NOT LISTED FOR SALE

1129 Webb St Detroit, MI 48202

Gateway Community Neighborhood

Estimated Value: $243,336 - $360,000

12 Beds
4 Baths
3,120 Sq Ft
$93/Sq Ft Est. Value

Last Sold June 11, 2018

Last sale price $150,000 $48 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $1,807/month

14 Days on Market

About This Home

As of June 2018

GREAT INVESTMENT OPPORTUNITY! FOUR UNIT BUILDING WITH 3 BEDROOMS EACH. BUILDING IN GOOD CONDITION. SELLER MOTIVATED. 3 UNIT TENANT OCCUPIED. PROPERTY LOCATED IN HIGH DEMAND RENTAL NEIGHBORHOOD JUST OUTSIDE OF NEW CENTER AREA.

Last Agent to Sell the Property

Syed Mohsin

EXP Realty Main License #6506047872 Listed on: 05/20/2018

EXP Realty Main

Last Buyer's Agent

Vicki Ashton-Hendrixson

Real Estate One-Southgate License #6501152075

Real Estate One-Southgate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1915

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 60.00x103.00

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 4 Full Bathrooms
  • 3,120 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 4 Units
  • Robert Oakmans Hamilton Blvd Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number W06I003128S

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,020

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Quadruplex
  • Architecture Level: 2 Story
  • Assessment: 340
  • Year Built: 1915
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement: Yes
  • Basement Type: Common, Unfinished
  • Sq Ft Combined: 3120
  • Total Sq Ft: 3120
  • Sq Ft Total Bsmt: 1512

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block
  • Frontage Feet: 60
  • Road Frontage Type: Paved, Pub. Sidewalk

Utilities

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

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 1071428.5714
  • Lot Size Area: 0.14
  • Lot Dimensions: 60.00X103.00
  • Parcel Number: W06I003128S
  • Zoning: Residential

Rental Info

  • Monthly Rental Income: 1800

Tax Info

  • Tax Amount Summer: 934.0000
  • Tax Amount Winter: 86.0000
  • Total Tax: 1020.0000

Multi Family

  • Gross Scheduled Income: 21600.00
  • Number Of Units Total: 4
  • Number of Three Bedroom Units: 4
  • Number Of Units Leased: 3

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2018
Closed on
Jun 11, 2018
Sold by
1129 Webb Llc
Bought by
Vivere Homes Llc
Seller's Agent
Syed Mohsin
EXP Realty Main
Buyer's Agent
Vicki Ashton-Hendrixson
Real Estate One-Southgate
List Price
$150,000
Sold Price
$150,000
Current Estimated Value
$290,334

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,334
Avg. Annual Appreciation
10.05%

Purchase Details

Listed on
May 20, 2018
Closed on
May 21, 2018
Sold by
Li Jie
Bought by
1129 Webb Llc
Seller's Agent
Syed Mohsin
EXP Realty Main
Buyer's Agent
Vicki Ashton-Hendrixson
Real Estate One-Southgate
List Price
$150,000
Sold Price
$150,000

Purchase Details

Closed on
Mar 20, 2018
Sold by
Jia Yilong
Bought by
Li Jie

Purchase Details

Closed on
Aug 22, 2016
Sold by
Li Jie
Bought by
Jia Yilong

Purchase Details

Listed on
Jun 20, 2013
Closed on
Apr 12, 2014
Sold by
Pom Investors Llc
Bought by
Li Jie
Seller's Agent
Miles Winn
Keller Williams Home
Buyer's Agent
Brent Maxwell
O'Connor Realty
List Price
$45,900
Sold Price
$41,500
Premium/Discount to List
-$4,400
-9.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.97%

Purchase Details

Listed on
Jun 20, 2013
Closed on
Apr 11, 2014
Sold by
Cooper Linda C and Roth Gregory J
Bought by
Pom Investors Llc
Seller's Agent
Miles Winn
Keller Williams Home
Buyer's Agent
Brent Maxwell
O'Connor Realty
List Price
$45,900
Sold Price
$41,500
Premium/Discount to List
-$4,400
-9.59%

Purchase Details

Closed on
Aug 13, 2012
Sold by
Cooper Linda C and Price Jerome
Bought by
Cooper Linda C
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
Vivere Homes Llc $150,000 None Available
1129 Webb Llc $129,900 Embassy Title Agency
Li Jie -- Embassy Title Agency
Jia Yilong -- Attorney
Li Jie $86,500 Embassy Title Agency
Pom Investors Llc $41,500 Title Express Llc
Cooper Linda C -- None Available
Cooper Linda C -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2018 06/11/18 Sold $150,000 0.0% $48 / Sq Ft
06/03/2018 06/03/18 Pending -- -- --
05/20/2018 05/20/18 For Sale $150,000 +261.4% $48 / Sq Ft
04/16/2014 04/16/14 Sold $41,500 -9.6% $13 / Sq Ft
11/13/2013 11/13/13 Pending -- -- --
06/20/2013 06/20/13 For Sale $45,900 -- $15 / 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 $2,732 $67,300 $0 $0
2024 $2,732 $56,600 $0 $0
2023 $2,656 $44,900 $0 $0
2022 $2,852 $32,900 $0 $0
2021 $2,766 $29,700 $0 $0
2020 $2,765 $35,400 $0 $0
2019 $2,718 $28,000 $0 $0
2018 $936 $25,500 $0 $0
2017 $144 $24,700 $0 $0
2016 $1,009 $57,900 $0 $0
2015 $750 $7,500 $0 $0
2013 $888 $8,876 $0 $0
2010 -- $11,770 $1,119 $10,651
Source: Public Records

Agents Affiliated with this Home

  • Syed Mohsin

    Seller's Agent in 2018

    Syed Mohsin

    EXP Realty Main

    (313) 800-8869

    1 in this area

    115 Total Sales

    Syed Mohsin
    Section Image

  • M

    Seller's Agent in 2014

    Miles Winn

    Keller Williams Home

  • B

    Buyer's Agent in 2014

    Brent Maxwell

    O'Connor Realty

    (313) 963-9891

    56 Total Sales

    Brent Maxwell
    Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 218044176

Realcomp

APN: 06-003128

Michigan Wayne County Detroit 48202 Gateway Community

1129 Webb St, Detroit, MI

This home is located at 1129 Webb St, Detroit, MI 48202 since 20 May 2018 and is currently estimated at $290,334, approximately $93 per square foot. This property was built in 1915. 1129 Webb St is a home located in Wayne County with nearby schools including Thirkell Elementary School, Charles L. Spain Elementary-Middle School, and Edward 'Duke' Ellington Conservatory of Music and Art.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
Copyright 2025 Realcomp II Ltd. Shareholders
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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