$15,000
SOLD NOV 2, 2012

8440 Chapman St Oak Park, MI 48237

3 Beds
1 Bath
977 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$15 Per Sq Ft

50% Below List Price

55 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Forced Air Heating System

About This Home

As of December 2016

3 BEDRM RANCH. NEEDS WORK. A FIXER UPPER. PROPERTY IS ELIGIBLE UNDER THE FREDDIE MAC FIRST LOOK INTIATIVE THRU 7/23/12. POSSIBLE UP TO $500 CREDIT TOWARDS HOME WRRNTY - MUST REQUEST AT TIME OF OFFER. SOLD AS IS.

Last Agent to Sell the Property

Michael Newton

Maxim Properties LLC License #6501351431 Listed on: 07/08/2012

Last Buyer's Agent

Michael Newton

Maxim Properties LLC License #RCO-6501351431

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1953

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 56x127

Home Design

  • 977 Sq Ft Home
  • Ranch Style House
  • Vinyl Construction Material

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Unfinished Basement

Community Details

  • No Home Owners Association
  • Chapman Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2528179018

Home Details

Home Type

Single Family

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Assessment: YES
  • Year Built: 1953
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 7
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 977
  • Total Sq Ft: 977

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Ferndale

Lot Info

  • Homestead: Yes
  • List Price per Acre: 111875.0000
  • Lot Size Area: 0.16
  • Lot Dimensions: 56X127
  • Parcel Number: 2528179018

Tax Info

  • Tax Amount Summer: 1646.0000
  • Tax Amount Winter: 125.0000
  • Total Tax: 1771.0000

MLS Schools

  • School District: Ferndale

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 15, 2024
Sold by
Wells Russell
Bought by
Meldir Cheryl
Current Estimated Value
$246,093

Purchase Details

Closed on
May 16, 2017
Sold by
Wells Cheryl M
Bought by
Wells Russell K and Wells Cheryl M

Purchase Details

Listed on
Sep 16, 2016
Closed on
Dec 5, 2016
Sold by
Paradigm Development Corp
Bought by
Wells Cheryl M
Seller's Agent
Chris Yatooma
Paradigm Realty
Buyer's Agent
Keena Catanzaro
RE/MAX First
List Price
$129,900
Sold Price
$124,900
Premium/Discount to List
-$5,000
-3.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.31%
Original Mortgage
$136,239
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Listed on
Jul 8, 2012
Closed on
Nov 1, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Paradigm Development Corporation
Seller's Agent
Michael Newton
Maxim Properties LLC
Buyer's Agent
Michael Newton
Maxim Properties LLC
List Price
$29,900
Sold Price
$15,000
Premium/Discount to List
-$14,900
-49.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
67.90%

Purchase Details

Closed on
Oct 25, 2011
Sold by
Thomas Cheryl J
Bought by
Federal Home Loan Mortgage Corp
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 Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Interfamily Deed Transfer -- None Available
Warranty Deed $124,900 Michigan Investment Title In
Sheriffs Deed $34,647 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $128,000 New Conventional
Previous Owner $136,239 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/05/2016 12/05/16 Sold $124,900 0.0% $125 / Sq Ft
10/03/2016 10/03/16 Pending -- -- --
09/26/2016 09/26/16 Price Changed $124,900 -3.8% $125 / Sq Ft
09/16/2016 09/16/16 For Sale $129,900 +766.0% $130 / Sq Ft
11/02/2012 11/02/12 Sold $15,000 -49.8% $15 / Sq Ft
09/01/2012 09/01/12 Pending -- -- --
07/08/2012 07/08/12 For Sale $29,900 -- $31 / 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 $2,623 $96,700 $16,900 $79,800
2023 $2,437 $87,400 $14,900 $72,500
2022 $2,419 $73,000 $13,400 $59,600
2021 $2,407 $62,100 $7,700 $54,400
2020 $2,333 $56,800 $7,700 $49,100
2018 $2,349 $37,700 $0 $0
2015 -- $23,300 $0 $0
2014 -- $19,800 $0 $0
2011 -- $33,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2016

    Chris Yatooma

    Paradigm Realty

    (866) 313-4324

    14 Total Sales

    Chris Yatooma
    Section Image
  • Keena Catanzaro

    Buyer's Agent in 2016

    Keena Catanzaro

    RE/MAX

    (248) 435-1100

    28 Total Sales

    Keena Catanzaro
    Section Image

  • M

    Seller's Agent in 2012

    Michael Newton

    Maxim Properties LLC

    (248) 444-7343

    10 Total Sales

    Michael Newton
    Section Image
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Map

Source: Realcomp

MLS Number: 212069774

Realcomp

APN: 25-28-179-018

Michigan Oakland County Oak Park 48237

8440 Chapman St, Oak Park, MI

This home is located at 8440 Chapman St, Oak Park, MI 48237 and is currently priced at $15,000, approximately $15 per square foot. This property was built in 1953. 8440 Chapman St is a home located in Oakland County with nearby schools including Ferndale Upper Elementary Campus, Ferndale Lower Elementary Campus, and Ferndale Middle 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
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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