Penny Tarwacki
Real Estate One Southgate
(313) 474-6843
75 Total Sales
4 in Brownstown
$165K - $445K Price Range
18225 Racho Rd Brownstown, MI 48193
Brownstown Area
--
Bed
8
Baths
7,430
Sq Ft
0.74
Acre Lot
Highlights
- 0.74 Acre Lot
- Forced Air Heating and Cooling System
- High Speed Internet
- Wooded Lot
- Laundry Facilities
About This Home
As of February 2025Great investment opportunity to buy a FULLY OCCUPIED 8 unit apartment building! 6 two bedroom, 2 one bedroom units. Total rents currently $7272.00 monthly with plenty of room for increase. New roof in 2017, Furnace and AC in 2016, Vinyl windows, Coin operated washer and dryer included for extra added income. Great management company already in place. Must provide proof of funds to kirsten@reservemgmtco.com to request a showing with listing agent. Showing OF 1 OCCUPIED unit scheduled for SATURDAY MAY 18th 2-3 pm BY APPOINTMENT ONLY, WITH LISTING AGENT BATVAI
Last Agent to Sell the Property
Reserve Management Company License #6501445395 Listed on: 05/16/2024
Last Buyer's Agent
Reserve Management Company License #6501445395 Listed on: 05/16/2024
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1976
Lot Details
- 32,234 Sq Ft Lot
- Lot Dimensions are 117x270
- Wooded Lot
Home Design
- Brick Exterior Construction
- Slab Foundation
- Composition Roof
Parking
- 15 Parking Spaces
- Paved Parking
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Natural Gas Connected
- High Speed Internet
- Cable TV Available
Community Details
- 8 Units
- Laundry Facilities
Listing and Financial Details
- Tenant pays for electric, sewer, gas
- The owner pays for trash collection
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 16, 2024
Closed on
Feb 3, 2025
Sold by
Bought by
Seller's Agent
Kirsten Smitham
Reserve Management Company
Buyer's Agent
Kirsten Smitham
Reserve Management Company
List Price
$800,000
Sold Price
$715,000
Premium/Discount to List
-$85,000
-10.62%
Views
80
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,500
Outstanding Balance
$492,979
Interest Rate
6.85%
Mortgage Type
VA
Purchase Details
Listed on
Mar 19, 2020
Closed on
Aug 10, 2020
Sold by
Bought by
Seller's Agent
Joe Balint
Real Estate One Southgate
Buyer's Agent
Linda Schwartz
Prime + Property
List Price
$560,000
Sold Price
$560,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.59%
Original Mortgage
$420,000
Interest Rate
3%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Listed on
Mar 3, 2018
Closed on
Apr 27, 2018
Sold by
Bought by
Seller's Agent
Steffanie Jozsa
Real Estate One-Southgate
Buyer's Agent
Connie Winn
Elite Realty
List Price
$450,000
Sold Price
$450,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.02%
Original Mortgage
$360,000
Interest Rate
4.45%
Mortgage Type
Commercial
Purchase Details
Closed on
Sep 26, 2005
Sold by
Bought by
Purchase Details
Closed on
Dec 8, 2004
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,000
Interest Rate
5.84%
Mortgage Type
Commercial
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Brownstown, MI
-
Penny Tarwacki
-
Nancy Cuddihy
Nancy Cuddihy
Premiere Realty Group LLC
(734) 292-8043
66 Total Sales
16 in Brownstown
$57K - $476K Price Range
-
Carolena Reed
Carolena Reed
Premiere Realty Group LLC
(734) 366-4319
134 Total Sales
13 in Brownstown
$120K - $410K Price Range
-
Matt Verbaan
Matt Verbaan
Brookstone, Realtors LLC
(947) 900-8144
93 Total Sales
1 in Brownstown
$373,000 Price
-
Tyraa Caldwell
Tyraa Caldwell
Tyraa Nicole Realtors LLC
(313) 646-7276
110 Total Sales
1 in Brownstown
$120,000 Price
-
Lisa Kinney
Lisa Kinney
BBR Realty LLC
(734) 725-2486
62 Total Sales
3 in Brownstown
$26K - $299K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $715,000 | Birmingham Title Agency | ||
| $560,000 | None Available | ||
| $450,000 | First American Title | ||
| -- | Multiple | ||
| $430,000 | Multiple |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $500,500 | ||
| Previous Owner | $420,000 | ||
| Previous Owner | $360,000 | ||
| Previous Owner | $344,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/03/2025 02/03/25 | Sold | $715,000 | -8.3% | $96 / Sq Ft | |
| 07/09/2024 07/09/24 | Pending | -- | -- | -- | |
| 06/03/2024 06/03/24 | Price Changed | $780,000 | -2.5% | $105 / Sq Ft | |
| 05/16/2024 05/16/24 | For Sale | $800,000 | +42.9% | $108 / Sq Ft | |
| 08/10/2020 08/10/20 | Sold | $560,000 | 0.0% | $75 / Sq Ft | View Prior Sale |
| 03/28/2020 03/28/20 | Pending | -- | -- | -- | |
| 03/19/2020 03/19/20 | For Sale | $560,000 | +24.4% | $75 / Sq Ft | |
| 04/27/2018 04/27/18 | Sold | $450,000 | 0.0% | $61 / Sq Ft | View Prior Sale |
| 03/13/2018 03/13/18 | Pending | -- | -- | -- | |
| 03/03/2018 03/03/18 | For Sale | $450,000 | -- | $61 / Sq Ft |
Source: MichRIC
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $13,156 | $303,500 | $0 | $0 |
| 2024 | $13,000 | $299,500 | $0 | $0 |
| 2023 | $12,440 | $288,600 | $0 | $0 |
| 2022 | $17,326 | $280,800 | $0 | $0 |
| 2021 | $16,275 | $264,000 | $0 | $0 |
| 2020 | $13,346 | $216,100 | $0 | $0 |
| 2019 | $13,365 | $214,600 | $0 | $0 |
| 2018 | $3,661 | $189,000 | $0 | $0 |
| 2017 | $3,185 | $188,900 | $0 | $0 |
| 2016 | $5,137 | $178,400 | $0 | $0 |
| 2015 | $8,142 | $134,000 | $0 | $0 |
| 2013 | $7,887 | $140,000 | $0 | $0 |
| 2012 | -- | $262,700 | $111,000 | $151,700 |
Source: Public Records
Agents Affiliated with this Home
-
Kirsten Smitham
K
Seller's Agent in 2025
Kirsten Smitham
Reserve Management Company
(248) 897-5447
7 Total Sales
-
Mohamed Fares
Buyer Co-Listing Agent in 2025
Mohamed Fares
Elite Realty Advisors LLC
(718) 702-2188
123 Total Sales
-
J
Seller's Agent in 2020
Joe Balint
Real Estate One Southgate
-
Linda Schwartz
L
Buyer's Agent in 2020
Linda Schwartz
Prime + Property
(734) 748-1700
36 Total Sales
-
Steffanie Jozsa
Seller's Agent in 2018
Steffanie Jozsa
Real Estate One
(734) 771-0038
90 Total Sales
-
Connie Winn
C
Buyer's Agent in 2018
Connie Winn
Elite Realty
(734) 459-6000
3 Total Sales
Map
Source: MichRIC
MLS Number: 24024428
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Information is deemed reliable but not guaranteed.
Copyright 2026 MichRIC, LLC. All rights reserved.
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