NOT LISTED FOR SALE

27866 Reo Rd Unit 3 Grosse Ile, MI 48138

Estimated Value: $218,194 - $313,000

2 Beds
3 Baths
1,288 Sq Ft
$208/Sq Ft Est. Value

About This Home

This home is located at 27866 Reo Rd Unit 3, Grosse Ile, MI 48138 and is currently estimated at $268,299, approximately $208 per square foot. 27866 Reo Rd Unit 3 is a home located in Wayne County.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 27, 2017
Sold by
Trautmann Mark P and Trautmann Mary D
Bought by
Franchini Joseph A
Current Estimated Value
$268,299

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Outstanding Balance
$123,227
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$145,072

Purchase Details

Closed on
Jun 23, 2016
Sold by
The Estate Of Jay R Mertz
Bought by
Trautmann Mark P and Trautmann Mary D

Purchase Details

Closed on
Nov 2, 2007
Sold by
Dion Peter J and Dion Debra S
Bought by
Mertz Jay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
6.45%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 29, 1998
Sold by
Buenting J and Buenting Neasz G
Bought by
Dion J and Dion Lapan T
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Franchini Joseph A $200,000 First American Title
Trautmann Mark P $170,000 First American Title Ins Co
Mertz Jay $195,000 None Available
Dion J $118,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Franchini Joseph A $148,000
Previous Owner Mertz Jay $155,000
Source: Public Records

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 $1,267 $99,800 $0 $0
2024 $1,267 $99,200 $0 $0
2023 $1,449 $91,000 $0 $0
2022 $3,373 $84,900 $0 $0
2021 $3,227 $81,700 $0 $0
2019 $3,200 $74,900 $0 $0
2018 $1,376 $69,200 $0 $0
2017 $3,487 $66,000 $0 $0
2016 $2,486 $53,800 $0 $0
2015 $5,380 $53,800 $0 $0
2013 $5,280 $54,700 $0 $0
2012 $1,076 $51,700 $19,900 $31,800
Source: Public Records

Map

Michigan Wayne County Grosse Ile Township

27866 Reo Rd Unit 3, Grosse Ile Township, MI

Not Listed for Sale

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