NOT LISTED FOR SALE

308 Prospect St Romeo, MI 48065

Estimated Value: $356,000 - $416,000

4 Beds
2 Baths
2,150 Sq Ft
$175/Sq Ft Est. Value

Last Sold January 25, 2022

Last sale price $314,900 $146 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $2,387/month

175 Days on Market

Highlights

  • Built-In Refrigerator
  • Ground Level Unit
  • Porch
  • Pole Barn
  • No HOA
  • Patio

About This Home

As of January 2022

Stunning 4 bedroom 2 bath home on nicely treed, landscaped lot with fenced backyard, 20x16 2 story barn with cement floor & electric. Stamped concrete walk in the front of home & backyard exposed aggregate patio, great for entertaining. Home offers kitchen w brick breakfast bar, SS appliances, refinished hardwood flrs in both kitchen & large foyer, foyer also offers knotty pine ceiling. DR w hand scraped wood floors, recess lighting & lots of windows. GR has hand scraped hardwood flooring, vaulted ceiling & 2 sky lights. Option of Mbdrm upstairs (presently used a play room) or Mbdrm on first floor with walk-in closet & door wall. Slate flooring through side entrance & first floor laundry. Bedrooms upstairs have cathedral ceilings. Much of the home has been updated! Walking distance to Village of Romeo shops and restaurants.

Last Agent to Sell the Property

Carl Wessel

Wessel Realty License #6502394466 Listed on: 06/30/2021

Co-Listed By

Carl Wessel

Wessel Realty License #6501366424

Last Buyer's Agent

Salvatore Ciaravino

Real Living Kee Realty-Clinton Twp License #RCO

Real Living Kee Realty-Clinton Twp

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1923 | Remodeled in 2014

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 112.00x103x119x85
  • Fenced
  • Historic Home

Home Design

  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,150 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Crawl Space

Kitchen

  • Free-Standing Gas Range
  • <<microwave>>
  • Built-In Refrigerator
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Pole Barn
  • Porch

Location

  • Ground Level Unit

Utilities

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

Community Details

  • No Home Owners Association
  • A/P # 03 Romeo/Bruce Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0135353002

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,446

Year Built

Built in 1923 | Remodeled in 2014

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Historic
  • Architecture Level: 2 Story
  • Year Built: 1923
  • State Equalized Value: 107500.0000
  • Year Renovated: 2014
  • Entry Location: Ground Level
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Room Count: 10
  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Kitchen Appliances: Built-In Refrigerator, Dishwasher, Dryer, Free-Standing Gas Range, Microwave, Washer
  • Sq Ft Combined: 2150
  • Total Sq Ft: 2150

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Crawl, Michigan Basement
  • Construction Materials: Vinyl
  • Exclusions: Yes
  • Exterior Features: Fenced
  • Foundation Materials: Block
  • Frontage Feet: 121
  • Porch Type: Patio, Porch
  • Road Frontage Type: Paved, Pub. Sidewalk
  • Sideof Street: E
  • Fencing: Fenced

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Romeo

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.20
  • Lot Dimensions: 112.00X103x119x85
  • Parcel Number: 0135353002

Tax Info

  • Tax Amount Summer: 3961.0000
  • Tax Amount Winter: 485.0000
  • Total Tax: 4446.0000
  • Taxable Value: 107500.0000

MLS Schools

  • School District: Romeo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2021
Closed on
Jan 24, 2022
Sold by
Birch Eric K and Birch Nicole
Bought by
Hummon Michael N
Seller's Agent
Carl Wessel
Wessel Realty
Buyer's Agent
Salvatore Ciaravino
Real Living Kee Realty-Clinton Twp
List Price
$314,900
Sold Price
$314,900
Current Estimated Value
$376,653

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,753
Avg. Annual Appreciation
5.19%
Original Mortgage
$267,665
Outstanding Balance
$249,520
Interest Rate
3.56%
Estimated Equity
$126,163

Purchase Details

Listed on
Mar 10, 2019
Closed on
Apr 15, 2019
Sold by
Rice Brandon M and Rice Kara A
Bought by
Birch Eric K and Birch Nicole
Seller's Agent
Carl Wessel
Wessel Realty
Buyer's Agent
Carl Wessel
Wessel Realty
List Price
$259,900
Sold Price
$255,000
Premium/Discount to List
-$4,900
-1.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.89%
Original Mortgage
$242,250
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 8, 2002
Sold by
Koenig Aaron W
Bought by
Rice Brandon M

Purchase Details

Closed on
Sep 13, 2000
Sold by
Charles C Gayeski
Bought by
Aaron W Koenig

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,150
Interest Rate
7.99%
Source: Public Records

Range of Values:

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Average Value
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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
Hummon Michael N $314,900 Bell Title
Birch Eric K $255,000 Bell Title Agency
Rice Brandon M $172,000 --
Aaron W Koenig $177,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hummon Michael N $267,665
Closed Hummon Michael N $267,665
Previous Owner Birch Eric K $242,250
Previous Owner Komlen Kara A $75,000
Previous Owner Rice Brandon M $152,000
Previous Owner Rice Brandon M $18,500
Previous Owner Aaron W Koenig $68,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/25/2022 01/25/22 Sold $314,900 0.0% $146 / Sq Ft
12/23/2021 12/23/21 Pending -- -- --
12/17/2021 12/17/21 Price Changed $314,900 0.0% $146 / Sq Ft
12/17/2021 12/17/21 For Sale $314,900 -3.1% $146 / Sq Ft
12/14/2021 12/14/21 Pending -- -- --
10/27/2021 10/27/21 Price Changed $324,900 -1.5% $151 / Sq Ft
09/17/2021 09/17/21 Price Changed $329,900 -3.0% $153 / Sq Ft
06/30/2021 06/30/21 For Sale $340,000 +33.3% $158 / Sq Ft
04/15/2019 04/15/19 Sold $255,000 -1.9% $119 / Sq Ft
03/14/2019 03/14/19 Pending -- -- --
03/10/2019 03/10/19 For Sale $259,900 -- $121 / 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 $3,610 $165,500 $0 $0
2024 $5,133 $142,000 $0 $0
2023 $5,115 $134,400 $0 $0
2022 $4,546 $125,000 $0 $0
2021 $4,478 $110,200 $0 $0
2020 $3,961 $107,500 $0 $0
2019 $2,186 $103,400 $0 $0
2018 $893 $90,060 $0 $0
2017 $1,461 $80,536 $30,053 $50,483
2016 $2,332 $79,880 $0 $0
2015 -- $70,670 $0 $0
2014 -- $60,640 $24,420 $36,220
2011 -- $54,880 $18,780 $36,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2210049810

Realcomp

APN: 27-01-35-353-002