NOT LISTED FOR SALE

Estimated Value: $52,000 - $89,000

3 Beds
1 Bath
1,115 Sq Ft
$64/Sq Ft Est. Value

Last Sold January 25, 2024

Last sale price $75,000 $67 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $485/month

99 Days on Market

Highlights

  • No HOA
  • Bungalow
  • Fenced
  • Cass Technical High School Rated 10
  • Forced Air Heating System

About This Home

As of January 2024

**TURNKEY**NEW PRICE** 16.35% ROI! Cash flow immediately when purchased! Section 8 Tenant Paying $1,300/month. Brick ranch fully rehabbed inside & out, 3 bedroom 1 bath! Updates include Newly updated kitchen, bathroom, vinyl flooring throughout floors, new hot water tank, windows and furnace! Convenient location close to highways, shopping and public transit. Only 20 min to downtown, blocks from schools, parks, entertainment & more. Great Section 8 tenants. Make an offer today, while it lasts! Please do not disturb tenants/prefers appointments from 2:00-6:30 and through Showing Time please! $ 1,300.00 Rent per month $ 15,600.00 Yearly return $ 1,229.00 Year Property Taxes $ 1,620.00 Repairs and allowables $ 12,751.00 Net 16..35% Cash-on-cash ALL RESPECTABLE CASH OFFERS WILL BE ENTERTAINED.

Last Agent to Sell the Property

Shawn Calhoun

Pretty Home Realty License #6501309127 Listed on: 08/19/2023

Last Buyer's Agent

John Kral

Fathom Realty MI LLC License #6501447360

Fathom Realty MI LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1949

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 40.00 x 150.00
  • Fenced

Home Design

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

Interior Spaces

  • 1,115 Sq Ft Home
  • 1.5-Story Property
  • Living Room with Fireplace
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Location

  • Ground Level

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Gratiot Gardens Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number W21I007415S
  • $2,250 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,229

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Assessment: 240.00
  • Warranty: Yes
  • Year Built: 1949
  • State Equalized Value: 14500.0000
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Fireplace: Yes
  • Fireplace Locations: Living Room
  • Room Count: 7
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 1115
  • Total Sq Ft: 1115
  • Sq Ft Total Bsmt: 901

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: Fenced
  • Foundation Materials: Block
  • Frontage Feet: 40
  • Road Frontage Type: Paved
  • Fencing: Fenced

Garage/Parking

  • Garage Size: No Garage

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Detroit

Lot Info

  • Lot Size Area: 0.14
  • Lot Dimensions: 40.00 x 150.00
  • Parcel Number: W21I007415S

Tax Info

  • Tax Amount Summer: 1122.0000
  • Tax Amount Winter: 107.0000
  • Total Tax: 1229.0000
  • Taxable Value: 11312.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2023
Closed on
Jan 25, 2024
Sold by
Vier Diamond Llc
Bought by
Amb Consulting Llc
Seller's Agent
Shawn Calhoun
Pretty Home Realty
Buyer's Agent
John Kral
Fathom Realty MI LLC
List Price
$75,000
Sold Price
$75,000
Views
63
Current Estimated Value
$70,970

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,030
Avg. Annual Appreciation
-1.19%
Original Mortgage
$60,000
Outstanding Balance
$59,230
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$14,354

Purchase Details

Closed on
Aug 29, 2019
Sold by
The Empowerment Club
Bought by
Vier Diamond Llc

Purchase Details

Closed on
Dec 21, 2005
Sold by
Walton Rhoda
Bought by
Deutsche Bank Natioanal Trust Co and New Century Equity Loan Trust 2005-2

Purchase Details

Closed on
Mar 7, 2005
Sold by
King Clarence
Bought by
Walton Rhoda

Purchase Details

Closed on
Nov 30, 2001
Sold by
Wilcox Gwenne
Bought by
Wilcox Jan
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
Amb Consulting Llc $75,000 None Listed On Document
Amb Consulting Llc $75,000 None Listed On Document
Vier Diamond Llc $6,000 None Available
Deutsche Bank Natioanal Trust Co $67,500 None Available
Walton Rhoda $83,000 None Available
King Clarence -- Jefferson Title Llc
Lyons Dennis P $6,500 Multiple
Wilcox Jan -- Great Lakes Title Of Mi
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Amb Consulting Llc $60,000
Closed Amb Consulting Llc $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/25/2024 01/25/24 Sold $75,000 0.0% $67 / Sq Ft
11/27/2023 11/27/23 Pending -- -- --
09/28/2023 09/28/23 Price Changed $75,000 -3.8% $67 / Sq Ft
09/19/2023 09/19/23 Price Changed $78,000 +4.0% $70 / Sq Ft
08/19/2023 08/19/23 For Sale $75,000 -- $67 / 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 $1,189 $22,000 $0 $0
2024 $1,189 $19,100 $0 $0
2023 $1,154 $15,000 $0 $0
2022 $1,229 $14,500 $0 $0
2021 $1,196 $11,800 $0 $0
2020 $1,196 $10,800 $0 $0
2019 $939 $9,600 $0 $0
2018 $803 $9,200 $0 $0
2017 $136 $10,000 $0 $0
2016 $872 $8,400 $0 $0
2015 $840 $8,400 $0 $0
2013 $1,164 $11,640 $0 $0
2010 -- $27,270 $941 $26,329
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20230069440

Realcomp

APN: 21-007415