NOT LISTED FOR SALE

906 E Rowland Ave Madison Heights, MI 48071

Estimated Value: $167,000 - $174,000

3 Beds
1 Bath
910 Sq Ft
$188/Sq Ft Est. Value

Last Sold October 16, 2020

Last sale price $120,000 $132 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $1,131/month

15 Days on Market

Highlights

  • No HOA
  • Bungalow
  • Forced Air Heating System

About This Home

As of October 2020

This lovely gem is the definition of a solid investment. First and foremost, the property is listed under current comps in the area but moreover, it's rented with a 3 year lease for $1,125 per month through August 31, 2021! Amazing tenants that always pay early. The home is in fantastic condition and well taken care of. A true hand-off turnkey investment property. Sit back, collect and relax. Full fenced yard with a 12X12 shed in the back yard. New carpet throughout and more. Investors, here is what you've been looking for. A spotless tenant ledger and a great ROI!

Last Agent to Sell the Property

Greg White

Imagine Home Realty License #6501358183 Listed on: 08/17/2020

Last Buyer's Agent

Mark Weber

KW Metro License #RCO-6501383751

KW Metro

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1953 | Remodeled in 1900

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 43.00x35.30

Home Design

  • Bungalow
  • Block Foundation
  • Vinyl Construction Material

Interior Spaces

  • 910 Sq Ft Home
  • 1.5-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Location

  • Ground Level

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Sewer in Street

Community Details

  • No Home Owners Association
  • Iler Park Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2524378012

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,230

Year Built

Built in 1953 | Remodeled in 1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Year Built: 1953
  • State Equalized Value: 33170.0000
  • Year Renovated: 1900
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Total Sq Ft: 910

Exterior Features

  • Foundation Details: Crawl
  • Construction Materials: Vinyl
  • Foundation Materials: Block
  • Road Frontage Type: Pub. Sidewalk

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Sewer at Street
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • List Price per Acre: 1199000.0000
  • Lot Size Area: 0.10
  • Lot Dimensions: 43.00X35.30
  • Parcel Number: 2524378012

Tax Info

  • Tax Amount Summer: 965.0000
  • Tax Amount Winter: 265.0000
  • Total Tax: 1230.0000
  • Taxable Value: 18040.0000

MLS Schools

  • School District: Madison (Madison Hts.)

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2020
Closed on
Oct 16, 2020
Sold by
Moffat John Claude
Bought by
Hoss Investments 906 Llc
Seller's Agent
Greg White
Imagine Home Realty
Buyer's Agent
Mark Weber
KW Metro
List Price
$119,900
Sold Price
$120,000
Premium/Discount to List
$100
0.08%
Current Estimated Value
$171,237

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,237
Avg. Annual Appreciation
7.32%
Original Mortgage
$96,000
Outstanding Balance
$85,387
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$85,850

Purchase Details

Closed on
Jun 17, 2016
Sold by
Hendricks Diane R and Hornberger Diane R
Bought by
Hendricks Diane R

Purchase Details

Closed on
Apr 12, 1996
Sold by
Balabuch Greg
Bought by
Brown Clint

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,235
Interest Rate
7.44%
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
Hoss Investments 906 Llc -- None Available
Moffat John Claude $120,000 None Available
Hendricks Diane R -- Abstract Title Agency
Brown Clint $66,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moffat John Claude $96,000
Previous Owner Brown Clint $65,235
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/16/2020 10/16/20 Sold $120,000 +0.1% $132 / Sq Ft
09/02/2020 09/02/20 Pending -- -- --
08/17/2020 08/17/20 For Sale $119,900 -- $132 / 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 $2,824 $64,880 $0 $0
2023 $2,706 $59,360 $0 $0
2022 $3,237 $54,170 $0 $0
2021 $3,142 $48,780 $0 $0
2020 $996 $36,930 $0 $0
2019 $1,230 $33,170 $0 $0
2018 $1,212 $24,490 $0 $0
2017 $1,178 $24,490 $0 $0
2016 $1,131 $22,360 $0 $0
2015 -- $19,520 $0 $0
2014 -- $17,070 $0 $0
2011 -- $22,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Greg White

    Seller's Agent in 2020

    Greg White

    Imagine Home Realty

    (313) 456-9898

    188 Total Sales

    Greg White
    Section Image

  • M

    Buyer's Agent in 2020

    Mark Weber

    KW Metro

    (248) 288-3500

    2 in this area

    8 Total Sales

    Mark Weber
    Section Image
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Map

Source: Realcomp

MLS Number: 2200066719

Realcomp

APN: 25-24-378-012

Michigan Oakland County Madison Heights 48071

906 E Rowland Ave, Madison Heights, MI

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
Copyright 2025 Realcomp II Ltd. Shareholders
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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