NOT LISTED FOR SALE

531 Lenoir Ave River Rouge, MI 48218

Estimated Value: $85,000 - $95,313

3 Beds
1 Bath
894 Sq Ft
$98/Sq Ft Est. Value

Last Sold July 05, 2023

Last sale price $72,000 $81 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $661/month

23 Days on Market

Highlights

  • Ranch Style House
  • 2 Car Detached Garage
  • Fenced
  • No HOA
  • Forced Air Heating System

About This Home

As of July 2023

Turn-key, brick rance, cash flowing, income property with long time, and consistent tenant. Recent updates include, new electrical panel, inside paint, furnace, ceiling fans, flooring, closet doors, bathroom, side entrance door, foundation repairs, garage door and frame repairs. Do not disturb tenant. Showing/inspection after offer acceptance. Home is city certified, and compliant.

Last Agent to Sell the Property

Jessica Juel

Arterra Luxe Collection LLC License #6501418220 Listed on: 06/08/2023

Last Buyer's Agent

Amy Dunlap

EXP Realty Main License #6501400853

EXP Realty Main

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1960

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 45.00 x 105.00
  • Fenced

Parking

  • 2 Car Detached Garage

Home Design

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Location

  • Ground Level

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Finished Basement

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 50010010132000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,451

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1960
  • State Equalized Value: 19200.0000
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Furnished - No
  • Room Count: 6
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished
  • Sq Ft Combined: 1594
  • Sq Ft Lower Floor: 700
  • Total Sq Ft: 894
  • Sq Ft Total Bsmt: 894

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: Fenced
  • Foundation Materials: Block, Poured
  • Frontage Feet: 45
  • Road Frontage Type: Paved
  • Fencing: Fenced

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Detached
  • 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: 726363.6300
  • Lot Size Area: 0.11
  • Lot Dimensions: 45.00 x 105.00
  • Parcel Number: 50010010132000

Tax Info

  • Tax Amount Summer: 993.0000
  • Tax Amount Winter: 458.0000
  • Total Tax: 1451.0000
  • Taxable Value: 14454.0000

MLS Schools

  • School District: River Rouge

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2018
Closed on
May 6, 2019
Sold by
Mauldin Kevin
Bought by
Samson Gary
Seller's Agent
Catina Willis
Next Level Realty & Investments
Buyer's Agent
Jessica Juel
Arterra Luxe Collection LLC
List Price
$39,000
Sold Price
$35,000
Premium/Discount to List
-$4,000
-10.26%
Current Estimated Value
$86,969

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,969
Avg. Annual Appreciation
16.54%
Source: Public Records

Range of Values:

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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
Samson Gary $35,000 Embassy Title Agency
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/05/2023 07/05/23 Sold $72,000 -9.9% $81 / Sq Ft
06/08/2023 06/08/23 For Sale $79,900 +128.3% $89 / Sq Ft
05/13/2019 05/13/19 Sold $35,000 -5.4% $39 / Sq Ft
05/02/2019 05/02/19 Pending -- -- --
03/29/2019 03/29/19 Price Changed $37,000 -5.1% $41 / Sq Ft
12/13/2018 12/13/18 For Sale $39,000 -- $44 / 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 $2,219 $39,600 $0 $0
2024 $2,219 $32,300 $0 $0
2023 $1,043 $25,400 $0 $0
2022 $1,451 $19,200 $0 $0
2021 $1,406 $15,600 $0 $0
2020 $1,695 $13,800 $0 $0
2019 $839 $11,900 $0 $0
2018 $819 $11,500 $0 $0
2017 $769 $12,000 $0 $0
2016 $3,180 $12,800 $0 $0
2015 $1,660 $16,600 $0 $0
2013 $2,614 $30,100 $0 $0
2012 $3,417 $29,400 $4,500 $24,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20230043489

Realcomp

APN: 50-010-01-0132-000