NOT LISTED FOR SALE

Estimated Value: $73,000 - $129,067

6 Beds
2 Baths
1,976 Sq Ft
$49/Sq Ft Est. Value

Last Sold November 18, 2022

Last sale price $70,000 $35 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $556/month

75 Days on Market

Highlights

  • Deck
  • Enclosed Patio or Porch
  • 1-Story Property
  • Cass Technical High School Rated 10
  • Bungalow
  • Forced Air Heating and Cooling System

About This Home

As of November 2022

(Sale Includes 12676 & 12680 W Outer Drive) Great Investment Opportunity! Bungalow Duplex on W Outer Drive with 3 bedrooms and a Full Bath in each Unit. Each unit is currently leased by long standing tenants paying 750 and 800 a month. Rent can easily raised to $1000 per unit in this area after current lease is up!

Last Agent to Sell the Property

George Jarrous

Century 21 Curran & Oberski License #6501434076 Listed on: 08/28/2022

Century 21 Curran & Oberski

Last Buyer's Agent

Richard Ebaugh

Great Lakes Real Estate Agency LLC License #RCO-6501367025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1948 | Remodeled in 2016

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 74x100x74x100

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 2 Full Bathrooms
  • 1,976 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Unfinished Basement

Outdoor Features

  • Deck
  • Enclosed Patio or Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number W22I125956S

Community Details

Overview

  • 2 Units
  • Grayton Park Manor Subdivision

Pet Policy

  • Limit on the number of pets
  • Dogs and Cats Allowed
  • Breed Restrictions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$677

Year Built

Built in 1948 | Remodeled in 2016

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Bungalow
  • Architecture Level: 1 Story
  • Assessment: 340.00
  • Year Built: 1948
  • State Equalized Value: 17700.0000
  • Year Renovated: 2016
  • Pets Allowed: Breed Restrictions, Call, Cats OK, Dogs OK, Number Limit
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 1976
  • Total Sq Ft: 1976
  • Sq Ft Total Bsmt: 900

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block
  • Frontage Feet: 74
  • Porch Type: Deck, Porch - Enclosed, Patio, Porch
  • Road Frontage Type: Paved

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)

Schools

  • School District: Detroit

Lot Info

  • Lot Size Area: 0.08
  • Lot Dimensions: 74x100x74x100
  • Parcel Number: W22I125956S
  • Zoning: Residential

Rental Info

  • Monthly Rental Income: 1550

Tax Info

  • Tax Amount Summer: 632.0000
  • Tax Amount Winter: 45.0000
  • Total Tax: 677.0000
  • Taxable Value: 4794.0000

Multi Family

  • Gross Scheduled Income: 18600.00
  • 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
Aug 28, 2022
Closed on
Nov 18, 2022
Sold by
Belton Johnny L
Bought by
Ebaugh Richard
Seller's Agent
George Jarrous
Century 21 Curran & Oberski
Buyer's Agent
Richard Ebaugh
Great Lakes Real Estate Agency LLC
List Price
$119,900
Sold Price
$70,000
Premium/Discount to List
-$49,900
-41.62%
Views
147
Current Estimated Value
$96,267

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,267
Avg. Annual Appreciation
11.99%

Purchase Details

Closed on
Mar 17, 2012
Sold by
Rehobeth Financial
Bought by
Belton Johnny L

Purchase Details

Closed on
Feb 24, 2009
Sold by
Secretary Of Housing & Urban Development
Bought by
Rehobeth Financial

Purchase Details

Closed on
Jun 5, 2007
Sold by
Abn Amro Mortgage Group Inc
Bought by
Hud

Purchase Details

Closed on
Nov 29, 2006
Sold by
Dixon Mitchell
Bought by
Abn Amro Mortgage Group Inc
Source: Public Records

Range of Values:

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Average Value
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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
Ebaugh Richard $70,000 Title One
Belton Johnny L $4,000 None Available
Rehobeth Financial $7,500 None Available
Hud -- None Available
Abn Amro Mortgage Group Inc $81,538 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2022 11/18/22 Sold $70,000 -6.5% $35 / Sq Ft
11/11/2022 11/11/22 Pending -- -- --
10/30/2022 10/30/22 Price Changed $74,900 -25.0% $38 / Sq Ft
09/22/2022 09/22/22 Price Changed $99,900 -16.7% $51 / Sq Ft
09/14/2022 09/14/22 For Sale $119,900 0.0% $61 / Sq Ft
09/02/2022 09/02/22 Pending -- -- --
08/28/2022 08/28/22 For Sale $119,900 -- $61 / 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 $511 $36,400 $0 $0
2024 $511 $32,300 $0 $0
2023 $740 $25,700 $0 $0
2022 $773 $21,500 $0 $0
2021 $758 $17,700 $0 $0
2020 $758 $15,300 $0 $0
2019 $751 $12,400 $0 $0
2018 $689 $11,200 $0 $0
2017 $84 $10,200 $0 $0
2016 $731 $5,200 $0 $0
2015 $520 $5,200 $0 $0
2013 $653 $6,529 $0 $0
2010 -- $9,355 $866 $8,489
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20221035952

Realcomp

APN: 22-125956