NOT LISTED FOR SALE

1235 W Euclid St Detroit, MI 48202

Virginia Park Community Neighborhood

Estimated Value: $122,690 - $164,000

4 Beds
2 Baths
2,202 Sq Ft
$65/Sq Ft Est. Value

Last Sold October 04, 2017

Last sale price $31,500 $14 Per Sq Ft

Est. 356% increase in value since last sale

Current estimated payment $884/month

27 Days on Market

Highlights

  • Forced Air Heating System
  • Cass Technical High School Rated 10
  • 1-minute walk to 360 Park

About This Home

As of October 2017

Don't miss this investment opportunity to own a large multi-family in historic Virginia Park! This multi-unit features two 2 bedroom units, spacious rooms in both units and includes the vacant lot next door 1241 W Euclid W06I001846S. This property is located near the planned $143 million dollar development of the Herman Kiefer Hospital Complex in addition to walking distance to Boston Edison District and is in close proximity to Wayne State University. This property is being sold "as is".

Last Agent to Sell the Property

Luke Boyea

Real Broker LLC Troy License #6501404566 Listed on: 08/09/2017

Real Broker LLC Troy

Co-Listed By

Darin Mcleskey

Denovo Real Estate License #6502404119

Last Buyer's Agent

Luke Boyea

Real Broker LLC Troy License #6501404566 Listed on: 08/09/2017

Real Broker LLC Troy

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1914

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 30.00x112.00

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 2 Full Bathrooms
  • 2,202 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

Community Details

  • 2 Units
  • Bessenger & Moores Euclid Ave Subdivision

Listing and Financial Details

  • Assessor Parcel Number W06I001845S

Property Details

Home Type

Multi-Family

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Year Built: 1914
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Common, Unfinished
  • Sq Ft Combined: 2202
  • Total Sq Ft: 2202
  • Sq Ft Total Bsmt: 880

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block
  • Frontage Feet: 30
  • Road Frontage Type: Paved

Utilities

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

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 443750.0000
  • Lot Size Area: 0.08
  • Lot Dimensions: 30.00X112.00
  • Parcel Number: W06I001845S
  • Zoning: Residential

Tax Info

  • Tax Amount Summer: 875.0000
  • Tax Amount Winter: 79.0000
  • Total Tax: 954.0000

Multi Family

  • Number Of Units Total: 2
  • Unit Count: 1
  • Number of Two Bedroom Units: 2

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2017
Closed on
Sep 29, 2017
Sold by
Eig Detroit Llc
Bought by
The Home Merchants Inc
Seller's Agent
Luke Boyea
Real Broker LLC Troy
Buyer's Agent
Luke Boyea
EXP Realty LLC
List Price
$37,500
Sold Price
$31,500
Premium/Discount to List
-$6,000
-16%
Total Days on Market
27
Current Estimated Value
$143,673

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,173
Avg. Annual Appreciation
21.88%
Original Mortgage
$45,670
Interest Rate
3.82%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 15, 2016
Sold by
Ellis Brett and Ellis Hannah
Bought by
Eig Detroit Llc

Purchase Details

Closed on
Nov 10, 2015
Sold by
Treasurer Of The Charter County Of Wayne
Bought by
Ellis Hannah and Ellis Brett

Purchase Details

Closed on
Apr 14, 2009
Sold by
Edwards Carl Leonard
Bought by
Porter Iris
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 Buyer Sale Price Title Company
The Home Merchants Inc $31,500 Regions Title Agenyc Llc
The Home Merchants Inc $31,500 Regions Title Agency Llc
Eig Detroit Llc $150 None Available
Ellis Hannah $5,018 None Available
Porter Iris -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Home Merchants Inc $131,250
Closed The Home Merchants Inc $65,250
Closed Home Merchants Inc A Nevada Corporation $45,670
Closed The Home Merchants Inc $45,670
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2017 10/04/17 Sold $31,500 -11.3% $14 / Sq Ft
09/05/2017 09/05/17 Pending -- -- --
08/21/2017 08/21/17 Price Changed $35,500 -5.3% $16 / Sq Ft
08/09/2017 08/09/17 For Sale $37,500 -- $17 / 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
2024 $940 $29,300 $0 $0
2023 $911 $23,100 $0 $0
2022 $966 $18,700 $0 $0
2021 $942 $13,600 $0 $0
2020 $942 $11,900 $0 $0
2019 $1,143 $9,000 $0 $0
2018 $925 $7,600 $0 $0
2017 $132 $7,400 $0 $0
2016 $954 $28,800 $0 $0
2015 $689 $8,800 $0 $0
2013 $667 $12,244 $0 $0
2010 -- $17,544 $450 $17,094
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2017

    Luke Boyea

    Real Broker LLC Troy

    (231) 818-9328

    1 in this area

    64 Total Sales

    Luke Boyea
    Section Image
  • Darin Mcleskey

    Seller Co-Listing Agent in 2017

    Darin Mcleskey

    Denovo Real Estate

    (313) 769-8164

    2 in this area

    63 Total Sales

    Darin Mcleskey
    Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 217070959

Realcomp

APN: 06-001845

Michigan Wayne County Detroit 48202 Virginia Park Community

1235 W Euclid St, Detroit, MI

This home is located at 1235 W Euclid St, Detroit, MI 48202 since 09 August 2017 and is currently estimated at $143,673, approximately $65 per square foot. This property was built in 1914. 1235 W Euclid St is a home located in Wayne County with nearby schools including Thirkell Elementary School, Charles L. Spain Elementary-Middle School, and Edward 'Duke' Ellington Conservatory of Music and Art.

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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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