NOT LISTED FOR SALE

1316 N Rademacher St Detroit, MI 48209

Southwest Detroit Neighborhood

Estimated Value: $168,000 - $251,000

4 Beds
2 Baths
2,400 Sq Ft
$81/Sq Ft Est. Value

Last Sold December 08, 2023

Last sale price $158,000 $66 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $1,345/month

72 Days on Market

Highlights

  • Colonial Architecture
  • Forced Air Heating System
  • Dogs and Cats Allowed
  • Cass Technical High School Rated 10

About This Home

As of December 2023

Great Investment opportunity on this full brick Duplex 2 unit income property. includign the adjacent lot with the advantage of being a corner lot A perfect home for an investor or someone looking to live in one unit and rent out the other. Move in ready with a tenant on the First floor. With a ton of development going on in the area of the new International Gordie Howe Bridge. At this price point, this opportunity will not last. property sold "As Is". Each unit has separate electrical utilities updated in 2004. This will go quickly. *Proof of funds should be provided with the offer. - *All data and measurements are approx * Buyer/Buyers agent must be at sll showings and to verify all information and data. *PRE-APPROVED PURCHASER'S ONLY* Buyer to assume all repairs and sign ACR with City of Detroit. B.A.T.V.A.I.

The address for the additional lot is 1320 Rademacher.

Last Agent to Sell the Property

Luis Mendez

Good Company License #6501393157 Listed on: 09/23/2023

Good Company

Last Buyer's Agent

Luis Mendez

Good Company License #6501393157 Listed on: 09/23/2023

Good Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1925

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 30.00 x 112.00

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Brick Foundation
  • Block Foundation

Interior Spaces

  • 2 Full Bathrooms
  • 2,400 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number W18I007691S

Community Details

Overview

  • 2 Units
  • Stuarts Fort Sub A J Subdivision

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$950

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Assessment: 340.00
  • Year Built: 1925
  • State Equalized Value: 28900.0000
  • Pets Allowed: Cats OK, Dogs OK
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 2400
  • Total Sq Ft: 2400
  • Sq Ft Total Bsmt: 1200

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block, Brick/Mortar
  • Frontage Feet: 30
  • Road Frontage Type: Paved
  • Sideof Street: E

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Sewer at Street
  • Water Source: Water at Street

Schools

  • School District: Detroit

Lot Info

  • Lot Size Area: 0.08
  • Lot Dimensions: 30.00 x 112.00
  • Parcel Number: W18I007691S
  • Zoning: Multi-Family

Rental Info

  • Deposit Amount: 40000.00
  • Monthly Rental Income: 700

Tax Info

  • Tax Amount Summer: 884.0000
  • Tax Amount Winter: 66.0000
  • Total Tax: 950.0000
  • Taxable Value: 6978.0000

Multi Family

  • Gross Scheduled Income: 8400.00
  • Number Of Units Total: 2
  • Number of Two Bedroom Units: 2
  • Number Of Units Leased: 1

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 6, 2025
Sold by
Chavez Flor Estela
Bought by
Chavez Flor Estela and Chavez Victor Hugo
Current Estimated Value
$195,289

Purchase Details

Listed on
Sep 23, 2023
Closed on
Dec 8, 2023
Sold by
Chavez Florestela and Chavez Ferraro
Bought by
Ortiz Gerardina and Rodriguez Edual Anibal
Seller's Agent
Luis Mendez
Good Company
Buyer's Agent
Luis Mendez
Good Company
List Price
$160,000
Sold Price
$158,000
Premium/Discount to List
-$2,000
-1.25%
Views
104

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.25%
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
Chavez Flor Estela -- None Listed On Document
Ortiz Gerardina -- None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/08/2023 12/08/23 Sold $158,000 -1.3% $66 / Sq Ft
12/04/2023 12/04/23 Pending -- -- --
09/23/2023 09/23/23 For Sale $160,000 -- $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 $3,369 $51,700 $0 $0
2024 $3,369 $43,400 $0 $0
2023 $904 $34,200 $0 $0
2022 $950 $28,900 $0 $0
2021 $930 $22,200 $0 $0
2020 $930 $23,400 $0 $0
2019 $919 $18,100 $0 $0
2018 $832 $15,900 $0 $0
2017 $119 $14,500 $0 $0
2016 $892 $6,500 $0 $0
2015 $650 $6,500 $0 $0
2013 $720 $7,199 $0 $0
2010 -- $10,315 $653 $9,662
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2023

    Luis Mendez

    Good Company

    (248) 288-3500

    1 in this area

    52 Total Sales

    Luis Mendez
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Map

Source: Realcomp

MLS Number: 20230081248

Realcomp

APN: 18-007691

Michigan Wayne County Detroit 48209 Southwest Detroit

1316 N Rademacher St, Detroit, MI

This home is located at 1316 N Rademacher St, Detroit, MI 48209 since 23 September 2023 and is currently estimated at $195,289, approximately $81 per square foot. This property was built in 1925. 1316 N Rademacher St is a home located in Wayne County with nearby schools including Charles L. Spain Elementary-Middle School, Edward 'Duke' Ellington Conservatory of Music and Art, and Western International High School.

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.

Realcomp 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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