NOT LISTED FOR SALE

8445 Groveview Ave Ferndale, MI 48220

Estimated Value: $11,353 - $181,000

0.3 Acre
$201,960 Price per Acre
13,068 Sq Ft Lot

Last Sold December 30, 2022

Last sale price $10,000 $9 Per Sq Ft

Est. 506% increase in value since last sale

Current estimated payment $351/month

245 Days on Market

About This Lot

As of December 2022

Great opportunity to build your desirable home on this corner land located close to your wishing place such as Royal Oak. Live near something you can enjoy your time, come bring your style and build what you want.

Last Agent to Sell the Property

Rafid Sammoe

RE/MAX First License #6501420461 Listed on: 03/07/2022

RE/MAX First

Last Buyer's Agent

Nusrat Moghul

Moghul & Main LLC License #RCO-6501392974

Property Details

Property Type

  • Land

Est. Annual Taxes

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 50x132

Community Details

  • Detroyal Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2533376023

Property Details

Property Type

Land

Est. Annual Taxes

$194

Lot Details

0

Listing Details

  • Property Type: Vacant Land
  • State Equalized Value: 6840.0000
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage Type: Paved

Utilities

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

Lot Info

  • List Price per Acre: 50000.0000
  • Lot Size Area: 0.30
  • Lot Dimensions: 50x132
  • Parcel Number: 2533376023
  • Zoning: Residential

Tax Info

  • Tax Amount Summer: 51.4000
  • Tax Amount Winter: 143.3400
  • Total Tax: 194.0000
  • Taxable Value: 3460.0000

MLS Schools

  • School District: Ferndale

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2022
Closed on
Dec 29, 2022
Sold by
Hirmuz Luai
Bought by
Lesure Kendal
Seller's Agent
Rafid Sammoe
RE/MAX First
Buyer's Agent
Nusrat Moghul
Moghul & Main LLC
List Price
$30,000
Sold Price
$10,000
Premium/Discount to List
-$20,000
-66.67%
Views
37
Current Estimated Value
$60,588

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,588
Avg. Annual Appreciation
84.55%

Purchase Details

Listed on
Jan 12, 2017
Closed on
Mar 27, 2017
Sold by
Silver James
Bought by
Himuz Luai
Seller's Agent
James Silver
Keller Williams Somerset
Buyer's Agent
James Silver
Keller Williams Somerset
List Price
$2,995
Sold Price
$2,000
Premium/Discount to List
-$995
-33.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.24%

Purchase Details

Closed on
Mar 8, 2016
Sold by
Treasurer Of Oakland County
Bought by
Silver James

Purchase Details

Closed on
Dec 2, 2009
Sold by
Abu Zahra Mufid
Bought by
Az Global Engineering Resources

Purchase Details

Closed on
Oct 28, 2009
Sold by
Meisner Andrew E
Bought by
Abu Zahra Mufid

Purchase Details

Closed on
May 1, 2002
Sold by
Squalls Dorothy
Bought by
Dorothy Squalls Tr
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
Lesure Kendal $10,000 --
Himuz Luai $2,000 None Available
Silver James $250 None Available
Az Global Engineering Resources -- None Available
Abu Zahra Mufid $1,300 None Available
Dorothy Squalls Tr -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/30/2022 12/30/22 Sold $10,000 -33.3% $9 / Sq Ft
11/08/2022 11/08/22 Pending -- -- --
07/26/2022 07/26/22 Price Changed $15,000 -25.0% $13 / Sq Ft
06/15/2022 06/15/22 Price Changed $20,000 -20.0% $18 / Sq Ft
04/01/2022 04/01/22 Price Changed $25,000 -16.7% $22 / Sq Ft
03/07/2022 03/07/22 For Sale $30,000 +1400.0% $27 / Sq Ft
03/28/2017 03/28/17 Sold $2,000 -33.2% $2 / Sq Ft View Prior Sale
03/27/2017 03/27/17 Pending -- -- --
01/12/2017 01/12/17 For Sale $2,995 -- $3 / 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 $401 $9,770 $0 $0
2023 $602 $9,770 $0 $0
2022 $234 $8,890 $0 $0
2021 $195 $6,840 $0 $0
2020 $51 $3,420 $0 $0
2019 $2,061 $3,420 $0 $0
2018 $763 $3,420 $0 $0
2017 $263 $3,420 $0 $0
2016 $0 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2011 -- $16,350 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2220015034

Realcomp

APN: 25-33-376-023