NOT LISTED FOR SALE

16523 Walter St Southgate, MI 48195

Estimated Value: $266,365 - $333,000

3 Beds
1 Bath
1,581 Sq Ft
$181/Sq Ft Est. Value

Last Sold January 30, 2015

Last sale price $86,500 $55 Per Sq Ft

Est. 231% increase in value since last sale

Current estimated payment $1,935/month

72 Days on Market

Highlights

  • Colonial Architecture
  • 2 Car Attached Garage
  • Forced Air Heating System
  • Porch

About This Home

As of January 2015

HUD Home. This one is sweet! Brick under vinyl siding. Nice deck outside of family room. Family room with natural fireplace and door wall leading to a nice deck. Dining area has a nice bow window that overlooks park like setting backyard. Hardwood floors throughout main floor. Master bedroom with his & hers closets. Property is NOT located in a FEMA Special Flood Hazard Area but is listed as a moderate to low flood risk. IE - FHA 203B with Repair Escrow financing availability is subject to buyer's appraisal. LBP. Price reduced.

Last Agent to Sell the Property

Celia Chesno

RE/MAX PROPERTIES, TRENTON License #MCAR-6502321499 Listed on: 09/30/2014

Co-Listed By

Ray Lemons

RE/MAX PROPERTIES, TRENTON License #MCAR-6502101987

Last Buyer's Agent

. Non Mls Member

NON MLS Member License #MISPE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,037

Year Built

  • Built in 1970

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 75 x 112

Parking

  • 2 Car Attached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Vinyl Trim

Interior Spaces

  • 1,581 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Additional Features

  • Porch
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 53-024-02-0097-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,037

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Originating MLS: Monroe County Association
  • Class: RESIDENTIAL CONDO
  • Type Of Property: Residential
  • Architecture Style: Colonial
  • Structure Style: 2 Story
  • Year Built: 1970
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: Yes
  • Fireplaces: FamRoom Fireplace
  • Basement: Yes
  • Basement: Poured
  • Bedrooms: 3
  • Bedroom 1: On Upper Floor, Dimensions: 12 x 10
  • Bedroom 2: On Upper Floor, Dimensions: 15 x 10
  • Bedroom 3: On Upper Floor, Dimensions: 13 x 12
  • Bathrooms Description: First Flr Lavatory, Second Flr Lavatory
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Breakfast Nook: On Entry Level, Dimensions: 10 x 8
  • Dining Room: On Entry Level, Dimensions: 11 x 10
  • Family Room: On Entry Level, Dimensions: 19 x 12
  • Kitchen: On Entry Level, Dimensions: 10 x 9
  • Kitchen Features: Formal Dining Room
  • Living Room: On Entry Level, Dimensions: 15 x 11
  • Half Bathrooms: 1
  • Above Grade Finished Sq Ft: 1581
  • Total Finished Sq Ft: 1581

Exterior Features

  • Exterior: Brick, Vinyl Trim
  • Exterior Features: Porch
  • Foundation: Basement

Garage/Parking

  • Garage: Attached Garage
  • Garage Spaces: 2
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Sewer: Public Sanitary
  • Water: Public Water

Lot Info

  • Assessor Parcel Number: 53-024-02-0097-000
  • Lot Dimensions: 75 x 112
  • Acreage: 0.19
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2013, Amount: $4,749.00
  • Winter Tax: Year: 2013, Amount: $617.00

MLS Schools

  • School District: Southgate Community School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2014
Closed on
Jan 27, 2015
Sold by
Benson Sheila
Bought by
Benson Gregory and Benson Sheila
Seller's Agent
Celia Chesno
RE/MAX PROPERTIES, TRENTON
Buyer's Agent
. Non Mls Member
NON MLS Member
List Price
$130,000
Sold Price
$86,500
Premium/Discount to List
-$43,500
-33.46%
Current Estimated Value
$286,591

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$200,091
Avg. Annual Appreciation
11.82%

Purchase Details

Closed on
Jul 18, 2013
Sold by
Fifth Third Mortgage Company
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Jan 10, 2013
Sold by
Gilbert Joshua M
Bought by
Fifth Third Mortgage Company

Purchase Details

Closed on
Mar 29, 2010
Sold by
Dittmer Roger A and Dittmer Patricia J
Bought by
Gilbert Joshua M
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
Benson Gregory -- None Available
Benson Sheila $86,500 Title Partners Llc
The Secretary Of Housing & Urban Develop -- None Available
Fifth Third Mortgage Company $133,029 None Available
Gilbert Joshua M $129,900 Multiple
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/30/2015 01/30/15 Sold $86,500 -33.5% $55 / Sq Ft
12/11/2014 12/11/14 Pending -- -- --
09/30/2014 09/30/14 For Sale $130,000 -- $82 / Sq Ft
Source: Michigan Multiple Listing Service

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 $5,037 $126,900 $0 $0
2024 $5,037 $120,700 $0 $0
2023 $4,815 $111,300 $0 $0
2022 $5,319 $100,900 $0 $0
2021 $5,166 $89,800 $0 $0
2020 $5,079 $83,600 $0 $0
2019 $5,006 $80,700 $0 $0
2018 $4,045 $77,600 $0 $0
2017 $1,770 $73,800 $0 $0
2016 $4,650 $63,900 $0 $0
2015 $5,253 $54,300 $0 $0
2013 $5,200 $53,200 $0 $0
2012 $2,370 $51,100 $7,200 $43,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31214999

Michigan Multiple Listing Service

APN: 53-024-02-0097-000