12481 First Ave S Southgate, MI 48195
Estimated Value: $192,592 - $199,000
2
Beds
2
Baths
1,275
Sq Ft
$153/Sq Ft
Est. Value
About This Home
This home is located at 12481 First Ave S, Southgate, MI 48195 and is currently estimated at $195,648, approximately $153 per square foot. 12481 First Ave S is a home located in Wayne County with nearby schools including Shelters Elementary School, Davidson Middle School, and Southgate Anderson High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 31, 2013
Sold by
Southtown Investments Llc
Bought by
Ayuba Gloria
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,898
Outstanding Balance
$82,032
Interest Rate
3.62%
Mortgage Type
FHA
Estimated Equity
$113,616
Purchase Details
Closed on
Aug 30, 2011
Sold by
Southtown Village Venture Llc
Bought by
Southtown Investments Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Interest Rate
4.22%
Mortgage Type
Future Advance Clause Open End Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ayuba Gloria | $116,000 | Title Connect Llc | |
| Southtown Investments Llc | -- | Metropolitan |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ayuba Gloria | $113,898 | |
| Previous Owner | Southtown Investments Llc | $475,000 |
Source: Public Records
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2025 | $4,268 | $93,100 | $0 | $0 |
| 2024 | $4,268 | $83,100 | $0 | $0 |
| 2023 | $4,079 | $69,500 | $0 | $0 |
| 2022 | $4,509 | $64,100 | $0 | $0 |
| 2021 | $4,379 | $62,000 | $0 | $0 |
| 2020 | $4,307 | $58,100 | $0 | $0 |
| 2019 | $4,245 | $57,300 | $0 | $0 |
| 2018 | $2,429 | $54,900 | $0 | $0 |
| 2017 | $1,557 | $55,100 | $0 | $0 |
| 2016 | $3,256 | $64,700 | $0 | $0 |
| 2015 | $5,822 | $60,400 | $0 | $0 |
| 2013 | $2,500 | $25,500 | $0 | $0 |
| 2012 | $1,542 | $24,800 | $6,500 | $18,300 |
Source: Public Records
Map
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