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Sold for $62,500 on 07/07/23
  • $62,500

    481 Frazier St, River Rouge, MI 48218

    3beds
    1,127sqft
    Single Family Residence
    Built in 1945
    4,791.6 Square Feet Lot
    $76,800 Zestimate®
    $55/sqft
    $1,435 Estimated rent

    Home value

    $76,800

    $62,000 - $93,000

    $1,435/mo

    Zestimate® history
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    $360/mo

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    What's special

    Solid River Rouge 3 bedroom Investment home with a paying and performing Section 8 tenant that has been here for years. Managed professionally. Many improvements have been made since 2009. Nice location (between 2 parks) Easy access to I-75, Fort street, etc. Don't let this opportunity to build your portfolio pass you by. Property shown upon accepted offer only. Do not disturb tenant. Vinyl windows, doors, newer dimensional shingle roof, covered front porch, etc...

    Zillow last checked: 8 hours ago

    Listing updated: August 29, 2023 at 09:08pm

    Listed by:

    Carlo Gobba 888-501-7085,

    EXP Realty Main

    Bought with:

    Amy Dunlap, 6501400853

    EXP Realty Main

    Source: Realcomp II,MLS#: 20230045883MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • Forced Air, Natural Gas
    Features
    • Basement: Full,Unfinished
    • Has fireplace: No
    Interior area
    • Total interior livable area: 1,127 sqft
    • Finished area above ground: 1,127

    Property

    Parking
    • Total spaces: 1.5
    • Parking features: Oneand Half Car Garage, Detached
    • Garage spaces: 1.5
    Features
    • Levels: One and One Half
    • Stories: 1
    • Entry location: GroundLevel
    • Pool features: None
    Lot
    • Size: 4,791 sqft
    • Dimensions: 45.00 x 110.00
    Details
    • Parcel number: 50009030053002
    • Special conditions: Short Sale No,Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Bungalow
    • Property subtype: Single Family Residence
    Materials
    • Vinyl Siding
    • Foundation: Basement, Block
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1945
    • Major remodel year: 2009

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: River Rouge
    • Subdivision: WATERFALL SUB

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    7/7/2023Sold$62,500$55/sqft
    Source: Realcomp II #20230045883 Report a problem
    6/22/2023Pending sale$62,500$55/sqft
    Source: Realcomp II #20230045883 Report a problem
    6/8/2023Listed for sale$62,500+635.3%$55/sqft
    Source: Realcomp II #20230045883 Report a problem
    11/24/2008Sold$8,500-86%$8/sqft
    Source: MiRealSource #143949 Report a problem
    4/2/2007Sold$60,729+406.1%$54/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $32,300 +27.7%
    2024-- $25,300 +30.4%
    2023-- $19,400 +17.6%

    Find assessor info on the county website

    Neighborhood: 48218

    Nearby schools

    GreatSchools rating
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