NOT LISTED FOR SALE

3626 Farnum St Inkster, MI 48141

Estimated Value: $86,000 - $180,000

4 Beds
1.5 Baths
1,366 Sq Ft
$102/Sq Ft Est. Value

Last Sold March 21, 2023

Last sale price $61,000 $45 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $1,095/month

50 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Forced Air Heating System
  • Ground Level Unit
  • 4 Car Detached Garage

About This Home

As of March 2023

CHECK OUT THIS FOUR BEDROOM, 1.5 BATH COLONIAL. THIS HOME OFFERS A GREAT INVESTMENT OPPORTUNITY. LARGE EAT IN KITCHEN, HUGE REAR YARD WITH OVERSIZED DETACHED GARAGE. THIS IS AN AS-IS SALE, BUYER TO ASSUME ALL CITY OF INKSTER SALE INSPECTION, AND SIGN LETTER OF RESPONSIBILITY FOR ALL REQUIRED REPAIRS. ALL INFORMATION IS ESTIMATED, BUYER/BUYER'S AGENT TO VERIFY ALL INFORMATION PRIOR TO CLOSING.

Last Agent to Sell the Property

Michael Shannon

Metropolitan Real Estate License #6502375628 Listed on: 01/04/2023

Last Buyer's Agent

Mohamed Sobh

Ace of Real Estate LLC License #RCO-6502426338

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1970

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 60.00 x 135.00

Parking

  • 4 Car Detached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Composition Roof

Interior Spaces

  • 1,366 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Location

  • Ground Level Unit

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 44013040187000

Home Details

Home Type

Single Family

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Assessment: 166.00
  • Year Built: 1970
  • State Equalized Value: 36200.0000
  • Entry Location: Ground Level
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Room Count: 9
  • Total Bedrooms: 4
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 1366
  • Total Sq Ft: 1366
  • Sq Ft Total Bsmt: 683

Exterior Features

  • Roof Material: Composition
  • Foundation Details: Basement
  • Construction Materials: Aluminum, Brick
  • Foundation Materials: Block
  • Frontage Feet: 60
  • Road Frontage Type: Paved
  • Sideof Street: W

Garage/Parking

  • Garage Size: 4 Car
  • Garage Features: Detached
  • Garage: Yes

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

  • Homestead: Yes
  • List Price per Acre: 326315.7800
  • Lot Size Area: 0.19
  • Lot Dimensions: 60.00 x 135.00
  • Parcel Number: 44013040187000

Tax Info

  • Tax Amount Summer: 2347.0000
  • Tax Amount Winter: 660.0000
  • Total Tax: 3007.0000
  • Taxable Value: 36200.0000

MLS Schools

  • School District: Romulus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 1, 2023
Sold by
Brennan Alan
Bought by
Seward Property Management Llc
Current Estimated Value
$139,078

Purchase Details

Listed on
Jan 4, 2023
Closed on
Mar 8, 2023
Sold by
Reo Trust
Bought by
Brennan Alan
Seller's Agent
Michael Shannon
Metropolitan Real Estate
Buyer's Agent
Mohamed Sobh
Ace of Real Estate LLC
List Price
$69,900
Sold Price
$61,000
Premium/Discount to List
-$8,900
-12.73%
Views
464

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
40.74%

Purchase Details

Closed on
Mar 12, 2020
Sold by
Steed Melvin and Household Finance Corporation
Bought by
U S Bank National Association and Cim Trust 2016 2

Purchase Details

Closed on
Jul 29, 1999
Sold by
Folks Erma L and Folks Robert E
Bought by
Steed Melvin
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
Seward Property Management Llc -- None Listed On Document
Brennan Alan $61,000 None Listed On Document
Reo Trust -- None Listed On Document
U S Bank National Association $38,213 None Available
Steed Melvin $63,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Steed Melvin $108,656
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2023 03/21/23 Sold $61,000 -1.6% $45 / Sq Ft
02/23/2023 02/23/23 Pending -- -- --
02/09/2023 02/09/23 Price Changed $62,000 -11.3% $45 / Sq Ft
01/04/2023 01/04/23 For Sale $69,900 -- $51 / 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 $4,049 $74,500 $0 $0
2024 $4,049 $55,300 $0 $0
2023 $2,391 $44,000 $0 $0
2022 $3,345 $36,200 $0 $0
2021 $1,988 $32,400 $0 $0
2020 $1,625 $28,400 $0 $0
2019 $1,618 $24,200 $0 $0
2018 $1,105 $20,400 $0 $0
2017 $829 $19,800 $0 $0
2016 $1,577 $17,900 $0 $0
2015 $2,120 $21,200 $0 $0
2013 $2,970 $29,700 $0 $0
2012 $1,942 $33,700 $3,200 $30,500
Source: Public Records

Agents Affiliated with this Home

  • Michael Shannon

    Seller's Agent in 2023

    Michael Shannon

    Metropolitan Real Estate

    (313) 903-2083

    12 in this area

    80 Total Sales

    Michael Shannon
    Section Image
  • Mohamed Sobh

    Buyer's Agent in 2023

    Mohamed Sobh

    Ace of Real Estate LLC

    (313) 703-0093

    6 in this area

    58 Total Sales

    Mohamed Sobh
    Section Image
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Map

Source: Realcomp

MLS Number: 20230000983

Realcomp

APN: 44-013-04-0187-000

Michigan Wayne County Inkster 48141

3626 Farnum St, Inkster, MI

This home is located at 3626 Farnum St, Inkster, MI 48141 since 04 January 2023 and is currently estimated at $139,078, approximately $101 per square foot. This property was built in 1970. 3626 Farnum St is a home located in Wayne County with nearby schools including Romulus Elementary School, Romulus Middle School, and Romulus Senior High School.

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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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