NOT LISTED FOR SALE

Estimated Value: $67,481 - $98,000

4 Beds
2 Baths
2,288 Sq Ft
$33/Sq Ft Est. Value

Last Sold August 31, 2018

Last sale price $8,000 $3 Per Sq Ft

Est. 885% increase in value since last sale

Current estimated payment $516/month

108 Days on Market

Highlights

  • Deck
  • Covered Patio or Porch
  • Forced Air Heating System
  • Cass Technical High School Rated 10
  • Balcony

About This Home

As of August 2018

** GREAT INVESTMENT OPPORTUNITY ** SOLID BRICK TWO UNIT MULTI-FAMILY DWELLING LOCATED ONE BLOCK FROM LITTLEFIELD PARK AND NOBEL ELEM-MIDDLE SCHOOL. GREAT LOCATION CLOSE TO I-96, DAVISON, GRAND RIVER, LODGE AND SOUTHFIELD FRWY. IN THE CITY'S NEZ TAX QUALIFICATION AREA. HOME AND YARD NEED REHAB-TLC. CASH ONLY. BEING SOLD IN “AS-IS”CONDITION. INTERIOR ACCESS NOW AVAILABLE. MOTIVATED SELLER, MAKE AN OFFER!

Last Agent to Sell the Property

Keith Ferguson

Century 21 Curran & Oberski License #6501390969 Listed on: 04/18/2018

Century 21 Curran & Oberski

Last Buyer's Agent

Rich Howard

Coldwell Banker Metro Real Estate License #6501394011

Coldwell Banker Metro Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1924

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 40x105

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 2 Full Bathrooms
  • 2,288 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Outdoor Features

  • Balcony
  • Deck
  • Covered Patio or Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • 2 Units
  • Greenfield Park No 4 Subdivision

Listing and Financial Details

  • Assessor Parcel Number W16I032502S

Property Details

Home Type

Multi-Family

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Level: 2 Story
  • Assessment: 340
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Room Count: 8
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 2288
  • Total Sq Ft: 2288
  • Sq Ft Total Bsmt: 1144

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block
  • Frontage Feet: 40
  • Porch Type: Balcony, Deck, Porch, Porch - Covered
  • Road Frontage Type: Paved

Utilities

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

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 149000.0000
  • Lot Size Area: 0.10
  • Lot Dimensions: 40x105
  • Parcel Number: W16I032502S
  • Zoning: Multi-Family

Rental Info

  • Rent Includes: Trash Collection (Garbage Pickup), Water/Sewer
  • Monthly Rental Income: 600

Tax Info

  • Tax Amount Summer: 876.0000
  • Tax Amount Winter: 78.0000
  • 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
Apr 18, 2018
Closed on
Aug 15, 2018
Sold by
Okamoto Heinschiro
Bought by
Equity Wealth Detroit Llc
Seller's Agent
Keith Ferguson
Century 21 Curran & Oberski
Buyer's Agent
Rich Howard
Coldwell Banker Metro Real Estate
List Price
$39,900
Sold Price
$8,000
Premium/Discount to List
-$31,900
-79.95%
Current Estimated Value
$78,769

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,769
Avg. Annual Appreciation
40.42%

Purchase Details

Closed on
Jul 28, 2013
Sold by
Reinus Investment Group Llc
Bought by
Okamoto Heihachiro

Purchase Details

Closed on
Jul 27, 2013
Sold by
Maeda Keiko
Bought by
Reinus Investment Group Llc

Purchase Details

Listed on
Feb 1, 2012
Closed on
Apr 30, 2012
Sold by
Reinus Investment Group Llc
Bought by
Maeda Keiko
Seller's Agent
Stephany Pruitt
Temporary Inactive Users
Buyer's Agent
Stephany Pruitt
Temporary Inactive Users
List Price
$9,999
Sold Price
$9,000
Premium/Discount to List
-$999
-9.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.30%

Purchase Details

Listed on
Feb 1, 2012
Closed on
Apr 26, 2012
Sold by
Peter Yeow Swee Leong
Bought by
Reinus Investment Group Llc
Seller's Agent
Stephany Pruitt
Temporary Inactive Users
Buyer's Agent
Stephany Pruitt
Temporary Inactive Users
List Price
$9,999
Sold Price
$9,000
Premium/Discount to List
-$999
-9.99%

Purchase Details

Closed on
Sep 21, 2011
Sold by
Underwood Dru and Underwood Sheila
Bought by
Peter Yewo Swee Leong
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
Equity Wealth Detroit Llc $8,000 None Available
Okamoto Heihachiro $33,000 None Available
Reinus Investment Group Llc $25,000 None Available
Maeda Keiko $25,000 None Available
Reinus Investment Group Llc $9,000 None Available
Peter Yewo Swee Leong $13,000 Title Connect Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Equity Wealth Builders Detroit Llc $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2018 08/31/18 Sold $8,000 -46.3% $3 / Sq Ft
08/05/2018 08/05/18 Price Changed $14,900 -40.2% $7 / Sq Ft
08/04/2018 08/04/18 Pending -- -- --
06/19/2018 06/19/18 Price Changed $24,900 -28.7% $11 / Sq Ft
05/08/2018 05/08/18 Price Changed $34,900 -12.5% $15 / Sq Ft
04/18/2018 04/18/18 For Sale $39,900 +343.3% $17 / Sq Ft
04/12/2012 04/12/12 Sold $9,000 -10.0% $4 / Sq Ft
03/14/2012 03/14/12 Pending -- -- --
02/01/2012 02/01/12 For Sale $9,999 -- $5 / 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 $1,013 $29,000 $0 $0
2024 $1,013 $23,400 $0 $0
2023 $1,229 $19,000 $0 $0
2022 $1,301 $16,500 $0 $0
2021 $1,269 $12,000 $0 $0
2020 $1,269 $10,500 $0 $0
2019 $1,269 $10,500 $0 $0
2018 $879 $12,200 $0 $0
2017 $130 $14,300 $0 $0
2016 $945 $55,400 $0 $0
2015 $800 $8,000 $0 $0
2013 $1,128 $11,275 $0 $0
2010 -- $16,155 $786 $15,369
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 218032012

Realcomp

APN: 16-032502