NOT LISTED FOR SALE

17616 Melrose St Southfield, MI 48075

Estimated Value: $243,000 - $284,000

3 Beds
1 Bath
1,329 Sq Ft
$192/Sq Ft Est. Value

Last Sold September 07, 2023

Last sale price $235,000 $177 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,646/month

3 Days on Market

Highlights

  • Ranch Style House
  • Covered Patio or Porch
  • Forced Air Heating and Cooling System
  • No HOA
  • 1 Car Attached Garage
  • Gas Fireplace

About This Home

As of September 2023

Welcome Home to this Beautiful Southfield Ranch! Nicely Updated Eat-In Kitchen Features Granite Tops, Custom Back Splash & Ceramic Flooring - Ample Cabinet & Counter Space as Well as a Gas Range - Flex Space off Kitchen Perfect for Home Office, Playroom or Crafting Area - Formal Dining w/ Gorgeous Hardwood Flooring - Spacious Living Room Flooded w/ Natural Light From Gorgeous Bay Window - Wood Burning Fireplace - 2 Nice Sized Guest Bedrooms - Large Primary w/ Double Closet - Nicely Updated Bath w/ Custom Tile Surround - Huge, Unfinished Basement w/ Tons of Potential - 1 Car, Attached Garage - Large, Private Yard - Beautiful Treelined Street - Great Curb Appeal - Immediate Occupancy

Last Agent to Sell the Property

Heather Poyhonen

M1 Brokerage, LLC License #6501396006 Listed on: 07/28/2023

Last Buyer's Agent

Katrina Showers

Metropolitan Real Estate Group License #RCO-6501410199

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1948 | Remodeled in 2013

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 80.00 x 130.00

Parking

  • 1 Car Attached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 1,329 Sq Ft Home
  • Gas Fireplace
  • Living Room with Fireplace
  • Unfinished Basement

Kitchen

  • Free-Standing Gas Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Additional Features

  • Covered Patio or Porch
  • Ground Level

Community Details

  • No Home Owners Association
  • Magnolia Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2436304013

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,255

Year Built

Built in 1948 | Remodeled in 2013

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1948
  • State Equalized Value: 90110.0000
  • Year Renovated: 2013
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Fireplace: Yes
  • Fireplace Fuel: Natural
  • Fireplace Locations: Living Room
  • Room Count: 8
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Dishwasher, Dryer, Free-Standing Gas Range, Washer
  • Sq Ft Combined: 1329
  • Total Sq Ft: 1329
  • Sq Ft Total Bsmt: 1329

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block
  • Frontage Feet: 80
  • Porch Type: Porch - Covered, Porch
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 1 Car
  • Garage Features: Attached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Southfield Public Schools

Lot Info

  • Lot Size Area: 0.23
  • Lot Dimensions: 80.00 x 130.00
  • Parcel Number: 2436304013

Tax Info

  • Tax Amount Summer: 1851.0000
  • Tax Amount Winter: 404.0000
  • Total Tax: 2255.0000
  • Taxable Value: 32023.0000

MLS Schools

  • School District: Southfield Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2023
Closed on
Sep 7, 2023
Sold by
Psm Investment Properties Llc
Bought by
Jordan Parise and Holman Velma
Seller's Agent
Heather Poyhonen
M1 Brokerage, LLC
Buyer's Agent
Katrina Showers
Metropolitan Real Estate Group
List Price
$224,900
Sold Price
$235,000
Premium/Discount to List
$10,100
4.49%
Views
59
Current Estimated Value
$255,608

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,608
Avg. Annual Appreciation
3.69%
Original Mortgage
$199,750
Outstanding Balance
$196,445
Interest Rate
6.96%
Mortgage Type
Construction
Estimated Equity
$56,122

Purchase Details

Closed on
Dec 29, 2012
Sold by
Sp Industrial Properties Llc
Bought by
Psm Investment Properties Llc

Purchase Details

Closed on
Sep 7, 2011
Sold by
Oakland County Treasurer
Bought by
Sp Industrial Properties

Purchase Details

Closed on
Jan 24, 2003
Sold by
Bassmagian Avedis and Bassmagian Sylvia
Bought by
Bassmagian Avedis and Bassmagian Sylvia

Purchase Details

Closed on
Oct 8, 1996
Sold by
Malkadjian Ohannes
Bought by
Bassmagian Avedis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
8.32%
Mortgage Type
Purchase Money Mortgage
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
Jordan Parise $235,000 None Listed On Document
Jordan Parise $235,000 None Listed On Document
Psm Investment Properties Llc -- None Available
Sp Industrial Properties $22,500 None Available
Bassmagian Avedis -- Great Lakes Title Of Mi
Bassmagian Avedis $107,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jordan Parise $199,750
Closed Jordan Parise $199,750
Previous Owner Bassmagian Avedis $132,000
Previous Owner Bassmagian Avedis $31,350
Previous Owner Bassmagian Avedis $22,500
Previous Owner Bassmagian Avedis $120,000
Previous Owner Bassmagian Avedis $115,500
Previous Owner Bassmagian Avedis $89,000
Previous Owner Bassmagian Avedis $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/07/2023 09/07/23 Sold $235,000 +4.5% $177 / Sq Ft
07/31/2023 07/31/23 Pending -- -- --
07/28/2023 07/28/23 For Sale $224,900 0.0% $169 / Sq Ft
05/01/2016 05/01/16 Rented $1,495 0.0% --
04/25/2016 04/25/16 Under Contract -- -- --
04/20/2016 04/20/16 For Rent $1,495 0.0% --
04/14/2016 04/14/16 Under Contract -- -- --
04/13/2016 04/13/16 For Rent $1,495 0.0% --
08/29/2014 08/29/14 Rented $1,495 0.0% --
08/22/2014 08/22/14 Under Contract -- -- --
07/10/2014 07/10/14 For Rent $1,495 +3.1% --
06/05/2012 06/05/12 Rented $1,450 -3.0% --
06/05/2012 06/05/12 Under Contract -- -- --
05/31/2012 05/31/12 For Rent $1,495 -- --
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 $5,604 $90,110 $22,440 $67,670
2021 $2,216 $83,070 $24,980 $58,090
2020 $1,792 $66,130 $15,400 $50,730
2018 $2,088 $53,660 $13,740 $39,920
2015 -- $43,030 $0 $0
2014 -- $39,250 $0 $0
2011 -- $43,280 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2023

    Heather Poyhonen

    M1 Brokerage, LLC

    (248) 602-0900

    4 in this area

    43 Total Sales

    Heather Poyhonen
    Section Image
  • Katrina Showers

    Buyer's Agent in 2023

    Katrina Showers

    Metropolitan Real Estate Group

    (586) 306-1535

    2 in this area

    15 Total Sales

    Katrina Showers
    Section Image

  • C

    Seller's Agent in 2014

    Christopher Rueber

    M1 Brokerage, LLC

  • D

    Seller's Agent in 2012

    David Moses

    M1 Brokerage, LLC

    (248) 630-3099

    David Moses
    Section Image
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Map

Source: Realcomp

MLS Number: 20230062543

Realcomp

APN: 24-36-304-013

Michigan Oakland County Southfield 48075

17616 Melrose St, Southfield, MI

This home is located at 17616 Melrose St, Southfield, MI 48075 since 28 July 2023 and is currently estimated at $255,608, approximately $192 per square foot. This property was built in 1948. 17616 Melrose St is a home located in Oakland County with nearby schools including Agbu Alex-Marie Manoogian School, Pembroke Academy, and Dr. Joseph F. Pollack Academic Center Of Excellence.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
Copyright 2025 Realcomp II Ltd. Shareholders
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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