NOT LISTED FOR SALE

516 Graten St Unit 8 Birmingham, MI 48009

Estimated Value: $527,000 - $652,229

2 Beds
3 Baths
2,234 Sq Ft
$252/Sq Ft Est. Value

Last Sold October 30, 2024

Last sale price $517,500 $232 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $4,053/month

49 Days on Market

Highlights

  • Built-In Refrigerator
  • Deck
  • Stainless Steel Appliances
  • Pembroke Elementary School Rated A
  • Jetted Tub in Primary Bathroom
  • Balcony

About This Home

As of October 2024

Townhome in the heart of Birmingham's Rail District. Steps from Whistle Stop, Giffin Claw, Attard Lumiere coffee shop at the end of the street, Whole Foods and the resturants, gyms & salons on Cole & Lincoln St. One mile walk through the neighbrhood to all the dining and shopping in Downtown Birmingham. Entry level home office with french doors and large windows overlooking entry courtyard. Hardwood floors, crown molding, recessed lights and Restoration Hardware light fixtures. Open concept floor plan with kitchen, dining and living rooms all adjacent to each other. Kitchen features solid oak cabients, Frigidaire, GE & Whirlpool stainless steel appliances, four-burner gas cooktop, room to add a double oven. Dining room drybar, built-in wine racks and glass display cabinets. Doorwall to deck off the dining room, with western sunset exposure. Living room gas fireplace. Large bedrooms. Primary bedroom walk-in closet, second closet and second bedroom closet all feature custom built-in closet organizers. Dual sink vanity, jetted tub, shower, water closet and new barn door. Laundry on the same floor as bedrooms. Fourth floor makes for a perfect TV/media room and home gym, vaulted ceiling, skylights and half bath with room to convert into a full bath and additional bedroom. NEST Thermostate, security system, Lennox AC and Honeywell Humidifier installed 2018. Two car attached, tandem garage with additional storage cabinets. Low monthly HOA covering exterior building maintenance, landscaping & snow removal, trash, sewer & water. New roof Summer 2023. Makes for a great rental investment property. Birmingham Schools: Pembrooke Elementary School, Derby Middle School and Seaholm High School. Enjoy the conveniences of condo living and the walkability of Birmingham!

Last Listed By

Matthew Barker

Max Broock, REALTORS®-Birmingham License #6501359589 Listed on: 09/06/2024

Max Broock, REALTORS®-Birmingham

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

Year Built

  • Built in 2003

Lot Details

  • 2,788

HOA Fees

  • $350 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Roof

Interior Spaces

  • 2,234 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Living Room with Fireplace
  • Stacked Washer and Dryer

Kitchen

  • Built-In Electric Oven
  • Gas Cooktop
  • Microwave
  • Built-In Refrigerator
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Jetted Tub in Primary Bathroom

Parking

  • 2 Car Direct Access Garage
  • Tandem Garage

Outdoor Features

  • Balcony
  • Deck
  • Exterior Lighting

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • Programmable Thermostat
  • Natural Gas Water Heater
  • High Speed Internet

Additional Features

  • Private Entrance
  • Ground Level

Listing and Financial Details

  • Assessor Parcel Number 2031204008

Community Details

Overview

  • Https://Www.Mcshanemanagement.Com/ Association, Phone Number (248) 855-6492
  • Eton Street Station I Condo Subdivision
  • On-Site Maintenance

Amenities

  • Laundry Facilities

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,198

Year Built

Built in 2003

Lot Details

0

HOA Fees

$350 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: Townhouse
  • Architecture Level: 3 Story
  • Year Built: 2003
  • State Equalized Value: 206410.0000
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 3

Interior Features

  • Interior Amenities: High Spd Internet Avail, Humidifier, Jetted Tub, Programmable Thermostat
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Living Room
  • Room Count: 11
  • Total Bedrooms: 2
  • Total Bathrooms: 1.20
  • Full Bathrooms: 1
  • Half Bathrooms: 2
  • Kitchen Appliances: Built-In Electric Oven, Built-In Refrigerator, Dishwasher, Disposal, Dryer, Gas Cooktop, Microwave, Stainless Steel Appliance(s), Washer, Washer/Dryer Stacked
  • Sq Ft Combined: 2234
  • Total Sq Ft: 2234

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Slab
  • Construction Materials: Brick
  • Exterior Features: Grounds Maintenance, Lighting, Private Entry
  • Porch Type: Balcony, Deck
  • Road Frontage Type: Paved, Pub. Sidewalk
  • Sideof Street: W

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Direct Access, Electricity, Tandem, Attached
  • 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: Yes

Condo/Co-op/Association

  • HOA Fee Includes: Snow Removal, Maintenance Structure, Maintenance Grounds, Sewer, Trash, Water
  • Association Fee Frequency: Monthly
  • Phone: (248) 855-6492
  • Association Fee: 350
  • Association Contact: https://www.mcshanemanagement.com/
  • Association Fee: Yes

Schools

  • School District: Birmingham

Lot Info

  • Homestead: Yes
  • Lot Features: Level
  • Parcel Number: 2031204008

Rental Info

  • Tenant Amenities: Laundry In-Unit

Tax Info

  • Tax Amount Summer: 6345.0000
  • Tax Amount Winter: 853.0000
  • Total Tax: 7198.0000
  • Taxable Value: 204190.0000

MLS Schools

  • School District: Birmingham

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2024
Closed on
Oct 30, 2024
Sold by
Ketko Ashley N and Young Ashley N
Bought by
Farr Dustin
Seller's Agent
Matthew Barker
Max Broock, REALTORS®-Birmingham
Buyer's Agent
Daffy Duck
Unidentified Office
List Price
$574,900
Sold Price
$517,500
Premium/Discount to List
-$57,400
-9.98%
Total Days on Market
49
Views
29
Current Estimated Value
$563,307

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,807
Avg. Annual Appreciation
17.72%
Original Mortgage
$491,625
Outstanding Balance
$489,191
Interest Rate
6.08%
Mortgage Type
New Conventional
Estimated Equity
$74,116

Purchase Details

Listed on
Aug 24, 2015
Closed on
Sep 12, 2015
Sold by
Mahoney Randolph Scott
Bought by
Ketko Ashley N and Ketko Rick A
Seller's Agent
Crist Stilianos
Max Broock, REALTORS®-Birmingham
Buyer's Agent
Saverio Montalto
DOBI Real Estate
List Price
$349,000
Sold Price
$349,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.42%
Original Mortgage
$314,100
Interest Rate
3.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 7, 2003
Sold by
Hitchingham Development Co Llc
Bought by
Mahoney Randolph Scott

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
Farr Dustin $517,500 Capital Title
Farr Dustin $517,500 Capital Title
Ketko Ashley N $349,000 None Available
Mahoney Randolph Scott $308,883 Title One Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Farr Dustin $491,625
Closed Farr Dustin $491,625
Previous Owner Young Ashley Noel $200,000
Previous Owner Ketko Ashley N $314,100
Previous Owner Mahoney Randolph Scott $352,500
Previous Owner Mahoney Randolph Scott $350,000
Previous Owner Mahoney Randolph Scott $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2024 10/30/24 Sold $517,500 -10.0% $232 / Sq Ft
10/25/2024 10/25/24 Pending -- -- --
09/06/2024 09/06/24 For Sale $574,900 +64.7% $257 / Sq Ft
09/24/2015 09/24/15 Sold $349,000 0.0% $178 / Sq Ft
08/24/2015 08/24/15 Pending -- -- --
08/24/2015 08/24/15 For Sale $349,000 -- $178 / 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 $6,955 $206,410 $0 $0
2023 $6,664 $194,780 $0 $0
2022 $7,145 $185,210 $0 $0
2021 $7,389 $183,780 $0 $0
2020 $6,733 $185,590 $0 $0
2019 $7,619 $181,940 $0 $0
2018 $7,561 $178,080 $0 $0
2017 $7,548 $175,660 $0 $0
2016 $7,562 $172,450 $0 $0
2015 -- $147,800 $0 $0
2014 -- $123,670 $0 $0
2011 -- $105,680 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20240066701

Realcomp

APN: 20-31-204-008