NOT LISTED FOR SALE

407 N Bailey St Romeo, MI 48065

Estimated Value: $313,000 - $353,000

4 Beds
2 Baths
1,668 Sq Ft
$201/Sq Ft Est. Value

Last Sold June 16, 2020

Last sale price $227,000 $136 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $2,075/month

1 Day on Market

Highlights

  • Above Ground Pool
  • Wood Flooring
  • 4 Car Detached Garage
  • Deck
  • Fenced Yard
  • Porch

About This Home

As of June 2020

Transfer prompts the sale of this wonderfully updated and spacious home. 4 bedrooms, 2 fully remodeled baths on a beautiful, fully fenced yard with a 4 car garage in the highly desired Village of Romeo. As soon as you walk through the door, you will be inspired by the contrasting dark, solid wood flooring beneath the custom, white wainscoting. You will delight in the tastefully remodeled kitchen with white cabinets, stunning marble counter tops and stainless appliances. You will find two bedrooms on the first floor. One currently an office/den with its sliding door leading to the large deck, inviting pool and treed back yard. Another outstanding feature of this beautiful home is the over-sized 4 car garage with workshop wired with 110 and 220 amp, accessible garage doors at both ends of the garage, two over-sized rooms above with endless possibilities for use, and deck. Walking distance to the historic, quaint Downtown area. All of this and much more. See additional list in photos

Last Agent to Sell the Property

Joseph Anderson

Berkshire Hathaway HomeServices Kee Realty Roch License #MISPE-6501371105 Listed on: 05/04/2020

Berkshire Hathaway HomeServices Kee Realty Roch

Co-Listed By

Dawn Anderson

Berkshire Hathaway HomeServices Kee Realty Roch License #MISPE-6501367079

Last Buyer's Agent

Christina Podzikowski

KW Metro License #RCO-6501417198

KW Metro

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1972

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 50 x 213
  • Fenced Yard

Home Design

  • Split Level Home
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Bay Window
  • Basement
  • Block Basement Construction

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 4 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Above Ground Pool
  • Deck
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Water Softener is Owned

Community Details

  • A/P # 04 Romeo/Bruce Subdivision

Listing and Financial Details

  • Assessor Parcel Number 27-01-35-326-027

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,989

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Split Level
  • Structure Style: 2 Story
  • Flood Plain: Unknown
  • Total Tax Amount: 4989
  • Total Tax Year: 2019
  • Year Built: 1972
  • Mail City: Romeo
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Bay Window, Ceramic Floors, Hardwood Floors
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range/Oven, Refrigerator, Washer, Water Softener - Owned
  • Basement: Yes
  • Basement: Block
  • Bedrooms: 4
  • Bedroom 1: On 2nd Floor, Dimensions: 17 x 12
  • Bedroom 1 Floor Covering: Carpet
  • Bedroom 2: On 2nd Floor, Dimensions: 12 x 12
  • Bedroom 2 Floor Covering: Carpet
  • Bedroom 3: On 1st Floor, Dimensions: 11 x 11
  • Bedroom 3 Floor Covering: Wood
  • Bedroom 4: On 1st Floor, Dimensions: 10 x 10
  • Bedroom 4 Floor Covering: Wood
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Bathroom 1: Dimensions: 9 x 5, On Level: First, Flooring: Ceramic
  • Bathroom 2: Dimensions: 7 x 5, On Level: Second, Flooring: Ceramic
  • Dining Room: On 1st Floor, Dimensions: 10 x 8
  • Dining Room Floor Covering: Wood
  • Kitchen: On 1st Floor, Dimensions: 12 x 10
  • Kitchen Floor Covering: Ceramic
  • Living Room: On 1st Floor, Dimensions: 18 x 12
  • Living Room Floor Covering: Wood
  • Below Grade Sq Ft: 1008
  • Finished Below Grade Sq Ft: 156
  • Above Grade Finished Sq Ft: 1512
  • Total Finished Sq Ft: 1668

Exterior Features

  • Pool: Yes
  • Exterior: Stone, Vinyl Siding
  • Exterior Features: Above Ground Pool, Deck, Fenced Yard, Porch, Sidewalks
  • Foundation: Basement
  • Frontage: 50
  • Road: City/County

Garage/Parking

  • Garage: Gar Door Opener, Detached Garage, Electric in Garage
  • Garage Spaces: 4
  • Parking: 2 Spaces
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water
  • Water Heater: Gas
  • Cooling: Central A/C

Lot Info

  • Assessor Parcel Number: 27-01-35-326-027
  • Zoning: Residential
  • Lot Dimensions: 50 X 213
  • Acreage: 0.24
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2019, Amount: $3,228.00
  • Winter Tax: Year: 2019, Amount: $412.00
  • Taxable Value: 93081
  • Total Tax: Year: 2019, Amount: $4,989.00
  • Village Tax: 1349
  • Village Tax Year: 2019
  • SEV Year: 2019

MLS Schools

  • School District: Romeo Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2020
Closed on
Jun 16, 2020
Sold by
Summers Jennifer M
Bought by
Soave Raechel and Michels Christopher
Seller's Agent
Joseph Anderson
Berkshire Hathaway HomeServices Kee Realty Roch
Buyer's Agent
Christina Podzikowski
KW Metro
List Price
$225,000
Sold Price
$227,000
Premium/Discount to List
$2,000
0.89%
Current Estimated Value
$334,776

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,776
Avg. Annual Appreciation
7.73%
Original Mortgage
$204,300
Outstanding Balance
$181,894
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$152,882

Purchase Details

Listed on
Aug 22, 2016
Closed on
Nov 15, 2016
Sold by
Ujkic Pashko and Bastianelli Mario
Bought by
Summers Jennifer M
Seller's Agent
Mark Margiljaj
3DX Real Estate LLC
Buyer's Agent
Non Participant
Non Realcomp Office
List Price
$229,900
Sold Price
$210,000
Premium/Discount to List
-$19,900
-8.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.19%

Purchase Details

Listed on
Mar 19, 2016
Closed on
Jun 22, 2016
Sold by
Wells Fargo Bank Natonal Asso
Bought by
Ujkie Pashko and Bastianell Mario
Seller's Agent
Jason Megie
Preferred Realty Pros
Buyer's Agent
Mark Margiljaj
3DX Real Estate LLC
List Price
$198,000
Sold Price
$110,750
Premium/Discount to List
-$87,250
-44.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
395.10%

Purchase Details

Closed on
Jul 2, 2004
Sold by
Kanapsky Jason
Bought by
Kanapsky Jason and Velazquez Lenore

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,000
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 1, 2004
Sold by
Velazquez Tony and Velazquez Lenore
Bought by
Kanapsky Jason

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,000
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Soave Raechel $227,000 Premier Title Agency Llc
Summers Jennifer M $210,000 None Available
Ujkie Pashko $116,287 None Available
Kanapsky Jason -- William T Sheahan Title Co
Kanapsky Jason $220,000 William T Sheahan Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Soave Raechel $204,300
Previous Owner Kanapsky Jason $200,000
Previous Owner Kanapsky Jason $35,000
Previous Owner Kanapsky Jason $222,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2020 06/16/20 Sold $227,000 +0.9% $136 / Sq Ft
05/05/2020 05/05/20 Pending -- -- --
05/04/2020 05/04/20 For Sale $225,000 +7.1% $135 / Sq Ft
11/15/2016 11/15/16 Sold $210,000 0.0% $139 / Sq Ft
10/29/2016 10/29/16 Pending -- -- --
10/25/2016 10/25/16 Price Changed $209,900 -4.5% $139 / Sq Ft
10/21/2016 10/21/16 Price Changed $219,900 -4.3% $145 / Sq Ft
09/26/2016 09/26/16 For Sale $229,900 0.0% $152 / Sq Ft
09/14/2016 09/14/16 Pending -- -- --
09/09/2016 09/09/16 For Sale $229,900 +77.0% $152 / Sq Ft
08/24/2016 08/24/16 Pending -- -- --
08/22/2016 08/22/16 For Sale $129,900 +17.3% $86 / Sq Ft
06/22/2016 06/22/16 Sold $110,750 -20.9% $73 / Sq Ft
05/17/2016 05/17/16 Pending -- -- --
05/13/2016 05/13/16 Price Changed $140,000 -20.0% $93 / Sq Ft
04/15/2016 04/15/16 Price Changed $174,900 -11.7% $116 / Sq Ft
03/19/2016 03/19/16 For Sale $198,000 -- $131 / Sq Ft
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
2025 $3,176 $150,600 $0 $0
2024 $4,515 $128,800 $0 $0
2023 $4,499 $122,900 $0 $0
2022 $4,546 $115,000 $0 $0
2021 $4,477 $109,000 $0 $0
2020 $3,495 $101,100 $0 $0
2019 $3,228 $97,200 $0 $0
2018 $3,564 $89,990 $0 $0
2017 $2,180 $73,406 $20,640 $52,766
2016 $2,348 $72,720 $0 $0
2015 -- $66,910 $0 $0
2014 -- $61,000 $16,770 $44,230
2011 -- $57,710 $12,900 $44,810
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 50010231

Michigan Multiple Listing Service

APN: 27-01-35-326-027