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12061 Arcola Street

12061 Arcola Street, Livonia, MI 48150
Property in Livonia
Sold Jun 02, 2022
$212,000
$194,750 by First Merchants Bank
Mortgage Due Jun 01, 2052
Sold Dec 07, 2020
$135,000
Buyer
Seller
$125,000 by Flagstar Bank Fsb
Mortgage Due Nov 01, 2050
12061 Arcola Street in Livonia, MI was first built in 1957 and is 67 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a ranch/rambler style. It is a single story home. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 12061 Arcola Street has 1,018 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 400 ft and the linear feet between the front and back of the lot is 1,350. In total, the area measurement of the land is 5,227 square feet.

Learn more about the property and building on this page. For those who need parking, there is a garage. The garage is 440 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with brick control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The exterior walls of the home are made of adobe. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a forced air unit. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in May 26, 2022 for $212,000. That's $208.25 per sqft. Prior to that sales transaction, the property was also sold in Oct 30, 2020 for $135,000. 12061 Arcola Street was last assessed in 2023. The total value of the property was assessed at $67,900. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $1,504. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: C
  • Construction Type: Brick
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Adobe
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 440
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,227
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,018
  • Building Area: 1,018
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,018
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MANOR
  • Land Acres: 0.12
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 25B223 SCHANHITES MARQUETTE MANOR T1S R9E L61 P63 WCR LOT 223 ALSO E 1/2 ADJ VAC ALLEY

Ownership

  • Current Owner : MILHOLIN MATTHEW
  • Current Owner 2: WALLACE CAITLIN
  • Previous Owner : RICHARD JOLY
  • Owner Before Previous Owner: SMITH RANDY
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Single/unmarried man

Neighborhood

  • School District Name: Livonia Public Schools
  • School Tax School District: LIVONIA
  • Census Tract: 558301

Geography

  • District: 46
  • Section: 01
  • Parcel: 46 100 01 0223 000
  • Lot: 223
  • Municipality: LIVONIA CITY
  • Latitude: 42.3729
  • Longitude: -83.3152

    Address

  • Full Address: 12061 Arcola St
  • Address - House Number: 12061
  • Address - Street Name: Arcola
  • Address - Suffix Type: St
  • State: MI
  • City Name: Livonia
  • Carrier Code: C046
  • 4-Digit Zip Code: 2341
  • Zip Code: 48150

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,504
  • Tax Rate Code Area: 82095

    Appraisal Valuation

  • Standard Deviation: 0.4565
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 8
  • Final Value: 134,177
  • High Value: 195,433
  • Low Value: 72,920

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $194,750
  • First Open Lien Mortgage Lender: FIRST MERCHANTS BANK
  • First Open Lien Mortgage Recording Date: Jun 02, 2022
  • First Open Lien Mortgage Loan Amount: $194,750
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2052

    Market Valuation

  • Market Total Value: $135,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $67,900

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 26, 2022
  • Current Sale Recording Date: Jun 02, 2022
  • Current Sale Transaction ID: 11890169809
  • Current Sale Price: $212,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 200365
  • Previous Sale Recording Date: Dec 07, 2020
  • Previous Sale Contract Date: Oct 30, 2020
  • Previous Sale Amount: $135,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST MERCHANTS BANK
  • First Mortgage Transaction Date: Jun 02, 2022
  • First Mortgage Loan Amount: $194,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: FLAGSTAR BANK FSB
  • Previous Mortgage Transaction Date: Dec 07, 2020
  • Previous Mortgage Loan Amount: $125,000
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2050

About Livonia



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Frequently Asked Questions

What neighborhood is 12061 Arcola Street located in?
The 12061 Arcola Street is a located in the neighborhood of Livonia in Livonia, Livonia.
What is the average sales price for listings in 12061 Arcola Street?
The average sales price for units in 12061 Arcola Street is $0 currently.

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