NOT LISTED FOR SALE

12742 Phelps St Southgate, MI 48195

Estimated Value: $276,000 - $313,000

3 Beds
2.5 Baths
2,076 Sq Ft
$142/Sq Ft Est. Value

Last Sold April 30, 2024

Last sale price $282,500 $136 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,972/month

Highlights

  • Above Ground Pool
  • Loft
  • Porch
  • Colonial Architecture
  • Fenced Yard
  • 2 Car Attached Garage

About This Home

As of April 2024

MULTIPLE OFFERS RECEIVED. Welcome to the charming Old Homestead subdivision of Southgate! Nestled within this picturesque community, you'll find this delightful 3-bedroom, 2-and-a-half bath colonial gem, built in 2005 and boasting several recent updates including fresh paint throughout. As you step inside, you're greeted by a warm and inviting atmosphere, with a spacious living area perfect for relaxation or entertaining guests. The kitchen, adorned with modern appliances, offers ample space for culinary endeavors, while the adjacent dining area provides a cozy spot for family meals. Upstairs, the serene master suite awaits, complete with its own ensuite bath for added comfort and convenience. Two additional bedrooms offer versatility for guests, a home office, or hobby space. This home provides a finished basement, perfect for additional living space or recreational activities. Outside features a patio for al fresco dining and relaxation and an above ground pool for summer fun. With its convenient location near schools, parks, and shopping, this lovingly maintained home offers both comfort and convenience, presenting a wonderful opportunity to embrace the coveted lifestyle of Old Homestead living. Don't miss your chance to make this your dream home!

Last Agent to Sell the Property

Danette Bonnell

Century 21 Professionals License #MISPE-6501434281 Listed on: 04/10/2024

Century 21 Professionals

Last Buyer's Agent

Ronnie Ahmad

Keller Williams Legacy License #RCO-6502410357

Keller Williams Legacy

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 2005

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 39x116x39x116
  • Fenced Yard

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Loft
  • Finished Basement

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Pool

  • Above Ground Pool
  • Outdoor Pool

Outdoor Features

  • Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Internet Available

Community Details

  • Old Homestead Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 53-018-02-0729-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,256

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Colonial
  • Structure Style: 2 Story
  • Flood Insurance: Not Required
  • Total Tax Amount: 5256
  • Year Built: 2005
  • Mail City: Southgate
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable/Internet Avail.
  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Fireplaces: Gas Fireplace
  • Basement: Yes
  • Basement: Finished
  • Bedrooms: 3
  • Bedroom 1: On 2nd Floor, Dimensions: 15 x 12
  • Bedroom 1 Floor Covering: Carpet
  • Bedroom 2: On 2nd Floor, Dimensions: 16 x 12
  • Bedroom 2 Floor Covering: Carpet
  • Bedroom 3: On 2nd Floor, Dimensions: 13 x 10
  • Bedroom 3 Floor Covering: Carpet
  • Full Bathrooms: 2
  • Total Bathrooms: 3
  • Bathroom 1: On Level: Second, Flooring: Ceramic
  • Bathroom 2: On Level: Second, Flooring: Ceramic
  • Room Types: Loft, Second Floor Laundry, Primary Bedroom, Primary Bathroom, Dining "L"
  • Kitchen: On Entry Level, Dimensions: 12 x 8
  • Kitchen Floor Covering: Vinyl
  • Laundry: On 2nd Floor, Dimensions: 6 x 5
  • Laundry Room Floor Covering: Ceramic
  • Living Room: On Entry Level, Dimensions: 24 x 14
  • Living Room Floor Covering: Carpet
  • Below Grade Sq Ft: 678
  • Finished Below Grade Sq Ft: 450
  • Above Grade Finished Sq Ft: 1626
  • Total Finished Sq Ft: 2076
  • Half Bathrooms: 1

Exterior Features

  • Pool: Yes
  • Exterior: Brick, Vinyl Siding
  • Exterior Features: Above Ground Pool, Fenced Yard, Patio, Porch, Street Lights, Swimming Pool
  • Foundation: Basement
  • Frontage: 40
  • Road: City/County
  • Frontage Type: Road

Garage/Parking

  • Garage: Attached Garage, Electric in Garage, Gar Door Opener
  • Garage Spaces: 2
  • Parking: Garage
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water
  • Water Heater: Gas
  • Cooling: Ceiling Fan(s), Central A/C

Lot Info

  • Assessor Parcel Number: 53-018-02-0729-000
  • Zoning: Residential
  • Lot Dimensions: 39x116x39x116
  • Acreage: 0.11
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2023, Amount: $4,162.00
  • Winter Tax: Year: 2023, Amount: $1,094.00
  • Taxable Value: 87958
  • Total Tax: Amount: $5,256.00
  • SEV Year: 2023

MLS Schools

  • School District: Southgate Community School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2024
Closed on
Apr 30, 2024
Sold by
Paravas Marios A
Bought by
Thornton Blake A
Seller's Agent
Danette Bonnell
Century 21 Professionals
Buyer's Agent
Ronnie Ahmad
Keller Williams Legacy
List Price
$240,000
Sold Price
$282,500
Premium/Discount to List
$42,500
17.71%
Views
131
Current Estimated Value
$295,336

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,836
Avg. Annual Appreciation
3.04%
Original Mortgage
$226,000
Interest Rate
6.82%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 14, 2015
Closed on
Oct 23, 2015
Sold by
Scott Gary B and Scott Stacie
Bought by
Paravas Marios A
Seller's Agent
Tonya Ireland
Real Estate One Inc
Buyer's Agent
No Member
Non Member Sales
List Price
$168,000
Sold Price
$162,000
Premium/Discount to List
-$6,000
-3.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.74%
Original Mortgage
$159,065
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 10, 2014
Sold by
Rennie David A and Rennie Deborah
Bought by
Scott Gary B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,099
Interest Rate
4.24%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 15, 2010
Sold by
Douglas George M and Douglas Jessica
Bought by
Rennie David A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,428
Interest Rate
5%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 10, 2006
Sold by
Vargo Stephen
Bought by
Douglas George M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,800
Interest Rate
6.99%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 29, 2003
Sold by
Gonte Nick and Gonte Joyce
Bought by
Vargo Stephen F
Source: Public Records

Range of Values:

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Average Value
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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
Thornton Blake A $282,500 Title One
Paravas Marios A $162,000 None Available
Scott Gary B $132,500 First American Title Ins Co
Rennie David A $78,857 Lighthouse Title Inc
Douglas George M $188,500 First American Title
Vargo Stephen F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thornton Blake A $230,260
Closed Thornton Blake A $226,000
Previous Owner Paravas Marios A $138,700
Previous Owner Paravas Marios A $159,065
Previous Owner Scott Gary B $130,099
Previous Owner Rennie David A $77,428
Previous Owner Douglas George M $194,778
Previous Owner Douglas George M $193,450
Previous Owner Douglas George M $150,800
Previous Owner Douglas George M $37,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2024 04/30/24 Sold $282,500 +17.7% $136 / Sq Ft
04/13/2024 04/13/24 Pending -- -- --
04/12/2024 04/12/24 For Sale $240,000 +48.1% $116 / Sq Ft
10/23/2015 10/23/15 Sold $162,000 -3.6% $78 / Sq Ft
09/25/2015 09/25/15 Pending -- -- --
09/14/2015 09/14/15 For Sale $168,000 -- $81 / Sq Ft
Source: Michigan Multiple Listing Service

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
2025 $4,356 $145,000 $0 $0
2024 $4,356 $141,900 $0 $0
2023 $4,162 $127,600 $0 $0
2022 $4,831 $117,400 $0 $0
2021 $4,700 $104,000 $0 $0
2020 $4,619 $94,400 $0 $0
2019 $4,561 $89,000 $0 $0
2018 $3,457 $80,500 $0 $0
2017 $2,091 $76,600 $0 $0
2016 $4,212 $75,900 $0 $0
2015 $6,390 $63,900 $0 $0
2013 $5,690 $59,800 $0 $0
2012 $2,425 $56,000 $4,600 $51,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 50138233

Michigan Multiple Listing Service

APN: 53-018-02-0729-000