NOT LISTED FOR SALE

118 E Rowland Ave Madison Heights, MI 48071

Estimated Value: $175,000 - $207,000

3 Beds
1 Bath
1,107 Sq Ft
$167/Sq Ft Est. Value

Last Sold October 18, 2022

Last sale price $128,500 $116 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $1,336/month

38 Days on Market

Highlights

  • Ranch Style House
  • Covered Patio or Porch
  • Forced Air Heating System
  • No HOA
  • 1 Car Detached Garage
  • Ceiling Fan

About This Home

As of October 2022

Turnkey, cash flowing Madison Heights rental. Landlord has taken exceptional care of the home. Large master bedroom addition off back! Remodeled bathroom and updated kitchen. Stackable washer/dryer. 1 car garage perfect for extra storage. Tenant paying $1200/month. Lease is through 2/28/23.

Last Agent to Sell the Property

David Thomas

EXP Realty Romeo License #6501389376 Listed on: 08/05/2022

EXP Realty Romeo

Co-Listed By

Ken Hirschmann

EXP Realty License #6506046502

Last Buyer's Agent

Greg Burk

Caldera Real Estate Group License #6501419689

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1953

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 40.00 x 106.00
  • Fenced

Parking

  • 1 Car Detached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,107 Sq Ft Home
  • Ceiling Fan
  • Crawl Space
  • Stacked Washer and Dryer

Kitchen

  • Built-In Gas Range
  • Portable Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Additional Features

  • Covered Patio or Porch
  • Ground Level

Community Details

  • No Home Owners Association
  • John R Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2524353014

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,701

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1953
  • State Equalized Value: 50160.0000
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Kitchen Appliances: Built-In Gas Range, Free-Standing Refrigerator, Portable Dishwasher, Washer/Dryer Stacked
  • Total Sq Ft: 1107

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Crawl
  • Construction Materials: Brick, Vinyl
  • Exterior Features: Fenced
  • Foundation Materials: Poured
  • Porch Type: Porch - Covered, Porch
  • Road Frontage Type: Paved
  • Fencing: Fenced

Garage/Parking

  • Garage Size: 1 Car
  • Garage Features: Detached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s)
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.10
  • Lot Dimensions: 40.00 x 106.00
  • Parcel Number: 2524353014

Tax Info

  • Tax Amount Summer: 2180.0000
  • Tax Amount Winter: 521.0000
  • Total Tax: 2701.0000
  • Taxable Value: 41940.0000

MLS Schools

  • School District: Madison (Madison Hts.)

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2022
Closed on
Oct 18, 2022
Sold by
Lowell Investments Llc
Bought by
Morehouse Vernon and Morehouse Andrew
Seller's Agent
David Thomas
EXP Realty Romeo
Buyer's Agent
Greg Burk
Caldera Real Estate Group
List Price
$160,000
Sold Price
$128,500
Premium/Discount to List
-$31,500
-19.69%
Views
15
Current Estimated Value
$185,193

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,693
Avg. Annual Appreciation
12.02%

Purchase Details

Closed on
Oct 29, 2018
Sold by
Aj Property Llc
Bought by
Sharp Allan and Sharp Donna

Purchase Details

Listed on
Sep 14, 2015
Closed on
Dec 29, 2015
Sold by
Membrere Israel and Membrere Maria Gloria
Bought by
Aj Property Llc
Seller's Agent
Pauline Manetta
Real Estate One Troy
Buyer's Agent
Jeffrey McIntosh
Market Elite Inc.
List Price
$75,000
Sold Price
$53,250
Premium/Discount to List
-$21,750
-29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.25%

Purchase Details

Closed on
Aug 9, 2010
Sold by
Financial Freedom Acquisition Llc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 3, 2010
Sold by
Delgado Dominga and Financial Freedom Senior Fundi
Bought by
Financial Freedom Acquisition Llc

Purchase Details

Closed on
Nov 30, 2006
Sold by
Millington Diana Delgado
Bought by
Delgado Dominga

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,500
Interest Rate
6.51%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
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

Date Buyer Sale Price Title Company
Morehouse Vernon $128,500 --
Morehouse Property Holdings Group Llc -- --
Sharp Allan $91,000 None Available
Aj Property Llc $53,250 Attorney
Federal National Mortgage Association -- None Available
Financial Freedom Acquisition Llc $27,476 None Available
Delgado Dominga -- Jefferson Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Delgado Dominga $142,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/18/2022 10/18/22 Sold $128,500 -1.2% $116 / Sq Ft
09/12/2022 09/12/22 Pending -- -- --
09/08/2022 09/08/22 Price Changed $130,000 -18.8% $117 / Sq Ft
08/05/2022 08/05/22 For Sale $160,000 +200.5% $145 / Sq Ft
12/31/2015 12/31/15 Sold $53,250 -3.2% $48 / Sq Ft View Prior Sale
12/10/2015 12/10/15 Pending -- -- --
12/04/2015 12/04/15 Price Changed $55,000 -8.2% $50 / Sq Ft
11/23/2015 11/23/15 Price Changed $59,900 -7.8% $54 / Sq Ft
10/26/2015 10/26/15 Price Changed $65,000 -7.0% $59 / Sq Ft
10/05/2015 10/05/15 Price Changed $69,900 -6.8% $63 / Sq Ft
09/14/2015 09/14/15 For Sale $75,000 -- $68 / 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 $4,402 $74,020 $0 $0
2024 $3,308 $68,770 $0 $0
2023 $3,171 $61,970 $0 $0
2022 $2,783 $55,990 $0 $0
2021 $2,702 $50,160 $0 $0
2020 $2,242 $45,420 $0 $0
2019 $2,968 $40,600 $0 $0
2018 $1,897 $29,490 $0 $0
2017 $1,846 $29,490 $0 $0
2016 $1,771 $26,790 $0 $0
2015 -- $23,220 $0 $0
2014 -- $20,540 $0 $0
2011 -- $27,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • David Thomas

    Seller's Agent in 2022

    David Thomas

    EXP Realty Romeo

    (586) 945-4422

    2 in this area

    223 Total Sales

    David Thomas
    Section Image
  • Ken Hirschmann

    Seller Co-Listing Agent in 2022

    Ken Hirschmann

    EXP Realty

    (586) 685-1225

    22 in this area

    795 Total Sales

    Ken Hirschmann
    Section Image
  • Greg Burk

    Buyer's Agent in 2022

    Greg Burk

    Caldera Real Estate Group

    (248) 866-5959

    5 in this area

    30 Total Sales

    Greg Burk
    Section Image

  • P

    Seller's Agent in 2015

    Pauline Manetta

    Real Estate One Troy

    Section Image

  • J

    Buyer's Agent in 2015

    Jeffrey McIntosh

    Market Elite Inc.

    Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 20221025222

Realcomp

APN: 25-24-353-014

Michigan Oakland County Madison Heights 48071

118 E Rowland Ave, Madison Heights, MI

Not Listed for Sale

Detached

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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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