NOT LISTED FOR SALE

805 E Muir Ave Hazel Park, MI 48030

Estimated Value: $135,000 - $150,391

3 Beds
1 Bath
893 Sq Ft
$158/Sq Ft Est. Value

Last Sold August 03, 2022

Last sale price $110,000 $123 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $903/month

35 Days on Market

Highlights

  • Ranch Style House
  • 1 Car Detached Garage
  • Forced Air Heating System
  • No HOA
  • Porch

About This Home

As of August 2022

**INVESTORS** Here is a perfect opportunity for you to add to or start your rental portfolio! This 3 bedroom, 1 bathroom Hazel Park ranch has a high-quality, long-term tenant who is paying $1,100/month through 9/30/2022, and then $1,175/month through 9/30/2024, so you have built-in inflation protection! The property features numerous updates, including vinyl windows, an updated electrical panel, forced air heat, an updated kitchen, a well-maintained bathroom, PEX supply plumbing, some PVC drain plumbing, a recently updated front porch, and a 1.5 car garage! The property is conveniently located close to the 8-Mile thoroughfare and the I-75 freeway, and is only minutes away from downtown Ferndale and Royal Oak! Best of all, this property has 20-50K in equity, as similar nearby homes are selling to homebuyers for between 140-170K!

Last Agent to Sell the Property

Ryan Kain

RE/MAX Leading Edge License #6501401697 Listed on: 06/20/2022

RE/MAX Leading Edge

Last Buyer's Agent

Xinyang Zhang

Bluesky Realty Experts License #6501442019

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950 | Remodeled in 2000

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 39.00 x 107.00

Parking

  • 1 Car Detached Garage

Home Design

  • Ranch Style House
  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 893 Sq Ft Home
  • Unfinished Basement
  • Interior Basement Entry

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Sewer in Street

Additional Features

  • Porch
  • Ground Level

Community Details

  • No Home Owners Association
  • Herman W Meinke Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2536379019

Home Details

Home Type

Single Family

Year Built

Built in 1950 | Remodeled in 2000

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Assessment: 306.00
  • Year Built: 1950
  • State Equalized Value: 39070.0000
  • Year Renovated: 2000
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 5
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Interior Entry (Interior Access), Unfinished
  • Sq Ft Combined: 893
  • Total Sq Ft: 893
  • Sq Ft Total Bsmt: 893

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Foundation Materials: Block
  • Frontage Feet: 39
  • Porch Type: Porch
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 1 Car
  • Garage Features: Detached
  • Garage: Yes

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Hazel Park

Lot Info

  • Lot Size Area: 0.10
  • Lot Dimensions: 39.00 x 107.00
  • Parcel Number: 2536379019

Tax Info

  • Tax Amount Summer: 3592.0000
  • Tax Amount Winter: 67.0000
  • Total Tax: 3659.0000
  • Taxable Value: 36590.0000

MLS Schools

  • School District: Hazel Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2022
Closed on
Aug 3, 2022
Sold by
Rapp Timothy J and Rapp Patricia L
Bought by
Zhang Fen and Liu Yang
Seller's Agent
Ryan Kain
RE/MAX Leading Edge
Buyer's Agent
Xinyang Zhang
Bluesky Realty Experts
List Price
$119,900
Sold Price
$110,000
Premium/Discount to List
-$9,900
-8.26%
Current Estimated Value
$141,098

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,098
Avg. Annual Appreciation
9.83%
Original Mortgage
$107,100
Outstanding Balance
$103,482
Interest Rate
5.72%
Mortgage Type
New Conventional
Estimated Equity
$43,742

Purchase Details

Closed on
Oct 27, 2018
Sold by
Jhj Investment Properties Llc
Bought by
Rapp Timothy J and Rapp Patricia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 15, 2018
Sold by
Fares69 Llc
Bought by
Jhj Investment Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,335
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Oct 17, 2014
Closed on
Dec 12, 2014
Sold by
Isaguirre Roberto
Bought by
Gwh Properties Llc
Seller's Agent
Lawrence Kaye
Kaye And Company
Buyer's Agent
Lawrence Kaye
Kaye And Company
List Price
$55,000
Sold Price
$33,000
Premium/Discount to List
-$22,000
-40%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.93%

Purchase Details

Closed on
May 6, 2010
Sold by
Wells Fargo Bank Na
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 4, 2010
Sold by
Wessel Richard C and Wessel Tracey M
Bought by
Wells Fargo Bank Na and Americas Servicing Company

Purchase Details

Closed on
Feb 23, 2005
Sold by
Wessel Richard C and Wessel Tracey M
Bought by
Wessel Family Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,200
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 7, 2000
Sold by
Wessel Richard C
Bought by
Family Wessel

Purchase Details

Closed on
Oct 13, 2000
Sold by
Family Wessel
Bought by
Wessel Richard C

Purchase Details

Closed on
Feb 11, 1999
Sold by
Flagstar Bank
Bought by
State Of Michigan Hda

Purchase Details

Closed on
Apr 1, 1997
Sold by
Manns Jimmy A
Bought by
State Of Michigan Hda

Purchase Details

Closed on
May 3, 1995
Sold by
Jackson Michael J
Bought by
Manns Jimmy A and Manns Shelie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,650
Interest Rate
8.39%
Mortgage Type
FHA
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
Zhang Fen $110,000 --
Rapp Timothy J $68,000 None Available
Jhj Investment Properties Llc $93,750 None Available
Gwh Properties Llc $33,000 None Available
Federal National Mortgage Association -- None Available
Wells Fargo Bank Na $90,661 None Available
Wessel Family Llc -- Philip R Seaver Title Co Inc
Wessel Richard C -- Philip R Seaver Title Co Inc
Family Wessel -- --
Wessel Richard C -- --
State Of Michigan Hda -- --
State Of Michigan Hda $40,000 --
Manns Jimmy A $38,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhang Fen $107,100
Previous Owner Rapp Timothy J $51,000
Previous Owner Jhj Investment Properties Llc $105,335
Previous Owner Fares69 Llc $324,100
Previous Owner Isaguirre Roberto $27,000
Previous Owner Wessel Richard C $91,200
Previous Owner Manns Jimmy A $39,650
Closed Wessel Richard C --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/03/2022 08/03/22 Sold $110,000 -4.3% $123 / Sq Ft
07/25/2022 07/25/22 Pending -- -- --
07/09/2022 07/09/22 Price Changed $114,900 -4.2% $129 / Sq Ft
06/20/2022 06/20/22 For Sale $119,900 +263.3% $134 / Sq Ft
12/15/2014 12/15/14 Sold $33,000 -40.0% $37 / Sq Ft
12/12/2014 12/12/14 Pending -- -- --
10/17/2014 10/17/14 For Sale $55,000 -- $62 / 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
2024 $4,558 $55,700 $0 $0
2023 $4,618 $49,440 $0 $0
2022 $3,703 $42,970 $0 $0
2021 $3,659 $39,070 $0 $0
2020 $3,554 $36,200 $0 $0
2019 $3,585 $35,420 $0 $0
2018 $3,112 $31,700 $0 $0
2017 $3,036 $29,830 $0 $0
2016 $2,077 $22,490 $0 $0
2015 -- $19,380 $0 $0
2014 -- $18,040 $0 $0
2011 -- $25,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20221006521

Realcomp

APN: 25-36-379-019