NOT LISTED FOR SALE

516 Lenoir Ave River Rouge, MI 48218

Estimated Value: $76,000 - $130,000

3 Beds
1.5 Baths
1,056 Sq Ft
$99/Sq Ft Est. Value

Last Sold March 28, 2016

Last sale price $14,500 $14 Per Sq Ft

Est. 616% increase in value since last sale

Current estimated payment $660/month

64 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Forced Air Heating System
  • Corner Lot
  • 2 Car Attached Garage
  • Fenced

About This Home

As of March 2016

Wow, great investment to own ranch style, brick exterior with 2 car attached garage. Property features 3 bedrooms, partially finished basement. All measurements and sizes are approximate but not guaranteed. Purchaser(s) and Agent Electronic Signatures are NOT permitted per VA, Listing agent title company to hold EMD no exceptions, buyer agent to order final water bill. Property was built prior to 1978 and lead based paint potentially exists.

Last Agent to Sell the Property

Manny Hammoud

Elegant Homes Realty License #6502365323 Listed on: 01/07/2016

Last Buyer's Agent

Deborah Wass

ERA Prime Real Estate Group License #6501349789

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1960

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 44.00x105.35
  • Fenced
  • Corner Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • 1,056 Sq Ft Home
  • Partially Finished Basement
  • Interior Basement Entry

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 50010010164000

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: 7
  • Total Bedrooms: 3
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Interior Entry (Interior Access), Partially Finished
  • Sq Ft Combined: 1456
  • Sq Ft Lower Floor: 400
  • Total Sq Ft: 1056
  • Sq Ft Total Bsmt: 894

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: Fenced
  • Foundation Materials: Brick/Mortar
  • Frontage Feet: 44
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Attached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • 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: 140909.0909
  • Lot Features: Corner Lot
  • Lot Size Area: 0.11
  • Lot Dimensions: 44.00X105.35
  • Parcel Number: 50010010164000

Tax Info

  • Tax Amount Summer: 1367.0000
  • Tax Amount Winter: 992.0000
  • Total Tax: 2359.0000

MLS Schools

  • School District: River Rouge

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 7, 2020
Sold by
Dynamic Duo Development Llc
Bought by
Nxt Gen Properties Llc
Current Estimated Value
$103,864

Purchase Details

Listed on
Jan 7, 2016
Closed on
Mar 23, 2016
Sold by
Secretary Of Veterans Affairs
Bought by
Dynamic Duo Development Llc
Seller's Agent
Manny Hammoud
Elegant Homes Realty
Buyer's Agent
Deborah Wass
ERA Prime Real Estate Group
List Price
$15,500
Sold Price
$14,500
Premium/Discount to List
-$1,000
-6.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.85%

Purchase Details

Closed on
Nov 18, 2015
Sold by
M & T Bank
Bought by
Secretary Of Veterans Affairs

Purchase Details

Closed on
Oct 29, 2015
Sold by
Daniels Willie J and Daniels Arlyn A
Bought by
Lakeview Loan Servicing Llc

Purchase Details

Closed on
Jan 4, 2008
Sold by
Reid Richard A and Reid Brenda L
Bought by
Daniels Willie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,720
Interest Rate
5.95%
Mortgage Type
VA

Purchase Details

Closed on
Feb 3, 2005
Sold by
Standard Federal Bank
Bought by
Va

Purchase Details

Closed on
Jan 12, 2005
Sold by
Pittman Horace L and Pittman Nancy
Bought by
Standard Federal Bank
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
Nxt Gen Properties Llc -- None Available
Dynamic Duo Development Llc $14,500 Attorney
Secretary Of Veterans Affairs -- Attorney
Lakeview Loan Servicing Llc $7,655 Attorney
Daniels Willie J $80,000 Complete Title Services Of S
Va -- --
Standard Federal Bank $70,318 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Daniels Willie J $81,720
Previous Owner Reid Richard A $10,000
Previous Owner Reid Richard A $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2016 03/28/16 Sold $14,500 -6.5% $14 / Sq Ft
03/11/2016 03/11/16 Pending -- -- --
01/07/2016 01/07/16 For Sale $15,500 -- $15 / 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 $1,101 $47,300 $0 $0
2024 $1,101 $38,500 $0 $0
2023 $1,049 $30,300 $0 $0
2022 $1,459 $22,700 $0 $0
2021 $1,414 $18,400 $0 $0
2020 $1,423 $16,400 $0 $0
2019 $970 $14,100 $0 $0
2018 $947 $13,300 $0 $0
2017 $895 $14,000 $0 $0
2016 $1,528 $14,900 $0 $0
2015 $1,950 $19,500 $0 $0
2013 $3,410 $35,000 $0 $0
2012 $3,985 $34,100 $4,400 $29,700
Source: Public Records

Agents Affiliated with this Home

  • Manny Hammoud

    Seller's Agent in 2016

    Manny Hammoud

    Elegant Homes Realty

    (313) 550-3343

    1 in this area

    57 Total Sales

    Section Image
  • Deborah Wass

    Buyer's Agent in 2016

    Deborah Wass

    ERA Prime Real Estate Group

    (734) 218-4751

    1 in this area

    123 Total Sales

    Section Image
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Map

Source: Realcomp

MLS Number: 216002221

Realcomp

APN: 50-010-01-0164-000

Michigan Wayne County River Rouge 48218

516 Lenoir Ave, River Rouge, MI

This home is located at 516 Lenoir Ave, River Rouge, MI 48218 since 07 January 2016 and is currently estimated at $104,983, approximately $99 per square foot. This property was built in 1960. 516 Lenoir Ave is a home located in Wayne County with nearby schools including Ann Visger K-5 Preparatory Academy.

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Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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