NOT LISTED FOR SALE

8559 Salem Ln Dearborn Heights, MI 48127

Estimated Value: $231,137 - $296,000

3 Beds
1.5 Baths
1,072 Sq Ft
$243/Sq Ft Est. Value

Last Sold May 24, 2016

Last sale price $86,000 $80 Per Sq Ft

Est. 203% increase in value since last sale

Current estimated payment $1,595/month

45 Days on Market

Highlights

  • Ranch Style House
  • Forced Air Heating System
  • 2 Car Garage
  • No HOA

About This Home

As of May 2016

Charming 3 bedroom ranch in Crestwood School district. This home features a partially finished basement, hardwood floors, fenced yard, patio, and more. This one is must see. Lots of potential. SOLD AS IS. ALL DATA ESTIMATED! LISTING AGENT HAS NO INFORMATION ON CONDITION! Selling Office commission is based on the net sale. Seller may pay up to $500 towards a Buyer home warranty of Buyers choice to be ordered by the Buyer Agent. BUYER TO COMPLY WITH ANY CITY REQUIREMENTS!

Last Agent to Sell the Property

Marshall Mandell

Community Choice Realty Inc License #6502332555 Listed on: 02/16/2016

Community Choice Realty Inc

Last Buyer's Agent

Salem Abdelnour

Platinum Real Estate License #RCO-6501386620

Platinum Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1955

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 52.00x112.88

Parking

  • 2 Car Garage

Home Design

  • 1,072 Sq Ft Home
  • Ranch Style House
  • Brick Exterior Construction
  • Poured Concrete

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Basement

Community Details

  • No Home Owners Association
  • Sylvia Lanes Sub Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 33003040030000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,711

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Warranty: Yes
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 8
  • Total Bedrooms: 3
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Sq Ft Combined: 1072
  • Total Sq Ft: 1072
  • Sq Ft Total Bsmt: 1072

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Poured
  • Frontage Feet: 52
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage: Yes

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: Crestwood

Lot Info

  • Homestead: Yes
  • List Price per Acre: 689285.7143
  • Lot Size Area: 0.14
  • Lot Dimensions: 52.00X112.88
  • Parcel Number: 33003040030000

Tax Info

  • Tax Amount Summer: 1267.0000
  • Tax Amount Winter: 444.0000
  • Total Tax: 1711.0000

MLS Schools

  • School District: Crestwood

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2016
Closed on
May 23, 2016
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Siblini Fadl
Seller's Agent
Marshall Mandell
Community Choice Realty Inc
Buyer's Agent
Salem Abdelnour
Platinum Real Estate
List Price
$104,900
Sold Price
$86,000
Premium/Discount to List
-$18,900
-18.02%
Current Estimated Value
$260,534

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,534
Avg. Annual Appreciation
12.73%
Original Mortgage
$68,800
Interest Rate
3.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 14, 2015
Sold by
Colvin David C
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Feb 15, 2002
Sold by
Colvin David
Bought by
Colvin David
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
Siblini Fadl $86,000 Attorney
Federal Home Loan Mortgage Corporation $147,968 Attorney
Colvin David -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fadl Siblini $120,000
Closed Siblini Fadl $120,217
Closed Siblini Fadl $68,800
Previous Owner Colvin David C $148,500
Previous Owner Colvin David $124,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2016 05/24/16 Sold $86,000 -18.0% $80 / Sq Ft
04/01/2016 04/01/16 Pending -- -- --
02/16/2016 02/16/16 For Sale $104,900 -- $98 / 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 $2,107 $103,000 $0 $0
2024 $2,107 $93,800 $0 $0
2023 $1,992 $81,300 $0 $0
2022 $2,648 $70,300 $0 $0
2021 $2,655 $64,600 $0 $0
2019 $2,504 $54,200 $0 $0
2018 $1,730 $48,800 $0 $0
2017 $1,440 $47,000 $0 $0
2016 $2,213 $42,200 $0 $0
2015 $3,654 $39,500 $0 $0
2013 $3,540 $36,200 $0 $0
2010 -- $44,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 216014704

Realcomp

APN: 33-003-04-0030-000