NOT LISTED FOR SALE

531 Holford St River Rouge, MI 48218

Estimated Value: $51,000 - $128,000

3 Beds
1.5 Baths
1,304 Sq Ft
$67/Sq Ft Est. Value

Last Sold December 12, 2023

Last sale price $40,000 $31 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $560/month

6 Days on Market

Highlights

  • Colonial Architecture
  • 1 Car Detached Garage
  • Forced Air Heating System
  • No HOA
  • Porch

About This Home

As of December 2023

Welcome to a fantastic investment opportunity! This property, boasting 3 bedrooms and 1.5 bathrooms, is calling all investors to explore its potential. With a sold-as-is status, this home provides a blank slate for creative enhancements and improvements. Whether you're a seasoned investor or just entering the real estate market, this property holds promise for value appreciation. Don't miss the chance to capitalize on this opportunity and turn this property into a lucrative investment. Call today to unlock the possibilities that await!

Last Agent to Sell the Property

Erika Baker

Keller Williams Realty-Great Lakes License #6501370326 Listed on: 11/14/2023

Keller Williams Realty-Great Lakes

Last Buyer's Agent

Sada Hojaij

RE/MAX Team 2000 License #6501309939

RE/MAX Team 2000

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1962

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 45.00 x 118.00

Parking

  • 1 Car Detached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Stone Siding

Interior Spaces

  • 1,304 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Porch
  • Ground Level

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 50010010216000

Home Details

Home Type

Single Family

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1962
  • State Equalized Value: 31300.0000
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Room Count: 6
  • Total Bedrooms: 3
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 1304
  • Total Sq Ft: 1304
  • Sq Ft Total Bsmt: 495

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Aluminum, Brick, Stone
  • Foundation Materials: Poured
  • Frontage Feet: 45
  • Porch Type: Porch
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 1 Car
  • Garage Features: Detached
  • Garage: Yes

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: River Rouge

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.12
  • Lot Dimensions: 45.00 x 118.00
  • Parcel Number: 50010010216000

Tax Info

  • Tax Amount Summer: 1696.0000
  • Tax Amount Winter: 744.0000
  • Total Tax: 2440.0000
  • Taxable Value: 24675.0000

MLS Schools

  • School District: River Rouge

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2023
Closed on
Nov 29, 2023
Sold by
Sfr3-020 Llc
Bought by
Brar Rajinder
Seller's Agent
Erika Baker
Keller Williams Realty-Great Lakes
Buyer's Agent
Sada Hojaij
RE/MAX Team 2000
List Price
$15,000
Sold Price
$40,000
Premium/Discount to List
$25,000
166.67%
Views
210
Current Estimated Value
$87,338

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,338
Avg. Annual Appreciation
56.24%

Purchase Details

Closed on
Apr 9, 2021
Sold by
Spahi Albert and Alba Construction Inc
Bought by
Sfr3 020 Llc

Purchase Details

Closed on
Mar 28, 2014
Sold by
Adam In Genisis Llc
Bought by
Alba Construction Inc

Purchase Details

Closed on
Nov 16, 2012
Sold by
Wayne County Treasurer
Bought by
Adam In Genesis Llc
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
Brar Rajinder $40,000 None Listed On Document
Sfr3 020 Llc $18,750 Regions Title Agency Llc
Alba Construction Inc $28,000 None Available
Adam In Genesis Llc $800 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2023 12/12/23 Sold $40,000 +166.7% $31 / Sq Ft
11/20/2023 11/20/23 Pending -- -- --
11/14/2023 11/14/23 For Sale $15,000 -- $12 / 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 $2,734 $48,900 $0 $0
2024 $2,734 $39,800 $0 $0
2023 $1,696 $31,300 $0 $0
2022 $2,359 $23,500 $0 $0
2021 $1,403 $19,000 $0 $0
2020 $1,412 $17,200 $0 $0
2019 $963 $14,800 $0 $0
2018 $940 $13,200 $0 $0
2017 $882 $13,800 $0 $0
2016 $1,507 $14,700 $0 $0
2015 $1,910 $19,100 $0 $0
2013 $3,370 $35,400 $0 $0
2012 $3,742 $33,700 $4,600 $29,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20230097245

Realcomp

APN: 50-010-01-0216-000