NOT LISTED FOR SALE

18533 Ruth St Melvindale, MI 48122

Estimated Value: $157,000 - $196,000

3 Beds
2 Baths
1,512 Sq Ft
$115/Sq Ft Est. Value

Last Sold October 28, 2016

Last sale price $55,000 $36 Per Sq Ft

Est. 217% increase in value since last sale

Current estimated payment $1,114/month

39 Days on Market

About This Home

As of October 2016

SATURDAY/SUNDAY SHOWINGS ONLY!! 48 HR. NOTICE TO SHOW! GREAT INCOME OPPORTUNITY!!!!!!!!! THIS 2 UNIT DUPLEX WON'T LAST LONG. LOWER UNIT HAS 2 BEDROOMS 1 BATH AND IS OCCUPIED, TENANT PAYING 650/MONTH!!!!(GAS INCLUDED) ONLY AVAILABLE FOR WEEKEND SHOWINGS ONLY!!! UPPER UNIT IS VACANT (HAS RENTAL C OF O), ENTRY UPON LOCK BOX, HAS 1 BEDROOM 1 BATH. PROPERTY HAS A BASEMENT AND 2 CAR GARAGE. NEW HOT WATER HEATER, FURNACE ONLY A YEAR OLD. NEW ROOF 2 YEARS AGO! PROPERTY SOLD AS IS. BUYER RESPONSIBLE FOR CITY INSPECTION AND ANY REQUIREMENTS/REPAIRS (IF ANY). BUYER TO ASSUME TERM OF LEASE. PHOTOS ARE OF VACANT UPPER ONLY. UPPER UNIT JUST VACANT, CARPET CLEANING AND PAINT NEEDED.

Last Agent to Sell the Property

Teressa LaFace

EXP Realty Taylor License #6502422809 Listed on: 08/29/2016

EXP Realty Taylor

Last Buyer's Agent

Ahmed Almawri

Real Estate One-Dbn Hts/Dbn License #6501344491

Real Estate One-Dbn Hts/Dbn

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Home Design

  • Block Foundation
  • Vinyl Construction Material

Interior Spaces

  • 2 Full Bathrooms
  • 1,512 Sq Ft Home
  • 2-Story Property
  • Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units
  • Oakborn Rouge Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 47010010050000

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Total Sq Ft: 1512

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Foundation Materials: Block
  • Road Frontage Type: Paved

Utilities

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

Lot Info

  • Lot Dimensions: 40X100 EST.
  • Parcel Number: 47010010050000
  • Zoning: Residential

Rental Info

  • Monthly Rental Income: 650

Tax Info

  • Tax Amount Summer: 1808.0000
  • Tax Amount Winter: 738.0000
  • Total Tax: 2546.0000

Multi Family

  • Gross Scheduled Income: 7800.00
  • Number Of Units Total: 2

MLS Schools

  • School District: Melvindale Allen Pk

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2016
Closed on
Oct 28, 2016
Sold by
Miller Shirley Jean and Miller Jack
Bought by
Afg Unites Llc
Seller's Agent
Teressa LaFace
EXP Realty Taylor
Buyer's Agent
Ahmed Almawri
Real Estate One-Dbn Hts/Dbn
List Price
$64,900
Sold Price
$55,000
Premium/Discount to List
-$9,900
-15.25%
Current Estimated Value
$174,619

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,619
Avg. Annual Appreciation
13.40%

Purchase Details

Closed on
Aug 27, 2009
Sold by
Megregian Matthew P and Megregian Christine J
Bought by
Miller Wilbur Jack

Purchase Details

Closed on
Oct 13, 2000
Sold by
Miller Shirley J
Bought by
Sloan Vernon R
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
Afg Unites Llc $55,000 Michigan Title Insurance Age
Miller Wilbur Jack -- None Available
Sloan Vernon R $69,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/28/2016 10/28/16 Sold $55,000 -15.3% $36 / Sq Ft
10/07/2016 10/07/16 Pending -- -- --
08/29/2016 08/29/16 For Sale $64,900 -- $43 / 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 $2,417 $81,500 $0 $0
2024 $2,346 $69,000 $0 $0
2023 $2,231 $62,100 $0 $0
2022 $3,585 $55,300 $0 $0
2021 $3,474 $46,300 $0 $0
2020 $3,454 $43,700 $0 $0
2019 $3,239 $41,100 $0 $0
2018 $2,192 $38,100 $0 $0
2017 $1,903 $35,700 $0 $0
2016 $2,612 $33,300 $0 $0
2015 $2,997 $30,200 $0 $0
2013 $2,920 $30,600 $0 $0
2012 $1,989 $29,900 $2,900 $27,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 216086350

Realcomp

APN: 47-010-01-0050-000