NOT LISTED FOR SALE

7243 Timken Ave Warren, MI 48091

Southwest Warren Neighborhood

Estimated Value: $170,000 - $209,000

4 Beds
2 Baths
1,500 Sq Ft
$127/Sq Ft Est. Value

Last Sold April 23, 2020

Last sale price $138,040 $92 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $1,365/month

10 Days on Market

Highlights

  • Ranch Style House
  • Fenced Yard
  • Patio
  • Wood Flooring
  • Porch
  • Living Room

About This Home

As of April 2020

Great Investment Opportunity, Better than the Stock Market. This is a 2 family Duplex 7243/7251 Timken. Both units are laid out the same. Fresh paint, updated kitchen, new furnace. All vinyl windows. Nice front porch. Large back yard. 7243 is occupied with a long term tenant paying $700. 7251 is vacant. These will rent out for $750 each side easily. Rental Certificate in place.

Last Agent to Sell the Property

Bradford Lack

Berkshire Hathaway HomeServices Kee Realty SCS License #MISPE-6501313289 Listed on: 03/13/2020

Berkshire Hathaway HomeServices Kee Realty SCS

Co-Listed By

David Izaguirre

Berkshire Hathaway HomeServices Kee Realty SCS License #MISPE-6501417374

Last Buyer's Agent

Andrew Davis

Keller Williams Legacy License #6501423821

Keller Williams Legacy

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1953

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 70x108
  • Fenced Yard

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • Living Room
  • Basement
  • Block Basement Construction
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Patio
  • Porch

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Electric Water Heater

Community Details

  • 2 Units
  • Poleski Van Dyke Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 12-13-28-429-017

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,161

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: MULTIFAMILY
  • Type: Duplex
  • Type Of Property: Multi-Family
  • Structure Style: 1 Story
  • Styles: Ranch
  • Total Tax Amount: 2161
  • Total Tax Year: 2019
  • Year Built: 1953
  • Mail City: Warren
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Interior Amenities: Ceramic Floors, Hardwood Floors
  • Appliances: Disposal
  • Basement: Yes
  • Basement Type: Block
  • Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Dining Kitchen: Eat-In Kitchen
  • Sub Room Description: Living Room
  • Source of Sq Ft: Estimated
  • Estimated Sq Ft: 1500

Exterior Features

  • Construction: Brick
  • Exterior Features: Fenced Yard, Patio, Porch, Sidewalks
  • Frontage: 70
  • Foundation Type: Basement

Garage/Parking

  • Parking: On Street

Utilities

  • Water: Public Water At Street
  • Water Heater: Electric
  • Fuel Type: Natural Gas
  • Heating System: Forced Air
  • Separate Electric: Yes
  • Separate Gas: Yes
  • Separate Heat: Yes
  • Sewer/Septic System: Public At Street

Lot Info

  • Assessor Parcel Number: 12-13-28-429-017
  • Lot Dimensions: 70x108
  • Acreage: 0.17
  • Zoning: Residential
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2019, Amount: $2,161.00
  • Winter Tax: Year: 2019, Amount: $46.00
  • Taxable Value: 29900
  • Total Tax: Year: 2019, Amount: $2,161.00
  • SEV Year: 2019

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Van Dyke Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2020
Closed on
Apr 23, 2020
Sold by
Blevins Company Holdings Llc
Bought by
Royal Jovaun
Seller's Agent
Bradford Lack
Berkshire Hathaway HomeServices Kee Realty SCS
Buyer's Agent
Andrew Davis
Keller Williams Legacy
List Price
$136,000
Sold Price
$138,040
Premium/Discount to List
$2,040
1.5%
Current Estimated Value
$190,698

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,658
Avg. Annual Appreciation
6.13%
Original Mortgage
$135,539
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 29, 2005
Sold by
Blevins Thomas J and Blevins Lorraine J
Bought by
Blevins Co Holdings Llc

Purchase Details

Closed on
Mar 28, 2005
Sold by
Tadros Reda and Tadros Reda F
Bought by
Blevins Thomas J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,700
Interest Rate
6.06%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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Average Value
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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
Royal Jovaun $138,040 Premier Title Agency Llc
Blevins Co Holdings Llc -- --
Blevins Thomas J $130,000 Title One Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Blevins Thomas J $102,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2020 04/23/20 Sold $138,040 +1.5% $92 / Sq Ft
03/23/2020 03/23/20 Pending -- -- --
03/13/2020 03/13/20 For Sale $136,000 0.0% $91 / Sq Ft
02/22/2016 02/22/16 Rented $700 0.0% --
02/22/2016 02/22/16 Under Contract -- -- --
02/19/2016 02/19/16 For Rent $700 -- --
Source: Michigan Multiple Listing Service

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 $4,249 $86,410 $0 $0
2024 $4,146 $94,070 $0 $0
2023 $3,988 $72,800 $0 $0
2022 $3,924 $63,070 $0 $0
2021 $3,837 $59,540 $0 $0
2020 $1,943 $56,620 $0 $0
2019 $2,161 $54,490 $0 $0
2018 $2,134 $43,640 $0 $0
2017 $2,099 $35,850 $4,470 $31,380
2016 $2,082 $35,850 $0 $0
2015 -- $35,130 $0 $0
2013 $1,872 $27,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Bradford Lack

    Seller's Agent in 2020

    Bradford Lack

    Berkshire Hathaway HomeServices Kee Realty SCS

    (313) 318-2569

    7 in this area

    241 Total Sales

    Bradford Lack
    Section Image
  • David Izaguirre

    Seller Co-Listing Agent in 2020

    David Izaguirre

    Berkshire Hathaway HomeServices Kee Realty SCS

    (586) 879-9850

    7 in this area

    235 Total Sales

    David Izaguirre
    Section Image

  • A

    Buyer's Agent in 2020

    Andrew Davis

    Keller Williams Legacy

    (313) 573-9582

    6 Total Sales

    Andrew Davis
    Section Image

  • R

    Seller Co-Listing Agent in 2016

    Rachela Lack

    Berkshire Hathaway HomeServices Kee Realty Roch

  • K

    Buyer's Agent in 2016

    Kari Basacchi

    RE/MAX

    Section Image
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Map

Source: Michigan Multiple Listing Service

MLS Number: 50008181

Michigan Multiple Listing Service

APN: 12-13-28-429-017

Michigan Macomb County Warren 48091 Southwest Warren

7243 Timken Ave, Warren, MI

This home is located at 7243 Timken Ave, Warren, MI 48091 since 13 March 2020 and is currently estimated at $190,698, approximately $127 per square foot. This property was built in 1953. 7243 Timken Ave is a home located in Macomb County with nearby schools including Lincoln Middle School, Lincoln High School, and Center Line Preparatory Academy.

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.

Michigan Multiple Listing Service Source MLS: MiRealSource
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