NOT LISTED FOR SALE

7424 Central St Unit 1 Westland, MI 48185

Estimated Value: $61,000 - $99,000

2 Beds
1 Bath
780 Sq Ft
$275/mo HOA Fee

Last Sold June 16, 2023

Last sale price $82,000 $105 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $934/month

Highlights

  • Lobby
  • 1-Story Property
  • Baseboard Heating
  • Franklin High School Rated 9+

About This Home

As of April 2024

Nice and clean 2 bedroom unit. Will need to provide at lease three recent paystubs, credit history and previous landlord reference letter or rent ledger. Complex has a community pool. Landlord pays for the monthly association which includes water and heat. Tenant is only responsible for the electric.Move in cost: $3000 ( $1200 1st month plus $1800 security deposit)

Last Agent to Rent the Property

Rabia Khan

Emerald Realty Group Inc License #6502391172 Listed on: 07/06/2023

Last Renter's Agent

Delight Okogeri

License #6501394014

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,501

Year Built

  • Built in 1967

HOA Fees

  • $275 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • 780 Sq Ft Home
  • 1-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Location

  • Ground Level

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Security Deposit $1,950
  • 12 Month Lease Term
  • 24 Month Lease Term
  • Application Fee: 38.00
  • Assessor Parcel Number 56003080090000

Community Details

Overview

  • Association Phone (734) 367-0500

Amenities

  • Lobby

Condo Details

Home Type

Condominium

Est. Annual Taxes

$2,501

Year Built

Built in 1967

Lot Details

0

HOA Fees

$275 per month

Rental Info

  • Application Fee: 38.00
  • Lease Type: Condominium
  • Rent Includes: Heat, Snow Removal, Water
  • Security Deposit: 1950.00

Listing Details

  • Property Type: Condominium
  • Architecture Style: Common Entry Building
  • Architecture Level: 1 Story
  • Year Built: 1967
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Room Count: 5
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished, Common
  • Sq Ft Combined: 780
  • Total Sq Ft: 780

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Aluminum, Brick
  • Foundation Materials: Brick/Mortar
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Baseboard
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • HOA Fee Includes: Snow Removal, Gas, Trash
  • Association Fee Frequency: Monthly
  • Phone: 734-367-0500 / westhampton@kmgprestige.com
  • Association Fee: 275
  • Association Fee: Yes

Schools

  • School District: Livonia

Lot Info

  • Parcel Number: 56003080090000

Multi Family

  • Length of Lease: 12 Months, 13-24 Months, 25-36 Months

MLS Schools

  • School District: Livonia

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2023
Closed on
Jun 16, 2023
Sold by
Madiraju Durgra
Bought by
Ramay Management Llc
Seller's Agent
Brian Commer
Match Realty
Buyer's Agent
Rabia Khan
Emerald Realty Group Inc
List Price
$90,000
Sold Price
$82,000
Premium/Discount to List
-$8,000
-8.89%
Views
69
Current Estimated Value
$85,284

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,284
Avg. Annual Appreciation
2.32%

Purchase Details

Closed on
May 16, 2017
Sold by
Kaufman Anna Marie
Bought by
Madiraju Durgra

Purchase Details

Closed on
Jan 24, 2017
Sold by
Dennis Sedalia
Bought by
Kaufman Anna Marie

Purchase Details

Closed on
Dec 28, 2007
Sold by
Westland Plaza Partners Llc
Bought by
Dennis Sedalia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,500
Interest Rate
6.13%
Mortgage Type
Unknown
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
Ramay Management Llc $82,000 Devon Title Agency
Madiraju Durgra $53,000 Michigan Title Ins Agency In
Kaufman Anna Marie $36,000 None Available
Dennis Sedalia $89,900 Greco
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dennis Sedalia $61,500
Previous Owner Westland Plaza Partners Llc $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2024 04/30/24 Rented $1,200 0.0% --
11/08/2023 11/08/23 Price Changed $1,200 -7.7% $2 / Sq Ft
07/06/2023 07/06/23 For Rent $1,300 0.0% --
06/16/2023 06/16/23 Sold $82,000 -8.9% $105 / Sq Ft
06/03/2023 06/03/23 Pending -- -- --
05/30/2023 05/30/23 For Sale $90,000 -- $115 / 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 $2,501 $32,700 $0 $0
2024 $2,501 $50,000 $0 $0
2023 $1,375 $44,800 $0 $0
2022 $1,743 $37,600 $0 $0
2021 $1,696 $36,000 $0 $0
2020 $1,677 $29,500 $0 $0
2019 $1,610 $26,300 $0 $0
2018 $1,167 $23,900 $0 $0
2017 $627 $21,500 $0 $0
2016 $682 $15,400 $0 $0
2015 $1,425 $14,250 $0 $0
2013 $1,533 $16,040 $0 $0
2012 $965 $18,210 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20230054748

Realcomp

APN: 56-003-08-0090-000