NOT LISTED FOR SALE

543 Oak St Wyandotte, MI 48192

Estimated Value: $266,000 - $363,000

3 Beds
2 Baths
2,220 Sq Ft
$138/Sq Ft Est. Value

Last Sold March 16, 2021

Last sale price $160,000 $72 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $2,139/month

10 Days on Market

Highlights

  • Colonial Architecture
  • Covered Patio or Porch
  • Asbestos
  • Deck
  • Forced Air Heating System

About This Home

As of March 2021

Sears, Roebuck & Co. Kit Home: TWO (2) FREE STANDING HOMES: 543 Oak St. (built 1898 | 4 Bedroom Home) with Income Producing [3 Bedroom Home leased month-to-month] Carriage House at 541 Oak St. (approx built 1940's) with 2 car garage on Rear of Lot ~ newer vinyl windows ~ Freshly painted throughout ~ Step up in breakfast / kitchen area can easily be removed ~ situated in Downtown Wyandotte where you can shop, dine, walk, run, (play tennis across the street), enjoy a walk along the riverfront and attend all Wyandotte events ~ (Seller is Willing to Entertain Providing Concessions for Repairs) ~ Buyer/Buyer's Agent to Verify ALL DATA/MEASUREMENTS - CLICK ON THE CAMERA BENEATH THE LISTING PHOTO FOR A TOUR ~ ***DO NOT APPROACH TENANT - 24 HOURS REQUIRED. SENTRILOCK BOX only - NO CODE PROVIDED

Last Agent to Sell the Property

Tina Fisher

WEICHERT, REALTORS®-BHM Preferred License #6502364829 Listed on: 02/28/2021

WEICHERT, REALTORS®-BHM Preferred

Last Buyer's Agent

Penny Tarwacki

Real Estate One Southgate License #6502392169

Real Estate One Southgate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1898

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 52.50x140.00

Home Design

  • Colonial Architecture
  • Block Foundation
  • Asphalt Roof
  • Asbestos

Interior Spaces

  • 2 Full Bathrooms
  • 2,220 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 57015160004300

Community Details

Overview

  • 2 Units
  • Wyandotte Land Co Sub Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,607

Year Built

Built in 1898

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1898
  • State Equalized Value: 85500.0000
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Type: Unfinished
  • Sq Ft Combined: 2220
  • Total Sq Ft: 2220
  • Sq Ft Total Bsmt: 830

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Michigan Basement
  • Construction Materials: Aluminum, Asbestos
  • Foundation Materials: Block
  • Frontage Feet: 52
  • Porch Type: Deck, Porch - Covered
  • Road Frontage Type: Paved

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Sewer-Sanitary
  • Water Heater Fuel: Natural Gas
  • Water Source: Municipal Water
  • Laundry Facilities: No

Schools

  • School District: Wyandotte

Lot Info

  • List Price per Acre: 1235294.1176
  • Lot Size Area: 0.17
  • Lot Dimensions: 52.50X140.00
  • Parcel Number: 57015160004300
  • Zoning: Residential
  • Percent Homestead Exempt: Yes

Rental Info

  • Monthly Rental Income: 3200

Tax Info

  • Tax Amount Summer: 2870.0000
  • Tax Amount Winter: 737.0000
  • Total Tax: 3607.0000
  • Taxable Value: 61099.0000

Multi Family

  • Gross Scheduled Income: 38400.00
  • Number Of Units Total: 2
  • Unit Count: 2
  • Number of Four Bedroom Units: 1
  • Number of Three Bedroom Units: 1
  • Number Of Units Leased: 1

MLS Schools

  • School District: Wyandotte

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2021
Closed on
Feb 16, 2021
Sold by
Defoe Richard R
Bought by
Tarwacki Chad A
Seller's Agent
Tina Fisher
WEICHERT, REALTORS®-BHM Preferred
Buyer's Agent
Penny Tarwacki
Real Estate One Southgate
List Price
$210,000
Sold Price
$160,000
Premium/Discount to List
-$50,000
-23.81%
Current Estimated Value
$306,930

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,930
Avg. Annual Appreciation
15.18%

Purchase Details

Closed on
Apr 3, 2006
Sold by
543 Oak Llc
Bought by
Defoe E Jane and Defoe Richard

Purchase Details

Closed on
Nov 23, 2005
Sold by
Defoe E Jane and Defoe Elizabeth Jane
Bought by
543 Oak Llc

Purchase Details

Closed on
Oct 1, 2001
Sold by
Taylor Faith M
Bought by
Defoe Elizabeth J
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
Tarwacki Chad A $160,000 Minnesota Title Agency
Defoe E Jane -- None Available
543 Oak Llc -- None Available
Defoe Elizabeth J $59,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/16/2021 03/16/21 Sold $160,000 -23.8% $72 / Sq Ft
03/11/2021 03/11/21 Pending -- -- --
02/28/2021 02/28/21 For Sale $210,000 -- $95 / 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 $6,208 $135,400 $0 $0
2024 $6,208 $129,100 $0 $0
2023 $5,919 $117,000 $0 $0
2022 $7,608 $105,500 $0 $0
2021 $3,664 $100,100 $0 $0
2020 $3,614 $85,500 $0 $0
2019 $3,562 $74,400 $0 $0
2018 $2,759 $70,400 $0 $0
2017 $1,411 $70,400 $0 $0
2016 $3,435 $64,600 $0 $0
2015 $5,667 $60,000 $0 $0
2013 $5,490 $54,900 $0 $0
2012 $2,621 $57,500 $11,700 $45,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2210012967

Realcomp

APN: 57-015-16-0004-300