NOT LISTED FOR SALE

7026 Rowan St Detroit, MI 48209

Southwest Detroit Neighborhood

Estimated Value: $100,000 - $166,000

6 Beds
2 Baths
2,162 Sq Ft
$64/Sq Ft Est. Value

Last Sold June 30, 2021

Last sale price $100,000 $46 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $966/month

11 Days on Market

Highlights

  • Porch
  • Cass Technical High School Rated 10
  • Forced Air Heating System

About This Home

As of June 2021

Two Family brick Home in great location, walking distance to parks, shopping, banks, and schools. Home features 6 bedrooms, 2 Bath, 2 Living Rooms, 2 Dining Rooms, and 2 Kitchens.2 car garage. Also has updated bathrooms, Stairway access to a unfinished attic that can be finished. ALL DATA & MEAS ARE APPROX AND NOT GUARANTEED. BUYER TO VERIFY ALL INFO & DATA. BUYERS PLEASE DO NOT APPROACH TENANTS PLEASE CALL TO SCEDULE A SHOWING. NO ZIP TOURS OR VIRTUAL TOURS! UPPER UNIT IS TENANT OCCUPIED AND REQUIRES 24 HR NOTICE, NO AUTHORIZED ACCESS TO THE PROPERTY BY PROSPECTIVE BUYERS WHO ARE NOT ACCOMPANIED BY AND IN THE PHYSICAL PRESENCE OF A MICHIGAN REAL ESTATE LICENSEE.!! NO LAND CONTRACT. SELLER IS LICENSED AGENT. NO MORE THAN 4 PEOPLE AT A SHOWING AT THE SAME TIME PLEASE WEAR A MASK AT ALL TIMES. LEAVE A CARD AND TURN OFF ALL LIGHTS.

Last Agent to Sell the Property

Cynthia Moreno

RE/MAX Innovation License #6501360360 Listed on: 03/18/2021

RE/MAX Innovation

Last Buyer's Agent

Cynthia Moreno

RE/MAX Innovation License #6501360360 Listed on: 03/18/2021

RE/MAX Innovation

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1927

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 30.00x120.00

Home Design

  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 2 Full Bathrooms
  • 2,162 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

Overview

  • 2 Units
  • Lovetts Subdivision

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,470

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Assessment: 340
  • Year Built: 1927
  • State Equalized Value: 23300.0000
  • Pets Allowed: Call
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 2162
  • Total Sq Ft: 2162
  • Sq Ft Total Bsmt: 2162

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block
  • Frontage Feet: 30
  • Porch Type: Porch
  • Road Frontage Type: Paved

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Schools

  • School District: Detroit

Lot Info

  • Lot Size Area: 0.08
  • Lot Dimensions: 30.00X120.00
  • Zoning: Residential

Rental Info

  • Monthly Rental Income: 500

Tax Info

  • Tax Amount Summer: 1351.0000
  • Tax Amount Winter: 119.0000
  • Total Tax: 1470.0000
  • Taxable Value: 12791.0000

Multi Family

  • Gross Scheduled Income: 12000.00
  • Number Of Units Total: 2
  • Number of Three Bedroom Units: 2
  • Number Of Units Leased: 1

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2021
Closed on
Jun 30, 2021
Sold by
Moreno Cynthina
Bought by
Diaz Ismael
Seller's Agent
Cynthia Moreno
RE/MAX Innovation
Buyer's Agent
Cynthia Moreno
RE/MAX Innovation
List Price
$114,900
Sold Price
$100,000
Premium/Discount to List
-$14,900
-12.97%
Current Estimated Value
$139,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,333
Avg. Annual Appreciation
8.13%
Original Mortgage
$85,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 18, 2021
Closed on
Jun 10, 2021
Sold by
Garza Vincent and Garza Luz M
Bought by
Moreno Cynthia
Seller's Agent
Cynthia Moreno
RE/MAX Innovation
Buyer's Agent
Cynthia Moreno
RE/MAX Innovation
List Price
$114,900
Sold Price
$100,000
Premium/Discount to List
-$14,900
-12.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 10, 2014
Sold by
Garza Vincent and Garza Luz M
Bought by
Moreno Cynthia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
4.18%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 23, 2013
Sold by
Martinez Rigoberto and Martinez Gerardo
Bought by
33Rd Llc

Purchase Details

Closed on
Mar 13, 2006
Sold by
Vasquez Orlando and Vasquez Cristina
Bought by
Garza Vincent
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Diaz Ismael $100,000 Michigan Title Ins Agcy Inc
Moreno Cynthia $35,000 Michigan Title Ins Agcy Inc
Moreno Cynthia $35,000 Michigan Title Insurance Age
Garza Vincent -- Michigan Title Insurance Age
33Rd Llc -- None Available
Garza Vincent -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Diaz Ismael $85,000
Previous Owner Moreno Cynthia $85,000
Previous Owner Moreno Cynthia $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2021 06/30/21 Sold $100,000 -13.0% $46 / Sq Ft
03/30/2021 03/30/21 Pending -- -- --
03/18/2021 03/18/21 For Sale $114,900 -- $53 / Sq Ft
Source: Realcomp

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 $2,492 $50,600 $0 $0
2024 $2,492 $42,400 $0 $0
2023 $2,668 $33,400 $0 $0
2022 $2,858 $28,800 $0 $0
2021 $1,472 $22,200 $0 $0
2020 $1,472 $23,300 $0 $0
2019 $1,451 $18,000 $0 $0
2018 $1,284 $16,800 $0 $0
2017 $228 $15,300 $0 $0
2016 $1,399 $12,500 $0 $0
2015 $1,250 $12,500 $0 $0
2013 $1,387 $13,869 $0 $0
2010 -- $19,872 $478 $19,394
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2021

    Cynthia Moreno

    RE/MAX of Southeast Michigan

    (313) 350-4804

    3 in this area

    54 Total Sales

    Cynthia Moreno
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Map

Source: Realcomp

MLS Number: 2210018147

Realcomp

APN: 18-000780

Michigan Wayne County Detroit 48209 Southwest Detroit

7026 Rowan St, Detroit, MI

This home is located at 7026 Rowan St, Detroit, MI 48209 since 18 March 2021 and is currently estimated at $139,333, approximately $64 per square foot. This property was built in 1927. 7026 Rowan St is a home located in Wayne County with nearby schools including Charles L. Spain Elementary-Middle School, Edward 'Duke' Ellington Conservatory of Music and Art, and Western International High School.

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.

Realcomp 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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