NOT LISTED FOR SALE

4048 Niagara St Wayne, MI 48184

Estimated Value: $149,000 - $165,000

3 Beds
1 Bath
1,072 Sq Ft
$144/Sq Ft Est. Value

Last Sold June 29, 2020

Last sale price $89,900 $84 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $1,002/month

349 Days on Market

Highlights

  • No HOA
  • Bungalow
  • High Speed Internet
  • Porch
  • Forced Air Heating System
  • 5-minute walk to Avondale Park

About This Home

As of June 2020

VIRTUAL OPEN HOUSE 4/11 FROM 9:00AM UNTIL 9:00 PM! CHECK OUT THIS BEAUTIFUL 3 BEDROOM BUNGALOW IN WAYNE. PERFECT FOR THE FIRST TIME HOME BUYER OR INVESTOR. THE SELLER IS ALSO WILLING TO SELL IT UNDER LAND CONTRACT TERMS. THE BUYER MUST SHOW PROOF OF FUNDS.SELLER IS LOOKING FOR 30% DOWN, 3 YEAR CONTRACT @ 7% INTEREST WITH BALLOON PAYMENT AT THE END.( THIS IS ALL NEGOTIABLE ) THIS BUNGALOW IS IN A GREAT FAMILY NEIGHBORHOOD,WALKING DISTANCE TO TAFT OPTIMIST PARK, TAFT GALLOWAY ELEMENTARY AND BEAUMONT HOSPITAL.HURRY ON THIS ONE! IT WON'T LAST LONG.

Last Agent to Sell the Property

Dean Lundberg

Preferred, Realtors® Ltd License #6501306440 Listed on: 06/12/2019

Preferred, Realtors® Ltd

Last Buyer's Agent

Benajmin Mungai

EXP Realty LLC License #RCO-5401349069

EXP Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1943

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 40x135

Home Design

  • Bungalow
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 1,072 Sq Ft Home
  • 1.5-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Exterior Lighting
  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Avondale Sub No 2 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 55021010500303
  • $2,697 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,890

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Year Built: 1943
  • State Equalized Value: 29000.0000
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail
  • Room Count: 6
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 1072
  • Total Sq Ft: 1072
  • Sq Ft Total Bsmt: 715

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Aluminum
  • Exterior Features: Lighting
  • Foundation Materials: Block
  • Frontage Feet: 40
  • Porch Type: Porch
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Wayne-Westland

Lot Info

  • Lot Size Area: 0.12
  • Lot Dimensions: 40x135
  • Parcel Number: 55021010500303

Rental Info

  • Deposit Amount: 35000.00

Tax Info

  • Tax Amount Summer: 1638.0000
  • Tax Amount Winter: 252.0000
  • Total Tax: 1890.0000
  • Taxable Value: 25823.0000

MLS Schools

  • School District: Wayne-Westland

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2019
Closed on
Jun 29, 2020
Sold by
Ritz Fred and Murphy Kevin P
Bought by
Werth Michael
Seller's Agent
Dean Lundberg
Preferred, Realtors® Ltd
Buyer's Agent
Benajmin Mungai
EXP Realty LLC
List Price
$99,900
Sold Price
$89,900
Premium/Discount to List
-$10,000
-10.01%
Current Estimated Value
$154,608

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,708
Avg. Annual Appreciation
10.77%

Purchase Details

Closed on
Nov 2, 2004
Sold by
Ritz Fred and Ritz Denise L
Bought by
Ritz Fred

Purchase Details

Closed on
May 19, 2004
Sold by
Mortgage Electronic Registration Systems
Bought by
Washington Mutual Bank Fa

Purchase Details

Closed on
Jul 30, 2003
Sold by
Dew Samuel
Bought by
Mortgage Electronic Registration Systems

Purchase Details

Closed on
Jul 20, 1999
Sold by
Calhoun Tria J Mason
Bought by
Ward Patrick 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
Werth Michael $89,900 Title One Inc
Ritz Fred -- --
Washington Mutual Bank Fa -- --
Mortgage Electronic Registration Systems $93,091 --
Ward Patrick A -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/29/2020 06/29/20 Sold $89,900 -10.0% $84 / Sq Ft
05/26/2020 05/26/20 Pending -- -- --
11/18/2019 11/18/19 Price Changed $99,900 -7.4% $93 / Sq Ft
10/01/2019 10/01/19 Price Changed $107,900 +8.0% $101 / Sq Ft
06/12/2019 06/12/19 For Sale $99,900 -- $93 / 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 $2,185 $64,700 $0 $0
2024 $2,185 $60,600 $0 $0
2023 $2,085 $49,600 $0 $0
2022 $2,389 $44,000 $0 $0
2021 $2,506 $41,500 $0 $0
2020 $2,383 $37,900 $0 $0
2019 $1,722 $35,700 $0 $0
2018 $1,639 $29,000 $0 $0
2017 $504 $28,500 $0 $0
2016 $1,911 $26,900 $0 $0
2015 $2,499 $26,000 $0 $0
2013 $2,600 $27,100 $0 $0
2012 -- $28,700 $6,600 $22,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 219056436

Realcomp

APN: 55-021-01-0500-303