$36,000
SOLD JUN 6, 2014

426 Genessee St River Rouge, MI 48218

6 Beds
4 Baths
3,000 Sq Ft
4,356 Sq Ft Lot

Recently Sold

$12 Per Sq Ft

13% Below List Price

135 Days on Market

Highlights

  • Porch
  • Garage
  • 3-minute walk to Memorial Park
  • Hot Water Heating System
  • Fenced

About This Home

As of May 2023

INVESTORS! Attractive 4 unit. Separate electric. Appliances included. Newer roof, some newer windows. Rental Cert is current. Selling as-is. Buyer is responsiblele for City pre-sale inspection and required repairs, if any. Full basement and garage. Street Parking. Fantastic opportunity. INCOME! Located near Memorial Park and Visgar Elementary. List Agent to accompany. Showings before 5pm, please. 24 hour notice please. Special Cash Pricing Available

Last Agent to Sell the Property

Kathleen Sugajski

Real Estate One-Southgate License #6501312460 Listed on: 12/15/2013

Real Estate One-Southgate

Last Buyer's Agent

Kevin Sabuda

Metropolitan Real Estate License #6501363538

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 35 x 140
  • Fenced

Home Design

  • Quadruplex
  • Block Foundation

Interior Spaces

  • 4 Full Bathrooms
  • 3,000 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Parking

  • Garage
  • Lighted Parking
  • On-Street Parking

Outdoor Features

  • Exterior Lighting
  • Porch

Utilities

  • Back Up Electric Heat Pump System
  • Hot Water Heating System

Community Details

  • 4 Units
  • Bellaires Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50004210040001

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Quadruplex
  • Architecture Level: 2 Story
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 3000
  • Total Sq Ft: 3000
  • Sq Ft Total Bsmt: 700

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Aluminum, Wood
  • Exterior Features: Fenced, Lighting
  • Foundation Materials: Block
  • Frontage Feet: 35
  • Porch Type: Porch
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • Garage: Yes
  • MF Parking: Lighted, On Street

Utilities

  • Heating Fuel: Electric
  • Heating: Hot Water
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Schools

  • School District: River Rouge

Lot Info

  • List Price per Acre: 414000.0000
  • Lot Size Area: 0.10
  • Lot Dimensions: 35 X 140
  • Parcel Number: 50004210040001
  • Zone Conform: Yes
  • Zoning: Multi-Family

Rental Info

  • Deposit Amount: 15000.00
  • Legal Rental Certified: Yes
  • Monthly Rental Income: 1600

Tax Info

  • Tax Amount Summer: 1782.0000
  • Tax Amount Winter: 878.0000
  • Total Tax: 2660.0000

Multi Family

  • Gross Scheduled Income: 19200.00
  • Number Of Units Total: 4
  • Number of One Bedroom Units: 2
  • Number of Two Bedroom Units: 2
  • Number Of Units Leased: 1

MLS Schools

  • School District: River Rouge

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2023
Closed on
Apr 27, 2023
Sold by
Holly11 Llc
Bought by
Harper-Connors Investment Llc
Seller's Agent
Ryan Heward
Golden Key Real Estate
Buyer's Agent
Johnny Gewarges
EXP Realty
List Price
$165,000
Sold Price
$145,000
Premium/Discount to List
-$20,000
-12.12%
Total Days on Market
135
Current Estimated Value
$185,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,667
Avg. Annual Appreciation
12.69%

Purchase Details

Closed on
Jun 21, 2021
Sold by
Tazet Gerard
Bought by
Holly 11 Llc

Purchase Details

Closed on
Mar 13, 2017
Sold by
Lesur Property Invest Llc
Bought by
Tazel Gerard

Purchase Details

Closed on
May 9, 2016
Sold by
Sidelnikov Sergey and Sidelnikov Tanya
Bought by
Lesur Property Invest Llc

Purchase Details

Listed on
Dec 15, 2013
Closed on
Jun 5, 2014
Sold by
Walls Terrilynn and Walls Michael D
Bought by
Sidelnikov Sergey
Seller's Agent
Kathleen Sugajski
Real Estate One-Southgate
Buyer's Agent
Kevin Sabuda
Metropolitan Real Estate
List Price
$41,400
Sold Price
$36,000
Premium/Discount to List
-$5,400
-13.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.08%
Original Mortgage
$25,200
Interest Rate
4.18%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Warranty Deed $145,000 None Listed On Document
Quit Claim Deed $252,000 None Available
Quit Claim Deed -- None Available
Warranty Deed $65,000 Fidelity Natl Title Co Llc
Warranty Deed $36,000 Michigan Title Insurance Age
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $578,700 New Conventional
Previous Owner $25,200 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2023 05/10/23 Sold $145,000 -12.1% $56 / Sq Ft
04/17/2023 04/17/23 Pending -- -- --
04/17/2023 04/17/23 For Sale $165,000 +358.3% $64 / Sq Ft
06/06/2014 06/06/14 Sold $36,000 -13.0% $12 / Sq Ft
04/29/2014 04/29/14 Pending -- -- --
12/15/2013 12/15/13 For Sale $41,400 0.0% $14 / Sq Ft
02/28/2013 02/28/13 Rented $450 0.0% --
02/25/2013 02/25/13 Under Contract -- -- --
02/25/2013 02/25/13 For Rent $450 0.0% --
02/18/2013 02/18/13 Rented $450 0.0% --
02/15/2013 02/15/13 Under Contract -- -- --
11/15/2012 11/15/12 For Rent $450 -- --
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
2024 $4,781 $69,600 $0 $0
2023 $3,096 $54,800 $0 $0
2022 $4,306 $42,900 $0 $0
2021 $2,679 $36,400 $0 $0
2020 $2,697 $30,800 $0 $0
2019 $1,838 $27,600 $0 $0
2018 $1,794 $25,200 $0 $0
2017 $1,645 $25,700 $0 $0
2016 $2,712 $26,500 $0 $0
2015 $3,360 $33,600 $0 $0
2013 $2,924 $54,800 $0 $0
2012 $2,613 $53,000 $3,500 $49,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 213204882

Realcomp

APN: 50-004-21-0040-001