P
Seller's Agent in 2022
Peggy Carroll
Ace Realty LLC
(586) 727-1500
5 in this area
5 Total Sales
68397 Rosewood Ln Unit Bldg 5 Unit 20-D Richmond, MI 48062
Estimated Value: $125,000 - $175,000
2
Beds
1
Bath
1,035
Sq Ft
$73/mo
HOA Fee
Highlights
- Contemporary Architecture
- Balcony
- 1 Car Attached Garage
- Will L. Lee School Rated A-
- Porch
- Forced Air Heating and Cooling System
About This Home
As of December 2022Enjoy small town living with the ease of condo ownership. Richmond's Rosewood Terrace Condominium Community offers both. Our 2 BR, 1 car attached garage, raised ranch is what you have been looking for. Located in Richmond's most affordable condo community, with low HOA fees, Rosewood Terrace is a lovely spot to hang your hat, settle in and say "yeah, this is where I'm meant to be". Whether you work downtown Detroit, Flint or Port Huron's business districts, you are 15 minutes away to freeways, I-94 and I-69. The 23 Mile-Gratiot shopping and dining hub offer all the major retailors, movies and eateries. The "Clem", downtown Mt. Clemens, is minutes from there. Back at home, in Richmond, you can connect and enjoy the Macomb Orchard hike bike trail, whose trailhead is located in downtown Richmond. Come on over and stay awhile; you will be glad you did!! And oh, it's immediate occupancy too!
Last Agent to Sell the Property
Ace Realty LLC License #MISPE-6501284914 Listed on: 11/10/2022
Last Buyer's Agent
Robert Kluck
Professional Leasing & Sales License #6501302849
Property Details
Home Type
- Condominium
Est. Annual Taxes
Year Built
- Built in 1998
Lot Details
- Sprinkler System
HOA Fees
- $73 Monthly HOA Fees
Parking
- 1 Car Attached Garage
Home Design
- 1,035 Sq Ft Home
- Contemporary Architecture
- Raised Ranch Architecture
- Brick Exterior Construction
- Slab Foundation
- Vinyl Siding
- Vinyl Trim
Kitchen
- Oven or Range
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Outdoor Features
- Balcony
- Porch
Schools
- Will L Lee Elementary School
- Richmond Middle School
- Richmond High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Gas Water Heater
- Community Sewer or Septic
- Internet Available
Listing and Financial Details
- Assessor Parcel Number 07-06-01-182-020
Community Details
Overview
- Association fees include ground maintenance, snow removal
- Key Association Management HOA
- Rosewood Terrace Condominiums Subdivision
- Maintained Community
Pet Policy
- Limit on the number of pets
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 7, 2024
Sold by
Ottenbacher Linda
Bought by
Matthes Nicholas and Moilanen Kelly
Current Estimated Value
Purchase Details
Listed on
Nov 10, 2022
Closed on
Dec 30, 2022
Sold by
Phoenix Residental Rental Properties Llc
Bought by
Ottenbacher Linda
Seller's Agent
Peggy Carroll
Ace Realty LLC
Buyer's Agent
Robert Kluck
Professional Leasing & Sales
List Price
$133,000
Sold Price
$130,000
Premium/Discount to List
-$3,000
-2.26%
Views
26
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.83%
Original Mortgage
$104,000
Interest Rate
4.99%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 29, 2014
Sold by
Winkle Walter K
Bought by
Phoenix Residential Rental Properties Ll
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Matthes Nicholas | $160,000 | Devon Title | |
| Ottenbacher Linda | $130,000 | Ata National Title | |
| Phoenix Residential Rental Properties Ll | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Ottenbacher Linda | $104,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/30/2022 12/30/22 | Sold | $130,000 | -2.3% | $126 / Sq Ft |
| 12/13/2022 12/13/22 | Pending | -- | -- | -- |
| 11/10/2022 11/10/22 | For Sale | $133,000 | -- | $129 / Sq Ft |
Source: Michigan Multiple Listing Service
Tax History Compared to Growth
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 | $2,334 | $66,100 | $0 | $0 |
| 2024 | $2,245 | $69,000 | $0 | $0 |
| 2023 | $1,787 | $54,800 | $0 | $0 |
| 2022 | $1,787 | $49,300 | $0 | $0 |
| 2021 | $1,695 | $47,100 | $0 | $0 |
| 2020 | $1,607 | $45,400 | $0 | $0 |
| 2019 | $1,607 | $42,300 | $0 | $0 |
| 2018 | $1,574 | $32,000 | $0 | $0 |
| 2017 | $0 | $28,800 | $3,100 | $25,700 |
| 2016 | $1,494 | $28,800 | $0 | $0 |
| 2015 | -- | $28,500 | $0 | $0 |
| 2013 | $1,426 | $26,300 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
R
Buyer's Agent in 2022
Robert Kluck
Professional Leasing & Sales
Map
Source: Michigan Multiple Listing Service
MLS Number: 50095645
APN: 07-06-01-182-020
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Source MLS: MiRealSource
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