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51331 Shelby Road

51331 Shelby Road, Utica, MI 48316
Property in Shelby
Sold Dec 17, 2019
$130,000
Seller
$200,000 by Navy Federal Credit Union
Mortgage
Sold Mar 09, 2010
$130,000
Buyer
Seller
$127,645 by Bank Of America Na
Mortgage Due Mar 01, 2040
51331 Shelby Road 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 1979 and is 45 years old. The home has a total of 9 rooms. 5 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 51331 Shelby Road has 2,673 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 2,480 ft and across the front of the lot is 820 ft. The area measurement of the land has been determined as 19,515 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 460 sqft. According to our sources, there are a total of 2 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 C by the local assessor. The inside of the home is being cooled with no air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery 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, 51331 Shelby Road sold most recently in Nov 22, 2019 for a total of $130,000. If you work out the math, that's approximately a cost of $48.63 per sqft. Before that, the property was also sold for $130,000 in Feb 24, 2010. That means the value of the property has remained about the same! Tax-wise, the current owner is expected to pay close to $2,239 in taxes each year. 51331 Shelby Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $165,700. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay 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: 1979
  • Effective Year Built: 1979
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Quality: C
  • Construction Type: Brick
  • Building Style: Colonial
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 460
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 19,515
  • Lot Size Depth Feet: 2,480
  • Lot Size Frontage Feet: 820
  • Total Building Area: 2,673
  • Building Area: 2,673
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: No air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,673
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SHELBY HIGHLAND SUBDIVISION
  • Land Acres: 0.448
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L 2 SHELBY HIGHLAND SUBDIVISION NO 1 LOT 46. LIBER 29 PAGE 20

Ownership

  • Current Owner : MUNRO JAMES S
  • Previous Owner : MUNRO JAMES
  • Owner Before Previous Owner: IMB REO LLC
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: III

Neighborhood

  • School District Name: Utica Community Schools
  • School Tax School District: UTICA
  • Census Tract: 225500

Zoning

  • Zoning: CK MAP

Geography

  • District: 23
  • Parcel: 23-07-17-377-023
  • Lot: 46
  • Municipality: SHELBY TWP
  • Latitude: 42.6715
  • Longitude: -83.0649

    Address

  • Full Address: 51331 Shelby Rd
  • Address - House Number: 51331
  • Address - Street Name: Shelby
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Shelby Township
  • Carrier Code: C005
  • 4-Digit Zip Code: 4057
  • Zip Code: 48316

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,239

    Appraisal Valuation

  • Standard Deviation: 0.2009
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 73
  • Final Value: 381,590
  • High Value: 458,290
  • Low Value: 304,890

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $200,000
  • First Open Lien Mortgage Lender: NAVY FEDERAL CREDIT UNION
  • First Open Lien Mortgage Recording Date: Aug 19, 2022
  • First Open Lien Mortgage Loan Amount: $200,000
  • 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: $331,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $165,700

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 22, 2019
  • Current Sale Recording Date: Dec 17, 2019
  • Current Sale Transaction ID: 11712348537
  • Current Sale Price: $130,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 9143193
  • Previous Sale Recording Date: Mar 09, 2010
  • Previous Sale Contract Date: Feb 24, 2010
  • Previous Sale Amount: $130,000
  • Previous Sale Document Type: Other

    Last Sale Mortgage

  • First Mortgage Lender: MAIN STREET BANK
  • First Mortgage Transaction Date: Dec 17, 2019
  • First Mortgage Loan Amount: $109,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2034

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA NA
  • Previous Mortgage Transaction Date: Mar 09, 2010
  • Previous Mortgage Loan Amount: $127,645
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Mar 01, 2040

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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 51331 Shelby Road located in?
The 51331 Shelby Road is a located in the neighborhood of Shelby in Utica, Utica.
What is the average sales price for listings in 51331 Shelby Road?
The average sales price for units in 51331 Shelby Road is $0 currently.

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