NOT LISTED FOR SALE

22486 Rausch Ave Eastpointe, MI 48021

Estimated Value: $131,000 - $147,027

3 Beds
1 Bath
1,670 Sq Ft
$83/Sq Ft Est. Value

Last Sold April 29, 2016

Last sale price $35,000 $21 Per Sq Ft

Est. 296% increase in value since last sale

Current estimated payment $973/month

65 Days on Market

About This Home

As of April 2016

Three Bedroom Bungalow, Large Living room, Kitchen with Dining Room, Two Bedrooms Down and Large Bedroom Up, Partially Finished Basement, Two Car Garage, Close to Schools, Shopping and Transportation! Buyer Responsible for City Inspection responsibilities !** House needs plumbing repairs, Sold As Is **

Last Listed By

Dominic Prezzato

Realty Executives Home Towne Shelby License #MISPE-6502345723 Listed on: 02/01/2016

Realty Executives Home Towne Shelby

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,402

Year Built

  • Built in 1946

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 40x132

Parking

  • 2 Car Detached Garage

Interior Spaces

  • 1.5-Story Property
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

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

Community Details

  • Longacres # 01 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1432103008

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,402

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Structure Style: 1 1/2 Story
  • Year Built: 1946
  • Mail City: Eastpointe
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement: Yes
  • Basement: Partially Finished
  • Bedrooms: 3
  • Bedroom 1: On Entry Level, Dimensions: 10 x 11
  • Bedroom 2: On Entry Level, Dimensions: 10 x 12
  • Bedroom 3: On Upper Floor, Dimensions: 20 x 10
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Bathroom 1: Dimensions: 5 x 6, On Level: Entry
  • Dining Room: On Entry Level, Dimensions: 10 x 8
  • Kitchen: On Entry Level, Dimensions: 10 x 10
  • Living Room: On Entry Level, Dimensions: 14 x 16
  • Below Grade Sq Ft: 700
  • Finished Below Grade Sq Ft: 500
  • Above Grade Finished Sq Ft: 1170
  • Total Finished Sq Ft: 1670

Exterior Features

  • Foundation: Basement

Garage/Parking

  • Garage: Detached Garage
  • Garage Spaces: 2
  • Parking: Garage
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water
  • Water Heater: Gas

Lot Info

  • Assessor Parcel Number: 1432103008
  • Zoning: Residential
  • Lot Dimensions: 40x132
  • Acreage: 0.12
  • Geo Subdivision: MI
  • Site/Lot Features: Subdivision

MLS Schools

  • School District: Eastpointe Community Schl

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 15, 2024
Sold by
Brosis Ii Llc
Bought by
Ldre Llc
Total Days on Market
65
Current Estimated Value
$138,757

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Outstanding Balance
$476,641
Interest Rate
6.77%
Mortgage Type
Construction
Estimated Equity
-$337,418

Purchase Details

Closed on
Aug 12, 2024
Sold by
Ldre Llc
Bought by
Forward Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Outstanding Balance
$476,641
Interest Rate
6.77%
Mortgage Type
Construction
Estimated Equity
-$337,418

Purchase Details

Closed on
Sep 1, 2016
Sold by
Kulbacki James J and 4U2 Investments Llc
Bought by
Brosis Ii Llc

Purchase Details

Listed on
Feb 1, 2016
Closed on
Apr 29, 2016
Sold by
Fannie Mae
Bought by
4U2 Investments Llc
Seller's Agent
Dominic Prezzato
Realty Executives Home Towne Shelby
Buyer's Agent
. Non Mls Member
NON MLS Member
List Price
$43,000
Sold Price
$35,000
Premium/Discount to List
-$8,000
-18.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.44%

Purchase Details

Closed on
Dec 9, 2015
Sold by
Everbank
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Oct 23, 2015
Sold by
Marjorie Widng Marjorie H and Marjorie Widng
Bought by
Everbank

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
Ldre Llc -- None Listed On Document
Forward Holdings Llc -- None Listed On Document
Brosis Ii Llc -- None Available
4U2 Investments Llc $35,000 Parks Title
Federal National Mortgage Association -- Attorney
Everbank $36,400 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Forward Holdings Llc $103,500
Open Forward Holdings Llc $480,000
Previous Owner Brosis Iii Llc $875,000
Previous Owner Brosis Ii Llc $200,000
Previous Owner Widrig Marjorie H $114,500
Previous Owner Widrig Marjorie $107,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2016 04/29/16 Sold $35,000 -9.1% $21 / Sq Ft
04/06/2016 04/06/16 Pending -- -- --
03/14/2016 03/14/16 Price Changed $38,500 -10.5% $23 / Sq Ft
02/22/2016 02/22/16 For Sale $43,000 0.0% $26 / Sq Ft
02/11/2016 02/11/16 Pending -- -- --
02/01/2016 02/01/16 For Sale $43,000 -- $26 / 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 $2,402 $58,300 $0 $0
2023 $2,333 $46,700 $0 $0
2022 $2,377 $39,100 $0 $0
2021 $2,339 $36,100 $0 $0
2020 $2,255 $32,800 $0 $0
2019 $2,251 $29,400 $0 $0
2018 $3,115 $27,160 $0 $0
2017 $3,054 $24,380 $3,160 $21,220
2016 $2,118 $24,380 $0 $0
2015 $965 $21,000 $0 $0
2013 $1,052 $20,140 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31278102

Michigan Multiple Listing Service

APN: 02-14-32-103-008