NOT LISTED FOR SALE

40088 Edison Lake Rd Romulus, MI 48174

Estimated Value: $288,000 - $361,000

4 Beds
2 Baths
2,424 Sq Ft
$131/Sq Ft Est. Value

Sale Details

Date Sold: February 19, 2016

Last sale price $68,500 $28 Per Sq Ft

Est. 362% increase in value since last sale

Current estimated payment $1,835 / mo

81 Days on Market

Highlights

  • Deck
  • No HOA
  • Baseboard Heating
  • Raised Ranch Architecture
  • 1 Car Detached Garage
  • 3-minute walk to Turtle Cove

About This Home

As of February 2016

This is a Fannie Mae HomePath Property. Great location. 4 bedroom, 2 full bath Home. 2424 Square Foot. Over 1/2 acre Lot. Quiet no outlet street that is close to everything. Roomy and open floor plan. 4 large bedrooms. Upper and Lower level Great rooms. Large Den or Office. Deck. Detached garage for extra storage.

Last Agent to Sell the Property

Chuck Gorris

Help-U-Sell of Metro Detroit License #6502129763 Listed on: 11/09/2015

Co-Listed By

Mario Ferrante

Help-U-Sell of Metro Detroit License #6501242079

Last Buyer's Agent

Chuck Gorris

Help-U-Sell of Metro Detroit License #6502129763 Listed on: 11/09/2015

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1972

Lot Details

  • 23,522 Sq Ft Lot
  • Lot Dimensions are 100.00x235.43

Parking

  • 1 Car Detached Garage

Home Design

  • 2,424 Sq Ft Home
  • Raised Ranch Architecture
  • Bi-Level Home
  • Brick Exterior Construction
  • Block Foundation
  • Slab Foundation
  • Asphalt Roof

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Edison Lake Estates Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 83093010006000

Home Details

Home Type

Single Family

Year Built

Built in 1972

Lot Details

0.54 Acres

Listing Details

  • Property Type: Residential
  • Architecture Style: Raised Ranch
  • Architecture Level: Bi-Level
  • Year Built: 1972
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available
  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Total Sq Ft: 2424

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Slab
  • Construction Materials: Aluminum, Brick
  • Foundation Materials: Block
  • Porch Type: Deck
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 1 Car
  • Garage Features: Detached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Baseboard
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Homestead: Yes
  • List Price per Acre: 166481.4815
  • Lot Size Area: 0.54
  • Lot Dimensions: 100.00X235.43
  • Parcel Number: 83093010006000

Tax Info

  • Tax Amount Summer: 1323.0000
  • Tax Amount Winter: 1142.0000
  • Total Tax: 2465.0000

MLS Schools

  • School District: Van Buren

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 1, 2016
Sold by
Bluewater Home Development Llc
Bought by
Lowell David A and Lowell Melisas A
Current Estimated Value
$316,677

Purchase Details

Listed on
Nov 9, 2015
Closed on
Feb 18, 2016
Sold by
Fannie Mae
Bought by
Bluewater Home Development Llc
Seller's Agent
Chuck Gorris
Help-U-Sell of Metro Detroit
Buyer's Agent
Chuck Gorris
Help-U-Sell of Metro Detroit
List Price
$124,900
Sold Price
$68,500
Premium/Discount to List
-$56,400
-45.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.25%

Purchase Details

Closed on
Feb 28, 2013
Sold by
Pierson Roger R and Pierson Michelle Kay
Bought by
Federal National Mortgage Association
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
Lowell David A -- None Available
Bluewater Home Development Llc $68,500 Best Homes Title Agency Llc
Federal National Mortgage Association $85,656 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/19/2016 02/19/16 Sold $68,500 -45.2% $28 / Sq Ft
01/29/2016 01/29/16 Pending -- -- --
11/09/2015 11/09/15 For Sale $124,900 -- $52 / 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 $2,009 $138,100 $0 $0
2024 $1,952 $132,100 $0 $0
2023 $1,863 $123,300 $0 $0
2022 $3,021 $114,500 $0 $0
2021 $2,966 $105,300 $0 $0
2020 $2,960 $99,000 $0 $0
2019 $2,881 $96,000 $0 $0
2018 $1,456 $81,700 $0 $0
2017 $3,323 $76,000 $0 $0
2016 $3,501 $71,800 $0 $0
2015 $6,924 $71,100 $0 $0
2013 $6,707 $68,700 $0 $0
2010 -- $65,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2016

    Chuck Gorris

    Help-U-Sell of Metro Detroit

    Section Image

  • M

    Seller Co-Listing Agent in 2016

    Mario Ferrante

    Help-U-Sell of Metro Detroit

    Section Image
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Map

Source: Realcomp

MLS Number: 215120728

Realcomp

APN: 83-093-01-0006-000

Michigan Wayne County Romulus 48111

40088 Edison Lake Rd, Romulus, MI

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
Copyright 2026 Realcomp II Ltd. Shareholders
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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