NOT LISTED FOR SALE

Estimated Value: $101,374 - $116,000

5 Beds
2 Baths
2,496 Sq Ft
$44/Sq Ft Est. Value

Last Sold March 29, 2024

Last sale price $100,000 $40 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $690/month

6 Days on Market

Highlights

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

About This Home

As of March 2024

Welcome to this fantastic investment opportunity – a well-maintained 2-family multi-unit property with a detached 1-car garage! Situated in a desirable location, this property offers the perfect blend of functionality and potential for both investors and owner-occupants alike.

BATVAI

Last Listed By

LaShawn Peterson

EXP Realty Main License #6501404511 Listed on: 03/11/2024

EXP Realty Main

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1925

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 35.00 x 108.00

Parking

  • 1 Car Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 2 Full Bathrooms
  • 2,496 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units
  • Westlawn Subdivision

Listing and Financial Details

  • Assessor Parcel Number W16I031058S

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,183

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Assessment: 340.00
  • Year Built: 1925
  • State Equalized Value: 23100.0000
  • Pets Allowed: No
  • 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: 2496
  • Total Sq Ft: 2496
  • Sq Ft Total Bsmt: 1248

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Poured
  • Frontage Feet: 35
  • Road Frontage Type: Paved

Garage/Parking

  • Garage: Yes
  • Total Parking Spaces: 1

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Schools

  • School District: Detroit

Lot Info

  • Lot Size Area: 0.09
  • Lot Dimensions: 35.00 x 108.00
  • Parcel Number: W16I031058S
  • Zoning: Multi-Family
  • Percent Homestead Exempt: Yes

Tax Info

  • Tax Amount Summer: 1095.0000
  • Tax Amount Winter: 88.0000
  • Total Tax: 1183.0000
  • Taxable Value: 9809.0000

Multi Family

  • Number Of Units Total: 2
  • Number of Three Bedroom Units: 1
  • Number of Two Bedroom Units: 1

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 12, 2025
Sold by
Threatt Letez and Threatt Shera
Bought by
Stay Humble Property Management Llc
Total Days on Market
6
Current Estimated Value
$110,094

Purchase Details

Listed on
Mar 11, 2024
Closed on
Mar 29, 2024
Sold by
Lee Myrtle
Bought by
Threatt Letez and Threatt Shera
Seller's Agent
LaShawn Peterson
EXP Realty Main
Buyer's Agent
Susan Massaway
RESULTS REALTY
List Price
$100,000
Sold Price
$100,000
Views
80

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.64%

Purchase Details

Closed on
Aug 8, 2003
Sold by
William W Lee Jr & Myrtle Lee Revocable
Bought by
Lee William W

Purchase Details

Closed on
Nov 15, 2002
Sold by
Lee Myrtle
Bought by
Lee William W

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
Stay Humble Property Management Llc -- None Listed On Document
Stay Humble Property Management Llc -- None Listed On Document
Threatt Letez $100,000 None Listed On Document
Lee William W -- Title Direct
Lee William W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lee William W $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2024 03/29/24 Sold $100,000 0.0% $40 / Sq Ft
03/18/2024 03/18/24 Pending -- -- --
03/11/2024 03/11/24 For Sale $100,000 -- $40 / 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
2024 $876 $28,400 $0 $0
2023 $1,095 $23,100 $0 $0
2022 $1,157 $20,400 $0 $0
2021 $1,130 $14,800 $0 $0
2020 $1,129 $13,000 $0 $0
2019 $1,035 $13,300 $0 $0
2018 $920 $15,300 $0 $0
2017 $159 $17,800 $0 $0
2016 $1,003 $67,000 $0 $0
2015 $980 $9,800 $0 $0
2013 $1,012 $13,729 $0 $0
2010 -- $19,671 $645 $19,026
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20240014639

Realcomp

APN: 16-031058