NOT LISTED FOR SALE

157 W Gates St Romeo, MI 48065

Estimated Value: $240,933 - $282,000

2 Beds
1 Bath
900 Sq Ft
$289/Sq Ft Est. Value

Last Sold June 18, 2020

Last sale price $140,000 $156 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $1,618/month

3 Days on Market

Highlights

  • Deck
  • Porch
  • Living Room
  • Ranch Style House
  • Patio
  • Shed

About This Home

As of June 2020

WELCOME HOME to this adorable 2 bed, 1 bath ranch home! Located in the Village of Romeo with a .25 acre lot, this home will not last long. Conveniently located in downtown Romeo, you will have perfect views of the beginning of the Romeo Peach Fest, short bike rides downtown to Dairy Queen and close proximity to restaurants. The open living room and dining room provide natural light throughout. The Kitchen appliances are included and new floors were recently installed in the kitchen and bath. The basement is unfinished and can accommodate plenty of storage. The nicely designed cement patio and large yard are perfect for family get togethers and backyard barbecues. Other features include newer window and blinds. Schedule your showing today!

Last Agent to Sell the Property

Kevin Mill

Keller Williams Realty Lakeside License #MISPE-6506047921 Listed on: 06/05/2020

Keller Williams Realty Lakeside

Last Buyer's Agent

. Non Mls Member

NON MLS Member License #MISPE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1920

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 109x102

Parking

  • 3 Car Parking Spaces

Home Design

  • Ranch Style House
  • Wood Siding

Interior Spaces

  • 900 Sq Ft Home
  • Living Room
  • Basement
  • Block Basement Construction

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Patio
  • Shed
  • Porch

Utilities

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

Community Details

  • Turner Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 27-01-35-303-006

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,983

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Ranch
  • Structure Style: 1 Story
  • Total Tax Amount: 2983
  • Total Tax Year: 2019
  • Year Built: 1920
  • Mail City: Romeo
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Range/Oven, Refrigerator
  • Basement: Yes
  • Basement: Block
  • Bedrooms: 2
  • Bedroom 1: On Entry Level, Dimensions: 10 x 11
  • Bedroom 2: On Entry Level, Dimensions: 11 x 10
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Bathroom 1: On Level: Entry
  • Room Types: First Flr Primary Bedroom, Living Room
  • Dining Room: On Entry Level, Dimensions: 12 x 13
  • Kitchen: On Entry Level, Dimensions: 10 x 13
  • Living Room: On Entry Level, Dimensions: 13 x 13
  • Below Grade Sq Ft: 882
  • Above Grade Finished Sq Ft: 900
  • Total Finished Sq Ft: 900

Exterior Features

  • Exterior: Wood
  • Exterior Features: Deck, Patio, Porch
  • Foundation: Basement
  • Frontage: 109
  • Road: Private Road
  • Out Buildings: Shed

Garage/Parking

  • Parking: 3 or More Spaces
  • Garage: No

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water
  • Water Heater: Gas

Lot Info

  • Assessor Parcel Number: 27-01-35-303-006
  • Zoning: Residential
  • Lot Dimensions: 109x102
  • Acreage: 0.26
  • Geo Subdivision: MI
  • Site/Lot Features: Main Street

Tax Info

  • Summer Tax: Year: 2019, Amount: $1,930.00
  • Winter Tax: Year: 2019, Amount: $246.00
  • Total Tax: Year: 2019, Amount: $2,983.00
  • Village Tax: 807
  • Village Tax Year: 2019
  • SEV Year: 2019

MLS Schools

  • School District: Romeo Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 6, 2022
Sold by
Kerner Michael R
Bought by
Kerner Michael R
Current Estimated Value
$260,483

Purchase Details

Closed on
Dec 29, 2020
Sold by
Prospect Builders Llc
Bought by
Kerner Michael R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,700
Interest Rate
2.71%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 5, 2020
Closed on
Jun 18, 2020
Sold by
Barber Amanda and Barber John
Bought by
Prospect Builders Llc
Seller's Agent
Kevin Mill
Keller Williams Realty Lakeside
Buyer's Agent
. Non Mls Member
NON MLS Member
List Price
$150,000
Sold Price
$140,000
Premium/Discount to List
-$10,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.33%

Purchase Details

Listed on
Sep 9, 2013
Closed on
Nov 8, 2013
Sold by
Marsak Shirlee
Bought by
Barber John and Barber Amanda
Seller's Agent
Michael Conniff
Century 21 Professionals
Buyer's Agent
. Non Mls Member
NON MLS Member
List Price
$93,900
Sold Price
$93,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.23%
Original Mortgage
$90,600
Interest Rate
4.62%
Mortgage Type
FHA
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
Kerner Michael R -- --
Kerner Michael R $186,800 Michigan Investment Ttl Inc
Kerner Michael R $186,800 Michigan Investment Title
Prospect Builders Llc $140,000 Michigan Investment Ttl Inc
Barber John $93,900 Century Title Agency Service
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kerner Michael R $146,700
Previous Owner Barber John $90,300
Previous Owner Barber John $90,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2020 06/18/20 Sold $140,000 -6.7% $156 / Sq Ft
06/08/2020 06/08/20 Pending -- -- --
06/05/2020 06/05/20 For Sale $150,000 +59.7% $167 / Sq Ft
11/08/2013 11/08/13 Sold $93,900 0.0% $104 / Sq Ft
09/17/2013 09/17/13 Pending -- -- --
09/09/2013 09/09/13 For Sale $93,900 -- $104 / Sq Ft
Source: Michigan Multiple Listing Service

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 $2,514 $116,200 $0 $0
2024 $3,575 $105,500 $0 $0
2023 $3,562 $96,300 $0 $0
2022 $3,599 $94,000 $0 $0
2021 $3,545 $86,300 $0 $0
2020 $2,090 $80,500 $0 $0
2019 $1,930 $78,300 $0 $0
2018 $788 $72,920 $0 $0
2017 $1,296 $63,699 $31,137 $32,562
2016 $2,069 $62,500 $0 $0
2015 -- $56,750 $0 $0
2014 -- $51,300 $25,300 $26,000
2011 -- $45,330 $19,460 $25,870
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Michigan Multiple Listing Service

MLS Number: 50013465

Michigan Multiple Listing Service

APN: 27-01-35-303-006