NOT LISTED FOR SALE

274 E Lafayette St Unit 1 Romeo, MI 48065

Estimated Value: $157,400

1 Bed
1 Bath
4,000 Sq Ft
1.75 Acres

Last Sold June 20, 2017

Last sale price $110,000 $28 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $1,156/month

24 Days on Market

Highlights

  • Contemporary Architecture
  • Wood Flooring
  • Forced Air Heating and Cooling System
  • Hevel Elementary School Rated A-
  • Walk-In Closet
  • 5-minute walk to Romeo Village Park

About This Home

As of June 2017

Unique Opportunity in Romeo, This 4000 sq ft second floor space can be a live-work, live only, commercial, retail, group meeting place, 1000 sq ft loft living space with full kitchen, full bath with steam shower and jetted tub, utility laundry room, separate furnace and AC. The open loft area can be used for what ever you want...Can also be split into another apartment area. Lots of space and Lots of choices. (This is only for the second floor suite no land included)

Last Listed By

Janet Hull

Real Estate One Inc-Shelby License #MISPE-6501325976 Listed on: 05/01/2017

Real Estate One Inc-Shelby

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,485

Year Built

  • Built in 1920

Lot Details

  • 1.75

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 4,000 Sq Ft Home
  • Wood Flooring

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Internet Available

Community Details

  • Property has a Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0402138001

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,485

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL CONDO
  • Type Of Property: Condominium
  • Architecture Style: Contemporary
  • Structure Style: Condo/Ranch 2nd Flr Or Above
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Cable/Internet Avail., Hardwood Floors, Walk-In Closet
  • Appliances: Dishwasher, Disposal, Range/Oven
  • Bedrooms: 1
  • Bathrooms Description: MstrBdrm Full Bathroom
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Kitchen Features: Eat-In Kitchen
  • Above Grade Finished Sq Ft: 4000
  • Total Finished Sq Ft: 4000

Exterior Features

  • Exterior: Brick
  • Foundation: Slab

Utilities

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

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fee: Yes

Lot Info

  • Assessor Parcel Number: 0402138001
  • Zoning: Commercial, Industrial, Mixed Use, Residential
  • Geo Subdivision: MI
  • Land Contract: Yes

Tax Info

  • Summer Tax: Year: 2015, Amount: $1,395.00
  • Winter Tax: Year: 2015, Amount: $90.00
  • Taxable Value: 20970
  • SEV Year: 2016

MLS Schools

  • School District: Romeo Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 2, 2025
Sold by
Macomb County
Bought by
Kube Roger L
Total Days on Market
24
Current Estimated Value
$157,400

Purchase Details

Closed on
Jul 8, 2022
Sold by
Sheriff Of Macomb County
Bought by
Green Oak Partners Llc

Purchase Details

Closed on
Jan 21, 2020
Sold by
Rubi Jill
Bought by
Casa De Juliet Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,750
Interest Rate
3.4%
Mortgage Type
Unknown

Purchase Details

Listed on
May 1, 2017
Closed on
Jun 20, 2017
Sold by
Adams George
Bought by
Rubin Jill
Seller's Agent
Janet Hull
Real Estate One Inc-Shelby
Buyer's Agent
Thomas Rubin Jr
Brookview Realty
List Price
$165,000
Sold Price
$110,000
Premium/Discount to List
-$55,000
-33.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.62%

Purchase Details

Closed on
May 31, 2013
Sold by
Nas Enterprises Llc
Bought by
Esah Llc

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
Kube Roger L $231,050 None Listed On Document
Green Oak Partners Llc $148,222 None Listed On Document
Casa De Juliet Llc -- Michigan Investment Ttl Inc
Rubin Jill $110,000 Fidelity National Title
Esah Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Casa De Juliet Llc $210,000
Previous Owner Casa De Juliet Llc $138,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2017 06/20/17 Sold $110,000 -33.3% $28 / Sq Ft
05/25/2017 05/25/17 Pending -- -- --
05/01/2017 05/01/17 For Sale $165,000 -- $41 / 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 $3,296 $61,500 $0 $0
2023 $3,831 $55,900 $0 $0
2022 $3,057 $52,600 $0 $0
2021 $3,052 $51,900 $0 $0
2020 $2,750 $52,400 $0 $0
2019 $3,332 $52,200 $0 $0
2018 $1,072 $48,200 $0 $0
2017 $886 $46,300 $7,500 $38,800
2016 $1,181 $46,300 $0 $0
2015 -- $42,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31318449

Michigan Multiple Listing Service

APN: 28-04-02-138-001