NOT LISTED FOR SALE

7308 Wayne Rd Romulus, MI 48174

Estimated Value: $220,000 - $248,501

3 Beds
1.5 Baths
1,647 Sq Ft
$139/Sq Ft Est. Value

Last Sold October 21, 2024

Last sale price $213,000 $129 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,351/month

91 Days on Market

Highlights

  • 0.45 Acre Lot
  • No HOA
  • Porch
  • Cape Cod Architecture
  • 2 Car Detached Garage
  • Hot Water Heating System

About This Home

As of October 2024

SUPER LAND CONTRACT TERM S15K DOWN,1450 PI,8%,6 YR BALLOON,BUILT IN 1926,ALMOST 100 YRS OLD,THAT OLD WORLD CHARM ABOUNDS,MANY UPDATES INCLUDING KITCHEN,BATH,PAINT,BOILER,100 AMP SERVICE,HUGE ALMOST 1/2 ACRE LOT,2 CAR BRICK GARAGE,1ST FLR LAUNDRY,ADAMA.

Last Agent to Sell the Property

Donald Castelli

Century 21 Professionals Clarkston License #6501123799 Listed on: 07/17/2024

Century 21 Professionals Clarkston

Last Buyer's Agent

Anthony Edmonson

National Realty Centers, Inc License #6501411750

National Realty Centers, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1926

Lot Details

  • 0.45 Acre Lot
  • Lot Dimensions are 66.00 x 297.00

Parking

  • 2 Car Detached Garage

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 1,647 Sq Ft Home
  • 1.5-Story Property
  • Living Room with Fireplace
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Porch
  • Ground Level

Community Details

  • No Home Owners Association
  • Supervisors Romulus Plat No 7 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 80034020115000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,823

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Cape Cod
  • Architecture Level: 1 1/2 Story
  • Year Built: 1926
  • State Equalized Value: 51300.0000
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Fireplace: Yes
  • Fireplace Locations: Living Room
  • Total Bedrooms: 3
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Partially Finished
  • Total Sq Ft: 1647

Exterior Features

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

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Detached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Hot Water
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.45
  • Lot Dimensions: 66.00 x 297.00
  • Parcel Number: 80034020115000

Rental Info

  • Deposit Amount: 15000.00

Tax Info

  • Tax Amount Summer: 1463.0000
  • Tax Amount Winter: 360.0000
  • Total Tax: 1823.0000
  • Taxable Value: 31720.0000

MLS Schools

  • School District: Romulus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2024
Closed on
Oct 21, 2024
Sold by
Homes In Wayne Llc
Bought by
Banwaree Maria
Seller's Agent
Donald Castelli
Century 21 Professionals Clarkston
Buyer's Agent
Anthony Edmonson
National Realty Centers, Inc
List Price
$259,900
Sold Price
$213,000
Premium/Discount to List
-$46,900
-18.05%
Views
60
Current Estimated Value
$228,625

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,625
Avg. Annual Appreciation
7.34%

Purchase Details

Closed on
Jun 13, 2024
Sold by
Gorman Vernon and Mcghee Lawanda
Bought by
Homes In Oakland Llc

Purchase Details

Listed on
Jul 6, 2023
Closed on
Aug 29, 2023
Sold by
Homes In Wayne Llc
Bought by
Homes In Oakland Llc
Seller's Agent
Donald Castelli
Century 21 Professionals Clarkston
Buyer's Agent
Michael Smith
Keller Williams Realty Central
List Price
$239,900
Sold Price
$214,900
Premium/Discount to List
-$25,000
-10.42%
Views
202

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.94%

Purchase Details

Closed on
Feb 24, 2022
Sold by
Lashana Cooper La
Bought by
Hp Foreclosure Solution Llc

Purchase Details

Closed on
Jun 20, 2013
Sold by
Barnes Floyd
Bought by
Barnes Gloria C
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Banwaree Maria -- None Listed On Document
Homes In Oakland Llc $1,000 None Listed On Document
Homes In Oakland Llc -- Tri County Title
Homes In Oakland Llc -- Tri County Title
Hp Foreclosure Solution Llc $99,017 None Listed On Document
Barnes Gloria C -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/21/2024 10/21/24 Sold $213,000 -4.0% $129 / Sq Ft
10/16/2024 10/16/24 Pending -- -- --
09/27/2024 09/27/24 Price Changed $221,900 -2.6% $135 / Sq Ft
09/04/2024 09/04/24 Price Changed $227,900 -5.0% $138 / Sq Ft
08/12/2024 08/12/24 Price Changed $239,900 -4.8% $146 / Sq Ft
07/31/2024 07/31/24 Price Changed $251,900 -3.1% $153 / Sq Ft
07/17/2024 07/17/24 For Sale $259,900 +20.9% $158 / Sq Ft
08/31/2023 08/31/23 Sold $214,900 -4.4% $130 / Sq Ft View Prior Sale
08/23/2023 08/23/23 Pending -- -- --
07/25/2023 07/25/23 Price Changed $224,900 -4.7% $137 / Sq Ft
07/17/2023 07/17/23 Price Changed $235,900 -1.7% $143 / Sq Ft
07/06/2023 07/06/23 For Sale $239,900 +84.5% $146 / Sq Ft
04/12/2023 04/12/23 Sold $130,000 +0.8% $79 / Sq Ft View Prior Sale
04/02/2023 04/02/23 Pending -- -- --
03/31/2023 03/31/23 For Sale $129,000 0.0% $78 / Sq Ft
03/20/2023 03/20/23 Pending -- -- --
03/15/2023 03/15/23 For Sale $129,000 -- $78 / 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 $1,822 $97,600 $0 $0
2024 $1,822 $70,400 $0 $0
2023 $1,386 $51,300 $0 $0
2022 $1,720 $48,900 $0 $0
2021 $1,664 $42,700 $0 $0
2020 $1,624 $44,500 $0 $0
2019 $1,527 $44,300 $0 $0
2018 $984 $26,500 $0 $0
2017 $765 $26,400 $0 $0
2016 $1,344 $26,800 $0 $0
2015 $3,470 $34,700 $0 $0
2013 $3,670 $36,700 $0 $0
2012 $1,033 $36,400 $8,100 $28,300
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 20240051552

Realcomp

APN: 80-034-02-0115-000