NOT LISTED FOR SALE

8503 Sherman Ave Warren, MI 48089

Southeast Warren Neighborhood

Estimated Value: $91,000 - $128,000

3 Beds
1 Bath
970 Sq Ft
$116/Sq Ft Est. Value

Last Sold October 27, 2017

Last sale price $11,500 $12 Per Sq Ft

Est. 878% increase in value since last sale

Current estimated payment $718/month

66 Days on Market

About This Home

As of October 2017

COZY HOME LOCATED IN A CONVENIENT AREA, PERFECT FOR AN INVESTMENT PROPERTY OF SMALL FAMILY. MAKE AN APPOINTMENT TO SEE IT TODAY!

Last Agent to Sell the Property

Albert Hakim

City Real Estate Group LLC License #MISPE-6502378429 Listed on: 08/22/2017

Last Buyer's Agent

Clifford Rockefeller

Rockefeller Realty License #RCO-6501323376

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • 7,841 Sq Ft Lot
  • 70 Ft Wide Lot

Parking

  • 2 Car Garage

Home Design

  • Bungalow
  • Vinyl Siding
  • Vinyl Trim

Interior Spaces

  • 970 Sq Ft Home
  • 1.5-Story Property
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Community Details

  • Winchester Subdivision

Listing and Financial Details

  • Assessor Parcel Number 12-13-34-330-022

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Bungalow
  • Structure Style: 1 1/2 Story
  • Total Tax Amount: 1058
  • Year Built: 1940
  • Mail City: Warren
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement: Yes
  • Bedrooms: 3
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Above Grade Finished Sq Ft: 970
  • Total Finished Sq Ft: 970

Exterior Features

  • Exterior: Vinyl Siding, Vinyl Trim
  • Foundation: Basement
  • Frontage: 70

Garage/Parking

  • Garage Spaces: 2
  • Garage: Yes

Utilities

  • Sewer: Public At Street
  • Water: Public Water at Street

Lot Info

  • Assessor Parcel Number: 12-13-34-330-022
  • Lot Dimensions: 70
  • Acreage: 0.18
  • Geo Subdivision: MI
  • Land Contract: Yes

Tax Info

  • Summer Tax: Year: 2016, Amount: $1,005.00
  • Winter Tax: Year: 2016, Amount: $53.00
  • Total Tax: Amount: $1,058.00

MLS Schools

  • School District: Van Dyke Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2017
Closed on
Oct 18, 2017
Sold by
Rahman Ahmedur
Bought by
Mayes Juan
Seller's Agent
Albert Hakim
City Real Estate Group LLC
Buyer's Agent
Clifford Rockefeller
Rockefeller Realty
List Price
$15,000
Sold Price
$11,500
Premium/Discount to List
-$3,500
-23.33%
Current Estimated Value
$112,438

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,938
Avg. Annual Appreciation
33.17%

Purchase Details

Listed on
Jun 14, 2017
Closed on
Jul 19, 2017
Sold by
Macomb 12 Llc
Bought by
Rahman Abmedur
Seller's Agent
Nicole Gatto-Ross
A Smart Move Realty
Buyer's Agent
Andrea Edwards
List Price
$12,000
Sold Price
$12,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-14.58%

Purchase Details

Closed on
Nov 6, 2015
Sold by
City Of Warren
Bought by
Macomb 12 Llc

Purchase Details

Closed on
Jan 26, 2004
Sold by
Bishop Roger E
Bought by
Kelly Dennis P and Kelly Leona D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,700
Interest Rate
8.37%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 12, 1995
Sold by
Carver Alan J
Bought by
Bishop Roger E
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
Mayes Juan $11,500 Michigan Investment Title In
Rahman Abmedur $12,000 Chirco Title Agency Inc
Macomb 12 Llc $917,972 Attorney
Kelly Dennis P $60,900 Lawyers Title Ins
Bishop Roger E $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kelly Dennis $48,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2017 10/27/17 Sold $11,500 -23.3% $12 / Sq Ft
08/22/2017 08/22/17 For Sale $15,000 +25.0% $15 / Sq Ft
07/19/2017 07/19/17 Sold $12,000 0.0% $12 / Sq Ft
06/29/2017 06/29/17 Pending -- -- --
06/27/2017 06/27/17 For Sale $12,000 0.0% $12 / Sq Ft
06/19/2017 06/19/17 Pending -- -- --
06/14/2017 06/14/17 For Sale $12,000 -- $12 / Sq Ft
Source: Michigan Multiple Listing Service

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 $1,270 $50,820 $0 $0
2024 $1,243 $44,510 $0 $0
2023 $1,194 $34,400 $0 $0
2022 $1,170 $27,530 $0 $0
2021 $1,551 $25,270 $0 $0
2020 $1,117 $24,290 $0 $0
2019 $1,450 $21,690 $0 $0
2018 $1,074 $14,700 $0 $0
2017 $1,066 $14,410 $3,380 $11,030
2016 $1,058 $14,410 $0 $0
2015 -- $14,500 $0 $0
2013 $641 $12,670 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Albert Hakim

    Seller's Agent in 2017

    Albert Hakim

    City Real Estate Group LLC

    (313) 800-7653

    4 in this area

    88 Total Sales

    Albert Hakim
    Section Image
  • Nicole Gatto-Ross

    Seller's Agent in 2017

    Nicole Gatto-Ross

    A Smart Move Realty

    (586) 202-5487

    21 in this area

    127 Total Sales

    Nicole Gatto-Ross
    Section Image

  • C

    Buyer's Agent in 2017

    Clifford Rockefeller

    Rockefeller Realty

    (248) 796-2732

    43 Total Sales

    Clifford Rockefeller
    Section Image

  • A

    Buyer's Agent in 2017

    Andrea Edwards

See All Agents

Map

Source: Michigan Multiple Listing Service

MLS Number: 31328987

Michigan Multiple Listing Service

APN: 12-13-34-330-022

Michigan Macomb County Warren 48089 Southeast Warren

8503 Sherman Ave, Warren, MI

This home is located at 8503 Sherman Ave, Warren, MI 48089 since 22 August 2017 and is currently estimated at $112,438, approximately $115 per square foot. This property was built in 1940. 8503 Sherman Ave is a home located in Macomb County with nearby schools including Lincoln Middle School, Lincoln High School, and Trix Academy.

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.

Michigan Multiple Listing Service Source MLS: MiRealSource
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