NOT LISTED FOR SALE

26557 Palmer Blvd Madison Heights, MI 48071

Estimated Value: $189,000 - $210,000

2 Beds
1 Bath
968 Sq Ft
$203/Sq Ft Est. Value

Last Sold October 08, 2019

Last sale price $120,000 $124 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $1,292/month

44 Days on Market

Highlights

  • Ranch Style House
  • 2 Car Garage
  • 4-minute walk to Huffman Park

About This Home

As of October 2019

House is under contract. Still showing and accepting backup offers. Beautiful completely remodeled home! A great investment or first time home buyer opportunity. Home is located near two major freeways I75 and 696! Just about everything in this house was changed; all new flooring, paint, kitchen cabinets, granite countertop, even the garbage disposal is new!

Last Agent to Sell the Property

Jason Mansoor

Keller Williams Realty Central License #MISPE-6501413894 Listed on: 07/17/2019

Keller Williams Realty Central

Last Buyer's Agent

Jason Mansoor

Keller Williams Realty Central License #MISPE-6501413894 Listed on: 07/17/2019

Keller Williams Realty Central

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1940

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 135x50

Parking

  • 2 Car Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 968 Sq Ft Home
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Cooling System Mounted To A Wall/Window

Community Details

  • General Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2523230018

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,587

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Ranch
  • Structure Style: 1 Story
  • Total Tax Amount: 1587
  • Year Built: 1940
  • Mail City: Madison Heights
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Bedrooms: 2
  • Bedroom 1: On 1st Floor, Dimensions: 10 x 11
  • Bedroom 2: On 1st Floor, Dimensions: 8 x 11
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Bathroom 1: On Level: First
  • Living Room: On Entry Level, Dimensions: 17 x 21
  • Above Grade Finished Sq Ft: 968
  • Total Finished Sq Ft: 968

Exterior Features

  • Exterior: Brick
  • Foundation: Crawl
  • Frontage: 50

Garage/Parking

  • Garage Spaces: 2
  • Garage: Yes

Utilities

  • Sewer: Public Sanitary
  • Water: Public Water
  • Cooling: Wall/Window A/C

Lot Info

  • Assessor Parcel Number: 2523230018
  • Lot Dimensions: 135X50
  • Acreage: 0.16
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2018, Amount: $1,409.00
  • Winter Tax: Year: 2018, Amount: $178.00
  • Total Tax: Amount: $1,587.00

MLS Schools

  • School District: Madison Public Schools (Oakland)

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2019
Closed on
Oct 3, 2019
Sold by
Mansoor Atheer
Bought by
Wardrop David and Reynolds Deborah
Seller's Agent
Jason Mansoor
Keller Williams Realty Central
Buyer's Agent
Jason Mansoor
Keller Williams Realty Central
List Price
$120,000
Sold Price
$120,000
Current Estimated Value
$196,734

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,734
Avg. Annual Appreciation
8.20%
Original Mortgage
$108,000
Outstanding Balance
$96,060
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$94,481

Purchase Details

Listed on
Jun 4, 2015
Closed on
Sep 25, 2015
Sold by
Vuktilaj Shprese
Bought by
Mansoor Atheer
Seller's Agent
Flora Grishaj
JCI - Troy, Inc.
Buyer's Agent
. Non Mls Member
NON MLS Member
List Price
$59,900
Sold Price
$57,500
Premium/Discount to List
-$2,400
-4.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.08%
Original Mortgage
$55,962
Interest Rate
2.99%
Mortgage Type
FHA

Purchase Details

Listed on
Oct 21, 2013
Closed on
Mar 13, 2014
Sold by
Fannie Mae
Bought by
Vuktilaj Shprese
Seller's Agent
Steven Wilson
JCI - REO, Inc.
Buyer's Agent
Flora Grishaj
JCI - Troy, Inc.
List Price
$50,500
Sold Price
$30,000
Premium/Discount to List
-$20,500
-40.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
52.57%

Purchase Details

Closed on
May 20, 2013
Sold by
Jpmorgan Chase Bank National Association
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 26, 2013
Sold by
Lee Kenneth D
Bought by
Jpmorgan Chase Bank Na

Purchase Details

Closed on
Jun 23, 1995
Sold by
Bailey Harold R
Bought by
Lee Kenneth D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,926
Interest Rate
7.64%
Mortgage Type
FHA
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
Wardrop David $120,000 Title Plus Llc
Mansoor Atheer $57,000 None Available
Vuktilaj Shprese $30,000 E Title
Federal National Mortgage Association -- None Available
Jpmorgan Chase Bank Na $76,636 None Available
Lee Kenneth D $48,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wardrop David $108,000
Previous Owner Mansoor Atheer $55,962
Previous Owner Lee Kenneth D $72,924
Previous Owner Lee Kenneth D $40,000
Previous Owner Lee Kenneth D $48,926
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2019 10/08/19 Sold $120,000 0.0% $124 / Sq Ft
08/30/2019 08/30/19 Pending -- -- --
08/24/2019 08/24/19 For Sale $120,000 0.0% $124 / Sq Ft
07/23/2019 07/23/19 Pending -- -- --
07/17/2019 07/17/19 For Sale $120,000 +108.7% $124 / Sq Ft
09/30/2015 09/30/15 Sold $57,500 -4.0% $59 / Sq Ft
08/31/2015 08/31/15 Pending -- -- --
06/04/2015 06/04/15 For Sale $59,900 +99.7% $62 / Sq Ft
03/17/2014 03/17/14 Sold $30,000 -40.6% $31 / Sq Ft
02/20/2014 02/20/14 Pending -- -- --
10/21/2013 10/21/13 For Sale $50,500 -- $52 / 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
2024 $2,640 $78,620 $0 $0
2023 $2,521 $73,270 $0 $0
2022 $2,644 $65,320 $0 $0
2021 $2,557 $58,900 $0 $0
2020 $2,428 $53,520 $0 $0
2019 $1,609 $40,590 $0 $0
2018 $1,587 $34,560 $0 $0
2017 $1,540 $34,560 $0 $0
2016 $1,461 $30,470 $0 $0
2015 -- $26,720 $0 $0
2014 -- $23,470 $0 $0
2011 -- $31,830 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31387587

Michigan Multiple Listing Service

APN: 25-23-230-018