NOT LISTED FOR SALE

7198 Fay Dr Unit 11 Belleville, MI 48111

Estimated Value: $354,000 - $434,000

3 Beds
2.5 Baths
2,199 Sq Ft
$180/Sq Ft Est. Value

Last Sold October 03, 2016

Last sale price $155,000 $70 Per Sq Ft

Est. 155% increase in value since last sale

Current estimated payment $2,289/month

189 Days on Market

Highlights

  • Colonial Architecture
  • Forced Air Heating System
  • 3 Car Garage

About This Home

As of October 2016

Beautiful spacious colonial located in a family friendly neighborhood near schools, parks, and main roads. Home features three bedrooms, 2 full baths, one half bath, basement, 3 car garage, and patio area. Very appealing spacious home.
SOLD AS IS BATVI SELLER WILL NOT ENTERTAIN OFFERS UNTIL 5 DAYS ACTIVELY ON MARKET, SELLER TAKES UP TO 5-BUSINESS DAYS FOR RESPONSE ON OFFERS. BUYER WILL ASSUME ALL AND ANY INSPECTIONS IF REQUIRED BY CITY. PROOF OF FUNDS WILL BE NEEDED WITH ALL OFFERS SUBMITTED TO SELLER NO EXCEPTION, EMD WILL BE HELD WITH SELLERS TITLE AGENCY NO EXCEPTIONS.

Last Agent to Sell the Property

Zena Dakroub

Realty Executives Classic License #6501349540 Listed on: 02/05/2016

Realty Executives Classic

Last Buyer's Agent

Bill Kokenos

Remerica Hometown One License #RCO-6501261595

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1996

Parking

  • 3 Car Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Cedar

Interior Spaces

  • 2,199 Sq Ft Home
  • 1.5-Story Property
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating System
  • Back Up Electric Heat Pump System
  • Sewer in Street

Community Details

  • Wayne County Condo Sub Plan No 374 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 83011020011000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,320

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 1 1/2 Story
  • Year Built: 1996
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Total Sq Ft: 2199

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick, Cedar
  • Road Frontage Type: Pub. Sidewalk

Garage/Parking

  • Garage Size: 3 Car
  • Garage: Yes

Utilities

  • Heating Fuel: Electric
  • Heating: Forced Air
  • Sewer: Sewer at Street
  • Water Source: Public (Municipal)

Lot Info

  • Homestead: Yes
  • Parcel Number: 83011020011000

Tax Info

  • Tax Amount Summer: 1388.0000
  • Tax Amount Winter: 932.0000
  • Total Tax: 2320.0000

MLS Schools

  • School District: Van Buren

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2016
Closed on
Sep 13, 2016
Sold by
The Bank Of New York Mellon
Bought by
Potter Danielle
Seller's Agent
Zena Dakroub
Realty Executives Classic
Buyer's Agent
Bill Kokenos
Remerica Hometown One
List Price
$161,819
Sold Price
$155,000
Premium/Discount to List
-$6,819
-4.21%
Current Estimated Value
$395,302

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$240,302
Avg. Annual Appreciation
10.86%
Original Mortgage
$196,377
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 23, 2015
Sold by
Stitt Leonard E and Stitt Lafonda
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Dec 9, 2004
Sold by
Hollingsworth Brian and Hollingsworth Stephanie
Bought by
Mortgage Electronic Registration Systems

Purchase Details

Closed on
Jul 5, 2002
Sold by
Oliver Georgette
Bought by
Hollingsworth Brian

Purchase Details

Closed on
Aug 15, 2001
Sold by
Bank One
Bought by
Oliver Jimmie
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
Potter Danielle $155,000 None Available
The Bank Of New York Mellon $153,000 None Available
Mortgage Electronic Registration Systems $216,000 --
Hollingsworth Brian $223,000 --
Oliver Jimmie $201,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Potter Danielle $196,377
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/03/2016 10/03/16 Sold $155,000 +0.8% $70 / Sq Ft
08/12/2016 08/12/16 Pending -- -- --
08/04/2016 08/04/16 Price Changed $153,700 -5.0% $70 / Sq Ft
08/01/2016 08/01/16 For Sale $161,819 0.0% $74 / Sq Ft
07/28/2016 07/28/16 Pending -- -- --
06/30/2016 06/30/16 For Sale $161,819 0.0% $74 / Sq Ft
05/12/2016 05/12/16 Pending -- -- --
05/02/2016 05/02/16 Price Changed $161,819 -14.2% $74 / Sq Ft
02/05/2016 02/05/16 For Sale $188,700 -- $86 / 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 $2,641 $190,900 $0 $0
2024 $2,641 $156,300 $0 $0
2023 $2,520 $149,800 $0 $0
2022 $4,225 $139,800 $0 $0
2021 $4,164 $122,500 $0 $0
2020 $4,106 $113,800 $0 $0
2019 $4,011 $108,800 $0 $0
2018 $2,047 $109,200 $0 $0
2017 $3,948 $106,800 $0 $0
2016 $3,528 $100,000 $0 $0
2015 $6,803 $85,300 $0 $0
2013 $6,590 $65,900 $0 $0
2010 -- $74,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Zena Dakroub

    Seller's Agent in 2016

    Zena Dakroub

    Realty Executives

    (313) 485-8770

    139 Total Sales

    Zena Dakroub
    Section Image
  • Bill Kokenos

    Buyer's Agent in 2016

    Bill Kokenos

    Remerica Hometown One

    (734) 636-2832

    97 Total Sales

    Bill Kokenos
    Section Image
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Map

Source: Realcomp

MLS Number: 216011437

Realcomp

APN: 83-011-02-0011-000

Michigan Wayne County Belleville 48111

7198 Fay Dr Unit 11, Belleville, MI

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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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