NOT LISTED FOR SALE

12181 Otsego St Detroit, MI 48204

Nardin Park Neighborhood

Estimated Value: $93,000 - $116,000

4 Beds
2 Baths
2,112 Sq Ft
$49/Sq Ft Est. Value

Last Sold April 26, 2014

Last sale price $2,000 $1 Per Sq Ft

Est. 5,092% increase in value since last sale

Current estimated payment $741/month

48 Days on Market

Highlights

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

About This Home

As of April 2014

Great cash flow for investors!!Sale is a Quit Claim Deed Tax Property. The Buyer is responsible for all back taxes,water bill and city inspection. $1000 EMD to be held by the listing Broker. Buyer to pay a $499 buyer compliance fee. BATVAI!!!!!Also have a package deal on 7 properties with 5 occupied with good paying tenants!!!!!!!!Excellent price!!!!

Last Agent to Sell the Property

Willie Webber

Pioneer Realty Group, Inc License #6502358991 Listed on: 03/06/2014

Last Buyer's Agent

Willie Webber

Pioneer Realty Group, Inc License #RCO-6502358991

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 33.00x100.00

Parking

  • Garage

Home Design

  • Brick Exterior Construction
  • Brick Foundation
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 2 Full Bathrooms
  • 2,112 Sq Ft Home
  • 2-Story Property
  • Basement

Utilities

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

Community Details

  • 2 Units
  • Stacks Lovett Ave Subdivision

Listing and Financial Details

  • Assessor Parcel Number W14I007198S

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Level: 2 Story
  • Assessment: 340
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Sq Ft Combined: 2112
  • Total Sq Ft: 2112
  • Sq Ft Total Bsmt: 300

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block, Brick/Mortar
  • Road Frontage Type: Paved

Garage/Parking

  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Sewer at Street
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 25000.0000
  • Lot Size Area: 0.08
  • Lot Dimensions: 33.00X100.00
  • Parcel Number: W14I007198S
  • Zoning: Residential
  • Percent Homestead Exempt: Yes

Tax Info

  • Tax Amount Summer: 971.0000
  • Tax Amount Winter: 981.0000
  • Total Tax: 1952.0000

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

Closed on
Apr 4, 2025
Sold by
Detroit Land Bank Authority
Bought by
Pierson Ashlee
Total Days on Market
48
Current Estimated Value
$103,850

Purchase Details

Closed on
Feb 21, 2023
Sold by
Burleigh Arieal
Bought by
Detroit Land Bank Authority

Purchase Details

Closed on
May 10, 2021
Sold by
Detroit Land Bank Authority
Bought by
Burleigh Arial

Purchase Details

Closed on
Nov 30, 2017
Sold by
Sabree Eric R
Bought by
Detroit Land Bank Authority

Purchase Details

Listed on
Mar 6, 2014
Closed on
Apr 26, 2014
Sold by
Elite Property Management Llc
Bought by
Graham Garfield
Seller's Agent
Willie Webber
Pioneer Realty Group, Inc
Buyer's Agent
Willie Webber
Pioneer Realty Group, Inc
List Price
$4,000
Sold Price
$2,000
Premium/Discount to List
-$2,000
-50%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
38.62%

Purchase Details

Closed on
Dec 11, 2012
Sold by
Wayne County Treasurer
Bought by
Elite Property Management
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
Pierson Ashlee $17,100 None Listed On Document
Detroit Land Bank Authority -- None Listed On Document
Burleigh Arial $6,100 None Available
Detroit Land Bank Authority -- None Available
Graham Garfield -- None Available
Elite Property Management $1,100 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ward Saundra J $65,600
Previous Owner Ward Saundra J $52,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2014 04/26/14 Sold $2,000 -50.0% $1 / Sq Ft
04/23/2014 04/23/14 Pending -- -- --
03/06/2014 03/06/14 For Sale $4,000 -- $2 / 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 $2,160 $0 $0 $0
2024 $2,160 $15,500 $0 $0
2023 $1,318 $12,700 $0 $0
2022 $1,441 $12,600 $0 $0
2021 $2,645 $0 $0 $0
2020 $0 $0 $0 $0
2019 $946 $0 $0 $0
2018 $0 $9,100 $0 $0
2017 $157 $8,300 $0 $0
2016 $1,274 $27,800 $0 $0
2015 $1,110 $11,100 $0 $0
2013 $928 $15,351 $0 $0
2010 -- $21,996 $557 $21,439
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2014

    Willie Webber

    Pioneer Realty Group, Inc

See All Agents

Map

Source: Realcomp

MLS Number: 214019266

Realcomp

APN: 14-007198

Michigan Wayne County Detroit 48204 Nardin Park

12181 Otsego St, Detroit, MI

This home is located at 12181 Otsego St, Detroit, MI 48204 since 06 March 2014 and is currently estimated at $103,850, approximately $49 per square foot. This property was built in 1925. 12181 Otsego St is a home located in Wayne County with nearby schools including Durfee Elementary-Middle School, Charles L. Spain Elementary-Middle School, and Edward 'Duke' Ellington Conservatory of Music and Art.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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