NOT LISTED FOR SALE

1946 Rochester Rd Troy, MI 48083

Estimated Value: $236,000 - $282,000

3 Beds
3 Baths
1,436 Sq Ft
$177/Sq Ft Est. Value

Last Sold June 26, 2015

Last sale price $125,000 $87 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $1,631/month

84 Days on Market

Highlights

  • Forced Air Heating System
  • 3 Car Garage
  • Laundry Facilities
  • Morse Elementary School Rated A-
  • Private Entrance
  • Asbestos

About This Home

As of June 2015

Three unit multi-family home. Main floor unit includes living room, kitchen, full bath and two bedrooms. Second apartment features living room, kitchen, full bath and one bedroom, Studio apartment upstairs includes living room/bedroom, kitchen and full bath. Partial basement with washer, dryer and mechanical. Fenced corner lot 81 x 100. Land Contract terms: $14,900 down, 7%, $1000 per month plus taxes and insurance, 5 year term.

Last Agent to Sell the Property

William Frohriep

Century 21 Professionals Clinton License #6501086349 Listed on: 03/10/2015

Century 21 Professionals Clinton

Last Buyer's Agent

Charbel Nader

Temporary Inactive Users License #RCO-6501375666

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1948

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 81.54x110.22
  • Private Entrance
  • Fenced

Parking

  • 3 Car Garage

Home Design

  • Triplex
  • Block Foundation
  • Asphalt Roof
  • Asbestos

Interior Spaces

  • 3 Full Bathrooms
  • 1,436 Sq Ft Home
  • 1.5-Story Property
  • Unfinished Basement

Outdoor Features

  • Exterior Lighting

Utilities

  • Forced Air Heating System
  • Space Heater
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2027431003

Community Details

Overview

  • 3 Units
  • Stumpf's Beech Grove Sub Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,208

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Triplex
  • Architecture Level: 1 1/2 Story
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail, Laundry Facility
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement: Yes
  • Basement Type: Private, Unfinished
  • Sq Ft Combined: 1436
  • Total Sq Ft: 1436
  • Sq Ft Total Bsmt: 72

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Asbestos
  • Exterior Features: Fenced, Lighting, Private Entry
  • Foundation Materials: Block
  • Frontage Feet: 81
  • Road Frontage Type: Pub. Sidewalk

Garage/Parking

  • Garage: Yes
  • Total Parking Spaces: 3

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air, Space Heater
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Schools

  • School District: Troy

Lot Info

  • List Price per Acre: 570952.3810
  • Lot Size Area: 0.21
  • Lot Dimensions: 81.54X110.22
  • Parcel Number: 2027431003
  • Zoning: Residential

Rental Info

  • Monthly Rental Income: 1655

Tax Info

  • Tax Amount Summer: 1649.0000
  • Tax Amount Winter: 559.0000
  • Total Tax: 2208.0000

Multi Family

  • Gross Scheduled Income: 19860.00
  • Number Of Units Total: 3
  • Number of Efficiency Units: 1
  • Number of One Bedroom Units: 1
  • Number of Two Bedroom Units: 1
  • Number Of Units Leased: 2

MLS Schools

  • School District: Troy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 21, 2019
Sold by
Fano Pablo and Fano Salome F
Bought by
Jones Barry M
Current Estimated Value
$254,565

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,600
Outstanding Balance
$70,915
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$183,304

Purchase Details

Listed on
Mar 10, 2015
Closed on
Jun 26, 2015
Sold by
Fano Pablo and Fano Salome F
Bought by
Jones Barry M
Seller's Agent
William Frohriep
Century 21 Professionals Clinton
Buyer's Agent
Charbel Nader
Temporary Inactive Users
List Price
$119,900
Sold Price
$125,000
Premium/Discount to List
$5,100
4.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.21%
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
Jones Barry M $125,000 Isgn
Jones Barry M -- Title One Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Barry M $105,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2015 06/26/15 Sold $125,000 +4.3% $87 / Sq Ft
06/02/2015 06/02/15 Pending -- -- --
03/10/2015 03/10/15 For Sale $119,900 -- $83 / 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
2022 $2,505 $89,220 $0 $0
2015 $3,011 $50,700 $0 $0
2014 -- $48,200 $0 $0
2011 -- $42,410 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 215020287

Realcomp

APN: 20-27-431-003