NOT LISTED FOR SALE

949 W Farnum Ave Madison Heights, MI 48071

Estimated Value: $159,679 - $219,000

3 Beds
2 Baths
1,100 Sq Ft
$167/Sq Ft Est. Value

Last Sold May 02, 2014

Last sale price $42,500 $39 Per Sq Ft

Est. 333% increase in value since last sale

Current estimated payment $1,124/month

Highlights

  • Ground Level Unit
  • No HOA
  • Forced Air Heating and Cooling System
  • Royal Oak High School Rated 9+
  • Bungalow
  • Dogs and Cats Allowed

About This Home

As of November 2023

3 Bedroom, 2 bath bungalow style home with updated kitchen and bathrooms. Numerous windows engulf the home in natural light.
Finished basement and multiple storage areas.
All appliances included. House features the central air conditioning. Fenced in yard - pet friendly. Owner is a real estate agent in MI. BATVAI.

Last Agent to Rent the Property

Behzad Bokani

RE/MAX Dream Properties License #6501420759 Listed on: 09/18/2023

RE/MAX Dream Properties

Last Renter's Agent

Behzad Bokani

RE/MAX Dream Properties License #6501420759 Listed on: 09/18/2023

RE/MAX Dream Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,941

Year Built

  • Built in 1947 | Remodeled in 2020

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40x115

Home Design

  • Bungalow
  • Poured Concrete
  • Vinyl Construction Material

Interior Spaces

  • 1,100 Sq Ft Home
  • 1.5-Story Property
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Location

  • Ground Level Unit

Utilities

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

Community Details

  • No Home Owners Association
  • Stephenson Super Highway Sub No 6 Madison Hts Subdivision

Listing and Financial Details

  • Security Deposit $2,550
  • 12 Month Lease Term
  • 24 Month Lease Term
  • Negotiable Lease Term
  • Application Fee: 50.00
  • Assessor Parcel Number 2514385004

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,941

Year Built

Built in 1947 | Remodeled in 2020

Lot Details

0

Rental Info

  • Application Fee: 50.00
  • Lease Type: Single Family House
  • Security Deposit: 2550.00

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Year Built: 1947
  • Year Renovated: 2020
  • Entry Location: Ground Level
  • Pets Allowed: Cats OK, Dogs OK, Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Partially Finished
  • Total Sq Ft: 1100

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Foundation Materials: Poured
  • 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 Source: Public (Municipal)

Condo/Co-op/Association

  • Association Fee: No

Fee Information

  • Additional Fee: 400.00

Lot Info

  • Lot Size Area: 0.11
  • Lot Dimensions: 40X115
  • Parcel Number: 2514385004

Multi Family

  • Length of Lease: 12 Months, Negotiable, 13-24 Months

MLS Schools

  • School District: Royal Oak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 5, 2022
Sold by
Bokanizad Behzad
Bought by
Bez Properties Llc
Current Estimated Value
$183,920

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,028,000
Interest Rate
6.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 4, 2016
Sold by
Bokanizad Reza
Bought by
Bokanizad Behzad

Purchase Details

Listed on
Mar 26, 2014
Closed on
May 1, 2014
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Bokanizad Behzad and Bokanizad Reza
Seller's Agent
Kimberly Skiotys
Temporary Inactive Users
Buyer's Agent
Pam Drummond
RE/MAX First
List Price
$44,900
Sold Price
$42,500
Premium/Discount to List
-$2,400
-5.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.59%

Purchase Details

Closed on
Jul 30, 2013
Sold by
Swanson Dawn R and Wells Fargo Bank Na
Bought by
Federal Home Loan Mortgage Corporation
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
Bez Properties Llc -- Bbc Title Agency
Bez Properties Llc -- Bbc Title Agency
Bokanizad Behzad -- None Available
Bokanizad Behzad $42,500 Attorneys Title Agency Llc
Federal Home Loan Mortgage Corporation $43,689 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bez Properties Llc $1,028,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/30/2023 11/30/23 Rented $1,700 0.0% --
11/20/2023 11/20/23 Under Contract -- -- --
09/18/2023 09/18/23 For Rent $1,700 0.0% --
05/02/2014 05/02/14 Sold $42,500 -5.3% $51 / Sq Ft View Prior Sale
04/23/2014 04/23/14 Pending -- -- --
03/26/2014 03/26/14 For Sale $44,900 -- $53 / 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 $1,941 $67,790 $0 $0
2023 $1,852 $59,140 $0 $0
2022 $2,218 $51,630 $0 $0
2021 $2,166 $45,280 $0 $0
2020 $1,726 $40,030 $0 $0
2019 $2,079 $35,030 $0 $0
2018 $2,054 $31,110 $0 $0
2017 $2,213 $31,110 $0 $0
2016 $1,514 $26,100 $0 $0
2015 -- $23,930 $0 $0
2014 -- $22,010 $0 $0
2011 -- $26,790 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Behzad Bokani

    Landlord's Agent in 2023

    Behzad Bokani

    RE/MAX Dream Properties

    (248) 951-9555

    6 in this area

    107 Total Sales

    Behzad Bokani
    Section Image

  • K

    Seller's Agent in 2014

    Kimberly Skiotys

    Temporary Inactive Users

  • P

    Buyer's Agent in 2014

    Pam Drummond

    RE/MAX of Southeast Michigan

    Section Image
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Map

Source: Realcomp

MLS Number: 20230079152

Realcomp

APN: 25-14-385-004

Michigan Oakland County Madison Heights 48071

949 W Farnum Ave, Madison Heights, MI

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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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