NOT LISTED FOR SALE

48055 Wear Rd Belleville, MI 48111

Sumpter Township Neighborhood

Estimated Value: $50,000 - $60,000

5.16 Acres
$10,553 Price per Acre
224,770 Sq Ft Lot

Last Sold October 21, 2020

Last sale price $40,000

Est. 36% increase in value since last sale

Current estimated payment $319/month

331 Days on Market

About This Lot

As of October 2020

Don't miss the opportunity to own this 5 acre parcel to build your next home. It is located in the Lincoln School District and has very wide frontage with city water and city gas at the road. Owner is a licensed realtor.

Last Agent to Sell the Property

Joyce Adams

Coldwell Banker Professionals License #6501296488 Listed on: 11/25/2019

Last Buyer's Agent

No Member

Non Member Sales

Property Details

Property Type

  • Land

Lot Details

  • 5.16 Acre Lot
  • Lot Dimensions are 175x1320
  • The property's road front is unimproved

Schools

  • Bishop Elementary School
  • Lincoln Middle School
  • Lincoln High School

Utilities

  • Septic Tank

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • ResoPropertyType: Land
  • General Property Info:Lot Dimensions: 175x1320
  • Tax Info:Annual Property Tax: 1229.0
  • Tax Info:Zoning3: RES
  • Utilities Attached:Septic: Yes
  • Utilities Attached:Public Water2: Yes
  • General Property Info Elementary School2: Bishop Elementary
  • General Property Info High School: Lincoln High School
  • General Property Info Middle School2: Lincoln Middle School
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • List Price: 65000.0
  • Road Surface Type: Unimproved

Utilities

  • Utilities: Septic Connected, Public Water Connected

Schools

  • Elementary School: Bishop Elementary
  • High School: Lincoln High School
  • Middle/Junior School: Lincoln Middle School

Lot Info

  • Lot Size Acres: 5.16
  • Lot Size Area: 5.16
  • Lot Dimensions: 175x1320
  • Lot Size Sq Ft: 224770.0
  • Zoning Description: RES
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1229.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 25, 2019
Closed on
Oct 6, 2020
Sold by
Nunlee Paulette
Bought by
Adams Joyce A
Seller's Agent
Joyce Adams
Coldwell Banker Professionals
Buyer's Agent
No Member
Non Member Sales
List Price
$65,000
Sold Price
$40,000
Premium/Discount to List
-$25,000
-38.46%
Current Estimated Value
$54,451

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,451
Avg. Annual Appreciation
6.74%

Purchase Details

Listed on
Nov 25, 2019
Closed on
Sep 26, 2020
Sold by
Eaddy Phyllis C
Bought by
Adams Joyce A
Seller's Agent
Joyce Adams
Coldwell Banker Professionals
Buyer's Agent
No Member
Non Member Sales
List Price
$65,000
Sold Price
$40,000
Premium/Discount to List
-$25,000
-38.46%

Purchase Details

Closed on
Nov 26, 2001
Sold by
Mixon Etta
Bought by
Adams Joyce A
Source: Public Records

Range of Values:

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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
Adams Joyce A -- None Available
Adams Joyce A -- None Available
Adams Joyce A -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2020 10/21/20 Sold $40,000 -38.5% --
10/21/2020 10/21/20 Pending -- -- --
11/25/2019 11/25/19 For Sale $65,000 -- --
Source: Southwestern Michigan Association of REALTORS®

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 $265 $25,800 $0 $0
2024 $265 $24,800 $0 $0
2023 $253 $21,600 $0 $0
2022 $767 $21,400 $0 $0
2021 $752 $19,900 $0 $0
2020 $714 $19,900 $0 $0
2019 $1,037 $19,900 $0 $0
2018 $213 $19,800 $0 $0
2017 $1,566 $19,800 $0 $0
2016 $957 $19,800 $0 $0
2015 $4,610 $46,100 $0 $0
2013 $5,906 $62,000 $0 $0
2012 $661 $58,500 $27,700 $30,800
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    Joyce Adams

    Coldwell Banker Professionals

    Section Image

  • N

    Buyer's Agent in 2020

    No Member

    Non Member Sales

See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23004

Southwestern Michigan Association of REALTORS®

APN: 81-080-99-0012-005

Michigan Wayne County Belleville 48111 Sumpter Township

48055 Wear Rd, Belleville, MI

This home is located at 48055 Wear Rd, Belleville, MI 48111 since 25 November 2019 and is currently estimated at $54,451. 48055 Wear Rd is a home located in Wayne County with nearby schools including Lincoln Senior High School.

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.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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