NOT LISTED FOR SALE

12638 Santa Rosa Dr Detroit, MI 48238

Oakman Boulevard Community Neighborhood

Estimated Value: $65,000 - $85,000

6 Beds
2 Baths
2,600 Sq Ft
$29/Sq Ft Est. Value

Last Sold May 20, 2024

Last sale price $70,000 $27 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $481/month

18 Days on Market

About This Home

As of May 2024

Investment opportunity! Multifamily home with two units, each unit features 3 bedrooms and 1 bathroom. Both units are tenant occupied on month to month leases. Both tenants have lived in the property for over 40 years and would like to stay. Both units COMBINED are generating $1250 per month. Showings available Sundays only from 12-2pm.

Last Agent to Sell the Property

LaShawn Peterson

EXP Realty Main License #6501404511 Listed on: 04/22/2024

EXP Realty Main

Co-Listed By

Andre Wadley Jr

EXP Realty Main License #6501451207

Last Buyer's Agent

Tina McNeal O'Brien

McNeal OBrien Team LLC License #6502356662

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1928

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 54.00 x 108.00

Home Design

  • Duplex
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 2 Full Bathrooms
  • 2,600 Sq Ft Home
  • 2-Story Property
  • Partially Finished Basement

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units
  • Robert Oakmans Ford Hwy & Glendale Subdivision

Listing and Financial Details

  • Assessor Parcel Number W16I019928C9

Property Details

Home Type

Multi-Family

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 2 Story
  • Assessment: 340.00
  • Year Built: 1928
  • State Equalized Value: 28300.0000
  • Pets Allowed: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Partially Finished
  • Sq Ft Combined: 2600
  • Total Sq Ft: 2600
  • Sq Ft Total Bsmt: 1300

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Poured
  • Frontage Feet: 54
  • Road Frontage Type: Paved

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Hot Water
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Schools

  • School District: Detroit

Lot Info

  • Lot Size Area: 0.13
  • Lot Dimensions: 54.00 x 108.00
  • Parcel Number: W16I019928C9
  • Zoning: Multi-Family

Rental Info

  • Monthly Rental Income: 1250

Tax Info

  • Tax Amount Summer: 2519.0000
  • Tax Amount Winter: 267.0000
  • Total Tax: 2786.0000
  • Taxable Value: 28300.0000

Multi Family

  • Gross Scheduled Income: 1500.00
  • Number Of Units Total: 2
  • Number of Three Bedroom Units: 2
  • Number Of Units Leased: 2

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2024
Closed on
May 20, 2024
Sold by
Realix Llc
Bought by
Holmes Pierre
Seller's Agent
LaShawn Peterson
EXP Realty Main
Buyer's Agent
Tina McNeal O'Brien
McNeal OBrien Team LLC
List Price
$75,000
Sold Price
$70,000
Premium/Discount to List
-$5,000
-6.67%
Total Days on Market
18
Views
10
Current Estimated Value
$75,200

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,200
Avg. Annual Appreciation
16.81%

Purchase Details

Closed on
Sep 6, 2022
Sold by
Helm Rei Llc
Bought by
Realix Llc
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
Holmes Pierre $70,000 None Listed On Document
Realix Llc $62,000 --
Realix Llc $62,000 None Listed On Document
Helm Rei Llc $46,500 --
Helm Rei Llc $46,500 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Realix Llc $75,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2024 05/20/24 Sold $70,000 -6.7% $27 / Sq Ft
05/10/2024 05/10/24 Pending -- -- --
04/22/2024 04/22/24 For Sale $75,000 -- $29 / 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 $2,288 $41,300 $0 $0
2024 $2,288 $35,800 $0 $0
2023 $2,349 $28,300 $0 $0
2022 $1,368 $22,900 $0 $0
2021 $1,259 $19,200 $0 $0
2020 $1,322 $21,700 $0 $0
2019 $1,301 $20,200 $0 $0
2018 $1,114 $16,700 $0 $0
2017 $258 $15,600 $0 $0
2016 $1,418 $47,800 $0 $0
2015 $1,420 $14,200 $0 $0
2013 $1,508 $19,669 $0 $0
2010 -- $28,182 $1,328 $26,854
Source: Public Records

Agents Affiliated with this Home

  • LaShawn Peterson

    Seller's Agent in 2024

    LaShawn Peterson

    EXP Realty Main

    (248) 270-2956

    2 in this area

    283 Total Sales

    LaShawn Peterson
    Section Image
  • Andre Wadley Jr

    Seller Co-Listing Agent in 2024

    Andre Wadley Jr

    EXP Realty Main

    (248) 346-9911

    2 in this area

    58 Total Sales

    Andre Wadley Jr
    Section Image
  • Tina McNeal O'Brien

    Buyer's Agent in 2024

    Tina McNeal O'Brien

    McNeal OBrien Team LLC

    (248) 761-1520

    1 in this area

    48 Total Sales

    Tina McNeal O'Brien
    Section Image
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Map

Source: Realcomp

MLS Number: 20240026121

Realcomp

APN: 16-0199289

Michigan Wayne County Detroit 48238 Oakman Boulevard Community

12638 Santa Rosa Dr, Detroit, MI

This home is located at 12638 Santa Rosa Dr, Detroit, MI 48238 since 22 April 2024 and is currently estimated at $75,200, approximately $28 per square foot. This property was built in 1928. 12638 Santa Rosa Dr is a home located in Wayne County with nearby schools including Durfee Elementary-Middle School, Charles L. Spain Elementary-Middle School, and Edward 'Duke' Ellington Conservatory of Music and Art.

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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