NOT LISTED FOR SALE

550 W Brown St Unit 2E Birmingham, MI 48009

Estimated Value: $2,013,000 - $2,803,000

2 Beds
2 Baths
1,500 Sq Ft
1965 Built

Highlights

  • Ranch Style House
  • Ground Level Unit
  • 2 Car Attached Garage
  • Pierce Elementary School Rated A
  • No HOA
  • 5-minute walk to Shain Park

About This Home

As of June 2020

VIRTUAL SHOWING AVAIL, INQUIRE W/AGENT. IN-TOWN BIRMINGHAM EXECUTIVE LEASE. KITCHEN WITH GRANITE & CHERRY CABINETS. SPACIOUS GREAT ROOM. AMPLE STORAGE SPACE. MASTER SUITE WITH FULL BATH & WALK-IN CLOSET. 2ND BEDROOM ALSO HAS A WALK-IN CLOSET. NUMEROUS STORAGE OPTIONS ARE AVAILABLE IN THE BUILDING. IN-UNIT LAUNDRY. ATTACHED 2 CAR GARAGE. 2ND-FLOOR UNIT AND HAS ELEVATOR ACCESS. UNIQUE 3 UNIT BUILDING IN THE MOST WONDERFUL LOCATION. QUICK WALK TO SHOPPING, RESTAURANTS, COFFEE SHOPS, AND PARKS. UNIT 2E (EAST SIDE OF THE BUILDING-TURN LEFT AT THE TOP OF STAIRS). MAY 1, 2020 OCCUPANCY. 1ST-MONTH RENT, 1.5 MONTHS SECURITY DEPOSIT, $300 NON-REFUNDABLE CLEANING FEE DUE AT SIGNING OF THE LEASE. A MINIMUM CREDIT SCORE OF 700, EMPLOYMENT VERIFICATION AND COPY OF ID REQUIRED. ALL MEASUREMENTS AND DIMENSIONS ARE APPROXIMATE. AGENT/OWNER. I.D.R.B.N.G. B.A.T.V.A.I.

Last Agent to Rent the Property

Tushar Vakhariya

KW Domain License #6501279268 Listed on: 04/03/2020

KW Domain

Last Renter's Agent

Tushar Vakhariya

KW Domain License #RCO-6501279268

KW Domain

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $31,825

Year Built

  • Built in 1965 | Remodeled in 2001

Home Design

  • 1,500 Sq Ft Home
  • Ranch Style House
  • Brick Exterior Construction
  • Slab Foundation
  • Poured Concrete

Kitchen

  • Free-Standing Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Heated Garage
  • Garage Door Opener

Outdoor Features

  • Exterior Lighting
  • Rain Gutter Guard System

Utilities

  • Central Air
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Liquid Propane Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Stacked Washer and Dryer
  • Fenced
  • Ground Level Unit

Listing and Financial Details

  • Security Deposit $4,275
  • 12 Month Lease Term
  • 24 Month Lease Term
  • Application Fee: 30.00
  • Assessor Parcel Number 1936135017

Community Details

Overview

  • No Home Owners Association
  • Bird & Stanley Add Subdivision
  • On-Site Maintenance

Amenities

  • Laundry Facilities
  • Lobby

Condo Details

Home Type

Condominium

Est. Annual Taxes

$31,825

Year Built

Built in 1965 | Remodeled in 2001

Lot Details

0

Rental Info

  • Application Fee: 30.00
  • Lease Type: Condominium
  • Rent Includes: Trash Collection (Garbage Pickup), Snow Removal, Water/Sewer, Yard Maintenance
  • Security Deposit: 4275.00
  • Tenant Amenities: Laundry In-Unit

Listing Details

  • Property Type: Condominium
  • Architecture Style: Common Entry Building, Ranch
  • Architecture Level: 1 Story Up
  • Year Built: 1965
  • Year Renovated: 2001
  • Entry Location: Ground Level
  • Pets Allowed: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail
  • Room Count: 8
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Microwave, Free-Standing Electric Range, Free-Standing Refrigerator, Washer, Washer/Dryer Stacked
  • Sq Ft Combined: 1500
  • Total Sq Ft: 1500

Exterior Features

  • Foundation Details: Slab
  • Construction Materials: Brick
  • Exterior Features: Fenced, Grounds Maintenance, Gutter Guard System, Lighting
  • Foundation Materials: Poured
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Attached, Door Opener, Electricity, Heated
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Baseboard
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: LP Gas/Propane, Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: Yes

Condo/Co-op/Association

  • Association Fee: No

Fee Information

  • Additional Fee: 300.00

Schools

  • School District: Birmingham

Lot Info

  • Parcel Number: 1936135017

Multi Family

  • Length of Lease: 12 Months, 13-24 Months, 25-36 Months

MLS Schools

  • School District: Birmingham

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2020
Closed on
May 13, 2020
Sold by
550 West Brown Llc
Bought by
Vakhariya Tushar
Seller's Agent
Tushar Vakhariya
KW Domain
Buyer's Agent
Tushar Vakhariya
KW Domain
Sold Price
$2,850
Current Estimated Value
$2,106,856

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,104,006
Original Mortgage
$802,000
Outstanding Balance
$718,410
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$1,681,940

Purchase Details

Closed on
Mar 30, 2018
Sold by
Broadstree Avenue Investments
Bought by
550 West Brown Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$825,500
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 31, 2016
Sold by
Wineman Henry and The Virginia Hyman Living Trus
Bought by
Broadstreet Avenue Investments Llc

Purchase Details

Closed on
Feb 24, 2012
Sold by
Hyman Virginia and Leonard Hyman J
Bought by
Hyman Virginia and Virginia Hyman Living Trust

Purchase Details

Closed on
Sep 10, 2008
Sold by
Carone Hyman Peter and Carone Hyman
Bought by
Hyman J Leonard and Hyman Virginia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.52%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 28, 2002
Sold by
550 Properties
Bought by
Hyman J L

Purchase Details

Closed on
Sep 4, 1998
Sold by
Hyman J Leonard
Bought by
Hyman J Leonard
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
Vakhariya Tushar -- Hbi Title Services Inc
550 West Brown Llc $1,270,000 None Available
Broadstreet Avenue Investments Llc -- None Available
Hyman Virginia -- Attorney
Hyman J Leonard -- First American Els
Hyman J Leonard -- None Available
Hyman J L -- --
Hyman J Leonard -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vakhariya Tushar $345,000
Open Vakhariya Tushar $802,000
Closed 550 West Brown Llc $825,500
Previous Owner Hyman J Leonard $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2020 06/01/20 Rented $2,850 0.0% --
05/04/2020 05/04/20 Under Contract -- -- --
04/03/2020 04/03/20 For Rent $2,850 +9.6% --
02/06/2020 02/06/20 Rented $2,600 -3.7% --
02/06/2020 02/06/20 Under Contract -- -- --
01/27/2020 01/27/20 Price Changed $2,700 -8.5% $2 / Sq Ft
01/08/2020 01/08/20 For Rent $2,950 +28.3% --
03/02/2017 03/02/17 Rented $2,300 0.0% --
03/01/2017 03/01/17 Under Contract -- -- --
02/08/2017 02/08/17 For Rent $2,300 -- --
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 $31,825 $871,090 $0 $0
2023 $30,371 $745,480 $0 $0
2022 $37,033 $783,980 $0 $0
2021 $31,863 $737,500 $0 $0
2020 $29,951 $701,760 $0 $0
2019 $35,627 $672,840 $0 $0
2018 $33,299 $772,320 $0 $0
2017 $40,888 $766,130 $0 $0
2016 $25,916 $755,610 $0 $0
2015 -- $714,650 $0 $0
2014 -- $629,620 $0 $0
2011 -- $489,720 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tushar Vakhariya

    Landlord's Agent in 2020

    Tushar Vakhariya

    KW Domain

    (248) 302-3921

    78 in this area

    401 Total Sales

    Section Image
  • Lanie Hardy Cosgrove

    Seller's Agent in 2017

    Lanie Hardy Cosgrove

    KW Domain

    (248) 703-1105

    67 in this area

    327 Total Sales

    Section Image
  • Leslie Hardy

    Seller Co-Listing Agent in 2017

    Leslie Hardy

    KW Domain

    (248) 703-6203

    37 in this area

    186 Total Sales

    Section Image
  • Emily Ewing

    Buyer's Agent in 2017

    Emily Ewing

    Two Doors Realty

    (248) 515-4426

    15 Total Sales

    Section Image
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Map

Source: Realcomp

MLS Number: 2200025012

Realcomp

APN: 19-36-135-017

Michigan Oakland County Birmingham 48009

550 W Brown St Unit 2E, Birmingham, MI

This home is located at 550 W Brown St Unit 2E, Birmingham, MI 48009 since 03 April 2020 and is currently priced at $2,313,943. This property was built in 1965. 550 W Brown St Unit 2E is a home located in Oakland County with nearby schools including Pierce Elementary School, Derby Middle School, and Ernest W. Seaholm High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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