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Owner
$344,292
464 ROSEMONT AVE, SALINE, MI
Quick Facts
owner occupied
No
vacant
No
corporate owner
Yes
beds
3
baths
1
sq. ft.
1,366
property type
Single Family Residential
hoa
No

About

Residential
Living Area
Garage
Unspecified Basement
Forced Air Unit
Yes

Financial Overview

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

Property Features

Year Built
1960
Building Size
1,366 sq ft
Lot Size
6,970 sq ft
Lot Size (Acres)
0.16 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)
County
Washtenaw County, Michigan
Metro Area
Ann Arbor, MI
Zoning
R-1C
Neighborhood/Subdivision
SUBDIVISION
Lot Number
15
School District
Saline Area Schools
Legal Description
OLD SID - 18 18-160-015-00 SC 20-15 LOT 15 SALINE ACRES SUBDIVISION.

Tax & Value Information

Market Value (Total)
$307,400
Building Value
$0
Land Value
$307,400
Annual Property Tax
$9,221
Tax Assessment Year
2025
Assessed Value
$153,700
Last Assessment Year
2025
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
11/28/2022
Recording Date
12/14/2022
Sales Document #
2022.6673002
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
$13,322
Return on Investment
15.60%
After Repair Value
$378,721

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
$309,863
Renovation Cost
$17,215
Closing Costs (buying)
$6,197
Holding Costs
$9,401
Selling Costs
$22,723
Total Investment
$85,384
After Repair Value (ARV)
$378,721
Total Costs
$365,399
Estimated Profit
$13,322
Cash Invested
$79,187
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