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16228 Cedar Way Street

16228 Cedar Way Street, Romulus, MI 48174
Property in Romulus
Sold Jan 13, 2015
$80,000
$76,000 by Genisys Cu
Mortgage Due Jan 01, 2045
Sold Jun 08, 2011
$25,000
16228 Cedar Way Street has been categorized by the local assessors in Romulus, MI as a residential type of property. The building on the property was first built in 1972 and is 52 years old. The home has a total of 3 bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 16228 Cedar Way Street has 1,526 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,380 ft and across the front of the lot is 600 ft. The area measurement of the land has been determined as 8,276 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 968 sqft. According to our sources, there are a total of 4 available parking spaces. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C- by the local assessor. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. There is a single fireplace in the home. Perfect for those wintery nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 16228 Cedar Way Street sold most recently in Dec 31, 2014 for a total of $80,000. If you work out the math, that's approximately a cost of $52.42 per sqft. Before that, the property was also sold for $25,000 in May 23, 2011. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,218 in taxes each year. 16228 Cedar Way Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $76,900. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Quality: C-
  • Construction Type: Wood
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 528
  • Garage Type: Garage
  • Garage Square Area: 968
  • Parking Space Count: 4

    Dimensions

  • Lot Size Square Feet: 8,276
  • Lot Size Depth Feet: 1,380
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,526
  • Building Area: 1,526
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,526
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MEADOWDALE SUB
  • Land Acres: 0.19
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 36H69 LOT 69 MEADOWDALE SUB T3SR9E L93 P78 79 WCR

Ownership

  • Current Owner : DIXON CHARLENE RUTH
  • Previous Owner : MOTA RIGOBERTO
  • Previous Owner 2: MOTA ANA KARINA
  • Owner Before Previous Owner: HSBC MORTGAGE CORPORATION USA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Romulus Community Schools
  • School Tax School District: ROMULUS
  • Census Tract: 586201

Zoning

  • Zoning: R1B-S.F

Geography

  • Assessors Map Reference: MAPS 143 06 25F
  • District: 80
  • Section: 01
  • Parcel: 80 143 01 0069 000
  • Lot: 69
  • Municipality: ROMULUS CITY
  • Latitude: 42.1866
  • Longitude: -83.3217

    Address

  • Full Address: 16228 Cedar Way St
  • Address - House Number: 16228
  • Address - Street Name: Cedar Way
  • Address - Suffix Type: St
  • State: MI
  • City Name: Romulus
  • Carrier Code: C064
  • 4-Digit Zip Code: 3006
  • Zip Code: 48174

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,218
  • Tax Rate Code Area: 82130

    Appraisal Valuation

  • Standard Deviation: 0.4565
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 8
  • Final Value: 154,812
  • High Value: 225,489
  • Low Value: 84,134

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $116,000
  • First Open Lien Mortgage Lender: GENISYS CU
  • First Open Lien Mortgage Recording Date: Jan 13, 2015
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $76,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2045
  • Second Open Lien Mortgage Lender: GENISYS CREDIT UNION
  • Second Open Lien Mortgage Recording Date: Sep 05, 2023
  • Second Open Lien Mortgage Loan Amount: $40,000
  • Second Open Lien Mortgage Term: 120
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Aug 11, 2033

    Market Valuation

  • Market Total Value: $153,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $76,900

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 31, 2014
  • Current Sale Recording Date: Jan 13, 2015
  • Current Sale Transaction ID: 1096826424
  • Current Sale Price: $80,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2015020661
  • Previous Sale Recording Date: Jun 08, 2011
  • Previous Sale Contract Date: May 23, 2011
  • Previous Sale Amount: $25,000
  • Previous Sale Document Type: Other

    Last Sale Mortgage

  • First Mortgage Lender: GENISYS CU
  • First Mortgage Transaction Date: Jan 13, 2015
  • First Mortgage Loan Amount: $76,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Jan 01, 2045

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Romulus



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Frequently Asked Questions

What neighborhood is 16228 Cedar Way Street located in?
The 16228 Cedar Way Street is a located in the neighborhood of Romulus in Romulus, Romulus.
What is the average sales price for listings in 16228 Cedar Way Street?
The average sales price for units in 16228 Cedar Way Street is $0 currently.

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