realty Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1951

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 40.00x108.00
  • Corner Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Ranch Style House
  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,131 Sq Ft Home
  • Ceiling Fan
  • Crawl Space

Kitchen

  • Free-Standing Gas Oven
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Location

  • Ground Level Unit

Utilities

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

Community Details

  • No Home Owners Association
  • Oaklawn Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2524310021

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,083

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1951
  • State Equalized Value: 52180.0000
  • Entry Location: Ground Level
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 7
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Kitchen Appliances: Dryer, Free-Standing Gas Oven, Free-Standing Refrigerator, Microwave, Washer
  • Sq Ft Combined: 1131
  • Total Sq Ft: 1131

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Crawl
  • Construction Materials: Vinyl
  • Foundation Materials: Block
  • Frontage Feet: 40
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Detached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), 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

Schools

  • School District: Madison (Madison Hts.)

Lot Info

  • Homestead: Yes
  • List Price per Acre: 999000.0000
  • Lot Features: Corner Lot
  • Lot Size Area: 0.10
  • Lot Dimensions: 40.00X108.00
  • Parcel Number: 2524310021

Tax Info

  • Tax Amount Summer: 996.0000
  • Tax Amount Winter: 87.0000
  • Total Tax: 1083.0000
  • Taxable Value: 22970.0000

MLS Schools

  • School District: Madison (Madison Hts.)

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2022
Closed on
Mar 29, 2022
Sold by
Condon David J
Bought by
Zhu Yiming
Seller's Agent
Lou Bitove
New Home Experts, LLC
Buyer's Agent
Amy Shihua Tian
Community Choice Realty Inc
List Price
$99,900
Sold Price
$141,000
Premium/Discount to List
$41,100
41.14%
Current Estimated Value
$184,907

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,907
Avg. Annual Appreciation
7.61%

Purchase Details

Closed on
Apr 4, 2006
Sold by
Mortgage Guaranty Insurance Corp
Bought by
Condon David J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.48%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 18, 2005
Sold by
Jpmorgan Chase Bank
Bought by
Mortgage Guaranty Insurance Corp

Purchase Details

Closed on
Sep 14, 2004
Sold by
Wells John B
Bought by
Jp Morgan Chase Bank
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
Zhu Yiming $141,000 None Listed On Document
Condon David J $100,000 None Available
Mortgage Guaranty Insurance Corp $107,365 None Available
Jp Morgan Chase Bank $95,891 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Condon David J $80,000
Previous Owner Condon David J $15,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2022 03/29/22 Sold $141,000 +41.1% $125 / Sq Ft
03/16/2022 03/16/22 Pending -- -- --
03/15/2022 03/15/22 For Sale $99,900 -- $88 / 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
2024 $3,752 $76,800 $0 $0
2023 $3,596 $70,280 $0 $0
2022 $1,110 $58,110 $0 $0
2021 $1,082 $52,180 $0 $0
2020 $1,028 $48,400 $0 $0
2019 $1,114 $43,250 $0 $0
2018 $1,099 $30,660 $0 $0
2017 $1,066 $30,660 $0 $0
2016 $1,012 $27,840 $0 $0
2015 -- $24,130 $0 $0
2014 -- $21,100 $0 $0
2011 -- $27,970 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2022

    Lou Bitove

    New Home Experts, LLC

    Section Image

  • A

    Buyer's Agent in 2022

    Amy Shihua Tian

    Community Choice Realty Inc

    (248) 413-7034

    26 in this area

    93 Total Sales

    Section Image
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Map

Source: Realcomp

MLS Number: 2220017360

Realcomp

APN: 25-24-310-021

Michigan Oakland County Madison Heights 48071

503 E Dallas Ave, Madison Heights, MI

This home is located at 503 E Dallas Ave, Madison Heights, MI 48071 since 15 March 2022 and is currently estimated at $184,907, approximately $163 per square foot. This property was built in 1951. 503 E Dallas Ave is a home located in Oakland County with nearby schools including Madison High School.

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
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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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