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42937 Colonial Road

42937 Colonial Road, Belleville, MI 48111
Property in Van Buren
Sold Feb 18, 2021
$309,900
$304,286 by Lake Michigan Cu
Mortgage Due Mar 01, 2051
Local assessors in Belleville, MI have categorized 42937 Colonial Road as a residential type of property. The property's lot size has been calculated to be 8,712 square feet. The linear feet between the front and back of the lot was measured at 1,200 ft and the front of the lot was measured at 899 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a condo style.

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. The home's a forced air unit is the primary heating source. 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, 42937 Colonial Road sold most recently in Feb 4, 2021 for a total of $309,900. 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 $3,539 in taxes each year. 42937 Colonial Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $182,800. 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. 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!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

  • Bedroom Count: 0
  • Building Style: Condo
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,712
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 899
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WAYNE COUNTY COND SUB
  • Land Acres: 0.2
  • Standard Land Use Code: Single family residential
  • Legal Description 1: *26J20* UNIT 20 WAYNE COUNTY COND SUB PLAN NO 932 AKA COUNTRY WALK IV T3S R8E L45621 OF DEEDS P 175 TO 273 WCR-K-0.7633

Ownership

  • Current Owner : MASSEY MARVELOUS M
  • Current Owner 2: MASSEY KIMBERLY C
  • Previous Owner : UPLAND HOMES INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Van Buren Public Schools
  • School Tax School District: VAN BUREN
  • Census Tract: 588400

Zoning

  • Zoning: R1A

Geography

  • District: 83
  • Section: 05
  • Parcel: 83 102 05 0020 000
  • Lot: 0020
  • Municipality: VAN BUREN TWP
  • Latitude: 42.2028
  • Longitude: -83.4605

    Address

  • Full Address: 42937 Colonial Rd
  • Legal Unit: 20
  • Address - House Number: 42937
  • Address - Street Name: Colonial
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Belleville
  • Carrier Code: H052
  • 4-Digit Zip Code: 3342
  • Zip Code: 48111

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,539
  • Tax Rate Code Area: 82430

    Appraisal Valuation

  • Standard Deviation: 0.2561
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 63
  • Final Value: 403,584
  • High Value: 506,949
  • Low Value: 300,219

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $304,286
  • First Open Lien Mortgage Lender: LAKE MICHIGAN CU
  • First Open Lien Mortgage Recording Date: Feb 18, 2021
  • First Open Lien Mortgage Loan Amount: $304,286
  • 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: Mar 01, 2051

    Market Valuation

  • Market Total Value: $365,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $182,800

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 04, 2021
  • Current Sale Recording Date: Feb 18, 2021
  • Current Sale Transaction ID: 11825929362
  • Current Sale Price: $309,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021059991

    Last Sale Mortgage

  • First Mortgage Lender: LAKE MICHIGAN CU
  • First Mortgage Transaction Date: Feb 18, 2021
  • First Mortgage Loan Amount: $304,286
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Mar 01, 2051

About Wayne



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Frequently Asked Questions

What neighborhood is 42937 Colonial Road located in?
The 42937 Colonial Road is a located in the neighborhood of Van Buren in Wayne, Belleville.
What is the average sales price for listings in 42937 Colonial Road?
The average sales price for units in 42937 Colonial Road is $0 currently.

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