NOT LISTED FOR SALE

547 Riverbank St Wyandotte, MI 48192

Estimated Value: $170,000 - $210,201

2 Beds
1 Bath
1,168 Sq Ft
$161/Sq Ft Est. Value

Last Sold December 10, 2021

Last sale price $125,000 $107 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $1,322/month

40 Days on Market

Highlights

  • 1.5-Story Property
  • No HOA
  • Fireplace in Basement
  • Ground Level Unit
  • 2 Car Detached Garage
  • Forced Air Heating System

About This Home

As of December 2021

NICE BRICK HOME ON CORNER LOT...LARGE LIVING ROOM HARD WOOD FLOORING, W/ FIREPLACE.....KITCHEN INCLUDES FRDGE AND STOVE...PARTIALLY FINISHED BASEMENT...LARGE UPPER LEVEL USED FOR WALK UP ATTIC , READY TO BE FINISHED FOR EXTRA ROOM...EASY SHOWINGS...BATVAI

Last Agent to Sell the Property

Jamie Revoir

RE/MAX Innovation License #6501368403 Listed on: 09/21/2021

RE/MAX Innovation

Last Buyer's Agent

Paul Holmes

KW Showcase Realty License #RCO

KW Showcase Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1949

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50.00x125.00

Parking

  • 2 Car Detached Garage

Home Design

  • 1.5-Story Property
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 1,168 Sq Ft Home
  • Ceiling Fan
  • Living Room with Fireplace
  • Partially Finished Basement
  • Fireplace in Basement
  • Free-Standing Gas Oven

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Location

  • Ground Level Unit

Utilities

  • Forced Air Heating System
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • River Bank Manor Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 57001050226001

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,792

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 1/2 Story
  • Year Built: 1949
  • State Equalized Value: 59000.0000
  • Entry Location: Ground Level
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Fireplace: Yes
  • Fireplace Locations: Basement, Living Room
  • Room Count: 5
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Partially Finished
  • Kitchen Appliances: Free-Standing Gas Oven, Free-Standing Refrigerator
  • Sq Ft Combined: 1618
  • Sq Ft Lower Floor: 450
  • Total Sq Ft: 1168
  • Sq Ft Total Bsmt: 944

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block
  • Frontage Feet: 60
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Detached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s)
  • Heating: Forced Air, Hot Water
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Wyandotte

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.14
  • Lot Dimensions: 50.00X125.00
  • Parcel Number: 57001050226001

Tax Info

  • Tax Amount Summer: 2286.0000
  • Tax Amount Winter: 506.0000
  • Total Tax: 2792.0000
  • Taxable Value: 51129.0000

MLS Schools

  • School District: Wyandotte

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2021
Closed on
Dec 10, 2021
Sold by
Geldmacher Michael J
Bought by
Lorne Stacy A
Seller's Agent
Jamie Revoir
RE/MAX Innovation
Buyer's Agent
Paul Holmes
KW Showcase Realty
List Price
$140,000
Sold Price
$125,000
Premium/Discount to List
-$15,000
-10.71%
Current Estimated Value
$188,050

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,050
Avg. Annual Appreciation
9.82%
Original Mortgage
$122,735
Outstanding Balance
$113,859
Interest Rate
2.98%
Mortgage Type
FHA
Estimated Equity
$63,774

Purchase Details

Listed on
Sep 21, 2021
Closed on
Dec 8, 2021
Sold by
Klimas Sherry L
Bought by
Geldmacher Michael J
Seller's Agent
Jamie Revoir
RE/MAX Innovation
Buyer's Agent
Paul Holmes
KW Showcase Realty
List Price
$140,000
Sold Price
$125,000
Premium/Discount to List
-$15,000
-10.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,735
Outstanding Balance
$113,859
Interest Rate
2.98%
Mortgage Type
FHA
Estimated Equity
$63,774

Purchase Details

Listed on
Oct 5, 2011
Closed on
Jan 30, 2012
Sold by
Hay Gloria J
Bought by
Geldbacher Michael J and Klimas Sherry L
Seller's Agent
Jerry Miller
Real Estate One Southgate
Buyer's Agent
Jerry Miller
Real Estate One Southgate
List Price
$39,900
Sold Price
$39,000
Premium/Discount to List
-$900
-2.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.53%
Original Mortgage
$46,421
Interest Rate
5.5%
Mortgage Type
FHA
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
Lorne Stacy A $125,000 First American Title
Geldmacher Michael J -- First American Title
Geldbacher Michael J $39,000 Minnesota Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lorne Stacy $122,735
Closed Lorne Stacy $10,000
Previous Owner Geldmacher Michael J $46,421
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2021 12/10/21 Sold $125,000 -3.8% $107 / Sq Ft
11/01/2021 11/01/21 Pending -- -- --
10/04/2021 10/04/21 Price Changed $129,900 -7.2% $111 / Sq Ft
09/21/2021 09/21/21 For Sale $140,000 +259.0% $120 / Sq Ft
01/30/2012 01/30/12 Sold $39,000 -2.3% $41 / Sq Ft
10/29/2011 10/29/11 Pending -- -- --
10/05/2011 10/05/11 For Sale $39,900 -- $42 / 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 $3,665 $98,400 $0 $0
2024 $3,665 $90,900 $0 $0
2023 $3,495 $83,400 $0 $0
2022 $4,045 $75,000 $0 $0
2021 $2,831 $69,700 $0 $0
2020 $2,792 $59,000 $0 $0
2019 $2,753 $52,300 $0 $0
2018 $2,197 $56,300 $0 $0
2017 $1,001 $56,300 $0 $0
2016 $2,765 $56,300 $0 $0
2015 $4,934 $52,300 $0 $0
2013 $4,780 $47,800 $0 $0
2012 $2,279 $50,000 $9,400 $40,600
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Jamie Revoir

    RE/MAX of Southeast Michigan

    Section Image

  • P

    Buyer's Agent in 2021

    Paul Holmes

    KW Showcase Realty

    (248) 360-2900

    1 in this area

    14 Total Sales

    Paul Holmes
    Section Image
  • Jerry Miller

    Seller's Agent in 2012

    Jerry Miller

    Real Estate One Southgate

    (734) 341-0718

    34 in this area

    54 Total Sales

    Jerry Miller
    Section Image
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Map

Source: Realcomp

MLS Number: 2210079360

Realcomp

APN: 57-001-05-0226-001

Michigan Wayne County Wyandotte 48192

547 Riverbank St, Wyandotte, MI

This home is located at 547 Riverbank St, Wyandotte, MI 48192 since 21 September 2021 and is currently estimated at $188,050, approximately $161 per square foot. This property was built in 1949. 547 Riverbank St is a home located in Wayne County with nearby schools including Jefferson Elementary School, Woodrow Wilson School, and Roosevelt 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.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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