$70,000
- 2 Beds
- 1 Bath
- 748 Sq Ft
- 30 Ridge St
- Ecorse, MI
Investment property with professional property management. Current rent is $1,000 per month. Buyer to assume city sale inspection requirements.
Joe Hammel Keller Williams Somerset
27 Ridge St Ecorse, MI 48229
2
Beds
1
Bath
953
Sq Ft
3,049
Sq Ft Lot
Highlights
- Ranch Style House
- Forced Air Heating System
- 4-minute walk to Bell Park
- No HOA
About This Home
As of March 2025Currently rented for $950/month. Market rent is $1,000-$1,200. Great investment opportunity. Professional property management is in place. Cash flow on Day one. Also available as a package with five other rentals in the immediate vicinity: 30 Ridge St, 38 Ridge St, 38 Westfield St, 4241 6th St, 59 Glenwood St. No showings without an accepted offer.
Home Details
Home Type
- Single Family
Year Built
- Built in 1939
Lot Details
- 3,049 Sq Ft Lot
- Lot Dimensions are 30.00 x 100.00
Home Design
- 953 Sq Ft Home
- Ranch Style House
- Block Foundation
- Vinyl Construction Material
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Location
- Ground Level
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
Additional Features
- Unfinished Basement
Community Details
- No Home Owners Association
- Burke & Leblanc Sub Subdivision
Listing and Financial Details
- Assessor Parcel Number 34005030134000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 11, 2024
Closed on
Mar 25, 2025
Sold by
27 Ridge Street Llc
Bought by
Hawthorne Bronson Jay Curtis
Seller's Agent
Joe Hammel
Keller Williams Somerset
Buyer's Agent
Scott Gailey
Scott Gailey
List Price
$425,000
Sold Price
$62,500
Premium/Discount to List
-$362,500
-85.29%
Total Days on Market
77
Views
36
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
69.19%
Purchase Details
Listed on
Oct 5, 2023
Closed on
Feb 15, 2024
Sold by
Swan Lake Investments Llc
Bought by
27 Ridge Street Llc
Seller's Agent
Bernard Shamow
EXP Realty Main
Buyer's Agent
Scott Gailey
Scott Gailey
List Price
$75,000
Sold Price
$57,500
Premium/Discount to List
-$17,500
-23.33%
Views
101
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.80%
Purchase Details
Closed on
Jan 12, 2021
Sold by
Simons Investments Inc
Bought by
Swan Lake Investments Llc
Purchase Details
Closed on
Jun 5, 2008
Sold by
Mccarthy Linda M and Mccarthy Thomas P
Bought by
Simons Investments Inc
Purchase Details
Closed on
Oct 17, 1994
Sold by
Byers William Foster
Bought by
Mccarthy Linda N and Mccarthy Thomas P
Map
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $62,500 | None Listed On Document | |
| Warranty Deed | $62,500 | None Listed On Document | |
| Warranty Deed | $57,500 | None Listed On Document | |
| Warranty Deed | $11,000 | Twtc | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | $16,500 | Minnesota Title Agency |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/25/2025 03/25/25 | Sold | $62,500 | -16.7% | $66 / Sq Ft |
| 02/10/2025 02/10/25 | Price Changed | $75,000 | -81.3% | $79 / Sq Ft |
| 01/14/2025 01/14/25 | Price Changed | $400,000 | -4.8% | $420 / Sq Ft |
| 01/02/2025 01/02/25 | Price Changed | $420,000 | -0.9% | $441 / Sq Ft |
| 12/30/2024 12/30/24 | Price Changed | $424,000 | -0.2% | $445 / Sq Ft |
| 12/11/2024 12/11/24 | For Sale | $425,000 | +639.1% | $446 / Sq Ft |
| 02/15/2024 02/15/24 | Sold | $57,500 | -11.5% | $60 / Sq Ft |
| 02/01/2024 02/01/24 | Pending | -- | -- | -- |
| 10/29/2023 10/29/23 | Price Changed | $65,000 | -13.3% | $68 / Sq Ft |
| 10/05/2023 10/05/23 | For Sale | $75,000 | -- | $79 / Sq Ft |
Source: Realcomp
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 | $1,596 | $34,000 | $0 | $0 |
| 2023 | $1,520 | $29,200 | $0 | $0 |
| 2022 | $2,929 | $23,600 | $0 | $0 |
| 2021 | $1,600 | $18,200 | $0 | $0 |
| 2019 | $1,549 | $13,200 | $0 | $0 |
| 2018 | $731 | $11,600 | $0 | $0 |
| 2017 | $1,533 | $11,500 | $0 | $0 |
| 2016 | $1,960 | $12,200 | $0 | $0 |
| 2013 | $1,462 | $25,500 | $0 | $0 |
| 2012 | $1,118 | $26,300 | $2,400 | $23,900 |
Source: Public Records
Source: Realcomp
MLS Number: 20240091236
APN: 34-005-03-0134-000
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