NOT LISTED FOR SALE

551 N Old Woodward Ave Unit 551 Birmingham, MI 48009

Estimated Value: $408,649 - $505,000

2 Beds
2 Baths
1,159 Sq Ft
$550/mo HOA Fee

Last Sold April 14, 2023

Last sale price $400,000 $345 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,422/month

3 Days on Market

Highlights

  • Stainless Steel Appliances
  • 1 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Pierce Elementary School Rated A
  • 1-Story Property
  • 1-minute walk to Booth Park

About This Home

As of April 2023

Carefree luxury living is yours to enjoy as the new owner of this beautiful 2 bedroom, 2 full bathroom residence in the heart of Downtown Birmingham! Live in a sought-after single-story condominium with every amenity for your comfort, from spacious 1,000+ square foot interiors to an attached garage, in-unit washer-dryer, private storage in the building’s basement, plus water, snow removal and trash collection all included in your monthly HOA fee. This gem is freshly painted with new fixtures and a gracious layout, and is located in an intimate community with grassy lawn and a perfect location near restaurants, bars, shops, parks and other conveniences.
The expansive open living and dining room is brightened by a wall over oversized windows and enriched by a charming fireplace encased in floor-to-ceiling exposed brick, perfect to cozy around. Stunning wide-plank vinyl floors and modern recessed lighting enhance the ambience all throughout the home. You can put a large dining table for entertaining guests near the well-appointed kitchen for easy serving, complete with ample cabinetry and stainless steel appliances.
Your generously-sized primary bedroom has a walk-in closet for your belongings, and an elegantly appointed en-suite full bathroom with a beautiful vanity, and huge tiled walk-in spa-shower behind glass. The second bedroom sits on the opposite side of the condo with its own sizable closets for storage. Between both bedrooms is a hallway accessing another full bathroom with a tub/shower combo, and a laundry area. This special condo absolutely will not last, so act quickly and schedule a viewing today!

Last Agent to Sell the Property

Dan Gutfreund

Signature Sotheby's International Realty Bham License #6501367800 Listed on: 03/17/2023

Signature Sotheby's International Realty Bham

Last Buyer's Agent

Jordan Goodman

@properties Christie's Int'l R.E. Birmingham License #6501433918

@properties Christie's Int'l R.E. Birmingham

Property Details

Home Type

  • Condominium

Est. Annual Taxes

Year Built

  • Built in 1966

Lot Details

  • 3,049

HOA Fees

  • $550 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 1,159 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Unfinished Basement

Kitchen

  • Free-Standing Electric Range
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Location

  • Ground Level

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 1925327040

Community Details

Overview

  • Encompass Management Group Association
  • Hickory Hill Condo Subdivision
  • On-Site Maintenance

Amenities

  • Laundry Facilities

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,584

Year Built

Built in 1966

Lot Details

0

HOA Fees

$550 per month

Listing Details

  • Property Type: Condominium
  • Architecture Level: 1 Story Up
  • Year Built: 1966
  • State Equalized Value: 169850.0000
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Call
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Fireplace: Yes
  • Fireplace Fuel: Natural
  • Fireplace Locations: Living Room
  • Room Count: 7
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Dishwasher, Disposal, Free-Standing Electric Range, Free-Standing Refrigerator, Stainless Steel Appliance(s)
  • Sq Ft Combined: 1159
  • Total Sq Ft: 1159
  • Sq Ft Total Bsmt: 1159

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: Grounds Maintenance
  • Foundation Materials: Poured
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 1 Car
  • Garage Features: Electricity, Door Opener, Attached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)
  • Laundry Facilities: Yes

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Phone: service@emgcondo.com
  • Association Fee: 550
  • Association Contact: Encompass Management Group
  • Association Fee: Yes

Schools

  • School District: Birmingham

Lot Info

  • Homestead: Yes
  • Parcel Number: 1925327040

Tax Info

  • Tax Amount Summer: 3183.0000
  • Tax Amount Winter: 401.0000
  • Total Tax: 3584.0000
  • Taxable Value: 92900.0000

MLS Schools

  • School District: Birmingham

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2023
Closed on
Apr 14, 2023
Sold by
Giuseppe Investment Properties Llc
Bought by
Rosenthal Neil B and Rosenthal Zachary J
Seller's Agent
Dan Gutfreund
Signature Sotheby's International Realty Bham
Buyer's Agent
Jordan Goodman
@properties Christie's Int'l R.E. Birmingham
List Price
$399,000
Sold Price
$400,000
Premium/Discount to List
$1,000
0.25%
Views
24
Current Estimated Value
$439,412

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,412
Avg. Annual Appreciation
3.77%
Original Mortgage
$291,750
Outstanding Balance
$283,833
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$155,579

Purchase Details

Listed on
Nov 21, 2022
Closed on
Feb 9, 2023
Sold by
Ketty Johnny
Bought by
Giuseppe Investment Properties Llc
Seller's Agent
Michael Perna
EXP Realty Main
Buyer's Agent
Dan Gutfreund
Signature Sotheby's International Realty Bham
List Price
$420,000
Sold Price
$370,000
Premium/Discount to List
-$50,000
-11.9%
Views
85

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
54.21%
Original Mortgage
$277,500
Interest Rate
6.12%

Purchase Details

Closed on
Jun 24, 2013
Sold by
Masone Robert
Bought by
Masone Cynthia

Purchase Details

Closed on
Jul 6, 2011
Sold by
Degrazia Anne Marie
Bought by
Masone Robert and Masone Cindy

Purchase Details

Closed on
Aug 9, 1996
Sold by
Criel Dan R
Bought by
Grazia Anne Marie De
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
Rosenthal Neil B $400,000 Interstate Title
Giuseppe Investment Properties Llc -- --
Ketty Johnny $370,000 --
Masone Cynthia -- None Available
Masone Robert $142,000 Capital Title Ins Agency
Grazia Anne Marie De $146,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rosenthal Neil B $291,750
Previous Owner Ketty Johnny $277,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/14/2023 04/14/23 Sold $400,000 +0.3% $345 / Sq Ft
03/20/2023 03/20/23 Pending -- -- --
03/17/2023 03/17/23 For Sale $399,000 +7.8% $344 / Sq Ft
02/09/2023 02/09/23 Sold $370,000 -7.3% $319 / Sq Ft View Prior Sale
01/18/2023 01/18/23 Pending -- -- --
12/09/2022 12/09/22 Price Changed $399,000 -5.0% $344 / Sq Ft
11/21/2022 11/21/22 For Sale $420,000 -- $362 / 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 $6,808 $199,870 $0 $0
2023 $3,343 $199,610 $0 $0
2022 $3,584 $169,850 $0 $0
2021 $3,616 $163,490 $0 $0
2020 $3,222 $162,180 $0 $0
2019 $3,646 $155,660 $0 $0
2018 $3,618 $137,090 $0 $0
2017 $3,612 $138,510 $0 $0
2016 $3,619 $137,800 $0 $0
2015 -- $120,850 $0 $0
2014 -- $100,250 $0 $0
2011 -- $76,850 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20230019106

Realcomp

APN: 19-25-327-040