NOT LISTED FOR SALE

3518 2nd St Wayne, MI 48184

Estimated Value: $202,000 - $283,000

-- Bed
4 Baths
2,720 Sq Ft
$89/Sq Ft Est. Value

Last Sold October 30, 2012

Last sale price $40,200 $15 Per Sq Ft

Est. 500% increase in value since last sale

Current estimated payment $1,616/month

8 Days on Market

About This Home

As of October 2012

This home is located at 3518 2nd St, Wayne, MI 48184 since 11 July 2012 and is currently estimated at $241,118, approximately $88 per square foot. This property was built in 1927. 3518 2nd St is a home located in Wayne County with nearby schools including Roosevelt/Mcgrath Elementary School, Benjamin Franklin Middle School, and Adams Middle School.

Last Agent to Sell the Property

Marygrace Liparoto

RE/MAX Home Sale Services License #6506044642 Listed on: 07/11/2012

Last Buyer's Agent

No Member

Non Member Sales

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1927

Lot Details

  • 3,920

Community Details

  • 4 Units

Listing and Financial Details

  • REO, home is currently bank or lender owned

Property Details

Home Type

Multi-Family

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • Year Built: 1927
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • Tax Info:Annual Property Tax: 4780.0
  • Tax Info:Zoning3: Res
  • General Property Info:Total _pound_ Units: 4
  • Sale Conditions:REOBank Owned: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Materials: Block
  • List Price: 31500.0

Lot Info

  • Zoning Description: Res
  • ResoLotSizeUnits: Acres

Multi Family

  • Number of Units Total: 4

Tax Info

  • Tax Annual Amount: 4780.0
  • Tax Year: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 19, 2025
Sold by
Radamis Kathryn C and Oesterwind Donald J
Bought by
Second Street Apartment Llc
Current Estimated Value
$241,118

Purchase Details

Listed on
Jul 11, 2012
Closed on
Oct 22, 2012
Sold by
Federal Deposit Insurance Corporation
Bought by
The Huntington National Bank
Seller's Agent
Marygrace Liparoto
RE/MAX Home Sale Services
Buyer's Agent
No Member
Non Member Sales
List Price
$31,500
Sold Price
$40,200
Premium/Discount to List
$8,700
27.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.79%

Purchase Details

Closed on
Nov 4, 2011
Sold by
Faitel Ronald A
Bought by
Community Bank Mortgage Inc

Purchase Details

Closed on
Jun 29, 2001
Sold by
Day Un S
Bought by
Faitel Ronald A

Purchase Details

Closed on
Dec 22, 1998
Sold by
Jmerkel William
Bought by
Sday Un
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
Second Street Apartment Llc -- None Listed On Document
Second Street Apartment Llc -- None Listed On Document
The Huntington National Bank -- Hbi Title Services Inc
Community Bank Mortgage Inc -- None Available
Faitel Ronald A $170,000 --
Sday Un $152,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/30/2012 10/30/12 Sold $40,200 0.0% $15 / Sq Ft
10/30/2012 10/30/12 Sold $40,200 +27.6% $15 / Sq Ft View Prior Sale
09/21/2012 09/21/12 Pending -- -- --
07/19/2012 07/19/12 Pending -- -- --
07/11/2012 07/11/12 For Sale $31,500 -70.0% $12 / Sq Ft
12/16/2011 12/16/11 For Sale $105,000 -- $39 / Sq Ft
Source: Southwestern Michigan Association of REALTORS®

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 $4,105 $106,900 $0 $0
2024 $4,105 $98,100 $0 $0
2023 $3,916 $102,300 $0 $0
2022 $4,522 $87,900 $0 $0
2021 $4,418 $81,200 $0 $0
2020 $5,107 $71,600 $0 $0
2019 $3,555 $67,000 $0 $0
2018 $3,385 $60,900 $0 $0
2017 $1,508 $59,400 $0 $0
2016 $4,175 $55,100 $0 $0
2015 $5,161 $53,400 $0 $0
2013 $5,020 $51,300 $0 $0
2012 -- $52,900 $8,700 $44,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23063189

Southwestern Michigan Association of REALTORS®

APN: 55-003-10-0042-000