NOT LISTED FOR SALE

37550 W Huron River Dr Romulus, MI 48174

Estimated Value: $202,000 - $293,020

3 Beds
1 Bath
1,245 Sq Ft
$203/Sq Ft Est. Value

Last Sold May 12, 2023

Last sale price $260,000 $209 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $1,716/month

27 Days on Market

Highlights

  • 7.68 Acre Lot
  • 2 Car Detached Garage
  • 3-minute walk to Mary Ann Banks Park
  • No HOA
  • Forced Air Heating System

About This Home

As of May 2023

POTENTIAL POTENTIAL POTENTIAL. This is a wonderful opportunity to purchase a home on over 7.5 acres of land. The house itself has a great foundation and good bones, just needs your touch for cosmetic updates. Included as well a spacious 2 car garage along with a pre-fabricated metal truss building, with 3 phase metered power for industrial usage. The garage has an operational wood burning stove to heat it on those chilly Michigan winter nights. The huge metal truss building has a doorway entrance along with a sectional style door for easy in and out of equipment. The home offers 2 bedrooms on the first floor and a spacious upstairs bedroom, along with a full bathroom, kitchen and living room. The basement is partially finished and offers an open floor plan. Great for family or add to a portfolio.
Come see the chance to buy a property with a home, garage, and metal truss building. This parcel is zoned for residential and light industrial. Property would be great for light industrial work and live on property or lease it for investors. Too many possibilities.

Last Agent to Sell the Property

George Nijem

Realtyflo Inc License #6506047265 Listed on: 03/23/2023

Last Buyer's Agent

Mary Baker

eXp Realty LLC in Monroe License #6501440516

eXp Realty LLC in Monroe

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1941

Lot Details

  • 7.68 Acre Lot
  • Lot Dimensions are 218.00 x 1535.00

Parking

  • 2 Car Detached Garage

Home Design

  • Brick Foundation
  • Vinyl Construction Material

Interior Spaces

  • 1,245 Sq Ft Home
  • 2-Story Property
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Location

  • Ground Level

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 80073010169001
  • $5,000 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,730

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Level: 2 Story
  • Year Built: 1941
  • State Equalized Value: 91300.0000
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Partially Finished
  • Total Sq Ft: 1245

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Foundation Materials: Brick/Mortar
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Detached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: 3rd Party Unknown
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Homestead: Yes
  • List Price per Acre: 36328.1200
  • Lot Size Area: 7.68
  • Lot Dimensions: 218.00 X 1535.00
  • Parcel Number: 80073010169001

Tax Info

  • Tax Amount Summer: 3027.0000
  • Tax Amount Winter: 703.0000
  • Total Tax: 3730.0000

MLS Schools

  • School District: Romulus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2023
Closed on
May 12, 2023
Sold by
Revocable Trust
Bought by
Chappus Robert A
Seller's Agent
George Nijem
Realtyflo Inc
Buyer's Agent
Mary Baker
eXp Realty LLC in Monroe
List Price
$299,000
Sold Price
$260,000
Premium/Discount to List
-$39,000
-13.04%
Views
129
Current Estimated Value
$253,255

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,745
Avg. Annual Appreciation
-0.94%
Original Mortgage
$247,000
Outstanding Balance
$240,044
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$13,211
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Chappus Robert A $260,000 Michigan Title Insurance Agenc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chappus Robert A $247,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/12/2023 05/12/23 Sold $260,000 -6.8% $209 / Sq Ft
04/19/2023 04/19/23 Pending -- -- --
04/14/2023 04/14/23 Price Changed $279,000 -6.7% $224 / Sq Ft
03/23/2023 03/23/23 For Sale $299,000 -- $240 / 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
2025 $4,809 $121,000 $0 $0
2024 $4,831 $106,900 $0 $0
2023 $3,300 $96,100 $0 $0
2022 $3,134 $91,300 $0 $0
2021 $3,730 $88,800 $0 $0
2020 $3,660 $85,000 $0 $0
2019 $3,622 $74,200 $0 $0
2018 $2,391 $61,400 $0 $0
2017 $1,768 $61,200 $0 $0
2016 $3,259 $62,100 $0 $0
2015 $6,160 $61,600 $0 $0
2013 $6,596 $72,100 $0 $0
2012 $1,984 $76,900 $42,400 $34,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20230021465

Realcomp

APN: 80-073-01-0169-001

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