NOT LISTED FOR SALE

5048 Belmont St HamtraMcK, MI 48212

Estimated Value: $110,000 - $166,000

2 Beds
1 Bath
1,290 Sq Ft
$105/Sq Ft Est. Value

Last Sold April 25, 2024

Last sale price $105,000 $81 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $790/month

37 Days on Market

Highlights

  • No HOA
  • Bungalow
  • Forced Air Heating System

About This Home

As of April 2024

*PRICE REDUCTION - MOTIVATED SELLER* Welcome to 5048 Belmont - Your cozy bungalow home nestled in the heart of Hamtramck! Located within walking distance of many schools, restaurants and local businesses. Step inside to discover a warm atmosphere complemented by new flooring and fresh paint throughout. This well-maintained property features a new kitchen, bathroom, hot water tank and roof, ensuring peace of mind for years to come. A perfect home for those seeking comfort and convenience. Don't miss out on the opportunity to make this home yours. Schedule a showing today!

Last Agent to Sell the Property

MD Ahmed

Amin Realty License #6501423833 Listed on: 03/12/2024

Last Buyer's Agent

Golam Kibria

License #6501454780

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1930 | Remodeled in 2024

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 30.00 x 135.00

Home Design

  • Bungalow
  • Vinyl Construction Material

Interior Spaces

  • 1,290 Sq Ft Home
  • 1.5-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Location

  • Ground Level

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Shipman Subdivision

Listing and Financial Details

  • Assessor Parcel Number 41008020090302

Home Details

Home Type

Single Family

Est. Annual Taxes

$806

Year Built

Built in 1930 | Remodeled in 2024

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Year Built: 1930
  • State Equalized Value: 52400.0000
  • Year Renovated: 2024
  • Entry Location: Ground Level w/Steps
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 7
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Sq Ft Combined: 1290
  • Total Sq Ft: 1290

Exterior Features

  • Foundation Details: Crawl
  • Construction Materials: Vinyl
  • Frontage Feet: 15
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: No Garage

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Hamtramck

Lot Info

  • Lot Size Area: 0.09
  • Lot Dimensions: 30.00 x 135.00
  • Parcel Number: 41008020090302

Tax Info

  • Tax Amount Summer: 718.0000
  • Tax Amount Winter: 88.0000
  • Total Tax: 806.0000
  • Taxable Value: 13279.0000

MLS Schools

  • School District: Hamtramck

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2024
Closed on
Apr 25, 2024
Sold by
Legacy Buyers Llc
Bought by
Islam
Seller's Agent
MD Ahmed
Amin Realty
Buyer's Agent
Golam Kibria
List Price
$115,000
Sold Price
$105,000
Premium/Discount to List
-$10,000
-8.7%
Views
76
Current Estimated Value
$135,470

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,470
Avg. Annual Appreciation
21.29%
Original Mortgage
$89,250
Outstanding Balance
$88,049
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$47,421

Purchase Details

Closed on
Oct 31, 2023
Sold by
Merta Matthew F
Bought by
Legacy Buyers Llc

Purchase Details

Closed on
Aug 27, 2003
Sold by
Kimbrough Rosebud
Bought by
Merta Matthew F
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
Islam $105,000 Detroit Metro Title
Legacy Buyers Llc $25,000 Speedy Title & Escrow Services
Legacy Buyers Llc $25,000 Speedy Title & Escrow Services
Merta Matthew F $49,000 Title First Agency Michigan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Islam $89,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2024 04/25/24 Sold $105,000 -8.7% $81 / Sq Ft
04/18/2024 04/18/24 Pending -- -- --
03/12/2024 03/12/24 For Sale $115,000 -- $89 / 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 $620 $67,800 $0 $0
2024 $620 $60,900 $0 $0
2023 $718 $52,400 $0 $0
2022 $615 $40,100 $0 $0
2021 $696 $37,500 $0 $0
2020 $691 $31,700 $0 $0
2019 $685 $25,700 $0 $0
2018 $525 $17,100 $0 $0
2017 $284 $13,000 $0 $0
2016 $649 $11,400 $0 $0
2015 $1,120 $11,200 $0 $0
2013 $1,140 $11,400 $0 $0
2012 $600 $12,700 $2,200 $10,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20240015704

Realcomp

APN: 41-008-02-0090-302