$9,000
SOLD APR 12, 2012
4 Beds
2 Baths
2,100 Sq Ft
4,356 Sq Ft Lot

Recently Sold

$4 Per Sq Ft

10% Below List Price

42 Days on Market

Highlights

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

About This Home

As of August 2018

Great investment property for investors. Nice multifamily home, Tenant occupied in lower unit. This property is not a short sale or bank owned. Quick closing! This one will not last long! Buyer to pay $250 Admin fee to listing office.

Last Agent to Sell the Property

Stephany Pruitt

Temporary Inactive Users License #6502370352 Listed on: 02/01/2012

Last Buyer's Agent

Stephany Pruitt

Temporary Inactive Users License #RCO-6502370352

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1924

Parking

  • 2 Parking Spaces

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2 Full Bathrooms
  • 2,100 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Utilities

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

Additional Features

  • Porch
  • Lot Dimensions are 40x105

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 Style: Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Assessment: YES
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 2100
  • Total Sq Ft: 2100

Exterior Features

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

Garage/Parking

  • Total Parking Spaces: 2

Utilities

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

Schools

  • School District: Detroit

Lot Info

  • Lot Dimensions: 40X105
  • Parcel Number: W16I032502S
  • Zone Conform: Yes
  • Zoning: Multi-Family
  • Homestead Percent: 0 Percent

Rental Info

  • Legal Rental Certified: Yes
  • Monthly Rental Income: 650

Tax Info

  • Tax Amount Summer: 1097.0000
  • Tax Amount Winter: 81.0000
  • Total Tax: 1178.0000

Multi Family

  • Gross Scheduled Income: 14000.00
  • Number Of Units Total: 2
  • Number of Two Bedroom Units: 2
  • Number Of Units Leased: 1

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
$76,120

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,120
Avg. Annual Appreciation
38.77%

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
17.62%

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

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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 Type Sale Price Title Company
Warranty Deed $8,000 None Available
Warranty Deed $33,000 None Available
Warranty Deed $25,000 None Available
Warranty Deed $25,000 None Available
Warranty Deed $9,000 None Available
Warranty Deed $13,000 Title Connect Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $50,000 Unknown
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: 212020455

Realcomp

APN: 16-032502