NOT LISTED FOR SALE

17912 Reed St Melvindale, MI 48122

Estimated Value: $164,000 - $210,000

4 Beds
2 Baths
1,939 Sq Ft
$98/Sq Ft Est. Value

Last Sold June 24, 2020

Last sale price $95,000 $49 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $1,292/month

Highlights

  • Balcony
  • Forced Air Heating and Cooling System
  • Fenced
  • Bungalow
  • Garage

About This Home

As of June 2020

SOLD,SOLD,SOLD

Last Agent to Sell the Property

Jeff Darwish

RE/MAX Team 2000 License #6501208186 Listed on: 05/21/2020

RE/MAX Team 2000

Last Buyer's Agent

Jeff Darwish

RE/MAX Team 2000 License #6501208186 Listed on: 05/21/2020

RE/MAX Team 2000

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 35.00x109.00
  • Fenced

Parking

  • Garage

Home Design

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

Interior Spaces

  • 2 Full Bathrooms
  • 1,939 Sq Ft Home
  • 1.5-Story Property
  • Unfinished Basement

Outdoor Features

  • Balcony

Utilities

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

Community Details

  • 2 Units
  • Allen Boulevard Heights Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 47009020173000

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Year Built: 1930
  • State Equalized Value: 53700.0000
  • Pets Allowed: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 1939

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: Fenced
  • Foundation Materials: Block
  • Porch Type: Balcony
  • Road Frontage Type: Paved

Garage/Parking

  • MF Parking: Garages

Utilities

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

Lot Info

  • List Price per Acre: 1332222.2222
  • Lot Size Area: 0.09
  • Lot Dimensions: 35.00X109.00
  • Parcel Number: 47009020173000
  • Zone Conform: Yes
  • Zoning: Multi-Family

Rental Info

  • Legal Rental Certified: Yes
  • Monthly Rental Income: 1500

Tax Info

  • Tax Amount Summer: 2301.0000
  • Tax Amount Winter: 1020.0000
  • Total Tax: 3321.0000
  • Taxable Value: 38267.0000

Multi Family

  • Gross Scheduled Income: 18000.00
  • Number Of Units Total: 2

MLS Schools

  • School District: Melvindale Allen Pk

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 19, 2023
Sold by
Runco Real Estate Trust
Bought by
17910 Reed St Llc
Current Estimated Value
$190,315

Purchase Details

Closed on
Aug 8, 2022
Sold by
Runco William J and Runco Rhonda L
Bought by
Runco Real Estate Trust

Purchase Details

Closed on
Feb 15, 2021
Sold by
Runco Rhonda L
Bought by
Runco William J and Runco Rhonda L

Purchase Details

Listed on
May 21, 2020
Closed on
Jun 24, 2020
Sold by
Hogg Family Trust and The Hogg Family Trust
Bought by
Runco Rhonda L
Seller's Agent
Jeff Darwish
RE/MAX Team 2000
Buyer's Agent
Jeff Darwish
RE/MAX Team 2000
List Price
$119,900
Sold Price
$95,000
Premium/Discount to List
-$24,900
-20.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.23%

Purchase Details

Closed on
Jun 29, 1994
Sold by
Christnagel Martin J
Bought by
Hogg Robert and Hogg Carole M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,000
Interest Rate
8.6%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
17910 Reed St Llc -- None Listed On Document
17910 Reed St Llc -- None Listed On Document
Runco Real Estate Trust -- None Listed On Document
Runco Real Estate Trust -- None Listed On Document
Runco William J -- None Listed On Document
Runco William J -- None Listed On Document
Runco William J -- None Listed On Document
Runco William J -- None Listed On Document
Runco Rhonda L $95,000 Title One
Runco Rhonda L $95,000 Title One
Runco Rhonda L $95,000 Title One
Runco Rhonda L $95,000 Title One
Hogg Robert $58,000 --
Hogg Robert $58,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hogg Robert $43,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/24/2020 06/24/20 Sold $95,000 -20.8% $49 / Sq Ft
05/21/2020 05/21/20 Pending -- -- --
05/21/2020 05/21/20 For Sale $119,900 -- $62 / 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
2025 $3,623 $93,400 $0 $0
2024 $3,516 $80,200 $0 $0
2023 $3,343 $71,400 $0 $0
2022 $5,374 $62,900 $0 $0
2021 $5,207 $57,800 $0 $0
2020 $3,542 $55,200 $0 $0
2019 $3,321 $53,700 $0 $0
2018 $2,248 $44,300 $0 $0
2017 $1,951 $42,400 $0 $0
2016 $3,152 $40,300 $0 $0
2015 $3,617 $36,500 $0 $0
2013 $3,520 $37,000 $0 $0
2012 $2,001 $36,400 $2,700 $33,700
Source: Public Records

Agents Affiliated with this Home

  • Jeff Darwish

    Seller's Agent in 2020

    Jeff Darwish

    RE/MAX

    (313) 999-3699

    2 in this area

    211 Total Sales

    Jeff Darwish
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Map

Source: Realcomp

MLS Number: 2200035431

Realcomp

APN: 47-009-02-0173-000

Michigan Wayne County Melvindale 48122

17912 Reed St, Melvindale, MI

Not Listed for Sale

MultiFamily

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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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