NOT LISTED FOR SALE

620 Nahma Ave Clawson, MI 48017

Estimated Value: $368,000 - $472,000

4 Beds
2 Baths
2,661 Sq Ft
$159/Sq Ft Est. Value

Last Sold February 16, 2024

Last sale price $375,000 $141 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $3,178/month

86 Days on Market

Highlights

  • Colonial Architecture
  • Private Entrance
  • Fenced
  • Forced Air Heating System
  • Dogs and Cats Allowed

About This Home

As of February 2024

This is the updated and turn key duplex you have been waiting for! Just a short walk away from downtown Clawson, all the work has been done for you, start collecting rent from day one with this fully leased duplex is bringing in $3,360 per month. Lower unit was just leased for $1700 per month for 1 year and upper unit is leased for $1660 per month and thier lease go thru June 2024. No showings of either unit without an accepted offer, do not talk to or disturb current tenants. Lower unit is freshly renovated and is much larger than normal apartments over 1300 square feet, with a pet-friendly fenced backyard and plenty of parking. Inside you'll notice the fresh paint and new wood grain luxury vinyl plank flooring, as well as the beautiful fireplace and large 2 bedrooms. The largest bedroom has a second door leading into the hall bathroom. The real show stopper is the brand-new kitchen with all new appliances, even room for a table in the kitchen. Large area off the living room for a dining room table too! And don't forget your own private laundry room with separate furnace and water heater. Lower unit features a small flex room off the front entrance perfect for a home office or private place for your next zoom call. Brand new windows were just installed in the lower unit adding extra brightness / energy efficiency. Upper unit was recently renovated and features newer kitchen / appliance, carpet and paint. Both units while not identical are similar in layout and both have a wood burning fireplaces as well as front / rear private entrance with access to the back yard / parking lot, even central air. You will be impressed with the quality of the renovations. Separate gas, electric and water meters.

Last Agent to Sell the Property

Eric Oesterle

National Realty Centers, Inc License #6501308388 Listed on: 09/27/2023

National Realty Centers, Inc

Last Buyer's Agent

Olga Stojanovski

Real Estate One-Rochester License #RCO-6501288950

Real Estate One-Rochester

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1968

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 53x153
  • Private Entrance
  • Fenced

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Roof

Interior Spaces

  • 2 Full Bathrooms
  • 2,661 Sq Ft Home
  • 2-Story Property

Parking

  • 4 Parking Spaces
  • Paved Parking

Outdoor Features

  • Exterior Lighting

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 2504251021

Community Details

Overview

  • 2 Units
  • Kenwood Gardens Subdivision

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Multi-Family

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1968
  • State Equalized Value: 197790.0000
  • Pets Allowed: Cats OK, Dogs OK
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Total Sq Ft: 2661

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Slab
  • Construction Materials: Aluminum, Brick
  • Exterior Features: Lighting, Private Entry, Fenced
  • Road Frontage Type: Paved
  • Sideof Street: W

Garage/Parking

  • MF Parking: Paved
  • Total Parking Spaces: 4

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Lot Info

  • Lot Size Area: 0.19
  • Lot Dimensions: 53X153
  • Parcel Number: 2504251021
  • Zone Conform: Yes
  • Zoning: Multi-Family

Rental Info

  • Rent Includes: Trash Collection (Garbage Pickup)
  • Monthly Rental Income: 3360

Tax Info

  • Tax Amount Summer: 10734.0000
  • Tax Amount Winter: 289.0000
  • Total Tax: 11023.0000
  • Taxable Value: 168220.0000

Multi Family

  • Gross Scheduled Income: 40320.00
  • Number Of Units Total: 2

MLS Schools

  • School District: Clawson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2023
Closed on
Feb 16, 2024
Sold by
Walls Justin and Walls Oksana
Bought by
Vasilovski Steve and Vasilovski Ashley Amber
Seller's Agent
Eric Oesterle
National Realty Centers, Inc
Buyer's Agent
Olga Stojanovski
Real Estate One-Rochester
List Price
$450,000
Sold Price
$375,000
Premium/Discount to List
-$75,000
-16.67%
Views
315
Current Estimated Value
$423,126

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,126
Avg. Annual Appreciation
6.53%
Original Mortgage
$281,250
Outstanding Balance
$275,436
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$147,690

Purchase Details

Closed on
Feb 16, 2017
Sold by
Lowry Julius C
Bought by
Walls Justin and Walls Oksana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,175
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 18, 2001
Sold by
Lowry Julius C
Bought by
Julius C Lowry Tr
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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 Buyer Sale Price Title Company
Vasilovski Steve $375,000 Title One
Vasilovski Steve $375,000 Title One
Walls Justin $214,900 None Available
Julius C Lowry Tr -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vasilovski Steve $281,250
Closed Vasilovski Steve $281,250
Previous Owner Walls Justin $161,175
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/16/2024 02/16/24 Sold $375,000 +21958.8% $141 / Sq Ft
12/22/2023 12/22/23 Pending -- -- --
10/20/2023 10/20/23 Rented $1,700 -99.6% --
10/19/2023 10/19/23 Under Contract -- -- --
10/16/2023 10/16/23 Price Changed $400,000 -5.9% $150 / Sq Ft
10/07/2023 10/07/23 Price Changed $425,000 -5.6% $160 / Sq Ft
09/27/2023 09/27/23 For Sale $450,000 0.0% $169 / Sq Ft
09/19/2023 09/19/23 Price Changed $1,700 -2.9% $1 / Sq Ft
08/18/2023 08/18/23 For Rent $1,750 -- --
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
2025 $11,590 $222,100 $0 $0
2024 $11,217 $207,880 $0 $0
2023 $10,734 $197,790 $0 $0
2022 $10,649 $183,780 $0 $0
2021 $10,397 $176,670 $0 $0
2020 $10,122 $169,080 $0 $0
2019 $10,314 $166,840 $0 $0
Source: Public Records

Agents Affiliated with this Home

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

Map

Source: Realcomp

MLS Number: 20230082524

Realcomp

APN: 25-04-251-021