Seller's Agent in 2020
Alex Farhat
Own It Realty
(313) 932-4111
120 Total Sales
1265 25th St Detroit, MI 48216
Mexicantown NeighborhoodEstimated Value: $163,000 - $278,000
5
Beds
2
Baths
3,032
Sq Ft
$73/Sq Ft
Est. Value
About This Home
As of February 2020Welcome to 1265 25th st!! Mexicantown-Southwest Detroit 2 family property. Just minutes from Downtown Detroit and Canada. Perfect for home owner or Investor looking to capture this gem . Lots of originality throughout. Large spacious rooms . Updated bathroom and kitchen on the first floor. Natural fireplace located in the master bedroom. Upstairs unit was used for family and guests , not currently rented. Need 2 hour notice to show. BTVAI
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
Year Built
- Built in 1908
Lot Details
- 4,356 Sq Ft Lot
- Lot Dimensions are 40.00x110.00
Home Design
- Brick Exterior Construction
- Brick Foundation
- Asphalt Roof
Interior Spaces
- 2 Full Bathrooms
- 3,032 Sq Ft Home
- 2-Story Property
- Unfinished Basement
Outdoor Features
- Porch
Utilities
- Heating System Uses Natural Gas
- Radiant Heating System
- Natural Gas Water Heater
- Sewer in Street
Listing and Financial Details
- Assessor Parcel Number W12I009665S
Community Details
Overview
- 2 Units
- Davis Sub Of Part Pc 78 Subdivision
Pet Policy
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 6, 2020
Closed on
Feb 14, 2020
Sold by
Morales Martin and Morales Karla
Bought by
Steiger Erik and Steiger Jon
Seller's Agent
Alex Farhat
Own It Realty
Buyer's Agent
Alex Farhat
Keller Williams Legacy
List Price
$189,500
Sold Price
$120,000
Premium/Discount to List
-$69,500
-36.68%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,610
Avg. Annual Appreciation
10.34%
Purchase Details
Closed on
Jan 28, 2016
Sold by
Flores Juan
Bought by
Morales Martin and Morales Karla
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Steiger Erik | $120,000 | V1 Title Agency | |
| Morales Martin | $20,000 | Attorney |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/14/2020 02/14/20 | Sold | $120,000 | -31.4% | $40 / Sq Ft |
| 02/12/2020 02/12/20 | Price Changed | $175,000 | 0.0% | $58 / Sq Ft |
| 02/06/2020 02/06/20 | Pending | -- | -- | -- |
| 01/31/2020 01/31/20 | Price Changed | $175,000 | +16.7% | $58 / Sq Ft |
| 01/31/2020 01/31/20 | Price Changed | $150,000 | -14.3% | $49 / Sq Ft |
| 01/14/2020 01/14/20 | Price Changed | $175,000 | -7.7% | $58 / Sq Ft |
| 01/06/2020 01/06/20 | For Sale | $189,500 | -- | $63 / Sq Ft |
Source: Realcomp
Tax History Compared to Growth
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 | $2,558 | $78,300 | $0 | $0 |
| 2024 | $2,558 | $65,300 | $0 | $0 |
| 2023 | $2,486 | $50,700 | $0 | $0 |
| 2022 | $2,669 | $35,900 | $0 | $0 |
| 2021 | $1,475 | $26,900 | $0 | $0 |
| 2020 | $1,412 | $25,300 | $0 | $0 |
| 2019 | $1,390 | $19,100 | $0 | $0 |
| 2018 | $1,370 | $14,500 | $0 | $0 |
| 2017 | $248 | $13,100 | $0 | $0 |
| 2016 | $982 | $30,400 | $0 | $0 |
| 2015 | $720 | $7,200 | $0 | $0 |
| 2013 | $802 | $8,024 | $0 | $0 |
| 2010 | -- | $11,497 | $492 | $11,005 |
Source: Public Records
Agents Affiliated with this Home
-
Alex Farhat
Map
Source: Realcomp
MLS Number: 2200001038
APN: 12-009665
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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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