107 Elm Street

About this home

SELLER IS OFFERING CONCESSIONS TO ASSIT THE BUYER WITH THEIR CLOSING COSTS, PLEASE RAECH OUT FOR MORE INFO. Check out this classic beauty in the heart of River Rouge! Situated on a well-kept neighborhood, this home of 1,239 sq ft includes 4 bedrooms and 2 full baths. Inside you'll find newly refinished wooden floors in all 4 bedrooms and throughout the living and dining area. New windows, a new furnace (2026), hot water tank (2026) and new ceramic floor in the kitchen are some of the notable updates. The OVERSIZED 2 car garage made of block presents a great space for mechanic workshop or those looking for an area to work on projects. A shed is also included for additional storage ideal for tools and landscaping equipment. The backyard consists of a newly constructed deck suitable for relaxation and enjoyment. This home has been freshly painted allowing for a quick move in. At just walking distance to Memorial Park, the River Rouge police station and City Hall, you'll find 107 Elm's location ideal and convenient. The seller is providing the certificate of occupancy to ensure an easy move in. Please note: taxes are non homestead and had an unpaid water bill attached, reason for the unusually high amount.

Interior

Systems and utilities

Exterior and lot

Taxes, HOA and more

Schools

How it compares in River Rouge

Over the last 90 days, 11 homes sold in River Rouge for a median of $100,000, about $73 per square foot, and the typical one went under contract in 62 days. This home is listed at $163,000, or $132 per square foot, 81% above the city median, and has been on the market 85 days. Size, condition, updates and the exact street all move the number, so treat this as context. See recent River Rouge sales or ask us for the comparable sales on this one.

Property taxes for a new owner

The current owner pays about $6,180 a year. A buyer who lives here would pay about $3,830 to $6,724 a year once the taxable value resets after the sale, at the 2025 homestead rate of 81.69 mills for River Rouge City and River Rouge schools, plus the 1% administration fee. Michigan resets a home's taxable value the year after it sells, so the seller's bill isn't a good number to budget with. See the math.

Monthly payment estimate

Estimate only, 30 year fixed, includes taxes at a new owner's rate when listed. Ask us for a lender quote.

Location

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