NOT LISTED FOR SALE

16488 Walter St Southgate, MI 48195

Estimated Value: $286,000 - $301,122

4 Beds
1.5 Baths
1,835 Sq Ft
$161/Sq Ft Est. Value

Last Sold September 30, 2022

Last sale price $265,000 $144 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,105/month

100 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • 2.5 Car Attached Garage
  • Ground Level Unit
  • Porch
  • Patio

About This Home

As of September 2022

Located in a great area of Southgate on a large pie shaped lot that backs up to Southgate High...Extremely large colonial with family room, living room, formal dinning and breakfast nook area...Upstairs bathroom has been updated.. Additional 4th bedroom on main floor or could be used as an office...All appliances included...Two car attached garage...Home just needs some cosmetics! Seller is working on city repairs.

Last Agent to Sell the Property

Erica Hussey

Real Estate 3000 Inc License #6501357877 Listed on: 05/13/2022

Last Buyer's Agent

Jarvis King

Signature Sotheby's International Realty Nvl License #RCO-6501398073

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1970

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 60.00x180.00

Parking

  • 2.5 Car Attached Garage

Home Design

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

Interior Spaces

  • 1,835 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Unfinished Basement

Kitchen

  • Free-Standing Gas Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Patio
  • Porch

Location

  • Ground Level Unit

Utilities

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

Community Details

  • No Home Owners Association
  • Penn State Sub No 2 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 53024020069000
  • $8,000 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,492

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Assessment: 1.74
  • Year Built: 1970
  • State Equalized Value: 89300.0000
  • Entry Location: Ground Level
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Fireplace: Yes
  • Fireplace Locations: Family Room
  • Room Count: 11
  • Total Bedrooms: 4
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Dishwasher, Free-Standing Gas Oven, Free-Standing Refrigerator
  • Sq Ft Combined: 1835
  • Total Sq Ft: 1835
  • Sq Ft Total Bsmt: 800

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick, Vinyl
  • Foundation Materials: Poured
  • Frontage Feet: 60
  • Porch Type: Patio, Porch
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2.5 Car
  • Garage Features: Attached
  • Garage: Yes

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Southgate

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.25
  • Lot Dimensions: 60.00X180.00
  • Parcel Number: 53024020069000

Tax Info

  • Tax Amount Summer: 2728.0000
  • Tax Amount Winter: 764.0000
  • Total Tax: 3492.0000
  • Taxable Value: 61089.0000

MLS Schools

  • School District: Southgate

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2022
Closed on
Oct 14, 2022
Sold by
Herndon Brian J and Banks-Herndon Cathy A
Bought by
Smith Latarsha and Smith Charles
Seller's Agent
Erica Hussey
Real Estate 3000 Inc
Buyer's Agent
Jarvis King
Signature Sotheby's International Realty Nvl
List Price
$270,000
Sold Price
$265,000
Premium/Discount to List
-$5,000
-1.85%
Total Days on Market
100
Views
10
Current Estimated Value
$295,531

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,531
Avg. Annual Appreciation
3.99%
Original Mortgage
$256,155
Outstanding Balance
$247,410
Interest Rate
5.66%
Mortgage Type
FHA
Estimated Equity
$47,684

Purchase Details

Closed on
Aug 31, 2006
Sold by
Belcher Thomas E
Bought by
Herndon Brian J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,900
Interest Rate
6.7%
Mortgage Type
Unknown
Source: Public Records

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Range of Values:

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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
Smith Latarsha $265,000 First American Title
Smith Latarsha $265,000 First American Title
Herndon Brian J -- Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Latarsha $256,155
Closed Smith Latarsha $256,155
Previous Owner Herndon Brian J $135,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2022 09/30/22 Sold $265,000 -1.9% $144 / Sq Ft
08/22/2022 08/22/22 Pending -- -- --
07/27/2022 07/27/22 Price Changed $270,000 0.0% $147 / Sq Ft
07/27/2022 07/27/22 For Sale $270,000 +1.9% $147 / Sq Ft
06/23/2022 06/23/22 Off Market $265,000 -- --
05/13/2022 05/13/22 For Sale $249,900 -- $136 / 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 $5,585 $125,000 $0 $0
2023 $5,346 $114,800 $0 $0
2022 $3,592 $100,800 $0 $0
2021 $3,492 $89,300 $0 $0
2020 $3,431 $82,900 $0 $0
2019 $3,386 $79,700 $0 $0
2018 $2,554 $78,100 $0 $0
2017 $1,577 $74,100 $0 $0
2016 $3,125 $68,000 $0 $0
2015 $5,588 $57,800 $0 $0
2013 $5,540 $56,700 $0 $0
2012 $2,295 $54,400 $7,300 $47,100
Source: Public Records

Agents Affiliated with this Home

  • Erica Hussey

    Seller's Agent in 2022

    Erica Hussey

    Real Estate 3000 Inc

    (734) 658-7039

    9 in this area

    84 Total Sales

    Erica Hussey
    Section Image
  • Jarvis King

    Buyer's Agent in 2022

    Jarvis King

    Signature Sotheby's International Realty Nvl

    (248) 378-1000

    1 in this area

    57 Total Sales

    Jarvis King
    Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 2220034630

Realcomp

APN: 53-024-02-0069-000

Michigan Wayne County Southgate 48195

16488 Walter St, Southgate, MI

This home is located at 16488 Walter St, Southgate, MI 48195 since 13 May 2022 and is currently estimated at $295,531, approximately $161 per square foot. This property was built in 1970. 16488 Walter 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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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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