NOT LISTED FOR SALE

Estimated Value: $145,000 - $181,000

4 Beds
4 Baths
2,924 Sq Ft
$57/Sq Ft Est. Value

Last Sold January 19, 2024

Last sale price $144,000 $49 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $939/month

5 Days on Market

Highlights

  • Colonial Architecture
  • Awning
  • Fenced
  • Cass Technical High School Rated 10
  • Hot Water Heating System

About This Home

As of January 2024

Rare Investment Opportunity on Detroit's West Side. This Value-Add 4 Unit Multi-Family Piece of History includes a 4 Car Garage, 2 top floor and 2 bottom Floor Terraces, beautiful Iron-rod Gates, easy access to major freeways, Hardwood Flooring throughout, Fireplaces etc. All of the units include 1 bed, 1 bath, living room, kitchen, 1 car garage each, basement with its own laundry set ups. Will need a minor clean out and a bit of work to get it up and running again. Lots of potential! Don't miss out on getting in the investment game!

Last Agent to Sell the Property

Michell Apati

Century 21 Curran & Oberski License #6501410506 Listed on: 01/06/2024

Century 21 Curran & Oberski

Last Buyer's Agent

Tommie Pratt

Spartan Realty Group License #6501451905

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1929

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 84.00 x 71.00
  • Fenced

Parking

  • 4 Parking Spaces

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 4 Full Bathrooms
  • 2,924 Sq Ft Home
  • 2-Story Property
  • Awning
  • Partially Finished Basement

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number W22I024707S

Community Details

Overview

  • 4 Units
  • Meyer Edwin Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$850

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Assessment: 240.00
  • Year Built: 1929
  • State Equalized Value: 27800.0000
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement: Yes
  • Basement Type: Partially Finished
  • Sq Ft Combined: 2924
  • Total Sq Ft: 2924
  • Sq Ft Total Bsmt: 1462

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: Awning/Overhang(s), Fenced
  • Foundation Materials: Block
  • Frontage Feet: 230
  • Road Frontage Type: Paved
  • Sideof Street: S

Garage/Parking

  • Total Parking Spaces: 4

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: 0.14
  • Lot Dimensions: 84.00 x 71.00
  • Parcel Number: W22I024707S
  • Zoning: Residential

Rental Info

  • Monthly Rental Income: 3800

Tax Info

  • Tax Amount Summer: 786.0000
  • Tax Amount Winter: 64.0000
  • Total Tax: 850.0000
  • Taxable Value: 7091.0000

Multi Family

  • Gross Scheduled Income: 45600.00
  • Number Of Units Total: 4
  • Number of One Bedroom Units: 4

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2024
Closed on
Jan 19, 2024
Sold by
Curry-Patterson Natisha
Bought by
Hogan Beverly
Seller's Agent
Michell Apati
Century 21 Curran & Oberski
Buyer's Agent
Tommie Pratt
Spartan Realty Group
List Price
$162,900
Sold Price
$144,000
Premium/Discount to List
-$18,900
-11.6%
Views
77
Current Estimated Value
$166,191

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,191
Avg. Annual Appreciation
8.43%

Purchase Details

Closed on
Dec 2, 2022
Sold by
Curry-Patterson Natisha
Bought by
Curry-Patterson Natisha
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
Hogan Beverly $144,000 Title One
Curry-Patterson Natisha -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/19/2024 01/19/24 Sold $144,000 -11.6% $49 / Sq Ft
01/12/2024 01/12/24 Pending -- -- --
01/06/2024 01/06/24 For Sale $162,900 -- $56 / 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 $811 $41,200 $0 $0
2024 $811 $34,700 $0 $0
2023 $786 $27,800 $0 $0
2022 $801 $22,000 $0 $0
2021 $783 $18,400 $0 $0
2020 $781 $16,200 $0 $0
2019 $771 $13,200 $0 $0
2018 $788 $12,200 $0 $0
2017 $115 $11,900 $0 $0
2016 $846 $7,000 $0 $0
2015 $700 $7,000 $0 $0
2013 $979 $9,785 $0 $0
2010 -- $14,019 $851 $13,168
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20240000859

Realcomp

APN: 22-024707