NOT LISTED FOR SALE

98 E Anchor St River Rouge, MI 48218

Estimated Value: $31,000 - $97,000

2 Beds
1 Bath
748 Sq Ft
$88/Sq Ft Est. Value

Last Sold September 09, 2024

Last sale price $18,000 $24 Per Sq Ft

Est. 265% increase in value since last sale

Current estimated payment $473/month

197 Days on Market

Highlights

  • Ranch Style House
  • Forced Air Heating System
  • 4-minute walk to John Jakubowski Park
  • No HOA

About This Home

As of September 2024

**Investor's Special
Are you searching for a promising project that offers limitless potential? Look no further! Nestled in the heart of River Rouge, this investor's special is waiting for a creative renovator to breathe new life into its current 2 bed, 1 bath layout.

The expansive lot provides ample open space, enclosed by a fenced-in yard, perfect for outdoor entertainment. Imagine the possibilities of turning this home into a personalized haven! With easy highway access to I-75, you'll enjoy convenient connectivity to the rest of the city. Plus, nearby parks, schools, and other amenities enhance its appeal.

Don't miss out on this rare opportunity to transform this home and create your dream living space. Act now and make this your next big project! Home is being sold AS-IS.

Last Agent to Sell the Property

Darryn Brundage-Forrest

@properties Christies Intl RE Ann Arbor License #6501437734 Listed on: 02/14/2024

@properties Christies Intl RE Ann Arbor

Last Buyer's Agent

Joseph Jackson

Keller Williams Advantage License #6501434010

Keller Williams Advantage

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1926

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 30.00 x 100.00

Parking

  • Alley Access

Home Design

  • Ranch Style House
  • Vinyl Construction Material

Interior Spaces

  • 748 Sq Ft Home
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Location

  • Ground Level

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Brownlees Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50006040104000

Home Details

Home Type

Single Family

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1926
  • State Equalized Value: 15300.0000
  • Entry Location: Ground Level w/Steps
  • AgentOnly_ListPriceByAcre: 357142.8500
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Total Sq Ft: 748

Exterior Features

  • Foundation Details: Crawl
  • Construction Materials: Vinyl
  • Road Frontage Type: Paved
  • Sideof Street: SW

Garage/Parking

  • Garage Size: No Garage
  • Garage Features: Alley Access

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal), Water at Street

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Lot Size Area: 0.07
  • Lot Dimensions: 30.00 x 100.00
  • Parcel Number: 50006040104000

Tax Info

  • Tax Amount Summer: 576.0000
  • Tax Amount Winter: 252.0000
  • Total Tax: 828.0000
  • Taxable Value: 8375.0000

MLS Schools

  • School District: River Rouge

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2024
Closed on
Sep 9, 2024
Sold by
Nubile Francisco Ramon Lezana
Bought by
Plata O Plomo Llc
Seller's Agent
Darryn Brundage-Forrest
@properties Christies Intl RE Ann Arbor
Buyer's Agent
Joseph Jackson
Keller Williams Advantage
List Price
$30,000
Sold Price
$18,000
Premium/Discount to List
-$12,000
-40%
Views
315
Current Estimated Value
$65,712

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,712
Avg. Annual Appreciation
172.86%

Purchase Details

Closed on
Jul 29, 2014
Sold by
The City Of River Rouge
Bought by
Nubile Francisco Ramon Lezana

Purchase Details

Closed on
Jul 29, 2013
Sold by
Ickthoose Ponds Llc
Bought by
The City Of River Rouge

Purchase Details

Closed on
Aug 17, 2012
Sold by
Wayne County Treasurer
Bought by
Ickthoose Ponds Llc

Purchase Details

Closed on
Nov 2, 2006
Sold by
Erdman Ryan W
Bought by
Hottle Sarah

Purchase Details

Closed on
Nov 7, 2003
Sold by
Parker Daniel W
Bought by
Erdman Ryan W

Purchase Details

Closed on
Jul 18, 2002
Sold by
Erdman Ryan W
Bought by
Parker Daniel W

Purchase Details

Closed on
Feb 28, 2002
Sold by
Altegra Credit Co
Bought by
Erdman Ryan W

Purchase Details

Closed on
Apr 11, 2001
Sold by
Osborne Tina D
Bought by
Altegra Credit Co
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
Plata O Plomo Llc $18,000 None Listed On Document
Nubile Francisco Ramon Lezana -- None Available
The City Of River Rouge -- None Available
Ickthoose Ponds Llc $620 None Available
Hottle Sarah $62,500 Land Owners Title Agency
Erdman Ryan W $20,000 --
Parker Daniel W $50,000 --
Erdman Ryan W $7,000 --
Altegra Credit Co $38,785 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/09/2024 09/09/24 Sold $18,000 -28.0% $24 / Sq Ft
08/29/2024 08/29/24 Pending -- -- --
02/15/2024 02/15/24 Price Changed $25,000 -16.7% $33 / Sq Ft
02/14/2024 02/14/24 For Sale $30,000 -- $40 / 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 $1,552 $22,600 $0 $0
2024 $604 $19,500 $0 $0
2023 $576 $15,300 $0 $0
2022 $801 $11,800 $0 $0
2021 $776 $10,100 $0 $0
2020 $781 $8,600 $0 $0
2019 $532 $7,800 $0 $0
2018 $520 $7,300 $0 $0
2017 $473 $7,400 $0 $0
2016 $779 $7,600 $0 $0
2015 $1,490 $0 $0 $0
2013 $1,490 $15,600 $0 $0
2012 $1,583 $15,300 $3,100 $12,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20240009110

Realcomp

APN: 50-006-04-0104-000