NOT LISTED FOR SALE

38540 Meghan Ln Unit 81 Westland, MI 48185

Estimated Value: $322,000 - $427,000

4 Beds
3.5 Baths
2,300 Sq Ft
$171/Sq Ft Est. Value

Last Sold September 25, 2013

Last sale price $175,000 $76 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $2,504/month

66 Days on Market

Highlights

  • Cape Cod Architecture
  • No HOA
  • 2 Car Attached Garage
  • Frost Middle School Rated A
  • Porch
  • Patio

About This Home

As of September 2013

H&B DUE TUES, JULY 16TH @ 12PM. ALL THE WORK IS COMPLETED..TURN KEY CONDITION..GORGEOUS 4 BEDROOM, 3.1 BATH BRICK CAPE COD OFFERS GREAT RM W/ FP, KITCHEN,MASTER BEDROOD W/ FULL BATHROOM,FIRST FLOOR LAUNDRY.3 LARGE SIZE BEDROOOMS UPSTAIRS.. THIS IS A FANNIE MAE HOMEPATH PROPERTY. AS LITTLE AS 3% DOWN. APPROVED FOR HOMEPATH MRTG/RENV MORTGAGE FINANCING. SUBMIT OFFERS ON LINE AT HOMEPATH.COM INCLUDE OWNER OCC RIDER. *BUYER TO OBTAIN ANY CITY REQUIREMENTS

Last Agent to Sell the Property

Ralph Eskildsen

Century 21 Professionals Livonia License #6501312243 Listed on: 05/24/2013

Last Buyer's Agent

Krenar Fraholli

KW Professionals License #6501369097

KW Professionals

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1997

Lot Details

  • Lot Dimensions are 67x97

Parking

  • 2 Car Attached Garage

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2,300 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Great Room with Fireplace
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Patio
  • Exterior Lighting
  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Wayne County Condo Sub Plan No 316 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 56022010081000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,916

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Cape Cod
  • Architecture Level: 2 Story
  • Year Built: 1997
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Great Room
  • Room Count: 11
  • Total Bedrooms: 4
  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Partially Finished
  • Sq Ft Combined: 2300
  • Total Sq Ft: 2300

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: Lighting
  • Porch Type: Patio, Porch
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Attached
  • 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: Livonia

Lot Info

  • Lot Dimensions: 67X97
  • Parcel Number: 56022010081000

Tax Info

  • Tax Amount Summer: 2479.0000
  • Tax Amount Winter: 1437.0000
  • Total Tax: 3916.0000

MLS Schools

  • School District: Livonia

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 12, 2017
Sold by
Korcari Rivelino
Bought by
Korcari Xhensil
Total Days on Market
66
Current Estimated Value
$392,834

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Outstanding Balance
$44,249
Interest Rate
4.08%
Mortgage Type
Commercial
Estimated Equity
$365,214

Purchase Details

Listed on
May 24, 2013
Closed on
Sep 20, 2013
Sold by
Fannie Mae
Bought by
Korcari Rivelino and Korcari Xhensil
Seller's Agent
Ralph Eskildsen
Century 21 Professionals Livonia
Buyer's Agent
Krenar Fraholli
KW Professionals
List Price
$209,050
Sold Price
$175,000
Premium/Discount to List
-$34,050
-16.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.54%
Original Mortgage
$140,000
Outstanding Balance
$107,981
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$301,482

Purchase Details

Closed on
Jan 3, 2012
Sold by
Jpmorgan Chase Bank N A
Bought by
Fannie Mae and Federal National Mortgage Association

Purchase Details

Closed on
Apr 20, 2011
Sold by
Johnson Jean
Bought by
Chase Home Finance Llc
Source: Public Records

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Range of Values:

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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
Korcari Xhensil -- None Available
Fannie Mae -- None Available
Chase Home Finance Llc $136,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Korcari Rielino $50,000
Open Korcari Rivelino $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2013 09/25/13 Sold $175,000 -16.3% $76 / Sq Ft
07/29/2013 07/29/13 Pending -- -- --
05/24/2013 05/24/13 For Sale $209,050 -- $91 / 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
2024 $3,582 $172,200 $0 $0
2023 $3,420 $151,900 $0 $0
2022 $3,861 $133,200 $0 $0
2021 $3,763 $121,000 $0 $0
2020 $3,725 $113,100 $0 $0
2019 $3,548 $101,300 $0 $0
2018 $2,887 $90,300 $0 $0
2017 $1,103 $90,000 $0 $0
2016 $3,370 $90,200 $0 $0
2015 $6,896 $74,930 $0 $0
2013 $5,409 $61,950 $0 $0
2012 $3,493 $52,820 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 213049983

Realcomp

APN: 56-022-01-0081-000