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1405 East Madge Avenue

1405 East Madge Avenue, Hazel Park, MI 48030
Property in Hazel Park
Sold Aug 15, 2017
$80,000
$123,550 by M/i Financial Llc
Mortgage Due Aug 01, 2036
Sold Feb 19, 2014
$24,200
1405 East Madge Avenue has been categorized by the local assessors in Hazel Park, MI as a residential type of property. The building on the property was first built in 1955 and is 69 years old. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1405 East Madge Avenue has 1,226 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,070 ft and across the front of the lot is 390 ft. The area measurement of the land has been determined as 4,182 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 526 sqft. According to our sources, there are a total of 2 available parking spaces. The building has a gable or hip style roof made of asphalt. The exterior walls of the building are made of alum/vinyl siding. The inside of the home is being cooled with no air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. The property was last sold in Aug 11, 2017 for $80,000. That's $65.25 per sqft. Prior to that sales transaction, the property was also sold in Jan 27, 2014 for $24,200. 1405 East Madge Avenue was last assessed in 2023. The total value of the property was assessed at $52,240. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $2,548. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,226
  • Garage Type: Garage
  • Garage Square Area: 526
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 4,182
  • Lot Size Depth Feet: 1,070
  • Lot Size Frontage Feet: 390
  • Total Building Area: 1,226
  • Building Area: 1,226
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: No air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,226
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: STEPHENSON-BARBER'S PARKHOME SUB
  • Land Acres: 0.096
  • Standard Land Use Code: Single family residential
  • Legal Description 1: T1N, R11E, SEC 36 STEPHENSON-BARBER'S PARKHOME SUB OF PART OF NORTH-EIGHT-OAKLAND SUB LOT 286

Ownership

  • Current Owner : COOPER JACOB
  • Previous Owner : SHIMA REZAN
  • Previous Owner 2: NJODA GJOVALIN
  • Owner Before Previous Owner: SECRETARY OF HOUSING & URBAN DEVELOPMENT
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Hazel Park City School District
  • School Tax School District: 63130
  • Census Tract: 175200

Zoning

  • Zoning: RI

Geography

  • District: 28
  • Parcel: 28-25-36-406-001
  • Lot: 286
  • Meridian: SEC 36 TWN 01N RNG 11E
  • Municipality: HAZEL PARK CITY
  • Latitude: 42.4543
  • Longitude: -83.0905

    Address

  • Full Address: 1405 E Madge Ave
  • Address - House Number: 1405
  • Street Direction: E
  • Address - Street Name: Madge
  • Address - Suffix Type: Ave
  • State: MI
  • City Name: Hazel Park
  • Carrier Code: C005
  • 4-Digit Zip Code: 2113
  • Zip Code: 48030

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,548

    Appraisal Valuation

  • Standard Deviation: 0.2194
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 69
  • Final Value: 162,561
  • High Value: 198,230
  • Low Value: 126,892

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $123,550
  • First Open Lien Mortgage Lender: M/I FINANCIAL LLC
  • First Open Lien Mortgage Recording Date: Jul 27, 2021
  • First Open Lien Mortgage Loan Amount: $123,550
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2036

    Market Valuation

  • Market Total Value: $104,480

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $52,240

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 11, 2017
  • Current Sale Recording Date: Aug 15, 2017
  • Current Sale Transaction ID: 1732633719
  • Current Sale Price: $80,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 153949
  • Previous Sale Recording Date: Feb 19, 2014
  • Previous Sale Contract Date: Jan 27, 2014
  • Previous Sale Amount: $24,200
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: QUICKEN LOANS INC
  • First Mortgage Transaction Date: Aug 15, 2017
  • First Mortgage Loan Amount: $78,551
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Sep 01, 2047

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Frequently Asked Questions

What neighborhood is 1405 East Madge Avenue located in?
The 1405 East Madge Avenue is a located in the neighborhood of Hazel Park in Hazel Park, Hazel Park.
What is the average sales price for listings in 1405 East Madge Avenue?
The average sales price for units in 1405 East Madge Avenue is $0 currently.

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