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54254 Salem Drive

54254 Salem Drive, Utica, MI 48316
Property in Shelby
Sold Oct 12, 2012
$429,000
$342,400 by Capital Mortgage Funding
Mortgage Due Aug 01, 2027
54254 Salem Drive has been categorized by the local assessors in Utica, MI as a residential type of property. The building on the property was first built in 1998 and is 26 years old. The home has a total of 4 bedrooms. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 54254 Salem Drive has 3,896 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 140 ft and across the front of the lot is 90 ft. The area measurement of the land has been determined as 12,589 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a colonial 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 attached garage for those who require parking. The garage measured 720 sqft. According to our sources, there are a total of 3 available parking spaces. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with brick control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of B- by the local assessor. 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. There is a single fireplace in the home. Perfect for those wintery nights. 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, 54254 Salem Drive was last sold in Aug 1, 2012 for $429,000. According to our calculations, that's $110.11 per sqft. Current property owners are expected to pay $4,334 in taxes per year. The property on 54254 Salem Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $309,500. 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. 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.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: 1998
  • Effective Year Built: 1998
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Quality: B-
  • Construction Type: Brick
  • Building Style: Colonial
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 2,207
  • Garage Type: Attached
  • Garage Square Area: 720
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 12,589
  • Lot Size Depth Feet: 140
  • Lot Size Frontage Feet: 90
  • Total Building Area: 3,896
  • Building Area: 3,896
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 3,896
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: V CARRINGTON MANOR SUB
  • Land Acres: 0.289
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L 59 V CARRINGTON MANOR SUB #2 LOT 59 LIBER 111 PAGES 25-28

Ownership

  • Current Owner : MATTI THEYAA S
  • Current Owner 2: MATTI VIVIAN G
  • Previous Owner : LEONARDO MONTELEONE TRUST
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Utica Community Schools
  • School Tax School District: UTICA
  • Census Tract: 225401

Zoning

  • Zoning: R-1-B

Geography

  • District: 23
  • Parcel: 23-07-07-251-011
  • Lot: 59
  • Municipality: SHELBY TWP
  • Latitude: 42.6919
  • Longitude: -83.0834

    Address

  • Full Address: 54254 Salem Dr
  • Address - House Number: 54254
  • Address - Street Name: Salem
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Shelby Township
  • Carrier Code: C013
  • 4-Digit Zip Code: 1370
  • Zip Code: 48316

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,334

    Appraisal Valuation

  • Standard Deviation: 0.1497
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 81
  • Final Value: 780,398
  • High Value: 897,269
  • Low Value: 663,528

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $342,400
  • First Open Lien Mortgage Lender: CAPITAL MORTGAGE FUNDING
  • First Open Lien Mortgage Recording Date: Oct 12, 2012
  • First Open Lien Mortgage Loan Amount: $342,400
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2027

    Market Valuation

  • Market Total Value: $619,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $309,500

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 01, 2012
  • Current Sale Recording Date: Oct 12, 2012
  • Current Sale Transaction ID: 1114737872
  • Current Sale Price: $429,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2138903

    Last Sale Mortgage

  • First Mortgage Lender: CAPITAL MORTGAGE FUNDING
  • First Mortgage Transaction Date: Oct 12, 2012
  • First Mortgage Loan Amount: $342,400
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2027

About Utica



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Unit for rent at 52251 Dorchester, Shelby Twp, MI, 48316

$2,350 /mo

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52251 Dorchester, Shelby Twp, MI, 48316 Listing by Yvonne Zielinski

Frequently Asked Questions

What neighborhood is 54254 Salem Drive located in?
The 54254 Salem Drive is a located in the neighborhood of Shelby in Utica, Utica.
What is the average sales price for listings in 54254 Salem Drive?
The average sales price for units in 54254 Salem Drive is $0 currently.

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