NOT LISTED FOR SALE

425 W 3rd St Rochester, MI 48307

Estimated Value: $362,162 - $449,000

3 Beds
2 Baths
1,722 Sq Ft
$233/Sq Ft Est. Value

Last Sold August 31, 2016

Last sale price $172,000 $100 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $2,429/month

14 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Forced Air Heating System
  • McGregor Elementary School Rated A-
  • Porch
  • Ceiling Fan

About This Home

As of August 2016

Great location, just blocks from Downtown Rochester! Incredible Investment Opportunity in a highly desired area. The home is currently being used as a two unit rental (currently tenant occupied). First floor has two bedrooms, full kitchen, full bath, large living and dining area. The upstairs has one bedroom with two large closets, a full kitchen, family room and full bath. Mainly wood floors throughout.

Last Agent to Sell the Property

Laith Marroki

Keller Williams Paint Creek License #MISPE-6502408422 Listed on: 04/14/2016

Keller Williams Paint Creek

Last Buyer's Agent

Jon Wilcox

EXP Realty LLC License #RCO-6501395686

EXP Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1901

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 50x100x51x100

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,722 Sq Ft Home
  • Ceiling Fan
  • Unfinished Basement

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating System

Community Details

  • Suprvr's Plat No 4 Vlg Of Roch Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1515208011

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,192

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Total Tax Amount: 3191.71
  • Total Tax Year: 2014
  • Year Built: 1901
  • Mail City: Rochester
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Yes
  • Basement: Unfinished
  • Bedrooms: 3
  • Bedroom 1: On Entry Level, Dimensions: 14 x 11
  • Bedroom 2: On Entry Level, Dimensions: 11 x 10
  • Bedroom 2 Floor Covering: Carpet
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Dining Room: On Entry Level, Dimensions: 12 x 12
  • Dining Room Floor Covering: Wood
  • Family Room: On 2nd Floor, Dimensions: 13 x 11
  • Family Room Floor Covering: Wood
  • Kitchen: On Entry Level, Dimensions: 11 x 11
  • Living Room: On Entry Level, Dimensions: 19 x 11
  • Living Room Floor Covering: Wood
  • Above Grade Finished Sq Ft: 1722
  • Total Finished Sq Ft: 1722

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Features: Deck, Porch, Sidewalks
  • Foundation: Basement
  • Frontage: 50

Utilities

  • Heating: Forced Air
  • Sewer: Public Sanitary
  • Water: Public Water
  • Cooling: Ceiling Fan(s)

Lot Info

  • Assessor Parcel Number: 1515208011
  • Lot Dimensions: 50x100x51x100
  • Acreage: 0.12
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2015, Amount: $2,402.67
  • Winter Tax: Year: 2014, Amount: $782.38
  • Taxable Value: 61350
  • Total Tax: Year: 2014, Amount: $3,191.71
  • SEV Year: 2015

MLS Schools

  • School District: Rochester Community School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2016
Closed on
Aug 31, 2016
Sold by
Kruk George M and Kruk Jonathan A
Bought by
Wilcox Scott R
Seller's Agent
Laith Marroki
Keller Williams Paint Creek
Buyer's Agent
Jon Wilcox
EXP Realty LLC
List Price
$179,900
Sold Price
$172,000
Premium/Discount to List
-$7,900
-4.39%
Current Estimated Value
$401,541

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$229,541
Avg. Annual Appreciation
9.78%
Original Mortgage
$137,600
Outstanding Balance
$109,980
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$291,561

Purchase Details

Closed on
May 26, 2005
Sold by
United States Marshal For The Eastern Di
Bought by
Kruk George M and Kruk Jonathan A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Interest Rate
5.69%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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Average Value
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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
Wilcox Scott R $172,000 None Available
Kruk George M $156,000 Transnation Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilcox Scott R $137,600
Previous Owner Kruk George M $117,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2016 08/31/16 Sold $172,000 -4.4% $100 / Sq Ft
05/18/2016 05/18/16 For Sale $179,900 0.0% $104 / Sq Ft
04/28/2016 04/28/16 Pending -- -- --
04/26/2016 04/26/16 For Sale $179,900 0.0% $104 / Sq Ft
04/19/2016 04/19/16 Pending -- -- --
04/14/2016 04/14/16 For Sale $179,900 -- $104 / 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
2024 $3,601 $148,350 $0 $0
2023 $3,448 $132,610 $0 $0
2022 $3,668 $126,750 $0 $0
2021 $3,446 $122,570 $0 $0
2020 $3,235 $115,060 $0 $0
2019 $3,557 $110,760 $0 $0
2018 $3,552 $104,750 $0 $0
2017 $3,483 $100,190 $0 $0
2016 $3,040 $95,000 $0 $0
2015 -- $88,090 $0 $0
2014 -- $74,850 $0 $0
2011 -- $62,480 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31287021

Michigan Multiple Listing Service

APN: 15-15-208-011