NOT LISTED FOR SALE

50 Hill St River Rouge, MI 48218

Estimated Value: $137,000 - $140,000

6 Beds
2 Baths
2,200 Sq Ft
$63/Sq Ft Est. Value

Last Sold October 18, 2023

Last sale price $130,000 $59 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,022/month

37 Days on Market

Highlights

  • Traditional Architecture
  • Awning
  • Ceiling Fan
  • Enclosed Patio or Porch
  • Forced Air Heating System
  • Private Entrance

About This Home

As of October 2023

OPPORTUNITY KNOCKS! VERY CLEAN AND SHARP DUPLEX IN A VERY CONVENIENT LOCATION! THE UPPER 3 BEDROOM UNIT HAS A NEWLY REMODELED KITCHEN WITH TONS OF NEW CABINETS, PLENTY OF NEW COUNTERTOPS, SUBWAY TILE BACKSPLASH AND LUXURY VINYL FLOORING! THE BATHROOM HAS ALSO BEEN COMPLETELY REMODELED, INCLUDING NEW TUB SURROUND, FIXTURES AND LUXURY VINYL FLOORING! PLUS, THE ENTIRE UPPER UNIT HAS JUST BEEN FRESLY PAINTED! THE LOWER UNIT ALSO HAS 3 BEDROOMS AND IS IN VERY GOOD CONDITION! EACH UNIT HAS A SEPARATE WATER HEATER, FURNACE, GAS METER AND ELECTRIC METER! THERE IS A HUGE PARKING PAD (24 X 28) THAT CAN ACCOMMODATE UP TO 3 VEHICLES FOR OFF ROAD PARKING! THERE IS ALSO A (24 X 24) PATIO FOR THE TENANTS' ENJOYMENT! THE ROOF WAS REPLACED APPROXIMATELY 3.5 YEARS AGO! LOCATED JUST A FEW BLOCKS FROM MEMORIAL PARK! LESS THAN A MILE FROM THE POLICE AND THE FIRE DEPARTMENTS! 2 VACANT LOTS NEXT DOOR ARE CURRENTLY OWNED BY THE CITY AND SHOULD BE FOR SALE! FOR ANY DETAILS ON THE VACANT LOTS CONTACT THE CITY OF RIVER ROUGE! LIVE IN ONE UNIT AND RENT OUT THE OTHER OR JUST RENT OUT BOTH UINTS! IT IS HARD TO FIND AN INCOME PROPERTY IN THIS CONDITION! THIS PROPERTY IS OCCUPIED AND MAY BE UNDER SURVEILLANCE! PLEASE DO NOT APPROACH THE PROPERTY WITHOUT AN AGENT AND AN APPOINTMENT! PREAPPROVED BUYERS ONLY PLEASE!

Last Agent to Sell the Property

Bill Kokenos

Remerica Hometown One License #6501261595 Listed on: 08/08/2023

Last Buyer's Agent

Sarah Stoner

Berkshire Hathaway HomeServices Kee Realty Browns License #6501404299

Berkshire Hathaway HomeServices Kee Realty Browns

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1924 | Remodeled in 2023

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 30.00 x 110.00
  • Private Entrance

Parking

  • 3 Parking Spaces

Home Design

  • Traditional Architecture
  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,200 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Awning
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Full Bathrooms
  • Dual Flush Toilets

Outdoor Features

  • Enclosed Patio or Porch
  • Exterior Lighting

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • 100 Amp Service
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 50004170094000

Community Details

Overview

  • 2 Units
  • Roehrig & Debo's Highland Sub River Rouge Subdivision

Amenities

  • Laundry Facilities

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,065

Year Built

Built in 1924 | Remodeled in 2023

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Upper/Lower Apartment, Traditional
  • Architecture Level: 2 Story
  • Year Built: 1924
  • State Equalized Value: 40100.0000
  • Year Renovated: 2023
  • Pets Allowed: Call
  • Special Features: NewHome
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: 100 Amp Service, Circuit Breakers, Dual-Flush Toilet(s), Laundry Facility
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished, Common
  • Total Sq Ft: 2200

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Exterior Features: Awning/Overhang(s), Lighting, Private Entry
  • Foundation Materials: Block
  • Porch Type: Porch - Enclosed, Patio, Porch
  • Road Frontage Type: Paved
  • Sideof Street: W

Garage/Parking

  • Total Parking Spaces: 3

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Window Unit(s)
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: Yes

Lot Info

  • Lot Size Area: 0.08
  • Lot Dimensions: 30.00 x 110.00
  • Parcel Number: 50004170094000
  • Zoning: Residential

Rental Info

  • Rent Includes: Water
  • Monthly Rental Income: 1800

Tax Info

  • Tax Amount Summer: 1435.0000
  • Tax Amount Winter: 630.0000
  • Total Tax: 2065.0000
  • Taxable Value: 20884.0000

Multi Family

  • Gross Scheduled Income: 21600.00
  • Number Of Units Total: 2

MLS Schools

  • School District: River Rouge

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2023
Closed on
Oct 18, 2023
Sold by
Tb And Ap Llc
Bought by
Batchev Matthew
Seller's Agent
Bill Kokenos
Remerica Hometown One
Buyer's Agent
Sarah Stoner
Berkshire Hathaway HomeServices Kee Realty Browns
List Price
$129,900
Sold Price
$130,000
Premium/Discount to List
$100
0.08%
Views
65
Current Estimated Value
$138,976

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,976
Avg. Annual Appreciation
2.98%

Purchase Details

Closed on
Nov 17, 2005
Sold by
Duda Alexander P and Duda Michelle M
Bought by
Tb & Ap Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,600
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage
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
Batchev Matthew $130,000 First American Title
Tb & Ap Llc -- First American Title Ins Co
Duda Alexander P -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Duda Alexander P $77,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/18/2023 10/18/23 Sold $130,000 +0.1% $59 / Sq Ft
09/15/2023 09/15/23 Pending -- -- --
09/12/2023 09/12/23 For Sale $129,900 0.0% $59 / Sq Ft
08/12/2023 08/12/23 Pending -- -- --
08/08/2023 08/08/23 For Sale $129,900 -- $59 / 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 $3,603 $59,200 $0 $0
2024 $2,733 $50,900 $0 $0
2023 $1,435 $40,100 $0 $0
2022 $1,996 $31,100 $0 $0
2021 $1,935 $26,500 $0 $0
2020 $1,948 $22,500 $0 $0
2019 $1,327 $20,300 $0 $0
2018 $1,296 $18,200 $0 $0
2017 $1,191 $18,600 $0 $0
2016 $1,964 $19,200 $0 $0
2015 $2,029 $24,100 $0 $0
2013 $2,084 $42,900 $0 $0
2012 $1,863 $41,600 $3,200 $38,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20230064779

Realcomp

APN: 50-004-17-0094-000