NOT LISTED FOR SALE

12932 Greiner St Detroit, MI 48205

Von Steuben Neighborhood

Estimated Value: $64,000 - $120,000

5 Beds
5 Baths
2,896 Sq Ft
$32/Sq Ft Est. Value

Last Sold October 03, 2023

Last sale price $14,550 $5 Per Sq Ft

Est. 508% increase in value since last sale

Current estimated payment $485/month

86 Days on Market

Highlights

  • Colonial Architecture
  • Forced Air Heating System
  • 2-minute walk to Josefiak Playlot
  • Cass Technical High School Rated 10
  • 2 Car Garage

About This Home

As of October 2023

Look no further! Check out this multifamily with 5 unit, 1-bedroom lofts that's a great cash-flow opportunity waiting for you!!! The corner lot, 12940 Greiner is also included in the sale. Close to Gratiot and minutes from downtown. Sale contingent on buyer/seller executed development agreement. POF documentation MUST be presented with proposal ( not just stated in the proposal), development timelines and offer amounts MUST be included in the proposals. Renovation experience whether DLBA or not, MUST include addresses and BEFORE/AFTER photos. Please note that the Detroit Land Bank Authority is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatements and lot combinations that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing.

Last Agent to Sell the Property

Natasha Richards

Bellabay Realty Tri Counties License #6502385914 Listed on: 12/12/2022

Last Buyer's Agent

Sharon Witucki

BERKSHIRE HATHAWAY HOME SVCS License #6501289736

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 38.00 x 115.00

Parking

  • 2 Car Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 5 Full Bathrooms
  • 2,896 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 5 Units
  • Michael Greiner Estate Subdivision

Listing and Financial Details

  • Assessor Parcel Number W21I020353S

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1930
  • Pets Allowed: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 5.00
  • Full Bathrooms: 5
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 2896
  • Total Sq Ft: 2896
  • Sq Ft Total Bsmt: 1448

Exterior Features

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

Garage/Parking

  • Garage: Yes
  • Total Parking Spaces: 2

Utilities

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

Schools

  • School District: Detroit

Lot Info

  • Lot Size Area: 0.10
  • Lot Dimensions: 38.00 x 115.00
  • Parcel Number: W21I020353S
  • Zoning: Residential

Multi Family

  • Number Of Units Total: 5
  • Number of One Bedroom Units: 5

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2022
Closed on
Oct 3, 2023
Sold by
Detroit Land Bank Authority
Bought by
Bar Holding Usa Llc
Seller's Agent
Natasha Richards
Bellabay Realty Tri Counties
Buyer's Agent
Sharon Witucki
BERKSHIRE HATHAWAY HOME SVCS
List Price
$13,900
Sold Price
$14,550
Premium/Discount to List
$650
4.68%
Views
280
Current Estimated Value
$88,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,950
Avg. Annual Appreciation
156.31%

Purchase Details

Closed on
Oct 21, 2021
Sold by
City Of Detroit
Bought by
Detroit Land Bank Authority

Purchase Details

Closed on
Apr 9, 2021
Sold by
City Of Detroit
Bought by
Detroit Land Bank Authority

Purchase Details

Closed on
Dec 6, 2012
Sold by
Wayne County Treasurer
Bought by
Green Clover Property Llc

Purchase Details

Closed on
Feb 9, 2010
Sold by
Zurich Holdings Llc
Bought by
Olympia Property Holdings Iii Llc

Purchase Details

Closed on
Jul 6, 2009
Sold by
Gmac Bank
Bought by
Zurich Holdings Llc

Purchase Details

Closed on
Oct 15, 2008
Sold by
Stewart Taylor
Bought by
Gmac Bank

Purchase Details

Closed on
Feb 2, 1999
Sold by
Brown Denise
Bought by
Stewart Taylor
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
Bar Holding Usa Llc $14,550 None Listed On Document
Detroit Land Bank Authority -- None Available
Detroit Land Bank Authority -- None Available
Green Clover Property Llc $702 None Available
Olympia Property Holdings Iii Llc -- None Available
Zurich Holdings Llc -- None Available
Gmac Bank $31,000 None Available
Stewart Taylor -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stewart Taylor $92,000
Previous Owner Stewart Taylor $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/03/2023 10/03/23 Sold $14,550 +4.7% $5 / Sq Ft
03/08/2023 03/08/23 Pending -- -- --
12/12/2022 12/12/22 For Sale $13,900 -- $5 / 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 -- $600 $0 $0
2024 -- $0 $0 $0
2023 $0 $0 $0 $0
2022 -- $0 $0 $0
2021 $0 $0 $0 $0
2020 $0 $0 $0 $0
2019 $0 $0 $0 $0
2018 $0 $0 $0 $0
2017 $7 $400 $0 $0
2016 $616 $3,700 $0 $0
2015 $370 $3,700 $0 $0
2013 $2,073 $20,731 $0 $0
2010 -- $30,394 $852 $29,542
Source: Public Records

Agents Affiliated with this Home

  • Natasha Richards

    Seller's Agent in 2023

    Natasha Richards

    Bellabay Realty Tri Counties

    (313) 204-0310

    1 in this area

    161 Total Sales

    Section Image

  • S

    Buyer's Agent in 2023

    Sharon Witucki

    BERKSHIRE HATHAWAY HOME SVCS

  • S

    Buyer's Agent in 2023

    Scott Van de Vyver

    Bellabay Realty Tri Counties

    Section Image
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Map

Source: Realcomp

MLS Number: 20221067518

Realcomp

APN: 21-020353

Michigan Wayne County Detroit 48205 Von Steuben

12932 Greiner St, Detroit, MI

This home is located at 12932 Greiner St, Detroit, MI 48205 since 12 December 2022 and is currently estimated at $92,000, approximately $31 per square foot. This property was built in 1930. 12932 Greiner St is a home located in Wayne County with nearby schools including Edward 'Duke' Ellington Conservatory of Music and Art, Charles L. Spain Elementary-Middle School, and Bates Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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