NOT LISTED FOR SALE

224 Chandler St Romeo, MI 48065

Estimated Value: $313,000 - $393,000

3 Beds
4 Baths
2,254 Sq Ft
$156/Sq Ft Est. Value

Last Sold August 12, 2020

Last sale price $199,000 $88 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $2,407/month

38 Days on Market

Highlights

  • Deck
  • Bungalow
  • Forced Air Heating System
  • Porch

About This Home

As of August 2020

AWESOME 4 UNIT 1 BEDROOM EACH IN GREAT SHAPE IN THE HEART OF ROMEO!! SHORT WALK TO MAIN STREET & ALL IT HAS TO OFFER. EXCELLENT access to freeway and main roads. Located on a very quiet street. One lower has a gorgeous deck overlooking private garden, other lower has a huge porch, great for b-b-que's. Freshly painted, newer 3 dimensional roof, plenty of parking. The one upper is a one bedroom, the other upper is a studio. Tenants pay gas & electric. Very clean, all tenants have been there long term and would like to stay. With all that Romeo has to offer, this is an excellent investment.

Last Agent to Sell the Property

Carol Z Koepplin

W.C. Collins Realty License #6501172749 Listed on: 06/24/2020

Last Buyer's Agent

Carol Z Koepplin

License #6506041743

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • Lot Dimensions are 121x65

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 4 Full Bathrooms
  • 2,254 Sq Ft Home
  • 1.5-Story Property
  • Basement

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 0135352011

Community Details

Overview

  • 44 Units

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Year Built: 1950
  • State Equalized Value: 113400.0000
  • Pets Allowed: Call
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement: Yes
  • Basement Type: Private
  • Sq Ft Combined: 2254
  • Total Sq Ft: 2254
  • Sq Ft Total Bsmt: 600

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Aluminum, Brick
  • Foundation Materials: Block
  • Porch Type: Deck, Porch
  • Road Frontage Type: Paved
  • Sideof Street: E

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Sewer-Sanitary
  • Water Heater Fuel: Natural Gas
  • Water Source: Municipal Water
  • Laundry Facilities: No

Schools

  • School District: Romeo

Lot Info

  • Lot Dimensions: 121x65
  • Parcel Number: 0135352011
  • Zoning: Multi-Family

Rental Info

  • Monthly Rental Income: 2300

Tax Info

  • Tax Amount Summer: 5448.0000
  • Tax Amount Winter: 512.0000
  • Total Tax: 5960.0000
  • Taxable Value: 104119.0000

Multi Family

  • Gross Scheduled Income: 27600.00
  • Number Of Units Total: 44
  • Unit Count: 3
  • Number of Efficiency Units: 1
  • Number of One Bedroom Units: 3
  • Number Of Units Leased: 4

MLS Schools

  • School District: Romeo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 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
List Price
$239,000
Sold Price
$199,000
Premium/Discount to List
-$40,000
-16.74%
Current Estimated Value
$351,373

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,373
Avg. Annual Appreciation
11.26%

Purchase Details

Listed on
May 1, 2015
Closed on
Nov 9, 2015
Sold by
Sova Quinn A and Sova Deborah
Bought by
Ampm Enterprises Llc
Seller's Agent
Katie Weaver
Berkshire Hathaway HomeServices Kee Realty Wash
Buyer's Agent
Katie Weaver
Berkshire Hathaway HomeServices Kee Realty Wash
List Price
$179,000
Sold Price
$135,000
Premium/Discount to List
-$44,000
-24.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.49%

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
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
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
08/12/2020 08/12/20 Sold $199,000 -16.7% $88 / Sq Ft
08/02/2020 08/02/20 Pending -- -- --
06/24/2020 06/24/20 For Sale $239,000 +77.0% $106 / Sq Ft
11/09/2015 11/09/15 Sold $135,000 -24.6% $60 / Sq Ft
10/26/2015 10/26/15 Pending -- -- --
05/01/2015 05/01/15 For Sale $179,000 -- $79 / 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 $6,083 $184,500 $0 $0
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

  • Carol Z Koepplin

    Seller's Agent in 2020

    Carol Z Koepplin

    W.C. Collins Realty

    (586) 215-5228

    72 Total Sales

    Carol Z Koepplin
    Section Image
  • Katie Weaver

    Seller's Agent in 2015

    Katie Weaver

    Berkshire Hathaway HomeServices Kee Realty Wash

    (586) 331-3163

    36 Total Sales

    Katie Weaver
    Section Image
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Map

Source: Realcomp

MLS Number: 2200047511

Realcomp

APN: 27-01-35-352-011

Michigan Macomb County Romeo 48065

224 Chandler St, Romeo, MI

This home is located at 224 Chandler St, Romeo, MI 48065 since 24 June 2020 and is currently estimated at $351,373, approximately $155 per square foot. This property was built in 1950. 224 Chandler St is a home located in Macomb County with nearby schools including Amanda Moore Elementary School and Bible Truth Christian Academy.

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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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