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Owner
$317,027
339 PARKDALE AVE, ROCHESTER, MI
Quick Facts
owner occupied
Yes
vacant
No
corporate owner
No
beds
3
baths
1
sq. ft.
1,080
property type
Single Family Residential
hoa
Yes

About

Residential
Living Area
1 Story
Unspecified Basement
Forced Air Unit
Yes

Financial Overview

Home Equity
Property
Outstanding Debt
Property
Loan-to-Value Ratio
Property

Property Features

Year Built
1900
Building Size
1,080 sq ft
Lot Size
7,623 sq ft
Lot Size (Acres)
0.18 acres

Distressed Property Status

In Pre-foreclosure
Property
Notice of Sale Filed
Property
Notice of Default Filed
Property
Scheduled for Auction
Property
Filing Date
Property

Property Location Details

Parcel Number (APN)
68-15-11-308-014
County
Oakland County, MI
Metro Area
Detroit-Warren-Dearborn, MI
Zoning
RI
Neighborhood/Subdivision
SUPERVISOR
Lot Number
26
School District
Rochester Community School District
Legal Description
T3N, R11E, SEC 11 SUPERVISOR'S PLAT NO 1 LOT 26

Tax & Value Information

Market Value (Total)
$249,400
Building Value
$0
Land Value
$249,400
Annual Property Tax
Tax Assessment Year
2023
Assessed Value
$124,700
Last Assessment Year
2023
Original Primary Mortgage
Property
Primary Mortgage Type
Property
Original Secondary Mortgage
Property
Secondary Mortgage Type
Property
Current Mortgage Amount
Property
Current Mortgage Type
Property
Interest Rate
Property
Loan Term
Property
Lender Name
Last Sale Contract Date
5/30/2014
Recording Date
6/11/2014
Sales Document #
2014.111078
Primary Owner
Property
Co-Owner
Property
Previous Owner
Property
Previous Co-Owner
Property
Recent sales Comparables
Estimated Value:
$0
Average Price per Sq.Ft.: $0.00
Sales Comparables
Include
Address
Sale Date
Sale Price
Sq.Ft.
Bed/Bath
Lot Size
Year
$/Sq.Ft.
Distance
Real Estate Investment Analysis
Evaluate this property as a fix & flip opportunity
Estimated Profit
$12,267
Return on Investment
15.60%
After Repair Value
$348,730

Basic Inputs

Financing
Down Payment
20%
Interest Rate
6.5%
Loan Term (Years)
30
Holding Period (months)
6
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Analysis Details

Purchase Price
$285,324
Renovation Cost
$15,851
Closing Costs (buying)
$5,706
Holding Costs
$8,657
Selling Costs
$20,924
Total Investment
$78,623
After Repair Value (ARV)
$348,730
Total Costs
$336,462
Estimated Profit
$12,267
Cash Invested
$72,916
Return on Investment
15.60%
Return on Cash Invested
16.82%
Nearby Schools
No Elementary School nearby
No Middle School nearby
No High School nearby
Properties owned by investors
Income Distributions
Ethnicity Distributions
Chart
Yearly Purchases
Connex Segmentation Clusters
Date
Action
Price
PPSF
DOM
Agent
Brokerage
MLS/Listing #
2023-09-02Pulled Off Market$3,495$110Baruch Bar CohenOxford Property Group112015
2023-09-02Pulled Off Market$3,495$110Baruch Bar CohenOxford Property Group112016
2023-09-02Pulled Off Market$3,495$110Baruch Bar CohenOxford Property Group112017
2023-09-02Pulled Off Market$3,495$110Baruch Bar CohenOxford Property Group112018
Area Profile for Investors
Quiet Residential
Walkability
Poor
(0 POIs within 1mi)
Amenities Within 0.5mi
0
locations
Schools Within 1mi
0
schools
Area Class
A
class
Investor Insight
This is a quiet residential area with 0 amenities within 1 mile.
The area has limited nearby amenities.
Key features for tenant appeal:
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Key Amenities in the Area