NOT LISTED FOR SALE

491 Lenoir Ave River Rouge, MI 48218

Estimated Value: $56,000 - $90,558

3 Beds
1 Bath
894 Sq Ft
$87/Sq Ft Est. Value

Last Sold June 26, 2019

Last sale price $32,000 $36 Per Sq Ft

Est. 142% increase in value since last sale

Current estimated payment $604/month

11 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Forced Air Heating System

About This Home

As of June 2019

Great opportunity to own this outstanding brick property in a quiet area of River Rouge.

Solid brick family property features 3 good bedrooms, full basement, living room, and a good-sized family kitchen.
Nice level lot with large backyard. New roof (2017) and recent carpeting throughout.
Great High-Yield Investment Property ($850 p/m easily achieved) OR as Owner-Occupied Family Home.
CITY INSPECTION COMPLETED, only minor work needed.

What I Love About The Home
WONDERFUL WELL-BUILT BRICK HOUSE. BRAND NEW ROOF INSTALLED in 2017, RECENT CARPETING. GREAT FAMILY HOME, LOW-MAINTENANCE. Also, FOR SERIOUS INVESTORS: exclusive 3x house investment package available w/huge $2500 p/m rent potential. Contact LISTING AGENT for details NOW.

Last Agent to Sell the Property

John Gregory III

EXP Realty License #6501420832 Listed on: 06/13/2019

EXP Realty

Last Buyer's Agent

Reva Lee

Reach Realty Group License #RCO-6501388370

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1960

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 43.00x105.00
  • Property fronts a private road

Home Design

  • 894 Sq Ft Home
  • Ranch Style House
  • Brick Exterior Construction
  • Poured Concrete

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

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

Additional Features

  • Unfinished Basement

Community Details

  • No Home Owners Association
  • River Rouge Urban Renewal Plat No 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50010010084000

Home Details

Home Type

Single Family

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 6
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 894
  • Total Sq Ft: 894
  • Sq Ft Total Bsmt: 800

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Poured
  • Frontage Feet: 43
  • Road Frontage Type: Private

Garage/Parking

  • Garage Size: No Garage

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: River Rouge

Lot Info

  • List Price per Acre: 355000.0000
  • Lot Size Area: 0.10
  • Lot Dimensions: 43.00X105.00
  • Parcel Number: 50010010084000

Tax Info

  • Tax Amount Summer: 783.0000
  • Tax Amount Winter: 347.0000
  • Total Tax: 1130.0000

MLS Schools

  • School District: River Rouge

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2019
Closed on
Jun 26, 2019
Sold by
Fields Frank J
Bought by
Beard Beatrice
Seller's Agent
John Gregory III
EXP Realty
Buyer's Agent
Reva Lee
Reach Realty Group
List Price
$35,500
Sold Price
$32,000
Premium/Discount to List
-$3,500
-9.86%
Current Estimated Value
$77,390

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,390
Avg. Annual Appreciation
16.40%

Purchase Details

Closed on
Mar 16, 2017
Sold by
City Of River Rouge
Bought by
Wayne County Treasurer Of The Charter Co

Purchase Details

Closed on
Jan 27, 2017
Sold by
Greater Detroit Holdings Llc
Bought by
Fields Frank J

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
Jun 28, 2011
Sold by
The City Of River Rouge
Bought by
Massingo Brian

Purchase Details

Closed on
Jun 25, 2011
Sold by
The City Of River Rouge
Bought by
Quirouette Danielle

Purchase Details

Closed on
Dec 31, 2008
Sold by
Wojtowicz Raymond J
Bought by
Treasurer City Of River Rouge

Purchase Details

Closed on
Jan 30, 2006
Sold by
Smith Stacie and Smith Karl L
Bought by
Smith Karl L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,700
Interest Rate
9.21%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 15, 2005
Sold by
Jpmorgan Chase Bank
Bought by
Reo Acceptance Corp Ltd

Purchase Details

Closed on
Jun 10, 2004
Sold by
Griggs Jay
Bought by
Jp Morgan Chase Bank

Purchase Details

Closed on
Mar 11, 2004
Sold by
Griggs Jay
Bought by
Household Services Inc

Purchase Details

Closed on
Nov 6, 2003
Sold by
Chase Manhattan Bank
Bought by
Smith Stacie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,502
Interest Rate
8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 5, 2003
Sold by
Harwood Robert and Harwood Penny Elaine
Bought by
Griggs Jay

Purchase Details

Closed on
Mar 5, 2003
Sold by
Harwood Robert and Harwood Penny E
Bought by
Bank One Na and The First National Bank Of Chicago

Purchase Details

Closed on
Sep 12, 2002
Sold by
Smith Donell
Bought by
Chase Manhattan
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
Beard Beatrice $32,000 Tri County Title Agency Inc
Wayne County Treasurer Of The Charter Co -- None Available
Fields Frank J -- First American Title
Greater Detroit Holdings Llc $500 None Available
Massingo Brian $150 None Available
Quirouette Danielle $150 None Available
Treasurer City Of River Rouge -- None Available
Smith Karl L -- Multiple
Reo Acceptance Corp Ltd $1,000 None Available
Jp Morgan Chase Bank $60,000 --
Household Services Inc -- Great Lakes Title
Smith Stacie $49,000 Attorneys Title Agency Llc
Griggs Jay $75,000 Commonwealth Land Title
Bank One Na $35,943 --
Chase Manhattan $43,653 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Karl L $56,700
Previous Owner Smith Stacie $46,502
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2019 06/26/19 Sold $32,000 -9.9% $36 / Sq Ft
06/24/2019 06/24/19 Pending -- -- --
06/13/2019 06/13/19 For Sale $35,500 -- $40 / 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 $2,227 $34,900 $0 $0
2024 $2,227 $28,400 $0 $0
2023 $1,716 $22,400 $0 $0
2022 $2,018 $16,900 $0 $0
2021 $1,773 $13,700 $0 $0
2020 $1,037 $12,200 $0 $0
2019 $1,062 $10,500 $0 $0
2018 $1,250 $10,400 $0 $0
2017 $693 $10,900 $0 $0
2016 $1,394 $11,600 $0 $0
2015 $1,490 $14,900 $0 $0
2013 $2,650 $27,100 $0 $0
2012 $3,062 $26,500 $4,300 $22,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 219056866

Realcomp

APN: 50-010-01-0084-000