NOT LISTED FOR SALE

17235 Eddon St Melvindale, MI 48122

Estimated Value: $185,575 - $226,000

4 Beds
2 Baths
1,868 Sq Ft
$109/Sq Ft Est. Value

Sale Details

Date Sold: February 24, 2020

Last sale price $110,000 $59 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $1,329 / mo

8 Days on Market

Highlights

  • 0.24 Acre Lot
  • Balcony
  • Forced Air Heating System
  • Colonial Architecture
  • Porch
  • Ceiling Fan

About This Home

As of February 2020

GREAT OPPORTUNITY FOR 2 UNIT INCOME PROPERTY OR LARGE FAMILY HOME W/ 2 KITCHENS-LIV RM-BATHS ~~~ Currently as a 2 Unit identical Upper/Lower Units each w/Kit, Liv, Din, 2 BD, 1 BA, Common Entry Halls, Common Shared Basement, Separate Gas & Elec Meters w/only 1 Water Meter, 2 furnaces/HWH. Each floor is approx 934 sqft. Upper Unit has rear egress for code. MARKET GROSS RENTS are approx $1,350/mo. Seller to provide certificate of occupancy at closing. Vacant Lot next door included in the price and listing details ID# 47006010370000 40x129 lot bringing the total lot size to 80 wide x 129 deep. Plenty enough room for extra parking and/or garage...maybe even a new home(with variance of course due to size. Buyer to verify). Could be converted back to a single family or used as a single family with separate entrances. THIS HOME HAS SO MANY USES MAKING IT A RARE FIND FOR SURE!!!

Last Agent to Sell the Property

Russ Patterson

Metro West Real Estate LLC License #6501254695 Listed on: 01/03/2020

Last Buyer's Agent

Redwan Ali

Delphi Group Real Estate LLC License #RCO-6501377720

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930 | Remodeled in 2016

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 80.00x129.00

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 2 Full Bathrooms
  • 1,868 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Unfinished Basement

Outdoor Features

  • Balcony
  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 47006010371000

Community Details

Overview

  • 2 Units
  • Schaefer DIX Sub Subdivision

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Year Built

Built in 1930 | Remodeled in 2016

Lot Details

10,454 Sq Ft Lot

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1930
  • State Equalized Value: 52200.0000
  • Year Renovated: 2016
  • Pets Allowed: Call
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 1868

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block
  • Porch Type: Balcony, Porch
  • Road Frontage Type: Paved, Pub. Sidewalk
  • Sideof Street: W

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s)
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Lot Info

  • List Price per Acre: 443750.0000
  • Lot Size Area: 0.24
  • Lot Dimensions: 80.00X129.00
  • Parcel Number: 47006010371000
  • Zone Conform: Yes
  • Zoning: Residential

Rental Info

  • Rent Includes: Trash Collection (Garbage Pickup), Water/Sewer
  • Legal Rental Certified: Yes
  • Monthly Rental Income: 1350

Tax Info

  • Tax Amount Summer: 2259.0100
  • Tax Amount Winter: 977.6800
  • Total Tax: 3236.6900
  • Taxable Value: 37563.0000

Multi Family

  • Gross Scheduled Income: 16200.00
  • Number Of Units Total: 2

MLS Schools

  • School District: Melvindale Allen Pk

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2020
Closed on
Feb 24, 2020
Sold by
Bought by
Seller's Agent
Russ Patterson
Metro West Real Estate LLC
Buyer's Agent
Redwan Ali
Delphi Group Real Estate LLC
List Price
$106,500
Sold Price
$110,000
Premium/Discount to List
$3,500
3.29%
Current Estimated Value
$204,144

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,144
Avg. Annual Appreciation
10.36%
Original Mortgage
$88,000
Outstanding Balance
$78,084
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$126,060

Purchase Details

Closed on
Jun 16, 2003
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$110,000 None Available
$30,900 Stewart Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $88,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/24/2020 02/24/20 Sold $110,000 +3.3% $59 / Sq Ft
01/11/2020 01/11/20 Pending -- -- --
01/03/2020 01/03/20 For Sale $106,500 -- $57 / Sq Ft
Source: Realcomp

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,741 $91,900 $0 $0
2024 $2,660 $73,000 $0 $0
2023 $2,532 $64,700 $0 $0
2022 $4,407 $58,900 $0 $0
2021 $4,747 $52,700 $0 $0
2020 $3,194 $45,700 $0 $0
2019 $2,995 $46,700 $0 $0
2018 $2,027 $41,000 $0 $0
2017 $1,759 $38,300 $0 $0
2016 $2,842 $36,300 $0 $0
2015 $3,261 $32,900 $0 $0
2013 $3,180 $33,400 $0 $0
2012 $2,061 $32,600 $3,000 $29,600
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2020

    Russ Patterson

    Metro West Real Estate LLC

    Section Image
  • Redwan Ali

    Buyer's Agent in 2020

    Redwan Ali

    Delphi Group Real Estate LLC

    (313) 522-2192

    4 in this area

    12 Total Sales

    Redwan Ali
    Section Image
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Map

Source: Realcomp

MLS Number: 2200000623

Realcomp

APN: 47-006-01-0371-000

Michigan Wayne County Melvindale 48122

17235 Eddon St, Melvindale, MI

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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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