NOT LISTED FOR SALE

2529 Schaefer Rd Melvindale, MI 48122

Estimated Value: $141,000 - $202,296

4 Beds
2 Baths
2,138 Sq Ft
$83/Sq Ft Est. Value

Last Sold October 16, 2018

Last sale price $58,000 $27 Per Sq Ft

Est. 206% increase in value since last sale

Current estimated payment $1,128/month

18 Days on Market

About This Home

As of October 2018

Turn Key rental unit with 2 long time tenants. All appliances belong to tenants. Please provide adequate time to show.

Last Agent to Sell the Property

Tom Crowe

Real Estate Unlimited, Inc License #6502111862 Listed on: 08/21/2018

Last Buyer's Agent

Stephen Barger

RE/MAX Innovation License #6501288598

RE/MAX Innovation

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1938

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 44.00x100.00

Home Design

  • Duplex
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 2 Full Bathrooms
  • 2,138 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • 2 Units
  • Fort Boulevard Heights Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 47001010142000

Property Details

Home Type

Multi-Family

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 2 Story
  • Year Built: 1938
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Private, Unfinished
  • Total Sq Ft: 2138

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exclusions: Yes
  • Foundation Materials: Block
  • Road Frontage Type: Paved

Utilities

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

Lot Info

  • List Price per Acre: 645000.0000
  • Lot Size Area: 0.10
  • Lot Dimensions: 44.00X100.00
  • Parcel Number: 47001010142000
  • Zoning: Residential

Rental Info

  • Rent Includes: Trash Collection (Garbage Pickup)
  • Legal Rental Certified: Yes
  • Monthly Rental Income: 800

Tax Info

  • Tax Amount Summer: 1846.0000
  • Tax Amount Winter: 817.0000
  • Total Tax: 2663.0000

Multi Family

  • Gross Scheduled Income: 9600.00
  • 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 21, 2018
Closed on
Oct 16, 2018
Sold by
Syak Roy Michael
Bought by
Churchs Contreras Demetrio and La Casa De Mi Padre Churchs
Seller's Agent
Tom Crowe
Real Estate Unlimited, Inc
Buyer's Agent
Stephen Barger
RE/MAX Innovation
List Price
$64,500
Sold Price
$58,000
Premium/Discount to List
-$6,500
-10.08%
Current Estimated Value
$177,324

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,324
Avg. Annual Appreciation
17.12%
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
Churchs Contreras Demetrio $58,000 Minnesota Title Agency
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/16/2018 10/16/18 Sold $58,000 -10.1% $27 / Sq Ft
09/08/2018 09/08/18 Pending -- -- --
08/21/2018 08/21/18 For Sale $64,500 -- $30 / 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 $2,344 $84,100 $0 $0
2024 $2,344 $74,500 $0 $0
2023 $2,229 $62,300 $0 $0
2022 $3,583 $54,800 $0 $0
2021 $3,472 $47,100 $0 $0
2020 $3,452 $39,400 $0 $0
2019 $3,237 $37,300 $0 $0
2018 $1,881 $38,500 $0 $0
2017 $1,633 $35,400 $0 $0
2016 $2,639 $33,700 $0 $0
2015 $3,028 $30,600 $0 $0
2013 $2,950 $30,200 $0 $0
2012 $3,513 $30,200 $2,900 $27,300
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2018

    Tom Crowe

    Real Estate Unlimited, Inc

    Section Image
  • Stephen Barger

    Buyer's Agent in 2018

    Stephen Barger

    RE/MAX of Southeast Michigan

    (734) 673-7761

    2 in this area

    36 Total Sales

    Stephen Barger
    Section Image
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Map

Source: Realcomp

MLS Number: 218081538

Realcomp

APN: 47-001-01-0142-000

Michigan Wayne County Melvindale 48122

2529 Schaefer Rd, Melvindale, MI

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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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