NOT LISTED FOR SALE

1089 Ferdinand St Detroit, MI 48209

Southwest Detroit Neighborhood

Estimated Value: $49,010 - $224,000

6 Beds
2 Baths
2,486 Sq Ft
$53/Sq Ft Est. Value

Sale Details

Date Sold: September 26, 2013

Last sale price $30,000 $12 Per Sq Ft

Est. 341% increase in value since last sale

Current estimated payment $729 / mo

38 Days on Market

About This Home

As of September 2013

GREAT INVESTMENT. 7 BR DUPLEX. 3 BR'S UP AND 4 BR'S DOWN. SEPERATE HOT WATER TANK AND SEPERATE FURNACE. TENNANTS PAY FOR ALL UTILITIES INCLUDING WATER. LIVE IN ONE UNIT AND RENT THE OTHER. ROOF IS 5 YRS OLD. CARPORT IN THE BACK WITH ALLY ACCESS. SELLER IS OPEN TO LAND CONTRACT. BRING ALL OFFERS.

Last Agent to Sell the Property

Luis Rodriguez

RE/MAX Leading Edge License #6501326742 Listed on: 07/09/2013

RE/MAX Leading Edge

Last Buyer's Agent

Luis Roberto Rodríguez

RE/MAX Leading Edge License #RCO-6501326742

RE/MAX Leading Edge

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 30x139

Parking

  • 2 Parking Spaces

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 2 Full Bathrooms
  • 2,486 Sq Ft Home
  • 2-Story Property
  • Basement

Utilities

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

Community Details

  • 2 Units
  • Sub Of Pc 30 Of O Lots 2 0 & 21 Subdivision

Listing and Financial Details

  • Assessor Parcel Number W16I010121S

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

4,356 Sq Ft Lot

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Assessment: YES
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Total Sq Ft: 2486

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Road Frontage Type: Paved

Garage/Parking

  • Total Parking Spaces: 2

Utilities

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

Lot Info

  • List Price per Acre: 349000.0000
  • Lot Size Area: 0.10
  • Lot Dimensions: 30X139
  • Parcel Number: W16I010121S
  • Zoning: Residential
  • Homestead Percent: 0 Percent

Rental Info

  • Deposit Amount: 10000.00
  • Monthly Rental Income: 900

Tax Info

  • Tax Amount Summer: 1128.0000
  • Tax Amount Winter: 83.0000
  • Total Tax: 1211.0000

Multi Family

  • Gross Scheduled Income: 10800.00
  • Number Of Units Total: 2

MLS Schools

  • School District: Detroit

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2013
Closed on
Oct 8, 2013
Sold by
Bought by
Seller's Agent
Luis Rodriguez
RE/MAX Leading Edge
Buyer's Agent
Luis Rodriguez
RE/MAX Leading Edge
List Price
$34,900
Sold Price
$30,000
Premium/Discount to List
-$4,900
-14.04%
Current Estimated Value
$132,253

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,253
Avg. Annual Appreciation
12.35%
Original Mortgage
$25,000
Interest Rate
6%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Jul 9, 2013
Closed on
Sep 24, 2013
Sold by
Bought by
Seller's Agent
Luis Rodriguez
RE/MAX Leading Edge
Buyer's Agent
Luis Rodriguez
RE/MAX Leading Edge
List Price
$34,900
Sold Price
$30,000
Premium/Discount to List
-$4,900
-14.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
6%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 24, 2013
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
-- None Available
$30,000 None Available
$30,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $25,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/26/2013 09/26/13 Sold $30,000 -14.0% $12 / Sq Ft
08/16/2013 08/16/13 Pending -- -- --
07/09/2013 07/09/13 For Sale $34,900 -- $14 / Sq Ft
Source: Realcomp

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $180 $0 $0 $0
2024 $50 $0 $0 $0
2023 $1,272 $48,100 $0 $0
2022 $1,383 $35,600 $0 $0
2021 $220 $0 $0 $0
2020 $1,337 $27,800 $0 $0
2019 $1,187 $21,200 $0 $0
2018 $170 $17,700 $0 $0
2017 $253 $15,900 $0 $0
2016 $1,618 $27,600 $0 $0
2015 $1,390 $13,900 $0 $0
2013 $1,041 $15,422 $0 $0
2010 -- $22,097 $454 $21,643
Source: Public Records

Agents Affiliated with this Home

  • Luis Rodriguez

    Seller's Agent in 2013

    Luis Rodriguez

    RE/MAX

    (313) 282-8938

    2 in this area

    82 Total Sales

    Luis Rodriguez
    Section Image
  • Luis Roberto Rodríguez

    Buyer's Agent in 2013

    Luis Roberto Rodríguez

    RE/MAX Leading Edge

    (313) 282-8938

    1 in this area

    31 Total Sales

    Luis Roberto Rodríguez
    Section Image
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Map

Source: Realcomp

MLS Number: 213067214

Realcomp

APN: 16-010121

Michigan Wayne County Detroit 48209 Southwest Detroit

1089 Ferdinand St, Detroit, MI

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Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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