NOT LISTED FOR SALE

55 Sylvan Ave Pleasant Ridge, MI 48069

Estimated Value: $436,000 - $514,000

3 Beds
1 Bath
1,478 Sq Ft
$313/Sq Ft Est. Value

Last Sold March 07, 2017

Last sale price $225,000 $152 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $3,100/month

57 Days on Market

Highlights

  • Colonial Architecture
  • Enclosed Patio or Porch
  • Forced Air Heating System
  • No HOA
  • 3 Car Detached Garage
  • 2-minute walk to Victory Park

About This Home

As of March 2017

STONE PILLARS AND A HUGE FRONT PORCH WELCOME YOU TO THIS UNIQUE HOME IN COVETED PLEASANT RIDGE. THREE STORIES THAT INCLUDE THREE SPACIOUS BEDROOMS, OPEN FIRST FLOOR WITH ENCLOSED REAR PORCH, PARTIALLY FINISHED LOWER LEVEL AND AN EXTRAORDINARY THIRD LEVEL STUDIO FLEX ROOM. THIS HOME SITS ON THE LARGEST LOT AT 100 FEET WIDE ON THE EAST SIDE OF WOODWARD IN PLEASANT RIDGE. PHENOMENAL LOCATION JUST FOUR MINUTES TO DOWNTOWN ROYAL OAK, EIGHT MINUTES TO DOWNTOWN BIRMINGHAM AND SIXTEEN MINUTES TO DOWNTOWN DETROIT - EVERYWHERE YOU WANT TO BE. THE THREE PLUS CAR GARAGE PROVIDES TONS OF STORAGE SPACE, TOO. PLEASANT RIDGE OFFERS A WONDERFUL RECREATIONAL FACILITY THAT INCLUDES AN OLYMPIC-SIZE SWIMMING POOL AND SO MUCH MORE. IF IT IS BUILDING YOU HAVE IN MIND, THIS LOT CAN BE SPLIT TO ACCOMMODATE TWO HOME SITES (PER CITY OF PLEASANT RIDGE). DON'T HESITATE OR YOU MAY LOSE OUT ON THE TRULY LAST GREAT OPPORTUNITY IN THE AREA. #PLEASANTRIDGEGEM #MOVEINCONDITION #PLEASANTRIDGEMICHIGAN

Last Agent to Sell the Property

Peter Webster

Shain Park, REALTORS® License #6501306339 Listed on: 11/12/2016

Last Buyer's Agent

Tracey Menczer

Temporary Inactive Users License #RCO

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1923

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 100 x 117.39
  • May Be Possible The Lot Can Be Split Into 2+ Parcels

Parking

  • 3 Car Detached Garage

Home Design

  • Colonial Architecture
  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,478 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Dishwasher
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Enclosed Patio or Porch

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Sylvan Gardens Sub Pleasant Ridge Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2527176043
  • $5,000 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,830

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 3 Story
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Interior Amenities: Cable Available
  • Room Count: 9
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Dishwasher
  • Sq Ft Combined: 1478
  • Total Sq Ft: 1478
  • Sq Ft Total Bsmt: 739

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Construction Features: Platted Sub.
  • Foundation Materials: Block
  • Frontage Feet: 100
  • Porch Type: Porch, Porch - Covered, Porch - Enclosed
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • Garage Size: 3 Car
  • Garage Features: Detached
  • Garage: Yes

Utilities

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

Lot Info

  • Homestead: Yes
  • List Price per Acre: 925925.9259
  • Lot Features: Splits Available
  • Lot Size Area: 0.27
  • Lot Dimensions: 100 X 117.39
  • Parcel Number: 2527176043

Tax Info

  • Tax Amount Summer: 3685.0000
  • Tax Amount Winter: 145.0000
  • Total Tax: 3830.0000

MLS Schools

  • School District: Ferndale

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2016
Closed on
Mar 7, 2017
Sold by
Troy Barbara Jean
Bought by
Roberts Benjamin
Seller's Agent
Peter Webster
Shain Park, REALTORS®
Buyer's Agent
Tracey Menczer
Temporary Inactive Users
List Price
$300,000
Sold Price
$225,000
Premium/Discount to List
-$75,000
-25%
Current Estimated Value
$463,168

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$238,168
Avg. Annual Appreciation
8.74%
Original Mortgage
$213,750
Outstanding Balance
$177,351
Interest Rate
4.19%
Mortgage Type
New Conventional
Estimated Equity
$285,817
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
Roberts Benjamin $225,000 First American Title Insuran
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roberts Benjamin $213,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/07/2017 03/07/17 Sold $225,000 -10.0% $152 / Sq Ft
01/08/2017 01/08/17 Pending -- -- --
01/07/2017 01/07/17 Price Changed $250,000 -10.7% $169 / Sq Ft
12/01/2016 12/01/16 Price Changed $280,000 -6.7% $189 / Sq Ft
11/12/2016 11/12/16 For Sale $300,000 -- $203 / 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 $8,056 $228,270 $0 $0
2023 $7,704 $220,400 $0 $0
2022 $7,646 $205,250 $0 $0
2021 $7,318 $191,710 $0 $0
2020 $6,966 $177,130 $0 $0
2019 $8,013 $171,870 $0 $0
2018 $7,244 $154,990 $0 $0
2017 $3,885 $150,650 $0 $0
2016 $3,892 $134,040 $0 $0
2015 -- $115,700 $0 $0
2014 -- $104,750 $0 $0
2011 -- $95,540 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 216109336

Realcomp

APN: 25-27-176-043