NOT LISTED FOR SALE

38825 Wade Rd Romulus, MI 48174

Estimated Value: $180,000 - $188,000

2 Beds
1 Bath
920 Sq Ft
$199/Sq Ft Est. Value

Last Sold February 24, 2022

Last sale price $130,000 $141 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $1,196/month

98 Days on Market

Highlights

  • 0.46 Acre Lot
  • Ground Level Unit
  • 2.5 Car Detached Garage
  • Ranch Style House
  • No HOA
  • Forced Air Heating System

About This Home

As of February 2022

COME TAKE A LOOK AT THIS VERY NICE 2 BEDROOM RANCH LOCATED IN ROMULUS!!
NEW ROOF
NEW WINDOWS
NEW HIGH EFFICIENCY FURNACE WITH CENTRAL AIR
ALL UPDATES WITHIN 5 YEARS AGO!!

VERY LARGE FENCED IN LOT WITH POOL. CLEAN AND QUIET NEIGHBORHOOD. ALTHOUGH THIS HOME HAS LOTS OF UPDATES IT WILL REQUIRE SOME MINOR WORK TO BE BROUGHT UP TO CODE. BUYER TO ASSUME CITY REPAIRS. BATVAI

DO NOT MISS YOUR OPPORTUNITY ON THIS.
SCHEDULE YOUR SHOWING TODAY!!!

Last Agent to Sell the Property

John Nehila

Star Properties Management Inc License #6501408024 Listed on: 11/14/2021

Last Buyer's Agent

Autumn Belhart

RE/MAX Classic License #6501424860

RE/MAX Classic

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1955

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 66.00x300.00

Parking

  • 2.5 Car Detached Garage

Home Design

  • Ranch Style House
  • Poured Concrete
  • Vinyl Construction Material

Interior Spaces

  • 920 Sq Ft Home
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Location

  • Ground Level Unit

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Harris Romulus Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 80119010021001
  • $500 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,858

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1955
  • State Equalized Value: 60900.0000
  • Entry Location: Ground Level
  • AgentOnly_ListPriceByAcre: 293260.8600
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Total Sq Ft: 920

Exterior Features

  • Foundation Details: Crawl
  • Construction Materials: Aluminum, Vinyl
  • Foundation Materials: Poured
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2.5 Car
  • Garage Features: Detached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Shared Septic (Common)
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.46
  • Lot Dimensions: 66.00X300.00
  • Parcel Number: 80119010021001

Tax Info

  • Tax Amount Summer: 1521.0000
  • Tax Amount Winter: 337.0000
  • Total Tax: 1858.0000
  • Taxable Value: 35759.0000

MLS Schools

  • School District: Romulus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2021
Closed on
Feb 24, 2022
Sold by
Marchel Mark T
Bought by
Meyer Kathryn
Seller's Agent
John Nehila
Star Properties Management Inc
Buyer's Agent
Autumn Belhart
RE/MAX Classic
List Price
$134,900
Sold Price
$130,000
Premium/Discount to List
-$4,900
-3.63%
Current Estimated Value
$183,218

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,218
Avg. Annual Appreciation
9.35%
Original Mortgage
$126,100
Outstanding Balance
$117,566
Interest Rate
3.89%
Estimated Equity
$65,652

Purchase Details

Listed on
Jun 3, 2013
Closed on
Sep 25, 2013
Sold by
Secretary Of Housing & Urban Development
Bought by
Marchel Mark T
Seller's Agent
David Reault
CENTURY 21 ROW
Buyer's Agent
Kandace Carter
CENTURY 21 ROW
List Price
$31,000
Sold Price
$48,174
Premium/Discount to List
$17,174
55.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.53%

Purchase Details

Closed on
Aug 24, 2012
Sold by
Bank Of America Na
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Feb 16, 2012
Sold by
Chamberlin Kari M and Bloodworth Steven A
Bought by
Bank Of America Na

Purchase Details

Closed on
May 15, 2008
Sold by
Wiedmann Daryl and Wiedmann Renee
Bought by
Chamberlin Kari M

Purchase Details

Closed on
Jul 25, 2003
Sold by
Wiedmann Daryl Robert and Wiedmann Renee N
Bought by
Wiedmann Daryl Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
5.69%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 1, 2001
Sold by
Mcghee Anna V
Bought by
Hawbaker Rnee N
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
Meyer Kathryn $130,000 None Listed On Document
Marchel Mark T $48,174 None Available
The Secretary Of Housing & Urban Develop -- None Available
Bank Of America Na $111,936 None Available
Chamberlin Kari M $97,000 None Available
Wiedmann Daryl Robert -- Devon Title Agency
Hawbaker Rnee N $73,250 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meyer Kathryn $126,100
Previous Owner Wiedmann Daryl Robert $84,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/24/2022 02/24/22 Sold $130,000 -3.6% $141 / Sq Ft
02/21/2022 02/21/22 Pending -- -- --
11/14/2021 11/14/21 For Sale $134,900 +180.0% $147 / Sq Ft
09/30/2013 09/30/13 Sold $48,174 +55.4% $53 / Sq Ft View Prior Sale
06/12/2013 06/12/13 Pending -- -- --
06/03/2013 06/03/13 For Sale $31,000 -- $34 / 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 $2,836 $72,900 $0 $0
2024 $2,849 $67,300 $0 $0
2023 $2,775 $65,300 $0 $0
2022 $1,943 $61,400 $0 $0
2021 $1,902 $60,900 $0 $0
2020 $1,687 $46,800 $0 $0
2019 $1,693 $40,900 $0 $0
2018 $1,079 $34,500 $0 $0
2017 $852 $34,400 $0 $0
2016 $1,447 $34,900 $0 $0
2015 $2,960 $29,600 $0 $0
2013 $2,840 $30,800 $0 $0
2012 $778 $29,300 $5,300 $24,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2210095060

Realcomp

APN: 80-119-01-0021-001