NOT LISTED FOR SALE

16323 Drake St Southgate, MI 48195

Estimated Value: $249,003 - $255,000

4 Beds
2 Baths
1,555 Sq Ft
$162/Sq Ft Est. Value

Last Sold June 12, 2015

Last sale price $110,802 $71 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $1,623/month

12 Days on Market

Highlights

  • No HOA
  • Patio
  • Forced Air Heating and Cooling System
  • 2 Car Detached Garage
  • Bungalow
  • 3-minute walk to Rotary Park

About This Home

As of June 2015

HUD HOME SOLD AS IS. FHA#264-041170 INSURABILITY CODE IE SUBJECT TO AN APPRAISAL. LEAD BASED PAINT NOTICES. COMM TO SELLING BRKR IS 3%. ACCESS W/HUD KEY. SHOW ANYTIME. NEW HOMES EACH DAY. BUYERS AGENT TO VERIFY ALL INFORMATION. PLEASE SCHEDULE SHOWINGS THRU REALCOMPONLINE.COM CLEAN 4 BEDROOM 2 FULL BATH HOME OFFERING HARDWOOD FLOORS, BASEMENT AND 2 CAR DETACHED GARAGE.

Last Agent to Sell the Property

Lorie Polgar

Island Realty - KW Advantage License #6501307553 Listed on: 05/01/2015

Last Buyer's Agent

James Garrett

RE/MAX Innovation License #6501254810

RE/MAX Innovation

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1955

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 52x112

Parking

  • 2 Car Detached Garage

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Poured Concrete
  • Vinyl Construction Material

Interior Spaces

  • 1,555 Sq Ft Home
  • 1.5-Story Property
  • Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Patio

Utilities

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

Community Details

  • No Home Owners Association
  • Penn Mccann Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 53027020073000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,484

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 9
  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Sq Ft Combined: 1555
  • Total Sq Ft: 1555
  • Sq Ft Total Bsmt: 1026

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick, Vinyl
  • Foundation Materials: Poured
  • Frontage Feet: 52
  • Porch Type: Patio
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: 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)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Southgate

Lot Info

  • Homestead: Yes
  • List Price per Acre: 923076.9231
  • Lot Size Area: 0.13
  • Lot Dimensions: 52x112
  • Parcel Number: 53027020073000

Tax Info

  • Tax Amount Summer: 1937.0000
  • Tax Amount Winter: 547.0000
  • Total Tax: 2484.0000

MLS Schools

  • School District: Southgate

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2015
Closed on
Jun 11, 2015
Sold by
Secretary Of Housing & Urban Development
Bought by
Dayne Christopher and Dayne Leslie William
Seller's Agent
Lorie Polgar
Island Realty - KW Advantage
Buyer's Agent
James Garrett
RE/MAX Innovation
List Price
$120,000
Sold Price
$110,802
Premium/Discount to List
-$9,198
-7.66%
Current Estimated Value
$252,001

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,199
Avg. Annual Appreciation
8.33%

Purchase Details

Closed on
Aug 27, 2014
Sold by
Nationstar Mortgage Llc
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Jul 17, 2014
Sold by
Williams Brian E and Williams Lakelie A
Bought by
Nationstar Mortgage Llc

Purchase Details

Closed on
Nov 21, 2008
Sold by
Molloy James F and Molloy Ann M
Bought by
Williams Brian E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,190
Interest Rate
6.04%
Mortgage Type
FHA
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 Buyer Sale Price Title Company
Dayne Christopher $110,802 None Available
Secretary Of Housing & Urban Development -- None Available
Nationstar Mortgage Llc $92,250 None Available
Williams Brian E $150,000 Michigan Title Insurance Age
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Williams Brian E $151,427
Previous Owner Williams Brian $149,190
Previous Owner Molloy James F $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2015 06/12/15 Sold $110,802 -7.7% $71 / Sq Ft
05/13/2015 05/13/15 Pending -- -- --
05/01/2015 05/01/15 For Sale $120,000 -- $77 / 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 $3,135 $119,100 $0 $0
2024 $3,135 $109,500 $0 $0
2023 $2,992 $100,500 $0 $0
2022 $3,467 $91,300 $0 $0
2021 $3,374 $83,000 $0 $0
2020 $3,317 $75,200 $0 $0
2019 $3,275 $70,000 $0 $0
2018 $2,491 $64,800 $0 $0
2017 $1,487 $61,000 $0 $0
2016 $3,027 $53,700 $0 $0
2015 $4,604 $50,200 $0 $0
2013 $4,460 $46,700 $0 $0
2012 $1,907 $43,400 $7,900 $35,500
Source: Public Records

Agents Affiliated with this Home

  • Lorie Polgar

    Seller's Agent in 2015

    Lorie Polgar

    Island Realty - KW Advantage

    (734) 934-1601

    41 Total Sales

    Lorie Polgar
    Section Image

  • J

    Buyer's Agent in 2015

    James Garrett

    RE/MAX of Southeast Michigan

    Section Image
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Map

Source: Realcomp

MLS Number: 215041152

Realcomp

APN: 53-027-02-0073-000

Michigan Wayne County Southgate 48195

16323 Drake St, Southgate, MI

This home is located at 16323 Drake St, Southgate, MI 48195 since 01 May 2015 and is currently estimated at $252,001, approximately $162 per square foot. This property was built in 1955. 16323 Drake St is a home located in Wayne County with nearby schools including Allen Elementary School, Davidson Middle School, and Southgate Anderson High School.

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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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