NOT LISTED FOR SALE

988 Michelson Rd Unit 7 Rochester Hills, MI 48307

Estimated Value: $518,000 - $600,000

4 Beds
2 Baths
2,932 Sq Ft
$188/Sq Ft Est. Value

Last Sold October 19, 2012

Last sale price $211,460 $72 Per Sq Ft

Est. 160% increase in value since last sale

Current estimated payment $3,552/month

64 Days on Market

Highlights

  • Colonial Architecture
  • 2 Car Attached Garage
  • Gas Fireplace
  • Brooklands Elementary School Rated A
  • Forced Air Heating System

About This Home

As of October 2012

Great Opportunity on this 4 bedroom, 2.5 bath home in Rochester Hills. Home offers spacious, open living area, with neutral colors throughout and a large unfinished basement with room for storage. Exterior offers two car attached garage and .54 acre lot. Agents: See agent remarks for offer instructions.

Last Agent to Sell the Property

Raymond Megie

Realty Executives Main St-Lap License #MISPE-6502321606 Listed on: 07/10/2012

Last Buyer's Agent

Rafida Sabbagh

Realty Executives Home Towne Shelby License #MISPE-6501355640

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2005

Lot Details

  • 0.54 Acre Lot
  • Lot Dimensions are 120x196

Parking

  • 2 Car Attached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 2,932 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Living Room with Fireplace
  • Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 1535476018

Home Details

Home Type

Single Family

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL CONDO
  • Type Of Property: Residential
  • Architecture Style: Colonial
  • Structure Style: 2 Story
  • Total Tax Amount: 7425
  • Year Built: 2005
  • Special Features: 20
  • Property Sub Type: Detached

Interior Features

  • Fireplace: Yes
  • Fireplaces: Gas Fireplace, LivRoom Fireplace
  • Basement: Yes
  • Bedrooms: 4
  • Bedroom 1: On Upper Floor, Dimensions: 20 x 16
  • Bedroom 2: On Upper Floor, Dimensions: 12 x 14
  • Bedroom 3: On Upper Floor, Dimensions: 12 x 14
  • Bedroom 4: On Upper Floor, Dimensions: 12 x 14
  • Bathrooms Description: First Flr Lavatory, Second Flr Lavatory
  • Full Bathrooms: 2
  • Total Bathrooms: 3
  • Room Types: First Floor Laundry
  • Dining Room: On Entry Level, Dimensions: 11 x 15
  • Family Room: On Entry Level, Dimensions: 16 x 22
  • Kitchen: On Entry Level, Dimensions: 13 x 14
  • Laundry: On Entry Level, Dimensions: 7 x 8
  • Living Room: On Entry Level, Dimensions: 14 x 17
  • Half Bathrooms: 1
  • Above Grade Finished Sq Ft: 2932
  • Total Finished Sq Ft: 2932

Exterior Features

  • Exterior: Brick, Vinyl Siding
  • Foundation: Basement
  • Frontage: 120
  • Road: Gravel

Garage/Parking

  • Garage: Attached Garage
  • Garage Spaces: 2
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Septic
  • Water: Private Well
  • Water Heater: Gas

Lot Info

  • Assessor Parcel Number: 1535476018
  • Lot Description: Deep Lot - 150+ Ft., Large Lot - 65+ Ft.
  • Lot Dimensions: 120x196
  • Section: 35
  • Site Condo: Yes
  • Acreage: 0.54
  • Map Side Numeric: 18
  • Map Top Alpha: AE
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Amount: $3,560.00
  • Winter Tax: Amount: $3,865.00
  • Total Tax: Amount: $7,425.00

MLS Schools

  • School District: Rochester Community School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 20, 2011
Sold by
Wells Fargo Bank Na
Bought by
Fannie Mae and Federal National Mortgage Association
Current Estimated Value
$550,761

Purchase Details

Closed on
Oct 18, 2011
Sold by
Kent Kris and Mortgage Electronic Registrati
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Jan 22, 2008
Sold by
Atlas Development Co Inc
Bought by
Kent Kris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,000
Interest Rate
5.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 18, 2008
Sold by
Atlas Investments Llc
Bought by
Atlas Development Co Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,000
Interest Rate
5.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 11, 2004
Sold by
Brown Dan and Brown Mary Lou
Bought by
Atlas Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,900
Interest Rate
5.8%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Fannie Mae -- None Available
Wells Fargo Bank Na $359,451 None Available
Kent Kris $280,000 William T Sheahan Title Co
Atlas Development Co Inc -- William T Sheahan Title Co
Atlas Investments Llc $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sabbagh Firas $290,000
Closed Sabbagh Piras $100,000
Previous Owner Kent Kris $299,480
Previous Owner Kent Kris $266,000
Previous Owner Atlas Investments Llc $230,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2012 10/19/12 Sold $211,460 -14.2% $72 / Sq Ft
09/12/2012 09/12/12 Pending -- -- --
07/10/2012 07/10/12 For Sale $246,340 -- $84 / 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
2022 $2,119 $180,380 $0 $0
2018 $3,520 $151,950 $0 $0
2017 $3,446 $141,940 $0 $0
2015 -- $121,290 $0 $0
2014 -- $109,160 $0 $0
2011 -- $118,570 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31110458

Michigan Multiple Listing Service

APN: 15-35-476-018