NOT LISTED FOR SALE

116 E James St River Rouge, MI 48218

Estimated Value: $69,000 - $75,555

1 Bed
1.5 Baths
600 Sq Ft
$120/Sq Ft Est. Value

Last Sold July 14, 2023

Last sale price $70,000 $117 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $508/month

13 Days on Market

Highlights

  • Ranch Style House
  • Enclosed patio or porch
  • Laundry Facilities
  • No HOA
  • Forced Air Heating System
  • 2-minute walk to John Jakubowski Park

About This Home

As of July 2023

Welcome to this stunning 1-bedroom, 1.5-bathroom home nestled on a double lot, offering an exceptional opportunity for comfortable living and potential income generation. Located in a desirable neighborhood, this property is currently operating as a successful VRBO, making it an ideal investment option.Upon arrival, you'll appreciate the well-maintained exterior, featuring beautiful landscaping and ample parking space. The inviting front entrance leads you into a thoughtfully designed interior boasting a warm and welcoming ambiance.Step inside to discover a spacious and tastefully decorated living area, perfect for relaxing or entertaining guests. Large windows allow natural light to flood the room, creating an inviting atmosphere.

Last Agent to Sell the Property

Jeff Glover

KW Professionals License #6501317808 Listed on: 06/08/2023

KW Professionals

Co-Listed By

Cindi Ames

KW Professionals Brighton License #6501397113

Last Buyer's Agent

Jessica Turner

RE/MAX City Centre License #6501434538

RE/MAX City Centre

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1922

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 30.00 x 100.00

Home Design

  • Ranch Style House
  • Block Foundation

Interior Spaces

  • 600 Sq Ft Home
  • Partially Finished Basement
  • Natural lighting in basement
  • Free-Standing Gas Oven

Bedrooms and Bathrooms

  • 1 Bedroom

Laundry

  • Dryer
  • Washer

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Enclosed patio or porch
  • Ground Level

Listing and Financial Details

  • Assessor Parcel Number 50005080275000

Community Details

Overview

  • No Home Owners Association
  • River Rouge Improvement Cos Sub Subdivision

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,139

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1922
  • State Equalized Value: 13300.0000
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 7
  • Total Bedrooms: 1
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Daylight, Partially Finished
  • Kitchen Appliances: Dryer, Free-Standing Gas Oven, Free-Standing Refrigerator, Washer
  • Sq Ft Combined: 1200
  • Sq Ft Lower Floor: 600
  • Total Sq Ft: 600
  • Sq Ft Total Bsmt: 1000

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Aluminum
  • Foundation Materials: Block
  • Frontage Feet: 30
  • Porch Type: Porch - Enclosed, Porch
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Window Unit(s)
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)
  • Laundry Facilities: Yes

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: River Rouge

Lot Info

  • List Price per Acre: 857142.8500
  • Lot Size Area: 0.07
  • Lot Dimensions: 30.00 x 100.00
  • Parcel Number: 50005080275000

Tax Info

  • Tax Amount Summer: 780.0200
  • Tax Amount Winter: 359.2900
  • Total Tax: 1139.0000

MLS Schools

  • School District: River Rouge

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2023
Closed on
Jul 11, 2023
Sold by
Morgan-England Tara
Bought by
Obi Victor
Seller's Agent
Jeff Glover
KW Professionals
Buyer's Agent
Jessica Turner
RE/MAX City Centre
List Price
$60,000
Sold Price
$70,000
Premium/Discount to List
$10,000
16.67%
Views
118
Current Estimated Value
$72,943

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,943
Avg. Annual Appreciation
2.64%
Original Mortgage
$64,600
Outstanding Balance
$63,350
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$10,525

Purchase Details

Listed on
Mar 16, 2020
Closed on
Apr 22, 2020
Sold by
Treadway Elmer Gene and Treadway Ruby L
Bought by
Morgan England Tara
Seller's Agent
Angela Gaffka
Learn Smart Moves, LLC
Buyer's Agent
Michael Barthel
RE/MAX First
List Price
$22,000
Sold Price
$22,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
43.10%

Purchase Details

Closed on
Oct 20, 2014
Sold by
Treadway Ruby L and Treadway Elmer J
Bought by
Treadway Ruby L and Mueller Linda Dinah
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Obi Victor $70,000 Modern Title
Morgan England Tara $22,000 Title One Inc
Treadway Ruby L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Obi Victor $64,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2023 07/14/23 Sold $70,000 +16.7% $117 / Sq Ft
06/21/2023 06/21/23 Pending -- -- --
06/08/2023 06/08/23 For Sale $60,000 +172.7% $100 / Sq Ft
04/22/2020 04/22/20 Sold $22,000 0.0% $37 / Sq Ft
03/21/2020 03/21/20 Pending -- -- --
03/20/2020 03/20/20 For Sale $22,000 0.0% $37 / Sq Ft
03/20/2020 03/20/20 Off Market $22,000 -- --
03/16/2020 03/16/20 For Sale $22,000 -- $37 / Sq Ft
Source: Realcomp

Tax History Compared to Growth

Source: Public Records

Tax History

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 $1,296 $26,600 $0 $0
2024 $1,296 $22,400 $0 $0
2023 $827 $17,200 $0 $0
2022 $1,151 $13,300 $0 $0
2021 $1,115 $11,100 $0 $0
2020 $692 $9,400 $0 $0
2019 $429 $8,300 $0 $0
2018 $419 $7,800 $0 $0
2017 $496 $7,900 $0 $0
2016 $674 $8,000 $0 $0
2015 $950 $9,500 $0 $0
2013 $1,158 $16,200 $0 $0
2012 $885 $15,900 $3,100 $12,800
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 20230044929

Realcomp

APN: 50-005-08-0275-000