NOT LISTED FOR SALE

1008 Wayburn St Unit 1010 Grosse Pointe, MI 48230

Estimated Value: $279,000 - $329,000

4 Beds
2 Baths
1,920 Sq Ft
$162/Sq Ft Est. Value

Last Sold August 15, 2022

Last sale price $260,000 $135 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $2,185/month

2 Days on Market

Highlights

  • Covered patio or porch
  • Balcony
  • Dogs and Cats Allowed
  • George Defer Elementary School Rated A
  • Forced Air Heating System

About This Home

As of August 2022

Very well located 2 family with super tenants in place. Walking distance to the restaurants, stores and fun of Kercheval in West Park. Conveniently located next to the GPP Police Station and Grosse Point Public Library. Each unit is currently on a month to month but tenants like their places, pay on time, are good stewards to the building are problem free and would probably stay. Each unit is two bedrooms. Roofs on house was installed in 2018. Lots of parking 4 cars in the back and 2 to 3 in the driveway. CofO current. Would like 24 hours notice for all showings.

Last Agent to Sell the Property

Justin Delk

Brookstone, Realtors LLC License #6501311144 Listed on: 07/14/2022

Brookstone, Realtors LLC

Last Buyer's Agent

Jonathan Golden

House of Realty License #6501433095

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1919

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 35.00 x 101.50

Parking

  • 6 Parking Spaces

Home Design

  • Duplex
  • Brick Exterior Construction
  • Brick Foundation
  • Asphalt Roof

Interior Spaces

  • 2 Full Bathrooms
  • 1,920 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Outdoor Features

  • Balcony
  • Covered patio or porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 39008070081000

Community Details

Overview

  • 2 Units
  • Turnbull And Epsteans Jefferson Ave Sub Subdivision

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,489

Year Built

Built in 1919

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex, Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Year Built: 1919
  • State Equalized Value: 100900.0000
  • Pets Allowed: Cats OK, Dogs OK
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished, Private
  • Sq Ft Combined: 1920
  • Total Sq Ft: 1920
  • Sq Ft Total Bsmt: 960

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Brick/Mortar
  • Frontage Feet: 36
  • Porch Type: Balcony, Porch - Covered, Porch
  • Road Frontage Type: Paved

Garage/Parking

  • MF Parking: Unassigned
  • Total Parking Spaces: 6

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Schools

  • School District: Grosse Pointe

Lot Info

  • Lot Size Area: 0.08
  • Lot Dimensions: 35.00 x 101.50
  • Parcel Number: 39008070081000
  • Zoning: Multi-Family, Residential

Rental Info

  • Legal Rental Certified: Yes
  • Monthly Rental Income: 2300

Tax Info

  • Tax Amount Summer: 1337.0000
  • Tax Amount Winter: 2152.0000
  • Total Tax: 3489.0000
  • Taxable Value: 53039.0000

Multi Family

  • Gross Scheduled Income: 27600.00
  • Number Of Units Total: 2
  • Number of Two Bedroom Units: 2
  • Number Of Units Leased: 2

MLS Schools

  • School District: Grosse Pointe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 15, 2022
Sold by
Talakadu Madaiah K
Bought by
1008 Wayburn Llc
Current Estimated Value
$310,460

Purchase Details

Listed on
Jul 14, 2022
Closed on
Aug 12, 2022
Sold by
Mckay Carole
Bought by
Talakadu Madaiah Kusuma
Seller's Agent
Justin Delk
Brookstone, Realtors LLC
Buyer's Agent
Jonathan Golden
House of Realty
List Price
$260,000
Sold Price
$260,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.42%
Original Mortgage
$195,000
Interest Rate
5.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 6, 1998
Sold by
Luney Anna M
Bought by
Maceri Sebastian P
Source: Public Records

Similar Home in Grosse Pointe, MI

  • 1258 Wayburn St Unit 1260, Grosse Pointe, MI 48230

    $325,000

    • 4 Beds
    • 2 Baths
    • 2,014 Sq Ft
    • 1258 Wayburn St
    • Unit 1260
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    This is a well maintained 2 family in Grosse Pointe Park It features Updated kitchens, hardwood floors. New roof and new furnace in lower with central air conditioning. Great location with walking distance to schools, West Park restaurant district and two lake front parks Lower rents $1300 per month with a lease through Sept 2025. Upper $1200 per month with a lease thru Sept. 2025

    Paula M. Morris Adlhoch & Associates, REALTORS

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Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
1008 Wayburn Llc -- --
Talakadu Madaiah Kusuma $260,000 None Listed On Document
Talakadu Madaiah Kusuma $260,000 --
Maceri Sebastian P $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Talakadu Madaiah Kusuma $195,000
Previous Owner Mckay Carole $99,887
Previous Owner Mckay Carole $19,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2022 08/15/22 Sold $260,000 0.0% $135 / Sq Ft
07/17/2022 07/17/22 Pending -- -- --
07/14/2022 07/14/22 For Sale $260,000 -- $135 / Sq Ft
Source: Realcomp

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,463 $130,000 $0 $0
2023 $3,145 $126,400 $0 $0
2022 $1,360 $111,400 $0 $0
2021 $3,488 $100,900 $0 $0
2019 $3,407 $86,200 $0 $0
2018 $1,296 $66,000 $0 $0
2017 $4,358 $44,500 $0 $0
2016 $3,415 $55,500 $0 $0
2015 $4,852 $49,200 $0 $0
2013 -- $49,100 $0 $0
2012 $1,350 $50,600 $11,000 $39,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20221014894

Realcomp

APN: 39-008-07-0081-000