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18074 Oak Avenue

18074 Oak Avenue, Eastpointe, MI 48021
Property in Eastpointe
Sold Jul 15, 2019
$93,500
$91,805 by Mortgage 1 Inc
Mortgage Due Jul 01, 2049
Sold Oct 23, 2014
$52,000
18074 Oak Avenue has been categorized by the local assessors in Eastpointe, MI as a residential type of property. The building on the property was first built in 1953 and is 71 years old. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 18074 Oak Avenue has 999 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 1,030 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 5,140 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler 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 detached garage for those who require parking. The garage measured 495 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a porch. 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 alum/vinyl siding. In terms of heating, it is utilizing a forced air unit. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. 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, 18074 Oak Avenue sold most recently in Jul 10, 2019 for a total of $93,500. If you work out the math, that's approximately a cost of $93.59 per sqft. Before that, the property was also sold for $52,000 in Oct 3, 2014. 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 $3,240 in taxes each year. 18074 Oak Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $45,800. 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. 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.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: 1953
  • Effective Year Built: 1953
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: C
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 999
  • Garage Type: Detached
  • Garage Square Area: 495
  • Parking Space Count: 2
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 5,140
  • Lot Size Depth Feet: 1,030
  • Lot Size Frontage Feet: 500
  • Total Building Area: 999
  • Building Area: 999
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 999
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: KELLY SUPER-HIGHWAY SUB
  • Land Acres: 0.118
  • Standard Land Use Code: Single family residential
  • Legal Description 1: KELLY SUPER-HIGHWAY SUB. LOT 93 & E 10 FT OF LOT 94 LIBER 8, PAGE 83

Ownership

  • Current Owner : WENBERG BROCK
  • Previous Owner : CATES CASSANDRA M
  • Previous Owner 2: ROGERS CASSANDRA
  • Owner Before Previous Owner: BOUFFARD GLORIA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: East Detroit Public Schools
  • School Tax School District: EAST DETROIT
  • Census Tract: 258600

Zoning

  • Zoning: R-1

Geography

  • District: 02
  • Parcel: 02-14-32-206-008
  • Lot: 93-94
  • Municipality: EASTPOINTE CITY
  • Latitude: 42.4626
  • Longitude: -82.9337

    Address

  • Full Address: 18074 Oak Ave
  • Address - House Number: 18074
  • Address - Street Name: Oak
  • Address - Suffix Type: Ave
  • State: MI
  • City Name: Eastpointe
  • Carrier Code: C004
  • 4-Digit Zip Code: 2626
  • Zip Code: 48021

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,240

    Appraisal Valuation

  • Standard Deviation: 0.2043
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 72
  • Final Value: 138,823
  • High Value: 167,190
  • Low Value: 110,457

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $99,305
  • First Open Lien Mortgage Lender: MORTGAGE 1 INC
  • First Open Lien Mortgage Recording Date: Jul 15, 2019
  • First Open Lien Mortgage Loan Amount: $91,805
  • 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: Jul 01, 2049
  • Second Open Lien Mortgage Lender: MICHIGAN STATE HOUSING DEVELOP
  • Second Open Lien Mortgage Recording Date: Jul 15, 2019
  • Second Open Lien Mortgage Loan Amount: $7,500
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: 2nd Mortgage made to cover Down Payment

    Market Valuation

  • Market Total Value: $91,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $45,800

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 10, 2019
  • Current Sale Recording Date: Jul 15, 2019
  • Current Sale Transaction ID: 11623070811
  • Current Sale Price: $93,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 9078223
  • Previous Sale Recording Date: Oct 23, 2014
  • Previous Sale Contract Date: Oct 03, 2014
  • Previous Sale Amount: $52,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE 1 INC
  • First Mortgage Transaction Date: Jul 15, 2019
  • First Mortgage Loan Amount: $91,805
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jul 01, 2049

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Frequently Asked Questions

What neighborhood is 18074 Oak Avenue located in?
The 18074 Oak Avenue is a located in the neighborhood of Eastpointe in Eastpointe, Eastpointe.
What is the average sales price for listings in 18074 Oak Avenue?
The average sales price for units in 18074 Oak Avenue is $0 currently.

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