NOT LISTED FOR SALE

8038 Wayne Rd Romulus, MI 48174

Estimated Value: $172,000 - $188,602

2 Beds
1 Bath
1,234 Sq Ft
$149/Sq Ft Est. Value

About This Home

This home is located at 8038 Wayne Rd, Romulus, MI 48174 and is currently estimated at $183,651, approximately $148 per square foot. 8038 Wayne Rd is a home with nearby schools including Wick Elementary School, Romulus Middle School, and Romulus Senior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 1, 2019
Sold by
Wands Charles
Bought by
Wands Charles
Current Estimated Value
$183,651

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,163
Outstanding Balance
$73,043
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$110,608
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Wands Charles $95,000 Title Solutions Agency Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wands Charles $82,163
Source: Public Records

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 $2,434 $85,100 $0 $0
2024 $2,434 $81,500 $0 $0
2023 $2,328 $58,900 $0 $0
2022 $2,840 $56,500 $0 $0
2021 $2,735 $50,500 $0 $0
2020 $2,832 $53,000 $0 $0
2019 $1,867 $53,200 $0 $0
2018 $1,182 $33,700 $0 $0
2017 $1,004 $33,600 $0 $0
2016 $1,652 $34,000 $0 $0
2015 $4,170 $41,700 $0 $0
2013 $4,416 $47,000 $0 $0
2012 $1,146 $47,400 $21,000 $26,400
Source: Public Records

Map

Michigan Wayne County Romulus 48174

8038 Wayne Rd, Romulus, MI

This home is located at 8038 Wayne Rd, Romulus, MI 48174 and is currently estimated at $183,651, approximately $148 per square foot. 8038 Wayne Rd is a home with nearby schools including Wick Elementary School, Romulus Middle School, and Romulus Senior High School.

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