NOT LISTED FOR SALE

16366 Melrose St Southfield, MI 48075

Estimated Value: $297,000 - $364,000

3 Beds
4 Baths
2,354 Sq Ft
$140/Sq Ft Est. Value

Last Sold December 31, 2013

Last sale price $125,000 $53 Per Sq Ft

Est. 165% increase in value since last sale

Current estimated payment $2,079/month

219 Days on Market

Highlights

  • Ranch Style House
  • Baseboard Heating
  • 2 Car Garage
  • No HOA

About This Home

As of December 2013

GREAT HOME IN GREAT COMMUNITY.FINISHED BASEMENT.ATTACHED GARAGE AND CARPORT.WET BAR IN BASEMENT. LOTS OF STORAGE IN HOME AND GARAGE. CEDAR CLOSET, LIBRARY INSULATED WINDOWS, ALARM SYSTEM WTH SMOKE DETECTORS INC. QUALIFIED BUYERS ONLY. FIREPLACE IN LIVING ROOM. EASY ACEESS TO ATTIC. A MUST SEE HOME .APPLIANCES ARE NEGOTIABLE. HOME HAS MANY AMENITIES.

Last Agent to Sell the Property

Dolores Spencer

Keller Williams Home License #6501281377 Listed on: 04/06/2013

Keller Williams Home

Last Buyer's Agent

Non Participant

Non Realcomp Office License #RCO

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1949

Lot Details

  • Lot Dimensions are 160 x130

Parking

  • 2 Car Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 2,354 Sq Ft Home
  • Living Room with Fireplace
  • Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Magnolia Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2436401004

Home Details

Home Type

Single Family

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Assessment: YES
  • Year Built: 1949
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Fireplace: Yes
  • Fireplace Locations: Living Room
  • Room Count: 12
  • Total Bedrooms: 3
  • Total Bathrooms: 2.20
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Type: Finished
  • Sq Ft Combined: 4354
  • Sq Ft Lower Floor: 2000
  • Total Sq Ft: 2354
  • Sq Ft Total Bsmt: 2000

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Frontage Feet: 160
  • Road Frontage Type: Paved
  • Sideof Street: W

Garage/Parking

  • Garage Size: 2 Car
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Wall Unit(s)
  • Heating: Baseboard
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Southfield Public Schools

Lot Info

  • Homestead: Yes
  • Lot Dimensions: 160 X130
  • Parcel Number: 2436401004

Tax Info

  • Tax Amount Summer: 3329.0000
  • Tax Amount Winter: 921.0000
  • Total Tax: 4250.0000

MLS Schools

  • School District: Southfield Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2013
Closed on
Dec 18, 2013
Sold by
Wade Gregory and Wade Willa
Bought by
Jackson Mark and Jackson Giselle A
Seller's Agent
Dolores Spencer
Keller Williams Home
Buyer's Agent
Non Participant
Non Realcomp Office
List Price
$159,000
Sold Price
$125,000
Premium/Discount to List
-$34,000
-21.38%
Current Estimated Value
$330,718

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$205,718
Avg. Annual Appreciation
8.58%
Original Mortgage
$118,750
Outstanding Balance
$90,027
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$240,691
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
Jackson Mark $125,000 Title Connect Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jackson Mark $118,750
Closed Jackson Mark $118,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/31/2013 12/31/13 Sold $125,000 -21.4% $53 / Sq Ft
11/11/2013 11/11/13 Pending -- -- --
04/06/2013 04/06/13 For Sale $159,000 -- $68 / 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 $4,247 $150,150 $34,480 $115,670
2021 $4,397 $134,080 $34,480 $99,600
2020 $3,825 $111,860 $24,640 $87,220
2018 $4,529 $92,620 $27,480 $65,140
2015 -- $69,580 $0 $0
2014 -- $64,470 $0 $0
2011 -- $76,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 213031771

Realcomp

APN: 24-36-401-004