Seller's Agent in 2023
Eric Lang
KW Platinum
(810) 841-8303
1 in this area
110 Total Sales
1312 Alter Rd Detroit, MI 48215
Riverbend NeighborhoodEstimated Value: $108,000 - $269,000
4
Beds
2
Baths
1,742
Sq Ft
$108/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- Covered patio or porch
- Forced Air Heating System
- Cass Technical High School Rated 10
- Balcony
- Ceiling Fan
About This Home
As of October 2023Welcome to 1312 Alter Rd, Detroit! This stunning multi-family duplex building is now available for sale. Recently renovated, each unit offers 2 bedrooms, 1 bath, a living/dining area, and a brand new kitchen with modern updates including granite countertops, breakfast bar, cabinets, and stainless steel appliances. Vinyl plank flooring, fresh paint, carpet, and light fixtures have been added to each unit as well.
The property also features updated electrical and plumbing systems, furnace's & HWT are new as well as new windows throughout the building. Both units have access to their own private half of the shared basement, providing additional storage space & laundry areas for each unit.
Located on the border of Grosse Pointe Park, this property offers the best of both worlds - the quiet suburban feel, with all of the entertainment, shopping, coffee shops, and restaurants that Jefferson and Kercheval Avenues have to offer, just a short walk away. The upcoming World class Schaap Center of the Performing Arts, which is currently under construction and expected to be completed in 2025, will only add to the appeal of this already desirable location!
Whether you're looking to house hack or make it your next income-producing property, this multi-family duplex building is an excellent investment opportunity that you won't want to miss. Don't wait - schedule a showing today!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
Year Built
- Built in 1920
Lot Details
- 3,049 Sq Ft Lot
- Lot Dimensions are 30.00 x 101.00
- Private Entrance
Parking
- 2 Parking Spaces
Home Design
- Duplex
- Colonial Architecture
- Brick Exterior Construction
- Brick Foundation
- Asphalt Roof
- Vinyl Construction Material
Interior Spaces
- 2 Full Bathrooms
- 1,742 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Unfinished Basement
Outdoor Features
- Balcony
- Covered patio or porch
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
Listing and Financial Details
- Assessor Parcel Number W21I062717S
Community Details
Overview
- 2 Units
- Turnbull & Epsteans Jefferson Ave Subdivision
Pet Policy
- Call for details about the types of pets allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 26, 2023
Closed on
Sep 6, 2023
Sold by
Nisan Llc
Bought by
Rucker Zaiya
Seller's Agent
Eric Lang
KW Platinum
Buyer's Agent
Karriem Hunter
Good Company
List Price
$249,900
Sold Price
$230,000
Premium/Discount to List
-$19,900
-7.96%
Views
347
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$41,637
Avg. Annual Appreciation
-7.95%
Original Mortgage
$230,000
Outstanding Balance
$226,835
Interest Rate
7.31%
Mortgage Type
New Conventional
Estimated Equity
-$28,535
Purchase Details
Closed on
Oct 7, 2003
Sold by
Wierzbicki Margaret R and Wierzbicki Joseph T
Bought by
Wierzbicki Margaret R and Margaret R Wierzbicki Revocable Living T
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rucker Zaiya | $230,000 | None Listed On Document | |
| Rucker Zaiya | $230,000 | None Listed On Document | |
| Wierzbicki Margaret R | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Rucker Zaiya | $230,000 | |
| Closed | Rucker Zaiya | $230,000 | |
| Previous Owner | Rucker Zaiya | $230,000 | |
| Previous Owner | Zelinger Chaim | $80,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/25/2023 10/25/23 | Sold | $230,000 | 0.0% | $132 / Sq Ft |
| 10/16/2023 10/16/23 | Pending | -- | -- | -- |
| 07/19/2023 07/19/23 | Price Changed | $229,900 | -8.0% | $132 / Sq Ft |
| 04/26/2023 04/26/23 | For Sale | $249,900 | -- | $143 / Sq Ft |
Source: Realcomp
Tax History Compared to Growth
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 | $1,667 | $23,600 | $0 | $0 |
| 2024 | $1,667 | $20,800 | $0 | $0 |
| 2023 | $1,595 | $16,300 | $0 | $0 |
| 2022 | $586 | $14,800 | $0 | $0 |
| 2021 | $578 | $11,100 | $0 | $0 |
| 2020 | $578 | $14,500 | $0 | $0 |
| 2019 | $473 | $12,700 | $0 | $0 |
| 2018 | $538 | $11,500 | $0 | $0 |
| 2017 | $48 | $11,800 | $0 | $0 |
| 2016 | $562 | $2,600 | $0 | $0 |
| 2015 | $260 | $2,600 | $0 | $0 |
| 2013 | $294 | $2,935 | $0 | $0 |
| 2010 | -- | $4,303 | $402 | $3,901 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2023
Karriem Hunter
Good Company
(734) 231-1413
1 in this area
65 Total Sales
Map
Source: Realcomp
MLS Number: 20230030654
APN: 21-062717
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IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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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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