NOT LISTED FOR SALE

Estimated Value: $95,000 - $174,000

6 Beds
2 Baths
2,646 Sq Ft
$49/Sq Ft Est. Value

Last Sold September 09, 2022

Last sale price $110,000 $42 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $852/month

90 Days on Market

Highlights

  • Colonial Architecture
  • Balcony
  • Forced Air Heating System
  • Cass Technical High School Rated 10
  • Porch

About This Home

As of September 2022

Wonderful opportunity to own a 1919 historic 2 family brick building neighboring Palmer Park Tennis Courts and Playgrounds. The property has some updates but will require finishing. Beautiful potential with 3 bedrooms up/ 3 bedrooms down - hardwood floors, large covered porch, 2.5 car garage, and attic space to finish. Property is occupied, please respect occupants. Proof of Funds Required. Walking distance to Ferndale, Palmer Park, and Livernois Avenue of Fashion. Buyer and Buyer Agent to Verify Infomation and Data.

Last Agent to Sell the Property

Lauren Rivers

Rivers House License #6501301129 Listed on: 04/12/2022

Last Buyer's Agent

Jana Von Gott

BPO Pros LLC License #6501437916

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $340

Year Built

  • Built in 1919

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50.00x122.00

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • 2 Full Bathrooms
  • 2,646 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Outdoor Features

  • Balcony
  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number W01I004683S

Community Details

Overview

  • 2 Units
  • Baldwin Park Subdivision

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$340

Year Built

Built in 1919

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1919
  • Pets Allowed: Call
  • AgentOnly_ListPriceByAcre: 785714.2800
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 2646

Exterior Features

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

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Water at Street

Lot Info

  • Lot Size Area: 0.14
  • Lot Dimensions: 50.00X122.00
  • Parcel Number: W01I004683S
  • Zone Conform: Yes
  • Zoning: Multi-Family
  • Percent Homestead Exempt: Yes

Rental Info

  • Monthly Rental Income: 1900

Tax Info

  • Tax Amount Summer: 340.0000
  • Total Tax: 340.0000

Multi Family

  • Gross Scheduled Income: 20000.00
  • Number Of Units Total: 2

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2022
Closed on
Sep 8, 2022
Sold by
Faye Kirk
Bought by
Schneider Edwin
Seller's Agent
Lauren Rivers
Rivers House
Buyer's Agent
Jana Von Gott
BPO Pros LLC
List Price
$75,000
Sold Price
$110,000
Premium/Discount to List
$35,000
46.67%
Current Estimated Value
$129,180

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,180
Avg. Annual Appreciation
5.01%

Purchase Details

Closed on
Mar 3, 2013
Sold by
Bagdasarian Paula
Bought by
Kirk Faye

Purchase Details

Closed on
Jul 31, 2006
Sold by
Bagdasarian Garbis
Bought by
Idi Llc

Purchase Details

Closed on
Feb 21, 2005
Sold by
Bagdasarian Garbis
Bought by
Bagdasarian Garbis
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Schneider Edwin $110,000 --
Kirk Faye $63,000 None Available
Kirk Faye $63,000 None Available
Idi Llc -- None Available
Bagdasarian Garbis -- --
Estate Of Dickranuhi Bagdasarians -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/09/2022 09/09/22 Sold $110,000 0.0% $42 / Sq Ft
07/12/2022 07/12/22 Pending -- -- --
07/01/2022 07/01/22 Price Changed $110,000 -12.0% $42 / Sq Ft
04/13/2022 04/13/22 Price Changed $125,000 +66.7% $47 / Sq Ft
04/12/2022 04/12/22 For Sale $75,000 -- $28 / 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 $2,070 $45,700 $0 $0
2024 $2,070 $38,100 $0 $0
2023 $2,009 $29,600 $0 $0
2022 $240 $0 $0 $0
2021 $120 $0 $0 $0
2020 $897 $18,600 $0 $0
2019 $985 $15,500 $0 $0
2018 $170 $16,300 $0 $0
2017 $166 $14,800 $0 $0
2016 $956 $36,800 $0 $0
2015 $160 $1,600 $0 $0
2013 $1,441 $14,409 $0 $0
2010 -- $21,126 $1,618 $19,508
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2220024488

Realcomp

APN: 01-004683