NOT LISTED FOR SALE

18077 Homer St Roseville, MI 48066

Estimated Value: $207,000 - $220,000

4 Beds
2 Baths
2,348 Sq Ft
$90/Sq Ft Est. Value

Last Sold July 27, 2022

Last sale price $175,000 $75 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $1,642/month

21 Days on Market

Highlights

  • Colonial Architecture
  • Forced Air Heating System
  • Private Entrance
  • 1-Story Property

About This Home

As of July 2022

This vintage two story home represents an INCOME PRODUCING OPPORTUNITY. Continue to rent both or rent one unit and live in the other unit. Both units are month to month. The combined rent for both unit is $1750.00 per month. a stove and refrigerator are included inn each unit. The washer and dryer in the basement are shared by the tenants. The 2012 remodeling included new plumbing throughout, bathrooms remolded, all interior doors replaced, main line sewer replaced in 2021. BOTH UNITS ARE CITY CERTIFIED. Conveniently located near Gratiot and Utica Road with easy access to shopping and freeways .

Last Agent to Sell the Property

Jeffery Alasina

Coldwell Banker Professionals Birm License #6502356579 Listed on: 06/20/2022

Coldwell Banker Professionals Birm

Last Buyer's Agent

Zaid Kassab

EXP Realty Main License #6501416571

EXP Realty Main

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1920 | Remodeled in 2012

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 40x174
  • Private Entrance

Home Design

  • Colonial Architecture
  • Block Foundation

Interior Spaces

  • 2 Full Bathrooms
  • 2,348 Sq Ft Home
  • 1-Story Property

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 1417252041
  • $3,500 Seller Concession

Community Details

Overview

  • 2 Units
  • Assessors Replat Of Ap # 09 Rsvl Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,710

Year Built

Built in 1920 | Remodeled in 2012

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Colonial
  • Architecture Level: 1 Story
  • Year Built: 1920
  • State Equalized Value: 58100.0000
  • Year Renovated: 2012
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Interior Entry (Interior Access), Unfinished, Common
  • Sq Ft Combined: 2348
  • Total Sq Ft: 2348
  • Sq Ft Total Bsmt: 1324

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Aluminum
  • Exterior Features: Private Entry
  • Foundation Materials: Block
  • Frontage Feet: 40
  • Road Frontage Type: Paved

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Schools

  • School District: Roseville

Lot Info

  • Lot Size Area: 0.20
  • Lot Dimensions: 40X174
  • Parcel Number: 1417252041
  • Zoning: Multi-Family

Rental Info

  • Rent Includes: Trash Collection (Garbage Pickup)
  • Monthly Rental Income: 1750

Tax Info

  • Tax Amount Summer: 1938.0000
  • Tax Amount Winter: 1772.0000
  • Total Tax: 3710.0000
  • Taxable Value: 48872.0000

Multi Family

  • Gross Scheduled Income: 15598.00
  • Number Of Units Total: 2
  • Number of Two Bedroom Units: 2
  • Number Of Units Leased: 2

MLS Schools

  • School District: Roseville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 20, 2023
Sold by
Saeed Zaid and Kassab Nadine
Bought by
Zangns Estate Llc
Current Estimated Value
$211,506

Purchase Details

Listed on
Jun 20, 2022
Closed on
Jul 27, 2022
Sold by
Yohannes Gebregiorgis
Bought by
Saeed Zaid and Kassab Nadeen
Seller's Agent
Jeffery Alasina
Coldwell Banker Professionals Birm
Buyer's Agent
Zaid Kassab
EXP Realty Main
List Price
$179,900
Sold Price
$175,000
Premium/Discount to List
-$4,900
-2.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.30%
Original Mortgage
$131,250
Interest Rate
5.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 15, 2018
Closed on
Oct 30, 2018
Sold by
Davis Krystal Mason and Davis Daniel Bradley
Bought by
Gebregiorgis Yohannes
Seller's Agent
Conrad Chojnacki
Keller Williams Premier
Buyer's Agent
Genevieve Carissimi
List Price
$99,900
Sold Price
$80,000
Premium/Discount to List
-$19,900
-19.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.28%
Original Mortgage
$60,000
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 23, 2011
Sold by
Fannie Mae
Bought by
Davis Daniel Bradley and Davis Krystal Mason

Purchase Details

Closed on
Feb 5, 2010
Sold by
Citimortgage Inc
Bought by
Federal National Mortgage Association
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
Zangns Estate Llc -- None Listed On Document
Saeed Zaid $175,000 None Listed On Document
Gebregiorgis Yohannes $80,000 First American Title
Davis Daniel Bradley $22,500 None Available
Federal National Mortgage Association -- None Available
Citimortgage Inc $30,753 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Saeed Zaid $131,250
Previous Owner Gebregiorgis Yohannes $102,900
Previous Owner Gebregiorgis Yohannes $60,000
Previous Owner Davis Daniel Bradley $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2022 07/27/22 Sold $175,000 -2.7% $75 / Sq Ft
07/11/2022 07/11/22 Pending -- -- --
06/20/2022 06/20/22 For Sale $179,900 +124.9% $77 / Sq Ft
10/30/2018 10/30/18 Sold $80,000 -19.9% $34 / Sq Ft
09/26/2018 09/26/18 Pending -- -- --
08/15/2018 08/15/18 For Sale $99,900 -- $43 / 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 $5,906 $89,800 $0 $0
2024 $3,091 $83,100 $0 $0
2023 $2,960 $72,700 $0 $0
2022 $3,860 $64,300 $0 $0
2021 $3,746 $58,100 $0 $0
2020 $2,069 $50,400 $0 $0
2019 $3,366 $47,300 $0 $0
2018 $2,402 $0 $0 $0
2017 $2,270 $36,331 $6,166 $30,165
2016 $2,255 $36,331 $0 $0
2015 $1,489 $32,552 $0 $0
2013 -- $35,006 $0 $0
2011 -- $39,534 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20221006539

Realcomp

APN: 08-14-17-252-041