Seller's Agent in 2020
Erik Gray
Real Estate One
(734) 915-3769
1 in this area
121 Total Sales
7 Florence St River Rouge, MI 48218
Estimated Value: $167,870 - $259,000
8
Beds
4
Baths
3,284
Sq Ft
$66/Sq Ft
Est. Value
Highlights
- Porch
- Forced Air Heating System
- Ceiling Fan
About This Home
As of November 2020Fantastic and rare opportunity to purchase an excellent cash-flowing 4 unit apartment building. You can't get any better than this! Fully occupied and turn-key investment. Each apartment is metered separately with electric and gas and owner pays water. New roof on the entire building and the building is freshly painted throughout. This building is very well cared for by the owner and current tenants. Rent could be much higher than what is currently being charged. Start increasing your annual income today!
Last Agent to Sell the Property
Real Estate One-Southgate License #6501412004 Listed on: 09/09/2020
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
Year Built
- Built in 1958 | Remodeled in 2020
Lot Details
- 4,356 Sq Ft Lot
- Lot Dimensions are 119.60x36.60
Home Design
- Quadruplex
- Block Foundation
- Asphalt Roof
Interior Spaces
- 4 Full Bathrooms
- 3,284 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Basement Fills Entire Space Under The House
Parking
- Paved Parking
- Unassigned Parking
Outdoor Features
- Porch
Utilities
- Window Unit Cooling System
- Forced Air Heating System
- Heating System Uses Natural Gas
- Shared Water Meter
Listing and Financial Details
- Assessor Parcel Number 50004990018000
Community Details
Overview
- 4 Units
- Ann Vis Gers Sub Subdivision
Pet Policy
- Call for details about the types of pets allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 9, 2020
Closed on
Nov 23, 2020
Sold by
Keethley Robert
Bought by
Charley Eugene O
Seller's Agent
Erik Gray
Real Estate One-Southgate
Buyer's Agent
Valerie Zimmerman
3Sixty5 Realty
List Price
$168,000
Sold Price
$155,000
Premium/Discount to List
-$13,000
-7.74%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,218
Avg. Annual Appreciation
6.18%
Purchase Details
Closed on
Jun 24, 2016
Sold by
Nace Daniel and Nace Esther G
Bought by
Keathley Robert
Purchase Details
Closed on
Nov 5, 2010
Sold by
Home Sweet Homes Reo Inc
Bought by
Nace Daniel
Purchase Details
Closed on
Oct 7, 2010
Sold by
Reo Residential Holdings
Bought by
Home Sweet Homes Reo Inc
Purchase Details
Closed on
Aug 18, 2010
Sold by
Jpmorgan Chase Bank National Association
Bought by
Reo Residential Holdings Llc
Purchase Details
Closed on
Jan 20, 2010
Sold by
Guy Scott W
Bought by
Jpmorgan Chase Bank National Association
Purchase Details
Closed on
Jan 25, 2006
Sold by
Guy James R and Guy Susan A
Bought by
Guy Scott W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Interest Rate
10.05%
Mortgage Type
Fannie Mae Freddie Mac
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 |
|---|---|---|---|
| Charley Eugene O | $155,000 | Speedy T&E Services Llc | |
| Keathley Robert | -- | None Available | |
| Nace Daniel | -- | None Available | |
| Home Sweet Homes Reo Inc | $650 | None Available | |
| Reo Residential Holdings Llc | $4,000 | Title2land Llc | |
| Jpmorgan Chase Bank National Association | $28,000 | None Available | |
| Guy Scott W | -- | Multiple |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Guy Scott W | $102,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/23/2020 11/23/20 | Sold | $155,000 | -7.7% | $47 / Sq Ft |
| 09/21/2020 09/21/20 | Pending | -- | -- | -- |
| 09/09/2020 09/09/20 | For Sale | $168,000 | -- | $51 / Sq Ft |
Source: Realcomp
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 | $2,830 | $78,800 | $0 | $0 |
| 2024 | $2,746 | $67,400 | $0 | $0 |
| 2023 | $2,616 | $53,000 | $0 | $0 |
| 2022 | $3,639 | $41,300 | $0 | $0 |
| 2021 | $3,527 | $35,100 | $0 | $0 |
| 2020 | $1,883 | $21,700 | $0 | $0 |
| 2019 | $1,284 | $21,000 | $0 | $0 |
| 2018 | $1,342 | $17,600 | $0 | $0 |
| 2017 | $1,153 | $17,900 | $0 | $0 |
| 2016 | $4,044 | $18,500 | $0 | $0 |
| 2015 | $2,350 | $23,500 | $0 | $0 |
| 2013 | $3,720 | $39,000 | $0 | $0 |
| 2012 | $4,176 | $38,000 | $4,300 | $33,700 |
Source: Public Records
Agents Affiliated with this Home
-
Erik Gray
-
Valerie Zimmerman
Buyer's Agent in 2020
Valerie Zimmerman
3Sixty5 Realty
(734) 818-0299
1 in this area
49 Total Sales
Map
Source: Realcomp
MLS Number: 2200073736
APN: 50-004-99-0018-000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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