NOT LISTED FOR SALE

559 Wallace St Birmingham, MI 48009

Estimated Value: $778,000 - $1,956,000

2 Beds
2.5 Baths
1,860 Sq Ft
$843/Sq Ft Est. Value

Last Sold February 03, 2020

Last sale price $450,000 $242 Per Sq Ft

Est. 248% increase in value since last sale

Current estimated payment $10,940/month

9 Days on Market

Highlights

  • Colonial Architecture
  • Fireplace in Primary Bedroom
  • No HOA
  • Pierce Elementary School Rated A
  • Deck
  • 2.5 Car Detached Garage

About This Home

As of February 2020

Birmingham living and walk-able to downtown area ++ open floor plan ++ living room with beautiful wood floors and fireplace ++ large open kitchen ++ separate dining room area ++ updated half bath on main floor ++ master suite with gas fireplace, full bath and ample closet space ++ first floor laundry ++ screened in back yard porch ++ two and one half garage ++

Last Agent to Sell the Property

Donald Lorincz

Century 21 Curran & Oberski License #6502375422 Listed on: 01/13/2020

Century 21 Curran & Oberski

Last Buyer's Agent

Fay Salmaci

ARG Realty License #6501348320

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1923

Parking

  • 2.5 Car Detached Garage

Home Design

  • Colonial Architecture
  • Contemporary Architecture
  • Block Foundation
  • Asbestos

Interior Spaces

  • 1,860 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Living Room with Fireplace
  • Unfinished Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Fireplace in Primary Bedroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Additional Features

  • Deck
  • Lot Dimensions are 47 x 47 x 133 x 133
  • Ground Level

Community Details

  • No Home Owners Association
  • Smith Add Birmingham Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1936158004

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,950

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial, Contemporary
  • Architecture Level: 2 Story
  • Assessment: unknown
  • Year Built: 1923
  • State Equalized Value: 243580.0000
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Fireplace: Yes
  • Fireplace Fuel: Gas, Natural
  • Fireplace Locations: Living Room, Primary Bedroom
  • Room Count: 9
  • Total Bedrooms: 2
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 1860
  • Total Sq Ft: 1860
  • Sq Ft Total Bsmt: 600

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Asbestos
  • Foundation Materials: Block
  • Frontage Feet: 47
  • Porch Type: Deck
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2.5 Car
  • Garage Features: Detached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(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: Birmingham

Lot Info

  • Homestead: Yes
  • Lot Dimensions: 47 X 47 X 133 X 133
  • Parcel Number: 1936158004

Tax Info

  • Tax Amount Summer: 6034.0000
  • Tax Amount Winter: 916.0000
  • Total Tax: 6950.0000

MLS Schools

  • School District: Birmingham

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2020
Closed on
Feb 3, 2020
Sold by
The Nadyne G Edison Trust
Bought by
Hachem Nader Dean
Seller's Agent
Donald Lorincz
Century 21 Curran & Oberski
Buyer's Agent
Fay Salmaci
ARG Realty
List Price
$499,900
Sold Price
$450,000
Premium/Discount to List
-$49,900
-9.98%
Current Estimated Value
$1,567,158

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,117,158
Avg. Annual Appreciation
24.62%

Purchase Details

Closed on
Jul 25, 2018
Sold by
Edison Nadyne G
Bought by
Edison Nadyne G and Nadyne G Edison Trust

Purchase Details

Closed on
Aug 15, 2007
Sold by
Glover Young Marcia and Glover Marcia
Bought by
Edison Nadyne G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 22, 2001
Sold by
Chapman Lisa K
Bought by
Glover Marcia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
7.26%

Purchase Details

Closed on
Apr 25, 2000
Sold by
Gottfried Roger M
Bought by
Chapman Lisa K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,600
Interest Rate
8.21%

Purchase Details

Closed on
Mar 30, 1999
Sold by
Pauline Briton Tr
Bought by
Gottfried Roger M
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
Hachem Nader Dean $450,000 Title One Inc
Edison Nadyne G -- None Available
Edison Nadyne G $485,000 Metropolitan Title Company
Glover Marcia $450,000 --
Chapman Lisa K -- --
Gottfried Roger M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Edison Nadyne G $388,000
Previous Owner Glover Marcia $360,000
Previous Owner Chapman Lisa K $345,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/03/2020 02/03/20 Sold $450,000 -10.0% $242 / Sq Ft
01/22/2020 01/22/20 Pending -- -- --
01/13/2020 01/13/20 For Sale $499,900 -- $269 / 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 $31,175 $813,140 $0 $0
2023 $14,403 $378,170 $0 $0
2022 $12,859 $249,360 $0 $0
2021 $12,537 $241,430 $0 $0
2020 $6,106 $249,360 $0 $0
2019 $6,910 $243,580 $0 $0
2018 $6,858 $239,470 $0 $0
2017 $6,846 $237,180 $0 $0
2016 $6,859 $224,300 $0 $0
2015 -- $208,230 $0 $0
2014 -- $177,780 $0 $0
2011 -- $143,680 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2200003250

Realcomp

APN: 19-36-158-004