NOT LISTED FOR SALE

Estimated Value: $162,000 - $227,000

4 Beds
4 Baths
3,754 Sq Ft
$54/Sq Ft Est. Value

Last Sold July 09, 2021

Last sale price $114,500 $31 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $1,180/month

2 Days on Market

Highlights

  • Covered Patio or Porch
  • Forced Air Heating System
  • 3-minute walk to 360 Park
  • Cass Technical High School Rated 10

About This Home

As of July 2021

Great investment property sandwiched between Henry Ford and Herman Keifer development area. Lots of renovation happening in this community. Great woodwork, hardwood floors. Four Family flat. 2 units up, 2 down. 3 units currently occupied. 2nd room/den each unit , no closet. The seller prefers the 2 adjacent parcels are sold together. See mls# 2210006725 at 1135-37 Euclid and an adjacent lot for $40,000. 2 units with some updates. windows replaced in 2 units, furnaces and hot water tanks, some electrical updates. Cash only. Allow 90 days to close for probate court approval of the sale. Wayne county is backlogged due to Covid. Vacant unit on the second floor (2-east) available for showings. the occupied units available after offer acceptance as part of the private inspection. Measurements LR 13x12, dr 17x10, br 12x8, kit 10x8, br2 8x10, bath 5x6, Hardwood floors. common entry, each has a separate furnace, electric and H2O.

Last Agent to Sell the Property

Patricia Phillips

Real Estate One-Southfield License #6506029243 Listed on: 02/08/2021

Real Estate One-Southfield

Last Buyer's Agent

Sepehr Faridian

21 United Realty License #RCO-6501256840

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1913

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 45.00x112.00

Parking

  • On-Street Parking

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 4 Full Bathrooms
  • 3,754 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • 4 Units
  • Bessenger & Moores Euclid Ave Subdivision

Listing and Financial Details

  • Assessor Parcel Number W06I001832S

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,069

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Quadruplex
  • Architecture Level: 2 Story
  • Assessment: 240
  • Year Built: 1913
  • State Equalized Value: 18700.0000
  • Pets Allowed: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement: Yes
  • Basement Type: Common
  • Sq Ft Combined: 3754
  • Total Sq Ft: 3754
  • Sq Ft Total Bsmt: 1877

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block
  • Frontage Feet: 45
  • Porch Type: Porch - Covered, Porch
  • Road Frontage Type: Paved

Garage/Parking

  • MF Parking: On Street

Utilities

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

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 541666.6600
  • Lot Size Area: 0.12
  • Lot Dimensions: 45.00X112.00
  • Parcel Number: W06I001832S
  • Zone Conform: Yes
  • Zoning: Multi-Family
  • Percent Homestead Exempt: Yes

Rental Info

  • Monthly Rental Income: 2200

Tax Info

  • Tax Amount Summer: 959.0000
  • Tax Amount Winter: 110.0000
  • Total Tax: 1069.0000
  • Taxable Value: 11824.0000

Multi Family

  • Gross Scheduled Income: 26400.00
  • Number Of Units Total: 4
  • Unit Count: 1
  • Number of One 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
Feb 8, 2021
Closed on
Jul 7, 2021
Sold by
Mattis Apartments Llc
Bought by
Mattis Apartments Llc and Mattis Properties Llc
Seller's Agent
Patricia Phillips
Real Estate One-Southfield
Buyer's Agent
Sepehr Faridian
21 United Realty
List Price
$65,000
Sold Price
$114,500
Premium/Discount to List
$49,500
76.15%
Current Estimated Value
$201,460

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,960
Avg. Annual Appreciation
14.22%

Purchase Details

Closed on
May 11, 2011
Sold by
Hitchcock Agnes
Bought by
Alexander Wallace

Purchase Details

Closed on
Mar 31, 2011
Sold by
Charter County Of Wayne
Bought by
Alexander Wallace and Hitchcock Agnes

Purchase Details

Closed on
Mar 2, 2007
Sold by
Cox Eric
Bought by
Jones Hazel O

Purchase Details

Closed on
Jul 24, 2003
Sold by
Jones Hazel Ophelia
Bought by
Cox Eric
Source: Public Records

Range of Values:

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Average Value
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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
Mattis Apartments Llc -- None Available
Mattis Apartments Llc -- None Listed On Document
Mattis Apartments Llc $114,500 None Available
Mattis Apartments Llc $114,500 Capital Title
Alexander Wallace $500 None Available
Alexander Wallace $500 None Available
Jones Hazel O -- None Available
Cox Eric -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/09/2021 07/09/21 Sold $114,500 +76.2% $31 / Sq Ft
02/11/2021 02/11/21 Pending -- -- --
02/08/2021 02/08/21 For Sale $65,000 -- $17 / 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 $1,278 $55,400 $0 $0
2024 $1,278 $46,100 $0 $0
2023 $1,241 $36,300 $0 $0
2022 $1,322 $29,400 $0 $0
2021 $1,082 $21,500 $0 $0
2020 $1,071 $18,700 $0 $0
2019 $1,056 $14,200 $0 $0
2018 $1,006 $11,500 $0 $0
2017 $211 $11,100 $0 $0
2016 $1,685 $43,500 $0 $0
2015 $2,000 $20,000 $0 $0
2013 $2,775 $27,746 $0 $0
2010 -- $39,754 $675 $39,079
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2210006746

Realcomp

APN: 06-001832