NOT LISTED FOR SALE

1171 Seward St Detroit, MI 48202

Virginia Park Community Neighborhood

Estimated Value: $127,432 - $386,000

4 Beds
2 Baths
2,012 Sq Ft
$114/Sq Ft Est. Value

Sale Details

Date Sold: October 3, 2019

Last sale price $82,500 $41 Per Sq Ft

Est. 177% increase in value since last sale

Current estimated payment $1,442 / mo

163 Days on Market

Highlights

  • Heating system powered by renewable energy
  • Walk-Up Access
  • 4-minute walk to 360 Park
  • Hot Water Heating System

About This Home

As of October 2019

INVESTOR SPECIAL!!! 2 FAMILY FLAT IN THE HERMAN KIEFER DEVELOPMENT AREA. NEW CENTER AREA WHERE PROPERTY IS HOT!! GREAT INVESTMENT OPPORTUNITY!! 2 BEDROOMS UPSTAIRS AND 2 BEDROOMS DOWNSTAIRS. HOME SOLD IN AS IS. HAS FIRE DAMAGE SO ENTER WITH CAUTION!! BUYER/BUYER AGENT TO VERIFY ALL INFO. EXCELLENT LOCATION FOR A GROWING DOWNTOWN!!

Last Agent to Sell the Property

William Montanez

RE/MAX Leading Edge License #6501358949 Listed on: 04/09/2019

RE/MAX Leading Edge

Last Buyer's Agent

Matthew Richmond

O'Connor Realty Detroit, LLC License #6501407450

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1916

Lot Details

  • Lot Dimensions are 30.00x110.00

Home Design

  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • 2 Full Bathrooms
  • 2,012 Sq Ft Home
  • 2-Story Property

Unfinished Basement

  • Walk-Out Basement
  • Walk-Up Access

Utilities

  • Heating system powered by renewable energy
  • Forced Air Heating System
  • Back Up Electric Heat Pump System
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Sewer in Street

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$940

Year Built

Built in 1916

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Multifamily
  • Architecture Level: 2 Story
  • Year Built: 1916
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished, Walkout Access, Walk-Up Access
  • Total Sq Ft: 2012

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Brick/Mortar
  • Road Frontage Type: Paved

Utilities

  • Heating Fuel: Electric, Natural Gas
  • Heating: ENERGY STAR® Qualified Furnace Equipment, ENERGY STAR®/ACCA RSI® Qualified Installation, Forced Air, Hot Water
  • Sewer: Sewer at Street, Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal), Water at Street
  • Laundry Facilities: No

Lot Info

  • Lot Dimensions: 30.00X110.00
  • Zoning: Multi-Family

Rental Info

  • Monthly Rental Income: 1200

Tax Info

  • Tax Amount Summer: 86.0000
  • Tax Amount Winter: 854.0000
  • Total Tax: 940.0000

Multi Family

  • Gross Scheduled Income: 14400.00
  • 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
Apr 9, 2019
Closed on
Oct 3, 2019
Sold by
Bought by
Seller's Agent
William Montanez
RE/MAX Leading Edge
Buyer's Agent
Matthew Richmond
O'Connor Realty Detroit, LLC
List Price
$59,900
Sold Price
$82,500
Premium/Discount to List
$22,600
37.73%
Current Estimated Value
$228,858

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,358
Avg. Annual Appreciation
16.11%

Purchase Details

Listed on
Apr 9, 2019
Closed on
Sep 10, 2019
Sold by
Bought by
Seller's Agent
William Montanez
RE/MAX Leading Edge
Buyer's Agent
Matthew Richmond
O'Connor Realty Detroit, LLC
List Price
$59,900
Sold Price
$82,500
Premium/Discount to List
$22,600
37.73%
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
$82,500 None Available
-- None Available
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
10/03/2019 10/03/19 Sold $82,500 +3.3% $41 / Sq Ft
09/19/2019 09/19/19 Pending -- -- --
09/17/2019 09/17/19 Price Changed $79,900 +33.4% $40 / Sq Ft
07/29/2019 07/29/19 For Sale $59,900 0.0% $30 / Sq Ft
04/14/2019 04/14/19 Pending -- -- --
04/09/2019 04/09/19 For Sale $59,900 -- $30 / 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 $2,219 $104,600 $0 $0
2024 $1,944 $93,400 $0 $0
2023 $2,135 $66,000 $0 $0
2022 $2,281 $38,800 $0 $0
2021 $2,813 $25,900 $0 $0
2020 $2,353 $21,200 $0 $0
2019 $695 $16,300 $0 $0
2018 $641 $12,800 $0 $0
2017 $73 $12,000 $0 $0
2016 $678 $29,300 $0 $0
2015 $400 $4,000 $0 $0
2013 $440 $4,396 $0 $0
2010 -- $6,299 $1,026 $5,273
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2019

    William Montanez

    RE/MAX of Southeast Michigan

    (313) 415-8042

    10 Total Sales

    William Montanez
    Section Image

  • M

    Buyer's Agent in 2019

    Matthew Richmond

    O'Connor Realty Detroit, LLC

    Section Image
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Map

Source: Realcomp

MLS Number: 219031102

Realcomp

APN: 06-001715

Michigan Wayne County Detroit 48202 Virginia Park Community

1171 Seward 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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