Seller's Agent in 2020
Erik Gray
Real Estate One
(734) 915-3769
71 Total Sales
7 Florence St River Rouge, MI 48218
River Rouge AreaEstimated Value: $174,000 - $261,000
8
Beds
4
Baths
3,284
Sq Ft
$62/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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 9, 2020
Closed on
Nov 23, 2020
Sold by
Bought by
Seller's Agent
Erik Gray
Real Estate One-Southgate
Buyer's Agent
Valerie Zimmerman
Vantage Realty Group
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
$49,622
Avg. Annual Appreciation
4.99%
Original Mortgage
$155,000
Outstanding Balance
$135,387
Interest Rate
2.8%
Mortgage Type
VA
Estimated Equity
$69,235
Purchase Details
Closed on
Jun 24, 2016
Sold by
Bought by
Purchase Details
Closed on
Nov 5, 2010
Sold by
Bought by
Purchase Details
Closed on
Oct 7, 2010
Sold by
Bought by
Purchase Details
Closed on
Aug 18, 2010
Sold by
Bought by
Purchase Details
Closed on
Jan 20, 2010
Sold by
Bought by
Purchase Details
Closed on
Jan 25, 2006
Sold by
Bought by
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
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $155,000 | Speedy T&E Services Llc | ||
| -- | None Available | ||
| -- | None Available | ||
| $650 | None Available | ||
| $4,000 | Title2land Llc | ||
| $28,000 | None Available | ||
| -- | Multiple |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $155,000 | ||
| Closed | $155,000 | ||
| Previous Owner | $102,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
Vantage Realty Group
(734) 818-0299
52 Total Sales
Map
Source: Realcomp
MLS Number: 2200073736
APN: 50-004-99-0018-000
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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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