NOT LISTED FOR SALE

43 E Henry St River Rouge, MI 48218

Estimated Value: $125,000 - $171,000

3 Beds
2 Baths
1,608 Sq Ft
$92/Sq Ft Est. Value

Last Sold May 01, 2024

Last sale price $165,000 $103 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $1,112/month

21 Days on Market

About This Home

As of May 2024

Tenant Occupied 2-Unit Well Maintained Multifamily Home Close To Schools & Park. Entry Level 2-Bed 1-Bath Paying $1,150/month Through September 2024 & Upper Unit 1-Bed 1-Bath Paying $850/month Through 11/2024. Both Units Have Updated Paint, Carpet, Kitchen, Bathroom, Light Fixtures & Windows. Large Covered Front Porch, Separate Entrances, Individually Metered Gas & Electric. Walls Blown-In Foam Insulation. Tenants Pay Own Utilities. Landlord Pays Water, Tax & Insurance. Side Lot At 45 E. Henry Also Included In The Sale. Showings Confirmed Only With An Accepted Offer Or LOI. Please Do Not Disturb Tenants. Call Listing Agent With Any Questions.

Last Agent to Sell the Property

Hassan Shukr

Own It Realty License #6501378246 Listed on: 03/12/2024

Last Buyer's Agent

Victoria Camaj

Providence Properties, Realty & Management License #6502431193

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1910 | Remodeled in 2022

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 62.00 x 100.00

Home Design

  • Duplex
  • Block Foundation
  • Poured Concrete
  • Rubber Roof
  • Vinyl Construction Material

Interior Spaces

  • 2 Full Bathrooms
  • 1,608 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 50005020006000

Community Details

Overview

  • 2 Units
  • Burke And Riopelles Sub Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,395

Year Built

Built in 1910 | Remodeled in 2022

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 2 Story
  • Year Built: 1910
  • State Equalized Value: 28000.0000
  • Year Renovated: 2022
  • Pets Allowed: Yes
  • Special Features: NewHome
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 1608

Exterior Features

  • Roof Material: Rubber
  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Foundation Materials: Block, Poured
  • Porch Type: Porch - Covered, Porch
  • Road Frontage Type: Paved

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Lot Info

  • Lot Size Area: 0.14
  • Lot Dimensions: 62.00 x 100.00
  • Parcel Number: 50005020006000
  • Zoning: Multi-Family, Residential

Rental Info

  • Rent Includes: Trash Collection (Garbage Pickup), Water
  • Monthly Rental Income: 2000

Tax Info

  • Tax Amount Summer: 970.0000
  • Tax Amount Winter: 425.0000
  • Total Tax: 1395.0000
  • Taxable Value: 14114.0000

Multi Family

  • Gross Scheduled Income: 24000.00
  • Number Of Units Total: 2

MLS Schools

  • School District: River Rouge

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2024
Closed on
May 1, 2024
Sold by
Bryson Fred
Bought by
Adko Homes Llc
Seller's Agent
Hassan Shukr
Own It Realty
Buyer's Agent
Victoria Camaj
Providence Properties, Realty & Management
List Price
$169,900
Sold Price
$165,000
Premium/Discount to List
-$4,900
-2.88%
Views
74
Current Estimated Value
$156,865

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,135
Avg. Annual Appreciation
-6.28%
Original Mortgage
$123,750
Outstanding Balance
$122,011
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$26,244

Purchase Details

Closed on
Jul 25, 2001
Sold by
Kulinski Geraldine
Bought by
Teets Brian

Purchase Details

Closed on
Mar 28, 1995
Sold by
Curtis D Bartz
Bought by
Gary R Meservy
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Adko Homes Llc $165,000 Minnesota Title
Adko Homes Llc $165,000 Minnesota Title
Teets Brian $14,220 --
Gary R Meservy $21,568 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adko Homes Llc $123,750
Closed Adko Homes Llc $123,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/01/2024 05/01/24 Sold $165,000 -2.9% $103 / Sq Ft
04/02/2024 04/02/24 Pending -- -- --
03/12/2024 03/12/24 For Sale $169,900 -- $106 / 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 $3,483 $43,100 $0 $0
2024 $1,018 $36,200 $0 $0
2023 $970 $28,000 $0 $0
2022 $1,349 $21,300 $0 $0
2021 $1,307 $17,800 $0 $0
2020 $1,316 $15,200 $0 $0
2019 $897 $13,700 $0 $0
2018 $876 $12,300 $0 $0
2017 $800 $12,500 $0 $0
2016 $1,330 $12,900 $0 $0
2015 $1,610 $16,100 $0 $0
2013 $2,002 $26,700 $0 $0
2012 $2,301 $26,000 $3,100 $22,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20240015750

Realcomp

APN: 50-005-02-0006-000