NOT LISTED FOR SALE

504 Townsend St Birmingham, MI 48009

Estimated Value: $658,000 - $1,198,000

3 Beds
2 Baths
1,766 Sq Ft
$462/Sq Ft Est. Value

Last Sold September 05, 2024

Last sale price $645,000 $365 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $4,811/month

327 Days on Market

Highlights

  • Victorian Architecture
  • Porch
  • Garage
  • Pierce Elementary School Rated A
  • Forced Air Heating and Cooling System
  • 3-minute walk to Shain Park

About This Home

As of September 2024

Nestled in the historic Merrill, Townsend, Brown neighborhood, steps from renowned dining establishments, upscale shopping, art galleries, and cultural events. The location epitomizes the benefits of an urban lifestyle with a small-town feel. This two-story residence, lovingly preserved, boasts a one-bedroom, one-bath unit on the entry level and a spacious two-bedroom, one-bath unit on the second floor. This property offers fantastic potential to convert to a single-family residence. The historical designation ensures that its timeless charm and architectural significance will be preserved for generations to come. Whether you're an investor looking for a unique income property, a family seeking to embrace history, or a combination of both, this multi-family home in downtown Birmingham provides a rare chance to own a piece of local heritage. Don't miss this opportunity to become a steward of history while enjoying the vibrant lifestyle this location affords. Schedule a showing today to experience the charm and potential of this remarkable property. Seller is a licensed broker; listing agent is related to seller. Included Appliances: Dishwasher (1 - First Floor Unit), Refrigerator(s) 2, Microwave (1), Range (2), Disposal (2). Excluded Appliances: Washer (2), Dryer (2).

Last Agent to Sell the Property

Caitlin Rosso

Max Broock, REALTORS®-Birmingham License #6502391167 Listed on: 09/27/2023

Max Broock, REALTORS®-Birmingham

Last Buyer's Agent

Unidentified Agent

Unidentified Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1901

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 60x103

Parking

  • Garage

Home Design

  • Victorian Architecture
  • Block Foundation
  • Stone Foundation
  • Asphalt Roof

Interior Spaces

  • 2 Full Bathrooms
  • 1,766 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Crawl Space

Outdoor Features

  • Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 1936131017

Community Details

Overview

  • 2 Units
  • Castle Add Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,031

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Victorian
  • Architecture Level: 2 Story
  • Year Built: 1901
  • State Equalized Value: 299380.0000
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 1766
  • Total Sq Ft: 1766
  • Sq Ft Total Bsmt: 878

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Crawl, Basement
  • Construction Materials: Wood
  • Foundation Materials: Block, Stone
  • Frontage Feet: 60
  • Porch Type: Porch
  • Road Frontage Type: Paved

Garage/Parking

  • Garage: Yes
  • MF Parking: Garage

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)

Schools

  • School District: Birmingham

Lot Info

  • Lot Size Area: 0.14
  • Lot Dimensions: 60x103
  • Parcel Number: 1936131017
  • Zoning: Residential

Tax Info

  • Tax Amount Summer: 5615.0000
  • Tax Amount Winter: 1416.0000
  • Total Tax: 7031.0000
  • Taxable Value: 137830.0000

Multi Family

  • Number Of Units Total: 2
  • Unit Count: 2
  • Number of One Bedroom Units: 1
  • Number of Two Bedroom Units: 1

MLS Schools

  • School District: Birmingham

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2023
Closed on
Sep 6, 2024
Sold by
Jbg Investments Ltd
Bought by
Gordon Brian and Gordon Julie
Seller's Agent
Caitlin Rosso
Max Broock, REALTORS®-Birmingham
Buyer's Agent
Unidentified Agent
Unidentified Office
List Price
$725,000
Sold Price
$645,000
Premium/Discount to List
-$80,000
-11.03%
Views
548
Current Estimated Value
$815,156

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,156
Avg. Annual Appreciation
24.46%

Purchase Details

Listed on
Sep 27, 2023
Closed on
Sep 5, 2024
Sold by
Rosso Development Co
Bought by
Jbg Investments Ltd
Seller's Agent
Caitlin Rosso
Max Broock, REALTORS®-Birmingham
Buyer's Agent
Unidentified Agent
Unidentified Office
List Price
$725,000
Sold Price
$645,000
Premium/Discount to List
-$80,000
-11.03%
Views
548
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
Gordon Brian -- None Listed On Document
Jbg Investments Ltd -- Capital Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/05/2024 09/05/24 Sold $645,000 -3.6% $365 / Sq Ft
08/19/2024 08/19/24 Pending -- -- --
06/19/2024 06/19/24 Price Changed $669,000 -7.7% $379 / Sq Ft
09/27/2023 09/27/23 For Sale $725,000 -- $411 / 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 $5,884 $328,370 $0 $0
2023 $5,615 $299,380 $0 $0
2022 $6,769 $279,570 $0 $0
2021 $6,599 $266,100 $0 $0
2020 $5,233 $241,800 $0 $0
2019 $6,483 $235,740 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20230081970

Realcomp

APN: 19-36-131-017