NOT LISTED FOR SALE

68397 Rosewood Ln Unit Building 5 Richmond, MI 48062

Estimated Value: $125,000 - $175,000

2 Beds
1 Bath
1,035 Sq Ft
$103/mo HOA Fee

Last Sold February 07, 2024

Last sale price $160,000 $155 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $1,242/month

10 Days on Market

Highlights

  • Ranch Style House
  • Balcony
  • Ceramic Tile Flooring
  • Will L. Lee School Rated A-
  • 1 Car Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of February 2024

Why rent when you can by this absolutely stunning condo has been completed remodeled and updated. New kitchen cabinets, new bathroom, cabinets, beautiful new granite countertops. Walk-in shower, high end glass doors. Also this condo has tons of storage with a beautiful laundry room with a walk-in pantry. This unit is a one-of-a-kind and probably one of the nicest condos in the complex. Walking distance to everything.

Last Agent to Sell the Property

Robert Kluck

Professional Leasing & Sales LLC License #MISPE-6502364544 Listed on: 01/07/2024

Last Buyer's Agent

Shayla Haboosh

ICON Realty Experts, LLC License #6501428970

ICON Realty Experts, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

Year Built

  • Built in 1998

HOA Fees

  • $103 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • 1,035 Sq Ft Home
  • Ranch Style House
  • Brick Exterior Construction
  • Slab Foundation
  • Vinyl Siding

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 50-07-06-01-182-020

Community Details

Overview

  • Association fees include ground maintenance, snow removal, trash removal, maintenance structure
  • Rosewood Terrace Condo Bldg 5 Subdivision

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit
  • Breed Restrictions

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,917

Year Built

Built in 1998

Lot Details

0

HOA Fees

$103 per month

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL
  • Type: Residential
  • Type Of Property: Condominium
  • Architecture Style: Ranch
  • Structure Style: 1 Story
  • Total Tax Amount: 1917
  • Year Built: 1998
  • Mail City: Richmond
  • Unit Number Building Number: Building 5
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Bedrooms: 2
  • Bedroom 1: On Upper Floor, Dimensions: 10 x 12
  • Bedroom 1 Floor Covering: Carpet
  • Bedroom 2: On Upper Floor, Dimensions: 9 x 10
  • Bedroom 2 Floor Covering: Carpet
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Bathroom 1: Dimensions: 8 x 6, On Level: Upper, Flooring: Ceramic
  • Dining Room: On Upper Floor, Dimensions: 8 x 10
  • Dining Room Floor Covering: Carpet
  • Kitchen: On Upper Floor, Dimensions: 11 x 10
  • Kitchen Floor Covering: Ceramic
  • Laundry: On Upper Floor, Dimensions: 8 x 6
  • Laundry Room Floor Covering: Ceramic
  • Living Room: On Upper Floor, Dimensions: 15 x 12
  • Living Room Floor Covering: Carpet
  • Above Grade Finished Sq Ft: 1035
  • Total Finished Sq Ft: 1035

Exterior Features

  • Exterior: Brick, Vinyl Siding
  • Exterior Features: Exterior Balcony
  • Foundation: Slab
  • Road: Paved Street, Private Road

Garage/Parking

  • Garage: Attached Garage
  • Garage Spaces: 1
  • Parking: 2 Spaces, Garage
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water
  • Cooling: Central A/C

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Grounds, Snow Removal, Trash Removal, Maintenance Structure
  • HOA Fees: 103
  • HOA Fee Frequency: Monthly
  • Association Contact: AJ
  • Association Phone: 586-286-4068
  • Pets: Yes
  • Association Fee: Yes

Lot Info

  • Assessor Parcel Number: 50-07-06-01-182-020
  • Geo Subdivision: MI
  • Land Contract: Yes

Rental Info

  • Pets Allowed: Yes
  • Pet Restriction: Number Limit, Size Limit, Breed Restrictions

Tax Info

  • Summer Tax: Year: 2023, Amount: $1,863.00
  • Winter Tax: Year: 2022, Amount: $52.00
  • Total Tax: Amount: $1,917.00

MLS Schools

  • School District: Richmond Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2024
Closed on
Feb 7, 2024
Sold by
Ottenbacher Linda
Bought by
Matthes Nicholas and Moilanen Kelly
Seller's Agent
Robert Kluck
Professional Leasing & Sales LLC
Buyer's Agent
Shayla Haboosh
ICON Realty Experts, LLC
List Price
$160,000
Sold Price
$160,000
Views
99
Current Estimated Value
$173,195

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,195
Avg. Annual Appreciation
4.25%

Purchase Details

Closed on
Dec 30, 2022
Sold by
Phoenix Residental Rental Properties Llc
Bought by
Ottenbacher Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
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
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
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
02/07/2024 02/07/24 Sold $160,000 0.0% $155 / Sq Ft
01/07/2024 01/07/24 For Sale $160,000 -- $155 / Sq Ft
Source: Michigan Multiple Listing Service

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 $2,334 $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

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Map

Source: Michigan Multiple Listing Service

MLS Number: 50131013

Michigan Multiple Listing Service

APN: 07-06-01-182-020