NOT LISTED FOR SALE

8087 Racine Rd Warren, MI 48093

Northeast Warren Neighborhood

Estimated Value: $263,000 - $275,010

0.13 Acre
$2,051,946 Price per Acre
5,663 Sq Ft Lot

Last Sold April 21, 2017

Last sale price $5,500 $4 Per Sq Ft

Est. 4,750% increase in value since last sale

Current estimated payment $1,778/month

261 Days on Market

About This Lot

As of April 2017

Located next to city of Warren City Hall. Also across from G.M Tech Center. Lot has large shed ( no footings).

Last Agent to Sell the Property

David W. Schultes

Keller Williams Realty Great Lakes License #MISPE-6506043386 Listed on: 07/25/2016

Keller Williams Realty Great Lakes

Last Buyer's Agent

Doug Platonas

KW Metro License #RCO-6501371237

KW Metro

Property Details

Property Type

  • Land

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 45 x 129
  • Street terminates at a dead end

Utilities

  • Gas Available at Street

Listing and Financial Details

  • Assessor Parcel Number 113-10-351-004

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: VACANT LAND
  • Type Of Property: Vacant Land / Dockominium
  • Style: Vacant Land
  • Total Tax Amount: 430
  • Total Tax Year: 2015
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage: 45
  • Roads: Paved Street

Utilities

  • Water: Public Water At Street
  • Sewer/Septic System: Public At Street
  • Fuel On Site: Gas At Street

Lot Info

  • Assessor Parcel Number: 113-10-351-004
  • Location: Dead End
  • Acreage: 0.13
  • Zoning: Residential
  • Lot Size: 45 x 129
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2015, Amount: $418.00
  • Winter Tax: Year: 2015, Amount: $12.00
  • Total Tax: Year: 2015, Amount: $430.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2016
Closed on
Nov 9, 2016
Sold by
Weidman Raymond A
Bought by
Weidman Raymond A
Seller's Agent
David W. Schultes
Keller Williams Realty Great Lakes
Buyer's Agent
Christopher Waring
Real Living Kee Realty-New Baltimore
List Price
$132,900
Sold Price
$115,000
Premium/Discount to List
-$17,900
-13.47%
Current Estimated Value
$266,753

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,753
Avg. Annual Appreciation
9.75%

Purchase Details

Listed on
Jul 25, 2016
Closed on
Oct 14, 2016
Sold by
Weidman Raymond A
Bought by
Sablu Mohammed L
Seller's Agent
David W. Schultes
Keller Williams Realty Great Lakes
Buyer's Agent
Christopher Waring
Real Living Kee Realty-New Baltimore
List Price
$132,900
Sold Price
$115,000
Premium/Discount to List
-$17,900
-13.47%

Purchase Details

Closed on
Oct 22, 2003
Sold by
Weidman Raymond A and Weidman David R
Bought by
Weidman Raymond A and Weidman David R
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
Weidman Raymond A -- None Available
Sablu Mohammed L $115,000 None Available
Weidman Raymond A -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/21/2017 04/21/17 Sold $5,500 -72.5% $4 / Sq Ft
04/12/2017 04/12/17 Pending -- -- --
07/25/2016 07/25/16 For Sale $20,000 -- $14 / Sq Ft
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 $4,580 $128,600 $0 $0
2024 $4,451 $122,680 $0 $0
2023 $4,219 $115,670 $0 $0
2022 $4,076 $99,910 $0 $0
2021 $4,148 $92,260 $0 $0
2020 $4,000 $85,010 $0 $0
2019 $3,856 $80,970 $0 $0
2018 $0 $69,370 $0 $0
2017 $3,867 $61,500 $15,750 $45,750
2016 $2,920 $61,500 $0 $0
2015 -- $60,000 $0 $0
2012 -- $51,120 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • David W. Schultes

    Seller's Agent in 2017

    David W. Schultes

    Keller Williams Realty Great Lakes

    (586) 942-2428

    1 in this area

    15 Total Sales

    David W. Schultes
    Section Image
  • Doug Platonas

    Buyer's Agent in 2017

    Doug Platonas

    KW Metro

    (248) 730-5568

    4 in this area

    201 Total Sales

    Doug Platonas
    Section Image
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Map

Source: Michigan Multiple Listing Service

MLS Number: 31298374

Michigan Multiple Listing Service

APN: 12-13-10-351-005

Michigan Macomb County Warren 48093 Northeast Warren

8087 Racine Rd, Warren, MI

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Michigan Multiple Listing Service Source MLS: MiRealSource
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