NOT LISTED FOR SALE

27800 Ecorse Rd Romulus, MI 48174

Estimated Value: $63,000

9 Beds
7 Baths
8,000 Sq Ft
$8/Sq Ft Est. Value

Last Sold July 19, 2016

Last sale price $175,000 $22 Per Sq Ft

Current estimated payment $334/month

191 Days on Market

About This Home

As of July 2016

Priced to Sell! Unique property. Parcels 835 and 837 being sold as one with a total lot size of 260x300 (~2 acres). 1)One multi unit approx 5000 sqft has 5 separate apartments. 2)One house approx 1300 sqft rented 3)One house currently vacant approx 2000 sqft. Buyer to bring all properties up to code.Also listed as a commercial property. No sign. Please call listing agent to arrange showing. Value in the land. Potential to rezone to light/heavy industrial. Motivated!

Last Agent to Sell the Property

Elizabeth Schmieder

Coldwell Banker Professionals-Plymouth License #6501278188 Listed on: 11/23/2015

Coldwell Banker Professionals-Plymouth

Last Buyer's Agent

Elizabeth Schmieder

Coldwell Banker Professionals-Plymouth License #6501278188 Listed on: 11/23/2015

Coldwell Banker Professionals-Plymouth

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1938

Lot Details

  • 0.92 Acre Lot
  • Lot Dimensions are 260x300

Home Design

  • Brick Exterior Construction
  • Brick Foundation
  • Slab Foundation
  • Asphalt Roof

Interior Spaces

  • 7 Full Bathrooms
  • 8,000 Sq Ft Home
  • 2-Story Property

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • 7 Units
  • Supervisors Romulus Plat No 13 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 80004020837000

Property Details

Home Type

Multi-Family

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Level: 2 Story
  • Year Built: 1938
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 7.00
  • Full Bathrooms: 7
  • Sq Ft Combined: 8000
  • Total Sq Ft: 8000

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Michigan Basement, Slab
  • Construction Materials: Aluminum, Brick
  • Foundation Materials: Brick/Mortar
  • Frontage Feet: 132
  • Road Frontage Type: Gravel

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air, Wall Unit(s)
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Schools

  • School District: Romulus

Lot Info

  • List Price per Acre: 215217.3913
  • Lot Size Area: 0.92
  • Lot Dimensions: 260x300
  • Parcel Number: 80004020837000
  • Zoning: Multi-Family

Rental Info

  • Monthly Rental Income: 5300

Tax Info

  • Tax Amount Summer: 4401.0000
  • Tax Amount Winter: 3070.0000
  • Total Tax: 7471.0000

Multi Family

  • Gross Scheduled Income: 63600.00
  • Number Of Units Total: 7
  • Number of One Bedroom Units: 5
  • Number of Two Bedroom Units: 2
  • Number Of Units Leased: 5

MLS Schools

  • School District: Romulus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 23, 2015
Closed on
Jul 19, 2016
Sold by
Seeley Margaret M
Bought by
M & M Express Trucking Inc
Seller's Agent
Elizabeth Schmieder
Coldwell Banker Professionals-Plymouth
Buyer's Agent
Elizabeth Schmieder
Coldwell Banker Professionals-Plymouth
List Price
$250,000
Sold Price
$175,000
Premium/Discount to List
-$75,000
-30%
Current Estimated Value
$63,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$112,000

Purchase Details

Closed on
Apr 13, 2005
Sold by
Fall Edward D and Fall Edward David
Bought by
Fall Edward D and Seeley Margaret M
Source: Public Records

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
M & M Express Trucking Inc -- Title Solutions Agency Llc
Fall Edward D -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/19/2016 07/19/16 Sold $175,000 -30.0% $22 / Sq Ft
06/01/2016 06/01/16 Pending -- -- --
11/23/2015 11/23/15 For Sale $250,000 -- $31 / 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
2024 $41 $0 $0 $0
2023 $0 $0 $0 $0
2022 $578 $11,000 $0 $0
2021 $517 $11,000 $0 $0
2020 $505 $11,000 $0 $0
2019 $484 $6,800 $0 $0
2018 $927 $18,700 $0 $0
2017 $519 $18,700 $0 $0
2016 $1,413 $19,000 $0 $0
2015 $2,070 $20,700 $0 $0
2013 $2,880 $30,400 $0 $0
2012 $1,065 $30,700 $14,300 $16,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 215125323

Realcomp

APN: 80-004-02-0837-000