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12331 Canal Road

12331 Canal Road, Sterling Heights, MI 48313
Property in Sterling Heights
Sold Jun 21, 2021
$245,000
$235,653 by Mortgage 1 Inc
Mortgage Due Jul 01, 2051
Sold Jun 14, 2016
$162,000
Local assessors in Sterling Heights, MI have categorized 12331 Canal Road as a residential type of property. The home was built in 1971 and is 53 years old. The property's lot size has been calculated to be 7,362 square feet. The linear feet between the front and back of the lot was measured at 1,130 ft and the front of the lot was measured at 650 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a bi-level style. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a 3 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 12331 Canal Road has a total of 1,638 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 400 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 12331 Canal Road was last sold in Jun 11, 2021 for $245,000. According to our calculations, that's $149.57 per sqft. Prior to that sales transaction, the property was sold for $162,000 in May 27, 2016. Current property owners are expected to pay $3,317 in taxes per year. The property on 12331 Canal Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $104,000. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: C
  • Building Style: Bi-level
  • Floor Count: 3
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 400
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,362
  • Lot Size Depth Feet: 1,130
  • Lot Size Frontage Feet: 650
  • Total Building Area: 1,638
  • Building Area: 1,638
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,638
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BETHANY MEADOWS SUBDIVISION
  • Land Acres: 0.169
  • Standard Land Use Code: Single family residential
  • Legal Description 1: M 7 BETHANY MEADOWS SUBDIVISION LOT 7

Ownership

  • Current Owner : WATYCHA RANDY
  • Current Owner 2: WATYCHA KRISTY
  • Previous Owner : OLSON JONATHAN
  • Previous Owner 2: OLSON NORRENE MARIE
  • Owner Before Previous Owner: BREAKEY JEFFREY E
  • Owner Before Previous Owner 2: ZVONEK ANGELA J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Utica Community Schools
  • School Tax School District: UTICA
  • Census Tract: 230300

Zoning

  • Zoning: R-60

Geography

  • District: 10
  • Parcel: 10-10-02-178-033
  • Lot: 7
  • Municipality: STERLING HEIGHTS CITY
  • Latitude: 42.6183
  • Longitude: -83.0049

    Address

  • Full Address: 12331 Canal Rd
  • Address - House Number: 12331
  • Address - Street Name: Canal
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Sterling Heights
  • Carrier Code: C026
  • 4-Digit Zip Code: 1005
  • Zip Code: 48313

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,317

    Appraisal Valuation

  • Standard Deviation: 0.1789
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 76
  • Final Value: 282,481
  • High Value: 333,035
  • Low Value: 231,926

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $235,653
  • First Open Lien Mortgage Lender: MORTGAGE 1 INC
  • First Open Lien Mortgage Recording Date: Jun 21, 2021
  • First Open Lien Mortgage Loan Amount: $235,653
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2051

    Market Valuation

  • Market Total Value: $208,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $104,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 11, 2021
  • Current Sale Recording Date: Jun 21, 2021
  • Current Sale Transaction ID: 11846705754
  • Current Sale Price: $245,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202102201817
  • Previous Sale Recording Date: Jun 14, 2016
  • Previous Sale Contract Date: May 27, 2016
  • Previous Sale Amount: $162,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE 1 INC
  • First Mortgage Transaction Date: Jun 21, 2021
  • First Mortgage Loan Amount: $235,653
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jul 01, 2051

About Sterling Heights



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Frequently Asked Questions

What neighborhood is 12331 Canal Road located in?
The 12331 Canal Road is a located in the neighborhood of Sterling Heights in Sterling Heights, Sterling Heights.
What is the average sales price for listings in 12331 Canal Road?
The average sales price for units in 12331 Canal Road is $0 currently.

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