NOT LISTED FOR SALE

74 Walnut St River Rouge, MI 48218

Estimated Value: $118,000 - $145,000

5 Beds
2 Baths
2,188 Sq Ft
$62/Sq Ft Est. Value

Last Sold February 10, 2023

Last sale price $115,000 $53 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $1,017/month

76 Days on Market

Highlights

  • Colonial Architecture
  • Hot Water Heating System
  • Heating System Uses Steam
  • No HOA

About This Home

As of February 2023

Welcome home to this spacious 5 bedroom 2 bath 2188 sq ft colonial home with bonus room for a potential 6th bedroom located on a quiet and well maintained neighborhood. Newly refreshed from top to bottom and ready for new homeowner to move right in or an investor to rent out. This home features newer roof, newer windows, updated kitchen and bath, formal dining room and hardwood floors. Schedule showing with ShowingTime. Sold “as is”; BATVAI; Buyer is responsible for COO repairs. Virtual Tour Link: https://mls.kuu.la/share/collection/7vBpp?fs=1&vr=1&sd=1&initload=0&autorotate=1.09&autop=10&autopalt=1&thumbs=1&keys=0

Last Agent to Sell the Property

Kimberly Knox

Milagro Realty Group, LLC License #6501399690 Listed on: 09/07/2022

Last Buyer's Agent

Angela Buchanan

Prime Financial Plus Realty License #6501312267

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1929

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 40.00 x 100.00

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 2,188 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Unfinished Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Location

  • Ground Level

Utilities

  • Hot Water Heating System
  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • 100 Amp Service
  • Natural Gas Water Heater
  • Sewer in Street

Community Details

  • No Home Owners Association
  • River Rouge Improvement Cos Sub No 2 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50005110185000
  • $5,000 Seller Concession

Home Details

Home Type

Single Family

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Assessment: 2520.00
  • Year Built: 1929
  • State Equalized Value: 26600.0000
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: 100 Amp Service, Circuit Breakers
  • Fireplace: Yes
  • Fireplace Locations: Living Room
  • Room Count: 14
  • Total Bedrooms: 5
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 3138
  • Sq Ft Lower Floor: 950
  • Total Sq Ft: 2188
  • Sq Ft Total Bsmt: 950

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Aluminum, Brick
  • Foundation Materials: Block
  • Frontage Feet: 40
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Hot Water, Steam
  • Sewer: Sewer at Street
  • Water Heater Fuel: Natural Gas
  • Water Source: Water at Street

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: River Rouge

Lot Info

  • Lot Size Area: 0.09
  • Lot Dimensions: 40.00 x 100.00
  • Parcel Number: 50005110185000

Tax Info

  • Tax Amount Summer: 3987.0000
  • Tax Amount Winter: 665.0000
  • Total Tax: 4652.0000
  • Taxable Value: 20974.0000

MLS Schools

  • School District: River Rouge

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2022
Closed on
Feb 10, 2023
Sold by
Mars Investment Detroit Llc
Bought by
Meadows Lynne
Seller's Agent
Kimberly Knox
Milagro Realty Group, LLC
Buyer's Agent
Angela Buchanan
Prime Financial Plus Realty
List Price
$110,000
Sold Price
$115,000
Premium/Discount to List
$5,000
4.55%
Views
84
Current Estimated Value
$136,377

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,377
Avg. Annual Appreciation
9.37%
Original Mortgage
$112,917
Outstanding Balance
$109,985
Interest Rate
6.33%
Mortgage Type
FHA
Estimated Equity
$32,974

Purchase Details

Closed on
Oct 8, 2021
Sold by
Mars Investments Llc
Bought by
Mars Investments Detroit Llc

Purchase Details

Closed on
Dec 14, 2018
Sold by
Mhm Enterprises Llc
Bought by
Mars Investment Llc

Purchase Details

Closed on
Nov 10, 2015
Sold by
Treasurer Of The Charter County Of Wayne
Bought by
Greater Detroit Holdings Llc

Purchase Details

Closed on
Jul 31, 2007
Sold by
Federal Home Services Inc
Bought by
Gaiser Ursula

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
8.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 10, 2006
Sold by
Matthews Nonnie J
Bought by
Lasalle Bank Na and Asset Backed Funding Corp

Purchase Details

Closed on
Sep 7, 2001
Sold by
Ming Kenneth W
Bought by
Matthews Nonnie J
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
Meadows Lynne $115,000 --
Mars Investments Detroit Llc -- None Available
Mars Investment Llc $35,000 First American Title
Greater Detroit Holdings Llc $6,300 None Available
Gaiser Ursula $100,000 Land Owners Title Agency
Lasalle Bank Na $45,000 None Available
Matthews Nonnie J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meadows Lynne $5,274
Open Meadows Lynne $112,917
Previous Owner Gaiser Ursula $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2023 02/10/23 Sold $115,000 +4.5% $53 / Sq Ft
11/22/2022 11/22/22 Pending -- -- --
09/07/2022 09/07/22 For Sale $110,000 -- $50 / 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
2024 $3,162 $53,300 $0 $0
2023 $1,222 $41,100 $0 $0
2022 $2,183 $31,200 $0 $0
2021 $4,653 $26,600 $0 $0
2020 $2,442 $22,600 $0 $0
2019 $2,782 $20,300 $0 $0
2018 $1,514 $18,700 $0 $0
2017 $1,229 $19,100 $0 $0
2016 $2,027 $19,700 $0 $0
2015 $2,490 $24,900 $0 $0
2013 $3,890 $40,900 $0 $0
2012 $4,784 $39,700 $3,600 $36,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20221037693

Realcomp

APN: 50-005-11-0185-000