NOT LISTED FOR SALE

7940 Leota Ave Salem, MI 48168

Estimated Value: $223,534 - $283,000

3 Beds
1 Bath
1,190 Sq Ft
$204/Sq Ft Est. Value

Last Sold February 28, 2017

Last sale price $119,915 $101 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $1,415/month

176 Days on Market

Highlights

  • Ranch Style House
  • Corner Lot
  • Patio
  • Millennium Middle School Rated A-
  • No HOA
  • 4-minute walk to Salem Veterans Park

About This Home

As of February 2017

Motivated seller say SELL! WOW South Lyon schools! Cathedral ceilings and bay window open to kitchen w/skylight. 3 bedroom/1 bath home on large corner lot. Sweet clean home. Spacious open floor plan. First floor laundry. Easy access to area expressways. Some recently updated floors. You can't beat the location or price! Rural Development area! POS to be completed by seller with accepted offer. Furnace in ceiling attic, No crawl access.

Last Agent to Sell the Property

Mary Novak

RE/MAX Platinum License #6502325760 Listed on: 06/15/2016

Last Buyer's Agent

Rick Beaudin

KW Realty Livingston License #6501292587

KW Realty Livingston

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Remodeled in 2007

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 123x78x124x75
  • Corner Lot

Home Design

  • Ranch Style House
  • Asphalt Roof

Interior Spaces

  • 1,190 Sq Ft Home
  • Ceiling Fan
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Patio
  • Exterior Lighting

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Electric Water Heater
  • Water Softener is Owned
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Salem Heights Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number A00114201025
  • $4,500 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,865

Year Built

Remodeled in 2007

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 9999
  • Year Renovated: 2007
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available, Water Softener (owned)
  • Room Count: 6
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Sq Ft Combined: 1190
  • Total Sq Ft: 1190

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Crawl
  • Construction Materials: Wood
  • Exterior Features: Lighting
  • Frontage Feet: 123
  • Porch Type: Patio
  • Road Frontage Type: Gravel

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s)
  • Heating: Forced Air
  • Sewer: Septic Tank (Existing)
  • Water Heater Fuel: Electric
  • Water Source: Well (Existing)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: South Lyon

Lot Info

  • Homestead: Yes
  • List Price per Acre: 545454.5455
  • Lot Features: Corner Lot
  • Lot Size Area: 0.22
  • Lot Dimensions: 123x78x124x75
  • Parcel Number: A00114201025

Tax Info

  • Tax Amount Summer: 1817.0000
  • Tax Amount Winter: 48.0000
  • Total Tax: 1865.0000

MLS Schools

  • School District: South Lyon

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2016
Closed on
Feb 28, 2017
Sold by
Perkins Christopher
Bought by
Simmons Matthew Ryan and Simmons Allissa
Seller's Agent
Mary Novak
RE/MAX Platinum
Buyer's Agent
Rick Beaudin
KW Realty Livingston
List Price
$120,000
Sold Price
$119,915
Premium/Discount to List
-$85
-0.07%
Current Estimated Value
$243,134

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,219
Avg. Annual Appreciation
7.65%
Original Mortgage
$117,742
Interest Rate
4.09%
Mortgage Type
FHA

Purchase Details

Listed on
May 17, 2013
Closed on
Jul 12, 2013
Sold by
Rice Timothy
Bought by
Perkins Christopher and Perkins Kelly
Seller's Agent
Gayle Henderson
Real Estate One-Brighton
Buyer's Agent
Gayle Henderson
Real Estate One-Brighton
List Price
$90,000
Sold Price
$92,000
Premium/Discount to List
$2,000
2.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.55%
Original Mortgage
$74,888
Interest Rate
4.02%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 31, 2006
Sold by
Peace Thomas M and Peace Leann
Bought by
Rice Timothy

Purchase Details

Closed on
May 19, 2004
Sold by
Peace Rozan E
Bought by
Peach Thomas M
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
Simmons Matthew Ryan $119,915 Select Title Agency
Perkins Christopher $92,000 Eit Title
Rice Timothy $90,000 None Available
Peach Thomas M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Simmons Matthew Ryan $144,063
Closed Simmons Matthew Ryan $146,215
Closed Simmons Matthew Rayn $146,163
Closed Simmons Matthew Ryan $117,742
Previous Owner Perkins Christopher $74,888
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2017 02/28/17 Sold $119,915 -0.1% $101 / Sq Ft
12/08/2016 12/08/16 Pending -- -- --
10/03/2016 10/03/16 For Sale $120,000 0.0% $101 / Sq Ft
09/24/2016 09/24/16 Pending -- -- --
09/19/2016 09/19/16 Price Changed $120,000 -4.0% $101 / Sq Ft
09/08/2016 09/08/16 Price Changed $125,000 -2.3% $105 / Sq Ft
08/17/2016 08/17/16 Price Changed $128,000 -3.0% $108 / Sq Ft
07/25/2016 07/25/16 Price Changed $132,000 -2.2% $111 / Sq Ft
07/06/2016 07/06/16 Price Changed $135,000 -6.9% $113 / Sq Ft
06/15/2016 06/15/16 For Sale $145,000 +57.6% $122 / Sq Ft
07/12/2013 07/12/13 Sold $92,000 +2.2% $81 / Sq Ft
05/20/2013 05/20/13 Pending -- -- --
05/17/2013 05/17/13 For Sale $90,000 -- $79 / 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 $1,444 $78,050 $0 $0
2024 $1,444 $69,950 $0 $0
2023 $1,376 $72,000 $0 $0
2022 $1,520 $67,050 $0 $0
2021 $1,624 $58,500 $0 $0
2020 $1,410 $59,050 $0 $0
2019 $140 $59,000 $59,000 $0
2018 $1,405 $51,000 $0 $0
2017 $1,170 $50,550 $0 $0
2016 $1,116 $41,933 $0 $0
2015 -- $41,808 $0 $0
2014 -- $39,782 $0 $0
2013 -- $39,782 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2017

    Mary Novak

    RE/MAX Michigan

    Section Image
  • Rick Beaudin

    Buyer's Agent in 2017

    Rick Beaudin

    KW Realty Livingston

    (810) 533-4343

    131 Total Sales

    Rick Beaudin
    Section Image
  • Gayle Henderson

    Seller's Agent in 2013

    Gayle Henderson

    Real Estate One

    (248) 568-6106

    1 in this area

    72 Total Sales

    Gayle Henderson
    Section Image
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Map

Source: Realcomp

MLS Number: 216058983

Realcomp

APN: 01-14-201-025

Michigan Washtenaw County Salem 48168

7940 Leota Ave, Salem, MI

This home is located at 7940 Leota Ave, Salem, MI 48168 since 15 June 2016 and is currently estimated at $243,134, approximately $204 per square foot. 7940 Leota Ave is a home located in Washtenaw County with nearby schools including Salem Elementary School, Millennium Middle School, and South Lyon East 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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