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4995 Hipp Street

4995 Hipp Street, Dearborn Heights, MI 48125
Property in Dearborn Heights
Sold Aug 01, 2017
$79,900
$78,452 by Pacific Union Financial Llc
Mortgage Due Aug 01, 2047
Sold Aug 06, 2008
$35,500
4995 Hipp Street has been categorized by the local assessors in Dearborn Heights, MI as a residential type of property. The building on the property was first built in 1951 and is 73 years old. The home has a total of 5 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. The building has a total of 1 stories. In addition, 4995 Hipp Street has 1,215 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 1,350 ft and across the front of the lot is 810 ft. The area measurement of the land has been determined as 10,890 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a bungalow style.

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 360 sqft. According to our sources, there is one available parking space. 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 exterior walls of the building are made of a combination of material. 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. 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, 4995 Hipp Street was last sold in Jul 17, 2017 for $79,900. According to our calculations, that's $65.76 per sqft. Prior to that sales transaction, the property was sold for $35,500 in Jun 17, 2008. Current property owners are expected to pay $2,425 in taxes per year. The property on 4995 Hipp Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $65,800. 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. 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!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: 1951
  • Effective Year Built: 1951
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: C-
  • Building Style: Bungalow
  • Exterior Walls Type: Combination
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 360
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 10,890
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 810
  • Total Building Area: 1,215
  • Building Area: 1,215
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,215
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: EDFORD PARK SUB
  • Land Acres: 0.25
  • Standard Land Use Code: Bungalow (residential)
  • Legal Description 1: 34M157 158 LOTS 157 AND 158 ALSO N 1/2 ADJ VAC ALLEY ALSO W 1/2 ADJ VAC ALLEY EDFORD PARK SUB T2S R10E L46 P96 WCR

Ownership

  • Current Owner : LAKKIS REDA
  • Previous Owner : HEISEY MARK
  • Previous Owner 2: HEISEY STEPHANIE A
  • Owner Before Previous Owner: CITIMORTGAGE INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Dearborn Heights School District 7
  • School Tax School District: DEARBORN HTS
  • Census Tract: 572800

Geography

  • District: 33
  • Section: 01
  • Parcel: 33 052 01 0157 000
  • Lot: 157-158
  • Municipality: DEARBORN HEIGHTS CITY
  • Latitude: 42.2739
  • Longitude: -83.2382

    Address

  • Full Address: 4995 Hipp St
  • Address - House Number: 4995
  • Address - Street Name: Hipp
  • Address - Suffix Type: St
  • State: MI
  • City Name: Dearborn Heights
  • Carrier Code: C005
  • 4-Digit Zip Code: 2915
  • Zip Code: 48125

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,425
  • Tax Rate Code Area: 82040

    Appraisal Valuation

  • Standard Deviation: 0.4565
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 8
  • Final Value: 97,926
  • High Value: 142,632
  • Low Value: 53,219

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $78,452
  • First Open Lien Mortgage Lender: PACIFIC UNION FINANCIAL LLC
  • First Open Lien Mortgage Recording Date: Aug 01, 2017
  • First Open Lien Mortgage Loan Amount: $78,452
  • 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: Aug 01, 2047

    Market Valuation

  • Market Total Value: $131,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $65,800

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 17, 2017
  • Current Sale Recording Date: Aug 01, 2017
  • Current Sale Transaction ID: 1732828076
  • Current Sale Price: $79,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2017265653
  • Previous Sale Recording Date: Aug 06, 2008
  • Previous Sale Contract Date: Jun 17, 2008
  • Previous Sale Amount: $35,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: PACIFIC UNION FINANCIAL LLC
  • First Mortgage Transaction Date: Aug 01, 2017
  • First Mortgage Loan Amount: $78,452
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Aug 01, 2047

About Dearborn Heights



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Frequently Asked Questions

What neighborhood is 4995 Hipp Street located in?
The 4995 Hipp Street is a located in the neighborhood of Dearborn Heights in Dearborn Heights, Dearborn Heights.
What is the average sales price for listings in 4995 Hipp Street?
The average sales price for units in 4995 Hipp Street is $0 currently.

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