NOT LISTED FOR SALE

1150 Magnolia Dr Inkster, MI 48141

Estimated Value: $102,000 - $252,196

3 Beds
1 Bath
892 Sq Ft
$190/Sq Ft Est. Value

Last Sold October 12, 2021

Last sale price $65,000 $73 Per Sq Ft

Est. 160% increase in value since last sale

Current estimated payment $1,065/month

About This Home

As of October 2021

This property is move on Condition. Just remodeled Kitchen, Just installed Carpeting in living, Dining and all Bedrooms. Full unfinished Basement. 2 Car Detached Garage. No Smoking, No Pets.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 14, 2022
Sold by
Jhj Investment Properties Llc
Bought by
Chau Chi and Lee Lynn
Current Estimated Value
$169,299

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,600
Outstanding Balance
$77,281
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$61,359

Purchase Details

Listed on
Sep 4, 2021
Closed on
Oct 11, 2021
Sold by
That Dj & D Properties Llc
Bought by
Jhj Investment Properties Llc
Seller's Agent
Pouria Namazi
NCDG REALTY & PROPERTY MANAGE
Buyer's Agent
Out of Area Agent
Out of Area Office
List Price
$75,000
Sold Price
$65,000
Premium/Discount to List
-$10,000
-13.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.20%

Purchase Details

Closed on
Nov 21, 2016
Sold by
Nbc Proepites Llc
Bought by
Dj & D Properties Llc

Purchase Details

Listed on
Mar 27, 2015
Closed on
Oct 2, 2015
Sold by
Vestco Management Llc
Bought by
Nbc Properties Llc
Seller's Agent
MICHAEL SALMACI
ARG Realty
Buyer's Agent
MICHAEL SALMACI
ARG Realty
List Price
$19,800
Sold Price
$7,750
Premium/Discount to List
-$12,050
-60.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.71%
Original Mortgage
$25,000
Interest Rate
3.88%
Mortgage Type
Unknown

Purchase Details

Listed on
Mar 27, 2015
Closed on
Aug 26, 2015
Sold by
U S Bank National Association
Bought by
Vestco Management Llc
Seller's Agent
MICHAEL SALMACI
ARG Realty
Buyer's Agent
MICHAEL SALMACI
ARG Realty
List Price
$19,800
Sold Price
$7,750
Premium/Discount to List
-$12,050
-60.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
3.88%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 9, 2014
Sold by
Winbush Calvin C
Bought by
U S Bank National Association

Purchase Details

Closed on
Dec 11, 1998
Sold by
Thomas John W
Bought by
Winbush Calvin C

Purchase Details

Closed on
Nov 30, 1994
Sold by
Mccullough Joseph M
Bought by
John W Thomas
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Average Value
Not Available
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
Chau Chi $118,000 None Listed On Document
Jhj Investment Properties Llc $65,000 Title One Inc
Dj & D Properties Llc $55,930 Reputation First Title Agenc
Nbc Properties Llc $28,000 Reputation First Title Agenc
Vestco Management Llc $7,750 E Title
U S Bank National Association $20,400 None Available
Winbush Calvin C $56,000 --
John W Thomas $34,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chau Chi $82,600
Previous Owner Nbc Properties Llc $25,000
Previous Owner Winbush Calvin C $17,347
Previous Owner Winbush Calvin C $103,500
Previous Owner Winbush Calvin C $76,162
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2023 11/01/23 Rented $1,095 0.0% --
10/06/2023 10/06/23 Under Contract -- -- --
09/14/2023 09/14/23 Price Changed $1,095 -4.8% $1 / Sq Ft
09/08/2023 09/08/23 Price Changed $1,150 -3.8% $1 / Sq Ft
08/23/2023 08/23/23 For Rent $1,195 0.0% --
10/12/2021 10/12/21 Sold $65,000 -13.3% $48 / Sq Ft
09/15/2021 09/15/21 Pending -- -- --
08/25/2021 08/25/21 For Sale $75,000 +867.7% $56 / Sq Ft
09/24/2015 09/24/15 Sold $7,750 -60.9% $7 / Sq Ft
05/26/2015 05/26/15 Pending -- -- --
03/27/2015 03/27/15 For Sale $19,800 -- $18 / Sq Ft

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 $2,004 $39,900 $0 $0
2023 $2,892 $32,700 $0 $0
2022 $2,476 $26,300 $0 $0
2021 $1,675 $24,500 $0 $0
2020 $1,644 $21,300 $0 $0
2019 $1,641 $17,500 $0 $0
2018 $1,065 $15,100 $0 $0
2017 $979 $14,800 $0 $0
2016 $1,477 $13,800 $0 $0
2015 $2,060 $20,600 $0 $0
2013 $2,930 $29,300 $0 $0
2012 $1,740 $32,200 $2,700 $29,500
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2023

    Debra Frye

    Real Property Management Metro Detroit

    (248) 808-6550

    Debra Frye
    Section Image

  • P

    Seller's Agent in 2021

    Pouria Namazi

    NCDG REALTY & PROPERTY MANAGE

    (310) 717-3667

    3 in this area

    53 Total Sales

    Pouria Namazi
    Section Image
  • John Collis

    Seller Co-Listing Agent in 2021

    John Collis

    NCDG REALTY & PROPERTY MANAGE

    (517) 745-3948

    1 in this area

    50 Total Sales

    John Collis
    Section Image

  • O

    Buyer's Agent in 2021

    Out of Area Agent

    Out of Area Office

  • MICHAEL SALMACI

    Seller's Agent in 2015

    MICHAEL SALMACI

    ARG Realty

    (313) 333-0111

    5 in this area

    106 Total Sales

    MICHAEL SALMACI
    Section Image
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Map

Michigan Wayne County Inkster 48141

1150 Magnolia Dr, Inkster, MI

This home is located at 1150 Magnolia Dr, Inkster, MI 48141 and is currently estimated at $169,299, approximately $189 per square foot. 1150 Magnolia Dr is a home located in Wayne County with nearby schools including American International Academy - Elementary, Inkster Preparatory Academy, and American International Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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