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12788 Walnut Street

12788 Walnut Street, Southgate, MI 48195
Property in Southgate
Sold Jun 11, 2019
$115,000
$112,917 by Mortgage 1 Inc
Mortgage Due Jun 01, 2049
Sold Sep 14, 2001
$138,500
12788 Walnut Street in Southgate, MI was first built in 1942 and is 82 years old. This has been categorized as a residential property type. There are a total of 2 floors. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 12788 Walnut Street has 1,016 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 400 ft and the linear feet between the front and back of the lot is 1,120. In total, the area measurement of the land is 4,356 square feet.

Learn more about the property and building on this page. For those who need parking, there is a garage. The garage is 280 sqft. There is one available parking space. The quality of the control joints have been graded by the local assessor with a letter grade of C-. As for heating, the home is utilizing a forced air unit. The property was last sold in May 31, 2019 for $115,000. That's $113.19 per sqft. Prior to that sales transaction, the property was also sold in Aug 8, 2001 for $138,500. 12788 Walnut Street was last assessed in 2023. The total value of the property was assessed at $57,500. 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 $2,182. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1942
  • Effective Year Built: 1942
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: C-
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 672
  • Garage Type: Garage
  • Garage Square Area: 280
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 4,356
  • Lot Size Depth Feet: 1,120
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,016
  • Building Area: 1,016
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,016
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FORDVILLE #1
  • Land Acres: 0.1
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 30C1448 LOT 1448 FORDVILLE NO. 1 T3S R11E L47 P44 WCR

Ownership

  • Current Owner : GRIGGS BILLY J
  • Previous Owner : FELL RICHARD W
  • Owner Before Previous Owner: GOULD CAROL M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Southgate Community School District
  • School Tax School District: SOUTHGATE
  • Census Tract: 581900

Zoning

  • Zoning: R-1B SINGL

Geography

  • District: 53
  • Section: 03
  • Parcel: 53 017 03 1448 000
  • Lot: 1448
  • Municipality: SOUTHGATE CITY
  • Latitude: 42.2092
  • Longitude: -83.1826

    Address

  • Full Address: 12788 Walnut St
  • Address - House Number: 12788
  • Address - Street Name: Walnut
  • Address - Suffix Type: St
  • State: MI
  • City Name: Southgate
  • Carrier Code: C029
  • 4-Digit Zip Code: 1162
  • Zip Code: 48195

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,182
  • Tax Rate Code Area: 82405

    Appraisal Valuation

  • Standard Deviation: 0.4565
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 8
  • Final Value: 110,333
  • High Value: 160,704
  • Low Value: 59,961

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $112,917
  • First Open Lien Mortgage Lender: MORTGAGE 1 INC
  • First Open Lien Mortgage Recording Date: Jun 11, 2019
  • First Open Lien Mortgage Loan Amount: $112,917
  • 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: Jun 01, 2049

    Market Valuation

  • Market Total Value: $115,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $57,500

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 31, 2019
  • Current Sale Recording Date: Jun 11, 2019
  • Current Sale Transaction ID: 11619177991
  • Current Sale Price: $115,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019186685
  • Previous Sale Recording Date: Sep 14, 2001
  • Previous Sale Contract Date: Aug 08, 2001
  • Previous Sale Amount: $138,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE 1 INC
  • First Mortgage Transaction Date: Jun 11, 2019
  • First Mortgage Loan Amount: $112,917
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jun 01, 2049

About Southgate



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 12788 Walnut Street located in?
The 12788 Walnut Street is a located in the neighborhood of Southgate in Southgate, Southgate.
What is the average sales price for listings in 12788 Walnut Street?
The average sales price for units in 12788 Walnut Street is $0 currently.

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