NOT LISTED FOR SALE

29066 Burning Tree Ln Romulus, MI 48174

Estimated Value: $146,000 - $187,000

3 Beds
1.5 Baths
936 Sq Ft
$183/Sq Ft Est. Value

Last Sold May 14, 2021

Last sale price $93,000 $99 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $1,299/month

8 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Patio
  • Ground Level Unit
  • Porch
  • Forced Air Heating System

About This Home

As of May 2021

Built in 1990, this three bedroom, 1.5 bath ranch is conveniently located just minutes from Detroit Metro Airport and freeways. This home features vinyl siding, vinyl windows, forced air furnace, and steel doors. City of Romulus requires a time of sale inspection prior to closing. As-is Sale, Buyer to sign as-is letters and assume any repairs to obtain closing letter/temp C of O prior to closing. ALL LISTING INFORMATION IS ESTIMATED, BUYER/BUYER AGENT TO VERIFY ALL INFO PRIOR TO CLOSING.

Last Agent to Sell the Property

Michael Shannon

Metropolitan Real Estate License #6502375628 Listed on: 04/14/2021

Last Buyer's Agent

Brian Hayden

Key Realty - Monroe License #6501430906

Key Realty - Monroe

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1990

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 60.00x115.00x60.00x115.00

Home Design

  • Ranch Style House
  • Slab Foundation
  • Poured Concrete
  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • 936 Sq Ft Home
  • Ceiling Fan

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Patio
  • Porch

Location

  • Ground Level Unit

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Meadowdale Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 80143010116000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,203

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Assessment: 3.7
  • Year Built: 1990
  • State Equalized Value: 48200.0000
  • Entry Location: Ground Level
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 7
  • Total Bedrooms: 3
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Sq Ft Combined: 936
  • Total Sq Ft: 936

Exterior Features

  • Roof Material: Composition
  • Foundation Details: Slab
  • Construction Materials: Vinyl
  • Foundation Materials: Poured
  • Frontage Feet: 60
  • Porch Type: Patio, Porch
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s)
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Romulus

Lot Info

  • List Price per Acre: 525000.0000
  • Lot Size Area: 0.16
  • Lot Dimensions: 60.00X115.00x60.00X115.00
  • Parcel Number: 80143010116000

Tax Info

  • Tax Amount Summer: 1888.0000
  • Tax Amount Winter: 315.0000
  • Total Tax: 2203.0000
  • Taxable Value: 29462.0000

MLS Schools

  • School District: Romulus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 21, 2025
Sold by
Fast Track Investing Llc
Bought by
Fast Track Investing Portfolio 1 Llc
Current Estimated Value
$171,021

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,432,100
Interest Rate
6.85%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 14, 2021
Closed on
May 4, 2021
Sold by
U S Bank National Association
Bought by
Fast Track Investing Llc
Seller's Agent
Michael Shannon
Metropolitan Real Estate
Buyer's Agent
Brian Hayden
Key Realty - Monroe
List Price
$84,000
Sold Price
$93,000
Premium/Discount to List
$9,000
10.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.85%

Purchase Details

Closed on
Feb 27, 2020
Sold by
Towd Point Master Funding Trust
Bought by
Towd Point Master Funding Trust

Purchase Details

Closed on
Jan 16, 2020
Sold by
Rupert Elaine J and Pioneer Mortgage Inc
Bought by
U S Bank National Association and Towd Point Master Funding Trust
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
Fast Track Investing Portfolio 1 Llc -- None Listed On Document
Fast Track Investing Llc $93,000 Devon Title Agency
Towd Point Master Funding Trust -- None Available
U S Bank National Association $49,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fast Track Investing Portfolio 1 Llc $1,432,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/14/2021 05/14/21 Sold $93,000 +10.7% $99 / Sq Ft
04/23/2021 04/23/21 Pending -- -- --
04/14/2021 04/14/21 For Sale $84,000 -- $90 / 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
2025 $4,673 $81,700 $0 $0
2024 $4,673 $76,000 $0 $0
2023 $3,996 $67,400 $0 $0
2022 $3,791 $61,600 $0 $0
2021 $2,241 $49,600 $0 $0
2020 $2,203 $48,200 $0 $0
2019 $2,178 $40,900 $0 $0
2018 $1,627 $31,100 $0 $0
2017 $717 $30,800 $0 $0
2016 $1,922 $32,000 $0 $0
2015 $2,674 $30,100 $0 $0
2013 $2,590 $28,100 $0 $0
2012 $1,150 $27,400 $4,700 $22,700
Source: Public Records

Agents Affiliated with this Home

  • Michael Shannon

    Seller's Agent in 2021

    Michael Shannon

    Metropolitan Real Estate

    (313) 903-2083

    4 in this area

    80 Total Sales

    Michael Shannon
    Section Image
  • Brian Hayden

    Buyer's Agent in 2021

    Brian Hayden

    Key Realty - Monroe

    (734) 743-2401

    1 in this area

    13 Total Sales

    Brian Hayden
    Section Image
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Map

Source: Realcomp

MLS Number: 2210025664

Realcomp

APN: 80-143-01-0116-000

Michigan Wayne County Romulus 48174

29066 Burning Tree Ln, Romulus, MI

This home is located at 29066 Burning Tree Ln, Romulus, MI 48174 since 14 April 2021 and is currently estimated at $171,021, approximately $182 per square foot. This property was built in 1990. 29066 Burning Tree Ln is a home located in Wayne County with nearby schools including Halecreek Elementary School, Romulus Middle School, and Romulus Senior High School.

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Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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