NOT LISTED FOR SALE

18309 Reed St Melvindale, MI 48122

Estimated Value: $106,000 - $154,696

3 Beds
2 Baths
1,008 Sq Ft
$138/Sq Ft Est. Value

Last Sold February 22, 2024

Last sale price $111,000 $110 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $952/month

6 Days on Market

Highlights

  • Ranch Style House
  • Forced Air Heating System
  • 2-minute walk to Cardinal Park
  • No HOA

About This Home

As of February 2024

Excellent Opportunity..Ranch Home Ready For Your Touches...Spacious Layout...2 Full Bathrooms...Massive Basement...Large Yard...Highly Desirable Area...Great for Home Owners & Investors...PROPERTY IS BEING SOLD IN AS-IS CONDITION...Buyer to assume all City repairs...This Home Will Not Last Long...Schedule Your Showing Today!

Last Agent to Sell the Property

Hassan Scheib

Own It Realty License #6502399271 Listed on: 02/09/2024

Co-Listed By

Sonny Bertoni

Own It Realty License #6501433418

Last Buyer's Agent

Maria Hernandez Garcia

EXP Realty Main License #6501445094

EXP Realty Main

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1957

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 35.00 x 114.00

Home Design

  • 1,008 Sq Ft Home
  • Ranch Style House
  • Brick Foundation
  • Block Foundation
  • Vinyl Construction Material

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Location

  • Ground Level

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Unfinished Basement

Community Details

  • No Home Owners Association
  • Allen Park Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 47009040099000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,699

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1957
  • State Equalized Value: 47300.0000
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 1008

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Foundation Materials: Block, Brick/Mortar
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: No Garage

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Lot Size Area: 0.09
  • Lot Dimensions: 35.00 x 114.00
  • Parcel Number: 47009040099000

Tax Info

  • Tax Amount Summer: 853.0000
  • Tax Amount Winter: 846.0000
  • Total Tax: 1699.0000
  • Taxable Value: 24211.0000

MLS Schools

  • School District: Melvindale Allen Pk

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2024
Closed on
Mar 21, 2024
Sold by
Morales-De-Leon Alicia
Bought by
Morales-De-Leon Alicia and Leon Lupita
Seller's Agent
Hassan Scheib
Own It Realty
Buyer's Agent
Maria Hernandez Garcia
EXP Realty Main
List Price
$109,900
Sold Price
$111,000
Premium/Discount to List
$1,100
1%
Views
165
Current Estimated Value
$138,924

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,924
Avg. Annual Appreciation
12.75%
Original Mortgage
$87,000
Interest Rate
1.29%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 9, 2024
Closed on
Feb 21, 2024
Sold by
Platinum Res Llc
Bought by
Morales-De-Leon Alicia
Seller's Agent
Hassan Scheib
Own It Realty
Buyer's Agent
Maria Hernandez Garcia
EXP Realty Main
List Price
$109,900
Sold Price
$111,000
Premium/Discount to List
$1,100
1%
Views
165

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,000
Interest Rate
1.29%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 9, 2024
Closed on
Jan 31, 2024
Sold by
Ostrander Ronald E
Bought by
Platinum Res Llc
Seller's Agent
Hassan Scheib
Own It Realty
Buyer's Agent
Maria Hernandez Garcia
EXP Realty Main
List Price
$109,900
Sold Price
$111,000
Premium/Discount to List
$1,100
1%
Views
165

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,000
Interest Rate
1.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 19, 2004
Sold by
Busher Linda L
Bought by
Ostrander Ronald E
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
Morales-De-Leon Alicia -- None Listed On Document
Morales-De-Leon Alicia -- None Listed On Document
Morales-De-Leon Alicia $111,000 Speedy Title & Escrow Services
Platinum Res Llc $74,000 Speedy Title & Escrow Services
Platinum Res Llc $74,000 Speedy Title & Escrow Services
Ostrander Ronald E $85,000 Downriver Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Platinum Res Llc $87,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/22/2024 02/22/24 Sold $111,000 +1.0% $110 / Sq Ft
02/09/2024 02/09/24 For Sale $109,900 -- $109 / 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 $2,714 $77,100 $0 $0
2024 $896 $67,800 $0 $0
2023 $853 $47,300 $0 $0
2022 $1,658 $41,300 $0 $0
2021 $1,607 $37,700 $0 $0
2020 $1,601 $36,200 $0 $0
2019 $1,484 $32,100 $0 $0
2018 $887 $26,100 $0 $0
2017 $1,102 $23,900 $0 $0
2016 $1,407 $22,600 $0 $0
2015 $2,042 $20,500 $0 $0
2013 $2,020 $21,200 $0 $0
2012 $946 $20,900 $2,700 $18,200
Source: Public Records

Agents Affiliated with this Home

  • Hassan Scheib

    Seller's Agent in 2024

    Hassan Scheib

    Own It Realty

    (313) 395-0000

    6 in this area

    391 Total Sales

    Hassan Scheib
    Section Image
  • Sonny Bertoni

    Seller Co-Listing Agent in 2024

    Sonny Bertoni

    Own It Realty

    (313) 770-9997

    5 in this area

    319 Total Sales

    Sonny Bertoni
    Section Image

  • M

    Buyer's Agent in 2024

    Maria Hernandez Garcia

    EXP Realty Main

    (313) 399-3923

    3 in this area

    17 Total Sales

    Maria Hernandez Garcia
    Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 20240007879

Realcomp

APN: 47-009-04-0099-000

Michigan Wayne County Melvindale 48122

18309 Reed St, Melvindale, MI

Not Listed for Sale

Detached

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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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