NOT LISTED FOR SALE

17550 Melrose St Southfield, MI 48075

Estimated Value: $234,832 - $273,000

3 Beds
1.5 Baths
1,409 Sq Ft
$177/Sq Ft Est. Value

Last Sold July 19, 2019

Last sale price $160,000 $114 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $1,601/month

7 Days on Market

Highlights

  • Colonial Architecture
  • Balcony
  • Enclosed Patio or Porch
  • No HOA
  • 2 Car Detached Garage
  • Security System Owned

About This Home

As of July 2019

The owner of this fairytale home is moving out of state so he needs to part ways with this elegant central entry colonial located in a dreamy botanical garden of Magnolia Neighborhood. There are so many beautiful features that will please any buyer, from the spacious living room with cozy fireplace and coved ceilings to the inviting dining room with built in corner china cabinets, from the breakfast area of the kitchen that has such a peaceful sense of intimacy to the relaxing sunroom on the back of the house, from the powder room with the most elegant ceiling to the gracious central staircase to the second floor, from the spacious master bedroom to the bright kids room and private den/office/extra bedroom.This house is one of the most welcoming homes you will view today...and wait until you walk in the heavenly back yard. Just come and see it, you will love it!
Updates galore:new windows(except the one from living room to the sunroom), new furnace, new hot water heater and new paint.

Last Agent to Sell the Property

Silvia Stan

Signature Sotheby's International Realty Bham License #6501281591 Listed on: 06/13/2019

Signature Sotheby's International Realty Bham

Last Buyer's Agent

Ryan Duffy

Realteam Real Estate License #6501402945

Realteam Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1941 | Remodeled in 2018

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 65.00x130.00

Parking

  • 2 Car Detached Garage

Home Design

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

Interior Spaces

  • 1,409 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Living Room with Fireplace
  • Security System Owned

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Basement

  • Interior Basement Entry
  • Sump Pump

Outdoor Features

  • Balcony
  • Enclosed Patio or Porch
  • Exterior Lighting

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • Programmable Thermostat
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Magnolia Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 2436304016

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,333

Year Built

Built in 1941 | Remodeled in 2018

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Warranty: Yes
  • Year Built: 1941
  • Year Renovated: 2018
  • Foundation Features: Sump Pump
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, Humidifier, Programmable Thermostat, Security Alarm (owned)
  • Fireplace: Yes
  • Fireplace Fuel: Natural
  • Fireplace Locations: Living Room
  • Room Count: 8
  • Total Bedrooms: 3
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Interior Entry (Interior Access)
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Refrigerator, Range/Stove, Washer
  • Sq Ft Combined: 1409
  • Total Sq Ft: 1409
  • Sq Ft Total Bsmt: 667

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: Lighting
  • Foundation Materials: Block
  • Frontage Feet: 65
  • Porch Type: Balcony, Porch - Enclosed
  • Road Frontage Type: Paved

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Southfield Public Schools

Lot Info

  • Homestead: Yes
  • List Price per Acre: 789473.6842
  • Lot Size Area: 0.19
  • Lot Dimensions: 65.00X130.00
  • Parcel Number: 2436304016

Tax Info

  • Tax Amount Summer: 1931.0000
  • Tax Amount Winter: 402.0000
  • Total Tax: 2333.0000

MLS Schools

  • School District: Southfield Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2019
Closed on
Jul 19, 2019
Sold by
Anderson Kane T and Anderson Kane Thomas
Bought by
Klaser Adam
Seller's Agent
Silvia Stan
Signature Sotheby's International Realty Bham
Buyer's Agent
Ryan Duffy
Realteam Real Estate
List Price
$150,000
Sold Price
$160,000
Premium/Discount to List
$10,000
6.67%
Current Estimated Value
$248,708

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,708
Avg. Annual Appreciation
7.46%
Original Mortgage
$144,000
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 9, 2018
Closed on
May 2, 2018
Sold by
Bryant James W
Bought by
Anderson Kane Thomas
Seller's Agent
Donna Barlow
Signature Sotheby's International Realty Bham
Buyer's Agent
Silvia Stan
Signature Sotheby's International Realty Bham
List Price
$124,900
Sold Price
$122,500
Premium/Discount to List
-$2,400
-1.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.64%
Original Mortgage
$118,825
Interest Rate
4.4%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
May 23, 2000
Sold by
Bryant James W
Bought by
James W Bryant Tr
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
Klaser Adam $160,000 Interstate Title Inc
Anderson Kane Thomas $122,500 None Available
James W Bryant Tr -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Klaser Adam $148,000
Closed Klaser Adam $144,000
Previous Owner Anderson Kane Thomas $118,825
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2019 07/19/19 Sold $160,000 +6.7% $114 / Sq Ft
06/20/2019 06/20/19 Pending -- -- --
06/13/2019 06/13/19 For Sale $150,000 +22.4% $106 / Sq Ft
05/17/2018 05/17/18 Sold $122,500 -1.9% $87 / Sq Ft
04/09/2018 04/09/18 Pending -- -- --
04/09/2018 04/09/18 For Sale $124,900 -- $89 / 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
2022 $3,402 $75,830 $19,710 $56,120
2021 $3,500 $68,880 $20,700 $48,180
2020 $3,049 $55,650 $12,680 $42,970
2018 $2,333 $43,610 $11,160 $32,450
2015 -- $34,990 $0 $0
2014 -- $32,860 $0 $0
2011 -- $35,940 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 219057261

Realcomp

APN: 24-36-304-016