$70,000
SOLD DEC 12, 2022
4 Beds
2 Baths
1,954 Sq Ft
3,485 Sq Ft Lot

Recently Sold

$36 Per Sq Ft

21 Days on Market

About This Home

As of March 2025

Easy Investor special!!! Own and start making money! Located on Detroit's west side with easy access to freeways. Opportunities like this don't come by often!!! This has been a solid income property for years. Newer roof. Hardwood floors.

Last Agent to Sell the Property

Rachel Warren

Worth Clark Realty License #6501396923 Listed on: 10/13/2022

Worth Clark Realty

Last Buyer's Agent

Justin Johnson

River Shore Realty, LLC License #RCO-6501364163

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1925

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 34.00 x 100.00

Home Design

  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • 2 Full Bathrooms
  • 1,954 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number W16I037286S

Community Details

Overview

  • 2 Units
  • Wyoming Park Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$800

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Assessment: 340.00
  • Year Built: 1925
  • State Equalized Value: 14700.0000
  • Pets Allowed: Yes
  • 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: 1954
  • Total Sq Ft: 1954
  • Sq Ft Total Bsmt: 977

Exterior Features

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

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Sewer at Street
  • Water Source: Water at Street

Schools

  • School District: Detroit

Lot Info

  • Lot Size Area: 0.08
  • Lot Dimensions: 34.00 x 100.00
  • Parcel Number: W16I037286S
  • Zoning: Multi-Family, Residential

Rental Info

  • Monthly Rental Income: 500

Tax Info

  • Tax Amount Summer: 746.0000
  • Tax Amount Winter: 54.0000
  • Total Tax: 800.0000
  • Taxable Value: 5852.0000

Multi Family

  • Gross Scheduled Income: 12000.00
  • Number Of Units Total: 2
  • Number of Two 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
Mar 25, 2025
Closed on
Mar 17, 2025
Sold by
Geo2 Holdings Llc
Bought by
2726 Linwood Lothrop & Lawton Professional Se
Seller's Agent
Chauny Barnes-Sailor
KW Metro
Buyer's Agent
Letisha Gaulden
KW Metro
List Price
$58,000
Sold Price
$58,000
Current Estimated Value
$50,798

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,202
Avg. Annual Appreciation
-32.29%

Purchase Details

Listed on
Mar 25, 2025
Closed on
Feb 27, 2025
Sold by
Aaia Rml Llc
Bought by
Geo2 Holdings Llc
Seller's Agent
Chauny Barnes-Sailor
KW Metro
Buyer's Agent
Letisha Gaulden
KW Metro
List Price
$58,000
Sold Price
$58,000

Purchase Details

Closed on
Jun 28, 2024
Sold by
Loan Funder Llc
Bought by
Aaia Rml Llc

Purchase Details

Closed on
May 9, 2024
Sold by
Sheriff Of Wayne County
Bought by
Loan Funder Llc

Purchase Details

Listed on
Oct 13, 2022
Closed on
Dec 12, 2022
Sold by
Oladeru Camesha
Bought by
Pinto Investments Llc
Seller's Agent
Rachel Warren
Worth Clark Realty
Buyer's Agent
Justin Johnson
River Shore Realty, LLC
List Price
$70,000
Sold Price
$70,000
Views
24

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-11.60%
Original Mortgage
$68,415
Interest Rate
6.61%
Mortgage Type
New Conventional
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 $58,000 None Listed On Document
Warranty Deed $40,000 Detroit Metro Title Agency
Warranty Deed $40,000 Detroit Metro Title Agency
Fiduciary Deed -- None Listed On Document
Sheriffs Deed $65,000 None Listed On Document
Warranty Deed $70,000 Reputation First Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $68,415 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2025 03/25/25 For Sale $58,000 0.0% $30 / Sq Ft
03/18/2025 03/18/25 Sold $58,000 +45.0% $30 / Sq Ft
03/18/2025 03/18/25 Pending -- -- --
02/13/2025 02/13/25 Sold $40,000 -33.2% $20 / Sq Ft
02/06/2025 02/06/25 Pending -- -- --
02/05/2025 02/05/25 For Sale $59,900 0.0% $31 / Sq Ft
01/10/2025 01/10/25 Pending -- -- --
12/09/2024 12/09/24 Price Changed $59,900 -25.0% $31 / Sq Ft
11/22/2024 11/22/24 For Sale $79,900 +14.1% $41 / Sq Ft
12/12/2022 12/12/22 Sold $70,000 0.0% $36 / Sq Ft
11/03/2022 11/03/22 Pending -- -- --
10/13/2022 10/13/22 For Sale $70,000 -- $36 / 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
2024 $1,421 $20,500 $0 $0
2023 $760 $16,700 $0 $0
2022 $801 $14,700 $0 $0
2021 $786 $10,700 $0 $0
2020 $784 $9,400 $0 $0
2019 $775 $9,400 $0 $0
2018 $704 $10,900 $0 $0
2017 $99 $12,700 $0 $0
2016 $755 $49,000 $0 $0
2015 $610 $6,100 $0 $0
2013 $864 $8,635 $0 $0
2010 -- $12,373 $589 $11,784
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20221051916

Realcomp

APN: 16-037286