NOT LISTED FOR SALE

224 Chandler St Unit 226 CHANDLER Romeo, MI 48065

Estimated Value: $307,000 - $382,000

1 Bed
1 Bath
600 Sq Ft
$569/Sq Ft Est. Value

Last Sold August 11, 2020

Last sale price $199,000 $332 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $2,542/month

40 Days on Market

Highlights

  • Deck
  • Porch
  • Forced Air Heating System
  • Contemporary Architecture

About This Home

As of August 2020

FOUR ADORABLE ONE BEDROOM APARTMENTS IN THE HEART OF ROMEO, FULLY OCCUPIED W/LONG TERM TENANTS. THE UNITS ON EACH END, HAVE BASEMENTS, THE CENTER DOOR LEADS TO THE UNITS UPSTAIRS. EXCELLENTLY MAINTAINED, CLEAN AND IN GREAT CONDITION. ONE END UNIT HAS A GORGEOUS DECK OVER LOOKING PRIVATE AREA, OTHER END UNIT HAS A PORCH, PERFECT FOR BAR-B-Q-ING. WALK TO DOWN TOWN ROMEO, WITH EVERYTHING IT HAS TO OFFER, PEACH FESTIVAL, THE GREATEST HALLOWEEN DECORATIONS ANYWHERE. EASY ACCESS TO FREEWAY OR MAIN ROAD WAYS. THIS IS A GREAT INVESTMENT OPPORTUNITY. ALL TENANTS WOULD LIKE TO STAY, AND HAVE BEEN THERE LONG TERM, ALL PAYING ON TIME. YOU CAN'T BEAT THAT!!

Last Agent to Sell the Property

Carol Z Koepplin

W.C. Collins Realty License #MISPE-6506041743 Listed on: 06/23/2020

Last Buyer's Agent

Carol Z Koepplin

W.C. Collins Realty License #MISPE-6506041743 Listed on: 06/23/2020

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • Lot Dimensions are 121x65

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Basement
  • Block Basement Construction
  • Oven or Range

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Gas Water Heater

Community Details

  • 4 Units
  • Assessor's Plat No. 2 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0135352011

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: MULTIFAMILY
  • Type: 1 To 4 Units
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Styles: Contemporary
  • Year Built: 1950
  • Mail City: Romeo
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Range/Oven, Refrigerator
  • Basement: Yes
  • Basement Type: Block
  • Bedrooms: 1
  • Bathroom Description: First Flr Bath Lav/Half, Second Flr Bath Lav/Half
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Dining Kitchen: Eat-In Kitchen
  • Source of Sq Ft: Estimated
  • Estimated Sq Ft: 600

Exterior Features

  • Construction: Aluminum, Brick
  • Exterior Features: Deck, Porch
  • Frontage: 121
  • Foundation Type: Basement
  • Roads: Paved Street

Utilities

  • Water: Public Water
  • Water Heater: Gas
  • Fuel Type: Natural Gas
  • Heating System: Forced Air
  • Separate Electric: Yes
  • Separate Gas: Yes
  • Separate Heat: Yes
  • Separate Water: Yes
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: 0135352011
  • Lot Dimensions: 121X65
  • Zoning: Multi-Family
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2019, Amount: $5,448.00
  • Winter Tax: Year: 2019, Amount: $512.00
  • Taxable Value: 104449
  • Total Tax: Year: 2019, Amount: $5,960.00
  • SEV Year: 2019

Multi Family

  • Total Units: 4

MLS Schools

  • School District: Romeo Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2020
Closed on
Aug 11, 2020
Sold by
Milo Mark T and Ampm Enterprises Llc
Bought by
R And J Partners Llc
Seller's Agent
Carol Z Koepplin
W.C. Collins Realty
Buyer's Agent
Carol Z Koepplin
W.C. Collins Realty
List Price
$239,000
Sold Price
$199,000
Premium/Discount to List
-$40,000
-16.74%
Total Days on Market
40
Current Estimated Value
$341,384

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,384
Avg. Annual Appreciation
10.45%

Purchase Details

Closed on
Nov 9, 2015
Sold by
Sova Quinn A and Sova Deborah
Bought by
Ampm Enterprises Llc

Purchase Details

Closed on
Nov 3, 2011
Sold by
Lomakoski Marietha
Bought by
Sova Quinn A

Purchase Details

Closed on
Oct 29, 2011
Sold by
Seifert Kenneth B C and Seifert Bernard C
Bought by
Lomakoski Marietha
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
R And J Partners Llc $199,000 Ata National Title Group Llc
Ampm Enterprises Llc $135,000 Premier Title Agency Llc
Sova Quinn A $137,500 Liberty Title
Lomakoski Marietha -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2020 08/11/20 Sold $199,000 -16.7% $332 / Sq Ft
08/02/2020 08/02/20 Pending -- -- --
06/23/2020 06/23/20 For Sale $239,000 -- $398 / Sq Ft
Source: Michigan Multiple Listing Service

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
2024 $7,585 $155,800 $0 $0
2023 $7,448 $147,300 $0 $0
2022 $7,386 $137,000 $0 $0
2021 $7,236 $122,300 $0 $0
2020 $5,833 $116,800 $0 $0
2019 $5,448 $113,400 $0 $0
2018 $1,474 $113,770 $0 $0
2017 $4,219 $99,530 $27,574 $71,956
2016 $5,607 $98,700 $0 $0
2015 -- $88,570 $0 $0
2014 -- $73,790 $22,400 $51,390
2011 -- $69,700 $17,230 $52,470
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 50015263

Michigan Multiple Listing Service

APN: 27-01-35-352-011