See Home Value
$314,000
● House - Off Market

38240 Wick Road

Romulus, MI 48174
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,333 Ft²
$1,816
Est. Monthly
9.41%
Cap Rate

About This Property

*MULTIPLE OFFERS - H&B 6 PM on May 10, 2024.* This charming 4-bedroom brickfront ranch, custom-built in 1985 and formerly utilized as a barrier-free group home, is now offered at a compelling price by a motivated seller. Situated on approximately half an acre with an additional two wooded acres in the rear, this property beckons with possibilities. Create your own tranquil walking paths or harness the natural beauty of the woods. The patio, adorned by majestic maple trees, promises delightful moments of shade and relaxation. Whether you're an individual, a couple, or a family with specific needs, this home is primed for immediate occupancy-it's clean, well-maintained, and ready to embrace your personal touches, just bring your favorite paint colors! Boasting an attached 2.5 car garage with ample storage space, it also enjoys the benefits of Romulus Taxes and convenient access to Wick Elementary, Romulus Middle School, and Romulus High School. Plus, its proximity to Detroit Metro Airportjust a 10-minute drive awayadds to its appeal. Consider the potential of this property as a lucrative rental opportunityit's a savvy investment waiting to unfold.
Unit Size
2,333 Ft²
Days on Market
-
Land Size
2.50 acres
Price per sqft
$122
Property Type
House
Property Taxes
$416
HOA Dues
-
Year Built
1985

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Cap Rate Calculator

Last updated: 3 years ago (MichRIC MLS #24021964)

Price History

Date / Event Date Event Price
Jun 11, 2024 Sold
Sold
May 4, 2024 Listed by The Charles Reinhart Company $285,000
Listed by The Charles Reinhart Company

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 676
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 104,544
  • Lot Size Depth Feet: 8,249
  • Lot Size Frontage Feet: 1,269
  • Total Building Area: 2,333
  • Building Area: 2,333
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,333
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SOUTH
  • Land Acres: 0000002400
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: 07CC1C1A1B PT OF SE 1/4 SEC 7 T3S R9E BEG N89DEG 57M 10S E 532.63FT FROM THE S 1/4 COR SEC 7 TH NORTH 855.59FT TH N87DEG 52M

Neighborhood

  • School District Name: Romulus Community Schools
  • School Tax School District: ROMULUS
  • Census Tract: 585800

Zoning

  • Zoning: R1A/RCOD

Geography

  • Assessors Map Reference: MAPS 28 01 17
  • District: 80
  • Section: 99
  • Parcel: 80 028 99 0008 010
  • Lot: 0008
  • Meridian: SEC 07 TWN 03S RNG 09E
  • Municipality: ROMULUS CITY
  • Latitude: 42.2378
  • Longitude: -83.4133

    Address

  • Full Address: 38240 Wick Rd
  • Address - House Number: 38240
  • Address - Street Name: Wick
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Romulus
  • Carrier Code: C063
  • 4-Digit Zip Code: 1393
  • Zip Code: 48174

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $421,006
  • Tax Rate Code Area: 82130

    Appraisal Valuation

  • Standard Deviation: 0.2535
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 64
  • Final Value: 325,131
  • High Value: 407,567
  • Low Value: 242,696

    Market Valuation

  • Market Total Value: $270,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $135,200
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Romulus


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Frequently Asked Questions

When was property at 38240 Wick Road built and last sold?
The property at 38240 Wick Road was built in 1985 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 38240 Wick Road is $0.
What are some comparable homes to 38240 Wick Road?
There are currently no comparable homes to 38240 Wick Road.