NOT LISTED FOR SALE

18559 Ruth St Melvindale, MI 48122

Estimated Value: $107,000 - $145,894

3 Beds
1 Bath
752 Sq Ft
$167/Sq Ft Est. Value

Last Sold July 02, 2020

Last sale price $46,500 $62 Per Sq Ft

Est. 167% increase in value since last sale

Current estimated payment $856/month

52 Days on Market

Highlights

  • Ground Level Unit
  • 2 Car Detached Garage
  • Forced Air Heating System
  • No HOA
  • Bungalow
  • 2-minute walk to Kiwanis Reading Park

About This Home

As of July 2020

Great investment to own with a lot of potential, property features 3 bedrooms, living room, Dining room,1 bath and full basement.. All sizes and measurements are approximate but not guaranteed, buyer or agent to verify. Property sold as is, buyer to order city inspection and final water bill. Asset built prior to 1978 lead based paint potentially exists. This property may qualify for Seller Financing (Vendee).

Last Agent to Sell the Property

Manny Hammoud

Elegant Homes Realty License #6502365323 Listed on: 12/22/2019

Last Buyer's Agent

Manny Hammoud

Elegant Homes Realty License #6502365323 Listed on: 12/22/2019

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 53x100

Parking

  • 2 Car Detached Garage

Home Design

  • Bungalow
  • Brick Foundation
  • Vinyl Construction Material

Interior Spaces

  • 752 Sq Ft Home
  • 1.5-Story Property
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Location

  • Ground Level Unit

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Oakborn Rouge Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 47010010053000

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Assessment: 2017.44
  • Year Built: 1940
  • State Equalized Value: 29000.0000
  • Entry Location: Ground Level
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 7
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Partially Finished
  • Sq Ft Combined: 1352
  • Sq Ft Lower Floor: 600
  • Total Sq Ft: 752
  • Sq Ft Total Bsmt: 752

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Aluminum, Vinyl
  • Foundation Materials: Brick/Mortar
  • Frontage Feet: 53
  • Road Frontage Type: Paved

Garage/Parking

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

Utilities

  • Heating Fuel: Natural Gas
  • 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: Melvindale Allen Pk

Lot Info

  • List Price per Acre: 554444.4444
  • Lot Size Area: 0.09
  • Lot Dimensions: 53x100
  • Parcel Number: 47010010053000

Tax Info

  • Tax Amount Summer: 3356.0000
  • Tax Amount Winter: 579.0000
  • Total Tax: 3935.0000
  • Taxable Value: 22250.0000

MLS Schools

  • School District: Melvindale Allen Pk

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 22, 2019
Closed on
Jun 25, 2020
Sold by
Secretary Of Veterans Affaris
Bought by
Mfg United Llc
Seller's Agent
Manny Hammoud
Elegant Homes Realty
Buyer's Agent
Manny Hammoud
Elegant Homes Realty
List Price
$56,500
Sold Price
$46,500
Premium/Discount to List
-$10,000
-17.7%
Current Estimated Value
$124,381

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,881

Purchase Details

Listed on
Dec 22, 2019
Closed on
May 5, 2020
Sold by
Wells Fargo Bank Na
Bought by
Secretary Of Veterans Affairs
Seller's Agent
Manny Hammoud
Elegant Homes Realty
Buyer's Agent
Manny Hammoud
Elegant Homes Realty
List Price
$56,500
Sold Price
$46,500
Premium/Discount to List
-$10,000
-17.7%

Purchase Details

Closed on
Jan 15, 2020
Sold by
Wells Fargo Bank Na
Bought by
Secretary Of Veterans Affairs

Purchase Details

Closed on
Oct 24, 2019
Sold by
Boutin Robert C
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
May 7, 2010
Sold by
Boutin Jenny R
Bought by
Boutin Robert C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,750
Interest Rate
5.3%
Mortgage Type
VA

Purchase Details

Closed on
Feb 23, 2004
Sold by
Boutin Robert C and Boutin Jenny R
Bought by
Boutin Robert C

Purchase Details

Closed on
Mar 10, 2003
Sold by
Jasper Richard A
Bought by
Boutin Robert C
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
Mfg United Llc $46,500 None Available
Secretary Of Veterans Affairs -- None Available
Wells Fargo Bank Na $57,154 None Available
Boutin Robert C -- Accommodation
Boutin Robert C -- --
Boutin Robert C $89,900 Michigan Title Insurance Age
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Boutin Robert C $86,550
Previous Owner Boutin Robert C $86,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2020 07/02/20 Sold $46,500 -6.8% $62 / Sq Ft
02/12/2020 02/12/20 Pending -- -- --
02/12/2020 02/12/20 Price Changed $49,900 -11.7% $66 / Sq Ft
12/22/2019 12/22/19 For Sale $56,500 -- $75 / 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 $2,135 $62,700 $0 $0
2024 $2,135 $52,900 $0 $0
2023 $2,030 $47,500 $0 $0
2022 $3,263 $42,100 $0 $0
2021 $3,162 $35,100 $0 $0
2020 $2,059 $32,700 $0 $0
2019 $3,949 $29,000 $0 $0
2018 $1,307 $27,300 $0 $0
2017 $1,135 $24,700 $0 $0
2016 $1,833 $23,000 $0 $0
2015 $2,103 $21,100 $0 $0
2013 $2,050 $21,500 $0 $0
2012 $924 $21,000 $2,900 $18,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 219124276

Realcomp

APN: 47-010-01-0053-000