NOT LISTED FOR SALE

Estimated Value: $296,000 - $388,000

3 Beds
2 Baths
1,148 Sq Ft
$290/Sq Ft Est. Value

Last Sold August 20, 2013

Last sale price $141,000 $123 Per Sq Ft

Est. 136% increase in value since last sale

Current estimated payment $2,004/month

58 Days on Market

About This Home

As of August 2013

Adorable farm house presently setup as a two family income. It can easily be converted to a single. Lower rents for $500 a month, upper rents for $450 a month. Newer Everything!!! Great Location!!! Most sought after location in Grosse Pointe Farms. Under $150,000!! Income property!! Won't last long.

Last Agent to Sell the Property

Alex Lucido

Lucido & Associates, Inc. License #6502119186 Listed on: 04/30/2013

Last Buyer's Agent

Kent Colpaert

Bearing Group License #6502334886

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1900

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 100x101

Parking

  • 2 Parking Spaces

Home Design

  • Duplex

Interior Spaces

  • 2 Full Bathrooms
  • 1,148 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units
  • Muir Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 38011090009003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,799

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 2 Story
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Sq Ft Combined: 1148
  • Total Sq Ft: 1148

Exterior Features

  • Foundation Details: Crawl
  • Construction Materials: Aluminum
  • Road Frontage Type: Paved

Garage/Parking

  • Total Parking Spaces: 2

Utilities

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

Schools

  • School District: Grosse Pointe

Lot Info

  • List Price per Acre: 1249167.0000
  • Lot Size Area: 0.12
  • Lot Dimensions: 100X101
  • Parcel Number: 38011090009003
  • Encroachment: Yes
  • Zone Conform: Yes
  • Zoning: Multi-Family
  • Homestead Percent: 0 Percent
  • Percent Homestead Exempt: Yes

Rental Info

  • Legal Rental Certified: Yes
  • Monthly Rental Income: 950

Tax Info

  • Tax Amount Summer: 1251.0000
  • Tax Amount Winter: 1548.0000
  • Total Tax: 2799.0000

Multi Family

  • Gross Scheduled Income: 11400.00
  • Number Of Units Total: 2
  • Number of One Bedroom Units: 1
  • Number of Two Bedroom Units: 1

MLS Schools

  • School District: Grosse Pointe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2013
Closed on
Aug 20, 2013
Sold by
Santi Mark W and Santi Maura P
Bought by
Nixon Mark
Seller's Agent
Alex Lucido
Lucido & Associates, Inc.
Buyer's Agent
Kent Colpaert
Bearing Group
List Price
$149,900
Sold Price
$141,000
Premium/Discount to List
-$8,900
-5.94%
Total Days on Market
58
Current Estimated Value
$332,403

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$191,403
Avg. Annual Appreciation
7.55%
Original Mortgage
$132,275
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 3, 2000
Sold by
Vanliegh Donald A
Bought by
Santi Mark W
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Nixon Mark $141,000 Greco Title Agency Llc
Santi Mark W $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nixon Mark $146,100
Closed Nixon Renee A $45,000
Closed Nixon Mark $128,000
Closed Nixon Mark $132,275
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2013 08/20/13 Sold $141,000 -5.9% $123 / Sq Ft
06/27/2013 06/27/13 Pending -- -- --
04/30/2013 04/30/13 For Sale $149,900 -- $131 / 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 $1,729 $103,300 $0 $0
2023 $1,648 $94,700 $0 $0
2022 $3,077 $87,200 $0 $0
2021 $2,907 $80,400 $0 $0
2019 $2,859 $72,100 $0 $0
2018 $1,416 $66,400 $0 $0
2017 $2,456 $64,700 $0 $0
2016 $2,575 $63,600 $0 $0
2015 $5,100 $55,000 $0 $0
2013 $4,830 $48,300 $0 $0
2012 $1,285 $48,300 $11,200 $37,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 213040105

Realcomp

APN: 38-011-09-0009-003