$349,900
SOLD JUL 22, 2024

1055 Wayburn St Unit 1057 Grosse Pointe, MI 48230

4 Beds
2 Baths
1,968 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$178 Per Sq Ft

3% Below List Price

50 Days on Market

Highlights

  • Outdoor Pool
  • Deck
  • Forced Air Heating and Cooling System
  • Cass Technical High School Rated 10
  • Enclosed patio or porch
  • 2 Car Garage

About This Home

As of July 2024

Grosse Pointe Park Investor or Owner-Occupant Opportunity! Renovated/Remodeled Multi-Family with 2 bedroom and 1 bath units on each floor. Sits on a wide lot with driveway. Full list of updates shown in pictures. New: Kitchens with stainless appliances, Bathrooms, Roof, Electrical, 100% PEX plumbing, A/C + Furnaces, HWT's, etc... updated 2 Car garage with 60 amp sub panel electrical and openers. Cozy back yard. Walkable to the all of the West Park area restaurants and shops. Resident only parks as well as other Grosse Pointe Park amenities! Opportunity is waiting for you!Agent has interest in property.

Last Agent to Sell the Property

Paul Maiale

Jim Saros Real Estate Services License #6501441320 Listed on: 04/24/2024

Last Buyer's Agent

Megan Ford

@properties Christie's Int'l RE Grosse Pointe License #6501405275

@properties Christie's Int'l RE Grosse Pointe

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1923 | Remodeled in 2021

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 45.00 x 101.50

Parking

  • 2 Car Garage

Home Design

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

Interior Spaces

  • 2 Full Bathrooms
  • 1,968 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Outdoor Features

  • Outdoor Pool
  • Deck
  • Enclosed patio or porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • 100 Amp Service
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 39008070062000

Community Details

Overview

  • 2 Units
  • Turnbull And Epsteans Jefferson Ave Sub Subdivision

Amenities

  • Laundry Facilities

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,307

Year Built

Built in 1923 | Remodeled in 2021

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 2 Story
  • Year Built: 1923
  • State Equalized Value: 148000.0000
  • Year Renovated: 2021
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: 100 Amp Service, Circuit Breakers, Laundry Facility
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished, Private
  • Sq Ft Combined: 1968
  • Total Sq Ft: 1968
  • Sq Ft Total Bsmt: 984

Exterior Features

  • Roof Material: Asphalt
  • Pool: Yes
  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Exterior Features: Pool – Community
  • Foundation Materials: Brick/Mortar
  • Frontage Feet: 45
  • Porch Type: Deck, Porch - Enclosed, Porch, Enclosed
  • Road Frontage Type: Paved

Garage/Parking

  • Garage: Yes
  • MF Parking: Garage
  • Total Parking Spaces: 2

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Sewer at Street
  • Water Source: Water at Street
  • Laundry Facilities: Yes

Schools

  • School District: Grosse Pointe

Lot Info

  • Lot Size Area: 0.11
  • Lot Dimensions: 45.00 x 101.50
  • Parcel Number: 39008070062000
  • Zone Conform: Yes
  • Zoning: Multi-Family, Residential
  • Percent Homestead Exempt: Yes

Rental Info

  • Rent Includes: Water/Sewer, Trash Collection, Water
  • Legal Rental Certified: Yes
  • Monthly Rental Income: 2400

Tax Info

  • Tax Amount Summer: 3069.0000
  • Tax Amount Winter: 4238.0000
  • Total Tax: 7307.0000
  • Taxable Value: 123361.0000

Multi Family

  • Gross Scheduled Income: 28800.00
  • 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

Listed on
Apr 24, 2024
Closed on
Jul 22, 2024
Sold by
Basnett Kelly
Bought by
Leonard Christine
Seller's Agent
Paul Maiale
Jim Saros Real Estate Services
Buyer's Agent
Megan Ford
@properties Christie's Int'l RE Grosse Pointe
List Price
$359,900
Sold Price
$349,900
Premium/Discount to List
-$10,000
-2.78%
Views
98
Current Estimated Value
$328,502

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$21,398
Avg. Annual Appreciation
-8.37%

Purchase Details

Listed on
Jun 1, 2020
Closed on
Sep 4, 2020
Sold by
Grover Henry Jordan
Bought by
Basnett Kelly
Seller's Agent
Joseph Schneider
Frank Real Estate
Buyer's Agent
Zachary VanElslander
Jim Saros Real Estate Services
List Price
$215,000
Sold Price
$190,000
Premium/Discount to List
-$25,000
-11.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.04%
Original Mortgage
$220,868
Interest Rate
2.8%
Mortgage Type
Unknown
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 Type Sale Price Title Company
Warranty Deed $349,900 Chirco Title Agency
Warranty Deed $190,000 Stc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $220,868 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2024 07/22/24 Sold $349,900 0.0% $178 / Sq Ft
06/14/2024 06/14/24 Pending -- -- --
05/30/2024 05/30/24 Price Changed $349,900 -2.8% $178 / Sq Ft
04/24/2024 04/24/24 For Sale $359,900 +89.4% $183 / Sq Ft
09/04/2020 09/04/20 Sold $190,000 -11.6% $97 / Sq Ft
06/24/2020 06/24/20 Pending -- -- --
06/01/2020 06/01/20 For Sale $215,000 -- $109 / 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 $3,214 $152,100 $0 $0
2023 $3,069 $148,000 $0 $0
2022 $2,916 $130,800 $0 $0
2021 $6,351 $109,200 $0 $0
2019 $2,694 $93,300 $0 $0
2018 $1,266 $72,700 $0 $0
2017 $3,137 $44,700 $0 $0
2016 $2,797 $54,400 $0 $0
2015 $4,738 $48,100 $0 $0
2013 $4,590 $47,900 $0 $0
2012 $1,194 $49,500 $9,600 $39,900
Source: Public Records

Agents Affiliated with this Home

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

Map

Source: Realcomp

MLS Number: 20240012317

Realcomp

APN: 39-008-07-0062-000