Check Availability

331 Cherry Lane

331 Cherry Lane, Inkster, MI 48141
House in Inkster
Sold Nov 14, 2019
$285,000
$100,000 by Nader I Jawad Etal
Mortgage Due Nov 14, 2049
Sold Nov 07, 2019
$282,500
331 Cherry Lane has been categorized by the local assessors in Inkster, MI as a residential type of property. The building on the property was first built in 2015 and is 9 years old. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 331 Cherry Lane has 2,754 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 1,250 ft and across the front of the lot is 600 ft. The area measurement of the land has been determined as 7,405 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 482 sqft. According to our sources, there are a total of 2 available parking spaces. From what we've gathered, the quality of these control joints have been graded with a letter grade of B- 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. 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, 331 Cherry Lane sold most recently in Oct 29, 2019 for a total of $285,000. If you work out the math, that's approximately a cost of $103.49 per sqft. Before that, the property was also sold for $282,500 in Jan 19, 2019. 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 $8,236 in taxes each year. 331 Cherry Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $187,700. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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.

Building Features

Condition

New Construction

Exterior

Brick Exterior

Parking

Attached Garage
Heated Garage
Open Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2015
  • Effective Year Built: 2015
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Quality: B-
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 1,486
  • Garage Type: Garage
  • Garage Square Area: 482
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,405
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 600
  • Total Building Area: 2,754
  • Building Area: 2,754
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,754
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: THE MEADOWS SUB
  • Land Acres: 0.17
  • Standard Land Use Code: Single family residential
  • Legal Description 1: *19S16* LOT 16 THE MEADOWS SUB T2S R10E L 119 P 75 TO 78 WCR

Ownership

  • Current Owner : AL SHIMMARY MAHMOOD AZEEZ
  • Current Owner 2: AL SHIMMARY MARIAM
  • Previous Owner : SAAD HASSAN NEHME
  • Previous Owner 2: SAAD AIDA
  • Owner Before Previous Owner: AKROUSH JONATHAN
  • Owner Before Previous Owner 2: FRADI ABDUL
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Westwood Community Schools
  • School Tax School District: WAYNE-WESTLAND
  • Census Tract: 570100

Geography

  • District: 44
  • Section: 04
  • Parcel: 44 016 04 0016 000
  • Lot: 16
  • Municipality: INKSTER CITY
  • Latitude: 42.3093
  • Longitude: -83.293

    Address

  • Full Address: 331 Cherry Ln
  • Address - House Number: 331
  • Address - Street Name: Cherry
  • Address - Suffix Type: Ln
  • State: MI
  • City Name: Inkster
  • Carrier Code: C022
  • 4-Digit Zip Code: 1499
  • Zip Code: 48141

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,236
  • Tax Rate Code Area: 82240

    Appraisal Valuation

  • Standard Deviation: 0.4565
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 8
  • Final Value: 416,810
  • High Value: 607,099
  • Low Value: 226,520

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $100,000
  • First Open Lien Mortgage Lender: NADER I JAWAD ETAL
  • First Open Lien Mortgage Recording Date: Nov 14, 2019
  • First Open Lien Mortgage Loan Amount: $100,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Nov 14, 2049
  • First Open Lien Mortgage Private Lender: T

    Market Valuation

  • Market Total Value: $375,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $187,700

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 29, 2019
  • Current Sale Recording Date: Nov 14, 2019
  • Current Sale Transaction ID: 11707665754
  • Current Sale Price: $285,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019320876
  • Previous Sale Recording Date: Nov 07, 2019
  • Previous Sale Contract Date: Jan 19, 2019
  • Previous Sale Amount: $282,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NADER I JAWAD ETAL
  • First Mortgage Transaction Date: Nov 14, 2019
  • First Mortgage Loan Amount: $100,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

About Inkster



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 620 Arlington Street, Inkster, MI, 48141

$1,400 /mo

  • 3 Beds
  • 1 Bath
  • 1,075 ft²
620 Arlington Street, Inkster, MI, 48141 Listing by Nasser Saleh

Frequently Asked Questions

What neighborhood is 331 Cherry Lane located in?
The 331 Cherry Lane is a house located in the neighborhood of Inkster in Inkster, Inkster.
What is the average sales price for listings in 331 Cherry Lane?
The average sales price for units in 331 Cherry Lane is $0 currently.

Quantcast