NOT LISTED FOR SALE

1011 Wayburn St Grosse Pointe, MI 48230

Estimated Value: $281,000 - $305,000

3 Beds
2 Baths
2,016 Sq Ft
$146/Sq Ft Est. Value

Last Sold May 09, 2024

Last sale price $280,000 $139 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,837/month

94 Days on Market

Highlights

  • Cul-De-Sac
  • Forced Air Heating System
  • Hot Water Heating System
  • Cass Technical High School Rated 10

About This Home

As of May 2024

Adorable West Park 2 unit with hard to find large first floor 3 bedroom apartment that is move in ready! Excellent investment opportunity or "house hack" opportunity to live in one apartment and rent out the other to cover mortgage + carrying costs! Featuring a large first floor 3 bedroom apartment with very clean kitchen with numerous updates, hardwood floors, and AC! Additional features include water filter system, sperate utilities, a humidex system, and spray foam insulation.Upper unit is a 1 bedroom apartment that is currently rented providing immediate monthly income. Potential gross income for both apartments of $2,450+/ month.Highly walkable location neighboring the best coffee, dining, boutique shopping, and access to 2 waterfront parks! Offered at an attractive price point with many duplexes in the neighborhood selling for well over $350K!

Last Agent to Sell the Property

Ryan Berns

Jim Saros Real Estate Services License #6501427412 Listed on: 12/14/2023

Last Buyer's Agent

Kaitlyn Kelly

Sine & Monaghan, LLC License #6501427490

Sine & Monaghan, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1921

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 33.00 x 101.50
  • Cul-De-Sac

Home Design

  • Duplex
  • Poured Concrete

Interior Spaces

  • 2 Full Bathrooms
  • 2,016 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Utilities

  • Forced Air Heating System
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 39008070076001
  • $6,800 Seller Concession

Community Details

Overview

  • 2 Units
  • Turnbull And Epsteans Jefferson Ave Sub Subdivision

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,286

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 2 Story
  • Year Built: 1921
  • State Equalized Value: 98700.0000
  • Pets Allowed: Call
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 2016
  • Total Sq Ft: 2016
  • Sq Ft Total Bsmt: 1152

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Aluminum
  • Foundation Materials: Poured
  • Road Frontage Type: Cul-De-Sac

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air, Hot Water
  • Sewer: Sewer at Street
  • Water Source: Water at Street

Schools

  • School District: Grosse Pointe

Lot Info

  • Lot Size Area: 0.08
  • Lot Dimensions: 33.00 x 101.50
  • Parcel Number: 39008070076001
  • Zoning: Multi-Family
  • Percent Homestead Exempt: Yes

Rental Info

  • Rent Includes: Water/Sewer, Snow Removal, Water, Yard Maintenance
  • Monthly Rental Income: 2450

Tax Info

  • Tax Amount Summer: 2220.0000
  • Tax Amount Winter: 3066.0000
  • Total Tax: 5286.0000
  • Taxable Value: 89250.0000

Multi Family

  • Gross Scheduled Income: 29400.00
  • Number Of Units Total: 2
  • Number of One Bedroom Units: 1
  • Number of Two Bedroom Units: 1
  • Number Of Units Leased: 1

MLS Schools

  • School District: Grosse Pointe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2023
Closed on
Apr 30, 2024
Sold by
Kiley Caroline J and Kiley Michael J
Bought by
Kelly Kaitlyn and Smith Brian
Seller's Agent
Ryan Berns
Jim Saros Real Estate Services
Buyer's Agent
Kaitlyn Kelly
Sine & Monaghan, LLC
List Price
$279,000
Sold Price
$280,000
Premium/Discount to List
$1,000
0.36%
Views
377
Current Estimated Value
$294,936

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,936
Avg. Annual Appreciation
5.07%

Purchase Details

Closed on
Apr 16, 2021
Sold by
Stoddart Gordon
Bought by
Kiley Caroline J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,500
Interest Rate
3%
Mortgage Type
New Conventional
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
    • Grosse Pointe, MI

    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

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Kelly Kaitlyn $280,000 None Listed On Document
Kiley Caroline J $170,000 Mutual Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kiley Caroline J $144,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2024 05/09/24 Sold $280,000 +0.4% $139 / Sq Ft
03/18/2024 03/18/24 Pending -- -- --
12/14/2023 12/14/23 For Sale $279,000 -- $138 / 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 $2,325 $101,400 $0 $0
2023 $2,220 $98,700 $0 $0
2022 $2,420 $97,500 $0 $0
2021 $2,358 $103,900 $0 $0
2019 $2,997 $88,700 $0 $0
2018 $1,140 $68,700 $0 $0
2017 $3,898 $48,700 $0 $0
2016 $3,036 $55,800 $0 $0
2015 $4,267 $48,900 $0 $0
2013 $4,355 $48,700 $0 $0
2012 $1,077 $50,400 $7,100 $43,300
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 20230103031

Realcomp

APN: 39-008-07-0076-001