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24275 Rein Avenue

24275 Rein Avenue, Eastpointe, MI 48021
Property in Eastpointe
Sold Jul 02, 2015
$77,000
$75,605 by Pnc Mortgage Llc
Mortgage Due Jul 01, 2045
Sold Dec 10, 2014
$35,000
24275 Rein Avenue in Eastpointe, MI was first built in 1955 and is 69 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a ranch/rambler style. It is a single story home. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 24275 Rein Avenue has 1,266 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 570 ft and the linear feet between the front and back of the lot is 1,300. In total, the area measurement of the land is 7,405 square feet.

Learn more about the property and building on this page. There is a porch. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a detached garage. The garage is 528 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with brick control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The exterior walls of the home are made of brick. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a forced air unit. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 24275 Rein Avenue sold most recently in Jun 18, 2015 for a total of $77,000. If you work out the math, that's approximately a cost of $60.82 per sqft. Before that, the property was also sold for $35,000 in Nov 7, 2014. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,512 in taxes each year. 24275 Rein Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $76,200. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Brick
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Brick
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 985
  • Garage Type: Detached
  • Garage Square Area: 528
  • Parking Space Count: 2
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 7,405
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 570
  • Total Building Area: 1,266
  • Building Area: 1,266
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,266
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: HENRY STEPHENS SUBDIVISION
  • Land Acres: 0.17
  • Standard Land Use Code: Single family residential
  • Legal Description 1: HENRY STEPHENS' SUBDIVISION NO.1 LOT 117 & N 20 FT OF LOT 118 LIBER 7; PAGE 60

Ownership

  • Current Owner : BELCHER ERIC L
  • Previous Owner : FIVE STAR ASSET MANAGEMENT LLC
  • Owner Before Previous Owner: BANK OF AMERICA NA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: East Detroit Public Schools
  • School Tax School District: EAST DETROIT
  • Census Tract: 258100

Zoning

  • Zoning: R-1

Geography

  • District: 02
  • Parcel: 02-14-30-281-008
  • Lot: 117-118
  • Municipality: EASTPOINTE CITY
  • Latitude: 42.4733
  • Longitude: -82.9487

    Address

  • Full Address: 24275 Rein Ave
  • Address - House Number: 24275
  • Address - Street Name: Rein
  • Address - Suffix Type: Ave
  • State: MI
  • City Name: Eastpointe
  • Carrier Code: C014
  • 4-Digit Zip Code: 3334
  • Zip Code: 48021

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,512

    Appraisal Valuation

  • Standard Deviation: 0.195
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 74
  • Final Value: 184,881
  • High Value: 220,935
  • Low Value: 148,827

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $75,605
  • First Open Lien Mortgage Lender: PNC MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Jul 02, 2015
  • First Open Lien Mortgage Loan Amount: $75,605
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2045

    Market Valuation

  • Market Total Value: $152,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $76,200

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 18, 2015
  • Current Sale Recording Date: Jul 02, 2015
  • Current Sale Transaction ID: 1283982695
  • Current Sale Price: $77,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 5084553
  • Previous Sale Recording Date: Dec 10, 2014
  • Previous Sale Contract Date: Nov 07, 2014
  • Previous Sale Amount: $35,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: PNC MORTGAGE LLC
  • First Mortgage Transaction Date: Jul 02, 2015
  • First Mortgage Loan Amount: $75,605
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jul 01, 2045

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Frequently Asked Questions

What neighborhood is 24275 Rein Avenue located in?
The 24275 Rein Avenue is a located in the neighborhood of Eastpointe in Eastpointe, Eastpointe.
What is the average sales price for listings in 24275 Rein Avenue?
The average sales price for units in 24275 Rein Avenue is $0 currently.

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