NOT LISTED FOR SALE

12648 Second Ave S Unit 57 Southgate, MI 48195

Estimated Value: $185,000 - $202,039

2 Beds
2 Baths
1,018 Sq Ft
$265/mo HOA Fee

Last Sold July 25, 2022

Last sale price $175,000 $172 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,589/month

Highlights

  • Ranch Style House
  • Forced Air Heating and Cooling System
  • Ceiling Fan
  • 2 Car Direct Access Garage

About This Home

As of July 2022

Ranch condo located in Southgate! As you step inside, be prepared to fall in love! Spacious living room with open floor plan and ample natural lighting. Spacious kitchen with ample counter space and storage! This stunning property features 2 bedrooms and 2 full baths. Recent updates include new hot water heater, new blinds, new washer dryer, new stove and refrigerator, and new door wall! Additional storage in the attached two car garage with new pull down attic stairs. Southgate schools.

Last Agent to Sell the Property

Becky Herrst

KW Realty Livingston License #6501384198 Listed on: 06/24/2022

KW Realty Livingston

Last Buyer's Agent

Michelle Saward

EXP Realty License #RCO-6506046675

EXP Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

Year Built

  • Built in 2006

Lot Details

  • 3,049

HOA Fees

  • $265 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Slab Foundation
  • Poured Concrete
  • Vinyl Construction Material

Interior Spaces

  • 1,018 Sq Ft Home
  • Ceiling Fan

Kitchen

  • Free-Standing Electric Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Location

  • Ground Level

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 53004020057000

Community Details

Overview

  • Contactks@Ksmanagement.Org Association, Phone Number (734) 285-4442
  • Wayne County Condo Sub Plan No 903 Subdivision

Pet Policy

  • Limit on the number of pets
  • The building has rules on how big a pet can be within a unit

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,954

Year Built

Built in 2006

Lot Details

0

HOA Fees

$265 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Assessment: 4.00
  • Year Built: 2006
  • State Equalized Value: 54300.0000
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Number Limit, Size Limit
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Room Count: 8
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Kitchen Appliances: Dishwasher, Dryer, Free-Standing Electric Oven, Free-Standing Refrigerator, Microwave, Washer
  • Sq Ft Combined: 1018
  • Total Sq Ft: 1018

Exterior Features

  • Foundation Details: Slab
  • Construction Materials: Brick, Vinyl
  • Foundation Materials: Poured
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Direct Access, Electricity, Door Opener, Attached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Phone: 734-285-4442
  • Association Fee: 265
  • Association Contact: contactks@ksmanagement.org
  • Association Fee: Yes

Schools

  • School District: Southgate

Lot Info

  • Homestead: Yes
  • Parcel Number: 53004020057000

Tax Info

  • Tax Amount Summer: 2305.0000
  • Tax Amount Winter: 649.0000
  • Total Tax: 2954.0000
  • Taxable Value: 51612.0000

MLS Schools

  • School District: Southgate

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2022
Closed on
Jul 25, 2022
Sold by
David Semke
Bought by
Sherman Stacy
Seller's Agent
Becky Herrst
KW Realty Livingston
Buyer's Agent
Michelle Saward
EXP Realty
List Price
$169,995
Sold Price
$175,000
Premium/Discount to List
$5,005
2.94%
Current Estimated Value
$194,010

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,010
Avg. Annual Appreciation
3.62%
Original Mortgage
$130,000
Outstanding Balance
$125,367
Interest Rate
5.81%
Mortgage Type
New Conventional
Estimated Equity
$68,643

Purchase Details

Listed on
Jun 3, 2015
Closed on
Sep 8, 2015
Sold by
Lawrence Gary N and Lawrence Donald R
Bought by
Semke David and Hursey Janet
Seller's Agent
Larry Keck
Keck Real Estate Company
Buyer's Agent
Pamela Tuttle
NON-RESIDENT OFFICE
List Price
$99,900
Sold Price
$99,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.49%
Original Mortgage
$149,850
Interest Rate
3.93%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Oct 25, 2006
Sold by
Lawrence Dolly
Bought by
Lawrence Dolly and Lawrence Gary N
Source: Public Records

Similar Home in Southgate, MI

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 Buyer Sale Price Title Company
Sherman Stacy $175,000 First American Title
Semke David $99,900 Michigan Title Ins Agency In
Lawrence Dolly -- None Available
Lawrence Dolly $148,900 Philip R Seaver Title Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sherman Stacy $130,000
Previous Owner Semke David $149,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2022 07/25/22 Sold $175,000 +2.9% $172 / Sq Ft
06/25/2022 06/25/22 Pending -- -- --
06/24/2022 06/24/22 For Sale $169,995 +70.2% $167 / Sq Ft
09/08/2015 09/08/15 Sold $99,900 0.0% $98 / Sq Ft
07/01/2015 07/01/15 Pending -- -- --
06/03/2015 06/03/15 For Sale $99,900 -- $98 / 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 $2,958 $72,500 $0 $0
2023 $2,831 $60,800 $0 $0
2022 $3,038 $56,200 $0 $0
2021 $2,953 $54,300 $0 $0
2020 $2,903 $50,900 $0 $0
2019 $2,871 $50,300 $0 $0
2018 $2,163 $48,900 $0 $0
2017 $1,384 $49,100 $0 $0
2016 $3,140 $57,400 $0 $0
2015 $4,005 $53,600 $0 $0
2013 $3,880 $39,700 $0 $0
2012 $1,602 $38,400 $6,500 $31,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20221007983

Realcomp

APN: 53-004-02-0057-000