NOT LISTED FOR SALE

396 Burke St River Rouge, MI 48218

Estimated Value: $110,000 - $154,000

4 Beds
2 Baths
2,008 Sq Ft
$66/Sq Ft Est. Value

Last Sold January 29, 2016

Last sale price $16,000 $8 Per Sq Ft

Est. 727% increase in value since last sale

Current estimated payment $907/month

98 Days on Market

Highlights

  • Balcony
  • Forced Air Heating System
  • 5-minute walk to Memorial Park
  • Porch
  • 1 Car Garage

About This Home

As of January 2016

GREAT INVESTMENT OPPORTUNITY! 2 UNIT UPPER/LOWER DUPLEX. 1 CAR DETACHED GARAGE AND UNFINISHED BASEMENT. BOTH UNITS HAVE LIVING ROOM, FORMAL DINING ROOM, KITCHEN, FULL BATHROOM AND 2 BEDROOMS. SPACIOUS ROOMS AND HARDWOOD FLOORS THROUGHOUT. LOCATED CLOSE TO MEMORIAL PARK AND ANN VISGER ELEMENTARY SCHOOL.

Last Agent to Sell the Property

Paul Endres

Star Properties Management Inc License #6502114791 Listed on: 10/13/2015

Last Buyer's Agent

Deborah Turner

Red Carpet Keim Classic Realty License #6501274709

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 40.00x87.71

Parking

  • 1 Car Garage

Home Design

  • Duplex
  • Block Foundation

Interior Spaces

  • 2 Full Bathrooms
  • 2,008 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Outdoor Features

  • Balcony
  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units
  • Charles Meyers Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50004110010002

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 2 Story
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 2008
  • Total Sq Ft: 2008
  • Sq Ft Total Bsmt: 988

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Aluminum
  • Foundation Materials: Block
  • Frontage Feet: 40
  • Porch Type: Balcony, Porch
  • Road Frontage Type: Paved

Garage/Parking

  • MF Parking: Garages
  • Total Parking Spaces: 1

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Schools

  • School District: River Rouge

Lot Info

  • List Price per Acre: 212500.0000
  • Lot Size Area: 0.08
  • Lot Dimensions: 40.00X87.71
  • Parcel Number: 50004110010002
  • Zoning: Multi-Family

Tax Info

  • Tax Amount Summer: 1586.0000
  • Tax Amount Winter: 966.0000
  • Total Tax: 2552.0000

Multi Family

  • Number Of Units Total: 2
  • Number of Two Bedroom Units: 2

MLS Schools

  • School District: River Rouge

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2015
Closed on
Jan 29, 2016
Sold by
Thornsbury Denny and Thornsbury Opal J
Bought by
Tucker Kenyatta and Tucker Tamara
Seller's Agent
Paul Endres
Star Properties Management Inc
Buyer's Agent
Deborah Turner
Red Carpet Keim Classic Realty
List Price
$19,900
Sold Price
$16,000
Premium/Discount to List
-$3,900
-19.6%
Current Estimated Value
$132,293

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,293
Avg. Annual Appreciation
23.21%

Purchase Details

Closed on
Sep 11, 2015
Sold by
The City Of River Rouge
Bought by
Thornsbury Denny

Purchase Details

Closed on
Aug 26, 2015
Sold by
Wayne County Treasurer
Bought by
Treasurer City Of River Rouge

Purchase Details

Closed on
Jul 6, 2015
Sold by
Thornsbury Dennys
Bought by
Thornsbury Denny
Source: Public Records

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
Tucker Kenyatta -- Title Solutions Agency Llc
Thornsbury Denny $2,198 Attorney
Treasurer City Of River Rouge $2,198 None Available
Thornsbury Denny -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tucker Kenyatta $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2016 01/29/16 Sold $16,000 -19.6% $8 / Sq Ft
01/19/2016 01/19/16 Pending -- -- --
10/13/2015 10/13/15 For Sale $19,900 -- $10 / 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 $2,231 $63,400 $0 $0
2024 $2,231 $54,300 $0 $0
2023 $1,522 $42,700 $0 $0
2022 $2,185 $33,000 $0 $0
2021 $2,051 $28,000 $0 $0
2020 $2,065 $23,700 $0 $0
2019 $1,407 $21,300 $0 $0
2018 $1,374 $19,300 $0 $0
2017 $1,261 $19,700 $0 $0
2016 $2,079 $20,300 $0 $0
2015 $2,570 $25,700 $0 $0
2013 $2,586 $42,100 $0 $0
2012 $2,143 $40,800 $3,400 $37,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 215111609

Realcomp

APN: 50-004-11-0010-002