$203,000
SOLD JUN 23, 2023
8 Beds
8 Baths
3,658 Sq Ft
8,276 Sq Ft Lot

Recently Sold

$55 Per Sq Ft

3% Below List Price

27 Days on Market

About This Home

As of April 2025

Beautiful, well maintained, cash flowing BRICK quadruplex! Nice units with hardwood flooring. All four units in this property have 2 beds and 1 bath each. All currently occupied. Rents are $782 (ends 3/25/23), $745 (month to month), $695 (ends 9/25/23) and $695 (MTM - tenant being evicted for non-payment). Room to increase these more. Previous buyer purchased, replaced all old windows throughout, fixed sewer stack, made minor rent increases. Tenants pay gas/electric. Owner pays for water. Out of respect for tenants, no showings without an accepted offer.

Last Agent to Sell the Property

Joe Hammel

Keller Williams Somerset License #6501422602 Listed on: 03/23/2023

Keller Williams Somerset

Co-Listed By

Jess Caldwell

Keller Williams Somerset License #6501436513

Last Buyer's Agent

Angie Sierra

RE/MAX City Centre License #6501447040

RE/MAX City Centre

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1925

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 70.00 x 115.00

Home Design

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

Interior Spaces

  • 3,658 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number W22I020551C2
  • $1,200 Seller Concession

Community Details

Overview

  • 4 Units
  • John M Welchs Mayview Sub No 2 Subdivision

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$633

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Quadruplex
  • Architecture Level: 2 Story
  • Assessment: 240.00
  • Year Built: 1925
  • State Equalized Value: 23800.0000
  • Pets Allowed: Call
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available
  • Total Bathrooms: 4.40
  • Full Bathrooms: 4
  • Half Bathrooms: 4
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 3658
  • Total Sq Ft: 3658
  • Sq Ft Total Bsmt: 1829

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block
  • Road Frontage Type: Paved

Utilities

  • Heating Fuel: Natural Gas
  • 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: 0.19
  • Lot Dimensions: 70.00 x 115.00
  • Parcel Number: W22I020551C2
  • Zoning: Multi-Family

Rental Info

  • Monthly Rental Income: 2917

Tax Info

  • Tax Amount Summer: 582.0000
  • Tax Amount Winter: 51.0000
  • Total Tax: 633.0000
  • Taxable Value: 5627.0000

Multi Family

  • Gross Scheduled Income: 35004.00
  • Number Of Units Total: 4
  • Number of Two Bedroom Units: 4
  • Number Of Units Leased: 4

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2024
Closed on
Apr 25, 2025
Sold by
Nine Green Flm Group Llc
Bought by
Khan Abid and Syed Muqsid A
Seller's Agent
Renae Palmer
Real Estate Management Specialists Inc
Buyer's Agent
Nicholas Zeoli
Real Broker LLC
List Price
$260,000
Sold Price
$232,650
Premium/Discount to List
-$27,350
-10.52%
Views
156

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-10.37%
Original Mortgage
$197,752
Outstanding Balance
$197,578
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$29,536

Purchase Details

Listed on
Mar 23, 2023
Closed on
Jun 19, 2023
Sold by
Wen Yvonne Lim Yi
Bought by
Nine Green Flm Group Llc
Seller's Agent
Joe Hammel
Keller Williams Somerset
Buyer's Agent
Angie Sierra
RE/MAX City Centre
List Price
$209,900
Sold Price
$203,000
Premium/Discount to List
-$6,900
-3.29%
Views
206

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.69%
Original Mortgage
$152,250
Interest Rate
6.57%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 21, 2022
Closed on
May 18, 2022
Sold by
Olin Johnson
Bought by
Kim Yvonne
Seller's Agent
Joe Hammel
Keller Williams Somerset
Buyer's Agent
Michael Helfant
Keller Williams Somerset
List Price
$195,000
Sold Price
$191,000
Premium/Discount to List
-$4,000
-2.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.70%

Purchase Details

Closed on
Nov 21, 2014
Sold by
United Cash Corp
Bought by
Control Holdings Llc

Purchase Details

Closed on
Jul 18, 2012
Sold by
Nambiar Jaywant and Nambiar Renuka
Bought by
Cash Deal America

Purchase Details

Closed on
Jul 2, 2012
Sold by
Cash Deal America
Bought by
United Cash Llc

Purchase Details

Closed on
Oct 10, 2008
Sold by
Inland Empire Properties Llc
Bought by
Nambiar Jaywant

Purchase Details

Closed on
Jul 26, 2002
Sold by
Hill Windall D
Bought by
Hill Shantay T
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 $232,650 Embassy Title Agency
Warranty Deed $203,000 None Listed On Document
Warranty Deed $191,000 None Listed On Document
Quit Claim Deed $52,000 Excel Title Agency Llc
Warranty Deed $100,000 Excel Title Agency Llc
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Corporate Deed $60,000 Title Source Inc
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $197,752 New Conventional
Previous Owner $152,250 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2025 04/25/25 Sold $232,650 -10.5% $64 / Sq Ft
12/18/2024 12/18/24 Pending -- -- --
12/13/2024 12/13/24 Under Contract -- -- --
09/23/2024 09/23/24 For Sale $260,000 0.0% $71 / Sq Ft
08/23/2024 08/23/24 For Rent $850 0.0% --
06/23/2023 06/23/23 Sold $203,000 -3.3% $55 / Sq Ft
04/19/2023 04/19/23 Pending -- -- --
03/23/2023 03/23/23 For Sale $209,900 +9.9% $57 / Sq Ft
05/18/2022 05/18/22 Sold $191,000 -2.1% $52 / Sq Ft
05/04/2022 05/04/22 Pending -- -- --
04/21/2022 04/21/22 For Sale $195,000 -- $53 / 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 $2,751 $33,200 $0 $0
2023 $2,319 $27,000 $0 $0
2022 $732 $23,800 $0 $0
2021 $716 $17,200 $0 $0
2020 $715 $15,100 $0 $0
2019 $707 $15,100 $0 $0
2018 $736 $17,900 $0 $0
2017 $96 $21,200 $0 $0
2016 $785 $5,900 $0 $0
2015 $590 $5,900 $0 $0
2013 $736 $7,362 $0 $0
2010 -- $10,548 $1,282 $9,266
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20230013307

Realcomp

APN: 22-0205512