$280,000
SOLD APR 16, 2025

15416 Drake St Southgate, MI 48195

3 Beds
2 Baths
1,484 Sq Ft
5,663 Sq Ft Lot

Recently Sold

$189 Per Sq Ft

6% Above List Price

3 Days on Market

Highlights

  • Deck
  • Ground Level Unit
  • Covered Patio or Porch
  • Ranch Style House
  • No HOA
  • 5-minute walk to McCann Park

About This Home

As of April 2025

Highest and Best Saturday March 29,2025 at 8pm Don’t miss your chance to acquire this stunning residence featuring a spacious addition, boasting nearly 1500 sq feet. Extensive updates are evident throughout, including countertops, flooring, paint, a finished basement, and more. The addition showcases vaulted ceilings and a beautiful fireplace. Opportunities like this are rare, so schedule a viewing ASAP or miss out! BATVAI

Last Agent to Sell the Property

Andrew Grimm

Real Estate One-Troy License #6501393564 Listed on: 03/26/2025

Real Estate One-Troy

Co-Listed By

Brian Parkison

Real Estate One-Troy License #6501283280

Last Buyer's Agent

David Goad

Real Estate One-Southgate License #6501410617

Real Estate One-Southgate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1954 | Remodeled in 2023

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 49.00 x 117.00
  • Back Yard Fenced

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 1,484 Sq Ft Home
  • Awning
  • Family Room with Fireplace
  • Finished Basement

Kitchen

  • Free-Standing Gas Range
  • Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2.5 Car Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Covered Patio or Porch

Location

  • Ground Level Unit

Utilities

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

Community Details

  • No Home Owners Association
  • Leemon & Rosenhaus Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 53021040309001

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,337

Year Built

Built in 1954 | Remodeled in 2023

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Assessment: 3.00
  • Year Built: 1954
  • State Equalized Value: 113200.0000
  • Year Renovated: 2023
  • Entry Location: Ground Level
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Smoke Alarm
  • Fireplace: Yes
  • Fireplace Locations: Family Room
  • Room Count: 7
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Finished
  • Kitchen Appliances: Dishwasher, Dryer, Free-Standing Gas Range, Free-Standing Refrigerator, Microwave, Range Hood, Washer
  • Sq Ft Combined: 2384
  • Sq Ft Lower Floor: 900
  • Total Sq Ft: 1484
  • Sq Ft Total Bsmt: 1000

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: Awning/Overhang(s), Fenced
  • Foundation Materials: Poured
  • Frontage Feet: 50
  • Porch Type: Deck, Patio, Patio - Covered, Covered
  • Road Frontage Type: Paved
  • Sideof Street: W
  • Fencing: Back Yard, Fenced

Garage/Parking

  • Garage Size: 2.5 Car
  • Garage Features: Direct Access, Electricity, Door Opener, Detached
  • Garage: Yes

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Southgate

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.13
  • Lot Dimensions: 49.00 x 117.00
  • Parcel Number: 53021040309001

Tax Info

  • Tax Amount Summer: 5045.0000
  • Tax Amount Winter: 1292.0000
  • Total Tax: 6337.0000
  • Taxable Value: 108885.0000

MLS Schools

  • School District: Southgate

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2025
Closed on
Apr 16, 2025
Sold by
Streeter Savanah and Wilson Clay
Bought by
Kresslein Jacob
Seller's Agent
Andrew Grimm
Real Estate One-Troy
Buyer's Agent
David Goad
Real Estate One-Southgate
List Price
$264,999
Sold Price
$280,000
Premium/Discount to List
$15,001
5.66%
Views
65
Current Estimated Value
$270,524

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,476
Avg. Annual Appreciation
-6.92%
Original Mortgage
$196,000
Outstanding Balance
$195,127
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$75,397

Purchase Details

Listed on
Sep 19, 2022
Closed on
Oct 17, 2022
Sold by
Distefano Elaine and Distefano Frank
Bought by
Streeter Savanah and Wilson Clay
Seller's Agent
Penny Tarwacki
Real Estate One Southgate
Buyer's Agent
Andrew Grimm
Real Estate One-Troy
List Price
$204,900
Sold Price
$228,000
Premium/Discount to List
$23,100
11.27%
Views
28

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.56%
Original Mortgage
$221,160
Interest Rate
5.89%
Mortgage Type
New Conventional
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 $280,000 Capital Title
Warranty Deed $280,000 Capital Title
Warranty Deed $228,000 None Listed On Document
Warranty Deed $228,000 --
Warranty Deed $228,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $196,000 New Conventional
Closed $196,000 New Conventional
Previous Owner $221,160 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/16/2025 04/16/25 Sold $280,000 +5.7% $189 / Sq Ft
03/29/2025 03/29/25 Pending -- -- --
03/26/2025 03/26/25 For Sale $264,999 +16.2% $179 / Sq Ft
10/17/2022 10/17/22 Sold $228,000 +11.3% $96 / Sq Ft View Prior Sale
09/24/2022 09/24/22 Pending -- -- --
09/19/2022 09/19/22 For Sale $204,900 -- $86 / 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 $5,045 $123,600 $0 $0
2024 $5,045 $113,200 $0 $0
2023 $4,829 $103,700 $0 $0
2022 $3,120 $94,600 $0 $0
2021 $3,034 $85,700 $0 $0
2020 $2,980 $77,100 $0 $0
2019 $2,940 $71,300 $0 $0
2018 $2,218 $63,400 $0 $0
2017 $1,370 $59,300 $0 $0
2016 $2,714 $55,800 $0 $0
2015 $4,852 $52,100 $0 $0
2013 $4,700 $48,100 $0 $0
2012 $1,926 $45,800 $7,600 $38,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20250020268

Realcomp

APN: 53-021-04-0309-001