NOT LISTED FOR SALE

16313 Melrose St Southfield, MI 48075

Estimated Value: $256,000 - $302,636

3 Beds
2.5 Baths
1,641 Sq Ft
$173/Sq Ft Est. Value

Last Sold October 19, 2016

Last sale price $155,000 $94 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $1,790/month

28 Days on Market

Highlights

  • Ranch Style House
  • Forced Air Heating System
  • 2 Car Garage
  • No HOA

About This Home

As of October 2016

Amazing opportunity to own this fully remodeled brick ranch at a fantastic price! Home has a brand new oversized kitchen with granite counter tops, upgraded cabinets and tile work, 2 new bathrooms, nice sized living room with fireplace overlooking the beautiful large backyard, partially finished basement with a 2nd fireplace, bar and half bath. New windows throughout the house, you will fall in love!
Owner is a licensed Broker in the state of Michigan.

Last Agent to Sell the Property

Jeanette Lucy

IQ Properties LLC License #6502409787 Listed on: 07/26/2016

Last Buyer's Agent

Joseph Zetouna

KW Metro License #RCO-6501349843

KW Metro

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1956

Lot Details

  • 0.45 Acre Lot
  • Lot Dimensions are 114x173

Parking

  • 2 Car Garage

Home Design

  • 1,641 Sq Ft Home
  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Sewer in Street

Additional Features

  • Basement

Community Details

  • No Home Owners Association
  • Magnolia Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2436402004

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,834

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1956
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 7
  • Total Bedrooms: 3
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Sq Ft Combined: 1641
  • Total Sq Ft: 1641
  • Sq Ft Total Bsmt: 1000

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block
  • Frontage Feet: 114
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Sewer at Street
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Southfield Public Schools

Lot Info

  • List Price per Acre: 355333.3333
  • Lot Size Area: 0.45
  • Lot Dimensions: 114X173
  • Parcel Number: 2436402004

Tax Info

  • Tax Amount Summer: 3122.0000
  • Tax Amount Winter: 712.0000
  • Total Tax: 3834.0000

MLS Schools

  • School District: Southfield Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2016
Closed on
Oct 19, 2016
Sold by
Gwh Properties Llc
Bought by
Dado Yuri
Seller's Agent
Jeanette Lucy
IQ Properties LLC
Buyer's Agent
Joseph Zetouna
KW Metro
List Price
$159,900
Sold Price
$155,000
Premium/Discount to List
-$4,900
-3.06%
Current Estimated Value
$284,659

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,659
Avg. Annual Appreciation
6.97%
Original Mortgage
$147,250
Outstanding Balance
$118,198
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$166,461

Purchase Details

Closed on
Aug 6, 2015
Sold by
Royalty Valet Llc
Bought by
Gwh Properties Llc

Purchase Details

Closed on
May 27, 2015
Sold by
Clemons Kenneth and Edward Beverly S Saint
Bought by
Appleby Real Estate Llc

Purchase Details

Closed on
Sep 16, 2014
Sold by
Appleby Ben C and Appleby Arlene E
Bought by
Appleby Real Estate Llc

Purchase Details

Closed on
May 31, 1995
Sold by
London Leslie
Bought by
Appleby Ben C and Appleby Arlene

Purchase Details

Closed on
Nov 29, 1994
Sold by
Shrf John S Humphrey Pr
Bought by
Public Lending Group
Source: Public Records

Range of Values:

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Average Value
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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
Dado Yuri $155,000 Fidelity National Title
Gwh Properties Llc $75,000 None Available
Royalty Valet Llc $64,000 None Available
Appleby Real Estate Llc -- Attorney
Appleby Real Estate Llc -- None Available
Appleby Ben C $98,606 --
Public Lending Group $47,115 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dado Yuri $147,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/19/2016 10/19/16 Sold $155,000 -3.1% $94 / Sq Ft
08/23/2016 08/23/16 Pending -- -- --
08/11/2016 08/11/16 For Sale $159,900 0.0% $97 / Sq Ft
07/29/2016 07/29/16 Pending -- -- --
07/26/2016 07/26/16 For Sale $159,900 -- $97 / 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
2022 $4,304 $117,950 $33,720 $84,230
2021 $4,549 $106,050 $33,780 $72,270
2020 $3,644 $86,890 $23,780 $63,110
2018 $4,257 $68,160 $22,580 $45,580
2015 -- $53,740 $0 $0
2014 -- $48,620 $0 $0
2011 -- $58,130 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 216074090

Realcomp

APN: 24-36-402-004