NOT LISTED FOR SALE

486 Holford St River Rouge, MI 48218

Estimated Value: $29,353 - $130,000

3 Beds
2 Baths
1,421 Sq Ft
$48/Sq Ft Est. Value

Last Sold November 20, 2020

Last sale price $20,000 $14 Per Sq Ft

Est. 243% increase in value since last sale

Current estimated payment $416/month

123 Days on Market

About This Home

As of November 2020

Here's a good purchase for a decent price. Property needs some love, but it'll make a great investment property once it's restored. Live in one unit and rent out the other if you choose or you can lease them both for double the income! LOCATED CLOSE TO SCHOOLS, SHOPPING, AND JUST MINUTES AWAY FROM THE DETROIT RIVER. Seller is motivated and will review ALL offers. BATVAI. This property is being sold "As-is" and it's only available to the buyer who acts NOW!!! Buyer to pay $395 Processing fee.

Last Agent to Sell the Property

Rondre Brooks

New Way Realty Partners License #6501388750 Listed on: 06/24/2020

Last Buyer's Agent

Vetrice Barber

EXP Realty LLC License #RCO-6501412032

EXP Realty LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1924

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 45.00x100.00

Home Design

  • Duplex
  • Stone Siding

Interior Spaces

  • 2 Full Bathrooms
  • 1,421 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 50009010363300

Community Details

Overview

  • 2 Units
  • River Rouge Park Sub Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 2 Story
  • Year Built: 1924
  • State Equalized Value: 15400.0000
  • Pets Allowed: Yes
  • 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: 1421
  • Total Sq Ft: 1421
  • Sq Ft Total Bsmt: 716

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Aluminum, Stone
  • Road Frontage Type: Paved

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Sewer at Street
  • Water Source: Municipal Water
  • Laundry Facilities: No

Schools

  • School District: River Rouge

Lot Info

  • List Price per Acre: 280000.0000
  • Lot Size Area: 0.10
  • Lot Dimensions: 45.00X100.00
  • Parcel Number: 50009010363300
  • Zoning: Multi-Family

Tax Info

  • Tax Amount Summer: 1097.0000
  • Tax Amount Winter: 448.0000
  • Total Tax: 1545.0000
  • Taxable Value: 15400.0000

Multi Family

  • Number Of Units Total: 2
  • Unit Count: 2
  • Number of One Bedroom Units: 1
  • Number of Two Bedroom Units: 1

MLS Schools

  • School District: River Rouge

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2020
Closed on
Nov 19, 2020
Sold by
Seven Plus One Llc
Bought by
Douglas Mariah
Seller's Agent
Rondre Brooks
New Way Realty Partners
Buyer's Agent
Vetrice Barber
EXP Realty LLC
List Price
$28,000
Sold Price
$20,000
Premium/Discount to List
-$8,000
-28.57%
Current Estimated Value
$68,588

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,588
Avg. Annual Appreciation
26.72%

Purchase Details

Closed on
Jul 5, 2018
Sold by
Anderson Ingram 401K Trust
Bought by
Seven Plus One Llc

Purchase Details

Closed on
Nov 3, 2016
Sold by
Greater Detroit Holdings Llc
Bought by
Ingram Dion and Anderson Ingram 401K Trust

Purchase Details

Closed on
Nov 10, 2015
Sold by
Treasurer Of The Charter County Of Wayne
Bought by
Greater Detroit Holdings Llc

Purchase Details

Closed on
Oct 15, 2014
Sold by
Luna Shireeia
Bought by
Luna Ivan

Purchase Details

Closed on
May 12, 2011
Sold by
Detroit Progress Fund Ii Llc
Bought by
Luna Shireeia

Purchase Details

Closed on
Sep 2, 2010
Sold by
Usa Rental Fund Llc
Bought by
Detroit Progress Fund Ii Llc

Purchase Details

Closed on
Feb 23, 2010
Sold by
Suntrust Mortgage Inc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Feb 10, 2010
Sold by
Ruffin Stanley
Bought by
Suntrust Mortgage Inc

Purchase Details

Closed on
Oct 30, 2006
Sold by
Snider Clarece
Bought by
Ruffin Stanley

Purchase Details

Closed on
Nov 16, 1998
Sold by
Snider John Q
Bought by
Snider Jewett
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
Douglas Mariah $20,000 None Available
Seven Plus One Llc $11,000 Sargents Title Co
Ingram Dion $5,000 None Available
Greater Detroit Holdings Llc $900 None Available
Luna Ivan $500 None Available
Luna Shireeia $4,000 None Available
Detroit Progress Fund Ii Llc -- None Available
Federal National Mortgage Association -- None Available
Suntrust Mortgage Inc $64,484 None Available
Ruffin Stanley $22,000 Able Title Agency Llc
Snider Jewett -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ruffin Stanley $50,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2020 11/20/20 Sold $20,000 -28.6% $14 / Sq Ft
10/26/2020 10/26/20 Pending -- -- --
09/03/2020 09/03/20 Price Changed $28,000 -6.7% $20 / Sq Ft
08/18/2020 08/18/20 Price Changed $30,000 -14.3% $21 / Sq Ft
07/04/2020 07/04/20 Price Changed $35,000 +25.0% $25 / Sq Ft
06/24/2020 06/24/20 For Sale $28,000 -- $20 / 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 $616 $3,700 $0 $0
2024 $616 $3,200 $0 $0
2023 $369 $2,400 $0 $0
2022 $1,772 $23,500 $0 $0
2021 $1,798 $20,100 $0 $0
2020 $1,609 $17,100 $0 $0
2019 $1,097 $15,400 $0 $0
2018 $2,146 $14,400 $0 $0
2017 $939 $14,700 $0 $0
2016 $2,800 $15,100 $0 $0
2015 $1,880 $18,800 $0 $0
2013 $2,970 $31,200 $0 $0
2012 $3,248 $30,400 $3,800 $26,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2200047422

Realcomp

APN: 50-009-01-0363-300