NOT LISTED FOR SALE

505 E Guthrie Ave Madison Heights, MI 48071

Estimated Value: $102,305 - $126,000

2 Beds
1 Bath
545 Sq Ft
$202/Sq Ft Est. Value

Last Sold November 30, 2023

Last sale price $87,500 $161 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $826/month

64 Days on Market

Highlights

  • Ranch Style House
  • Ground Level Unit
  • Porch
  • Corner Lot
  • No HOA
  • Patio

About This Home

As of November 2023

Adorable, 2 bed 1 bath ranch in a desirable neighborhood adjacent to Royal Oak, 696/75! This corner lot with a lovely fenced in yard, sidewalks, covered front porch and patio is yours to call home. New, complete tear-off roof 2022, newer laminate floors, new refrigerator and all appliances stay making this home move-in ready. Newly painted with lots of light makes it especially cozy. Don't miss this one, call today for your private showing!

Last Agent to Sell the Property

Jana Riutta

Century 21 Signature Realty License #6501402906 Listed on: 09/11/2023

Century 21 Signature Realty

Last Buyer's Agent

Unidentified Agent

Unidentified Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1942 | Remodeled in 1999

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 40.00 x 106.00
  • Back Yard Fenced
  • Corner Lot

Home Design

  • Ranch Style House
  • Asphalt Roof

Interior Spaces

  • 545 Sq Ft Home
  • Ceiling Fan
  • Free-Standing Gas Range
  • Washer and Dryer

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Patio
  • Shed
  • Porch

Location

  • Ground Level Unit

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • 100 Amp Service

Listing and Financial Details

  • Assessor Parcel Number 2524358018

Community Details

Overview

  • No Home Owners Association
  • John R Park Subdivision

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$721

Year Built

Built in 1942 | Remodeled in 1999

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1942
  • State Equalized Value: 38450.0000
  • Year Renovated: 1999
  • Entry Location: Ground Level
  • AgentOnly_ListPriceByAcre: 980000.0000
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: 100 Amp Service, Furnished - No
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Kitchen Appliances: Free-Standing Gas Range, Free-Standing Refrigerator, Washer Dryer-All In One
  • Total Sq Ft: 545

Exterior Features

  • Roof Material: Asphalt
  • Construction Materials: Aluminum
  • Exterior Features: Fenced
  • Porch Type: Patio, Porch
  • Road Frontage Type: Paved, Pub. Sidewalk
  • Fencing: Back Yard, Fenced

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s)
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)
  • Laundry Facilities: Yes

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Lot Features: Corner Lot
  • Lot Size Area: 0.10
  • Lot Dimensions: 40.00 x 106.00
  • Parcel Number: 2524358018

Tax Info

  • Tax Amount Summer: 663.0000
  • Tax Amount Winter: 58.0000
  • Total Tax: 721.0000
  • Taxable Value: 16150.0000

MLS Schools

  • School District: Madison (Madison Hts.)

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2023
Closed on
Nov 30, 2023
Sold by
Morehouse Vernon and Morehouse Andrew
Bought by
Morehouse Property Holdings Group Llc
Seller's Agent
Jana Riutta
Century 21 Signature Realty
Buyer's Agent
Unidentified Agent
Unidentified Office
List Price
$105,000
Sold Price
$87,500
Premium/Discount to List
-$17,500
-16.67%
Views
178
Current Estimated Value
$110,326

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,826
Avg. Annual Appreciation
11.38%

Purchase Details

Closed on
Mar 20, 2000
Sold by
Housing Plusinc
Bought by
Hackett Judith A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,100
Interest Rate
8.24%

Purchase Details

Closed on
Jun 7, 1999
Sold by
Kozlow Mark
Bought by
Housing Plusinc
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

Date Buyer Sale Price Title Company
Morehouse Property Holdings Group Llc -- Alliance Title
Morehouse Property Holdings Group Llc -- Alliance Title
Morehouse Vernon $87,500 Crossroads Title
Hackett Judith A $60,000 --
Housing Plusinc $44,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hackett Judith A $32,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2023 11/30/23 Sold $87,500 -10.7% $161 / Sq Ft
11/14/2023 11/14/23 Pending -- -- --
11/14/2023 11/14/23 Price Changed $98,000 -6.7% $180 / Sq Ft
10/24/2023 10/24/23 For Sale $105,000 0.0% $193 / Sq Ft
10/18/2023 10/18/23 Pending -- -- --
10/16/2023 10/16/23 Price Changed $105,000 -16.0% $193 / Sq Ft
09/11/2023 09/11/23 For Sale $125,000 -- $229 / Sq Ft
Source: Realcomp

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
2025 $2,881 $45,190 $0 $0
2024 $2,165 $42,580 $0 $0
2023 $686 $38,450 $0 $0
2022 $720 $34,150 $0 $0
2021 $702 $28,980 $0 $0
2020 $667 $24,700 $0 $0
2019 $723 $22,670 $0 $0
2018 $713 $18,450 $0 $0
2017 $692 $18,450 $0 $0
2016 $656 $17,160 $0 $0
2015 -- $14,250 $0 $0
2014 -- $13,460 $0 $0
2011 -- $18,390 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jana Riutta

    Seller's Agent in 2023

    Jana Riutta

    Century 21 Signature Realty

    (248) 320-8528

    1 in this area

    49 Total Sales

    Jana Riutta
    Section Image

  • U

    Buyer's Agent in 2023

    Unidentified Agent

    Unidentified Office

See All Agents

Map

Source: Realcomp

MLS Number: 20230076802

Realcomp

APN: 25-24-358-018

Michigan Oakland County Madison Heights 48071

505 E Guthrie Ave, Madison Heights, MI

Not Listed for Sale

Detached

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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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