This home is a Real Estate Owned (REO)/Post Foreclosure. Once a lender has foreclosed on a property it is soon put up for public auction. If bids fall short of the asking price the bank will buy back the home and attempt to sell it on the open market. However, lenders are not real estate agents, meaning that they will often accept offers 30 to 60 percent less than market value!
Sold for $115,000 on 02/08/23
Street View
$115,000
18051 Reed St, Melvindale, MI 48122
3beds
1baths
964sqft
SingleFamily
Built in 1952
5,140 Square Feet Lot
$152,200 Zestimate®
$119/sqft
$1,375 Estimated rent
Home value
$152,200
$140,000 - $164,000
$1,375/mo
Zestimate® history
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Owner options
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What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
Heating
- Forced air
Features
- Basement: Partially finished
Interior area
- Total interior livable area: 964 sqft
Property
Parking
- Parking features: Garage - Attached
Lot
- Size: 5,140 sqft
Details
- Parcel number: 47009040117002
Construction
Type & style
- Home type: SingleFamily
Condition
- Year built: 1952
Community & neighborhood
Location
- Region: Melvindale
Price history
| Date | Event | Price |
|---|---|---|
| 2/8/2023 | Sold | $115,000+325.9%$119/sqft |
Source: Public Record | ||
| 9/17/2009 | Sold | $27,000$28/sqft |
Source:  MiRealSource #180882 | ||
| 8/9/2009 | Price change | $27,000-74.6%$28/sqft |
Source: foreclosure.com | ||
| 8/1/2009 | Listed for sale | -- |
Source: foreclosure.com | ||
| 6/12/2009 | Sold | $106,213+6.2%$110/sqft |
Source: Public Record | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $77,000 +48.6% |
| 2024 | -- | $51,800 +14.9% |
| 2023 | -- | $45,100 +9.7% |
Find assessor info on the county website
Neighborhood: 48122
Nearby schools
GreatSchools rating
- 5/10Allendale Elementary SchoolGrades: 2-5Distance: 0.4 mi
- 4/10Julian O. Strong Middle SchoolGrades: 6-8Distance: 0.3 mi
- 6/10Melvindale High SchoolGrades: 9-12Distance: 0.3 mi
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Estimated market value
$152,200
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$152,200