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 September 14, 2023

Last sale price $250,000 $137 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $2,134/month

7 Days on Market

Highlights

  • 1-Story Property
  • Forced Air Heating System
  • Private Entrance

About This Home

As of September 2023

Great opportunity in Down Town Romeo. Beautifully well kept 2 unit duplex located in Down town Romeo. Just a short walking distance to down town with shopping and restaurants as well as the fire station and beautiful park. Each unit has 2 bedrooms, 1 bathroom. Newer floors in 1st unit. Both unites are tenant occupied on a month to month lease

Last Listed By

Rebecca Messier

National Realty Centers, Inc License #6501412201 Listed on: 08/18/2023

National Realty Centers, Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1964

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 58.00 x 117.00
  • Private Entrance

Home Design

  • Duplex
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 2 Full Bathrooms
  • 1,825 Sq Ft Home
  • 1-Story Property

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 0135403012

Community Details

Overview

  • 2 Units
  • Romeo Park Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,917

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 1 Story
  • Assessment: 1223.00; Village Tax
  • Year Built: 1964
  • State Equalized Value: 86800.0000
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Sq Ft Combined: 1825
  • Total Sq Ft: 1825

Exterior Features

  • Foundation Details: Slab
  • Construction Materials: Brick
  • Exterior Features: Private Entry
  • Frontage Feet: 58
  • Road Frontage Type: Paved

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Wall Unit(s)
  • Heating: Forced Air
  • Sewer: Shared Septic (Common)
  • Water Heater Fuel: Electric
  • Water Source: Public (Municipal)

Schools

  • School District: Romeo

Lot Info

  • Lot Size Area: 0.15
  • Lot Dimensions: 58.00 x 117.00
  • Parcel Number: 0135403012
  • Zoning: Residential

Rental Info

  • Monthly Rental Income: 1700

Tax Info

  • Tax Amount Summer: 4555.0000
  • Tax Amount Winter: 362.0000
  • Total Tax: 4917.0000
  • Taxable Value: 84110.0000

Multi Family

  • Gross Scheduled Income: 20400.00
  • Number Of Units Total: 2
  • Unit Count: 2
  • Number of Two Bedroom Units: 2
  • Number Of Units Leased: 2

MLS Schools

  • School District: Romeo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2023
Closed on
Sep 12, 2023
Sold by
Duncan Kristen B
Bought by
Antonelli Properties Llc
Seller's Agent
Rebecca Messier
National Realty Centers, Inc
Buyer's Agent
Matthew Dababneh
Keller Williams Realty Lakeside
List Price
$260,000
Sold Price
$250,000
Premium/Discount to List
-$10,000
-3.85%
Total Days on Market
7
Views
68
Current Estimated Value
$300,489

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,489
Avg. Annual Appreciation
11.43%

Purchase Details

Closed on
Nov 7, 2019
Sold by
House Gary and House Cindy
Bought by
Duncan Kristen B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
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
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
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
09/14/2023 09/14/23 Sold $250,000 -3.8% $137 / Sq Ft
08/25/2023 08/25/23 Pending -- -- --
08/18/2023 08/18/23 For Sale $260,000 -- $142 / 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 $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

  • Rebecca Messier

    Seller's Agent in 2023

    Rebecca Messier

    National Realty Centers, Inc

    (586) 747-9323

    1 in this area

    38 Total Sales

    Rebecca Messier
    Section Image
  • Matthew Dababneh

    Buyer's Agent in 2023

    Matthew Dababneh

    Keller Williams Realty Lakeside

    (586) 855-6288

    1 in this area

    60 Total Sales

    Matthew Dababneh
    Section Image
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Map

Source: Realcomp

MLS Number: 20230068365

Realcomp

APN: 27-01-35-403-012

Michigan Macomb County Romeo 48065

312 Fairgrove St, Romeo, MI

Homes for Sale in Romeo, MI

This home is located at 312 Fairgrove St, Romeo, MI 48065 since 18 August 2023 and is currently estimated at $300,489, approximately $164 per square foot. This property was built in 1964. 312 Fairgrove St is a home located in Macomb County with nearby schools including Amanda Moore Elementary School and Bible Truth Christian Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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