NOT LISTED FOR SALE

24504 Laetham Ave Eastpointe, MI 48021

Estimated Value: $122,000 - $134,000

3 Beds
1 Bath
1,130 Sq Ft
$113/Sq Ft Est. Value

Last Sold August 09, 2021

Last sale price $90,000 $80 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $992/month

26 Days on Market

Highlights

  • Corner Lot
  • Bungalow
  • 2.5 Car Garage

About This Home

As of August 2021

Great investment opportunity. Currently rented for $925 monthly. Subject to tenants' rights. Newer roof and garage.

Last Agent to Sell the Property

Jacob Meesseman

Berkshire Hathaway HomeServices Kee Realty NB License #MISPE-6506042490 Listed on: 05/14/2021

Berkshire Hathaway HomeServices Kee Realty NB

Last Buyer's Agent

Nicole Gatto-Ross

A Smart Move Realty License #RCO-6501316796

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1953

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 40x133
  • Corner Lot

Parking

  • 2.5 Car Garage

Home Design

  • Bungalow
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,130 Sq Ft Home
  • 1.5-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Community Details

  • Paradise Gardens Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 02-14-30-107-019

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,661

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Bungalow
  • Structure Style: 1 1/2 Story
  • Year Built: 1953
  • Mail City: Eastpointe
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Bedrooms: 3
  • Bedroom 1: On Entry Level, Dimensions: 11 x 9
  • Bedroom 2: On 2nd Floor, Dimensions: 15 x 11
  • Bedroom 3: On 2nd Floor, Dimensions: 11 x 8
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Bathroom 1: On Level: Entry
  • Dining Room: On Entry Level, Dimensions: 11 x 8
  • Kitchen: On Entry Level, Dimensions: 12 x 7
  • Laundry: On Entry Level, Dimensions: 8 x 6
  • Living Room: On Entry Level, Dimensions: 15 x 11
  • Above Grade Finished Sq Ft: 1130
  • Total Finished Sq Ft: 1130

Exterior Features

  • Exterior: Vinyl Siding
  • Foundation: Slab
  • Frontage: 40

Garage/Parking

  • Garage Spaces: 2.5
  • Garage: Yes

Utilities

  • Sewer: Public Sanitary
  • Water: Public Water

Lot Info

  • Assessor Parcel Number: 02-14-30-107-019
  • Location: Corner Lot
  • Lot Dimensions: 40x133
  • Acreage: 0.13
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2020, Amount: $1,605.00
  • Winter Tax: Year: 2020, Amount: $51.00
  • Total Tax: Year: 2020, Amount: $1,661.00

MLS Schools

  • School District: Eastpointe Community Schl

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2021
Closed on
Aug 3, 2021
Sold by
Murphy Kathleen
Bought by
Gatto Ross Nicole M
Seller's Agent
Jacob Meesseman
Berkshire Hathaway HomeServices Kee Realty NB
Buyer's Agent
Nicole Gatto-Ross
A Smart Move Realty
List Price
$100,000
Sold Price
$90,000
Premium/Discount to List
-$10,000
-10%
Total Days on Market
26
Current Estimated Value
$127,470

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,470
Avg. Annual Appreciation
9.54%
Original Mortgage
$72,060
Outstanding Balance
$66,138
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$61,332

Purchase Details

Closed on
Nov 9, 2009
Sold by
Colossal Property Investments Usa Llc
Bought by
Murphy Kathleen Joan

Purchase Details

Closed on
Nov 2, 2009
Sold by
Secretary Of Housing & Urban Development
Bought by
Colossal Property Investments Llc

Purchase Details

Closed on
Mar 30, 2009
Sold by
Chase Home Finance Llc
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Jan 9, 2009
Sold by
Emerson Shannon and Emerson Shannon L
Bought by
Chase Home Finance Llc

Purchase Details

Closed on
Jun 13, 2003
Sold by
Bil Monique R
Bought by
Emerson Shannon L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,660
Interest Rate
5.51%
Mortgage Type
FHA
Source: Public Records

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Range of Values:

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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
Gatto Ross Nicole M $90,000 Premier Title Agency Llc
Murphy Kathleen Joan $16,000 None Available
Colossal Property Investments Llc $16,000 None Available
Secretary Of Housing & Urban Development -- None Available
Chase Home Finance Llc $123,346 None Available
Emerson Shannon L $106,500 Metropolitan Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gatto Ross Nicole M $72,060
Previous Owner Emerson Shannon $105,660
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2021 08/09/21 Sold $90,000 -10.0% $80 / Sq Ft
07/21/2021 07/21/21 Price Changed $100,000 0.0% $88 / Sq Ft
06/09/2021 06/09/21 Pending -- -- --
05/14/2021 05/14/21 For Sale $100,000 0.0% $88 / Sq Ft
02/19/2016 02/19/16 Rented $725 -3.3% --
01/25/2016 01/25/16 Under Contract -- -- --
01/19/2016 01/19/16 For Rent $750 0.0% --
09/15/2015 09/15/15 Rented $750 -3.2% --
08/13/2015 08/13/15 For Rent $775 0.0% --
05/31/2013 05/31/13 Rented $775 -3.1% --
05/14/2013 05/14/13 Under Contract -- -- --
04/03/2013 04/03/13 For Rent $800 -- --
Source: Michigan Multiple Listing Service

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
2024 $3,309 $54,200 $0 $0
2023 $3,214 $46,900 $0 $0
2022 $3,262 $39,600 $0 $0
2021 $1,664 $33,400 $0 $0
2020 $1,605 $29,400 $0 $0
2019 $1,592 $25,300 $0 $0
2018 $1,766 $24,040 $0 $0
2017 $1,528 $20,980 $3,250 $17,730
2016 $1,509 $20,980 $0 $0
2015 $1,178 $18,800 $0 $0
2013 $1,374 $18,010 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 50041767

Michigan Multiple Listing Service

APN: 02-14-30-107-019