NOT LISTED FOR SALE

168 Richter St River Rouge, MI 48218

Estimated Value: $63,000 - $103,328

4 Beds
1 Bath
1,186 Sq Ft
$72/Sq Ft Est. Value

Last Sold October 01, 2019

Last sale price $30,000 $25 Per Sq Ft

Est. 185% increase in value since last sale

Current estimated payment $558/month

51 Days on Market

Highlights

  • Ranch Style House
  • Forced Air Heating and Cooling System
  • 1-minute walk to John Jakubowski Park
  • No HOA

About This Home

As of October 2019

Great opportunity to own this outstanding corner brick property in a quiet area of River Rouge.
Solid COLONIAL STYLE family property with 4 GOOD BEDROOMS, full basement, living room, and a good-sized family kitchen.
Nice level lot with closed backyard and recent carpeting throughout.
Great High-Yield Investment Property ($850 p/m easily achieved) OR as Owner-Occupied Family Home with great potential.
CITY INSPECTION AVAILABLE, only minor work needed.
What I Love About The Home
WONDERFUL WELL-BUILT 4-BEDROOM COLONIAL HOUSE. NEW CARPETING. GREAT FAMILY HOME, LOW-MAINTENANCE. QUIET, WELL-KEPT STREET AND CLOSE TO GOOD SCHOOLS. Also, FOR SERIOUS INVESTORS: exclusive 2x house investment package available w/huge $1800 p/m rent potential. Contact LISTING AGENT for details NOW.

Last Agent to Sell the Property

John Gregory III

EXP Realty License #6501420832 Listed on: 07/01/2019

EXP Realty

Last Buyer's Agent

LaTonda Winston

EXP Realty Main License #6501411611

EXP Realty Main

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1920 | Remodeled in 2015

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 30.00x100.00

Home Design

  • Ranch Style House

Interior Spaces

  • 1,186 Sq Ft Home
  • Crawl Space

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Sewer in Street

Community Details

  • No Home Owners Association
  • Hoods Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50005060010000

Home Details

Home Type

Single Family

Year Built

Built in 1920 | Remodeled in 2015

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1920
  • Year Renovated: 2015
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 8
  • Total Bedrooms: 4
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Sq Ft Combined: 1186
  • Total Sq Ft: 1186

Exterior Features

  • Foundation Details: Crawl
  • Frontage Feet: 30
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: No Garage

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: River Rouge

Lot Info

  • List Price per Acre: 521428.5714
  • Lot Size Area: 0.07
  • Lot Dimensions: 30.00X100.00
  • Parcel Number: 50005060010000

Tax Info

  • Tax Amount Summer: 1270.0000
  • Tax Amount Winter: 384.0000
  • Total Tax: 1654.0000

MLS Schools

  • School District: River Rouge

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2019
Closed on
Sep 23, 2019
Sold by
Fields Frank J
Bought by
Resendiz Hector
Seller's Agent
John Gregory III
EXP Realty
Buyer's Agent
LaTonda Winston
EXP Realty Main
List Price
$38,000
Sold Price
$30,000
Premium/Discount to List
-$8,000
-21.05%
Current Estimated Value
$85,582

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,582
Avg. Annual Appreciation
17.47%

Purchase Details

Closed on
Mar 23, 2018
Sold by
Greater Detroit Holdings Llc
Bought by
Fields Frank J

Purchase Details

Closed on
Dec 13, 2017
Sold by
Wayne County Land Bank Corporation
Bought by
Greater Detroit Holdings Llc

Purchase Details

Closed on
Jan 21, 2017
Sold by
Greater Detroit Holdings Llc
Bought by
Wayne County Land Bank Corporation

Purchase Details

Closed on
Nov 10, 2015
Sold by
Treasurer Of The Charter County Of Wayne
Bought by
Greater Detroit Holdings Llc

Purchase Details

Closed on
Mar 31, 2005
Sold by
Mullins Derrick L and Mullins Tamene M
Bought by
Ortiz Diaz Martin J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,920
Interest Rate
7.59%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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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
Resendiz Hector $30,000 First American Title Ins Co
Fields Frank J -- First American Title
Greater Detroit Holdings Llc -- None Available
Wayne County Land Bank Corporation -- None Available
Greater Detroit Holdings Llc $1,600 None Available
Ortiz Diaz Martin J $64,900 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Diaz Martin S Ortiz $68,000
Previous Owner Ortiz Martin J $51,920
Previous Owner Ortiz Martin J $12,980
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2019 10/01/19 Sold $30,000 -17.8% $25 / Sq Ft
08/21/2019 08/21/19 Pending -- -- --
07/01/2019 07/01/19 Price Changed $36,500 -3.9% $31 / Sq Ft
07/01/2019 07/01/19 For Sale $38,000 -- $32 / 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 $1,222 $39,600 $0 $0
2024 $1,222 $34,000 $0 $0
2023 $1,222 $26,700 $0 $0
2022 $1,944 $20,500 $0 $0
2021 $1,538 $17,400 $0 $0
2020 $1,549 $15,100 $0 $0
2019 $969 $13,600 $0 $0
2018 $67 $0 $0 $0
2017 $769 $12,000 $0 $0
2016 $1,707 $12,300 $0 $0
2015 $1,530 $15,300 $0 $0
2013 $2,420 $25,400 $0 $0
2012 $2,302 $24,700 $3,100 $21,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 219064399

Realcomp

APN: 50-005-06-0010-000