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46012 Reed Street

46012 Reed Street, Belleville, MI 48111
Property in Sumpter
Sold Dec 18, 2023
$240,000
$240,000 by Mortgage Research Center, Llc
Mortgage Due Jan 01, 2054
Sold Aug 02, 2023
$120,000
46012 Reed Street in Belleville, MI was first built in 1958 and is 66 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. 46012 Reed Street has 1,482 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 700 ft and the linear feet between the front and back of the lot is 2,100. In total, the area measurement of the land is 14,810 square feet.

Learn more about the property and building on this page. For those who need parking, there is a no garage. 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 asbestos shingle. 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. 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, 46012 Reed Street sold most recently in Dec 4, 2023 for a total of $240,000. If you work out the math, that's approximately a cost of $161.94 per sqft. Before that, the property was also sold for $120,000 in Jul 26, 2023. 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 $697 in taxes each year. 46012 Reed Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $83,200. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: C
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Asbestos shingle
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 14,810
  • Lot Size Depth Feet: 2,100
  • Lot Size Frontage Feet: 700
  • Total Building Area: 1,482
  • Building Area: 1,482
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,482
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SUMPTER ESTATES SUB
  • Land Acres: 0.34
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 16D51 LOT 51 SUMPTER ESTATES SUB NO. 3 T4S R8E L82 P19 WCR

Ownership

  • Current Owner : PEARCE MICHAEL T
  • Previous Owner : S & S PROPERTY PRESERVATION INC
  • Owner Before Previous Owner: REARDON TAUNNA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Van Buren Public Schools
  • School Tax School District: VAN BUREN
  • Census Tract: 589402

Geography

  • District: 81
  • Section: 04
  • Parcel: 81 061 04 0051 000
  • Lot: 51
  • Municipality: SUMPTER TWP
  • Latitude: 42.1423
  • Longitude: -83.4879

    Address

  • Full Address: 46012 Reed St
  • Address - House Number: 46012
  • Address - Street Name: Reed
  • Address - Suffix Type: St
  • State: MI
  • City Name: Belleville
  • Carrier Code: R006
  • 4-Digit Zip Code: 8915
  • Zip Code: 48111

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $697
  • Tax Rate Code Area: 82430

    Appraisal Valuation

  • Standard Deviation: 0.2716
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 61
  • Final Value: 223,121
  • High Value: 283,736
  • Low Value: 162,506

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $240,000
  • First Open Lien Mortgage Lender: MORTGAGE RESEARCH CENTER, LLC
  • First Open Lien Mortgage Recording Date: Dec 11, 2023
  • First Open Lien Mortgage Loan Amount: $240,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2054

    Market Valuation

  • Market Total Value: $166,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $83,200

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 04, 2023
  • Current Sale Recording Date: Dec 18, 2023
  • Current Sale Transaction ID: 11919209391
  • Current Sale Price: $240,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 306308
  • Previous Sale Recording Date: Aug 02, 2023
  • Previous Sale Contract Date: Jul 26, 2023
  • Previous Sale Amount: $120,000
  • Previous Sale Document Type: Warranty Deed

About Wayne



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Frequently Asked Questions

What neighborhood is 46012 Reed Street located in?
The 46012 Reed Street is a other located in the neighborhood of Sumpter in Wayne, Belleville.
What is the average sales price for listings in 46012 Reed Street?
The average sales price for units in 46012 Reed Street is $0 currently.

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