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50893 Russell Drive

50893 Russell Drive, Macomb, MI 48044
Townhouse in Macomb
Sold Nov 23, 2020
$325,000
$175,000 by Platinum Home Mortgage Corp
Mortgage
Sold Sep 08, 1999
$196,365
50893 Russell Drive in Macomb, MI was first built in 1999 and is 25 years old. Although, the building on the property was most recently renovated and altered in 2000. 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 are 2 partial bathrooms. 50893 Russell Drive has 2,109 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 1,340. In total, the area measurement of the land is 9,365 square feet.

Learn more about the property and building on this page. For those who need parking, there is a garage. The garage is 484 sqft. There are a total of 2 available parking spaces. The quality of the control joints have been graded by the local assessor with a letter grade of B-. The exterior walls of the home are made of brick. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. 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, 50893 Russell Drive sold most recently in Oct 29, 2020 for a total of $325,000. If you work out the math, that's approximately a cost of $154.10 per sqft. Before that, the property was also sold for $196,365 in Aug 6, 1999. 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 $4,704 in taxes each year. 50893 Russell Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $200,800. 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. 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

Exterior

Brick Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 2000
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Quality: B-
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Brick
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 2,063
  • Garage Type: Garage
  • Garage Square Area: 484
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 9,365
  • Lot Size Depth Feet: 1,340
  • Lot Size Frontage Feet: 700
  • Total Building Area: 2,109
  • Building Area: 2,109
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,109
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MIDDLE BRANCH ESTATES SUB
  • Land Acres: 0.215
  • Standard Land Use Code: Single family residential
  • Legal Description 1: MIDDLE BRANCH ESTATES SUB. LOT 4 LIBER: 117 PAGES: 11-14

Ownership

  • Current Owner : RYAN JOHN F
  • Previous Owner : WOLF LLOYD C
  • Previous Owner 2: WOLF MARIGOLD C
  • Owner Before Previous Owner: DILUSSO BUILDING INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chippewa Valley Schools
  • School Tax School District: CHIPPEWA VALLEY
  • Census Tract: 224001

Zoning

  • Zoning: R1

Geography

  • District: 20
  • Parcel: 20-08-21-123-004
  • Lot: 4
  • Municipality: MACOMB TWP
  • Latitude: 42.6712
  • Longitude: -82.9351

    Address

  • Full Address: 50893 Russell Dr
  • Address - House Number: 50893
  • Address - Street Name: Russell
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Macomb
  • Carrier Code: R009
  • 4-Digit Zip Code: 1288
  • Zip Code: 48044

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,704

    Appraisal Valuation

  • Standard Deviation: 0.2049
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 72
  • Final Value: 409,378
  • High Value: 493,265
  • Low Value: 325,492

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $175,000
  • First Open Lien Mortgage Lender: PLATINUM HOME MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Nov 23, 2020
  • First Open Lien Mortgage Loan Amount: $175,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $401,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $200,800

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 29, 2020
  • Current Sale Recording Date: Nov 23, 2020
  • Current Sale Transaction ID: 11807121859
  • Current Sale Price: $325,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2144507
  • Previous Sale Recording Date: Sep 08, 1999
  • Previous Sale Contract Date: Aug 06, 1999
  • Previous Sale Amount: $196,365
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: PLATINUM HOME MORTGAGE CORP
  • First Mortgage Transaction Date: Nov 23, 2020
  • First Mortgage Loan Amount: $175,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

About Macomb



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Frequently Asked Questions

What neighborhood is 50893 Russell Drive located in?
The 50893 Russell Drive is a townhouse located in the neighborhood of Macomb in Macomb, Macomb.
What is the average sales price for listings in 50893 Russell Drive?
The average sales price for units in 50893 Russell Drive is $0 currently.

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