$155,000
SOLD AUG 30, 2024
4 Beds
2 Baths
2,036 Sq Ft
3,485 Sq Ft Lot

Recently Sold

$76 Per Sq Ft

3% Above List Price

1 Day on Market

Highlights

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

About This Home

As of August 2024

Fully renovated multi-unit property, each with 2 bedrooms and 1 bathroom. updated HVAC, kitchens, bathrooms, paint, and flooring – it's all here! Equipped with kitchen appliances, washer, and dryer. Features a 2-car garage, security fence, and a two-story stairway for rear access to both units. Move-in ready from day one! If you're in the market for a rehabbed and turnkey investment property, look no further!

Last Agent to Sell the Property

Charvez Miles

C Miles Realty LLC License #6502401274 Listed on: 07/26/2024

Last Buyer's Agent

Kenaeya Young

C Miles Realty LLC License #6501433168

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1926

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 34.00 x 108.00

Parking

  • 1 Car Garage

Home Design

  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 2 Full Bathrooms
  • 2,036 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Utilities

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

Community Details

  • 2 Units
  • Robert Oakmans Cortland & Ford Highway Subdivision

Listing and Financial Details

  • Assessor Parcel Number W16I019895S
  • $4,600 Seller Concession

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,361

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Assessment: 340.00
  • Year Built: 1926
  • State Equalized Value: 23400.0000
  • 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: 2036
  • Total Sq Ft: 2036
  • Sq Ft Total Bsmt: 1018

Exterior Features

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

Garage/Parking

  • Garage: Yes
  • Total Parking Spaces: 1

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary), Sewer at Street
  • Water Source: Public (Municipal), Water at Street

Schools

  • School District: Detroit

Lot Info

  • Lot Size Area: 0.08
  • Lot Dimensions: 34.00 x 108.00
  • Parcel Number: W16I019895S
  • Zoning: Multi-Family

Tax Info

  • Tax Amount Summer: 2141.0000
  • Tax Amount Winter: 220.0000
  • Total Tax: 2361.0000
  • Taxable Value: 23400.0000

Multi Family

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

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2024
Closed on
Aug 30, 2024
Sold by
J Rapha Management Inc
Bought by
Favors Donavyn and Favors Ernestine
Seller's Agent
Charvez Miles
C Miles Realty LLC
Buyer's Agent
Kenaeya Young
C Miles Realty LLC
List Price
$150,000
Sold Price
$155,000
Premium/Discount to List
$5,000
3.33%
Views
3
Current Estimated Value
$155,300

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$300
Avg. Annual Appreciation
0.20%
Original Mortgage
$131,750
Outstanding Balance
$130,474
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$24,826

Purchase Details

Closed on
May 16, 2023
Sold by
Speights Regina
Bought by
J Raffia Management

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,900
Interest Rate
6.28%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 10, 2023
Sold by
J Rapha Management
Bought by
Speights Regina

Purchase Details

Listed on
Jun 24, 2022
Closed on
Sep 30, 2022
Sold by
Devose Geraldine
Bought by
J Rapha Management Inc
Seller's Agent
Darryl Mack
Century 21 Curran & Oberski
Buyer's Agent
Theodora Brown
Century 21 Curran & Oberski
List Price
$50,000
Sold Price
$44,000
Premium/Discount to List
-$6,000
-12%
Views
9

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
54.25%

Purchase Details

Closed on
Jun 9, 2021
Sold by
Devose Geraldine
Bought by
Devose Geraldine and Devose Cheryl L
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $155,000 None Listed On Document
Quit Claim Deed -- Stewart Title
Quit Claim Deed -- --
Warranty Deed $44,000 Title One
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $131,750 New Conventional
Previous Owner $81,900 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2024 08/30/24 Sold $155,000 +3.3% $76 / Sq Ft
07/27/2024 07/27/24 Pending -- -- --
07/26/2024 07/26/24 For Sale $150,000 0.0% $74 / Sq Ft
10/25/2023 10/25/23 Rented $3,000 +93.5% --
10/16/2023 10/16/23 Under Contract -- -- --
08/26/2023 08/26/23 For Rent $1,550 0.0% --
09/30/2022 09/30/22 Sold $44,000 -12.0% $22 / Sq Ft
09/23/2022 09/23/22 Pending -- -- --
08/17/2022 08/17/22 For Sale $50,000 +13.6% $25 / Sq Ft
08/04/2022 08/04/22 Off Market $44,000 -- --
06/24/2022 06/24/22 For Sale $50,000 -- $25 / 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 $2,330 $34,100 $0 $0
2024 $2,330 $29,600 $0 $0
2023 $2,141 $23,400 $0 $0
2022 $1,957 $18,500 $0 $0
2021 $1,483 $15,500 $0 $0
2020 $1,443 $17,500 $0 $0
2019 $1,367 $16,300 $0 $0
2018 $1,212 $14,100 $0 $0
2017 $210 $13,100 $0 $0
2016 $1,319 $40,900 $0 $0
2015 $1,160 $11,600 $0 $0
2013 $1,199 $16,087 $0 $0
2010 -- $23,050 $836 $22,214
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20240054607

Realcomp

APN: 16-019895