NOT LISTED FOR SALE

560 E Farnum Ave Madison Heights, MI 48071

Estimated Value: $233,000 - $269,000

4 Beds
1.5 Baths
1,404 Sq Ft
$177/Sq Ft Est. Value

Last Sold July 27, 2022

Last sale price $205,000 $146 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $1,644/month

11 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • 1-minute walk to Exchange Park
  • Ground Level Unit
  • Forced Air Heating System

About This Home

As of July 2022

Located in the heart of Madison Heights, near freeways and shopping, you will find this perfect 4 bedroom colonial to call your home. This cozy castle has a newly remodeled kitchen, newer bathrooms, and is waiting for you to finish decorating to your liking. New granite in kitchen, with new backsplash. More pictures and remarks coming soon. BATVAI IDRBNG

Last Agent to Sell the Property

Joe Tinpan

New Michigan Realty, LLC License #6501306210 Listed on: 06/03/2022

New Michigan Realty, LLC

Last Buyer's Agent

Vaughn Derderian

Century 21 Curran & Oberski License #6501436546

Century 21 Curran & Oberski

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1971 | Remodeled in 2022

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 63.00x80.00

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 1,404 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Kitchen

  • Free-Standing Gas Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Location

  • Ground Level Unit

Utilities

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

Community Details

  • No Home Owners Association
  • Tuxedo Park Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2513354039
  • $5,000 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,708

Year Built

Built in 1971 | Remodeled in 2022

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1971
  • State Equalized Value: 76370.0000
  • Year Renovated: 2022
  • Entry Location: Ground Level
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Room Count: 7
  • Total Bedrooms: 4
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Dishwasher, Dryer, Free-Standing Gas Range, Free-Standing Refrigerator, Washer
  • Sq Ft Combined: 1404
  • Total Sq Ft: 1404
  • Sq Ft Total Bsmt: 650

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Poured
  • Frontage Feet: 63
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Natural Gas
  • 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: Madison (Madison Hts.)

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.12
  • Lot Dimensions: 63.00X80.00
  • Parcel Number: 2513354039

Tax Info

  • Tax Amount Summer: 1571.0000
  • Tax Amount Winter: 137.0000
  • Total Tax: 1708.0000
  • Taxable Value: 36250.0000

MLS Schools

  • School District: Madison (Madison Hts.)

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2022
Closed on
Jul 27, 2022
Sold by
Ault Kegan W
Bought by
Gomez Jonathan
Seller's Agent
Joe Tinpan
New Michigan Realty, LLC
Buyer's Agent
Vaughn Derderian
Century 21 Curran & Oberski
List Price
$210,000
Sold Price
$205,000
Premium/Discount to List
-$5,000
-2.38%
Current Estimated Value
$248,650

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,650
Avg. Annual Appreciation
6.14%

Purchase Details

Closed on
Mar 19, 2019
Sold by
Williams Virginia A
Bought by
Ault Kegan W
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
Gomez Jonathan $205,000 Compass Title & Closing Servic
Ault Kegan W -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/27/2022 07/27/22 Sold $205,000 -1.0% $146 / Sq Ft
06/15/2022 06/15/22 Pending -- -- --
06/11/2022 06/11/22 Price Changed $207,000 +3.6% $147 / Sq Ft
06/10/2022 06/10/22 Price Changed $199,900 -4.8% $142 / Sq Ft
06/03/2022 06/03/22 For Sale $210,000 -- $150 / 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 $3,960 $97,310 $0 $0
2023 $3,781 $88,960 $0 $0
2022 $1,821 $84,080 $0 $0
2021 $1,708 $76,370 $0 $0
2020 $1,622 $70,270 $0 $0
2019 $1,758 $59,140 $0 $0
2018 $1,734 $47,530 $0 $0
2017 $1,682 $47,530 $0 $0
2016 $1,596 $43,430 $0 $0
2015 -- $38,930 $0 $0
2014 -- $33,210 $0 $0
2011 -- $45,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2220043249

Realcomp

APN: 25-13-354-039