NOT LISTED FOR SALE

16520 Five Points St Redford, MI 48240

Estimated Value: $73,000 - $105,000

3 Beds
1.5 Baths
1,000 Sq Ft
$93/Sq Ft Est. Value

Last Sold September 25, 2018

Last sale price $37,000 $37 Per Sq Ft

Est. 152% increase in value since last sale

Current estimated payment $566/month

13 Days on Market

Highlights

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

About This Home

As of September 2018

This home is located at 16520 Five Points St, Redford, MI 48240 since 26 July 2018 and is currently estimated at $93,334, approximately $93 per square foot. This property was built in 1949. 16520 Five Points St is a home located in Wayne County with nearby schools including Ralph W. Emerson Elementary-Middle School, Charles L. Spain Elementary-Middle School, and Edward 'Duke' Ellington Conservatory of Music and Art.

Last Agent to Sell the Property

Michelle Martin

Bowers Realty & Investments, Inc License #6501395986 Listed on: 07/26/2018

Last Buyer's Agent

Michelle Martin

Bowers Realty & Investments, Inc License #6501395986 Listed on: 07/26/2018

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1949

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 50.00x174.90

Parking

  • 1 Car Detached Garage

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 1,000 Sq Ft Home
  • 1.5-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating System
  • Back Up Electric Heat Pump System
  • Electric Water Heater
  • Sewer in Street

Community Details

  • No Home Owners Association
  • Hitchmans Little Farms Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number W22I124547S003L

Home Details

Home Type

Single Family

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Warranty: Yes
  • Year Built: 1949
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 8
  • Total Bedrooms: 3
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Sq Ft Combined: 1000
  • Total Sq Ft: 1000

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Crawl
  • Construction Materials: Brick
  • Frontage Feet: 45
  • Porch Type: Porch
  • Road Frontage Type: Pub. Sidewalk

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Detroit

Lot Info

  • Homestead: Yes
  • List Price per Acre: 200000.0000
  • Lot Size Area: 0.20
  • Lot Dimensions: 50.00X174.90
  • Parcel Number: W22I124547S003L

Tax Info

  • Tax Amount Summer: 898.0300
  • Tax Amount Winter: 127.7000
  • Total Tax: 1025.7300

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2018
Closed on
Sep 24, 2018
Sold by
Hamilton Terrell
Bought by
Martin Damon
Seller's Agent
Michelle Martin
Bowers Realty & Investments, Inc
Buyer's Agent
Michelle Martin
Bowers Realty & Investments, Inc
List Price
$40,000
Sold Price
$37,000
Premium/Discount to List
-$3,000
-7.5%
Current Estimated Value
$93,334

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,334
Avg. Annual Appreciation
13.96%
Original Mortgage
$36,329
Outstanding Balance
$22,124
Interest Rate
4.12%
Mortgage Type
FHA
Estimated Equity
$71,210

Purchase Details

Closed on
Feb 25, 2013
Sold by
Shepard Deandre
Bought by
Hamilton Terrell

Purchase Details

Closed on
Jan 25, 2013
Sold by
D Investments Llc
Bought by
Hamilton Terrell Deandre

Purchase Details

Closed on
Nov 19, 2012
Sold by
Wayne County Treasurer
Bought by
D Investments Llc
Source: Public Records

Range of Values:

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Average Value
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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
Martin Damon $37,000 Etitle Agency Inc
Hamilton Terrell -- Great Lakes Title Michigan
Hamilton Terrell Deandre -- None Available
D Investments Llc $5,655 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin Damon $36,329
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/25/2018 09/25/18 Sold $37,000 -7.5% $37 / Sq Ft
08/08/2018 08/08/18 Pending -- -- --
07/26/2018 07/26/18 For Sale $40,000 -- $40 / 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 $911 $31,500 $0 $0
2024 $911 $26,500 $0 $0
2023 $883 $20,700 $0 $0
2022 $959 $17,000 $0 $0
2021 $937 $14,200 $0 $0
2020 $928 $12,300 $0 $0
2019 $915 $9,600 $0 $0
2018 $744 $9,000 $0 $0
2017 $159 $8,400 $0 $0
2016 $1,026 $13,100 $0 $0
2015 $1,310 $13,100 $0 $0
2013 $1,847 $18,468 $0 $0
2010 -- $26,461 $1,349 $25,112
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2018

    Michelle Martin

    Bowers Realty & Investments, Inc

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Map

Source: Realcomp

MLS Number: 218071048

Realcomp

APN: 22-12-454-70-03L

Michigan Wayne County Redford Township 48219

16520 Five Points St, Redford Township, MI

This home is located at 16520 Five Points St, Redford, MI 48240 since 26 July 2018 and is currently estimated at $93,334, approximately $93 per square foot. This property was built in 1949. 16520 Five Points St is a home located in Wayne County with nearby schools including Ralph W. Emerson Elementary-Middle School, Charles L. Spain Elementary-Middle School, and Edward 'Duke' Ellington Conservatory of Music and Art.

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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