$155,000
SOLD JAN 3, 2017

1043 Wayburn St Grosse Pointe, MI 48230

5 Beds
2 Baths
1,968 Sq Ft
1922 Built

Recently Sold

$79 Per Sq Ft

6% Below List Price

Highlights

  • Covered Patio or Porch
  • Forced Air Heating System
  • 2 Car Garage
  • Cass Technical High School Rated 10

About This Home

As of June 2017

Wonderful two family in the Park. Close to shopping and all amenities.

Last Agent to Sell the Property

Lucinda Miller

Sine & Monaghan LLC License #6502391988 Listed on: 10/04/2016

Last Buyer's Agent

Michael Defauw

Sine & Monaghan LLC License #6501387091

Sine & Monaghan LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1922

Parking

  • 2 Car Garage

Home Design

  • Block Foundation
  • Vinyl Construction Material

Interior Spaces

  • 2 Full Bathrooms
  • 1,968 Sq Ft Home
  • 3-Story Property
  • Basement Fills Entire Space Under The House

Utilities

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

Additional Features

  • Covered Patio or Porch
  • Lot Dimensions are 40x120

Community Details

  • 2 Units
  • Turnbull And Epsteans Jefferson Ave Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 39008070066000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,525

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Upper/Lower Apartment
  • Architecture Level: 3 Story
  • Assessment: 267.5
  • Year Built: 1922
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Common
  • Sq Ft Combined: 1968
  • Total Sq Ft: 1968
  • Sq Ft Total Bsmt: 950

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Foundation Materials: Block
  • Frontage Feet: 40
  • Porch Type: Porch - Covered
  • Road Frontage Type: Paved

Garage/Parking

  • MF Parking: Garages
  • Total Parking Spaces: 2

Utilities

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

Schools

  • School District: Grosse Pointe

Lot Info

  • Lot Dimensions: 40X120
  • Parcel Number: 39008070066000
  • Zoning: Multi-Family
  • Percent Homestead Exempt: Yes

Rental Info

  • Legal Rental Certified: Yes

Tax Info

  • Tax Amount Summer: 2072.0000
  • Tax Amount Winter: 1453.0000
  • Total Tax: 3525.0000

Multi Family

  • Number Of Units Total: 2
  • Number of Three Bedroom Units: 1
  • Number of Two Bedroom Units: 1
  • Number Of Units Leased: 2

MLS Schools

  • School District: Grosse Pointe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2017
Closed on
Jun 8, 2017
Sold by
Stephens Michael and Defauw Michael
Bought by
Blunden Christopher
Seller's Agent
Michael Defauw
Sine & Monaghan LLC
Buyer's Agent
Lucinda Miller
Sine & Monaghan Realtors Real Living LLC GPF
List Price
$193,000
Sold Price
$186,500
Premium/Discount to List
-$6,500
-3.37%
Current Estimated Value
$316,308

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,808
Avg. Annual Appreciation
6.66%
Original Mortgage
$183,121
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Listed on
Oct 4, 2016
Closed on
Dec 23, 2016
Sold by
Cook Chris
Bought by
Stephens Michael
Seller's Agent
Lucinda Miller
Sine & Monaghan LLC
Buyer's Agent
Michael Defauw
Sine & Monaghan LLC
List Price
$165,000
Sold Price
$155,000
Premium/Discount to List
-$10,000
-6.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
53.76%
Original Mortgage
$116,250
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 6, 2008
Sold by
Cotton & Company Llc
Bought by
City Of Grosse Pointe Park

Purchase Details

Closed on
Mar 25, 2005
Sold by
Cotton Jon and Cotton Michael
Bought by
Cotton & Co Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,200
Interest Rate
5.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 16, 2005
Sold by
Tocco Paul J and Tocco Anita
Bought by
Cotton Michael D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,200
Interest Rate
5.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 10, 2005
Sold by
Napoleone Fred A
Bought by
Tocco Paul J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,200
Interest Rate
5.64%
Mortgage Type
New Conventional
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
Warranty Deed $186,500 Ata National Title Group Llc
Warranty Deed $165,000 None Available
Warranty Deed $138,000 Metropolitan Title Company
Quit Claim Deed -- --
Warranty Deed $179,000 Multiple
Warranty Deed $129,000 Multiple
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $245,471 FHA
Closed $11,907 FHA
Closed $183,121 FHA
Previous Owner $116,250 New Conventional
Previous Owner $63,822 FHA
Previous Owner $143,200 New Conventional
Previous Owner $143,250 Stand Alone First
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/08/2017 06/08/17 Sold $186,500 -3.4% $95 / Sq Ft
04/21/2017 04/21/17 Pending -- -- --
03/20/2017 03/20/17 For Sale $193,000 +24.5% $98 / Sq Ft
01/03/2017 01/03/17 Sold $155,000 -6.1% $79 / Sq Ft
10/04/2016 10/04/16 Pending -- -- --
10/04/2016 10/04/16 For Sale $165,000 -- $84 / 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
2025 $1,803 $129,800 $0 $0
2024 $1,803 $121,400 $0 $0
2023 $1,722 $118,000 $0 $0
2022 $2,099 $103,600 $0 $0
2021 $3,710 $93,500 $0 $0
2019 $3,709 $81,500 $0 $0
2018 $1,559 $60,300 $0 $0
2017 $3,481 $39,900 $0 $0
2016 $4,130 $46,400 $0 $0
2015 $4,005 $40,800 $0 $0
2013 $3,880 $40,600 $0 $0
2012 -- $42,100 $6,500 $35,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 216097739

Realcomp

APN: 39-008-07-0066-000