NOT LISTED FOR SALE

704 E Otis Ave Hazel Park, MI 48030

Estimated Value: $146,000 - $193,000

3 Beds
1 Bath
871 Sq Ft
$196/Sq Ft Est. Value

Last Sold February 21, 2020

Last sale price $125,000 $144 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $1,177/month

88 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Porch
  • Ground Level Unit
  • 1 Car Detached Garage
  • Patio

About This Home

As of February 2020

COMPLETELY REMODELED turn-key ranch in trendy growing Hazel Park! NEW updated kitchen w/shaker style cabinets, counters & stone backsplash, NEW flooring throughout, NEW updated bathroom with ceramic tile, freshly painted with neutral color palette, clean open basement, detached garage & fenced yard with patio. Walking distance to shopping, dining and the growing downtown area. Hazel Park Promise offers a path to tuition free associates degrees for high school graduates! This house may also qualify for the MSHDA down payment assistance program including low down payment and closing cost assistance - check with your mortgage lender for details! It's a great time to move to this area!!

Last Agent to Sell the Property

Rene Evans

Keller Williams Lakeside License #6501373340 Listed on: 10/22/2019

Keller Williams Lakeside

Last Buyer's Agent

Jack Bertoia

Coldwell Banker Professionals-Birm License #6501205743

Coldwell Banker Professionals-Birm

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1949 | Remodeled in 2019

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 40.00x112.00

Parking

  • 1 Car Detached Garage

Home Design

  • 871 Sq Ft Home
  • Ranch Style House
  • Block Foundation
  • Poured Concrete
  • Vinyl Construction Material

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Patio
  • Porch

Location

  • Ground Level Unit

Utilities

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

Additional Features

  • Unfinished Basement

Listing and Financial Details

  • Assessor Parcel Number 2536130018
  • $1,500 Seller Concession

Community Details

Overview

  • No Home Owners Association
  • Colony Homes No 2 Subdivision

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,642

Year Built

Built in 1949 | Remodeled in 2019

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Assessment: 276
  • Year Built: 1949
  • State Equalized Value: 22820.0000
  • Year Renovated: 2019
  • Entry Location: Ground Level
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 871

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Foundation Materials: Block, Poured
  • Porch Type: Patio, Porch
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • Garage Size: 1 Car
  • Garage Features: Detached
  • Garage: Yes

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • List Price per Acre: 1299000.0000
  • Lot Size Area: 0.10
  • Lot Dimensions: 40.00X112.00
  • Parcel Number: 2536130018

Tax Info

  • Tax Amount Summer: 1593.0000
  • Tax Amount Winter: 49.0000
  • Total Tax: 1642.0000
  • Taxable Value: 14350.0000

MLS Schools

  • School District: Hazel Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2019
Closed on
Feb 21, 2020
Sold by
Legacy Rental Properties Llc
Bought by
Peschke Arthur F and Peschke Pamela Ruth
Seller's Agent
Rene Evans
Keller Williams Lakeside
Buyer's Agent
Jack Bertoia
Coldwell Banker Professionals-Birm
List Price
$129,900
Sold Price
$125,000
Premium/Discount to List
-$4,900
-3.77%
Current Estimated Value
$170,793

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,793
Avg. Annual Appreciation
5.49%
Original Mortgage
$75,000
Outstanding Balance
$65,981
Interest Rate
3.6%
Mortgage Type
Unknown
Estimated Equity
$104,812

Purchase Details

Listed on
Aug 10, 2012
Closed on
Nov 30, 2012
Sold by
The Daily Planet Llc
Bought by
Legacy Rental Properties Llc
Seller's Agent
Robert E. Coburn
RE/MAX Partners
Buyer's Agent
. Non Mls Member
NON MLS Member
List Price
$20,000
Sold Price
$18,500
Premium/Discount to List
-$1,500
-7.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.25%

Purchase Details

Closed on
Jun 15, 1999
Sold by
Conner Jarrett D
Bought by
Mitchell Scott A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Peschke Arthur F $125,000 Liberty Title
Legacy Rental Properties Llc $18,500 Lamont Title Company
Mitchell Scott A $104,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peschke Arthur F $75,000
Closed Mitchell Scott A --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/21/2020 02/21/20 Sold $125,000 -3.8% $144 / Sq Ft
01/18/2020 01/18/20 Pending -- -- --
10/22/2019 10/22/19 For Sale $129,900 +602.2% $149 / Sq Ft
11/30/2012 11/30/12 Sold $18,500 -7.5% $21 / Sq Ft View Prior Sale
10/07/2012 10/07/12 Pending -- -- --
08/10/2012 08/10/12 For Sale $20,000 -- $23 / 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
2025 $3,421 $63,730 $0 $0
2024 $3,263 $57,320 $0 $0
2023 $3,354 $52,330 $0 $0
2022 $3,334 $45,670 $0 $0
2021 $3,281 $40,800 $0 $0
2020 $1,342 $25,330 $0 $0
2019 $1,618 $22,820 $0 $0
2018 $1,583 $19,440 $0 $0
2017 $1,541 $18,160 $0 $0
2016 $1,540 $16,280 $0 $0
2015 -- $14,390 $0 $0
2014 -- $13,370 $0 $0
2011 -- $24,980 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Rene Evans

    Seller's Agent in 2020

    Rene Evans

    Keller Williams Lakeside

    (248) 321-6328

    1 in this area

    15 Total Sales

    Rene Evans
    Section Image
  • Jack Bertoia

    Buyer's Agent in 2020

    Jack Bertoia

    Coldwell Banker Professionals-Birm

    (248) 644-6300

    28 Total Sales

    Jack Bertoia
    Section Image

  • R

    Seller's Agent in 2012

    Robert E. Coburn

    RE/MAX

  • .

    Buyer's Agent in 2012

    . Non Mls Member

    NON MLS Member

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Map

Source: Realcomp

MLS Number: 219108793

Realcomp

APN: 25-36-130-018

Michigan Oakland County Hazel Park 48030

704 E Otis Ave, Hazel Park, MI

Not Listed for Sale

Detached

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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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