NOT LISTED FOR SALE

8560 Chapman St Oak Park, MI 48237

Estimated Value: $236,442 - $242,000

3 Beds
1.5 Baths
1,110 Sq Ft
$215/Sq Ft Est. Value

Last Sold March 10, 2023

Last sale price $198,500 $179 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $1,508/month

46 Days on Market

Highlights

  • No HOA
  • Bungalow
  • Stairway
  • Covered Patio or Porch
  • Accessible Full Bathroom
  • 4-minute walk to Best Park

About This Home

As of March 2023

A solid 3 bed, 1.1 bath that sits within blocks (walking distance) of the four prime cities of the south Woodward Corridor, Ferndale, Pleasant Ridge, Royal Oak, and Huntington Woods, offering you a variety of school options, and downtown locales to check out. The double lot has many flowers, including Day Lillies, beautiful Hostas, and many 40+ year old rose bushes. It also has a perfect location for a large garage to be added, including an existing parking pad. All of the sidewalk pads surrounding the home are being replaced. Updates include a new roof; newer 92% High-Efficiency Carrier furnace; newer Hot Water Tank; newer plumbing; newer electrical; Wall-Side Windows, with transferable replacement guarantee. Whole house generator ($10,000+ system) and sprinkler system need repair. Main systems have been upgraded, making this an ideal starter. You can just settle right into your new home, or make the updates that put those final finishing touches on your new palace. The home is in conservatorship. Sidewalks surrounding the home are being replaced. Gas lines are being replaced by Consumer's Power. Per the City of Oak Park, there are no assessments being added to the property.

Last Agent to Sell the Property

Thomas J Drealan

Century 21 Curran & Oberski License #6501279315 Listed on: 12/30/2022

Century 21 Curran & Oberski

Last Buyer's Agent

Andrea Rakestraw

KW Showcase Realty License #6501391692

KW Showcase Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1951

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 55 x 125

Home Design

  • Bungalow
  • Block Foundation
  • Asphalt Roof
  • Chimney Cap
  • Asphalt

Interior Spaces

  • 1,110 Sq Ft Home
  • 2-Story Property
  • Awning
  • ENERGY STAR Qualified Windows
  • Unfinished Basement

Kitchen

  • Plumbed For Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Dual Flush Toilets

Accessible Home Design

  • Accessible Full Bathroom
  • Grip-Accessible Features
  • Stairway
  • Standby Generator

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting

Location

  • Ground Level

Utilities

  • Forced Air Heating and Cooling System
  • Dehumidifier
  • Heating System Uses Natural Gas
  • Programmable Thermostat
  • 100 Amp Service
  • Whole House Permanent Generator
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2528155013

Community Details

Overview

  • No Home Owners Association
  • Chapman Sub Subdivision

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,787

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 2 Story
  • Year Built: 1951
  • State Equalized Value: 79000.0000
  • Year Renovated: 1951
  • Accessibility Features: Accessible Full Bath, Accessible Stairway, Grip-Accessible Features, Standby Generator
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: 100 Amp Service, Circuit Breakers, Furnished - No, Dual-Flush Toilet(s), High Spd Internet Avail, Programmable Thermostat, De-Humidifier, Cable Available, ENERGY STAR® Qualified Window(s)
  • Room Count: 9
  • Total Bedrooms: 3
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Dishwasher, Disposal, Plumbed For Ice Maker
  • Sq Ft Combined: 1110
  • Total Sq Ft: 1110
  • Sq Ft Total Bsmt: 888

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Asphalt
  • Exterior Features: Whole House Generator, Awning/Overhang(s), Chimney Cap(s), Lighting
  • Foundation Materials: Block
  • Frontage Feet: 55
  • Porch Type: Porch - Covered, Porch, Patio - Covered
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: No Garage

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)
  • Laundry Facilities: Yes

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Ferndale

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.16
  • Lot Dimensions: 55 x 125
  • Parcel Number: 2528155013

Tax Info

  • Tax Amount Summer: 1732.0000
  • Tax Amount Winter: 55.0000
  • Total Tax: 1787.0000
  • Taxable Value: 31088.0000

MLS Schools

  • School District: Ferndale

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 30, 2022
Closed on
Mar 10, 2023
Sold by
Nickles Evelyn S
Bought by
Burton Robert
Seller's Agent
Thomas J Drealan
Century 21 Curran & Oberski
Buyer's Agent
Andrea Rakestraw
KW Showcase Realty
List Price
$225,000
Sold Price
$198,500
Premium/Discount to List
-$26,500
-11.78%
Views
114
Current Estimated Value
$239,111

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,611
Avg. Annual Appreciation
7.01%
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
Burton Robert $198,500 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2023 03/10/23 Sold $198,500 -11.8% $179 / Sq Ft
02/14/2023 02/14/23 Pending -- -- --
12/30/2022 12/30/22 For Sale $225,000 -- $203 / 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 $7,506 $100,400 $16,600 $83,800
2023 $1,801 $90,200 $14,600 $75,600
2022 $1,788 $79,000 $13,200 $65,800
2021 $1,779 $63,000 $7,600 $55,400
2020 $1,724 $62,400 $7,600 $54,800
2018 $1,736 $41,300 $0 $0
2015 -- $32,000 $0 $0
2014 -- $28,100 $0 $0
2011 -- $33,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 20221070661

Realcomp

APN: 25-28-155-013