NOT LISTED FOR SALE

7305 Gateway Dr West Bloomfield, MI 48322

Estimated Value: $308,000 - $383,689

2 Beds
2.5 Baths
1,806 Sq Ft
$300/mo HOA Fee

Last Sold March 16, 2021

Last sale price $275,000 $152 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $2,474/month

Highlights

  • Colonial Architecture
  • Ground Level Unit
  • Forced Air Heating System
  • Deck
  • 2 Car Attached Garage
  • Laundry Facilities

About This Home

As of December 2022

MUST SEE THIS DESIRABLE END UNIT. BEAUTIFULLY FINISHED ,WITH FULLY REMODELED BATHROOMS. NEW GAS STOVE AND DISHWASHER. NEW FAUCETS IN ALL SINKS, NEW LIGHT FIXTURES AND BLACK HARDWARE THROUGHOUT THE WHOLE HOUSE. NEW CARPET AND PAINT. NEW GAS FIREPLACE WITH STONE WALL, MANTEL, AND HAERTH. NEW CEILING FANS IN GREAT ROOM AND BATHROOMS. NEW FURNACE AND A/C COIL. LARGE WALK IN CLOSETS IN BEDROOMS ALL THIS AND AN ACRYLIC FINISH ON THE DECK (10 YEAR WARRANTY)
LEASE INCLUDES ASSOCIATION DUES AND WATER

Last Agent to Rent the Property

Kevin McCort

Real Estate One License #6501314768 Listed on: 11/17/2022

Real Estate One

Last Renter's Agent

Jinny Yun

Century 21 Professionals Troy License #6501273296

Century 21 Professionals Troy

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,928

Year Built

  • Built in 2001

Lot Details

  • 17.9

HOA Fees

  • $300 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 1,806 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Great Room with Fireplace
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • Deck
  • Exterior Lighting

Location

  • Ground Level Unit

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Security Deposit $4,050
  • 12 Month Lease Term
  • Assessor Parcel Number 1834427046

Community Details

Overview

  • Association Phone (248) 621-9981
  • Gateway Park Condo Occpn 1227 Subdivision

Amenities

  • Laundry Facilities

Condo Details

Home Type

Condominium

Est. Annual Taxes

$3,928

Year Built

Built in 2001

Lot Details

0

HOA Fees

$300 per month

Rental Info

  • Lease Type: Condominium
  • Security Deposit: 4050.00
  • Tenant Amenities: Laundry In-Unit

Listing Details

  • Property Type: Condominium
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 2001
  • Entry Location: Ground Level
  • Pets Allowed: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Interior Amenities: Circuit Breakers, Furnished - No
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Great Room
  • Room Count: 11
  • Total Bedrooms: 2
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Partially Finished
  • Sq Ft Combined: 2206
  • Sq Ft Lower Floor: 400
  • Total Sq Ft: 1806
  • Sq Ft Total Bsmt: 1228

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Construction Features: Platted Sub.
  • Exterior Features: Lighting
  • Foundation Materials: Poured
  • Porch Type: Deck
  • Road Frontage Type: Paved
  • Sideof Street: E

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Attached
  • Garage: Yes

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Phone: 2486219981
  • Association Fee: 300
  • Association Fee: Yes

Schools

  • School District: Farmington

Lot Info

  • Parcel Number: 1834427046

Multi Family

  • Length of Lease: 12 Months

MLS Schools

  • School District: Farmington

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2021
Closed on
Mar 15, 2021
Sold by
Huang Ting
Bought by
Praet Derek
Seller's Agent
Brian Loussia
EXP Realty Main
Buyer's Agent
Kevin McCort
Real Estate One
List Price
$275,000
Sold Price
$275,000
Current Estimated Value
$349,922

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,922
Avg. Annual Appreciation
5.46%
Original Mortgage
$261,250
Outstanding Balance
$235,636
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$114,286

Purchase Details

Listed on
Feb 23, 2017
Closed on
Apr 6, 2017
Sold by
Schaeffer Lyime G
Bought by
Huang Ting
Seller's Agent
Brian Loussia
EXP Realty Main
Buyer's Agent
Rosa Lau
Signature Sotheby's International Realty Bham
List Price
$275,000
Sold Price
$265,000
Premium/Discount to List
-$10,000
-3.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.96%
Original Mortgage
$212,000
Interest Rate
4.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 9, 2015
Sold by
William Schaeffer Irrevocable Trust
Bought by
Schaeffer Lynne G

Purchase Details

Closed on
Feb 12, 2003
Sold by
Schaeffer William
Bought by
Schaeffer William and William Schaeffer Trust

Purchase Details

Closed on
Apr 3, 2001
Sold by
Phoenix Gateway
Bought by
Schaeffer William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
7.02%
Mortgage Type
Purchase Money Mortgage
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 Buyer Sale Price Title Company
Praet Derek $275,000 Stewart Title Guaranty
Huang Ting $265,000 None Available
Schaeffer Lynne G -- Attorney
Schaeffer William -- --
Schaeffer William $278,050 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schaeffer William $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2022 12/09/22 Rented $2,900 +7.4% --
12/02/2022 12/02/22 Under Contract -- -- --
11/17/2022 11/17/22 For Rent $2,700 0.0% --
03/16/2021 03/16/21 Sold $275,000 0.0% $152 / Sq Ft
03/03/2021 03/03/21 Pending -- -- --
01/07/2021 01/07/21 For Sale $275,000 +3.8% $152 / Sq Ft
04/25/2017 04/25/17 Sold $265,000 -3.6% $147 / Sq Ft
03/04/2017 03/04/17 Pending -- -- --
02/23/2017 02/23/17 For Sale $275,000 -- $152 / 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 $3,928 $171,510 $0 $0
2022 $3,731 $140,880 $22,500 $118,380
2021 $5,143 $136,380 $0 $0
2020 $2,702 $135,560 $22,500 $113,060
2018 $5,166 $129,580 $22,500 $107,080
2015 -- $80,210 $0 $0
2014 -- $74,730 $0 $0
2011 -- $77,130 $0 $0
Source: Public Records

Agents Affiliated with this Home

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

Map

Source: Realcomp

MLS Number: 20221062353

Realcomp

APN: 18-34-427-046