NOT LISTED FOR SALE

12863 Eureka Rd Southgate, MI 48195

Estimated Value: $194,965

Studio
1 Bath
1,800 Sq Ft
$108/Sq Ft Est. Value

About This Home

This home is located at 12863 Eureka Rd, Southgate, MI 48195 and is currently estimated at $194,965, approximately $108 per square foot. 12863 Eureka Rd is a home located in Wayne County with nearby schools including Allen Elementary School, Davidson Middle School, and Southgate Anderson High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 6, 2014
Sold by
Shebley Mervet and Shebley Ali
Bought by
Reece Equity Llc
Current Estimated Value
$194,965

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Outstanding Balance
$57,218
Interest Rate
4.28%
Mortgage Type
Commercial
Estimated Equity
$137,747

Purchase Details

Closed on
Jun 3, 2014
Sold by
Leung Barry and Leung Kam L
Bought by
Shebley Mervet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Outstanding Balance
$57,218
Interest Rate
4.28%
Mortgage Type
Commercial
Estimated Equity
$137,747

Purchase Details

Closed on
Nov 16, 2010
Sold by
Leung Barry and Leung Kam L
Bought by
Shebley Mervet and Shebley Ali

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,000
Interest Rate
6.5%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Reece Equity Llc $100,000 Greco Title Agency Llc
Shebley Mervet $55,000 Multiple
Shebley Mervet $55,000 Michigan Title Insurance Age
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reece Equity Llc $75,000
Previous Owner Shebley Mervet $46,000
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 $4,263 $92,800 $0 $0
2024 $4,109 $81,800 $0 $0
2023 $3,923 $73,700 $0 $0
2022 $4,328 $65,300 $0 $0
2021 $4,205 $62,400 $0 $0
2020 $4,136 $63,100 $0 $0
2019 $4,078 $65,700 $0 $0
2018 $3,303 $53,800 $0 $0
2017 $1,426 $51,200 $0 $0
2016 $3,893 $54,200 $0 $0
2015 $5,200 $52,000 $0 $0
2013 $4,567 $48,000 $0 $0
2012 $2,656 $45,700 $7,900 $37,800
Source: Public Records

Map

Michigan Wayne County Southgate 48195

12863 Eureka Rd, Southgate, MI

Not Listed for Sale

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