NOT LISTED FOR SALE

829 Ludlow Ave Rochester, MI 48307

Estimated Value: $413,000 - $567,000

0.47 Acre
$1,058,470 Price per Acre
20,473 Sq Ft Lot

Last Sold December 31, 2019

Last sale price $290,000 $167 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $3,289/month

10 Days on Market

About This Lot

As of December 2019

If you ever wanted to build in Downtown Rochester but wanted a bigger piece of land, now is your opportunity! Check out this lot, just under a half acre, 108 feet of frontage and 190 feet deep located across from the Rochester Municipal Park on the highly desirable street of Ludlow! The current dwelling may be considered a fixer upper or your new vision may lead the way for a new build to your specifications; value is in the land. This is a wonderful opportunity to live in the heart of Rochester and enjoy all of its amenities! Ask our team of experts about Construction Loan Financing to help you along with the process. Great investment either way!

Last Agent to Sell the Property

Philip Cini

Century 21 Professionals License #6501395571 Listed on: 12/02/2019

Century 21 Professionals

Last Buyer's Agent

Philip Cini

Century 21 Professionals License #6501395571 Listed on: 12/02/2019

Century 21 Professionals

Property Details

Property Type

  • Land

Est. Annual Taxes

Lot Details

  • 0.47 Acre Lot
  • Lot Dimensions are 108x190

Community Details

  • Parker Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1510401004
  • $3,000 Seller Concession

Property Details

Property Type

Land

Est. Annual Taxes

$3,653

Lot Details

0

Listing Details

  • Property Type: Vacant Land
  • State Equalized Value: 138830.0000
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage Feet: 108
  • Road Frontage Type: Paved

Utilities

  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Schools

  • School District: Rochester

Lot Info

  • List Price per Acre: 691276.5957
  • Lot Size Area: 0.47
  • Lot Dimensions: 108X190
  • Parcel Number: 1510401004
  • Zoning: Residential
  • Survey: Yes

Tax Info

  • Tax Amount Summer: 3255.0000
  • Tax Amount Winter: 398.0000
  • Total Tax: 3653.0000
  • Taxable Value: 106230.0000

MLS Schools

  • School District: Rochester

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 20, 2021
Sold by
Keith Chinoski
Bought by
Chino Management Llc
Current Estimated Value
$497,481

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,400
Outstanding Balance
$166,848
Interest Rate
2.34%
Estimated Equity
$330,633

Purchase Details

Closed on
Nov 11, 2021
Sold by
Chino Management Llc
Bought by
Chinoski Keith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,400
Outstanding Balance
$166,848
Interest Rate
2.34%
Estimated Equity
$330,633

Purchase Details

Listed on
Dec 2, 2019
Closed on
Feb 7, 2020
Sold by
Chinoski Keith
Bought by
Chino Management Llc
Seller's Agent
Philip Cini
Century 21 Professionals
Buyer's Agent
Philip Cini
Century 21 Professionals
List Price
$324,900
Sold Price
$290,000
Premium/Discount to List
-$34,900
-10.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.82%
Original Mortgage
$217,500
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 2, 2019
Closed on
Dec 31, 2019
Sold by
Thornber Christopher
Bought by
Chinoski Keith M
Seller's Agent
Philip Cini
Century 21 Professionals
Buyer's Agent
Philip Cini
Century 21 Professionals
List Price
$324,900
Sold Price
$290,000
Premium/Discount to List
-$34,900
-10.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,500
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 14, 2002
Sold by
Thornber Sharon L
Bought by
Thornber Christopher
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
Chino Management Llc -- None Listed On Document
Chinoski Keith -- None Listed On Document
Chino Management Llc -- None Available
Chinoski Keith M $290,000 Fidelity National Title
Thornber Christopher -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chino Management Llc $213,400
Previous Owner Chinoski Keith $213,400
Previous Owner Chinoski Keith M $217,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2019 12/31/19 Sold $290,000 0.0% $167 / Sq Ft
12/31/2019 12/31/19 Sold $290,000 -10.7% $167 / Sq Ft
12/12/2019 12/12/19 Pending -- -- --
12/12/2019 12/12/19 Pending -- -- --
12/02/2019 12/02/19 For Sale $324,900 0.0% $187 / Sq Ft
11/01/2019 11/01/19 Price Changed $324,900 0.0% $187 / Sq Ft
11/01/2019 11/01/19 Price Changed $325,000 -7.1% $187 / Sq Ft
08/09/2019 08/09/19 Price Changed $350,000 -6.7% $201 / Sq Ft
07/05/2019 07/05/19 For Sale $375,000 -- $216 / 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 $7,818 $229,820 $0 $0
2023 $7,477 $216,950 $0 $0
2022 $9,440 $205,590 $0 $0
2021 $8,965 $191,040 $0 $0
2020 $6,965 $176,750 $0 $0
2019 $3,694 $152,720 $0 $0
2018 $3,689 $138,830 $0 $0
2017 $3,617 $132,000 $0 $0
2016 $3,502 $125,870 $0 $0
2015 -- $115,370 $0 $0
2014 -- $102,020 $0 $0
2011 -- $97,030 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 219119631

Realcomp

APN: 15-10-401-004