RP
Renae Palmer
Responds Quickly
Real Estate Management Specialists Inc
(313) 217-9715
107 Total Sales
1 in River Rouge
$101,000 Price
7 Florence St River Rouge, MI 48218
River Rouge AreaEstimated Value: $190,537
8
Beds
4
Baths
3,284
Sq Ft
$58/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
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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
Keethley Robert
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
$35,537
Avg. Annual Appreciation
3.61%
Original Mortgage
$155,000
Outstanding Balance
$135,066
Interest Rate
2.8%
Mortgage Type
VA
Estimated Equity
$55,471
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
Home Values in the Area
Average Home Value in this Area
Agents Specializing in River Rouge, MI
-
Renae Palmer
-
Albert Hakim
Albert Hakim
City Real Estate Group LLC
(586) 571-7854
41 Total Sales
3 in River Rouge
$30K - $64K Price Range
-
Sotero Lopez II
Sotero Lopez II
EXP Realty LLC
(586) 600-8416
162 Total Sales
7 in River Rouge
$75K - $151K Price Range
-
Nancy Rademacher
Nancy Rademacher
KW Professionals Brighton
(734) 688-8089
194 Total Sales
3 in River Rouge
$72K - $90K Price Range
-
Charles Tamou
Charles Tamou
Top Agent Realty
(947) 900-8695
346 Total Sales
1 in River Rouge
$100,000 Price
-
Kimberly Knox
Kimberly Knox
Milagro Realty Group, LLC
(586) 800-1212
29 Total Sales
2 in River Rouge
$115K - $120K Price Range
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 | ||
| 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
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 | Charley Eugene O | $155,000 | |
| Previous Owner | Guy Scott W | $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
Seller's Agent in 2020
Erik Gray
Real Estate One
(734) 915-3769
64 Total Sales
-
Valerie Zimmerman
Buyer's Agent in 2020
Valerie Zimmerman
Vantage Realty Group
(734) 818-0299
50 Total Sales
Map
Source: Realcomp
MLS Number: 2200073736
APN: 50-004-99-0018-000
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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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