NOT LISTED FOR SALE

3509 Farnum St Inkster, MI 48141

Estimated Value: $89,000 - $160,000

3 Beds
1 Bath
1,025 Sq Ft
$127/Sq Ft Est. Value

Last Sold March 29, 2020

Last sale price $25,000 $24 Per Sq Ft

Est. 401% increase in value since last sale

Current estimated payment $839/month

16 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Forced Air Heating System

About This Home

As of March 2020

**Great 1 level Ranch ** available as of 3/11/2020… 3 bedroom 1 bath. Solid Brick HIGH ROI Investment. Great opportunity, Call Now to schedule your private showing. Minor repairs needed, great location, lots of potential...

Last Agent to Sell the Property

Michael Krausman

Luxury Living Real Estate License #6501204251 Listed on: 03/11/2020

Last Buyer's Agent

Chantel Piggee

Supreme Management, LLC License #6501384891

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1970

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 60.00x130.00

Home Design

  • 1,025 Sq Ft Home
  • Ranch Style House
  • Brick Exterior Construction
  • Poured Concrete

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Location

  • Ground Level

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Unfinished Basement

Community Details

  • No Home Owners Association
  • David Griffin Urban Renewal Replat Subdivision

Listing and Financial Details

  • Assessor Parcel Number 44013040066000

Home Details

Home Type

Single Family

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Assessment: 81
  • Year Built: 1970
  • State Equalized Value: 20500.0000
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 6
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 1025
  • Total Sq Ft: 1025
  • Sq Ft Total Bsmt: 1000

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Aluminum, Brick
  • Foundation Materials: Poured
  • Frontage Feet: 60
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: No Garage

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: Romulus

Lot Info

  • List Price per Acre: 166111.1111
  • Lot Size Area: 0.18
  • Lot Dimensions: 60.00X130.00
  • Parcel Number: 44013040066000

Tax Info

  • Tax Amount Summer: 1136.0000
  • Tax Amount Winter: 557.0000
  • Total Tax: 1693.0000
  • Taxable Value: 16244.0000

MLS Schools

  • School District: Romulus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2020
Closed on
Mar 27, 2020
Sold by
Legion Cassandra L and Legion Michael E
Bought by
Davis Ramon
Seller's Agent
Michael Krausman
Luxury Living Real Estate
Buyer's Agent
Chantel Piggee
Supreme Management, LLC
List Price
$29,900
Sold Price
$25,000
Premium/Discount to List
-$4,900
-16.39%
Current Estimated Value
$125,135

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,135
Avg. Annual Appreciation
36.52%

Purchase Details

Closed on
Nov 18, 2016
Sold by
Legion Cassandra Lynn
Bought by
Legion Michael Eddie

Purchase Details

Closed on
Dec 1, 2012
Sold by
Good Samaritan Group Llc
Bought by
Legion Michael E and Legion Cassandra L

Purchase Details

Closed on
Nov 16, 2012
Sold by
Wayne County Treasurer
Bought by
Good Samaritan Group Llc
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
Davis Ramon $23,000 Core Title Llc
Legion Michael Eddie -- None Available
Legion Michael E -- None Available
Good Samaritan Group Llc $3,905 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2020 03/29/20 Sold $25,000 -16.4% $24 / Sq Ft
03/11/2020 03/11/20 For Sale $29,900 -- $29 / 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 $1,842 $62,700 $0 $0
2024 $1,842 $46,500 $0 $0
2023 $1,835 $37,100 $0 $0
2022 $2,337 $30,600 $0 $0
2021 $2,400 $27,400 $0 $0
2020 $1,436 $24,000 $0 $0
2019 $1,841 $20,500 $0 $0
2018 $1,115 $17,700 $0 $0
2017 $1,021 $17,300 $0 $0
2016 $1,673 $15,600 $0 $0
2015 $1,980 $19,800 $0 $0
2013 $2,770 $27,700 $0 $0
2012 $2,444 $31,400 $3,600 $27,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2200020141

Realcomp

APN: 44-013-04-0066-000