Sold for $153,000

$153,000

5000 Town Ctr Suite 502, Southfield, MI 48075

1beds

2,349sqft

Condominium

Built in 1982

-- sqft lot

$153,900 Zestimate^®

$65/sqft

$1,599 Estimated rent

Home value

$153,900

$143,000 - $165,000

$1,599/mo

Zestimate^® history

Owner options

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$1,599/mo

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$1,599/mo

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$1,471/mo

Est. payment

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$1,471/mo

Est. payment

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What's special

Fitness centerDry cleaningSauna packagesGolf courseAssigned parkingFree valet servicePicnic areas

5000 Town Center's luxury hirise sits on 5+ acres of award winning, manicured grounds and is now showcasing this completely updated 1 BR 1 BA on 5th floor. This fabulous unit, w/eastern exposure and SS appliances, offers many amenities including: 24/7 concierge, 24/7 electronic CCTV surveillance system tennis courts, outdoor heated swimming pool, picnic areas w/grills, fitness center w/lockers & sauna packages & dry cleaning, receiving & delivery, assigned parking in covered, locked, security-camera monitored garage, free valet service one-time each month & complimentary parking for guests. Walk to library, golf course, multiplex sports facility & neighborhood restaurants. You'll be minutes from 2 major Xways, theatres, hospital, DTW and downtown Detroit. Come. Be in the center of it all!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 1
Bathrooms: 1
Full bathrooms: 1

Primary bedroom

Level: Entry
Dimensions: 12 x 15

Other

Level: Entry
Dimensions: 9 x 9

Great room

Level: Entry
Dimensions: 18 x 20

Kitchen

Level: Entry
Dimensions: 10 x 11

Heating

Heat Pump

Cooling

Central Air

Appliances

Included: Dishwasher, Disposal, Electric Cooktop, Exhaust Fan, Free Standing Refrigerator, Microwave, Stainless Steel Appliances, Washer Dryer Stacked
Laundry: Electric Dryer Hookup

Features

Elevator, High Speed Internet
Basement: Common,Finished,Interior Entry,Private,Walk Up Access
Has fireplace: No

Interior area

Total interior livable area: 2,349 sqft
Finished area above ground: 849
Finished area below ground: 1,500

Property

Parking

Total spaces: 1.5
Parking features: Oneand Half Car Garage, Assigned 1 Space, Attached, Covered, Direct Access, Lift, Garage Door Opener, Parking Structure, Garage Faces Side, Side Entrance
Attached garage spaces: 1.5

Accessibility

Accessibility features: Accessible Approach With Ramp

Features

Levels: One
Stories: 1
Entry location: LowerLevelwElevator
Exterior features: Barbecue, Basketball Court, Grounds Maintenance, Lighting, Tennis Courts
Pool features: In Ground, Outdoor Pool
Fencing: Back Yard,Fenced,Fencing Allowed,Fencing Requiredwith Pool

Lot

Features: Corner Lot, Near Golf Course, Sprinklers

Details

Parcel number: 2422427026
Special conditions: Short Sale No,Standard

Construction

Type & style

Home type: Condo
Architectural style: High Rise
Property subtype: Condominium

Materials

Brick
Foundation: Basement, Block

Condition

New construction: No
Year built: 1982
Major remodel year: 2022

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Cable Available

Community & HOA

Community

Features: Clubhouse, Fitness Center, Golf, Sidewalks, Tennis Courts
Security: Closed Circuit Cameras, Fire Sprinkler System
Subdivision: FIVE THOUSAND AT TOWN CENTER OCCPN 323

HOA

Has HOA: Yes
Services included: Maintenance Grounds, Maintenance Structure, Sewer, Snow Removal, Trash, Water
HOA fee: $402 monthly
HOA phone: 248-352-3860

Location

Region: Southfield

Financial & listing details

Price per square foot: $65/sqft
Tax assessed value: $55,390
Annual tax amount: $3,247
Date on market: 1/18/2024
Cumulative days on market: 37 days
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional
Exclusions: Exclusion(s) Do Not Exist

Price history

Date	Event	Price
3/14/2024	Sold	$153,000-4.4%$65/sqft
Source: Realcomp II #20240003031 Report a problem
2/22/2024	Pending sale	$160,000$68/sqft
Source: Realcomp II #20240003031 Report a problem
2/16/2024	Price change	$160,000-8.6%$68/sqft
Source: Realcomp II #20240003031 Report a problem
1/22/2024	Price change	$175,000-12.5%$74/sqft
Source: Realcomp II #20240003031 Report a problem
1/18/2024	Listed for sale	$200,000+33.3%$85/sqft
Source: Realcomp II #20240003031 Report a problem
4/21/2022	Sold	$150,000-6.3%$64/sqft
Source: Realcomp II #2220024642 Report a problem
4/18/2022	Pending sale	$160,000$68/sqft
Source: Realcomp II #2220024642 Report a problem
4/11/2022	Listed for sale	$160,000+103.8%$68/sqft
Source: Realcomp II #2220024642 Report a problem
4/15/1996	Sold	$78,500$33/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	--	$64,910 +5.8%
2024	--	$61,330 +10.7%
2023	--	$55,390 +1.6%
2022	--	$54,500 +6.9%
2021	--	$50,960 +11.1%
2020	--	$45,870 +11.9%
2019	--	$40,980 +3.9%
2018	--	$39,440 +45.7%
2015	--	$27,070 +9.4%
2014	--	$24,740 +11.5%
2011	--	$22,180 -43.9%
2010	--	$39,530
2009	--	$39,530