NOT LISTED FOR SALE

47349 Rail Dr Shelby Township, MI 48315

Estimated Value: $571,333 - $662,000

4 Beds
3 Baths
3,418 Sq Ft
$183/Sq Ft Est. Value

About This Home

This home is located at 47349 Rail Dr, Shelby Township, MI 48315 and is currently estimated at $625,333, approximately $182 per square foot. 47349 Rail Dr is a home located in Macomb County with nearby schools including Browning Elementary School, Bemis Junior High School, and Henry Ford II High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 10, 2010
Sold by
Francis Ieman and Afram Ieman
Bought by
Francis Peter
Current Estimated Value
$625,333

Purchase Details

Closed on
Feb 10, 2005
Sold by
Wain Peter L and Wain Rita M
Bought by
Leman Francis Peter and Leman Francis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,000
Interest Rate
5.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 4, 1997
Sold by
Edwards K and Edwards M
Bought by
Wain P and Wain R

Purchase Details

Closed on
Aug 16, 1995
Sold by
Cheval Homes
Bought by
Edwards Kenneth R and Edwards Martha J
Source: Public Records

Range of Values:

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.

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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
Francis Peter $262,500 Continental Title Agency
Leman Francis Peter $345,000 Fatco
Wain P $317,000 --
Edwards Kenneth R $274,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Francis Peter $206,000
Closed Francis Peter $104,000
Previous Owner Leman Francis Peter $276,000
Previous Owner Wain Peter L $311,400
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 $5,223 $267,000 $0 $0
2024 $3,091 $264,600 $0 $0
2023 $2,928 $237,000 $0 $0
2022 $2,847 $200,400 $0 $0
2021 $4,594 $191,700 $0 $0
2020 $2,695 $186,000 $0 $0
2019 $4,206 $181,500 $0 $0
2018 $4,155 $167,300 $0 $0
2017 $4,080 $160,700 $33,350 $127,350
2016 $4,051 $160,700 $0 $0
2015 $3,993 $152,150 $0 $0
2013 $2,242 $135,550 $0 $0
Source: Public Records

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