NOT LISTED FOR SALE

Estimated Value: $208,000 - $267,000

Studio
-- Bath
2,280 Sq Ft
$102/Sq Ft Est. Value

Last Sold November 20, 2023

Last sale price $179,000 $79 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $1,557/month

131 Days on Market

About This Home

As of November 2023

Rare find! Nice all-brick duplex in a residential neighborhood on dead end street. Both units have long-term tenants and under property management. The larger unit is 3 beds and the other 2 beds. Both 1 full baths. Patio doors open to the covered carport. Nice yard and is easily maintained. Rents $850 and $750 below market value. The roof was replaced 5 years ago.

Last Agent to Sell the Property

Darin Revermann

Real Broker LLC License #475.179348 Listed on: 07/07/2023

Last Buyer's Agent

Jamila Seals

Keller Williams Marquee License #475187318

Keller Williams Marquee

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1973

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 85x121

Parking

  • Covered Parking

Home Design

  • 2,280 Sq Ft Home
  • Duplex
  • Brick Veneer

Schools

  • Pontiac-W Holliday Dist 105 Elementary And Middle School
  • Belleville High School-East

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for all utilities, cable tv/satellite, electric, trash removal
  • Assessor Parcel Number 03-27.0-416-007

Property Details

Home Type

Multi-Family

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: Multi-Family 2-4
  • Special Description: No Exemptions
  • Age: 50
  • Ownership: Private
  • Year Built: 1973
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Square Footage: 2280

Exterior Features

  • Construction: Brick Veneer Decrtv

Garage/Parking

  • Parking: Covered

Utilities

  • Sewer: Public
  • Water: Public
  • Water Heater: Gas
  • Cooling: Central-Electric
  • Heating: Forced Air

Schools

  • Elementary School: PONTIAC-W HOLLIDAY DIST 105
  • Junior High School: PONTIAC-W HOLLIDAY DIST 105
  • School District: Pontiac-W Holliday DIST 105
  • Senior High School: Belleville High School-East

Lot Info

  • Lot Dimensions: 85x121
  • Lot Sq Ft: 10454
  • Acres: 0.2400

Rental Info

  • Tenancy Type: Leases
  • Tenant Pays: All Utilities, Cable TV/Satellite, Electric, Trash Removal

Multi Family

  • Gross Operating Income: 19200.00
  • Units: 1
  • Total Expenses: 3780.00
  • Type Of Units: 2-Family

Tax Info

  • Taxes Paid: 3780
  • Assessor Parcel Number: 03-27.0-416-007

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2023
Closed on
Nov 20, 2023
Sold by
Revermann Darin R and Becker John B
Bought by
Mutidi Kahlila
Seller's Agent
Darin Revermann
Real Broker LLC
Buyer's Agent
Jamila Seals
Keller Williams Marquee
List Price
$179,000
Sold Price
$179,000
Views
187
Current Estimated Value
$233,285

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,285
Avg. Annual Appreciation
12.79%
Original Mortgage
$179,000
Outstanding Balance
$175,650
Interest Rate
7.13%
Mortgage Type
VA
Estimated Equity
$57,635

Purchase Details

Closed on
Sep 10, 2008
Sold by
Revermann Darin J and Becker John B
Bought by
Revermann Darin J and Becker John B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,880
Interest Rate
6.54%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Sep 5, 2003
Sold by
Werner Rita
Bought by
Revermann Darin J and Becker John B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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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
Mutidi Kahlila $179,000 Community Title
Revermann Darin J -- Benchmark Title Company
Revermann Darin J $125,000 Benchmark Title Company Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mutidi Kahlila $179,000
Previous Owner Revermann Darin J $111,880
Previous Owner Revermann Darin J $121,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/20/2023 11/20/23 Sold $179,000 0.0% $79 / Sq Ft
11/16/2023 11/16/23 Pending -- -- --
07/07/2023 07/07/23 For Sale $179,000 -- $79 / Sq Ft
Source: MARIS MLS

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 $4,135 $64,045 $6,751 $57,294
2023 $3,833 $56,667 $5,973 $50,694
2022 $3,781 $54,814 $5,854 $48,960
2021 $3,684 $52,025 $5,556 $46,469
2020 $3,637 $49,281 $5,263 $44,018
2019 $3,513 $49,281 $5,263 $44,018
2018 $3,420 $46,836 $5,627 $41,209
2017 $3,308 $44,936 $5,399 $39,537
2016 $3,284 $43,921 $5,277 $38,644
2014 $3,294 $50,027 $6,905 $43,122
2013 $3,400 $50,949 $7,032 $43,917
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS23040142

MARIS MLS

APN: 03-27.0-416-007