NOT LISTED FOR SALE

12985 Walnut St Southgate, MI 48195

Estimated Value: $140,685 - $203,000

-- Bed
-- Bath
713 Sq Ft
$235/Sq Ft Est. Value

About This Home

This home is located at 12985 Walnut St, Southgate, MI 48195 and is currently estimated at $167,671, approximately $235 per square foot. 12985 Walnut St is a home located in Wayne County with nearby schools including Grogan Elementary School, Davidson Middle School, and Southgate Anderson High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 10, 2021
Sold by
Tahoe Diversified Llc
Bought by
Mi Residential Llc
Current Estimated Value
$167,671

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$11,915,000
Outstanding Balance
$10,955,735
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
-$10,788,064

Purchase Details

Closed on
Dec 1, 2017
Sold by
Epic Homes Llc
Bought by
Tahoe Diversified Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,294,400
Interest Rate
3.94%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 29, 2017
Sold by
Farkas Louis F and Farkas Frances D
Bought by
Epic Homes Llc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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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

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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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
Mi Residential Llc -- Michigan Title Ins Agcy Inc
Mi Residential Llc -- Michigan Title Insurance Agenc
Tahoe Diversified Llc -- First American Title
Epic Homes Llc $48,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mi Residential Llc $11,915,000
Previous Owner Tahoe Diversified Llc $1,294,400
Source: Public Records

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 $2,698 $68,400 $0 $0
2024 $2,698 $64,200 $0 $0
2023 $2,573 $57,700 $0 $0
2022 $2,834 $52,000 $0 $0
2021 $2,930 $46,900 $0 $0
2020 $2,710 $42,000 $0 $0
2019 $2,673 $38,100 $0 $0
2018 $2,172 $33,800 $0 $0
2017 $794 $31,500 $0 $0
2016 $2,150 $31,400 $0 $0
2015 $2,818 $30,400 $0 $0
2013 $2,730 $28,600 $0 $0
2012 $1,753 $26,800 $4,600 $22,200
Source: Public Records

Map

Michigan Wayne County Southgate 48195

12985 Walnut St, Southgate, MI

This home is located at 12985 Walnut St, Southgate, MI 48195 and is currently estimated at $167,671, approximately $235 per square foot. 12985 Walnut St is a home located in Wayne County with nearby schools including Grogan Elementary School, Davidson Middle School, and Southgate Anderson High School.

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