NOT LISTED FOR SALE

3901 Madison St Dearborn Heights, MI 48125

Estimated Value: $156,000 - $221,000

3 Beds
1 Bath
1,308 Sq Ft
$151/Sq Ft Est. Value

Last Sold May 11, 2016

Last sale price $62,000 $47 Per Sq Ft

Est. 219% increase in value since last sale

Current estimated payment $1,214/month

1 Day on Market

Highlights

  • 1.5-Story Property
  • No HOA
  • Forced Air Heating and Cooling System
  • Corner Lot
  • Porch
  • 2 Car Garage

About This Home

As of May 2016

GREAT OPPORTUNITY FOR AN INVESTOR. LONG TERM TENANT WOULD PREFER TO STAY. AVAILABLE FOR OWNER OCCUPIED BY CLOSING DATE. LARGE KITCHEN, BEAUTIFUL FIREPLACE IN HUGE FAMILY ROOM. SOLID HOME HAS POTENTIAL TO BE GORGEOUS.

Last Agent to Sell the Property

Carla Hinsley

House N Home Realty, LLC License #6502411016 Listed on: 04/14/2016

Last Buyer's Agent

Carla Hinsley

House N Home Realty, LLC License #6502411016 Listed on: 04/14/2016

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1954

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 55.05x165.00
  • Fenced
  • Corner Lot

Parking

  • 2 Car Garage

Home Design

  • 1.5-Story Property
  • Brick Exterior Construction
  • Slab Foundation
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 1,308 Sq Ft Home
  • Gas Fireplace
  • Family Room with Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Porch

Utilities

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

Community Details

  • No Home Owners Association
  • Grindley Park Sub Dbn Hts Subdivision

Listing and Financial Details

  • Assessor Parcel Number 33046020431002

Home Details

Home Type

Single Family

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 1/2 Story
  • Year Built: 1954
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Fireplace: Yes
  • Fireplace Fuel: Natural
  • Fireplace Locations: Family Room
  • Room Count: 7
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Sq Ft Combined: 1308
  • Total Sq Ft: 1308

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Slab
  • Construction Materials: Brick
  • Exterior Features: Fenced
  • Foundation Materials: Poured
  • Frontage Feet: 55
  • Porch Type: Porch
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • 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: Dearborn Heights

Lot Info

  • List Price per Acre: 404761.9048
  • Lot Features: Corner Lot
  • Lot Size Area: 0.21
  • Lot Dimensions: 55.05X165.00
  • Parcel Number: 33046020431002

Tax Info

  • Tax Amount Summer: 1494.0000
  • Tax Amount Winter: 749.0000
  • Total Tax: 2243.0000

MLS Schools

  • School District: Dearborn Heights

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2016
Closed on
May 5, 2016
Sold by
Divincenzo Angela
Bought by
Nedzinskas Dalius
Seller's Agent
Carla Hinsley
House N Home Realty, LLC
Buyer's Agent
Carla Hinsley
House N Home Realty, LLC
List Price
$85,000
Sold Price
$62,000
Premium/Discount to List
-$23,000
-27.06%
Current Estimated Value
$197,865

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,865
Avg. Annual Appreciation
13.01%
Original Mortgage
$40,000
Outstanding Balance
$31,856
Interest Rate
3.59%
Mortgage Type
New Conventional
Estimated Equity
$162,158

Purchase Details

Listed on
Apr 14, 2016
Closed on
Apr 26, 2016
Sold by
Divincenzo John J
Bought by
Divincenzo Angela
Seller's Agent
Carla Hinsley
House N Home Realty, LLC
Buyer's Agent
Carla Hinsley
House N Home Realty, LLC
List Price
$85,000
Sold Price
$62,000
Premium/Discount to List
-$23,000
-27.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Outstanding Balance
$31,856
Interest Rate
3.59%
Mortgage Type
New Conventional
Estimated Equity
$162,158

Purchase Details

Closed on
Oct 27, 2010
Sold by
The James A Divincenzo Trust
Bought by
Divincenzo Angela

Purchase Details

Closed on
Oct 19, 2010
Sold by
Divincenzo John J
Bought by
Divincenzo John J and James A Divincenzo Trust

Purchase Details

Closed on
Aug 2, 2005
Sold by
Ballard Lee
Bought by
Divincenzio James A
Source: Public Records

Range of Values:

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Average Value
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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
Nedzinskas Dalius $62,000 Seaver Title Agency
Divincenzo Angela $28,000 Attorney
Divincenzo Angela -- Fidelity National Title
Divincenzo John J -- Fidelity National Title
Divincenzio James A $95,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nedzinskas Dalius $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2016 05/11/16 Sold $62,000 -27.1% $47 / Sq Ft
04/15/2016 04/15/16 Pending -- -- --
04/14/2016 04/14/16 For Sale $85,000 -- $65 / 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 $1,728 $94,800 $0 $0
2024 $1,728 $85,700 $0 $0
2023 $1,633 $73,900 $0 $0
2022 $2,260 $64,300 $0 $0
2021 $2,184 $56,400 $0 $0
2019 $2,123 $47,300 $0 $0
2018 $1,428 $40,000 $0 $0
2017 $1,280 $36,600 $0 $0
2016 $2,077 $34,600 $0 $0
2015 $3,200 $32,100 $0 $0
2013 $3,270 $33,300 $0 $0
2010 -- $41,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2016

    Carla Hinsley

    House N Home Realty, LLC

    (248) 217-4238

    49 Total Sales

    Carla Hinsley
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Map

Source: Realcomp

MLS Number: 216034726

Realcomp

APN: 33-046-02-0431-002

Michigan Wayne County Dearborn Heights 48124

3901 Madison St, Dearborn Heights, MI

This home is located at 3901 Madison St, Dearborn Heights, MI 48125 since 14 April 2016 and is currently estimated at $197,865, approximately $151 per square foot. This property was built in 1954. 3901 Madison St is a home located in Wayne County with nearby schools including Polk Elementary School, Bedford School, and Pardee 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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