NOT LISTED FOR SALE

550 W Brown St Unit 2W Birmingham, MI 48009

Estimated Value: $2,117,000 - $2,713,000

2 Beds
2 Baths
1,500 Sq Ft
1965 Built

Highlights

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

About This Home

As of October 2019

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 walk-in closet. Numerous storage options available in building. In-unit laundry. Attached, direct access 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 2W (West side of building-turn left at the top of stairs). 1.5 MO SECURITY DEPOSIT +$300 NON REFUNDABLE CLEANING FEE DUE AT SIGNING. MINIMUM CREDIT SCORE OF 700 + EMPLOYMENT VERIFICATION REQUIRED. I.D.R.B.N.G. ALL MEASUREMENTS & DIMENSIONS APPROXIMATE. OWNER IS A LICENSED BROKER.

Last Agent to Rent the Property

Tushar Vakhariya

KW Domain License #6501279268 Listed on: 08/19/2019

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

Lot Details

  • Fenced

Home Design

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

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached 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

Listing and Financial Details

  • Security Deposit $4,499
  • 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

  • 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
  • Security Deposit: 4498.50
  • Tenant Amenities: Laundry In-Unit

Listing Details

  • Property Type: Condominium
  • Architecture Style: Common Entry Building, Ranch
  • Architecture Level: 1 Story Up
  • Year Built: 1965
  • State Equalized Value: 631000.0000
  • Year Renovated: 2001
  • Pets Allowed: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail
  • Room Count: 7
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Range/Stove, Washer
  • 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
  • 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: No

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

Tax Info

  • Taxable Value: 631000.0000

MLS Schools

  • School District: Birmingham

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 13, 2020
Sold by
550 West Brown Llc
Bought by
Vakhariya Tushar
Current Estimated Value
$2,335,275

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$802,000
Outstanding Balance
$710,683
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$1,624,592

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 $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
10/01/2019 10/01/19 Rented $2,999 0.0% --
09/13/2019 09/13/19 Under Contract -- -- --
08/19/2019 08/19/19 For Rent $2,999 0.0% --
07/16/2019 07/16/19 Rented $2,999 0.0% --
06/27/2019 06/27/19 Under Contract -- -- --
06/24/2019 06/24/19 For Rent $2,999 -- --
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 2019

    Tushar Vakhariya

    KW Domain

    (248) 786-7790

    79 in this area

    401 Total Sales

    Tushar Vakhariya
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Map

Source: Realcomp

MLS Number: 219084917

Realcomp

APN: 19-36-135-017

Michigan Oakland County Birmingham 48009

550 W Brown St Unit 2W, Birmingham, MI

This home is located at 550 W Brown St Unit 2W, Birmingham, MI 48009 since 19 August 2019 and is currently priced at $2,335,275. This property was built in 1965. 550 W Brown St Unit 2W is a home located in Oakland County with nearby schools including Pierce Elementary School, Derby Middle School, and Ernest W. Seaholm High School.

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

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