NOT LISTED FOR SALE

12602 Goulburn Ave Detroit, MI 48205

Gratiot-Findlay Neighborhood

Estimated Value: $69,000 - $197,000

8 Beds
4 Baths
3,696 Sq Ft
$41/Sq Ft Est. Value

Last Sold June 17, 2019

Last sale price $35,000 $9 Per Sq Ft

Est. 310% increase in value since last sale

Current estimated payment $1,006/month

103 Days on Market

Highlights

  • Lobby
  • Forced Air Heating System
  • High Speed Internet
  • Cass Technical High School Rated 10

About This Home

As of June 2019

INVESTOR SPECIAL! FOUR UNIT MULTIFAMILY APARTMENT BUILDING. MOTIVATED SELLER! – This apartment block has 4 two bedroom apartments each with their own utilities! Each apartment can rent for $550 per month, that is $2,200 per month total or $26,400 total per annum. Water damage in 2 of the units. Property sold as is. Property is on the NE corner of Goulburn & Nashville. The address on the building is actually 12805 Nashville.

Last Agent to Sell the Property

Hivenna Crockett

Great Lakes Real Estate Agency LLC License #6501355199 Listed on: 01/31/2019

Last Buyer's Agent

Durrall Williams

Berkshire Hathaway HomeServices The Loft Warehouse License #RCO-6501409691

Berkshire Hathaway HomeServices The Loft Warehouse

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1928 | Remodeled in 2016

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40.00x121.00

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 4 Full Bathrooms
  • 3,696 Sq Ft Home
  • 2-Story Property

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Natural lighting in basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number W21I032035S

Community Details

Overview

  • 4 Units
  • Gratiot Highlands Sub Subdivision

Amenities

  • Lobby

Property Details

Home Type

Multi-Family

Year Built

Built in 1928 | Remodeled in 2016

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Common Entry Building
  • Architecture Level: 2 Story
  • Assessment: 340
  • Year Built: 1928
  • Year Renovated: 2016
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: High Spd Internet Avail
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement: Yes
  • Basement Type: Common, Daylight, Interior Entry (Interior Access)
  • Sq Ft Combined: 3696
  • Total Sq Ft: 3696
  • Sq Ft Total Bsmt: 1000

Exterior Features

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

Garage/Parking

  • MF Parking: On Street

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Electric
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 409090.9091
  • Lot Size Area: 0.11
  • Lot Dimensions: 40.00X121.00
  • Parcel Number: W21I032035S
  • Zoning: Multi-Family

Rental Info

  • Monthly Rental Income: 2200

Tax Info

  • Tax Amount Summer: 1957.0000
  • Tax Amount Winter: 204.0000
  • Total Tax: 2161.0000

Multi Family

  • Gross Scheduled Income: 26400.00
  • Number Of Units Total: 4
  • Unit Count: 1
  • Number of Two Bedroom Units: 4

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2019
Closed on
Jun 11, 2019
Sold by
Avells Victor
Bought by
Dorsey Richard
Seller's Agent
Hivenna Crockett
Great Lakes Real Estate Agency LLC
Buyer's Agent
Durrall Williams
Berkshire Hathaway HomeServices The Loft Warehouse
List Price
$52,000
Sold Price
$35,000
Premium/Discount to List
-$17,000
-32.69%
Current Estimated Value
$143,567

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,567
Avg. Annual Appreciation
23.77%

Purchase Details

Closed on
Mar 22, 2017
Sold by
Victor Avetis Roebrt and Victor Avetis
Bought by
Avetis Property Investments Llc

Purchase Details

Closed on
Mar 24, 2016
Sold by
Dolphin Group Properties Llc
Bought by
Pioneer Investments Llc

Purchase Details

Closed on
May 20, 2015
Sold by
Thorne Properties Inc
Bought by
Dolphin Group Properties Llc

Purchase Details

Closed on
Mar 21, 2012
Sold by
Savy One Investments
Bought by
Thorne Properties Inc

Purchase Details

Closed on
Nov 17, 2011
Sold by
Wojtowicz Raymond J
Bought by
Savy One Investments

Purchase Details

Closed on
Dec 21, 2010
Sold by
Young Leroy and Young Erica
Bought by
Mccee Patrick

Purchase Details

Closed on
Apr 28, 2010
Sold by
Young Leroy
Bought by
Young Leroy and Young Rayanna

Purchase Details

Closed on
Feb 13, 2009
Sold by
Zitadelle Properties Inc
Bought by
Young Leroy

Purchase Details

Closed on
Apr 5, 2006
Sold by
Hampton Archie M
Bought by
Lasalle Bank National Assn

Purchase Details

Closed on
Dec 7, 2004
Sold by
Mitchell Dave and Mitchell Naomi
Bought by
Hampton Archie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,850
Interest Rate
8.74%
Mortgage Type
Unknown
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
Dorsey Richard $35,000 Interstate Title Inc
Avetis Property Investments Llc -- None Available
Pioneer Investments Llc -- None Available
Avetis Victor $71,000 None Available
Dolphin Group Properties Llc $17,400 Attorney
Thorne Properties Inc $1,000 None Available
Savy One Investments $500 None Available
Mccee Patrick $3,000 None Available
Young Leroy -- None Available
Young Leroy $5,000 First American Title Ins Co
Lasalle Bank National Assn $78,249 None Available
Hampton Archie M $76,500 Transnation Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hampton Archie M $68,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2019 06/17/19 Sold $35,000 -22.2% $9 / Sq Ft
05/14/2019 05/14/19 Pending -- -- --
04/04/2019 04/04/19 Price Changed $45,000 -8.2% $12 / Sq Ft
02/21/2019 02/21/19 Price Changed $49,000 -5.8% $13 / Sq Ft
01/31/2019 01/31/19 For Sale $52,000 -- $14 / 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 $2,642 $67,600 $0 $0
2024 $2,642 $61,100 $0 $0
2023 $2,568 $49,400 $0 $0
2022 $2,758 $36,500 $0 $0
2021 $2,674 $28,100 $0 $0
2020 $2,674 $27,500 $0 $0
2019 $2,143 $23,000 $0 $0
2018 $1,957 $21,000 $0 $0
2017 $408 $21,500 $0 $0
2016 $945 $8,000 $0 $0
2015 $800 $8,000 $0 $0
2013 $1,111 $11,112 $0 $0
2010 -- $16,291 $729 $15,562
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2019

    Hivenna Crockett

    Great Lakes Real Estate Agency LLC

    Section Image
  • Durrall Williams

    Buyer's Agent in 2019

    Durrall Williams

    Berkshire Hathaway HomeServices The Loft Warehouse

    (313) 465-9103

    12 Total Sales

    Section Image
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Map

Source: Realcomp

MLS Number: 219009421

Realcomp

APN: 21-032035

Michigan Wayne County Detroit 48205 Gratiot-Findlay

12602 Goulburn Ave, Detroit, MI

This home is located at 12602 Goulburn Ave, Detroit, MI 48205 since 31 January 2019 and is currently estimated at $151,530, approximately $40 per square foot. This property was built in 1928. 12602 Goulburn Ave is a home located in Wayne County with nearby schools including Edward 'Duke' Ellington Conservatory of Music and Art, Charles L. Spain Elementary-Middle School, and Bates Academy.

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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