NOT LISTED FOR SALE

16503 Five Points St Redford, MI 48240

Estimated Value: $147,000 - $175,000

3 Beds
1 Bath
1,357 Sq Ft
$120/Sq Ft Est. Value

Last Sold August 05, 2019

Last sale price $40,000 $29 Per Sq Ft

Est. 309% increase in value since last sale

Current estimated payment $1,024/month

2 Days on Market

Highlights

  • No HOA
  • Bungalow
  • Forced Air Heating System
  • 1 Car Detached Garage
  • 1-Story Property

About This Home

As of August 2019

This is a Bungalow home. Nice house, priced to sell. Check comps property is listed below market value. Purchaser to pay for all back taxes. Purchaser to pay day of closing.
Property sold as is. All data and measurements approximate.
Owner is licensed agent.

Last Agent to Sell the Property

Yolanda Thomas

Smart Realty & Investments Inc License #6501370487 Listed on: 08/01/2019

Last Buyer's Agent

Yolanda Thomas

Smart Realty & Investments Inc License #6501370487 Listed on: 08/01/2019

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1941

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 64.40x110.00

Parking

  • 1 Car Detached Garage

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • 1,357 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

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

Community Details

  • No Home Owners Association
  • Six Mile Heights Sub Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 79014010100000

Home Details

Home Type

Single Family

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 Story
  • Assessment: 550
  • Warranty: Yes
  • Year Built: 1941
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 6
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Sq Ft Combined: 1357
  • Total Sq Ft: 1357

Exterior Features

  • Foundation Details: Crawl
  • Construction Materials: Brick
  • Foundation Materials: Brick/Mortar
  • Frontage Feet: 64
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 1 Car
  • Garage Features: Detached
  • Garage: Yes

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Redford Union

Lot Info

  • List Price per Acre: 262500.0000
  • Lot Size Area: 0.16
  • Lot Dimensions: 64.40X110.00
  • Parcel Number: 79014010100000

Tax Info

  • Tax Amount Summer: 1322.0000
  • Tax Amount Winter: 1623.0000
  • Total Tax: 2945.0000

MLS Schools

  • School District: Redford Union

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 13, 2023
Sold by
Green Christina L
Bought by
Mercado Jaime
Current Estimated Value
$163,496

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,013
Outstanding Balance
$125,267
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$38,229

Purchase Details

Listed on
Aug 1, 2019
Closed on
Aug 9, 2019
Sold by
Thomas Ylolnda
Bought by
Green Christina L
Seller's Agent
Yolanda Thomas
Smart Realty & Investments Inc
Buyer's Agent
Yolanda Thomas
Smart Realty & Investments Inc
List Price
$42,000
Sold Price
$40,000
Premium/Discount to List
-$2,000
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.40%

Purchase Details

Listed on
Aug 1, 2019
Closed on
Aug 8, 2019
Sold by
Huling Keisha
Bought by
Thomas Yolanda
Seller's Agent
Yolanda Thomas
Smart Realty & Investments Inc
Buyer's Agent
Yolanda Thomas
Smart Realty & Investments Inc
List Price
$42,000
Sold Price
$40,000
Premium/Discount to List
-$2,000
-4.76%

Purchase Details

Closed on
Jan 21, 2014
Sold by
Cash Deal America
Bought by
Eagle Team Ventures Llc

Purchase Details

Closed on
Mar 21, 2012
Sold by
Federal National Mortgage Association
Bought by
Harbour Portfolio Vii Lp

Purchase Details

Closed on
Apr 27, 2011
Sold by
Whittaker Mary Jo
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 3, 2004
Sold by
Whittaker Mary Jo and Cole Mary Jo
Bought by
Whittaker Mary Jo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,700
Interest Rate
5.63%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 12, 1994
Sold by
Michael W Dewitt
Bought by
Michael Dewitt

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,900
Interest Rate
8.72%
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
Mercado Jaime $135,013 None Listed On Document
Green Christina L $41,500 Red Carpet Title Agency Llc
Thomas Yolanda -- Red Carpet Title Agency Llc
Thomas Yolanda $20,000 Red Carpet Titleagency Llc
Eagle Team Ventures Llc $27,000 Excel Title Agency Llc
Cash Deal American -- Excel Title Agency Llc
Harbour Portfolio Vii Lp $11,032 Servicelink
Federal National Mortgage Association $90,607 None Available
Whittaker Mary Jo -- Consolidated Title Services
Michael Dewitt $56,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mercado Jaime $128,013
Previous Owner Whittaker Mary Jo $88,700
Previous Owner Michael Dewitt $55,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/05/2019 08/05/19 Sold $40,000 -4.8% $29 / Sq Ft
08/03/2019 08/03/19 Pending -- -- --
08/01/2019 08/01/19 For Sale $42,000 -- $31 / 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 $1,917 $82,300 $0 $0
2024 $1,917 $73,700 $0 $0
2023 $1,068 $64,200 $0 $0
2022 $2,591 $47,900 $0 $0
2021 $2,519 $44,800 $0 $0
2020 $2,484 $37,300 $0 $0
2019 $2,571 $32,800 $0 $0
2018 $1,322 $29,300 $0 $0
2017 $5,558 $31,600 $0 $0
2016 $2,901 $25,600 $0 $0
2015 $2,590 $25,900 $0 $0
2013 $2,330 $24,200 $0 $0
2012 $1,641 $27,600 $7,700 $19,900
Source: Public Records

Agents Affiliated with this Home

  • Y

    Seller's Agent in 2019

    Yolanda Thomas

    Smart Realty & Investments Inc

See All Agents

Map

Source: Realcomp

MLS Number: 219077953

Realcomp

APN: 79-014-01-0100-000

Michigan Wayne County Redford Township 48219

16503 Five Points St, Redford Township, MI

This home is located at 16503 Five Points St, Redford, MI 48240 since 01 August 2019 and is currently estimated at $163,496, approximately $120 per square foot. This property was built in 1941. 16503 Five Points St is a home located in Wayne County with nearby schools including Beech Elementary School, Hilbert Middle School, and Redford Union High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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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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