NOT LISTED FOR SALE

8518 Central Center Line, MI 48015

Estimated Value: $110,000 - $181,000

2 Beds
1 Bath
890 Sq Ft
$163/Sq Ft Est. Value

Last Sold March 29, 2012

Last sale price $20,000 $22 Per Sq Ft

Est. 662% increase in value since last sale

Current estimated payment $990/month

58 Days on Market

About This Home

As of March 2012

Well maintained 2 bedroom house on a quiet street. Possible third bedroom in the basement. This is a Fannie Mae HomePath Property. Purchase this property for as little as 3% down. This property is approved for HomePath renovation mortgage financing. Buyer responsible for any City inspections and certifications.

Last Agent to Sell the Property

William Bergsma

Century 21 Collins-Warren License #MISPE-6501332970 Listed on: 01/11/2012

Last Buyer's Agent

John Woolsey

Century 21 Campbell Realty License #MISPE-6501366251

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,914

Year Built

  • Built in 1925

Lot Details

  • 436 Sq Ft Lot
  • Lot Dimensions are 50x154

Parking

  • 2 Car Garage

Interior Spaces

  • 890 Sq Ft Home
  • 1.5-Story Property
  • Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Listing and Financial Details

  • Assessor Parcel Number 1322334002

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,914

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL CONDO
  • Type Of Property: Residential
  • Structure Style: 1 1/2 Story
  • Year Built: 1925
  • Special Features: 20
  • Property Sub Type: Detached

Interior Features

  • Basement: Yes
  • Bedrooms: 2
  • Bedroom 1: On Upper Floor, Dimensions: 13 x 10
  • Bedroom 2: On Entry Level, Dimensions: 9 x 8
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Dining Room: On Entry Level, Dimensions: 12 x 10
  • Kitchen: On Entry Level, Dimensions: 10 x 10
  • Living Room: On Entry Level, Dimensions: 14 x 11
  • Above Grade Finished Sq Ft: 890
  • Total Finished Sq Ft: 890

Exterior Features

  • Foundation: Basement

Garage/Parking

  • Garage Spaces: 2
  • Garage: Yes

Utilities

  • Sewer: Public Sanitary
  • Water: Public Water

Lot Info

  • Assessor Parcel Number: 1322334002
  • Lot Dimensions: 50x154
  • Acreage: 0.01
  • Map Side Numeric: 3
  • Map Top Alpha: D
  • Geo Subdivision: MI

MLS Schools

  • School District: Center Line Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2012
Closed on
Mar 29, 2012
Sold by
Ignat Viorel
Bought by
Ignat Viorel and Ignat Maria
Seller's Agent
William Bergsma
Century 21 Collins-Warren
Buyer's Agent
John Woolsey
Century 21 Campbell Realty
List Price
$24,900
Sold Price
$20,000
Premium/Discount to List
-$4,900
-19.68%
Current Estimated Value
$152,323

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,323
Avg. Annual Appreciation
15.75%

Purchase Details

Listed on
Jan 11, 2012
Closed on
Mar 27, 2012
Sold by
Fannie Mae
Bought by
Ignat Viorel
Seller's Agent
William Bergsma
Century 21 Collins-Warren
Buyer's Agent
John Woolsey
Century 21 Campbell Realty
List Price
$24,900
Sold Price
$20,000
Premium/Discount to List
-$4,900
-19.68%

Purchase Details

Closed on
Feb 25, 2011
Sold by
Poole Alexander J and Poole Barbara J
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Sep 2, 2010
Sold by
Pelshaw Keith and Pelshaw Deborah
Bought by
Poole Barbara J and Poole Alexander J

Purchase Details

Closed on
Oct 28, 2003
Sold by
Poole Alexander and Poole Barbara
Bought by
Pelshaw Keith and Pelshaw Deborah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
7.62%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 17, 2003
Sold by
Pelshaw Deborah and Pelshaw Keith
Bought by
Poole Alexander J and Poole Barbara I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
7.62%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 22, 1996
Sold by
Fredal R
Bought by
Pelshaw K and Pelshaw D
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
Ignat Viorel -- None Available
Ignat Viorel $20,000 None Available
Federal National Mortgage Association $151,999 None Available
Poole Barbara J -- None Available
Pelshaw Keith $155,000 --
Poole Alexander J $155,000 Summit Title
Pelshaw K $68,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pelshaw Keith $155,000
Previous Owner Poole Alexander J $155,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2012 03/29/12 Sold $20,000 -19.7% $22 / Sq Ft
03/09/2012 03/09/12 Pending -- -- --
01/11/2012 01/11/12 For Sale $24,900 -- $28 / Sq Ft
Source: Michigan Multiple Listing Service

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 $1,914 $67,300 $0 $0
2024 $1,453 $62,700 $0 $0
2023 $1,368 $57,000 $0 $0
2022 $1,751 $50,200 $0 $0
2021 $1,804 $46,400 $0 $0
2020 $1,402 $42,600 $0 $0
2019 $1,639 $37,200 $0 $0
2018 $0 $29,190 $0 $0
2017 $1,639 $26,140 $5,240 $20,900
2016 $1,639 $26,140 $0 $0
2015 -- $23,430 $0 $0
2011 -- $29,140 $5,100 $24,040
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31086593

Michigan Multiple Listing Service

APN: 01-13-22-334-002