NOT LISTED FOR SALE

7124 Reber Dr Unit 7126 Shelby Township, MI 48317

Estimated Value: $320,868 - $358,000

6 Beds
2 Baths
1,850 Sq Ft
$183/Sq Ft Est. Value

Last Sold May 30, 2018

Last sale price $235,000 $127 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $2,420/month

10 Days on Market

Highlights

  • Porch
  • Patio
  • Forced Air Heating and Cooling System
  • Eppler Junior High School Rated A-
  • 1-Story Property

About This Home

As of May 2018

Rare Investor Opportunity! Well located brick ranch duplex just blocks from Wiley Elementary, Utica High School and Eppler Middle School and a short distance from downtown Utica, Van Dyke Rd shopping and Hall Rd freeway access. Each unit features 3 bedrooms, original oak hardwood flooring, 1 full bathroom, coved ceilings, kitchen with all appliances, laundry room, driveway, patio and deep backyard! West unit is ready for your tenant and has just received fresh paint, carpet, hardware, bath update and kitchen appliances. East unit has a long time tenant currently on a month to month lease. Market rental rates will support $950-1050 per month! East unit will only be shown after an offer has been accepted. Buyer or Buyer's agent to verify all information.

Last Agent to Sell the Property

Kevin Baird

Real Estate One-Troy License #6501329474 Listed on: 04/11/2018

Real Estate One-Troy

Last Buyer's Agent

Brian Luck

License #6506044231

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1960

Lot Details

  • 0.57 Acre Lot
  • Lot Dimensions are 82x331

Home Design

  • Duplex
  • Brick Exterior Construction
  • Block Foundation
  • Slab Foundation
  • Asphalt Roof

Interior Spaces

  • 2 Full Bathrooms
  • 1,850 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Outdoor Features

  • Patio
  • Porch

Utilities

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

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 0728403004

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,194

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 1 Story
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Sq Ft Combined: 1850
  • Total Sq Ft: 1850

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Crawl, Slab
  • Construction Materials: Brick
  • Foundation Materials: Block
  • Frontage Feet: 82
  • Porch Type: Patio, Porch
  • Road Frontage Type: Paved

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Septic Tank (Existing)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Schools

  • School District: Utica

Lot Info

  • List Price per Acre: 403333.3333
  • Lot Size Area: 0.57
  • Lot Dimensions: 82x331
  • Parcel Number: 0728403004
  • Zoning: Residential

Rental Info

  • Rent Includes: Association Fee
  • Monthly Rental Income: 1900

Tax Info

  • Tax Amount Summer: 1737.0000
  • Tax Amount Winter: 1457.0000
  • Total Tax: 3194.0000

Multi Family

  • Gross Scheduled Income: 22800.00
  • Number Of Units Total: 2
  • Unit Count: 2
  • Number of Three Bedroom Units: 2
  • Number Of Units Leased: 1

MLS Schools

  • School District: Utica

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 4, 2022
Sold by
Michelle Gharib
Bought by
Gharib Family Trust
Current Estimated Value
$339,467

Purchase Details

Closed on
Jan 29, 2021
Sold by
Derocco Jeff and Derocco Jeffrey B
Bought by
Abro Joseph and Gharib Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,272
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 11, 2018
Closed on
May 30, 2018
Sold by
Jg And Sons No 5 L L C
Bought by
Derocco Jeff
Seller's Agent
Kevin Baird
Real Estate One-Troy
Buyer's Agent
Brian Luck
List Price
$229,900
Sold Price
$235,000
Premium/Discount to List
$5,100
2.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.76%
Original Mortgage
$230,743
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 7, 2006
Sold by
Monica Bansal Sumit and Monica Dhamanakar
Bought by
Jg & Sons #5 Llc

Purchase Details

Closed on
Nov 17, 2004
Sold by
Bansal Sumit and Dhamankar Monica
Bought by
Jg & Sons #5 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
5.12%
Mortgage Type
Unknown

Purchase Details

Closed on
May 7, 2003
Sold by
J & M Apartments
Bought by
Knox Darryl T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,200
Interest Rate
5.95%
Mortgage Type
Unknown
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
Gharib Family Trust -- None Listed On Document
Abro Joseph -- None Listed On Document
Abro Joseph $245,700 Devon Title Agency
Derocco Jeff $235,000 First American Title Insuran
Jg & Sons #5 Llc -- Bbc Title Agency Llc
Jg & Sons #5 Llc -- First American Title Ins Co
Bansal Sumit $205,000 Manzo Title Company
Knox Darryl T $191,500 American Titleworks
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Abro Joseph $214,272
Previous Owner Derocco Jeff $230,743
Previous Owner Bansal Sumit $164,000
Previous Owner Bansal Sumit $41,000
Previous Owner Knox Darryl T $153,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2018 05/30/18 Sold $235,000 +2.2% $127 / Sq Ft
04/21/2018 04/21/18 Pending -- -- --
04/11/2018 04/11/18 For Sale $229,900 -- $124 / 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 $6,733 $154,300 $0 $0
2024 $3,693 $143,500 $0 $0
2023 $3,504 $130,300 $0 $0
2022 $4,806 $123,100 $0 $0
2021 $3,778 $111,500 $0 $0
2020 $2,140 $103,700 $0 $0
2019 $4,655 $93,100 $0 $0
2018 $3,113 $90,400 $0 $0
2017 $3,388 $83,550 $29,450 $54,100
2016 $3,189 $83,550 $0 $0
2015 $3,154 $74,500 $0 $0
2013 $5,146 $66,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kevin Baird

    Seller's Agent in 2018

    Kevin Baird

    Real Estate One

    (248) 709-2792

    1 in this area

    54 Total Sales

    Section Image
  • Brian Luck

    Buyer's Agent in 2018

    Brian Luck

    (586) 770-4827

    4 in this area

    93 Total Sales

    Section Image
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Map

Source: Realcomp

MLS Number: 218030059

Realcomp

APN: 23-07-28-403-004

Michigan Macomb County Shelby Township 48317

7124 Reber Dr Unit 7126, Shelby Township, MI

This home is located at 7124 Reber Dr Unit 7126, Shelby Township, MI 48317 since 11 April 2018 and is currently estimated at $339,467, approximately $183 per square foot. This property was built in 1960. 7124 Reber Dr Unit 7126 is a home located in Macomb County with nearby schools including Wiley Elementary School, Eppler Junior High School, and Utica High School.

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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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