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515 Forest Street

515 Forest Street, Westland, MI 48186
Property in Westland
Sold Aug 06, 2018
$125,000
$121,500 by Amerifirst Financial Corp
Mortgage Due Oct 01, 2051
Sold Apr 13, 2007
$130,000
Local assessors in Westland, MI have categorized 515 Forest Street as a residential type of property. The home was built in 1959 and is 65 years old. The property's lot size has been calculated to be 6,970 square feet. The linear feet between the front and back of the lot was measured at 1,360 ft and the front of the lot was measured at 500 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 515 Forest Street has a total of 1,291 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 704 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with brick control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. Lots of adobe were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Jun 18, 2018 for $125,000. That's $96.82 per sqft. Prior to that sales transaction, the property was also sold in Apr 5, 2007 for $130,000. 515 Forest Street was last assessed in 2023. The total value of the property was assessed at $83,400. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $2,803. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: C
  • Construction Type: Brick
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Adobe
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 704
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,970
  • Lot Size Depth Feet: 1,360
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,291
  • Building Area: 1,291
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,291
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HILL PLAZA SUB
  • Land Acres: 0.16
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 21K234 LOT 234 CHERRY HILL PLAZA SUB NO 2 T2S R9E L82 P68 69 70 WCR

Ownership

  • Current Owner : GIRARDMORGAN NATHAN ALAN
  • Previous Owner : GIRARD GERALD E
  • Owner Before Previous Owner: GIRARD GERALD E
  • Owner Before Previous Owner 2: DINOPOL ANA E
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wayne-Westland Community School District
  • School Tax School District: WAYNE-WESTLAND
  • Census Tract: 565900

Geography

  • District: 56
  • Section: 03
  • Parcel: 56 061 03 0234 000
  • Lot: 234
  • Municipality: WESTLAND CITY
  • Latitude: 42.3073
  • Longitude: -83.3742

    Address

  • Full Address: 515 Forest St
  • Address - House Number: 515
  • Address - Street Name: Forest
  • Address - Suffix Type: St
  • State: MI
  • City Name: Westland
  • Carrier Code: C028
  • 4-Digit Zip Code: 9207
  • Zip Code: 48186

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,803
  • Tax Rate Code Area: 82160

    Appraisal Valuation

  • Standard Deviation: 0.4565
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 8
  • Final Value: 152,996
  • High Value: 222,844
  • Low Value: 83,147

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $121,500
  • First Open Lien Mortgage Lender: AMERIFIRST FINANCIAL CORP
  • First Open Lien Mortgage Recording Date: Oct 01, 2021
  • First Open Lien Mortgage Loan Amount: $121,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2051

    Market Valuation

  • Market Total Value: $166,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $83,400

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 18, 2018
  • Current Sale Recording Date: Aug 06, 2018
  • Current Sale Transaction ID: 11500978884
  • Current Sale Price: $125,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2018238156
  • Previous Sale Recording Date: Apr 13, 2007
  • Previous Sale Contract Date: Apr 05, 2007
  • Previous Sale Amount: $130,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERIFIRST FINANCIAL CORP
  • First Mortgage Transaction Date: Aug 06, 2018
  • First Mortgage Loan Amount: $122,735
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jul 01, 2048

About Westland



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Frequently Asked Questions

What neighborhood is 515 Forest Street located in?
The 515 Forest Street is a located in the neighborhood of Westland in Westland, Westland.
What is the average sales price for listings in 515 Forest Street?
The average sales price for units in 515 Forest Street is $0 currently.

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