NOT LISTED FOR SALE

23740 Melrose Ave Eastpointe, MI 48021

Estimated Value: $126,000 - $148,000

3 Beds
2 Baths
1,130 Sq Ft
$121/Sq Ft Est. Value

Last Sold August 01, 2018

Last sale price $72,500 $64 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $965/month

12 Days on Market

Highlights

  • No HOA
  • Porch
  • Forced Air Heating System
  • 1 Car Detached Garage
  • Bungalow

About This Home

As of August 2018

Great investment or rental property! Great curb appeal! This 3 Bedroom bungalow has 2 full baths! Kitchen with ceramic counter top and floor, pantry cabinet, and doorwall leading to deck. Formal dining area. Faux fireplace in living room. Bonus den area off of living room. Newer dimensional shingle roof. 1.5 car garage. BATVAI Licensed Real Estate Agent to be physically present for all showings, no exceptions.

Last Agent to Sell the Property

John Graham

John Graham Realty, LLC License #6502371676 Listed on: 06/08/2018

Last Buyer's Agent

David Loder

David Loder License #RCO-6504401432

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1928

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 48.00x150.00

Parking

  • 1 Car Detached Garage

Home Design

  • Bungalow
  • Poured Concrete
  • Vinyl Construction Material

Interior Spaces

  • 1,130 Sq Ft Home
  • 1.5-Story Property
  • Living Room with Fireplace
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Sewer in Street

Community Details

  • No Home Owners Association
  • Melrose Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1430428001

Home Details

Home Type

Single Family

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Assessment: 436.47
  • Year Built: 1928
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Fireplace: Yes
  • Fireplace Locations: Living Room
  • Room Count: 8
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 1130
  • Total Sq Ft: 1130
  • Sq Ft Total Bsmt: 800

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Foundation Materials: Poured
  • Frontage Feet: 48
  • Porch Type: Porch
  • Road Frontage Type: Paved

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Eastpointe Community Schools

Lot Info

  • List Price per Acre: 468125.0000
  • Lot Size Area: 0.16
  • Lot Dimensions: 48.00X150.00
  • Parcel Number: 1430428001

Tax Info

  • Tax Amount Summer: 1902.0000
  • Tax Amount Winter: 501.0000
  • Total Tax: 2403.0000

MLS Schools

  • School District: Eastpointe Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 13, 2018
Sold by
American Estate And Trust
Bought by
Chu Jenny
Current Estimated Value
$136,237

Purchase Details

Listed on
Jun 8, 2018
Closed on
Aug 1, 2018
Sold by
American Estate And Trust Fbo
Bought by
Chu Jenny
Seller's Agent
John Graham
John Graham Realty, LLC
Buyer's Agent
David Loder
David Loder
List Price
$74,900
Sold Price
$72,500
Premium/Discount to List
-$2,400
-3.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.25%
Original Mortgage
$58,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 19, 2018
Sold by
American Estate & Trust Fbo
Bought by
American Estate & Trust Fbo and Mark Stauder Roth Ira

Purchase Details

Listed on
Jan 29, 2015
Closed on
May 13, 2015
Sold by
Gwh Properties Llc
Bought by
5 Choices Llc
Seller's Agent
Jeanette Lucy
IQ Properties LLC
Buyer's Agent
Jeanette Lucy
IQ Properties LLC
Sold Price
$850

Purchase Details

Listed on
Jan 29, 2015
Closed on
Mar 10, 2015
Sold by
5 Choices Llc
Bought by
American Estate & Trust
Seller's Agent
Jeanette Lucy
IQ Properties LLC
Buyer's Agent
Jeanette Lucy
IQ Properties LLC
Sold Price
$850

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,400
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 2, 2014
Closed on
Oct 21, 2014
Sold by
Secretary Of Hud
Bought by
Gwh Properties Llc
Seller's Agent
Hank Mendez
Real Estate One Inc-Shelby
Buyer's Agent
. Non Mls Member
NON MLS Member
List Price
$31,000
Sold Price
$28,210
Premium/Discount to List
-$2,790
-9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.51%

Purchase Details

Closed on
May 24, 2013
Sold by
Michigan State Housing Development Autho
Bought by
Secretary Of Hud

Purchase Details

Closed on
Apr 12, 2013
Sold by
Harrison Kelly A
Bought by
Michigan State Housing Development Autho

Purchase Details

Closed on
May 20, 2009
Sold by
Koehler Carl F and Koehler Debora
Bought by
Harrison Kelly A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,931
Interest Rate
4.85%
Mortgage Type
FHA
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
Chu Jenny -- All Points Title Agency Llc
Chu Jenny $72,500 All Points Title Agency Llc
American Estate & Trust Fbo -- None Available
5 Choices Llc $54,000 --
American Estate & Trust $62,350 None Available
Gwh Properties Llc $28,210 Commercial Title Service
Secretary Of Hud -- None Available
Michigan State Housing Development Autho $36,750 None Available
Harrison Kelly A $59,000 The Executive Advantage Titl
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chu Jenny $58,000
Previous Owner American Estate & Trust $48,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2018 08/01/18 Sold $72,500 -3.2% $64 / Sq Ft
06/20/2018 06/20/18 Pending -- -- --
06/08/2018 06/08/18 For Sale $74,900 0.0% $66 / Sq Ft
03/27/2015 03/27/15 Rented $850 0.0% --
02/10/2015 02/10/15 Under Contract -- -- --
01/29/2015 01/29/15 For Rent $850 0.0% --
10/24/2014 10/24/14 Sold $28,210 -9.0% $25 / Sq Ft
10/10/2014 10/10/14 Pending -- -- --
10/02/2014 10/02/14 For Sale $31,000 -- $27 / 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 $2,906 $63,500 $0 $0
2024 $2,774 $55,500 $0 $0
2023 $2,694 $49,600 $0 $0
2022 $2,739 $42,500 $0 $0
2021 $2,696 $37,900 $0 $0
2020 $2,598 $35,400 $0 $0
2019 $2,600 $31,100 $0 $0
2018 $2,403 $25,630 $0 $0
2017 $2,403 $22,870 $3,720 $19,150
2016 $1,914 $22,870 $0 $0
2015 $1,294 $20,650 $0 $0
2013 -- $19,560 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • John Graham

    Seller's Agent in 2018

    John Graham

    John Graham Realty, LLC

    (586) 799-4725

    42 in this area

    938 Total Sales

    John Graham
    Section Image

  • D

    Buyer's Agent in 2018

    David Loder

    David Loder

    (415) 713-4419

    3 in this area

    6 Total Sales

    David Loder
    Section Image
  • Jeanette Lucy

    Seller's Agent in 2015

    Jeanette Lucy

    IQ Properties LLC

    (313) 333-5166

    5 in this area

    124 Total Sales

    Jeanette Lucy
    Section Image
  • Hank Mendez

    Seller's Agent in 2014

    Hank Mendez

    Real Estate One Inc-Shelby

    (586) 405-3333

    1 in this area

    157 Total Sales

    Hank Mendez
    Section Image

  • R

    Seller Co-Listing Agent in 2014

    Raymond Fox

    Weichert Realtors Excel

  • .

    Buyer's Agent in 2014

    . Non Mls Member

    NON MLS Member

See All Agents

Map

Source: Realcomp

MLS Number: 218051387

Realcomp

APN: 02-14-30-428-001

Michigan Macomb County Eastpointe 48021

23740 Melrose Ave, Eastpointe, MI

This home is located at 23740 Melrose Ave, Eastpointe, MI 48021 since 08 June 2018 and is currently estimated at $136,237, approximately $120 per square foot. This property was built in 1928. 23740 Melrose Ave is a home located in Macomb County with nearby schools including Forest Park Elementary School, Eastpointe Middle School, and Eaton Academy.

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
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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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