$65,000
SOLD MAR 18, 2024

1407 Colonial Dr Inkster, MI 48141

3 Beds
1 Bath
741 Sq Ft
7,841 Sq Ft Lot

Recently Sold

$88 Per Sq Ft

7% Below List Price

Highlights

  • No HOA
  • Bungalow
  • 2-minute walk to Colonial Park
  • 1 Car Detached Garage
  • Forced Air Heating System

About This Home

As of July 2024

This home is located at 1407 Colonial Dr, Inkster, MI 48141 and is currently priced at $65,000, approximately $87 per square foot. This property was built in 1950. 1407 Colonial Dr is a home located in Wayne County with nearby schools including David Hicks School, Benjamin Franklin Middle School, and Adams Middle School.

Last Agent to Sell the Property

Nick Jaafar

Keller Williams Legacy License #6501403947 Listed on: 03/19/2024

Keller Williams Legacy

Last Buyer's Agent

Nick Jaafar

Keller Williams Legacy License #6501403947 Listed on: 03/19/2024

Keller Williams Legacy

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1950

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 50.00 x 153.90

Parking

  • 1 Car Detached Garage

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • 741 Sq Ft Home
  • 1.5-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Location

  • Ground Level

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Dearborn Hills Manor Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 44006010267000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,302

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Assessment: 166.00
  • Year Built: 1950
  • State Equalized Value: 32400.0000
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 6
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 741
  • Total Sq Ft: 741
  • Sq Ft Total Bsmt: 741

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Brick/Mortar
  • Frontage Feet: 50
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 1 Car
  • Garage Features: Detached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Wayne-Westland

Lot Info

  • Lot Size Area: 0.18
  • Lot Dimensions: 50.00 x 153.90
  • Parcel Number: 44006010267000

Tax Info

  • Tax Amount Summer: 1035.0000
  • Tax Amount Winter: 267.0000
  • Total Tax: 1302.0000
  • Taxable Value: 18475.0000

MLS Schools

  • School District: Wayne-Westland

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2024
Closed on
Jul 5, 2024
Sold by
Fayad Ali Hussein
Bought by
Wright Ryan and Wright Amanda
Seller's Agent
Mouhamad Sobh
Empire Realty Group
Buyer's Agent
Ahmad Alissa
Empire Realty Group
List Price
$122,500
Sold Price
$120,000
Premium/Discount to List
-$2,500
-2.04%
Current Estimated Value
$125,694

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,694
Avg. Annual Appreciation
4.01%
Original Mortgage
$117,826
Outstanding Balance
$116,383
Interest Rate
6.86%
Mortgage Type
FHA
Estimated Equity
$9,311

Purchase Details

Listed on
Mar 19, 2024
Closed on
Mar 18, 2024
Sold by
Powell Millicent Marie Patterson
Bought by
Fayad Ali Hussein
Seller's Agent
Nick Jaafar
Keller Williams Legacy
Buyer's Agent
Nick Jaafar
Keller Williams Legacy
List Price
$70,000
Sold Price
$65,000
Premium/Discount to List
-$5,000
-7.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
671.90%

Purchase Details

Listed on
Mar 8, 2016
Closed on
Apr 28, 2016
Sold by
Money Train Properties Llc
Bought by
Powell Millicent Marie Patterson
Seller's Agent
Greg White
Imagine Home Realty
Buyer's Agent
Greg White
Imagine Home Realty
List Price
$19,900
Sold Price
$16,500
Premium/Discount to List
-$3,400
-17.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.98%

Purchase Details

Closed on
Mar 25, 2015
Sold by
Windsong Investments Llc
Bought by
Money Train Properties Llc

Purchase Details

Closed on
Jan 14, 2015
Sold by
Mph Llc
Bought by
Windsong Investments Llc

Purchase Details

Closed on
Nov 26, 2014
Sold by
Honor Management Llc
Bought by
Mph Llc

Purchase Details

Closed on
Oct 24, 2014
Sold by
Pardo Rene and Pardo Soledad F
Bought by
Honor Management Llc
Source: Public Records

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 Type Sale Price Title Company
Warranty Deed $120,000 None Listed On Document
Warranty Deed $65,000 None Listed On Document
Warranty Deed $65,000 None Listed On Document
Quit Claim Deed $16,500 None Available
Warranty Deed $60,512 Attorney
Warranty Deed $55,950 None Available
Warranty Deed $40,000 None Available
Warranty Deed $14,500 Leading Edge Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $117,826 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/05/2024 07/05/24 Sold $120,000 -2.0% $114 / Sq Ft
06/21/2024 06/21/24 For Sale $122,500 +75.0% $116 / Sq Ft
05/24/2024 05/24/24 Pending -- -- --
03/19/2024 03/19/24 For Sale $70,000 +7.7% $94 / Sq Ft
03/18/2024 03/18/24 Sold $65,000 +293.9% $88 / Sq Ft
03/15/2024 03/15/24 Pending -- -- --
04/28/2016 04/28/16 Sold $16,500 -17.1% $22 / Sq Ft
04/27/2016 04/27/16 Pending -- -- --
03/08/2016 03/08/16 For Sale $19,900 -- $27 / 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
2025 $1,036 $48,300 $0 $0
2024 $1,036 $40,400 $0 $0
2023 $1,035 $32,400 $0 $0
2022 $2,872 $26,300 $0 $0
2021 $3,709 $23,800 $0 $0
2020 $4,276 $20,300 $0 $0
2019 $2,650 $17,000 $0 $0
2018 $1,579 $16,100 $0 $0
2017 $545 $15,900 $0 $0
2016 $1,812 $16,100 $0 $0
2015 $1,840 $18,400 $0 $0
2013 $2,426 $24,800 $0 $0
2012 $1,479 $27,300 $2,800 $24,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20240011531

Realcomp

APN: 44-006-01-0267-000