NOT LISTED FOR SALE

5834 Fellrath St Taylor, MI 48180

Estimated Value: $108,000 - $139,000

2 Beds
1 Bath
840 Sq Ft
$148/Sq Ft Est. Value

Last Sold January 10, 2024

Last sale price $25,000 $30 Per Sq Ft

Est. 396% increase in value since last sale

Current estimated payment $754/month

14 Days on Market

Highlights

  • Ranch Style House
  • 2 Car Detached Garage
  • 5-minute walk to Northwest Park
  • No HOA
  • Forced Air Heating System

About This Home

As of January 2024

Exceptional investment opportunity in Taylor! Despite fire damage, this property features a recently updated roof (2 years old) and an intact foundation. Originally a 3-bedroom, 1-bath, this investor special presents the potential for a complete rebuild, allowing for customization to align with your preferences. For investors with an eye on maximizing land use, don't overlook the possibility of building upward into a two-story structure, subject to city permissions. Moreover, it's worth noting that the potential to double the square footage is here, providing an added incentive for investors. This exclusive opportunity is designed for serious investors looking for a swift cash transaction.
****Interested buyers should reach out to the City of Taylor directly for comprehensive details on repair bonds and legal responsibilities before making a purchase on this home. The buyer will be responsible for the $15K bond that needs to be paid to the city to hold for repairs to be completed.
DO NOT ENTER PROPERTY WITHOUT A LICENSED REALTOR
B.A.T.V.A.I.

Last Agent to Sell the Property

Karen Hauxwell

KW Domain License #6501445334 Listed on: 12/15/2023

KW Domain

Last Buyer's Agent

Nicoleta Mila

License #6501399816

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1951

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 50.00 x 135.00

Parking

  • 2 Car Detached Garage

Home Design

  • Ranch Style House
  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • 840 Sq Ft Home
  • 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
  • Mcguire Park Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 60013010144000

Home Details

Home Type

Single Family

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1951
  • State Equalized Value: 46800.0000
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Total Sq Ft: 840

Exterior Features

  • Roof Material: Composition
  • Foundation Details: Crawl
  • Construction Materials: Vinyl
  • Road Frontage Type: Paved

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.16
  • Lot Dimensions: 50.00 x 135.00
  • Parcel Number: 60013010144000

Tax Info

  • Tax Amount Summer: 1255.0000
  • Tax Amount Winter: 205.0000
  • Total Tax: 1460.0000
  • Taxable Value: 26797.0000

MLS Schools

  • School District: Taylor

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 15, 2023
Closed on
Jan 10, 2024
Sold by
Lyle Richard and Lyle Jason B
Bought by
Lupu Iustin
Seller's Agent
Karen Hauxwell
KW Domain
Buyer's Agent
Nicoleta Mila
List Price
$45,000
Sold Price
$25,000
Premium/Discount to List
-$20,000
-44.44%
Views
63
Current Estimated Value
$124,056

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,056
Avg. Annual Appreciation
143.49%

Purchase Details

Closed on
Jul 24, 2001
Sold by
Kennedy Margaret L
Bought by
Lyle Richard
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
Lupu Iustin $25,000 None Listed On Document
Lupu Iustin $25,000 None Listed On Document
Lyle Richard $79,900 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/10/2024 01/10/24 Sold $25,000 -44.4% $30 / Sq Ft
12/29/2023 12/29/23 Pending -- -- --
12/15/2023 12/15/23 For Sale $45,000 -- $54 / 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 $1,221 $34,500 $0 $0
2024 $1,221 $54,900 $0 $0
2023 $1,475 $46,800 $0 $0
2022 $1,165 $45,800 $0 $0
2021 $1,295 $39,000 $0 $0
2020 $1,282 $33,500 $0 $0
2019 $127,667 $29,000 $0 $0
2018 $1,000 $25,100 $0 $0
2017 $558 $24,600 $0 $0
2016 $1,267 $24,000 $0 $0
2015 $2,260 $22,600 $0 $0
2013 $2,530 $26,200 $0 $0
2012 $1,107 $25,800 $9,500 $16,300
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2024

    Karen Hauxwell

    KW Domain

    Section Image

  • N

    Buyer's Agent in 2024

    Nicoleta Mila

    (248) 207-5712

    1 in this area

    22 Total Sales

    Nicoleta Mila
    Section Image
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Map

Source: Realcomp

MLS Number: 20230104118

Realcomp

APN: 60-013-01-0144-000

Michigan Wayne County Taylor 48180

5834 Fellrath St, Taylor, MI

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
Copyright 2025 Realcomp II Ltd. Shareholders
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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