About Home value Property history Tax history Market statistics Schools Neighborhood Places of interest

7068 Packard Ave, Warren, MI 48091

$94,000

Last sold 09/29/2023 for $83K

2
bed
1
bath
770
Sqft ($108/Sqft)

House not for sale

About 7068 Packard Ave

Property type House

Neighborhood

Year built 1940

HOA fee $0/month

Lot size 4,356 Sqft

Movoto estimate

Rental estimate

Property description

Do not disturb, tenant occupied paying $1100 rent per month. Please submit an offer with showing contingency. Welcome to this fantastic investment opportunity! This property features a well-maintained 2-bedroom, 1-bathroom configuration, ideal for tenants seeking comfort and practicality. Boasting robust construction, this property promises low maintenance costs, adding to your net rental yield. The functional layout offers generous living spaces that attract a wide range of potential tenants, ensuring steady occupancy rates. What sets this investment property apart is its ability to generate solid monthly rental income, allowing you to experience a seamless and lucrative real estate investment journey. Coupled with the potential for capital appreciation in this high-growth area, this is a chance not to be missed. Act fast - properties with this income potential don't stay on the market for long. Contact us today to arrange a viewing and see for yourself the impressive potential this investment holds. Furnace- 2018, HWT -2022 and Newer roof already rental certified by city of warren.

Listed by

Listing Agent - Jubel Ahmed

Listing Agent Contact: 8885017085

Listing Office - EXP Realty LLC

Source: Realcomp

MLS#20230054976 • last updated 1 year ago

Movoto checked Realcomp for data 5 minutes ago

Overview
Heating	ForcedAir, NaturalGas
Levels/Style	One, Ranch
Status	Sold
SubType	Single Family Residence
Living Area	770
MLS #	20230054976
Lot Size (Acres)	0.1
Property Tax	1161

Interior
Total # of Bathrooms	1
# of Full Baths	1
Total # of Bedrooms	2

Exterior
Construction	Vinyl Siding
Foundation	Crawl Space
Roof	Asphalt
Parking	No Garage

Amenities / Utilities
Pool	None

Location
Subdivision	PIPERS VAN DYKE SUB NO 4
High School District	Center Line
APN	1333256009
Directions	Turn Right On Memphis Ave Then Turn Left On Packard Avenue

Lot/ Land Details
Road Frontage	Paved

$94K

Range: $80.8K-$107K

Last 30 days

Rental est.: $1,259/month

• Gross rent multiplier: 5.5 - Great

Oct 2023
MLS # 20230054976
Oct 2, 2023 Sold
$83,000 (-7.7%)
Oct 2, 2023 Pending
—
Aug 12, 2023 Price Change
$89,900 (-5.4%)
Jul 14, 2023 Price Change
$95,000 (-17.3%)
Jun 6, 2023 Listed
$114,900 (-10.9%)
Jun 2023
MLS # 60235073
Jun 6, 2023 Listed
$114,900 (-10.9%)
Jun 2023
MLS # 60226224
Jun 6, 2023 Listed
$129,000 (+12.3%)
Jun 2023
MLS # 20230045012
Jun 6, 2023 Listed
$129,000 (+1333.3%)
Aug 2017
MLS # 217050474
Aug 15, 2017 Sold
—
Jul 18, 2017 Pending
—
Jul 11, 2017 Price Change
$9,000 (-40.0%)
Jun 14, 2017 Listed
$15,000 (+66.7%)
Jun 2017
MLS # 21308458
Jun 14, 2017 Listed
$9,000 (-28.0%)
Jun 2012
MLS # 20883930
Jun 19, 2012 Listed
$12,500

Year Property taxes Tax assessment
2024
$2,346 +92.3%

$36,720 +11.1%
2023
$1,220 +5.1%

$33,050 +30.68%
2022
$1,160 +2.3%

$25,290 +17.85%
2021
$1,134 +0.9%

$21,460 +10.96%
2020
$1,124 +6.1%

$19,340 +10.96%
2019
$1,060 +8.5%

$17,430 +11.23%
2017
$976

$15,670

7068 Packard Ave
$83K
Southwest Warren
$134K -12% y/y
48091
$134K -10% y/y
Warren
$184K +2% y/y

No chart available

Statistics calculated by Movoto

	Est. value	Bed/bath	Sqft	mi
7204 Packard Ave, Warren, MI 48091	$127,000	3/1	962	0
7212 Packard Ave, Warren, MI 48091	$122,000	2/1	735	0.01
7060 Packard Ave, Warren, MI 48091	$107,000	1/1	882	0.01
7220 Packard Ave, Warren, MI 48091	$119,000	2/1	833	0.02
7052 Packard Ave, Warren, MI 48091	$102,000	—/1	800	0.02
7203 Hudson Ave, Warren, MI 48091	$94,000	3/1	911	0.02
7067 Hudson Ave, Warren, MI 48091	$113,000	—/1	1,075	0.03
7203 Packard Ave, Warren, MI 48091	$87,000	2/1	600	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.