NOT LISTED FOR SALE

11131 Olive St Romulus, MI 48174

Romulus Area

Estimated Value: $176,406 - $193,000

3 Beds
1 Bath
1,225 Sq Ft
$150/Sq Ft Est. Value

Sale Details

Date Sold: May 28, 2018

Last sale price $119,000 $97 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $1,214 / mo

205 Days on Market

Highlights

  • Cape Cod Architecture
  • Forced Air Heating and Cooling System
  • 2 Car Garage
  • No HOA

About This Home

As of May 2018

3 BR classic cape cod bungalow located in downtown Romulus, well maintained, large secluded, treed, and fenced yard (almost 1/2 acre). Kitchen recently remodeled. Currently tenant occupied, requires a 24 hr minimum to show with the best time is on weekends. Good income producer or beautiful home to live in. Basement unfinished, lots of storage, and glass block windows. Has both a front porch and a rear deck.

Last Agent to Sell the Property

Oscar Rhoton

Metro Realty Group, Inc License #6501273765 Listed on: 10/02/2017

Last Buyer's Agent

Oscar Rhoton

Metro Realty Group, Inc License #6501273765 Listed on: 10/02/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1925

Parking

  • 2 Car Garage

Home Design

  • Cape Cod Architecture
  • Block Foundation

Interior Spaces

  • 1,225 Sq Ft Home
  • 1.5-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Additional Features

  • Exterior Lighting
  • Lot Dimensions are 94x159.36x94x159.36

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 80078010263300

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,113

Year Built

Built in 1925

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Architecture Style: Cape Cod
  • Architecture Level: 1 1/2 Story
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 1225

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Aluminum, Wood
  • Exterior Features: Lighting
  • Foundation Materials: Block
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • Garage Size: 2 Car
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Lot Dimensions: 94x159.36x94x159.36
  • Parcel Number: 80078010263300

Tax Info

  • Tax Amount Summer: 1710.0000
  • Tax Amount Winter: 403.0000
  • Total Tax: 2113.0000

MLS Schools

  • School District: Romulus

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2017
Closed on
May 25, 2018
Sold by
Bought by
Seller's Agent
Oscar Rhoton
Metro Realty Group, Inc
Buyer's Agent
Oscar Rhoton
Metro Realty Group, Inc
List Price
$114,900
Sold Price
$119,000
Premium/Discount to List
$4,100
3.57%
Current Estimated Value
$183,352

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,352
Avg. Annual Appreciation
5.46%
Original Mortgage
$77,000
Interest Rate
0.045%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 15, 2011
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,700
Interest Rate
0.0463%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 7, 1999
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$99,000 Michigan Title Ins Agency In
$45,000 Multiple
$85,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $81,000
Closed $77,000
Previous Owner $31,000
Previous Owner $20,000
Previous Owner $39,700
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/28/2018 05/28/18 Sold $119,000 +3.6% $97 / Sq Ft
04/25/2018 04/25/18 Pending -- -- --
11/11/2017 11/11/17 For Sale $114,900 0.0% $94 / Sq Ft
10/22/2017 10/22/17 Pending -- -- --
10/02/2017 10/02/17 For Sale $114,900 -- $94 / Sq Ft
Source: Realcomp

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,686 $67,600 $0 $0
2024 $2,604 $63,800 $0 $0
2023 $2,498 $59,100 $0 $0
2022 $2,765 $55,900 $0 $0
2021 $2,697 $36,400 $0 $0
2020 $2,201 $39,900 $0 $0
2019 $2,189 $38,200 $0 $0
2018 $1,200 $30,800 $0 $0
2017 $798 $30,700 $0 $0
2016 $2,183 $32,100 $0 $0
2015 $3,140 $31,400 $0 $0
2013 $3,400 $36,300 $0 $0
2012 $1,418 $35,900 $11,400 $24,500
Source: Public Records

Agents Affiliated with this Home

  • O

    Seller's Agent in 2018

    Oscar Rhoton

    Metro Realty Group, Inc

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Map

Source: Realcomp

MLS Number: 217088822

Realcomp

APN: 80-078-01-0263-300

Michigan Wayne County Romulus 48174

11131 Olive St, Romulus, MI

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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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