NOT LISTED FOR SALE

22861 Rein Ave Eastpointe, MI 48021

Estimated Value: $145,000 - $181,000

3 Beds
2 Baths
1,519 Sq Ft
$103/Sq Ft Est. Value

Last Sold August 13, 2014

Last sale price $56,000 $37 Per Sq Ft

Est. 180% increase in value since last sale

Current estimated payment $1,056/month

52 Days on Market

Highlights

  • Covered Patio or Porch
  • Forced Air Heating System
  • 2 Car Garage
  • Balcony
  • Ceiling Fan
  • Private Entrance

About This Home

As of August 2014

TURN-KEY 2-Family on DOUBLE LOT! Updated & Rental CERTIFIED! 1 Bed & 1 Bath in Lower Unit, 2 Bed & 1 Bath in Upper Unit, 2-Car Garage, DOUBLE LOT has SEPARATE SIDWELLS (Lot #1430478015), Separate Entrances, LAUNDRY & STORAGE Room for Tenants, One Furnace for Both, UPDATES Include: Kit. Countertop & Floor, Bath Vanity & Floor, Carpet, Paint '14(Lower), Kit. Floor & Paint '14(Upper), Hot Water Heater '11, Roof '06, Furnace '02, Windows '02, Electrical '02. Could be Converted Back to Single Family. EXCELLENT INVESTMENT Opportunity!

Last Agent to Sell the Property

Joseph Albright

Hamilton Realty Group License #6501311240 Listed on: 03/30/2014

Last Buyer's Agent

Non Participant

Non Realcomp Office License #RCO

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1946 | Remodeled in 2002

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 76x109x76x109
  • Private Entrance

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 2 Full Bathrooms
  • 1,519 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Crawl Space

Parking

  • 2 Car Garage
  • On-Street Parking

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Exterior Lighting

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 1430478016
  • $3,360 Seller Concession

Community Details

Overview

  • 2 Units
  • Halfway City Sub Subdivision

Amenities

  • Laundry Facilities

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Year Built

Built in 1946 | Remodeled in 2002

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Upper/Lower Apartment
  • Architecture Level: 1 1/2 Story
  • Assessment: 31.18
  • Year Built: 1946
  • Year Renovated: 2002
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available, Laundry Facility
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Sq Ft Combined: 1519
  • Total Sq Ft: 1519

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Crawl
  • Construction Materials: Aluminum, Brick
  • Exterior Features: Lighting, Private Entry
  • Foundation Materials: Block
  • Frontage Feet: 76
  • Porch Type: Balcony, Patio, Porch, Porch - Covered
  • Road Frontage Type: Paved, Pub. Sidewalk
  • Sideof Street: W

Garage/Parking

  • Garage: Yes
  • MF Parking: Garages, On Street, Paved
  • Total Parking Spaces: 2

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s)
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Schools

  • School District: Eastpointe Community Schools

Lot Info

  • List Price per Acre: 288947.3684
  • Lot Size Area: 0.19
  • Lot Dimensions: 76x109x76x109
  • Parcel Number: 1430478016
  • Zoning: Residential

Rental Info

  • Rent Includes: Water/Sewer
  • Legal Rental Certified: Yes
  • Monthly Rental Income: 1220

Tax Info

  • Tax Amount Summer: 1468.0000
  • Tax Amount Winter: 79.0000
  • Total Tax: 1547.0000

Multi Family

  • Gross Scheduled Income: 14640.00
  • Number Of Units Total: 2
  • Number of One Bedroom Units: 1
  • Number of Two Bedroom Units: 1
  • Number Of Units Leased: 1

MLS Schools

  • School District: Eastpointe Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 20, 2022
Sold by
Saunders Joshua L
Bought by
Saunders Joshua L
Current Estimated Value
$156,837

Purchase Details

Listed on
Mar 30, 2014
Closed on
Aug 13, 2014
Sold by
Lucido John and Lucido Jennifer
Bought by
Saunders Joshua L
Seller's Agent
Joseph Albright
Hamilton Realty Group
Buyer's Agent
Non Participant
Non Realcomp Office
List Price
$54,900
Sold Price
$56,000
Premium/Discount to List
$1,100
2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.19%
Original Mortgage
$54,985
Interest Rate
4.14%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 30, 2000
Sold by
Bay Hills Property Llc
Bought by
Lucido John

Purchase Details

Closed on
Oct 31, 1997
Sold by
Paul E
Bought by
Bakeman T

Purchase Details

Closed on
Nov 22, 1995
Sold by
O'Connor K
Bought by
Paul E
Source: Public Records

Range of Values:

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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
Saunders Joshua L -- Bc Law Firm Pa
Saunders Joshua L $56,000 None Available
Lucido John $91,000 --
Bakeman T $76,000 --
Paul E $70,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Saunders Joshua L $54,985
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2014 08/13/14 Sold $56,000 +2.0% $37 / Sq Ft
05/21/2014 05/21/14 Pending -- -- --
03/30/2014 03/30/14 For Sale $54,900 -- $36 / 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 $2,689 $73,600 $0 $0
2024 $1,854 $71,000 $0 $0
2023 $1,606 $61,000 $0 $0
2022 $1,671 $50,800 $0 $0
2021 $1,645 $44,100 $0 $0
2020 $1,572 $37,800 $0 $0
2019 $2,154 $34,500 $0 $0
2018 $2,426 $25,450 $0 $0
2017 $1,868 $23,330 $2,680 $20,650
2016 $1,732 $23,330 $0 $0
2015 $1,421 $22,500 $0 $0
2013 $1,547 $22,020 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2014

    Joseph Albright

    Hamilton Realty Group

    (586) 405-7653

    1 in this area

    21 Total Sales

    Joseph Albright
    Section Image

  • N

    Buyer's Agent in 2014

    Non Participant

    Non Realcomp Office

  • U

    Buyer's Agent in 2014

    Unidentified Agent

    Unidentified Office

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Map

Source: Realcomp

MLS Number: 214026300

Realcomp

APN: 02-14-30-478-016

Michigan Macomb County Eastpointe 48021

22861 Rein Ave, Eastpointe, MI

This home is located at 22861 Rein Ave, Eastpointe, MI 48021 since 30 March 2014 and is currently estimated at $156,837, approximately $103 per square foot. This property was built in 1946. 22861 Rein Ave is a home located in Macomb County with nearby schools including Forest Park Elementary School, Eastpointe Middle School, and Eaton Academy.

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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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