NOT LISTED FOR SALE

988 Chestnut St Birmingham, MI 48009

Estimated Value: $1,351,000 - $1,600,000

4 Beds
5 Baths
2,985 Sq Ft
$503/Sq Ft Est. Value

Last Sold July 20, 2021

Last sale price $1,185,000 $397 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $9,341/month

22 Days on Market

Highlights

  • New Construction
  • Colonial Architecture
  • No HOA
  • Harlan Elementary School Rated A
  • Ground Level Unit
  • Covered Patio or Porch

About This Home

As of July 2021

Incredible new construction, true walking distance to downtown Birmingham. Built by Live Well Custom Homes! This stunning modern farmhouse is positioned in downtown Birmingham, steps from Forest Grill, two blocks from Kroger and Papa Joe’s gourmet grocery store! A floor plan of perfection & functionality beaming with natural light, this home boasts a gourmet kitchen open to the great room, dining room and outdoor patio and large master suite with dressing room. This custom home has impeccable design, flow and functionality throughout and is intentionally crafted for an elegant Birmingham lifestyle in one of the most walkable locations in the city! It also has a fully finished basement, an amazing 3rd floor loft with living / lounge space, a bedroom and full bath and an incredibly rare 300 sqft finished flex room above the garage. Home to be completed the end of June. Finished photos are from another similar home. BATVAI

Last Agent to Sell the Property

James Danley

KW Domain License #6501368879 Listed on: 05/18/2021

KW Domain

Last Buyer's Agent

Justen Alias

Max Broock Realtors License #RCO-6501352701

Max Broock Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50.00x120.00

Parking

  • 2.5 Car Detached Garage

Home Design

  • Colonial Architecture
  • Poured Concrete

Interior Spaces

  • 2,985 Sq Ft Home
  • 3-Story Property
  • Gas Fireplace
  • Family Room with Fireplace
  • Finished Basement
  • Sump Pump

Kitchen

  • Built-In Gas Range
  • Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Carbon Monoxide Detectors

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Liquid Propane Gas Water Heater
  • Sewer in Street
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • Ground Level Unit

Community Details

  • No Home Owners Association
  • Snow Sub No 1 Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 1936231008

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,334

Year Built

Built in 2021 | New Construction

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 3 Story
  • Warranty: Yes
  • Year Built: 2021
  • State Equalized Value: 167800.0000
  • Foundation Features: Sump Pump
  • Entry Location: Ground Level
  • Pets Allowed: Yes
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Interior Amenities: High Spd Internet Avail, Carbon Monoxide Alarm(s), Security Alarm (owned), Cable Available
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Family Room
  • Total Bedrooms: 4
  • Total Bathrooms: 3.20
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Type: Finished
  • Kitchen Appliances: Vented Exhaust Fan, Built-In Gas Range, Dishwasher, Disposal, Dryer, Exhaust Fan, Free-Standing Refrigerator, Microwave, Range Hood, Washer
  • Total Sq Ft: 2985

Exterior Features

  • Foundation Details: Basement
  • Construction Features: New Construction
  • Foundation Materials: Poured
  • Porch Type: Porch - Covered, Porch
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2.5 Car
  • Garage Features: 2+ Assigned Spaces, Detached
  • Garage: Yes

Utilities

  • Heating Fuel: LP Gas/Propane
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Sewer at Street
  • Water Heater Fuel: LP Gas/Propane
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Lot Size Area: 0.14
  • Lot Dimensions: 50.00X120.00
  • Parcel Number: 1936231008

Tax Info

  • Tax Amount Summer: 6617.0000
  • Tax Amount Winter: 1717.0000
  • Total Tax: 8334.0000
  • Taxable Value: 158490.0000

MLS Schools

  • School District: Birmingham

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2021
Closed on
Jul 20, 2021
Sold by
Live Well Custom Homes Llc
Bought by
Elia Christopher J and Elia Nicolette
Seller's Agent
James Danley
KW Domain
Buyer's Agent
Justen Alias
Max Broock Realtors
List Price
$1,199,000
Sold Price
$1,185,000
Premium/Discount to List
-$14,000
-1.17%
Current Estimated Value
$1,501,439

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$316,439
Avg. Annual Appreciation
5.41%
Original Mortgage
$1,185,000
Outstanding Balance
$1,069,223
Interest Rate
2.96%
Mortgage Type
New Conventional
Estimated Equity
$432,216

Purchase Details

Listed on
Sep 27, 2019
Closed on
May 14, 2020
Sold by
Bai Biqin and Nieiz Richard A
Bought by
Live Well Custom Homes Llc
Seller's Agent
Anita Boyajian
Coldwell Banker Professionals-Birm
Buyer's Agent
James Danley
KW Domain
List Price
$350,000
Sold Price
$315,000
Premium/Discount to List
-$35,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
207.35%

Purchase Details

Listed on
Aug 8, 2015
Closed on
Oct 30, 2015
Sold by
Pomroy Jeanne G and Revocable Trust Agreement Of J
Bought by
Nietz Richard A
Seller's Agent
Linda Wells
OMG Realty Company
Buyer's Agent
Linda Wells
OMG Realty Company
List Price
$348,600
Sold Price
$300,000
Premium/Discount to List
-$48,600
-13.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.08%

Purchase Details

Closed on
Sep 26, 2002
Sold by
Pomroy Jeanne G
Bought by
Pomroy Jeanne G

Purchase Details

Closed on
Apr 17, 1996
Sold by
Pomroy Jeanne
Bought by
Jeanne G Pomroy Tr
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Elia Christopher J $1,185,000 Ata National Title Group Llc
Live Well Custom Homes Llc $315,000 Bankers Title Setmnt Svcs
Nietz Richard A $300,000 American Land Title Assoc
Pomroy Jeanne G -- --
Jeanne G Pomroy Tr -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elia Christopher J $1,185,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/20/2021 07/20/21 Sold $1,185,000 -1.2% $397 / Sq Ft
06/10/2021 06/10/21 Pending -- -- --
05/18/2021 05/18/21 For Sale $1,199,000 +280.6% $402 / Sq Ft
05/14/2020 05/14/20 Sold $315,000 -4.5% $310 / Sq Ft View Prior Sale
02/26/2020 02/26/20 Pending -- -- --
11/04/2019 11/04/19 Price Changed $330,000 -5.7% $325 / Sq Ft
09/27/2019 09/27/19 For Sale $350,000 0.0% $344 / Sq Ft
02/02/2017 02/02/17 Rented $1,600 0.0% --
02/01/2017 02/01/17 Under Contract -- -- --
01/13/2017 01/13/17 Price Changed $1,600 -11.1% $2 / Sq Ft
12/01/2016 12/01/16 For Rent $1,800 0.0% --
10/30/2015 10/30/15 Sold $300,000 -13.9% $188 / Sq Ft View Prior Sale
09/02/2015 09/02/15 Pending -- -- --
08/10/2015 08/10/15 For Sale $348,600 -- $218 / 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
2025 $17,871 $663,820 $0 $0
2024 $15,776 $600,740 $0 $0
2023 $15,118 $557,980 $0 $0
2022 $16,209 $420,130 $0 $0
2021 $5,371 $116,860 $0 $0
2020 $6,617 $167,800 $0 $0
2019 $8,198 $159,880 $0 $0
2018 $8,016 $157,070 $0 $0
2017 $6,454 $152,410 $0 $0
2016 $6,466 $147,460 $0 $0
2015 -- $137,530 $0 $0
2014 -- $114,770 $0 $0
2011 -- $101,830 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 2210033731

Realcomp

APN: 19-36-231-008