$560,000
SOLD AUG 3, 2016

580 W Frank St Birmingham, MI 48009

0.15 Acre
-- Price per Acre
0 Sq Ft Lot

Recently Sold

$313 Per Sq Ft

3% Below List Price

21 Days on Market

About This Lot

As of September 2018

BUILD THE HOME OF YOUR DREAMS ON A FABULOUS STREET IN BIRMINGHAM!! HARD TO FIND BUILDING SITE INTOWN BIRMINGHAM. NORTH OF LINCOLN AND EAST OF SOUTHFIELD. HOME ON PROPERTY TO BE TORN DOWN. AGENTS MAY WALK THE LOT. DO NOT DISTURB TENANT! FOR MORE INFORMATION CALL LISTING AGENT. HOME NEXT DOOR, LOCATED AT 592 W. FRANK, (CORNER LOT) IS ALSO AVAILABLE FOR $625,000.00. PURCHASE BOTH AND HAVE APROX 100FT WIDE LOT OR 2 BUILDING SITES.

Last Agent to Sell the Property

Francine Schlesinger

Max Broock, REALTORS®-Birmingham License #6501204181 Listed on: 07/01/2016

Max Broock, REALTORS®-Birmingham

Last Buyer's Agent

Dan Gutfreund

Signature Sotheby's International Realty Bham License #RCO-6501367800

Signature Sotheby's International Realty Bham

Property Details

Property Type

  • Land

Est. Annual Taxes

Lot Details

  • Lot Dimensions are 50 x 132.5
  • Property is zoned Commercial

Listing and Financial Details

  • Assessor Parcel Number 1936152023

Property Details

Property Type

Land

Est. Annual Taxes

$6,710

Lot Details

0

Listing Details

  • Property Type: Vacant Land
  • State Equalized Value: 204640.0000
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage Feet: 50
  • Road Frontage Type: Paved

Utilities

  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Schools

  • School District: Birmingham

Lot Info

  • Lot Dimensions: 50 X 132.5
  • Parcel Number: 1936152023
  • Zoning: Commercial
  • Improvements: Electric, Gas

Tax Info

  • Tax Amount Summer: 5793.0000
  • Tax Amount Winter: 917.0000
  • Total Tax: 6710.0000

MLS Schools

  • School District: Birmingham

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2018
Closed on
Aug 29, 2018
Sold by
Sklar Zachary
Bought by
Katranji Amar
Seller's Agent
Dan Gutfreund
Signature Sotheby's International Realty Bham
Buyer's Agent
John Apap
Signature Sotheby's International Realty Bham
List Price
$1,799,000
Sold Price
$1,670,000
Premium/Discount to List
-$129,000
-7.17%
Current Estimated Value
$2,550,021

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$880,021
Avg. Annual Appreciation
5.66%
Original Mortgage
$1,586,500
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 1, 2017
Sold by
Potash Harry
Bought by
Sklar Zachary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$943,950
Interest Rate
3.94%
Mortgage Type
Construction

Purchase Details

Listed on
Jul 1, 2016
Closed on
Aug 3, 2016
Sold by
Alhermizi Mark M and Alhermizi Mary Ezell
Bought by
Potash Harry and Sklar Zachary
Seller's Agent
Francine Schlesinger
Max Broock, REALTORS®-Birmingham
Buyer's Agent
Dan Gutfreund
Signature Sotheby's International Realty Bham
List Price
$575,000
Sold Price
$560,000
Premium/Discount to List
-$15,000
-2.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.78%

Purchase Details

Closed on
Mar 31, 2016
Sold by
Armstrong Swart Mildred and Swart Mildred
Bought by
Mark & Mary Alhermizi Family Trust
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,670,000 Cislo Title Company
Interfamily Deed Transfer -- None Available
Warranty Deed $560,000 First American Title Ins Co
Warranty Deed -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $402,000 Credit Line Revolving
Open $1,562,500 New Conventional
Closed $1,586,500 Adjustable Rate Mortgage/ARM
Previous Owner $943,950 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2018 09/06/18 Sold $1,670,000 -7.2% $418 / Sq Ft
07/30/2018 07/30/18 Pending -- -- --
07/02/2018 07/02/18 For Sale $1,799,000 +221.3% $450 / Sq Ft
08/03/2016 08/03/16 Sold $560,000 -2.6% $313 / Sq Ft
07/22/2016 07/22/16 Pending -- -- --
07/01/2016 07/01/16 For Sale $575,000 -- $321 / 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 $32,464 $988,210 $0 $0
2023 $31,108 $907,730 $0 $0
2022 $34,268 $940,980 $0 $0
2021 $34,571 $896,250 $0 $0
2020 $31,305 $874,790 $0 $0
2019 $34,856 $832,170 $0 $0
2018 $16,712 $353,610 $0 $0
2017 $7,157 $134,760 $0 $0
2016 $6,670 $220,830 $0 $0
2015 -- $204,640 $0 $0
2014 -- $173,390 $0 $0
2011 -- $140,670 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 216065528

Realcomp

APN: 19-36-152-023