NOT LISTED FOR SALE

16514 E 10 Mile Rd Eastpointe, MI 48021

Estimated Value: $144,000 - $166,000

3 Beds
2.5 Baths
1,220 Sq Ft
$126/Sq Ft Est. Value

Last Sold April 02, 2018

Last sale price $53,500 $44 Per Sq Ft

Est. 187% increase in value since last sale

Current estimated payment $1,052/month

Highlights

  • Ground Level Unit
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System
  • No HOA
  • Bungalow
  • Ceiling Fan

About This Home

As of November 2019

Minimum Net Monthly Income After Taxes Required is $3,750.00 - No Section;3 bedroom 2.5 bath with basement,
1 car detached garage. 2 bedrooms upstairs 1 on main level and the basement has an egress window and can
serve as a 4th bedroom. Freshly painted in neutral color hardwood floors throughout, no carpet. New kitchen
floor. Central Air. Tenant pays all utilities including trash removal. Central location nearly at the corner
of Gratiot and 10 mile rd. Large covered front porch.1st month's rent and 1.5 month's security deposit moves
you in. (qualified applicants only); $50 application fee, non refundable.

Last Agent to Rent the Property

Tara Nysen

Select Real Estate Professionals License #6501387720 Listed on: 09/10/2019

Select Real Estate Professionals

Last Renter's Agent

Tara Nysen

Select Real Estate Professionals License #RCO-6501387720

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,952

Year Built

  • Built in 1925

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 143.00x50.00

Parking

  • 2 Car Detached Garage

Home Design

  • Bungalow
  • Block Foundation

Interior Spaces

  • 1,220 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Location

  • Ground Level Unit

Utilities

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

Community Details

  • No Home Owners Association
  • Chesterfield Park # 01 Subdivision

Listing and Financial Details

  • Security Deposit $1,725
  • 12 Month Lease Term
  • 24 Month Lease Term
  • Application Fee: 50.00
  • Assessor Parcel Number 1430226012

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,952

Year Built

Built in 1925

Lot Details

0

Rental Info

  • Application Fee: 50.00
  • Lease Type: Single Family House
  • Security Deposit: 1725.00

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Year Built: 1925
  • Entry Location: Ground Level
  • Pets Allowed: Cats OK | Dogs OK
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 9
  • Total Bedrooms: 3
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 1220
  • Total Sq Ft: 1220
  • Sq Ft Total Bsmt: 600

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Aluminum
  • Foundation Materials: Block
  • Frontage Feet: 50
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Detached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), 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

Schools

  • School District: Eastpointe Community Schools

Lot Info

  • List Price per Acre: 7187.5000
  • Lot Size Area: 0.16
  • Lot Dimensions: 143.00X50.00
  • Parcel Number: 1430226012

Multi Family

  • Length of Lease: 12 Months, 13-24 Months

MLS Schools

  • School District: Eastpointe Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2017
Closed on
Mar 29, 2018
Sold by
Tork Investments Llc
Bought by
Crest Investnrnts Llc
Seller's Agent
Erick Monzo
Keller Williams Realty-Great Lakes
Buyer's Agent
David Loder
David Loder
List Price
$59,900
Sold Price
$53,500
Premium/Discount to List
-$6,400
-10.68%
Current Estimated Value
$153,646

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,146
Avg. Annual Appreciation
14.93%
Original Mortgage
$42,800
Outstanding Balance
$36,773
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$116,873

Purchase Details

Closed on
Apr 23, 2013
Sold by
Miller Byron T and Miller Gina L
Bought by
Tork Investments Llc

Purchase Details

Closed on
Dec 31, 2012
Sold by
Olter Charles and Morey Olter Davina
Bought by
Miller Byron T and Miller Gina L

Purchase Details

Closed on
Sep 1, 2010
Sold by
Miller Byron T and Miller Gina L
Bought by
Olter Charles and Morey Olter Davina
Source: Public Records

Range of Values:

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Average Value
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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
Crest Investnrnts Llc -- None Available
Chu Jenny $53,500 Regions Title Agency Llc
Tork Investments Llc $30,000 E Title Agency Inc
Miller Byron T $12,500 None Available
Olter Charles -- Greco
Miller Byron T -- Greco
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chu Jenny $42,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/20/2019 11/20/19 Rented $1,100 -4.3% --
09/23/2019 09/23/19 Under Contract -- -- --
09/10/2019 09/10/19 For Rent $1,150 0.0% --
04/02/2018 04/02/18 Sold $53,500 -10.7% $45 / Sq Ft View Prior Sale
01/04/2018 01/04/18 Pending -- -- --
12/11/2017 12/11/17 For Sale $59,900 -- $50 / 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 $2,952 $70,400 $0 $0
2024 $2,818 $66,500 $0 $0
2023 $2,737 $57,600 $0 $0
2022 $2,783 $48,600 $0 $0
2021 $2,739 $40,900 $0 $0
2020 $2,640 $36,700 $0 $0
2019 $2,642 $31,600 $0 $0
2018 $3,005 $29,160 $0 $0
2017 $2,914 $26,250 $3,870 $22,380
2016 $2,417 $26,250 $0 $0
2015 $1,600 $23,550 $0 $0
2013 -- $22,930 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 219093144

Realcomp

APN: 02-14-30-226-012