NOT LISTED FOR SALE

2726 Margaret St Melvindale, MI 48122

Estimated Value: $105,000 - $111,000

2 Beds
1 Bath
720 Sq Ft
$149/Sq Ft Est. Value

Last Sold September 14, 2015

Last sale price $15,000 $21 Per Sq Ft

Est. 615% increase in value since last sale

Current estimated payment $682/month

Highlights

  • Ranch Style House
  • No HOA
  • Forced Air Heating System
  • Ground Level Unit
  • 1 Car Attached Garage
  • 3-minute walk to Lankford Park

About This Home

As of August 2021

CUTE LITTLE 2 BEDROOM HOME WITH ATTACHED GARAGE, NOT TOO BIG NOT TO SMALL. GREAT LOCATION CLOSE TO SHOPPING EATERIES AND RECREATIONAL FACILITIES ALL WITHIN WALKING DISTANCE. EASY OFF ON EXPRESSWAYS . $60.00 MONTH WATER CHARGE. 250.00 NON REFUNDABLE CLEANING FEE, PET FEES IF PET IS APPROVED. ( $200.00 AT CLOSING ) $20.00 MONTH .

Last Agent to Rent the Property

Paul Zulewski

Source Realty LLC License #6501356520 Listed on: 07/30/2021

Last Renter's Agent

Non Participant

Non Realcomp Office License #RCO

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,160

Year Built

  • Built in 1953

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 42.00x121.70

Parking

  • 1 Car Attached Garage

Home Design

  • 720 Sq Ft Home
  • Ranch Style House
  • Block Foundation
  • Slab Foundation

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

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

Additional Features

  • Free-Standing Electric Oven
  • Ground Level Unit

Community Details

  • No Home Owners Association
  • Schaefer Dix Sub No 1 Subdivision

Listing and Financial Details

  • Security Deposit $1,500
  • 12 Month Lease Term
  • Application Fee: 40.00
  • Assessor Parcel Number 47004010740002

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,160

Year Built

Built in 1953

Lot Details

0

Rental Info

  • Application Fee: 40.00
  • Lease Type: Single Family House
  • Security Deposit: 1500.00

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1953
  • Entry Location: Ground Level
  • Pets Allowed: Call
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 6
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Kitchen Appliances: Free-Standing Electric Oven, Free-Standing Refrigerator
  • Sq Ft Combined: 720
  • Total Sq Ft: 720

Exterior Features

  • Foundation Details: Slab
  • Construction Materials: Aluminum
  • Foundation Materials: Block
  • Frontage Feet: 42
  • Road Frontage Type: Pub. Sidewalk

Garage/Parking

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

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • Association Fee: No

Fee Information

  • Additional Fee: 250.00

Schools

  • School District: Melvindale Allen Pk

Lot Info

  • Lot Size Area: 0.12
  • Lot Dimensions: 42.00X121.70
  • Parcel Number: 47004010740002

Multi Family

  • Length of Lease: 12 Months

MLS Schools

  • School District: Melvindale Allen Pk

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 31, 2019
Sold by
Tradekey Homes Inc
Bought by
Lad Investment Properties Llc
Current Estimated Value
$107,289

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,755,600
Interest Rate
3.6%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Dec 27, 2018
Sold by
Tully Francis
Bought by
Tradekey Homes Inc

Purchase Details

Listed on
Jun 30, 2015
Closed on
Sep 11, 2015
Sold by
Secretary Of Housing & Urban Development
Bought by
Tully Francis
Seller's Agent
Ronald La Casse
Brookstone, Realtors LLC
Buyer's Agent
Jane Simpson
Temporary Inactive Users
List Price
$20,000
Sold Price
$15,000
Premium/Discount to List
-$5,000
-25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.37%

Purchase Details

Closed on
Sep 17, 2014
Sold by
Bank Of America Na
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Feb 27, 2014
Sold by
Johnson Larry J
Bought by
Bank Of America Na

Purchase Details

Closed on
Feb 7, 2000
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
Lad Investment Properties Llc -- Michigan Title Ins Agcy Inc
Tradekey Homes Inc $20,000 Michigan Title Ins Agency In
Tully Francis $15,000 Devon Title Agency
The Secretary Of Housing & Urban Develop -- Attorney
Bank Of America Na $14,250 None Available
-- $63,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lad Investment Properties Llc $2,418,600
Closed Lad Investment Properties Llc $1,755,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2021 08/04/21 Rented $1,000 0.0% --
08/03/2021 08/03/21 Under Contract -- -- --
07/30/2021 07/30/21 For Rent $1,000 0.0% --
09/14/2015 09/14/15 Sold $15,000 -25.0% $21 / Sq Ft
08/25/2015 08/25/15 Pending -- -- --
06/30/2015 06/30/15 For Sale $20,000 -- $28 / 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 $1,160 $51,600 $0 $0
2024 $1,160 $43,900 $0 $0
2023 $1,103 $37,800 $0 $0
2022 $1,773 $33,900 $0 $0
2021 $1,718 $30,000 $0 $0
2020 $1,708 $23,100 $0 $0
2019 $1,602 $19,300 $0 $0
2018 $758 $18,800 $0 $0
2017 $941 $19,200 $0 $0
2016 $1,202 $18,000 $0 $0
2015 $1,636 $16,500 $0 $0
2013 $1,600 $16,700 $0 $0
2012 $1,630 $16,300 $3,100 $13,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2210061744

Realcomp

APN: 47-004-01-0740-002