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7011 Packard, Warren, MI 48091

$86,700

Last sold 08/01/2024 for $61.5K

2
bed
2
bath
696
Sqft ($88/Sqft)

House not for sale

About 7011 Packard

Property type House

Neighborhood

Year built 1951

HOA fee $0/month

Lot size 4,356 Sqft

Movoto estimate

Rental estimate

Property description

Welcome to this promising investment opportunity in Warren! This 2-bedroom 1 and half-bath ranch is a great option for investors or someone looking to fix up an affordable property. Key Features: 2 Bedrooms: This ranch boasts two bedrooms, providing ample space for potential tenants or future homeowners. Opportunity Highlights: Affordable Entry: This property presents an affordable entry point for investors seeking a project with the potential for long-term gains. While this property requires some work, the investment potential is evident. Investors and DIY enthusiasts alike will appreciate the opportunity to increase the property's value and generate a solid return on investment.

Listed by

Listing Agent - Jody L Bruce

Listing Office - Realty Executives Home Towne Shelby

Source: MiRealSource, Inc

MLS#50134140 • last updated 2 years ago

Movoto checked MiRealSource, Inc for data 3 minutes ago

Overview
Heating	Forced Air, Natural Gas
Levels/Style	Ranch
Status	Closed
Type	Single Family
SqFt (Finished)	696
Lot Size (Acres)	0.1
Total Tax Amount	798.63
Originating MLS	MiRealSource
Year Built	0, 1951

Interior
# Full Baths	1
Basement	No
# Fireplaces	No

Exterior
Construction	Aluminum
Foundation	Crawl
# Garage Spaces	2

Amenities / Utilities
Water	Public Water
Sewer/ Septic	Public Sanitary

Location
County	Warren (50023)
Subdivision	Pipers Van Dyke Subdivision

$86.7K

Range: $71K-$102K

Last 30 days

Rental est.: $1,134/month

• Gross rent multiplier: 4.5 - Great

Aug 2024
Public Records
Aug 20, 2024 Sold
$61,500
Aug 2024
MLS # 50134140
Aug 20, 2024 Sold
$61,500 (-13.3%)
Aug 2, 2024 Pending
—
Aug 1, 2024 Expired
—
Feb 22, 2024 Listed
$70,900
Feb 2024
MLS # 58050134140
Feb 22, 2024 Listed
$70,900

Year Property taxes Tax assessment
2024
$856 +7.2%

$33,970 +11.01%
2023
$799 +5.1%

$30,600 +33.16%
2022
$760 +2.3%

$22,980 +18.64%
2021
$743 +0.9%

$19,370 +10.81%
2020
$736 +6.1%

$17,480 +12.85%
2019
$694 +1.0%

$15,490 +8.02%
2017
$687

$14,340

7011 Packard
$61.5K
Southwest Warren
$134K -9% y/y
48091
$134K -9% y/y
Warren
$185K +2% y/y

No chart available

Statistics calculated by Movoto

	Est. value	Bed/bath	Sqft	mi
7019 Packard Ave, Warren, MI 48091	$57,900	1/1	576	0.01
7003 Packard Ave, Warren, MI 48091	$94,800	2/1	764	0.01
7027 Packard Ave, Warren, MI 48091	$79,100	—/1	576	0.02
7012 Packard Ave, Warren, MI 48091	$98,300	2/1	760	0.02
7035 Packard Ave, Warren, MI 48091	$120,400	3/1	962	0.02
7020 Packard Ave, Warren, MI 48091	$98,800	2/1	840	0.02
7012 Hupp Ave, Warren, MI 48091	$114,800	—/1	944	0.03
7004 Packard Ave, Warren, MI 48091	$103,100	—/1	689	0.03

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.