NOT LISTED FOR SALE

16500 Salem St Detroit, MI 48219

Estimated Value: $85,000 - $105,000

3 Beds
1.5 Baths
968 Sq Ft
$96/Sq Ft Est. Value

Last Sold August 23, 2021

Last sale price $78,500 $81 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $616/month

2 Days on Market

Highlights

  • No HOA
  • 2.5 Car Garage
  • Bungalow
  • Cass Technical High School Rated 10
  • Porch
  • Forced Air Heating System

About This Home

As of August 2021

MULTIPLE OFFERS: For an offer to be considered it must be submitted by Wednesday at 8 pm and not expire before Thursday at 12 pm. Newly refinished hardwood floors, new carpet and fresh paint throughout! This 3 bed 1 and a half bath bungalow has plenty of storage and a 2.5 car garage. The double lot provides plenty of space for entertaining. Seller to offer appliance credit with qualifying offer.

Last Agent to Sell the Property

Dave MacFarland

Keller Williams Advantage License #6501387057 Listed on: 06/28/2021

Keller Williams Advantage

Last Buyer's Agent

Ronald Coleman

Fathom Realty MI LLC License #RCO-6506047721

Fathom Realty MI LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1951 | Remodeled in 2021

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 49.00x179.00x49.00x179.00

Parking

  • 2.5 Car Garage

Home Design

  • Bungalow
  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 968 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Disposal
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Porch
  • Ground Level

Community Details

  • No Home Owners Association
  • Hitchmans Little Farms Subdivision

Listing and Financial Details

  • Assessor Parcel Number W22I124260S001
  • $2,500 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$914

Year Built

Built in 1951 | Remodeled in 2021

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Year Built: 1951
  • State Equalized Value: 13500.0000
  • Year Renovated: 2021
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 10
  • Total Bedrooms: 3
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Disposal
  • Sq Ft Combined: 968
  • Total Sq Ft: 968
  • Sq Ft Total Bsmt: 700

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Foundation Materials: Block
  • Frontage Feet: 49
  • Porch Type: Porch
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2.5 Car
  • Garage Features: Direct Access, Electricity, Detached
  • Garage: Yes

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Detroit

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.20
  • Lot Dimensions: 49.00X179.00X49.00X179.00
  • Parcel Number: W22I124260S001

Tax Info

  • Tax Amount Summer: 823.0000
  • Tax Amount Winter: 91.0000
  • Total Tax: 914.0000
  • Taxable Value: 9587.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2021
Closed on
Aug 17, 2021
Sold by
Macfarland Rehabilitation Inc
Bought by
Hicks Vernita
Seller's Agent
Dave MacFarland
Keller Williams Advantage
Buyer's Agent
Ronald Coleman
Fathom Realty MI LLC
List Price
$65,000
Sold Price
$78,500
Premium/Discount to List
$13,500
20.77%
Current Estimated Value
$90,812

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,312
Avg. Annual Appreciation
4.35%
Original Mortgage
$74,437
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 19, 2020
Sold by
Fry Norma
Bought by
Rlt William Macfarland Iii

Purchase Details

Closed on
Nov 17, 2020
Sold by
Fry Michael G
Bought by
Rlt William Macfarland Iii

Purchase Details

Closed on
Aug 15, 2019
Sold by
Macfarland William and Macfarland Grace
Bought by
Rlt William Macfarland Iii

Purchase Details

Closed on
Jun 7, 2017
Sold by
Macfarland William A and Macfarland Grace
Bought by
Fry Michael G

Purchase Details

Closed on
Mar 13, 2009
Sold by
Mcfarland William and Macfarland Grace
Bought by
Goggans Tiffany

Purchase Details

Closed on
Sep 19, 2007
Sold by
Smith Barbara
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 18, 2004
Sold by
Monarch Investments Co
Bought by
Smith Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
6.1%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 3, 2003
Sold by
Dunckley George L
Bought by
Monarch Investment Co

Purchase Details

Closed on
Jan 2, 1996
Sold by
Bentley Florence R
Bought by
Dunckley George L
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Hicks Vernita $78,500 Stg
Macfarland Restoration Inc -- None Available
Rlt William Macfarland Iii -- Embassy Title Agency
William Macfarland Iii Revocable Living Trust -- None Listed On Document
Rlt William Macfarland Iii -- None Available
William Macfarland Iii Revocable Living Trust -- None Listed On Document
Rlt William Macfarland Iii -- None Available
Fry Michael -- Stewart Title Guaranty
Fry Michael G -- None Available
Goggans Tiffany -- None Available
Federal National Mortgage Association $103,743 None Available
Smith Barbara $95,000 Great Lakes Title Of Mi
Monarch Investment Co $40,000 Greco
Dunckley George L -- Philip F Greco Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hicks Vernita $74,437
Previous Owner Smith Barbara $95,000
Closed Fry Michael G $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2021 08/23/21 Sold $78,500 +20.8% $81 / Sq Ft
07/01/2021 07/01/21 Pending -- -- --
06/28/2021 06/28/21 For Sale $65,000 -- $67 / 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 $1,457 $34,200 $0 $0
2024 $1,457 $28,800 $0 $0
2023 $1,414 $22,500 $0 $0
2022 $1,553 $18,700 $0 $0
2021 $923 $15,600 $0 $0
2020 $914 $13,500 $0 $0
2019 $902 $10,600 $0 $0
2018 $780 $9,600 $0 $0
2017 $171 $9,000 $0 $0
2016 $1,330 $18,100 $0 $0
2015 $1,810 $18,100 $0 $0
2013 $2,546 $25,463 $0 $0
2010 -- $36,484 $1,194 $35,290
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 2210049834

Realcomp

APN: 22-124260-001