NOT LISTED FOR SALE

40320 Edison Lake Rd Romulus, MI 48174

Estimated Value: $181,000 - $229,000

3 Beds
1 Bath
1,040 Sq Ft
$190/Sq Ft Est. Value

About This Home

This home is located at 40320 Edison Lake Rd, Romulus, MI 48174 and is currently estimated at $197,268, approximately $189 per square foot. 40320 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
Aug 2, 2022
Sold by
Frances Murphy Dolores
Bought by
Richardson Janet and Richardson Gregory D
Current Estimated Value
$197,268

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,337
Outstanding Balance
$138,199
Interest Rate
5.7%
Mortgage Type
FHA
Estimated Equity
$59,069

Purchase Details

Closed on
Apr 7, 2009
Sold by
Rathwell Dolores and Estate Of Cecelia M Broda
Bought by
Rathwell Dolores
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Richardson Janet -- None Listed On Document
Rathwell Dolores -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Richardson Janet $144,337
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 $1,435 $69,800 $0 $0
2024 $1,394 $66,800 $0 $0
2023 $1,330 $62,400 $0 $0
2022 $1,848 $58,000 $0 $0
2021 $1,666 $60,200 $0 $0
2020 $1,646 $57,100 $0 $0
2019 $1,618 $55,600 $0 $0
2018 $818 $48,400 $0 $0
2017 $1,512 $45,600 $0 $0
2016 $1,373 $43,500 $0 $0
2015 $4,217 $42,800 $0 $0
2013 $4,086 $41,500 $0 $0
2010 -- $39,700 $0 $0
Source: Public Records

Map

Michigan Wayne County Romulus 48111

40320 Edison Lake Rd, Romulus, MI

Not Listed for Sale

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.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.