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Sold for $62,000
  • Zestimate®
    $62,000

    54 Walnut St, River Rouge, MI 48218

    2beds
    960sqft
    Single Family Residence
    Built in 1929
    5,227 Square Feet Lot
    $62,000 Zestimate®
    $65/sqft
    $1,096 Estimated rent

    Home value

    $62,000

    $58,000 - $66,000

    $1,096/mo

    Zestimate® history
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    What's special

    Welcome to 54 Walnut Street in River Rouge! This well-maintained 2-bedroom, 1-bath home offers approximately 960 square feet of comfortable living space on a generously sized lot with plenty of room to enjoy the outdoors. The home features numerous recent upgrades that provide peace of mind for the next owner, including a brand-new HVAC system installed in 2025, new insulation installed in 2025 backed by a 25-year warranty, and a new smart oven added in 2025. The water heater, washer, and dryer are all approximately four years old, while the refrigerator was replaced in 2017. Additional improvements include updated plumbing fixtures throughout the home. The property has also successfully passed both the City of River Rouge HVAC inspection and electrical inspection in 2026, offering added confidence in the home's condition. Whether you're a first-time homebuyer, looking to downsize, or searching for an investment opportunity, this move-in-ready home combines important mechanical updates with a functional layout and a spacious yard that's perfect for entertaining, gardening, or future possibilities.

    Zillow last checked:

    Listing updated:

    Listed by:

    Ronald E Fox 734-626-0478,

    Downriver Homes LLC,

    Malory Burkhalter 734-626-0478,

    Downriver Homes LLC

    Bought with:

    Chris W Murphy, 6501322055

    RE/MAX Leading Edge

    Source: Realcomp II,MLS#: 20261061750MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Bedroom
    • Level: Entry
    • Area: 88
    • Dimensions: 11 X 8
    Bedroom
    • Level: Entry
    • Area: 110
    • Dimensions: 11 X 10
    Other
    • Level: Entry
    Kitchen
    • Level: Entry
    • Area: 190
    • Dimensions: 10 X 19
    Laundry
    • Level: Entry
    • Area: 70
    • Dimensions: 7 X 10
    Living room
    • Level: Entry
    • Area: 234
    • Dimensions: 18 X 13
    Mud room
    • Level: Entry
    • Area: 110
    • Dimensions: 10 X 11
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Central Air
    Appliances
    • Included: Dryer, Free Standing Gas Range, Free Standing Refrigerator, Range Hood, Washer
    Features
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total interior livable area: 960 sqft
    • Finished area above ground: 960

    Property

    Parking
    • Parking features: No Garage
    Features
    • Levels: One
    • Stories: 1
    • Entry location: GroundLevel
    • Pool features: None
    Lot
    • Size: 5,227 Square Feet
    • Dimensions: 45 x 115.6
    Details
    • Parcel number: 50005040009000
    • Special conditions: Short Sale No,Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Single Family Residence
    Materials
    • Aluminum Siding
    • Foundation: Slab
    Condition
    • New construction: No
    • Year built: 1929

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: JOHN NEIMANS RESUB
    HOA
    • Has HOA: No
    Location
    • Region: River Rouge

    Financial & listing details

    • Price per square foot: $65/sqft
    • Tax assessed value: $26,600
    • Annual tax amount: $2,194
    • Date on market: 8/14/2026
    • Cumulative days on market: 56 days
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional,FHA,Va Loan,Warranty Deed

    Price history

    DateEventPrice
    10/16/2026Sold$62,000-11.3%$65/sqft
    Source: Realcomp II #20261061750 Report a problem
    10/5/2026Pending sale$69,900$73/sqft
    Source: Realcomp II #20261061750 Report a problem
    9/22/2026Price change$69,900-6.7%$73/sqft
    Source: Realcomp II #20261061750 Report a problem
    9/4/2026Price change$74,900-6.3%$78/sqft
    Source: Realcomp II #20261061750 Report a problem
    8/14/2026Listed for sale$79,900+16%$83/sqft
    Source: Realcomp II #20261061750 Report a problem
    12/16/2024Sold$68,900$72/sqft
    Source: Public Record Report a problem
    11/21/2024Price change$68,900-1.6%$72/sqft
    Source: MichRIC #24047177 Report a problem
    11/1/2024Price change$70,000-4.1%$73/sqft
    Source: MichRIC #24047177 Report a problem
    10/15/2024Price change$73,000-1.4%$76/sqft
    Source: MichRIC #24047177 Report a problem
    10/1/2024Price change$74,000-1.2%$77/sqft
    Source: MichRIC #24047177 Report a problem
    9/13/2024Price change$74,900-3.9%$78/sqft
    Source: MichRIC #24047177 Report a problem
    9/7/2024Listed for sale$77,900+178.2%$81/sqft
    Source: MichRIC #24047177 Report a problem
    7/10/2018Sold$28,000-6.4%$29/sqft
    Source: Public Record Report a problem
    5/23/2018Listed for sale$29,900+88.1%$31/sqft
    Source: Real Estate 3000 Inc #218045249 Report a problem
    12/6/2013Sold$15,900$17/sqft
    Source: Public Record Report a problem
    9/18/2013Listed for sale$15,900+1077.8%$17/sqft
    Source: REAL ESTATE 3000 INC #213095309 Report a problem
    5/21/2007Sold$1,350-96.1%$1/sqft
    Source: Public Record Report a problem
    4/5/2005Sold$34,257+14.2%$36/sqft
    Source: Public Record Report a problem
    5/31/2002Sold$30,000+200%$31/sqft
    Source: Public Record Report a problem
    9/27/1994Sold$10,000$10/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $26,600 +53.8%
    2024-- $17,300 +31.1%
    2023-- $13,200 +18.9%
    2022-- $11,100 +18.1%
    2021-- $9,400
    2020$867 +36.4%$9,400 +13.3%
    2019$636 $8,300 +12.2%
    2018$636 $7,400 -1.3%
    2017-- $7,500 -1.3%
    2016$2,178 $7,600 -11.6%
    2015$2,178 +20.3%$8,600 -54.5%
    2013$1,810 -16.9%$18,900 +1.6%
    2012$2,178 $18,600 -14.7%
    2010-- $21,800 -3.1%
    2009-- $22,500 -1.3%
    2008-- $22,800 -4.2%
    2007-- $23,800 +20.2%
    2005$1,135 $19,800 +8.2%
    2003-- $18,300 +72.1%
    2001$889 +18.3%$10,631 +3.2%
    2000$752 $10,302
    Find assessor info on the county website

    Neighborhood: 48218

    Nearby schools

    GreatSchools rating
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