NOT LISTED FOR SALE

Estimated Value: $444,106 - $508,000

2 Beds
2 Baths
1,785 Sq Ft
$266/Sq Ft Est. Value

Last Sold January 30, 2023

Last sale price $408,000 $229 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,809/month

164 Days on Market

Highlights

  • Lake Front
  • Community Pool
  • 1 Car Garage
  • Clubhouse
  • Tile Flooring
  • Heating Available

About This Home

As of January 2023

This Margate one-story home offers a one-car garage. This home has been virtually staged to illustrate its potential.

Last Agent to Sell the Property

ALLISON JOHNSTON

Mainstay Brokerage LLC License #3413175 Listed on: 07/19/2022

Co-Listed By

Dion Warren

Inactive member License #3430401

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,105

Year Built

  • Built in 1974

Lot Details

  • 6,930 Sq Ft Lot
  • Lake Front

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,785 Sq Ft Home
  • 1-Story Property
  • Tile Flooring
  • Laundry in Garage

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 494206140040

Community Details

Overview

  • Oakland Hills 6 Sec Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,105

Year Built

Built in 1974

Lot Details

0

HOA Fees

$250 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Head north on S State Rd 7 toward Ruth CtTurn right onto SW 6th StTurn right onto SW 51st AveTurn right onto SW 7th CtTurn left onto SW 54th Ave
  • Year Built: 1974
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dishwasher, Electric Range, Microwave
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Living Area: 1785.0
  • Stories: 1

Exterior Features

  • Lot Features: < 1/4 Acre
  • Pool Features: None, Association, Community
  • Pool Private: No
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Disclosures: Pet on Property
  • Construction Type: Brick
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Garage Yn: Yes

Utilities

  • Laundry Features: In Garage
  • Cooling: Other
  • Heating: Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available, Water Available

Condo/Co-op/Association

  • Association Fee: 250.0
  • Community Features: Clubhouse, Non-Gated, Pool
  • Senior Community: No
  • Amenities: Clubhouse, Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 494206140040
  • Lot Size: < 1/4 Acre
  • Lot Size Sq Ft: 6930.0
  • Zoning Description: RES
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 2105.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2022
Closed on
Jan 30, 2023
Sold by
Opendoor Property J Llc
Bought by
Fernandez Luis Alejandro Ca and Castro Marianis
Seller's Agent
ALLISON JOHNSTON
Mainstay Brokerage LLC
List Price
$475,000
Sold Price
$408,000
Premium/Discount to List
-$67,000
-14.11%
Views
27
Current Estimated Value
$475,027

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,027
Avg. Annual Appreciation
6.55%
Original Mortgage
$400,610
Outstanding Balance
$390,094
Interest Rate
6.27%
Mortgage Type
FHA
Estimated Equity
$89,227

Purchase Details

Closed on
Jul 5, 2022
Sold by
Nguyen Linh T
Bought by
Opendoor Property J Llc

Purchase Details

Closed on
Jul 25, 2011
Sold by
Hamstra Janet K
Bought by
Nguyen Linh T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,084
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 12, 1998
Sold by
Baselice David M and Baselice Angela B
Bought by
Hamstra Janet K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,800
Interest Rate
7.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 14, 1995
Sold by
Wagner George and Wagner Ethel
Bought by
Baselice David M and Baselice Angela B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,970
Interest Rate
7.41%
Mortgage Type
VA
Source: Public Records

Range of Values:

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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
Fernandez Luis Alejandro Ca $408,000 Os National
Opendoor Property J Llc $392,600 Os National
Nguyen Linh T $115,000 Attorney
Hamstra Janet K $103,500 --
Baselice David M $99,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fernandez Luis Alejandro Ca $400,610
Previous Owner Nguyen Linh T $24,307
Previous Owner Nguyen Linh T $112,084
Previous Owner Baselice David M $82,800
Previous Owner Baselice David M $101,970
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/30/2023 01/30/23 Sold $408,000 -1.2% $229 / Sq Ft
12/31/2022 12/31/22 Pending -- -- --
12/15/2022 12/15/22 Price Changed $413,000 -2.8% $231 / Sq Ft
12/01/2022 12/01/22 Price Changed $425,000 -1.8% $238 / Sq Ft
10/27/2022 10/27/22 Price Changed $433,000 -0.5% $243 / Sq Ft
10/13/2022 10/13/22 Price Changed $435,000 -8.4% $244 / Sq Ft
07/19/2022 07/19/22 For Sale $475,000 -- $266 / Sq Ft
Source: BeachesMLS

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 $11,491 $373,070 -- --
2024 $7,290 $362,560 $34,650 $327,910
2023 $7,290 $317,390 $34,650 $282,740
2022 $2,170 $128,840 $0 $0
2021 $2,105 $125,090 $0 $0
2020 $2,066 $123,370 $0 $0
2019 $2,022 $120,600 $0 $0
2018 $1,898 $118,360 $0 $0
2017 $1,871 $115,930 $0 $0
2016 $1,785 $113,550 $0 $0
2015 $1,827 $112,770 $0 $0
2014 $1,832 $111,880 $0 $0
2013 -- $110,230 $27,720 $82,510
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10817967

BeachesMLS

APN: 49-42-06-14-0040