$205,000
SOLD NOV 15, 2024

8501 Colgate St Oak Park, MI 48237

2 Beds
1 Bath
900 Sq Ft
5,663 Sq Ft Lot

Recently Sold

$228 Per Sq Ft

6% Below List Price

78 Days on Market

Highlights

  • Ranch Style House
  • 1 Car Attached Garage
  • 2-minute walk to Best Park
  • No HOA
  • Forced Air Heating System

About This Home

As of November 2024

Explore this beautifully renovated 2-bedroom, 1-bathroom home that combines modern updates with everyday convenience. Designed with an open floor plan, this property offers a seamless flow between living spaces, enhanced by the removal of the dining room to create a more spacious and inviting atmosphere.The fully renovated interior features stylish finishes and contemporary touches throughout. Enjoy the charm of the newly updated kitchen and bathroom, along with fresh flooring and paint that give the home a crisp, modern feel.A delightful sun room provides additional space for relaxation or entertaining. The home also boasts a basement with laundry and storage areas, and a 1.5-car garage with an electric door for added convenience and extra space. The fenced yard offers a private outdoor retreat, perfect for gatherings or simply enjoying some fresh air.Located near major freeways, schools, parks, and shopping, this home provides easy access to all your daily needs and local amenities. Act fast and seize the chance to make this beautifully updated property your new home!

Last Agent to Sell the Property

Jay Lambrecht

Lambrecht Realty LLC License #6501375482 Listed on: 08/08/2024

Last Buyer's Agent

Kai Carr

EXP Realty Main License #6501395910

EXP Realty Main

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1920

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 50.00 x 116.00

Parking

  • 1 Car Attached Garage

Home Design

  • 900 Sq Ft Home
  • Ranch Style House

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Location

  • Ground Level

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Basement

Community Details

  • No Home Owners Association
  • Burroak Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2528176008
  • Seller Concessions Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,360

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Assessment: 652.00
  • Year Built: 1920
  • State Equalized Value: 67600.0000
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 6
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Sq Ft Combined: 900
  • Total Sq Ft: 900
  • Sq Ft Total Bsmt: 180

Exterior Features

  • Foundation Details: Michigan Basement
  • Construction Materials: Aluminum
  • Frontage Feet: 50
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 1 Car
  • Garage Features: Attached
  • Garage: Yes

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Ferndale

Lot Info

  • Lot Size Area: 0.13
  • Lot Dimensions: 50.00 x 116.00
  • Parcel Number: 2528176008

Tax Info

  • Tax Amount Summer: 2062.0000
  • Tax Amount Winter: 298.0000
  • Total Tax: 2360.0000
  • Taxable Value: 22722.0000

MLS Schools

  • School District: Ferndale

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2024
Closed on
Nov 15, 2024
Sold by
Renaissance Residences Llc
Bought by
Williams Wendy Lynn
Seller's Agent
Jay Lambrecht
Lambrecht Realty LLC
Buyer's Agent
Kai Carr
EXP Realty Main
List Price
$219,000
Sold Price
$205,000
Premium/Discount to List
-$14,000
-6.39%
Views
79
Current Estimated Value
$203,095

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,905
Avg. Annual Appreciation
-1.11%
Original Mortgage
$201,286
Outstanding Balance
$199,593
Interest Rate
6.44%
Mortgage Type
FHA
Estimated Equity
$3,502

Purchase Details

Closed on
Jan 19, 2024
Sold by
Sherman Oak Park Llc
Bought by
Renaissance Residences Llc

Purchase Details

Closed on
Jun 15, 2020
Sold by
Weiermiller Beata
Bought by
Sherman Oak Park Llc

Purchase Details

Closed on
Apr 4, 2011
Sold by
Everbank
Bought by
Fannie Mae

Purchase Details

Closed on
Mar 29, 2011
Sold by
Smith Eric M and Kleinknecht Whitney
Bought by
Everbank

Purchase Details

Closed on
Apr 19, 2004
Sold by
Schultz Kent D
Bought by
Smith Eric M and Kleinknecht Whitney

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,500
Interest Rate
5.46%
Mortgage Type
Unknown
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 Type Sale Price Title Company
Warranty Deed $205,000 Chirco Title
Warranty Deed $147,000 Chirco Title
Contract Of Sale -- None Listed On Document
Contract Of Sale -- None Listed On Document
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Sheriffs Deed $91,127 None Available
Warranty Deed $92,500 Metropolitan Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $201,286 FHA
Previous Owner $92,500 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2024 11/15/24 Sold $205,000 +5.1% $228 / Sq Ft
10/25/2024 10/25/24 Pending -- -- --
10/08/2024 10/08/24 Price Changed $195,000 -2.5% $217 / Sq Ft
09/17/2024 09/17/24 Price Changed $199,999 -4.8% $222 / Sq Ft
09/05/2024 09/05/24 Price Changed $210,000 -2.3% $233 / Sq Ft
08/28/2024 08/28/24 Price Changed $215,000 -1.8% $239 / Sq Ft
08/08/2024 08/08/24 For Sale $219,000 -- $243 / 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 $1,784 $79,600 $15,300 $64,300
2023 $2,062 $67,600 $13,400 $54,200
2022 $1,638 $56,600 $12,100 $44,500
2021 $1,619 $47,500 $7,000 $40,500
2020 $1,576 $43,600 $7,000 $36,600
2018 $1,569 $28,600 $0 $0
2015 -- $23,200 $0 $0
2014 -- $19,500 $0 $0
2011 -- $24,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jay Lambrecht

    Seller's Agent in 2024

    Jay Lambrecht

    Lambrecht Realty LLC

    (313) 736-4444

    1 in this area

    98 Total Sales

    Jay Lambrecht
    Section Image

  • K

    Buyer's Agent in 2024

    Kai Carr

    EXP Realty Main

    (248) 805-2520

    1 in this area

    36 Total Sales

    Kai Carr
    Section Image
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Map

Source: Realcomp

MLS Number: 20240057733

Realcomp

APN: 25-28-176-008

Michigan Oakland County Oak Park 48237

8501 Colgate St, Oak Park, MI

This home is located at 8501 Colgate St, Oak Park, MI 48237 and is currently priced at $205,000, approximately $227 per square foot. This property was built in 1920. 8501 Colgate St is a home located in Oakland County with nearby schools including Ferndale Upper Elementary Campus, Ferndale Lower Elementary Campus, and Ferndale Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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