NOT LISTED FOR SALE

38417 Wabash St Romulus, MI 48174

Estimated Value: $192,000 - $245,000

2 Beds
1 Bath
1,489 Sq Ft
$141/Sq Ft Est. Value

Last Sold December 18, 2023

Last sale price $160,000 $107 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $1,396/month

76 Days on Market

Highlights

  • Cape Cod Architecture
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System
  • No HOA

About This Home

As of December 2023

Welcome home. Home has had tons of updates in 2023. New roof on the house installed in 2023. Fresh paint thought-out the house and basement floor and walls in 2023. New driveway installed in 2023. New sewer line installed in 2023. New Apex fitting for plumbing installed in 2023. New planky floor and carpet installed in 2023. Ceramic tiles, new toilet, new vanity, new countertop, glazed tub in bathroom installed in 2023. All new bedroom and closets doors installed in 2023. New interior lights installed in 2023. Ground wire new panel box to water meter in 2023. Seller will provide a Certificate of Occupancy at closing.

Last Agent to Sell the Property

Rabia Khan

Emerald Realty Group Inc License #6502391172 Listed on: 09/13/2023

Last Buyer's Agent

Virginia Bell

C Miles Realty LLC License #6501435641

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1940

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 54.00 x 161.00

Parking

  • 2 Car Detached Garage

Home Design

  • Cape Cod Architecture
  • Vinyl Construction Material

Interior Spaces

  • 1,489 Sq Ft Home
  • 1.5-Story Property
  • Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Location

  • Ground Level

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Seymour And Troesters Sylvan Woods Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 80118010001001
  • $4,800 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,490

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Cape Cod
  • Architecture Level: 1 1/2 Story
  • Year Built: 1940
  • State Equalized Value: 72700.0000
  • Entry Location: Ground Level w/Steps
  • AgentOnly_ListPriceByAcre: 799500.0000
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Total Sq Ft: 1489

Exterior Features

  • Foundation Details: Michigan Basement
  • Construction Materials: Vinyl
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Detached
  • Garage: Yes

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Lot Size Area: 0.20
  • Lot Dimensions: 54.00 x 161.00
  • Parcel Number: 80118010001001

Tax Info

  • Tax Amount Summer: 1198.0000
  • Tax Amount Winter: 292.0000
  • Total Tax: 1490.0000
  • Taxable Value: 27999.0000

MLS Schools

  • School District: Romulus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2023
Closed on
Dec 18, 2023
Sold by
Alf Assets Llc
Bought by
Smith Arthur and Smith Candice Marie
Seller's Agent
Rabia Khan
Emerald Realty Group Inc
Buyer's Agent
Virginia Bell
C Miles Realty LLC
List Price
$179,900
Sold Price
$160,000
Premium/Discount to List
-$19,900
-11.06%
Views
388
Current Estimated Value
$209,351

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,351
Avg. Annual Appreciation
13.66%
Original Mortgage
$157,102
Outstanding Balance
$150,531
Interest Rate
7.63%
Mortgage Type
FHA
Estimated Equity
$58,820

Purchase Details

Listed on
Dec 15, 2022
Closed on
Feb 28, 2023
Sold by
Deutsche Bank National Trust Company
Bought by
Alf Assets Llc
Seller's Agent
Lori Brown
Realhome Services and Solutions Inc
Buyer's Agent
Rabia Khan
Emerald Realty Group Inc
List Price
$130,400
Sold Price
$85,000
Premium/Discount to List
-$45,400
-34.82%
Views
95

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
120.48%

Purchase Details

Closed on
Mar 3, 2022
Sold by
Wayne County Sheriff
Bought by
Deutsche Bank National Trust Company and Argent Securities Inc

Purchase Details

Closed on
May 18, 2004
Sold by
Evitts Williadean and Evitts John J
Bought by
Hutcherson Robert Allan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Smith Arthur $160,000 Liberty Title
Smith Arthur $160,000 Liberty Title
Smith Arthur $160,000 Liberty Title
Alf Assets Llc $85,000 --
Deutsche Bank National Trust Company $102,219 Orlans Pc
Hutcherson Robert Allan $20,000 American Pioneer Title Insur
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Arthur $157,102
Closed Smith Arthur $157,102
Previous Owner Hutcherson Robert Allan $65,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/18/2023 12/18/23 Sold $160,000 +0.1% $107 / Sq Ft
11/28/2023 11/28/23 Pending -- -- --
10/23/2023 10/23/23 Price Changed $159,900 -5.9% $107 / Sq Ft
10/06/2023 10/06/23 Price Changed $169,900 -5.6% $114 / Sq Ft
09/13/2023 09/13/23 For Sale $179,900 +111.6% $121 / Sq Ft
02/28/2023 02/28/23 Sold $85,000 -13.2% $57 / Sq Ft View Prior Sale
02/10/2023 02/10/23 Pending -- -- --
01/30/2023 01/30/23 Price Changed $97,900 -14.0% $66 / Sq Ft
01/05/2023 01/05/23 Price Changed $113,800 -12.7% $77 / Sq Ft
12/15/2022 12/15/22 For Sale $130,400 -- $88 / Sq Ft
Source: Realcomp

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 $3,699 $90,500 $0 $0
2024 $3,683 $87,000 $0 $0
2023 $1,249 $75,300 $0 $0
2022 $1,490 $72,700 $0 $0
2021 $1,441 $71,100 $0 $0
2020 $1,413 $55,300 $0 $0
2019 $1,418 $49,500 $0 $0
2018 $904 $41,000 $0 $0
2017 $713 $40,900 $0 $0
2016 $1,196 $39,200 $0 $0
2015 $2,446 $30,800 $0 $0
2013 $2,370 $25,600 $0 $0
2012 $664 $25,000 $5,300 $19,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20230077689

Realcomp

APN: 80-118-01-0001-001