$64,000
- 4 Beds
- 2 Baths
- 1,728 Sq Ft
- 338 Richter St
- River Rouge, MI
2 UNIT. HUGE YARD ON CORNER LOT. DEATCHED GARAGE, FULL BASEMENT. GREAT FOR INVESTORS! BRING ALL OFFERS!!!
Albert Hakim RE/MAX First
328 Richter St River Rouge, MI 48218
4
Beds
2
Baths
1,825
Sq Ft
3,049
Sq Ft Lot
Highlights
- Colonial Architecture
- No HOA
- Forced Air Heating System
- Ground Level Unit
- 1 Car Detached Garage
About This Home
As of January 2025Major Price Improvement!! Huge and Beautiful! The previous owner used it as an air bnb, so you can purchase it and use as an investment property or the perfect family home. The hardwood floors are beautiful, you don't have to do anything to the kitchen and the home has a plethora of bedrooms. Don't miss out on this beautiful home. Detached garage. 2 beautiful huge back porches! A must see.
Home Details
Home Type
- Single Family
Year Built
- Built in 1920
Lot Details
- 3,049 Sq Ft Lot
- Lot Dimensions are 30.00 x 100.00
Parking
- 1 Car Detached Garage
Home Design
- Colonial Architecture
- Brick Foundation
- Vinyl Construction Material
Interior Spaces
- 1,825 Sq Ft Home
- 2-Story Property
- Living Room with Fireplace
- Unfinished Basement
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Location
- Ground Level Unit
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
Community Details
- No Home Owners Association
- Hoods Sub Subdivision
Listing and Financial Details
- Assessor Parcel Number 50005060090000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 28, 2024
Closed on
Jan 10, 2025
Sold by
Baum Nathan
Bought by
Mclelland Doris
Seller's Agent
Tiffanie Turrentine
EXP Realty Main
Buyer's Agent
Ali Said
Real Estate One-Dbn Hts/Dbn
List Price
$131,000
Sold Price
$70,000
Premium/Discount to List
-$61,000
-46.56%
Total Days on Market
105
Views
106
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,494
Avg. Annual Appreciation
69.25%
Original Mortgage
$59,500
Outstanding Balance
$59,344
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$26,150
Purchase Details
Listed on
May 11, 2023
Closed on
Jun 16, 2023
Sold by
Blynkle Invest Detroit Llc
Bought by
Baum Nathan
Seller's Agent
Cheryl Johnson
Coldwell Banker Professionals Birm
Buyer's Agent
Kelly McHenry
KW Professionals
List Price
$185,000
Sold Price
$173,000
Premium/Discount to List
-$12,000
-6.49%
Views
27
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-43.80%
Purchase Details
Closed on
Jun 9, 2021
Sold by
Chartier Christopher
Bought by
Blynkle Invest Detroit Llc
Purchase Details
Closed on
Feb 8, 2021
Sold by
Lecanu Olivier
Bought by
Chartier Christopher
Purchase Details
Listed on
Aug 18, 2020
Closed on
Nov 9, 2020
Sold by
Faust Amold P
Bought by
Lecanu Olivier
Seller's Agent
Gayle Madera
Allstars Realty
Buyer's Agent
Donna McClymont
J. Barz Realty
List Price
$42,900
Sold Price
$34,500
Premium/Discount to List
-$8,400
-19.58%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.07%
Purchase Details
Closed on
Sep 5, 2019
Sold by
Faust Arnold P
Bought by
Faust Arnold P and Arnold P Faust Revocable Trust
Purchase Details
Closed on
May 6, 2019
Sold by
Faust Arnold P and Faust Rose M
Bought by
Faust Rose M
Map
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $70,000 | Liberty Title | |
| Warranty Deed | $70,000 | Liberty Title | |
| Warranty Deed | $173,000 | Ata National Title | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Listed On Document | |
| Warranty Deed | $83,850 | None Available | |
| Warranty Deed | $34,500 | Speedy T&E Services Llc | |
| Warranty Deed | $34,500 | None Listed On Document | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $59,500 | New Conventional | |
| Closed | $59,500 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/10/2025 01/10/25 | Sold | $70,000 | -17.6% | $38 / Sq Ft |
| 12/11/2024 12/11/24 | Pending | -- | -- | -- |
| 11/28/2024 11/28/24 | Price Changed | $85,000 | -10.5% | $47 / Sq Ft |
| 10/03/2024 10/03/24 | Price Changed | $95,000 | -27.5% | $52 / Sq Ft |
| 08/28/2024 08/28/24 | For Sale | $131,000 | -24.3% | $72 / Sq Ft |
| 06/16/2023 06/16/23 | Sold | $173,000 | -6.5% | $86 / Sq Ft |
| 05/23/2023 05/23/23 | Pending | -- | -- | -- |
| 05/11/2023 05/11/23 | For Sale | $185,000 | +436.2% | $91 / Sq Ft |
| 11/10/2020 11/10/20 | Sold | $34,500 | -19.6% | $19 / Sq Ft |
| 08/29/2020 08/29/20 | Pending | -- | -- | -- |
| 08/18/2020 08/18/20 | For Sale | $42,900 | -- | $24 / Sq Ft |
Source: Realcomp
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 | $3,277 | $47,700 | $0 | $0 |
| 2023 | $2,110 | $37,600 | $0 | $0 |
| 2022 | $3,651 | $29,100 | $0 | $0 |
| 2021 | $2,492 | $24,800 | $0 | $0 |
| 2020 | $1,787 | $21,000 | $0 | $0 |
| 2019 | $918 | $18,900 | $0 | $0 |
| 2018 | $896 | $16,700 | $0 | $0 |
| 2017 | $1,097 | $17,100 | $0 | $0 |
| 2016 | $1,503 | $17,600 | $0 | $0 |
| 2015 | $2,220 | $22,200 | $0 | $0 |
| 2013 | $2,297 | $36,500 | $0 | $0 |
| 2012 | $1,755 | $35,400 | $3,100 | $32,300 |
Source: Public Records
Source: Realcomp
MLS Number: 20240063200
APN: 50-005-06-0090-000
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