NOT LISTED FOR SALE

16304 Oaktree Ln Romulus, MI 48174

Estimated Value: $227,632 - $264,000

4 Beds
2 Baths
1,632 Sq Ft
$146/Sq Ft Est. Value

Last Sold July 31, 2024

Last sale price $230,000 $141 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,511/month

2 Days on Market

Highlights

  • Colonial Architecture
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System
  • No HOA
  • Porch
  • Ceiling Fan

About This Home

As of July 2024

Settle into this large colonial in a quiet and well kept subdivision. This 4 bed/2 full bath colonial has 1,632 square feet, a nicely finished basement and 2.5 car garage. Many expensive updates have been done: BRAND new furnace (6/2024) and central air (2023), water heater is also recent. This home has circuit breakers, copper plumbing and is well closeted! Enjoy the huge kitchen, tiled backsplash, breakfast bar seating with slider leading to the rear yard. All appliances will remain. The home has some unique flexibility: the upper level could be a primary suite as it has two bedrooms (one with vaulted ceilings & recessed lighting) and full bath, since the bedroom is a walkthrough the secondary upper bedroom could serve as an office, work out room, or nursery. The current owner is utilizing it as a large closet, additionally-there is another walk-in closet as well. On the main level, there is also a designated dining room which could be resurrected back into yet another bedroom, which it was originally when this home was built in 1980. The living room has a pretty bay window to let the sunshine in! The exterior of both house and garage is maintenance free, steel entry doors, fire pit, fenced yard, sidewalks for leisurely strolls. This home will be up to code as the seller is furnishing the Certificate of Occupancy. FHA/VA ok with no costs to seller. The entire driveway & two slabs of city walk will be replaced-completion in late July. This home is occupied please be mindful of time blocks.

Last Listed By

Desiree Cataldo

RE/MAX Leading Edge License #6501274918 Listed on: 06/15/2024

RE/MAX Leading Edge

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1980

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 63.20 x 115.00
  • Back Yard Fenced

Home Design

  • Colonial Architecture
  • Poured Concrete
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,632 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Finished Basement
  • Sump Pump

Kitchen

  • Free-Standing Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Utilities

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

Additional Features

  • Porch
  • Ground Level

Community Details

  • No Home Owners Association
  • Meadowdale Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 80143010029000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,639

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Assessment: 179.00
  • Year Built: 1980
  • State Equalized Value: 94000.0000
  • Foundation Features: Sump Pump
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Smoke Alarm, Circuit Breakers
  • Room Count: 9
  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Finished
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Free-Standing Electric Range, Free-Standing Refrigerator, Microwave, Washer
  • Sq Ft Combined: 2382
  • Sq Ft Lower Floor: 750
  • Total Sq Ft: 1632
  • Sq Ft Total Bsmt: 1032

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Exterior Features: Fenced
  • Foundation Materials: Poured
  • Frontage Feet: 63
  • Porch Type: Porch
  • Road Frontage Type: Paved, Pub. Sidewalk
  • Fencing: Back Yard, Fenced

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Electricity, Door Opener, Detached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), 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: Romulus

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.17
  • Lot Dimensions: 63.20 x 115.00
  • Parcel Number: 80143010029000

Tax Info

  • Tax Amount Summer: 2151.0000
  • Tax Amount Winter: 488.0000
  • Total Tax: 2639.0000
  • Taxable Value: 46455.0000

MLS Schools

  • School District: Romulus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2024
Closed on
Jul 31, 2024
Sold by
Lane Wendy G and Bennett Wendy G
Bought by
Brooks Thomas
Seller's Agent
Desiree Cataldo
RE/MAX Leading Edge
Buyer's Agent
Michelle Toukhli
Real Estate One-Dbn Hts/Dbn
List Price
$219,900
Sold Price
$230,000
Premium/Discount to List
$10,100
4.59%
Total Days on Market
2
Views
52
Current Estimated Value
$238,908

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,908
Avg. Annual Appreciation
2.17%
Original Mortgage
$225,834
Outstanding Balance
$224,888
Interest Rate
6.95%
Mortgage Type
FHA
Estimated Equity
$8,900

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 Buyer Sale Price Title Company
Brooks Thomas $230,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brooks Thomas $225,834
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2024 07/31/24 Sold $230,000 +4.6% $141 / Sq Ft
06/18/2024 06/18/24 Pending -- -- --
06/15/2024 06/15/24 For Sale $219,900 -- $135 / 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
2024 $2,229 $105,300 $0 $0
2023 $2,151 $94,000 $0 $0
2022 $2,513 $93,300 $0 $0
2021 $2,438 $80,000 $0 $0
2020 $2,396 $78,800 $0 $0
2019 $2,396 $72,100 $0 $0
2018 $1,598 $49,800 $0 $0
2017 $1,131 $49,100 $0 $0
2016 $2,111 $51,700 $0 $0
2015 $3,973 $51,300 $0 $0
2013 $5,160 $56,400 $0 $0
2012 $1,606 $54,300 $4,800 $49,500
Source: Public Records

Agents Affiliated with this Home

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Source: Realcomp

MLS Number: 20240042260

Realcomp

APN: 80-143-01-0029-000