$7,750
SOLD SEP 24, 2015

1150 Magnolia Dr Inkster, MI 48141

3 Beds
1.5 Baths
1,100 Sq Ft
5,227 Sq Ft Lot

Recently Sold

$7 Per Sq Ft

61% Below List Price

60 Days on Market

Highlights

  • No HOA
  • Bungalow
  • Forced Air Heating System
  • 2 Car Detached Garage

About This Home

As of October 2021

3 BEDROOM BUNGALOW WITH BASEMENT AND NEWER 2 CAR GARAGE LOCATED IN A NICE AREA. HOME HAS NICE CURB APPEAL. LOCATED CLOSE TO SCHOOLS SHOPPING, AND MAJOR FREEWAYS. ALL BUYERS TO PAY A $299 REO PROCESSING FEE TO ARG REALTY.

Last Agent to Sell the Property

MICHAEL SALMACI

ARG Realty License #6502368290 Listed on: 03/27/2015

Last Buyer's Agent

MICHAEL SALMACI

ARG Realty License #6502368290 Listed on: 03/27/2015

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1952

Lot Details

  • Lot Dimensions are 45x124

Parking

  • 2 Car Detached Garage

Home Design

  • Bungalow
  • Poured Concrete
  • Vinyl Construction Material

Interior Spaces

  • 1,100 Sq Ft Home
  • 1.5-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Sewer in Street

Community Details

  • No Home Owners Association
  • Dearborn Hills Manor Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 44006010497000

Home Details

Home Type

Single Family

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Assessment: 62.3
  • Year Built: 1952
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 8
  • Total Bedrooms: 3
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 1100
  • Total Sq Ft: 1100

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Foundation Materials: Poured
  • Frontage Feet: 45
  • Road Frontage Type: Gravel

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Detached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Sewer at Street
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Westwood

Lot Info

  • Homestead: Yes
  • Lot Dimensions: 45X124
  • Parcel Number: 44006010497000

Tax Info

  • Tax Amount Summer: 1330.0000
  • Tax Amount Winter: 562.0000
  • Total Tax: 1892.0000

MLS Schools

  • School District: Westwood

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
Total Days on Market
60
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:

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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 Type Sale Price Title Company
Warranty Deed $118,000 None Listed On Document
Warranty Deed $65,000 Title One Inc
Warranty Deed $55,930 Reputation First Title Agenc
Warranty Deed $28,000 Reputation First Title Agenc
Deed $7,750 E Title
Sheriffs Deed $20,400 None Available
Deed $56,000 --
Deed $34,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $82,600 New Conventional
Previous Owner $25,000 Unknown
Previous Owner $17,347 Unknown
Previous Owner $103,500 Unknown
Previous Owner $76,162 Unknown
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
Source: Realcomp

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

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Map

Source: Realcomp

MLS Number: 215028970

Realcomp

APN: 44-006-01-0497-000