NOT LISTED FOR SALE

312 Fairgrove St Romeo, MI 48065

Estimated Value: $273,957 - $366,000

4 Beds
2 Baths
1,825 Sq Ft
$165/Sq Ft Est. Value

Last Sold November 11, 2019

Last sale price $179,000 $98 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $2,134/month

22 Days on Market

Highlights

  • Ranch Style House
  • 1 Car Detached Garage
  • Walk-In Closet
  • Fenced Yard
  • Porch
  • Water Softener is Owned

About This Home

As of November 2019

Great investment opportunity! Rent out both units for extra income or live in one, rent out the other! Both units are rented (under contract) until June 2020. (Further remarks to follow...)

Last Listed By

Patricia Bidus

Park Side & Company LLC License #MISPE-6502330303 Listed on: 09/16/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1964

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 58x117
  • Rural Setting
  • Private Entrance
  • Fenced Yard

Parking

  • 1 Car Detached Garage

Home Design

  • Duplex
  • Ranch Style House
  • Slab Foundation

Interior Spaces

  • Ceiling Fan
  • Window Treatments
  • Laundry on main level

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Porch

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available
  • Separate Meters
  • Community Well
  • Electric Water Heater
  • Water Softener is Owned
  • Community Sewer or Septic

Listing and Financial Details

  • Assessor Parcel Number 270135403012

Community Details

Overview

  • 2 Units
  • Romeo Park Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,346

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: MULTIFAMILY
  • Type: Duplex
  • Type Of Property: Multi-Family
  • Structure Style: 1 Story
  • Styles: Ranch
  • Year Built: 1964
  • Mail City: Romeo
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Interior Amenities: Walk-In Closet, Window Treatment(s)
  • Appliances: Dishwasher, Disposal, Refrigerator, Water Softener - Owned
  • Bedrooms: 4
  • Bathroom Description: First Flr Bath Lav/Half
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Sub Room Description: First Floor Laundry
  • Estimated Sq Ft: 1825

Exterior Features

  • Exterior Features: Fenced Yard, Porch, Storms/Screens, Street Lights
  • Foundation Type: Slab
  • Roads: Paved Street

Garage/Parking

  • Garage Type: Detached Garage
  • Garage Spaces: 1
  • Parking: 3 Or More Spaces

Utilities

  • Water: Community Well
  • Water Heater: Electric
  • Cooling System: Ceiling Fan(s), Wall/Window A/C
  • Fuel Type: Natural Gas
  • Heating System: Electric Heat
  • Separate Electric: Yes
  • Separate Gas: Yes
  • Separate Heat: Yes
  • Sewer/Septic System: Community

Condo/Co-op/Association

  • Community Amenities: Laundry Facility, Private Entry

Lot Info

  • Assessor Parcel Number: 270135403012
  • Location: Rural
  • Lot Dimensions: 58x117
  • Acreage: 0.16
  • Zoning: Multi-Family
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2018, Amount: $2,463.00
  • Winter Tax: Year: 2018, Amount: $208.00
  • Total Tax: Year: 2018, Amount: $3,346.00
  • Village Tax: 675
  • SEV Year: 2018

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Romeo Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 12, 2023
Sold by
Duncan Kristen B
Bought by
Antonelli Properties Llc
Total Days on Market
22
Current Estimated Value
$300,489

Purchase Details

Listed on
Sep 16, 2019
Closed on
Nov 7, 2019
Sold by
House Gary and House Cindy
Bought by
Duncan Kristen B
Seller's Agent
Patricia Bidus
Park Side & Company LLC
Buyer's Agent
Sherry Rathnaw
Rathnaw & Associates Real Estate, Inc
List Price
$179,999
Sold Price
$179,000
Premium/Discount to List
-$999
-0.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.78%
Original Mortgage
$104,186
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 25, 2003
Sold by
Cendant Mortgage Corp
Bought by
Department Of Veterans Affairs

Purchase Details

Closed on
Dec 26, 2001
Sold by
Clarke Colin
Bought by
Kanalos John K

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
Antonelli Properties Llc $250,000 First Premier Title
Duncan Kristen B $179,000 Parks Title
Department Of Veterans Affairs -- --
Kanalos John K $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Duncan Kristen B $104,186
Previous Owner House Gary G $113,500
Previous Owner House Gary $110,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/11/2019 11/11/19 Sold $179,000 -0.6% $98 / Sq Ft
10/08/2019 10/08/19 Pending -- -- --
09/16/2019 09/16/19 For Sale $179,999 0.0% $99 / Sq Ft
04/02/2018 04/02/18 Rented $800 0.0% --
03/01/2018 03/01/18 Under Contract -- -- --
02/21/2018 02/21/18 Price Changed $800 -3.0% $1 / Sq Ft
01/09/2018 01/09/18 For Rent $825 +3.1% --
10/05/2017 10/05/17 Rented $800 0.0% --
09/15/2017 09/15/17 Under Contract -- -- --
09/08/2017 09/08/17 For Rent $800 -- --
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 $5,424 $99,600 $0 $0
2023 $4,958 $93,200 $0 $0
2022 $4,917 $86,800 $0 $0
2021 $4,818 $84,600 $0 $0
2020 $4,415 $80,300 $0 $0
2019 $2,496 $69,200 $0 $0
2018 $675 $72,590 $0 $0
2017 $1,933 $78,571 $14,087 $64,484
2016 $2,569 $77,740 $0 $0
2015 -- $64,070 $0 $0
2014 -- $44,420 $11,750 $32,670
2011 -- $46,000 $10,500 $35,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31394571

Michigan Multiple Listing Service

APN: 27-01-35-403-012