421 Polk Avenue

About this home

Great opportunity for an investor or owner-occupant to complete the finishing touches! This partially renovated home features an updated kitchen and bathroom, newer flooring, and an inviting covered front porch. Several items still need to be completed, giving the new owner the chance to personalize the property and build additional value. The spacious basement offers abundant storage and future possibilities. A separate exterior basement entrance is currently closed but may be reopened by the new owner for convenient access. The property also includes a two-car garage and an oversized additional storage building. Bring your ideas and make this home your own!

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 $102,000, or $76 per square foot, 4% above the city median, and has been on the market 75 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 $7,555 a year. A buyer who lives here would pay about $5,220 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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