$35,000
SOLD MAR 7, 2025

16555 E 8 Mile Rd Eastpointe, MI 48021

3 Beds
1 Bath
1,296 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$27 Per Sq Ft

12% Below List Price

Highlights

  • No HOA
  • 2 Car Detached Garage
  • Bungalow

About This Home

As of March 2025

Probate Estate Sale: 3 bedroom 1/2 story brick bungalow with 1,296 sq feet, full basement and 2 car detached garage on a corner lot. It has great potential but does need work and repairs.
House and property being purchased - ABSOLUTE - AS - IS -CONDITION. Buyer is responsible any and all repairs and inspection requirements with City of East Pointe Building Department.
Sale subject to Macomb County Probate Court Approval. Conveyance is by Covenant Deed. Minimum EMD Deposit is $20,000.00 with all offers. Cash Sale only. Financing is not an option.

Last Agent to Sell the Property

Lawrence Campbell

Century 21 Campbell Realty License #6501105710

Century 21 Campbell Realty

Last Buyer's Agent

Steven Murphy

Century 21 Campbell Realty License #6501335998

Century 21 Campbell Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 60.00 x 120.00

Parking

  • 2 Car Detached Garage

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 1,296 Sq Ft Home
  • 1.5-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Location

  • Ground Level

Utilities

  • Gravity Heating System
  • Heating System Uses Oil

Community Details

  • No Home Owners Association
  • Ridgemont Homes Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1431459021

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Assessment: 41.00
  • Year Built: 1950
  • State Equalized Value: 59400.0000
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 6
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 1296
  • Total Sq Ft: 1296
  • Sq Ft Total Bsmt: 843

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block
  • Frontage Feet: 60
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Detached
  • Garage: Yes

Utilities

  • Heating Fuel: Oil
  • Heating: Gravity
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Eastpointe Community Schools

Lot Info

  • Lot Size Area: 0.17
  • Lot Dimensions: 60.00 x 120.00
  • Parcel Number: 1431459021

Tax Info

  • Tax Amount Summer: 1698.0000
  • Tax Amount Winter: 112.0000
  • Total Tax: 1810.0000
  • Taxable Value: 28661.0000

MLS Schools

  • School District: Eastpointe Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2025
Closed on
Mar 7, 2025
Sold by
Deponio George Frances
Bought by
Hometowne Properties Llc
Seller's Agent
Lawrence Campbell
Century 21 Campbell Realty
Buyer's Agent
Steven Murphy
Century 21 Campbell Realty
List Price
$40,000
Sold Price
$35,000
Premium/Discount to List
-$5,000
-12.5%
Total Days on Market
0
Views
22

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
317866.01%

Purchase Details

Closed on
Apr 21, 2005
Sold by
Deponio George
Bought by
Deponio George and Deponio Gerard J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
6.05%
Mortgage Type
Credit Line Revolving

Map

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 Type Sale Price Title Company
Deed $35,000 Ata National Title
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $25,000 Credit Line Revolving
Previous Owner $25,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2025 03/07/25 Sold $35,000 -12.5% $27 / Sq Ft
01/04/2025 01/04/25 Pending -- -- --
01/04/2025 01/04/25 For Sale $40,000 -- $31 / Sq Ft
Source: Realcomp

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 $1,698 $59,400 $0 $0
2023 $1,644 $49,000 $0 $0
2022 $1,709 $41,900 $0 $0
2021 $1,684 $37,200 $0 $0
2020 $1,608 $34,500 $0 $0
2019 $2,121 $31,600 $0 $0
2018 $2,132 $27,550 $0 $0
2017 $1,594 $26,420 $3,910 $22,510
2016 $1,516 $26,420 $0 $0
2015 $1,103 $23,810 $0 $0
2013 $1,276 $22,800 $0 $0
Source: Public Records

Source: Realcomp

MLS Number: 20240092342

Realcomp

APN: 02-14-31-459-021