NOT LISTED FOR SALE

7163 Donovan Rd Dexter, MI 48130

Estimated Value: $390,373 - $546,000

-- Bed
-- Bath
-- Sq Ft
2.03 Acres

Last Sold November 07, 2017

Last sale price $210,000

Est. 128% increase in value since last sale

Current estimated payment $2,615/month

116 Days on Market

Highlights

  • Central Air
  • Creekside Intermediate School Rated A-
  • Laundry Facilities

About This Home

As of November 2017

This home is located at 7163 Donovan Rd, Dexter, MI 48130 since 13 July 2017 and is currently estimated at $477,343. This property was built in 1967. 7163 Donovan Rd is a home located in Washtenaw County with nearby schools including Bates Elementary School, Creekside Intermediate School, and Anchor Elementary School.

Last Agent to Sell the Property

Brent Flewelling

The Charles Reinhart Company License #6506045328 Listed on: 07/13/2017

Last Buyer's Agent

Darby Kolano

The Charles Reinhart Company License #6501366696

The Charles Reinhart Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,719

Year Built

  • Built in 1967

Lot Details

  • 2.03

Parking

  • 9 Parking Spaces

Schools

  • Dexter Elementary And Middle School
  • Dexter High School

Additional Features

  • Basement Fills Entire Space Under The House
  • 2.03 Acre Lot
  • Central Air

Community Details

  • 3 Units
  • Laundry Facilities
  • Gross Income $22,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,719

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1967
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 2.03 acres
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 4719.0
  • Tax Info:Zoning3: Res
  • General Property Info:Total _pound_ Units: 3
  • Air Conditioning:Central Air: Yes
  • Substructure:Full: Yes
  • Extras:Laundry Facility: Yes
  • General Property Info Elementary School2: Dexter
  • General Property Info High School: Dexter
  • General Property Info Middle School2: Dexter
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Basement: Yes

Exterior Features

  • Construction Materials: Block
  • List Price: 240000.0

Garage/Parking

  • Total Parking Spaces: 9.0
  • General Property Info:Total Parking Spaces: 9.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes

Schools

  • Elementary School: Dexter
  • High School: Dexter
  • Middle/Junior School: Dexter

Lot Info

  • Lot Size Acres: 2.03
  • Lot Size Area: 2.03
  • Lot Dimensions: 2.03 acres
  • Lot Size Sq Ft: 88427.0
  • Zoning Description: Res
  • ResoLotSizeUnits: Acres

Multi Family

  • Gross Income: 22800.0
  • Number of Units Total: 3

Tax Info

  • Tax Annual Amount: 4719.0
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2017
Closed on
Nov 3, 2017
Sold by
Dyer David L
Bought by
Simon Sarah
Seller's Agent
Brent Flewelling
The Charles Reinhart Company
Buyer's Agent
Darby Kolano
The Charles Reinhart Company
List Price
$250,000
Sold Price
$210,000
Premium/Discount to List
-$40,000
-16%
Current Estimated Value
$478,107

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$268,107
Avg. Annual Appreciation
10.61%
Original Mortgage
$189,000
Outstanding Balance
$158,289
Interest Rate
3.83%
Mortgage Type
New Conventional
Estimated Equity
$319,054

Purchase Details

Closed on
May 17, 1995
Sold by
Newsom Phyllis Lucille
Bought by
David L Dyer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
7.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Simon Sarah $210,000 None Available
David L Dyer $123,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Simon Sarah $189,000
Previous Owner David L Dyer $95,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/07/2017 11/07/17 Sold $210,000 -16.0% --
11/06/2017 11/06/17 Pending -- -- --
07/13/2017 07/13/17 For Sale $250,000 -- --
Source: MichRIC

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 $1,320 $163,600 $0 $0
2024 $1,282 $149,500 $0 $0
2023 $1,221 $133,400 $0 $0
2022 $4,015 $115,700 $0 $0
2021 $3,903 $112,600 $0 $0
2020 $3,855 $109,700 $0 $0
2019 $3,833 $104,200 $104,200 $0
2018 $3,980 $107,800 $0 $0
2017 $4,876 $108,800 $0 $0
2016 $946 $89,049 $0 $0
2015 -- $88,783 $0 $0
2014 -- $83,200 $0 $0
2013 -- $83,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 23062890

MichRIC

APN: 03-16-300-026