NOT LISTED FOR SALE

262 N Bailey St Romeo, MI 48065

Estimated Value: $528,831 - $657,000

3 Beds
3 Baths
3,548 Sq Ft
$166/Sq Ft Est. Value

Last Sold August 07, 2019

Last sale price $367,500 $104 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $4,033/month

40 Days on Market

Highlights

  • Deck
  • Loft
  • Den
  • Wood Flooring
  • Corner Lot
  • 5-minute walk to Romeo Trailside Park

About This Home

As of August 2019

Absolutely Stunning Historic home in Romeo with loads of character and lots of updates. Obvious pride of ownership prevails in this well preserved timeless classic. Enjoy the spacious floor plan and the privacy of the fenced in yard. A short stroll to Historic Main street shopping, the Macomb Orchard Hike/bike Trail, and Amanda Moore Elementary school. The Master bedroom has large dressing area w/ his & hers closets. Office w/built in wall unit. Natural fireplace in family room. Formal dining & updated eat-in kitchen w/island and walk-in butlers pantry. Updates include Newer roof, lawn sprinkler system, furnace, electrical, & fresh paint throughout. All this Plus a Bonus, completely updated 672 sq. ft. studio apartment above garage w/full bath. This home is A Must See!! Move-in ready! Includes all appliances!

Last Listed By

Curt Stahl

Real Estate Brokers & Associates Inc. License #MISPE-6501277882 Listed on: 05/22/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1850

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 100x150
  • Fenced Yard
  • Corner Lot
  • Historic Home

Parking

  • 2 Car Garage

Home Design

  • Wood Siding

Interior Spaces

  • 3,548 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Living Room
  • Den
  • Loft
  • Bonus Room
  • Wood Flooring

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

  • Exterior Basement Entry
  • Block Basement Construction

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Water Softener is Owned

Community Details

  • Original Town Subdivision

Listing and Financial Details

  • Assessor Parcel Number 27-01-35-380-013

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,507

Year Built

Built in 1850

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL
  • Type: Historic
  • Type Of Property: Single Family
  • Architecture Style: Historic
  • Structure Style: 2 Story
  • Year Built: 1850
  • Mail City: Romeo
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Hardwood Floors
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range/Oven, Refrigerator, Washer, Water Softener - Owned
  • Fireplace: Yes
  • Fireplaces: Gas Fireplace, Natural Fireplace
  • Basement: Yes
  • Basement: Block, Outside Entrance
  • Bedrooms: 3
  • Bedroom 1: On Upper Floor, Dimensions: 23 x 17
  • Bedroom 2: On Upper Floor, Dimensions: 13 x 13
  • Bedroom 3: On Upper Floor, Dimensions: 13 x 12
  • Full Bathrooms: 3
  • Total Bathrooms: 4
  • Bathroom 1: Dimensions: 9 x 8, On Level: Entry
  • Bathroom 2: Dimensions: 8 x 8, On Level: Upper
  • Bathroom 3: Dimensions: 8 x 6, On Level: Upper
  • Room Types: Den/Study/Lib, First Floor Laundry, Living Room, Loft, Utility/Laundry Room, Primary Bedroom, Bonus Room
  • Dining Room: On Entry Level, Dimensions: 14 x 13
  • Family Room: On Entry Level, Dimensions: 15 x 13
  • Kitchen: On Entry Level, Dimensions: 21 x 15
  • Library Den: On Entry Level, Dimensions: 11 x 11
  • Living Room: On Entry Level, Dimensions: 24 x 17
  • Other Room1: Dimensions: 21x15, On Level: Upper, Flooring: Carpet
  • Below Grade Sq Ft: 1232
  • Half Bathrooms: 1
  • Above Grade Finished Sq Ft: 3548
  • Total Finished Sq Ft: 3548

Exterior Features

  • Exterior: Wood
  • Exterior Features: Deck, Fenced Yard
  • Foundation: Basement
  • Frontage: 100
  • Road: Paved Street

Garage/Parking

  • Garage Spaces: 2
  • Parking: 3 or More Spaces, Garage
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water
  • Water Heater: Gas
  • Cooling: Central A/C

Lot Info

  • Assessor Parcel Number: 27-01-35-380-013
  • Lot Description: Deep Lot - 150+ Ft., Large Lot - 65+ Ft.
  • Lot Dimensions: 100x150
  • Acreage: 0.34
  • Geo Subdivision: MI
  • Site/Lot Features: Corner Lot, Subdivision, Walk to School

Tax Info

  • Summer Tax: Year: 2018, Amount: $3,484.00
  • Winter Tax: Year: 2017, Amount: $528.00
  • Total Tax: Amount: $6,507.00
  • Village Tax: 2495
  • Village Tax Year: 2018

MLS Schools

  • School District: Romeo Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 9, 2022
Sold by
Dilaura Henry R and Dilaura Marjorie C
Bought by
Bell Eric and Bell Season
Total Days on Market
40
Current Estimated Value
$588,708

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,400
Outstanding Balance
$157,416
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$431,292

Purchase Details

Listed on
May 22, 2019
Closed on
Aug 7, 2019
Sold by
Rossi Lawrence J and Rossi Luanne P
Bought by
Frazer Christine and Henry R Dilaura & Marjorie L Dilaura Chi
Seller's Agent
Curt Stahl
Real Estate Brokers & Associates Inc.
Buyer's Agent
Eileen Reynolds
HomePointe Realty LLC
List Price
$389,000
Sold Price
$367,500
Premium/Discount to List
-$21,500
-5.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.45%

Purchase Details

Listed on
Aug 4, 2016
Closed on
Jan 6, 2017
Sold by
Anderson Cara Lynn and Siglow Kathleen G
Bought by
Rossi Lawrence J and Rossi Luanne P
Seller's Agent
Monica Guza
Move MI Realty
Buyer's Agent
Monica Guza
Move MI Realty
List Price
$329,900
Sold Price
$307,000
Premium/Discount to List
-$22,900
-6.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.22%
Original Mortgage
$240,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2010
Sold by
Harsen Robert O and Harsen Kathy A
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Sep 4, 2003
Sold by
Stone Harold S
Bought by
Harsen Robert O and Harsen Kathy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$298,000
Interest Rate
6.44%
Mortgage Type
Unknown

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
Bell Eric $438,400 Liberty Title
Frazer Christine $367,500 None Available
Rossi Lawrence J $307,000 Liberty Title
Federal Home Loan Mortgage Corp $167,500 None Available
Harsen Robert O $372,500 Philip R Seaver Title Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bell Eric $218,400
Previous Owner Rossi Lawrence J $240,000
Previous Owner Anderson Cara $143,303
Previous Owner Harsen Robert O $286,600
Previous Owner Harsen Robert O $288,000
Previous Owner Harsen Robert O $248,000
Previous Owner Harsen Robert O $298,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2019 08/07/19 Sold $367,500 -5.5% $104 / Sq Ft
07/01/2019 07/01/19 Pending -- -- --
07/01/2019 07/01/19 For Sale $389,000 0.0% $110 / Sq Ft
06/24/2019 06/24/19 Pending -- -- --
05/22/2019 05/22/19 For Sale $389,000 +26.7% $110 / Sq Ft
01/06/2017 01/06/17 Sold $307,000 -2.4% $87 / Sq Ft
11/18/2016 11/18/16 Pending -- -- --
09/07/2016 09/07/16 Price Changed $314,500 -4.7% $89 / Sq Ft
08/04/2016 08/04/16 For Sale $329,900 -- $93 / 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 $8,856 $265,800 $0 $0
2023 $8,825 $231,900 $0 $0
2022 $7,194 $223,600 $0 $0
2021 $7,086 $172,500 $0 $0
2020 $6,835 $185,500 $0 $0
2019 $5,871 $169,300 $0 $0
2018 $2,495 $164,240 $0 $0
2017 $2,850 $142,957 $34,641 $108,316
2016 $4,550 $140,910 $0 $0
2015 -- $130,220 $0 $0
2014 -- $116,220 $28,150 $88,070
2011 -- $107,060 $21,650 $85,410
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31380944

Michigan Multiple Listing Service

APN: 27-01-35-380-013