NOT LISTED FOR SALE

Estimated Value: $141,000 - $189,000

4 Beds
2 Baths
-- Sq Ft
5,663 Sq Ft

Last Sold March 20, 2017

Last sale price $55,500

Est. 205% increase in value since last sale

Current estimated payment $1,124/month

7 Days on Market

Highlights

  • Forced Air Heating System
  • Sharp Park Academy Rated A-
  • 4-minute walk to Bloomfield Park

About This Home

As of March 2017

Terrific two unit in great location near Queens schools. Both units have main floor entry. 2 bedrooms in each. Separate laundry facilities. Shared drive but garage parking for each unit. Separate utilities. Currently renting and earning income. City certified 2014 approx. Don't miss the potential this property could offer you and your future!

Last Agent to Sell the Property

CHRISTOPHER RANKIN

RE/MAX Platinum - Brighton License #6502103141 Listed on: 03/02/2017

RE/MAX Platinum - Brighton

Last Buyer's Agent

Kevin Reeve

Production Realty License #6501393735

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1936

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 132x51

Basement

  • Partial Basement
  • Crawl Space

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for electricity, gas, trash collection
  • The owner pays for water

Community Details

Overview

  • 2 Units
  • Hall & Kennedy Subdivision

Building Details

  • Operating Expense $2,934
  • Gross Income $14,400
  • Net Operating Income $26,346

Property Details

Home Type

Apartment

Year Built

Built in 1936

Lot Details

5,663 Sq Ft Lot

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1936
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Crawl Space, Partial

Exterior Features

  • List Price: 50000.0
  • Road Surface Type: Paved
  • Water Body Name: None
  • Waterfront: No

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Water Source: Public Water

Lot Info

  • Lot Size Acres: 0.13
  • Lot Size Area: 0.13
  • Lot Dimensions: 132x51

Rental Info

  • Owner Pays: Water
  • Tenant Pays: Electricity, Gas, Trash Collection

Multi Family

  • Gross Income: 14400.0
  • Net Operating Income: 26345.76
  • Number of Units Total: 2
  • Operating Expense: 2934.24

Tax Info

  • Tax Annual Amount: 1974.24
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2017
Closed on
Mar 16, 2017
Sold by
Peterson Robert L and Peterson Marjorie J
Bought by
Baldwin Abigale
Seller's Agent
CHRISTOPHER RANKIN
RE/MAX Platinum - Brighton
Buyer's Agent
Kevin Reeve
Production Realty
Sold Price
$55,500
Current Estimated Value
$169,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,500
Avg. Annual Appreciation
13.25%

Purchase Details

Closed on
Mar 12, 2014
Sold by
Peterson Robert L and Peterson Marjorie L
Bought by
Peterson Robert L and Peterson Marjorie

Purchase Details

Closed on
Feb 5, 2014
Sold by
Peterson Robert L
Bought by
Peterson Robert L and Peterson Marjorie J
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

Date Buyer Sale Price Title Company
Baldwin Abigale $55,500 Attorney
Peterson Robert L -- None Available
Peterson Robert L -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/20/2017 03/20/17 Sold $55,500 -- --
03/09/2017 03/09/17 Pending -- -- --
Source: MichRIC

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 $3,077 $63,500 $0 $0
2024 $27 $54,700 $0 $0
2023 $2,554 $42,700 $0 $0
2022 $2,829 $43,100 $0 $0
2021 $2,799 $39,600 $0 $0
2020 $2,920 $41,250 $0 $0
2019 $2,927 $41,700 $0 $0
2018 $2,862 $41,750 $0 $0
2017 $2,016 $38,650 $0 $0
2016 $1,738 $39,300 $39,300 $0
2015 $1,895 $43,150 $43,150 $0
2014 $1,895 $30,550 $30,550 $0
2013 -- $30,550 $30,550 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 21035001

MichRIC

APN: 3-111600000

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