NOT LISTED FOR SALE

7816 Wayne Rd Romulus, MI 48174

Estimated Value: $181,000 - $224,000

2 Beds
1 Bath
1,294 Sq Ft
$151/Sq Ft Est. Value

Last Sold November 30, 2016

Last sale price $25,000 $19 Per Sq Ft

Est. 682% increase in value since last sale

Current estimated payment $1,220/month

32 Days on Market

Highlights

  • 0.78 Acre Lot
  • Jetted Tub in Primary Bathroom
  • 2 Car Detached Garage
  • Farmhouse Style Home
  • No HOA
  • Porch

About This Home

As of November 2016

Bank owned and sold “as is”. 1911 brick farm house with a large detached garage on 3/4 of an acre. The exterior of the home will need considerable attention. On the interior, the kitchen, bath and upstairs bedroom have been updated. There is a high efficiency furnace. HWH and A/C condenser are missing.

Last Agent to Sell the Property

John Greene

Berkshire Hathaway HomeServices Michigan Real Est License #6501290700 Listed on: 10/07/2016

Berkshire Hathaway HomeServices Michigan Real Est

Last Buyer's Agent

Darcy Oudeh

Signature Sotheby's International Realty Bham License #RCO

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1911

Lot Details

  • 0.78 Acre Lot
  • Lot Dimensions are 160 x 211

Parking

  • 2 Car Detached Garage

Home Design

  • Farmhouse Style Home
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 1,294 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Living Room with Fireplace
  • Unfinished Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Jetted Tub in Primary Bathroom

Eco-Friendly Details

  • Air Purifier

Outdoor Features

  • Exterior Lighting
  • Porch

Utilities

  • Humidifier
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 80029990009000

Home Details

Home Type

Single Family

Year Built

Built in 1911

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Farmhouse
  • Architecture Level: 1 1/2 Story
  • Year Built: 1911
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Air Purifier, Cable Available, High Spd Internet Avail, Humidifier, Jetted Tub
  • Fireplace: Yes
  • Fireplace Fuel: Natural
  • Fireplace Locations: Living Room
  • Room Count: 8
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 1294
  • Total Sq Ft: 1294
  • Sq Ft Total Bsmt: 1081

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: Lighting
  • Foundation Materials: Block
  • Frontage Feet: 160
  • Porch Type: Porch
  • Road Frontage Type: Paved
  • Sideof Street: W

Garage/Parking

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

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s)
  • Heating: Forced Air
  • Sewer: Septic Tank (Existing)
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Romulus

Lot Info

  • Homestead: Yes
  • List Price per Acre: 57564.1026
  • Lot Size Area: 0.78
  • Lot Dimensions: 160 x 211
  • Parcel Number: 80029990009000

Tax Info

  • Tax Amount Summer: 1388.0000
  • Tax Amount Winter: 515.0000
  • Total Tax: 1903.0000

MLS Schools

  • School District: Romulus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2016
Closed on
Nov 23, 2016
Sold by
Vice Kress Kim and Vice Presiident
Bought by
Equitable Properties Llc
Seller's Agent
John Greene
Berkshire Hathaway HomeServices Michigan Real Est
Buyer's Agent
Darcy Oudeh
Signature Sotheby's International Realty Bham
List Price
$44,900
Sold Price
$25,000
Premium/Discount to List
-$19,900
-44.32%
Current Estimated Value
$195,589

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,589
Avg. Annual Appreciation
26.00%

Purchase Details

Closed on
Dec 10, 2015
Sold by
Wands Gary T
Bought by
Comerica Bank

Purchase Details

Closed on
Nov 12, 2003
Sold by
Wands Patricia
Bought by
Wands Gary
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
Equitable Properties Llc $25,000 Title Resource Agency
Comerica Bank $80,000 Attorney
Wands Gary -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2016 11/30/16 Sold $25,000 -44.3% $19 / Sq Ft
11/08/2016 11/08/16 Pending -- -- --
10/07/2016 10/07/16 For Sale $44,900 -- $35 / 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 $2,243 $84,600 $0 $0
2024 $2,243 $81,000 $0 $0
2023 $2,137 $57,000 $0 $0
2022 $2,426 $54,600 $0 $0
2021 $2,351 $48,200 $0 $0
2020 $2,297 $50,800 $0 $0
2019 $2,269 $51,100 $0 $0
2018 $1,632 $31,700 $0 $0
2017 $1,244 $31,700 $0 $0
2016 $1,530 $31,700 $0 $0
2015 $4,010 $40,100 $0 $0
2013 $4,278 $56,100 $0 $0
2012 $1,110 $57,500 $26,300 $31,200
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    John Greene

    Berkshire Hathaway HomeServices Michigan Real Est

    Section Image

  • D

    Buyer's Agent in 2016

    Darcy Oudeh

    Signature Sotheby's International Realty Bham

See All Agents

Map

Source: Realcomp

MLS Number: 216099186

Realcomp

APN: 80-029-99-0009-000

Michigan Wayne County Romulus 48174

7816 Wayne Rd, Romulus, MI

This home is located at 7816 Wayne Rd, Romulus, MI 48174 since 07 October 2016 and is currently estimated at $195,589, approximately $151 per square foot. This property was built in 1911. 7816 Wayne Rd is a home located in Wayne County with nearby schools including Wick Elementary School, Romulus Middle School, and Romulus Senior High School.

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.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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