NOT LISTED FOR SALE

535 Wallace St Birmingham, MI 48009

Estimated Value: $858,000 - $1,056,000

3 Beds
3.5 Baths
1,872 Sq Ft
$503/Sq Ft Est. Value

Last Sold May 21, 2021

Last sale price $590,000 $315 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $6,306/month

41 Days on Market

Highlights

  • Spa
  • Colonial Architecture
  • Ground Level Unit
  • Pierce Elementary School Rated A
  • Deck
  • No HOA

About This Home

As of May 2021

Welcome to the stunning gem in the heart of downtown Birmingham. This is a true rare find for the unique clients looking for space and tranquility. Home features 3 bedrooms (loft is currently has no closet but one can be added) First floor has a den with hardwood floors throughout, kitchen comes with new custom cabinets, convection oven, 6 burner gas cook top, commercial hood, built in microwave, stainless tile back splash, granite ctops and built in refrigerator. Eating area overlooks private deck and treed yard. Family room is private with large windows for lots of light, hardwood floors, gas fireplace and custom mantle . Large master suite with wood floors and large private bath that offers walk in shower and tub. 2nd bedroom is large and has over sized closet for great space. Loft area/3rd bedroom overlooks the family room and has endless options. Basement is finished with workout area, private steam sauna and full bath. Newer HVAC 2014. Large 2.5 car garage.

Last Agent to Sell the Property

Craig Minoletti

Signature Sotheby's International Realty Bham License #6501267458 Listed on: 02/23/2021

Signature Sotheby's International Realty Bham

Last Buyer's Agent

Craig Minoletti

Signature Sotheby's International Realty Bham License #6501267458 Listed on: 02/23/2021

Signature Sotheby's International Realty Bham

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1985 | Remodeled in 2018

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 47.00x133.00
  • Fenced

Home Design

  • Colonial Architecture
  • Poured Concrete
  • Asphalt Roof
  • Stone Siding

Interior Spaces

  • 1,872 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Family Room with Fireplace
  • Security System Owned
  • Finished Basement

Kitchen

  • Convection Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2.5 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • Spa
  • Deck
  • Exterior Lighting
  • Porch

Location

  • Ground Level Unit

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Sewer in Street

Community Details

  • No Home Owners Association
  • Smith Add Birmingham Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1936158018

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,456

Year Built

Built in 1985 | Remodeled in 2018

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1985
  • State Equalized Value: 319950.0000
  • Year Renovated: 2018
  • Entry Location: Ground Level
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Humidifier, Spa/Hot-tub, Security Alarm (owned)
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Family Room
  • Room Count: 14
  • Total Bedrooms: 3
  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished
  • Kitchen Appliances: Convection Oven, Dishwasher, Disposal, Dryer, Free-Standing Refrigerator, Gas Cooktop, Microwave, Washer
  • Sq Ft Combined: 2772
  • Sq Ft Lower Floor: 900
  • Total Sq Ft: 1872
  • Sq Ft Total Bsmt: 1003

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Aluminum, Stone, Wood
  • Construction Features: 512506110
  • Exterior Features: Spa/Hot-tub, Lighting, Fenced
  • Foundation Materials: Poured
  • Frontage Feet: 47
  • Porch Type: Deck, Porch
  • Road Frontage Type: Paved
  • Fencing: Fenced

Garage/Parking

  • Garage Size: 2.5 Car
  • Garage Features: Direct Access, Electricity, Door Opener, Attached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Sewer: Sewer at Street
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Birmingham

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.14
  • Lot Dimensions: 47.00X133.00
  • Parcel Number: 1936158018

Tax Info

  • Tax Amount Summer: 8273.0000
  • Tax Amount Winter: 1183.0000
  • Total Tax: 9456.0000
  • Taxable Value: 223010.0000

MLS Schools

  • School District: Birmingham

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2021
Closed on
May 21, 2021
Sold by
The Michael Novik Trust
Bought by
Hartwell Brian C and Chen Lingyu
Seller's Agent
Craig Minoletti
Signature Sotheby's International Realty Bham
Buyer's Agent
Craig Minoletti
Signature Sotheby's International Realty Bham
List Price
$697,000
Sold Price
$590,000
Premium/Discount to List
-$107,000
-15.35%
Current Estimated Value
$941,459

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$351,459
Avg. Annual Appreciation
11.31%
Original Mortgage
$472,000
Outstanding Balance
$426,405
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$515,054

Purchase Details

Closed on
Sep 4, 2003
Sold by
Novik Michael
Bought by
Novik Michael and The Michael Novik Trust

Purchase Details

Closed on
Jan 29, 1999
Sold by
Michael Novik Tr
Bought by
Novik Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.83%

Purchase Details

Closed on
Jul 28, 1997
Sold by
Novik Michael
Bought by
Michael Novik Tr

Purchase Details

Closed on
Sep 15, 1995
Sold by
Butler Jeffrey L
Bought by
Novik Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,000
Interest Rate
7.78%
Source: Public Records

Range of Values:

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Average Value
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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
Hartwell Brian C $590,000 Interstate Title Inc
Novik Michael -- --
Novik Michael -- --
Novik Michael -- --
Michael Novik Tr -- --
Novik Michael $375,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hartwell Brian C $472,000
Previous Owner Novik Michael $400,000
Previous Owner Novik Michael $202,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/21/2021 05/21/21 Sold $590,000 -13.1% $315 / Sq Ft
04/06/2021 04/06/21 Pending -- -- --
03/27/2021 03/27/21 Price Changed $679,000 -2.6% $363 / Sq Ft
02/23/2021 02/23/21 For Sale $697,000 -- $372 / 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 $15,526 $417,570 $0 $0
2023 $14,817 $363,700 $0 $0
2022 $18,948 $367,440 $0 $0
2021 $9,264 $345,970 $0 $0
2020 $8,254 $329,840 $0 $0
2019 $9,456 $319,950 $0 $0
2018 $9,270 $308,840 $0 $0
2017 $9,254 $303,700 $0 $0
2016 $9,271 $297,260 $0 $0
2015 -- $282,910 $0 $0
2014 -- $246,690 $0 $0
2011 -- $194,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2210011790

Realcomp

APN: 19-36-158-018