NOT LISTED FOR SALE

Estimated Value: $79,000 - $92,000

1 Bed
2 Baths
2,016 Sq Ft
$43/Sq Ft Est. Value

Last Sold July 19, 2024

Last sale price $86,000 $43 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $536/month

109 Days on Market

Highlights

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

About This Home

As of July 2024

This property is bursting with potential and opportunity! 3 levels of living space. Perfect for an AFC home, an owner investor who can live in one unit and rent the other. Limitless potential. Or convert to a large single family. Located off the bustling Grand River through way right in the development zone.

Last Agent to Sell the Property

Erica Jones

Jones Realty Brokerage LLC License #6501368378 Listed on: 03/23/2024

Last Buyer's Agent

Erica Jones

Jones Realty Brokerage LLC License #RCO-6501368378

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1924

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 35.00 x 112.00

Parking

  • 2 Parking Spaces

Home Design

  • Colonial Architecture
  • Poured Concrete
  • Vinyl Construction Material

Interior Spaces

  • 2 Full Bathrooms
  • 2,016 Sq Ft Home
  • 3-Story Property
  • Unfinished Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units
  • Maidstone Park Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number W16I039984S
  • $5,000 Seller Concession

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,013

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Colonial
  • Architecture Level: 3 Story
  • Assessment: 340.00
  • Year Built: 1924
  • State Equalized Value: 16300.0000
  • Pets Allowed: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 2016
  • Total Sq Ft: 2016
  • Sq Ft Total Bsmt: 1008

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Foundation Materials: Poured
  • Road Frontage Type: Paved

Garage/Parking

  • Total Parking Spaces: 2

Utilities

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

Schools

  • School District: Detroit

Lot Info

  • Lot Size Area: 0.09
  • Lot Dimensions: 35.00 x 112.00
  • Parcel Number: W16I039984S
  • Zoning: Multi-Family

Rental Info

  • Monthly Rental Income: 2600

Tax Info

  • Tax Amount Summer: 940.0000
  • Tax Amount Winter: 73.0000
  • Total Tax: 1013.0000
  • Taxable Value: 7800.0000

Multi Family

  • Gross Scheduled Income: 31200.00
  • Number Of Units Total: 2
  • Number of Four Bedroom Units: 1
  • Number of One Bedroom Units: 1

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2024
Closed on
Jul 19, 2024
Sold by
Henley Steven C
Bought by
Nyx James
Seller's Agent
Erica Jones
Jones Realty Brokerage LLC
Buyer's Agent
Erica Jones
Jones Realty Brokerage LLC
List Price
$80,000
Sold Price
$86,000
Premium/Discount to List
$6,000
7.5%
Views
12
Current Estimated Value
$87,255

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,255
Avg. Annual Appreciation
4.74%
Original Mortgage
$84,442
Outstanding Balance
$83,871
Interest Rate
6.95%
Mortgage Type
FHA
Estimated Equity
$6,628

Purchase Details

Closed on
Nov 15, 2022
Sold by
Wayne County Treasurer
Bought by
Henley Steven C

Purchase Details

Closed on
Dec 3, 2009
Sold by
Dejesus Scenus J
Bought by
Gee Edward

Purchase Details

Closed on
Jan 29, 2007
Sold by
Brooks Tommy
Bought by
Dejesus Scenus D

Purchase Details

Closed on
Jul 21, 2005
Sold by
Daniel Arnold C and Gary Carleatha A
Bought by
Wachovia Bank Na
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
Nyx James $86,000 None Listed On Document
Henley Steven C $4,600 --
Gee Edward $4,500 None Available
Dejesus Scenus D -- None Available
Wachovia Bank Na $48,702 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nyx James $84,442
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2024 07/19/24 Sold $86,000 +7.5% $43 / Sq Ft
07/10/2024 07/10/24 Pending -- -- --
06/29/2024 06/29/24 For Sale $80,000 0.0% $40 / Sq Ft
05/20/2024 05/20/24 Pending -- -- --
05/17/2024 05/17/24 For Sale $80,000 0.0% $40 / Sq Ft
03/31/2024 03/31/24 Pending -- -- --
03/23/2024 03/23/24 For Sale $80,000 -- $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
2025 $717 $24,900 $0 $0
2024 $717 $20,000 $0 $0
2023 $940 $16,300 $0 $0
2022 $989 $14,100 $0 $0
2021 $968 $10,300 $0 $0
2020 $968 $9,000 $0 $0
2019 $956 $9,000 $0 $0
2018 $863 $10,300 $0 $0
2017 $126 $12,100 $0 $0
2016 $927 $46,200 $0 $0
2015 $780 $7,800 $0 $0
2013 $850 $10,934 $0 $0
2010 -- $15,666 $654 $15,012
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20240018535

Realcomp

APN: 16-039984