NOT LISTED FOR SALE

8521 Colgate St Oak Park, MI 48237

Estimated Value: $175,000 - $243,000

2 Beds
1 Bath
879 Sq Ft
$248/Sq Ft Est. Value

Last Sold July 24, 2024

Last sale price $225,000 $256 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $1,669/month

44 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • 1.5 Car Detached Garage
  • Ground Level Unit
  • Covered Patio or Porch
  • 1-minute walk to Best Park

About This Home

As of July 2024

Charming ranch in Oak Park with great curb appeal and beautiful mature trees offers a serene retreat while being conveniently located near local amenities and Ferndale schools. Step inside to discover a bright and spacious living room with new flooring and recessed lighting, perfect for both relaxing and entertaining. The open floor plan flows seamlessly into the dining area and modern kitchen, featuring stainless steel appliances, granite countertops, and ample cabinet space for all your culinary needs. The freshly updated bathroom includes stylish fixtures and a clean, contemporary design. Two nice sized bedrooms offer a private retreat off the main living area. Outside, the large backyard is a blank canvas for your gardening dreams, with a detached garage, cool outdoor fireplace, and enclosed back porch. Important updates include a new furnace, AC, and water heater. Walkable to downtown, the Detroit Zoo, and easy freeway access. Welcome Home!

Last Agent to Sell the Property

Jim Shaffer

Good Company License #6502380733 Listed on: 06/07/2024

Good Company

Last Buyer's Agent

Linda McFarland

KW Metro License #6501406534

KW Metro

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 x 116
  • Fenced

Parking

  • 1.5 Car Detached Garage

Home Design

  • Ranch Style House
  • Asphalt Roof

Interior Spaces

  • 879 Sq Ft Home
  • Crawl Space

Kitchen

  • Free-Standing Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting

Location

  • Ground Level Unit

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Burroak Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2528176006
  • $2,079 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,380

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Assessment: 344.00
  • Year Built: 1920
  • State Equalized Value: 68300.0000
  • Entry Location: Ground Level
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 7
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Free-Standing Gas Range, Free-Standing Refrigerator, Microwave, Washer
  • Sq Ft Combined: 879
  • Total Sq Ft: 879

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Crawl
  • Construction Materials: Aluminum
  • Exterior Features: Lighting, Fenced
  • Frontage Feet: 50
  • Porch Type: Porch - Covered, Porch, Covered
  • Road Frontage Type: Paved
  • Fencing: Fenced

Garage/Parking

  • Garage Size: 1.5 Car
  • Garage Features: Detached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • 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 x 116
  • Parcel Number: 2528176006

Tax Info

  • Tax Amount Summer: 2333.0000
  • Tax Amount Winter: 47.0000
  • Total Tax: 2380.0000
  • Taxable Value: 27109.0000

MLS Schools

  • School District: Ferndale

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 17, 2025
Sold by
Racey Sheryl
Bought by
Racey Sheryl and Mcfarland Linda
Current Estimated Value
$217,794

Purchase Details

Listed on
Jun 7, 2024
Closed on
Jul 24, 2024
Sold by
Smith Bradley
Bought by
Racey Sheryl
Seller's Agent
Jim Shaffer
Good Company
Buyer's Agent
Linda McFarland
KW Metro
List Price
$230,000
Sold Price
$225,000
Premium/Discount to List
-$5,000
-2.17%
Views
54

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.65%
Original Mortgage
$157,500
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 2, 2024
Closed on
Apr 12, 2024
Sold by
1128 Maplewood Llc
Bought by
Smith Bradley
Seller's Agent
Jessica Aziz
Pro Realty
Buyer's Agent
Kelsey Blaauw
@properties Christie's Int'l RE Grosse Pointe
List Price
$129,000
Sold Price
$122,000
Premium/Discount to List
-$7,000
-5.43%
Views
274

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
789.95%

Purchase Details

Closed on
Nov 10, 2023
Sold by
Avery Kelvin
Bought by
1128 Maplewood Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,100
Interest Rate
7.49%
Mortgage Type
Construction

Purchase Details

Listed on
May 4, 2014
Closed on
Jul 25, 2014
Sold by
Fannie Mae
Bought by
Avery Kelvin
Seller's Agent
Meghan Schubring
Pearl Real Estate
Buyer's Agent
. Non Mls Member
NON MLS Member
List Price
$57,500
Sold Price
$50,000
Premium/Discount to List
-$7,500
-13.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.01%
Original Mortgage
$49,094
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 13, 2014
Sold by
Green Tree Servicing Llc
Bought by
Fannie Mae and Federal National Mortgage Association

Purchase Details

Closed on
Mar 4, 2014
Sold by
Middleton Lisa K
Bought by
Green Tree Servicing Llc

Purchase Details

Closed on
Jul 28, 2004
Sold by
Gorrien Daniel T
Bought by
Middleton Lisa K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Interest Rate
6.35%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 21, 1996
Sold by
Ridenour J Daniel
Bought by
Gorrien Daniel T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,000
Interest Rate
7.86%
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
Racey Sheryl -- None Listed On Document
Racey Sheryl -- None Listed On Document
Racey Sheryl $225,000 None Listed On Document
Smith Bradley $122,000 Ata National Title
Smith Bradley $122,000 Ata National Title
1128 Maplewood Llc $84,000 Ata National Title
1128 Maplewood Llc $84,000 Ata National Title
Avery Kelvin -- None Available
Fannie Mae -- None Available
Green Tree Servicing Llc $70,503 None Available
Middleton Lisa K $100,000 Devon Title Agency
Gorrien Daniel T $54,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Racey Sheryl $157,500
Previous Owner 1128 Maplewood Llc $133,100
Previous Owner Avery Kelvin $49,094
Previous Owner Middleton Lisa K $10,000
Previous Owner Middleton Lisa K $80,000
Previous Owner Gorrien Daniel T $49,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/24/2024 07/24/24 Sold $225,000 0.0% $256 / Sq Ft
06/24/2024 06/24/24 Price Changed $225,000 -2.2% $256 / Sq Ft
06/07/2024 06/07/24 For Sale $230,000 +88.5% $262 / Sq Ft
04/12/2024 04/12/24 Sold $122,000 -5.4% $139 / Sq Ft View Prior Sale
03/22/2024 03/22/24 Pending -- -- --
02/02/2024 02/02/24 For Sale $129,000 +158.0% $147 / Sq Ft
07/25/2014 07/25/14 Sold $50,000 -13.0% $57 / Sq Ft View Prior Sale
05/14/2014 05/14/14 Pending -- -- --
05/04/2014 05/04/14 For Sale $57,500 -- $65 / 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 $6,116 $81,800 $15,300 $66,500
2023 $2,333 $68,300 $13,400 $54,900
2022 $1,954 $57,100 $12,100 $45,000
2021 $1,932 $48,000 $7,000 $41,000
2020 $1,880 $43,300 $7,000 $36,300
2018 $1,872 $28,500 $0 $0
2015 -- $22,900 $0 $0
2014 -- $19,300 $0 $0
2011 -- $24,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20240037771

Realcomp

APN: 25-28-176-006