NOT LISTED FOR SALE

92 Walnut St River Rouge, MI 48218

Estimated Value: $126,000 - $316,000

8 Beds
4 Baths
4,030 Sq Ft
$51/Sq Ft Est. Value

Last Sold September 03, 2015

Last sale price $103,000 $26 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $1,271/month

162 Days on Market

Highlights

  • Balcony
  • Enclosed Patio or Porch
  • Garage

About This Home

As of September 2015

ALL UNITS ARE NEWLY PAINTED, ALL UNITS HAVE A SIGNED LEASE. NICE QUITE RESIDENTIAL STREET. TAXES HAVE BEEN REDUCED TO APX. $2,662.25 PER YEAR (LETTER ON FILE),WE CONSIDER ALL REASONABLE OFFERS!ALL 4 UNITS ARE NEWLY PAINTED, ALL UNITS HAVE A SIGNED LEASE. NICE QUITE RESIDENTIAL STREET. TAXES HAVE BEEN REDUCED TO APX. $2,662.25 PER YEAR (LETTER ON FILE).MONEY MAKING MACHINE, GREAT DEAL HURRY, CAP %. YOU CAN NOT BEAT IT.

Last Agent to Sell the Property

Ahmed Arafa

Century 21 Professionals Roch Hills License #6506048224 Listed on: 01/27/2015

Century 21 Professionals Roch Hills

Last Buyer's Agent

Ryan Wrathell

KW Professionals License #RCO-6501372620

KW Professionals

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • Lot Dimensions are 40x100

Home Design

  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • 4 Full Bathrooms
  • 4,030 Sq Ft Home
  • 2-Story Property
  • Basement
  • Basement Storage

Parking

  • Garage
  • On-Street Parking

Outdoor Features

  • Balcony
  • Enclosed Patio or Porch

Utilities

  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 50005110193000

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement: Yes
  • Basement Type: Private Storage Locker
  • Total Sq Ft: 4030

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Brick/Mortar
  • Porch Type: Balcony, Porch - Enclosed
  • Road Frontage Type: Paved

Garage/Parking

  • Garage: Yes
  • MF Parking: On Street, Paved

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Radiant
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Lot Info

  • Lot Dimensions: 40X100
  • Parcel Number: 50005110193000
  • Zoning: Multi-Family

Rental Info

  • Rent Includes: Trash Collection (Garbage Pickup), Heat, Water/Sewer
  • Legal Rental Certified: Yes
  • Monthly Rental Income: 2600

Tax Info

  • Tax Amount Summer: 1703.4300
  • Tax Amount Winter: 3621.0700
  • Total Tax: 5324.5000

Multi Family

  • Gross Scheduled Income: 31200.00
  • Number Of Units Total: 4

MLS Schools

  • School District: River Rouge

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2015
Closed on
Sep 2, 2015
Sold by
Romik Investments Llc
Bought by
Wenzel Kent
Seller's Agent
Ahmed Arafa
Century 21 Professionals Roch Hills
Buyer's Agent
Ryan Wrathell
KW Professionals
List Price
$122,900
Sold Price
$103,000
Premium/Discount to List
-$19,900
-16.19%
Current Estimated Value
$205,724

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,724
Avg. Annual Appreciation
6.94%
Original Mortgage
$77,250
Outstanding Balance
$30,893
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$174,831

Purchase Details

Closed on
Dec 8, 2003
Sold by
Yelovina Paul E
Bought by
Romik Investment Co Llc
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
Wenzel Kent $103,000 Century Title Agency Svcs
Romik Investment Co Llc $53,000 Minnesota Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wenzel Kent $77,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/03/2015 09/03/15 Sold $103,000 -16.2% $26 / Sq Ft
07/08/2015 07/08/15 Pending -- -- --
01/27/2015 01/27/15 For Sale $122,900 0.0% $30 / Sq Ft
01/26/2015 01/26/15 Rented $650 0.0% --
01/26/2015 01/26/15 Under Contract -- -- --
11/01/2014 11/01/14 For Rent $650 -- --
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 $2,320 $92,800 $0 $0
2024 $2,251 $78,000 $0 $0
2023 $2,145 $60,200 $0 $0
2022 $2,984 $46,000 $0 $0
2021 $2,891 $38,400 $0 $0
2020 $2,911 $31,900 $0 $0
2019 $1,984 $28,200 $0 $0
2018 $1,936 $27,200 $0 $0
2017 $1,743 $27,800 $0 $0
2016 $2,848 $28,200 $0 $0
2015 $3,175 $35,300 $0 $0
2013 $5,155 $75,100 $0 $0
2012 $4,607 $74,300 $3,600 $70,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 215007781

Realcomp

APN: 50-005-11-0193-000