$185,000
SOLD DEC 21, 2017

1040 Wayburn St Unit 1042 Grosse Pointe, MI 48230

6 Beds
2 Baths
2,400 Sq Ft
3,049 Sq Ft Lot

Recently Sold

$77 Per Sq Ft

3% Above List Price

4 Days on Market

About This Home

As of December 2017

Huge duplex in Grosse Pointe Park! 3 Bedroom, 1 Bath units. Very well maintained. Tenants on month to month leases. Great investment opportunity! Incredible location near West Park restaurants and shops. Access to 2 waterfront parks and all that Grosse Pointe has to offer. Close commute to downtown Detroit makes this an ideal residence and/or investment opportunity. Priced aggresively! Newer roof, All appliances included! Don't miss out, this will go fast.

Last Agent to Sell the Property

Michael Defauw

Sine & Monaghan LLC License #6501387091 Listed on: 11/14/2017

Sine & Monaghan LLC

Last Buyer's Agent

Muffy Kroha

Max Broock, REALTORS®-Detroit License #6501397471

Max Broock, REALTORS®-Detroit

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1920

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 30.00x101.00

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2 Full Bathrooms
  • 2,400 Sq Ft Home
  • 2-Story Property
  • Awning
  • Basement Fills Entire Space Under The House
  • Carbon Monoxide Detectors

Utilities

  • Gravity Heating System
  • Heating System Uses Natural Gas
  • Electric Water Heater
  • Sewer in Street
  • Cable TV Available

Community Details

  • 2 Units
  • Turnbull And Epsteans Jefferson Ave Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 39008070091000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,823

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 2 Story
  • Assessment: 267.5
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, Carbon Monoxide Alarm(s)
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Common
  • Sq Ft Combined: 2400
  • Total Sq Ft: 2400
  • Sq Ft Total Bsmt: 900

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Vinyl, Wood
  • Exterior Features: Awning/Overhang(s)
  • Foundation Materials: Block
  • Frontage Feet: 30
  • Road Frontage Type: Paved

Garage/Parking

  • MF Parking: On Street

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Gravity
  • Sewer: Sewer at Street
  • Water Heater Fuel: Electric
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Schools

  • School District: Grosse Pointe

Lot Info

  • List Price per Acre: 2570000.0000
  • Lot Size Area: 0.07
  • Lot Dimensions: 30.00X101.00
  • Parcel Number: 39008070091000
  • Zone Conform: Yes
  • Zoning: Residential

Rental Info

  • Legal Rental Certified: Yes

Tax Info

  • Tax Amount Summer: 1425.0000
  • Tax Amount Winter: 2398.0000
  • Total Tax: 3823.0000

Multi Family

  • Number Of Units Total: 2
  • Unit Count: 1
  • Number of Three Bedroom Units: 2

MLS Schools

  • School District: Grosse Pointe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2023
Closed on
May 31, 2023
Sold by
Surdu Amy Rebecca
Bought by
Waybum Pointe Llc
Seller's Agent
Amy Surdu
O'Connor Realty Detroit, LLC
Buyer's Agent
Amy Surdu
O'Connor Realty Detroit, LLC
Sold Price
$1,400
Views
68
Current Estimated Value
$351,134

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$349,734

Purchase Details

Closed on
Mar 4, 2019
Sold by
Wayburn Pointe Llc
Bought by
Surdu Amy Rebecca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,200
Interest Rate
4.3%
Mortgage Type
Unknown

Purchase Details

Listed on
Nov 14, 2017
Closed on
Feb 9, 2018
Sold by
Surdu Amy Rebecca
Bought by
Wayburn Pointe Llc
Seller's Agent
Michael Defauw
Sine & Monaghan LLC
Buyer's Agent
Muffy Kroha
Max Broock, REALTORS®-Detroit
List Price
$179,900
Sold Price
$185,000
Premium/Discount to List
$5,100
2.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.79%
Original Mortgage
$157,250
Interest Rate
3.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Nov 14, 2017
Closed on
Dec 18, 2017
Sold by
Ayers John M and Ayers Shelly L
Bought by
Surdu Amy Rebecca
Seller's Agent
Michael Defauw
Sine & Monaghan LLC
Buyer's Agent
Muffy Kroha
Max Broock, REALTORS®-Detroit
List Price
$179,900
Sold Price
$185,000
Premium/Discount to List
$5,100
2.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,250
Interest Rate
3.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 6, 1994
Sold by
Moore Thomas J
Bought by
John M Ayers

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,200
Interest Rate
8.58%
Mortgage Type
FHA
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Warranty Deed $185,000 Ata Natl Title Group Llc
Deed $65,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $163,800 New Conventional
Previous Owner $28,200 Unknown
Previous Owner $157,250 Purchase Money Mortgage
Previous Owner $64,200 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2023 05/19/23 Rented $1,400 0.0% --
05/08/2023 05/08/23 Under Contract -- -- --
04/28/2023 04/28/23 For Rent $1,400 +16.7% --
10/22/2019 10/22/19 Rented $1,200 0.0% --
09/23/2019 09/23/19 Under Contract -- -- --
09/03/2019 09/03/19 Price Changed $1,200 -4.0% $1 / Sq Ft
08/22/2019 08/22/19 For Rent $1,250 0.0% --
12/21/2017 12/21/17 Sold $185,000 +2.8% $77 / Sq Ft
11/18/2017 11/18/17 Pending -- -- --
11/14/2017 11/14/17 For Sale $179,900 -- $75 / 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 $2,150 $148,800 $0 $0
2023 $2,053 $144,500 $0 $0
2022 $1,950 $126,200 $0 $0
2021 $5,003 $112,900 $0 $0
2019 $4,887 $96,400 $0 $0
2018 $1,859 $71,900 $0 $0
2017 $4,853 $54,000 $0 $0
2016 $3,823 $63,300 $0 $0
2015 $5,481 $55,700 $0 $0
2013 -- $55,500 $0 $0
2012 $1,336 $57,400 $9,400 $48,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 217102373

Realcomp

APN: 39-008-07-0091-000