NOT LISTED FOR SALE

40315 Edison Lake Rd Romulus, MI 48174

Estimated Value: $281,000 - $437,000

5 Beds
2 Baths
2,096 Sq Ft
$168/Sq Ft Est. Value

About This Home

This home is located at 40315 Edison Lake Rd, Romulus, MI 48174 and is currently estimated at $352,576, approximately $168 per square foot. 40315 Edison Lake Rd is a home located in Wayne County with nearby schools including Edgemont Elementary School, Owen Intermediate School, and McBride Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 25, 2011
Sold by
Bac Home Loans Servicing Lp
Bought by
Federal National Mortgage Association
Current Estimated Value
$352,576

Purchase Details

Closed on
Feb 16, 2011
Sold by
Murphy James A and Jarrell Richard A
Bought by
Bac Home Loans Servicing Lp

Purchase Details

Closed on
Dec 1, 2004
Sold by
Reynolds Jerry O and Reynolds Arlene I
Bought by
Murphy James A
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Federal National Mortgage Association -- None Available
Bac Home Loans Servicing Lp $180,471 None Available
Murphy James A $200,000 Transnation Title
Source: Public Records

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 $2,284 $161,300 $0 $0
2024 $2,284 $151,800 $0 $0
2023 $2,180 $146,200 $0 $0
2022 $3,559 $136,100 $0 $0
2021 $3,495 $125,900 $0 $0
2020 $3,453 $118,700 $0 $0
2019 $3,394 $115,300 $0 $0
2018 $1,716 $103,500 $0 $0
2017 $3,173 $98,300 $0 $0
2016 $2,880 $93,300 $0 $0
2015 $8,847 $94,300 $0 $0
2013 $8,571 $87,500 $0 $0
2010 -- $82,000 $0 $0
Source: Public Records

Map

Michigan Wayne County Romulus 48174

40315 Edison Lake Rd, Romulus, MI

This home is located at 40315 Edison Lake Rd, Romulus, MI 48174 and is currently estimated at $352,576, approximately $168 per square foot. 40315 Edison Lake Rd is a home located in Wayne County with nearby schools including Edgemont Elementary School, Owen Intermediate School, and McBride Middle School.

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