NOT LISTED FOR SALE

7543 Studebaker Ave Warren, MI 48091

Southwest Warren Neighborhood

Estimated Value: $71,000 - $80,000

1 Bed
1 Bath
548 Sq Ft
$136/Sq Ft Est. Value

Last Sold December 21, 2018

Last sale price $32,000 $58 Per Sq Ft

Est. 132% increase in value since last sale

Current estimated payment $570/month

53 Days on Market

Highlights

  • Ranch Style House
  • Enclosed Patio or Porch
  • Forced Air Heating System
  • No HOA

About This Home

As of December 2018

Investor special! Mint condition house in warren that is tenant occupied with long term tenant who just renewed lease for $700/m!! That is over a 14% cap rate. Tenants pays all utilities. This home is in great condition. It is within walking distance of Maybelle Burnette Library and minutes away from Groesbeck Park! Showing upon accepted offer. Subject to tenants rights. Do not miss out!

Last Agent to Sell the Property

David Lazarus

Hampton Realty Group License #6502415326 Listed on: 10/18/2018

Last Buyer's Agent

Joshua Lord

Howard Hanna Birmingham License #RCO

Howard Hanna Birmingham

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1940 | Remodeled in 2017

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 40.00x109.00

Home Design

  • 548 Sq Ft Home
  • Ranch Style House
  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Enclosed Patio or Porch

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Additional Features

  • Unfinished Basement

Community Details

  • No Home Owners Association
  • Pipers Van Dyke Sub No 4 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1333278022

Home Details

Home Type

Single Family

Est. Annual Taxes

$750

Year Built

Built in 1940 | Remodeled in 2017

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1940
  • Year Renovated: 2017
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Bedrooms: 1
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 548

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Foundation Materials: Block
  • Porch Type: Porch - Enclosed
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Window Unit(s)
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • List Price per Acre: 375000.0000
  • Lot Size Area: 0.10
  • Lot Dimensions: 40.00X109.00
  • Parcel Number: 1333278022

Tax Info

  • Tax Amount Summer: 734.0000
  • Tax Amount Winter: 16.0000
  • Total Tax: 750.0000

MLS Schools

  • School District: Van Dyke

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 24, 2023
Sold by
Beckner Ashley
Bought by
Rri Properties Ii Llc
Current Estimated Value
$74,255

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,500
Interest Rate
7.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 19, 2022
Sold by
Rri Properties I Llc
Bought by
Beckner Ashley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,500
Interest Rate
7.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 20, 2022
Sold by
Rafael Ramon
Bought by
Rri Properties I Llc

Purchase Details

Closed on
Jan 3, 2020
Sold by
Gold Coast Holding Llc
Bought by
Ramon Rafael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,500
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 18, 2018
Closed on
Dec 20, 2018
Sold by
Castillo Louis and Castillo Christina
Bought by
Gold Coast Holding Llc
Seller's Agent
David Lazarus
Hampton Realty Group
Buyer's Agent
Joshua Lord
Howard Hanna Birmingham
List Price
$39,900
Sold Price
$32,000
Premium/Discount to List
-$7,900
-19.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.84%

Purchase Details

Listed on
Jun 19, 2015
Closed on
Oct 12, 2015
Sold by
Castillo Lou and Castillo Christina
Bought by
Castillo Lou and Castillo Christina
Seller's Agent
Janine Grillo
Weichert Realtors Excel
Buyer's Agent
Frank J. Tarala, Jr.
Principal Brokers Network
List Price
$9,800
Sold Price
$10,500
Premium/Discount to List
$700
7.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.60%

Purchase Details

Listed on
Jun 19, 2015
Closed on
Aug 21, 2015
Sold by
Fannie Mae
Bought by
Castillo Louis
Seller's Agent
Janine Grillo
Weichert Realtors Excel
Buyer's Agent
Frank J. Tarala, Jr.
Principal Brokers Network
List Price
$9,800
Sold Price
$10,500
Premium/Discount to List
$700
7.14%

Purchase Details

Closed on
Oct 31, 2014
Sold by
Nibler Craig A and Citimortgage Inc
Bought by
Federal National Mortgage Association and Fannie Mae

Purchase Details

Closed on
Mar 16, 2005
Sold by
Gordon Patricia A
Bought by
Nibler Craig A

Purchase Details

Closed on
Oct 20, 2004
Sold by
Hubbard David Dean
Bought by
Gordon Patricia A
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
Rri Properties Ii Llc -- --
Beckner Ashley -- --
Beckner Ashley -- None Listed On Document
Rri Properties I Llc $52,500 Premier Title
Ramon Rafael -- Devon Title Agency
Gold Coast Holding Llc $32,000 None Available
Castillo Lou -- None Available
Castillo Louis $10,500 Best Homes Title Agency Llc
Federal National Mortgage Association $32,369 None Available
Nibler Craig A $46,000 --
Gordon Patricia A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Beckner Ashley $49,500
Previous Owner Ramon Rafael $25,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/21/2018 12/21/18 Sold $32,000 -14.7% $58 / Sq Ft
12/10/2018 12/10/18 Pending -- -- --
11/29/2018 11/29/18 Price Changed $37,500 -6.0% $68 / Sq Ft
10/18/2018 10/18/18 For Sale $39,900 +280.0% $73 / Sq Ft
08/21/2015 08/21/15 Sold $10,500 +7.1% $19 / Sq Ft View Prior Sale
07/31/2015 07/31/15 Pending -- -- --
06/19/2015 06/19/15 For Sale $9,800 -- $18 / 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 $2,173 $32,510 $0 $0
2024 $2,117 $30,150 $0 $0
2023 $1,666 $23,520 $0 $0
2022 $1,002 $19,030 $0 $0
2021 $979 $16,610 $0 $0
2020 $957 $15,310 $0 $0
2019 $932 $12,890 $0 $0
2018 $0 $10,250 $0 $0
2017 $743 $10,040 $1,920 $8,120
2016 $737 $10,040 $0 $0
2015 $362 $10,110 $0 $0
2012 -- $9,960 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2018

    David Lazarus

    Hampton Realty Group

  • Joshua Lord

    Buyer's Agent in 2018

    Joshua Lord

    Howard Hanna Birmingham

    (269) 924-8800

    25 Total Sales

    Joshua Lord
    Section Image

  • J

    Seller's Agent in 2015

    Janine Grillo

    Weichert Realtors Excel

    Section Image
  • Hank Mendez

    Seller Co-Listing Agent in 2015

    Hank Mendez

    Real Estate One Inc-Shelby

    (586) 405-3333

    4 in this area

    144 Total Sales

    Hank Mendez
    Section Image

  • F

    Buyer's Agent in 2015

    Frank J. Tarala, Jr.

    Principal Brokers Network

See All Agents

Map

Source: Realcomp

MLS Number: 218099236

Realcomp

APN: 12-13-33-278-022

Michigan Macomb County Warren 48091 Southwest Warren

7543 Studebaker Ave, Warren, MI

Not Listed for Sale

Detached

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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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