NOT LISTED FOR SALE

Estimated Value: $57,000 - $60,000

3 Beds
2 Baths
1,144 Sq Ft
$51/Sq Ft Est. Value

Last Sold December 19, 2022

Last sale price $43,000 $38 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $427/month

51 Days on Market

Highlights

  • Bungalow
  • Forced Air Heating System
  • 1 Car Garage
  • Cass Technical High School Rated 10

About This Home

As of December 2022

Attention Investors. Your chance to own a fully occupied multi family producing income from the date of purchase. This includes a 2 bedroom 1 bath lower unit and a 1 bed 1 bath upper unit. Schedule your showings.

Last Agent to Sell the Property

Omar Ghazzawi

Keller Williams Legacy License #6501370114 Listed on: 10/17/2022

Keller Williams Legacy

Last Buyer's Agent

Omar Ghazzawi

Keller Williams Legacy License #6501370114 Listed on: 10/17/2022

Keller Williams Legacy

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1926

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 35.00 x 124.00

Parking

  • 1 Car Garage

Home Design

  • Bungalow
  • Brick Foundation
  • Vinyl Construction Material

Interior Spaces

  • 2 Full Bathrooms
  • 1,144 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number W22I062950S

Community Details

Overview

  • 2 Units
  • Frischkorns Grand Dale No 3 Subdivision

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Bungalow
  • Architecture Level: 2 Story
  • Assessment: 240.00
  • Year Built: 1926
  • State Equalized Value: 16500.0000
  • Pets Allowed: Call
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 1144
  • Total Sq Ft: 1144
  • Sq Ft Total Bsmt: 763

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Foundation Materials: Brick/Mortar
  • Frontage Feet: 10
  • Road Frontage Type: Paved

Garage/Parking

  • Garage: Yes
  • Total Parking Spaces: 1

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Sewer at Street
  • Water Source: Water at Street

Schools

  • School District: Detroit

Lot Info

  • Lot Size Area: 0.10
  • Lot Dimensions: 35.00 x 124.00
  • Parcel Number: W22I062950S
  • Zoning: Multi-Family

Rental Info

  • Rent Includes: Trash Collection (Garbage Pickup), Water
  • Monthly Rental Income: 1425

Tax Info

  • Tax Amount Summer: 1261.0000
  • Tax Amount Winter: 120.0000
  • Total Tax: 1381.0000
  • Taxable Value: 13093.0000

Multi Family

  • Gross Scheduled Income: 17100.00
  • Number Of Units Total: 2
  • Number of One Bedroom Units: 1
  • Number of Two Bedroom Units: 1
  • Number Of Units Leased: 2

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 2, 2024
Sold by
Nation Construction Llc
Bought by
Ljja Property Llc
Current Estimated Value
$58,463

Purchase Details

Listed on
Oct 17, 2022
Closed on
Dec 19, 2022
Sold by
Young Jermaine
Bought by
Nations Construction Llc
Seller's Agent
Omar Ghazzawi
Keller Williams Legacy
Buyer's Agent
Omar Ghazzawi
Keller Williams Legacy
List Price
$49,900
Sold Price
$43,000
Premium/Discount to List
-$6,900
-13.83%
Views
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
9.72%

Purchase Details

Listed on
Oct 12, 2018
Closed on
Apr 11, 2019
Sold by
Williams Willa Jean and Williams Willa J
Bought by
Young Jermaine
Seller's Agent
Kevin Brennan
Sine & Monaghan LLC
Buyer's Agent
Kevin Brennan
Sine & Monaghan LLC
List Price
$39,900
Sold Price
$35,000
Premium/Discount to List
-$4,900
-12.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.74%
Original Mortgage
$26,250
Interest Rate
4.4%
Mortgage Type
New Conventional
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
Ljja Property Llc $50,000 None Listed On Document
Ljja Property Llc $50,000 None Listed On Document
Nations Construction Llc $43,000 --
Young Jermaine $35,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Young Jermaine $26,250
Previous Owner Williams Rodney D $49,000
Previous Owner Williams Rodney D $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/19/2022 12/19/22 Sold $43,000 -13.8% $38 / Sq Ft
12/07/2022 12/07/22 Pending -- -- --
10/17/2022 10/17/22 For Sale $49,900 +42.6% $44 / Sq Ft
04/12/2019 04/12/19 Sold $35,000 0.0% $31 / Sq Ft
02/27/2019 02/27/19 Pending -- -- --
01/22/2019 01/22/19 Price Changed $35,000 -12.3% $31 / Sq Ft
10/12/2018 10/12/18 For Sale $39,900 -- $35 / 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 $1,337 $30,300 $0 $0
2024 $1,337 $25,800 $0 $0
2023 $1,298 $20,400 $0 $0
2022 $1,384 $16,500 $0 $0
2021 $1,347 $12,800 $0 $0
2020 $1,346 $12,500 $0 $0
2019 $548 $10,700 $0 $0
2018 $602 $10,300 $0 $0
2017 $63 $9,900 $0 $0
2016 $634 $3,900 $0 $0
2015 $390 $3,900 $0 $0
2013 $482 $4,822 $0 $0
2010 -- $7,476 $642 $6,834
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20221052747

Realcomp

APN: 22-062950