NOT LISTED FOR SALE

Estimated Value: $123,000 - $144,000

6 Beds
2 Baths
2,284 Sq Ft
$58/Sq Ft Est. Value

Last Sold September 19, 2022

Last sale price $120,000 $53 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $834/month

6 Days on Market

Highlights

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

About This Home

As of September 2022

Recently remodeled multi-family property consists of 2 large units with 2 bedrooms and 2 bathrooms. This two-family home gives each resident their own private entrance with a shared drive and common basement area. Each unit features 2 bedrooms and a full bath with living and dining rooms. Easy access to all major freeways, restaurants and other retail. Submit your offers and move right in! Located near the Russell Woods area of Detroit, the property is minutes from Downtown, midtown, and the medical center. Earn a significant return on your investment. Don't miss this one! BATVAI

Last Agent to Sell the Property

Future Davis

EXP Realty Main License #6501382733 Listed on: 08/05/2022

EXP Realty Main

Last Buyer's Agent

Juanita Manson

EXP Realty Main License #6501358173

EXP Realty Main

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,279

Year Built

  • Built in 1924

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 35.00 x 105.00

Parking

  • Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • 2 Full Bathrooms
  • 2,284 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number W16I032530S

Community Details

Overview

  • 2 Units
  • Westlawn Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,279

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1924
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished, Common
  • Sq Ft Combined: 2284
  • Total Sq Ft: 2284
  • Sq Ft Total Bsmt: 1125

Exterior Features

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

Garage/Parking

  • Garage: Yes

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: 0.08
  • Lot Dimensions: 35.00 x 105.00
  • Parcel Number: W16I032530S
  • Zoning: Residential

Rental Info

  • Monthly Rental Income: 2200

Multi Family

  • Gross Scheduled Income: 26400.00
  • Number Of Units Total: 2
  • Number of Three Bedroom Units: 2

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2022
Closed on
Sep 21, 2022
Sold by
Brown Kinsey
Bought by
Ali Asia C
Seller's Agent
Future Davis
EXP Realty Main
Buyer's Agent
Juanita Manson
EXP Realty Main
List Price
$150,000
Sold Price
$120,000
Premium/Discount to List
-$30,000
-20%
Views
3
Current Estimated Value
$133,590

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,590
Avg. Annual Appreciation
1.78%
Original Mortgage
$117,826
Outstanding Balance
$113,481
Interest Rate
5.22%
Mortgage Type
FHA
Estimated Equity
$12,953

Purchase Details

Closed on
Nov 18, 2020
Sold by
Detroit Land Bank Authority
Bought by
Brown Kinsey

Purchase Details

Closed on
Jan 6, 2015
Sold by
Wayne County Treasurer
Bought by
Detroit Land Bank Authority

Purchase Details

Closed on
Feb 28, 2012
Sold by
Carter Joyce
Bought by
Interstate Towing & Leasing Llc

Purchase Details

Closed on
Nov 29, 2010
Sold by
Wojtowicz Raymond J
Bought by
Carter Joyce

Purchase Details

Closed on
Jul 23, 2003
Sold by
Swavy Gay Yvette
Bought by
Graham Shoron

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,350
Interest Rate
9.8%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Ali Asia C $120,000 --
Brown Kinsey $7,600 None Available
Detroit Land Bank Authority -- None Available
Interstate Towing & Leasing Llc $1,000 None Available
Carter Joyce $500 None Available
Graham Shoron $53,000 Crossroads Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ali Asia C $4,518
Closed Ali Asia C $4,882
Open Ali Asia C $117,826
Previous Owner Graham Shoron $50,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2022 09/19/22 Sold $120,000 -20.0% $53 / Sq Ft
08/12/2022 08/12/22 Pending -- -- --
08/05/2022 08/05/22 For Sale $150,000 -- $66 / 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 $1,279 $29,400 $0 $0
2024 $1,279 $23,600 $0 $0
2023 $1,487 $14,900 $0 $0
2022 $0 $0 $0 $0
2021 $0 $0 $0 $0
2020 $0 $0 $0 $0
2019 $0 $0 $0 $0
2018 $0 $0 $0 $0
2017 $868 $0 $0 $0
2016 $340 $0 $0 $0
2015 $868 $9,100 $0 $0
2013 $841 $12,736 $0 $0
2010 -- $18,248 $637 $17,611
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20221026488

Realcomp

APN: 16-032530