NOT LISTED FOR SALE

16562 Drake St Southgate, MI 48195

Estimated Value: $178,000 - $227,000

3 Beds
2 Baths
964 Sq Ft
$218/Sq Ft Est. Value

Last Sold February 23, 2017

Last sale price $116,000 $120 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $1,340/month

4 Days on Market

Highlights

  • Ranch Style House
  • 2 Car Detached Garage
  • Wet Bar
  • No HOA
  • Porch
  • 2-minute walk to Rotary Park

About This Home

As of February 2017

*** Beautiful Updated Home*** Pride of Home Ownership*** Move in Ready*** New Roof in 2014, Newer Hot Tank, Newer TRANE Furnace and A/C with Warranty 2008, ALL New Appliances 2016. Freshly Painted!!! NEW Doors Through out!!! Finished basement with a wet bar. Landscaped with beautiful Flowers coming up in Spring. Home is close to schools and park! Peaceful Neighborhood! Property should pass all FHA and VA inspections!!!

Last Agent to Sell the Property

Jacqueline Barton

Oak and Stone Real Estate License #6501310718 Listed on: 01/21/2017

Last Buyer's Agent

Stacey Pardikes

Exp Realty License #RCO-6501390571

Exp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1958

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 50.00x110.00
  • Fenced

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 964 Sq Ft Home
  • Wet Bar
  • Finished Basement

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • ENERGY STAR Qualified Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Westbury Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 53027030099000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,152

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Assessment: 80.28
  • Year Built: 1958
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail, Wet Bar
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Finished
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Range/Stove, Washer
  • Total Sq Ft: 964

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Aluminum, Brick
  • Exterior Features: Fenced
  • Foundation Materials: Poured
  • Porch Type: Porch
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Detached, Door Opener, Electricity
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air, Hot Water
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: ENERGY STAR® Qualified Water Heater
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Homestead: Yes
  • List Price per Acre: 922307.6923
  • Lot Size Area: 0.13
  • Lot Dimensions: 50.00X110.00
  • Parcel Number: 53027030099000

Tax Info

  • Tax Amount Summer: 1734.0000
  • Tax Amount Winter: 418.0000
  • Total Tax: 2152.0000

MLS Schools

  • School District: Southgate

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2017
Closed on
Feb 23, 2017
Sold by
Holmes Judy L
Bought by
Buchanan Michael L
Seller's Agent
Jacqueline Barton
Oak and Stone Real Estate
Buyer's Agent
Stacey Pardikes
Exp Realty
List Price
$119,900
Sold Price
$116,000
Premium/Discount to List
-$3,900
-3.25%
Current Estimated Value
$210,604

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,604
Avg. Annual Appreciation
7.11%

Purchase Details

Listed on
Jul 29, 2015
Closed on
Dec 22, 2015
Sold by
Williamson Florence A and Williamson Christopher
Bought by
Holmes Judy L
Seller's Agent
Barbara Biskner
Synergy Realty Group
Buyer's Agent
David Reid
Premiere Realty Group, LLC
List Price
$105,000
Sold Price
$105,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.44%

Purchase Details

Listed on
Jul 29, 2015
Closed on
Dec 2, 2015
Sold by
The Florence A Williamson Revocable Livi
Bought by
Holmes Judy L
Seller's Agent
Barbara Biskner
Synergy Realty Group
Buyer's Agent
David Reid
Premiere Realty Group, LLC
List Price
$105,000
Sold Price
$105,000

Purchase Details

Closed on
Aug 26, 2015
Sold by
Revocabl Williamson Christopher
Bought by
Williamson Florence A

Purchase Details

Closed on
Dec 16, 2008
Sold by
Williamson Florence A
Bought by
Florence A Williamson Revocable Living T
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
Buchanan Michael L $116,000 Michigan Title Ins Agency In
Holmes Judy L -- Attorney
Holmes Judy L $105,000 Michigan Title Ins Agency In
Williamson Florence A -- Attorney
Florence A Williamson Revocable Living T -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/23/2017 02/23/17 Sold $116,000 -3.3% $120 / Sq Ft
01/25/2017 01/25/17 Pending -- -- --
01/21/2017 01/21/17 For Sale $119,900 +14.2% $124 / Sq Ft
12/02/2015 12/02/15 Sold $105,000 0.0% $60 / Sq Ft View Prior Sale
08/04/2015 08/04/15 Pending -- -- --
07/29/2015 07/29/15 For Sale $105,000 -- $60 / 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 $2,839 $88,000 $0 $0
2024 $2,839 $80,500 $0 $0
2023 $2,709 $74,200 $0 $0
2022 $3,138 $67,300 $0 $0
2021 $3,054 $61,300 $0 $0
2020 $3,002 $55,600 $0 $0
2019 $2,965 $52,000 $0 $0
2018 $2,257 $49,200 $0 $0
2017 $1,116 $46,500 $0 $0
2016 $2,292 $40,300 $0 $0
2015 $3,520 $37,800 $0 $0
2013 $3,410 $34,900 $0 $0
2012 $1,479 $33,300 $7,500 $25,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 217005257

Realcomp

APN: 53-027-03-0099-000