$375,000
SOLD MAY 16, 2025

1318 Wayburn St Grosse Pointe, MI 48230

4 Beds
2 Baths
1,932 Sq Ft
3,485 Sq Ft Lot

Recently Sold

$194 Per Sq Ft

5 Days on Market

Highlights

  • Porch
  • Forced Air Heating and Cooling System
  • Laundry Facilities
  • George Defer Elementary School Rated A
  • 4 Car Garage

About This Home

As of May 2025

West Park two-unit apartment building with a rare open-concept layout and central AC, offering strong in-place cash flow! Located in the rapidly appreciating West Park neighborhood of Grosse Pointe Park—one of Metro Detroit’s most desirable rental markets—this property boasts a long list of features.The recently renovated upper apartment features an open-concept layout, a beautifully updated bathroom, a new furnace and AC unit, and a private balcony. Throughout the building, you'll find charming original details and stunning hardwood floors.Both apartments have private basements with washer/dryer hookups and ample storage. Additional highlights include a two-car garage, a new privacy fence, and a lovely backyard—perfect for pets.Owner covers water, lawn care, and snow removal, while tenants handle gas and electric. The property currently grosses $34,200 per year, with one unit rented below market value—offering potential for even higher returns!Just steps from everything West Park has to offer, including Le Rouge Coffee & Bakery, Howlers & Growlers, The Charlevoix, 313 Wine Bar, Atwater Brewery, The Bricks, and more!Access to 2 resident only waterfront parks with pool, boat wells, movie theatres, fitness center, playscapes, and much more!

Last Agent to Sell the Property

Jimmy Saros

Jim Saros Real Estate Services License #6501398798 Listed on: 04/04/2025

Last Buyer's Agent

Danny Dedic

EXP Realty Main License #6501413713

EXP Realty Main

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1924

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 34.80 x 101.50

Parking

  • 4 Car Garage

Home Design

  • Duplex
  • Brick Foundation
  • Vinyl Construction Material

Interior Spaces

  • 2 Full Bathrooms
  • 1,932 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Outdoor Features

  • Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 39007130018000

Community Details

Overview

  • 2 Units
  • Alter Heights Sub Subdivision

Amenities

  • Laundry Facilities

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,907

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 2 Story
  • Year Built: 1924
  • State Equalized Value: 128800.0000
  • Pets Allowed: Call
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Laundry Facility
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 1932
  • Total Sq Ft: 1932
  • Sq Ft Total Bsmt: 960

Exterior Features

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

Garage/Parking

  • Garage: Yes
  • MF Parking: Garage
  • Total Parking Spaces: 4

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Sewer at Street
  • Water Source: Water at Street
  • Laundry Facilities: Yes

Schools

  • School District: Grosse Pointe

Lot Info

  • Lot Size Area: 0.08
  • Lot Dimensions: 34.80 x 101.50
  • Parcel Number: 39007130018000
  • Zoning: Multi-Family

Rental Info

  • Rent Includes: Water/Sewer, Snow Removal, Trash Collection, Water, Yard Maintenance
  • Monthly Rental Income: 2850

Tax Info

  • Tax Amount Summer: 2607.0000
  • Tax Amount Winter: 4300.0000
  • Total Tax: 6907.0000
  • Taxable Value: 105088.0000

Multi Family

  • Gross Scheduled Income: 34200.00
  • Number Of Units Total: 2
  • Number of Two Bedroom Units: 2
  • Number Of Units Leased: 2

MLS Schools

  • School District: Grosse Pointe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 30, 2023
Sold by
Snyder Joseph Jacob
Bought by
63 Investments Llc
Total Days on Market
5

Purchase Details

Listed on
May 7, 2019
Closed on
Jul 11, 2019
Sold by
Zhu Xijia
Bought by
Snyder Joseph Jacob
Seller's Agent
Spencer Ray
Jim Saros Real Estate Services
Buyer's Agent
Tim Urso
National Realty Centers, Inc
List Price
$225,000
Sold Price
$218,400
Premium/Discount to List
-$6,600
-2.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.97%
Original Mortgage
$214,444
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 11, 2014
Sold by
Acton Suzanne
Bought by
Zhu Xijia

Purchase Details

Closed on
Aug 25, 1999
Sold by
Cassisi Christine P
Bought by
Acton Suzanne Acton

Purchase Details

Closed on
Jun 10, 1994
Sold by
Pavliscak Phillip J
Bought by
Christine P Cassisi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
8.58%
Mortgage Type
New Conventional
Source: Public Records

Similar Home in Grosse Pointe, MI

  • 1258 Wayburn St Unit 1260, Grosse Pointe, MI 48230

    $325,000

    • 4 Beds
    • 2 Baths
    • 2,014 Sq Ft
    • 1258 Wayburn St
    • Unit 1260
    • Grosse Pointe, MI

    This is a well maintained 2 family in Grosse Pointe Park It features Updated kitchens, hardwood floors. New roof and new furnace in lower with central air conditioning. Great location with walking distance to schools, West Park restaurant district and two lake front parks Lower rents $1300 per month with a lease through Sept 2025. Upper $1200 per month with a lease thru Sept. 2025

    Paula M. Morris Adlhoch & Associates, REALTORS

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed $218,400 Chirco Title Agency Inc
Warranty Deed $93,000 Greco Title Agency Llc
Deed $124,500 --
Deed $71,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $217,500 New Conventional
Previous Owner $214,267 FHA
Previous Owner $214,444 FHA
Previous Owner $103,250 New Conventional
Previous Owner $30,000 New Conventional
Previous Owner $100,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2025 05/16/25 Sold $375,000 0.0% $194 / Sq Ft
04/10/2025 04/10/25 Pending -- -- --
04/04/2025 04/04/25 For Sale $375,000 0.0% $194 / Sq Ft
02/19/2020 02/19/20 Rented $975 -11.4% --
11/15/2019 11/15/19 For Rent $1,100 0.0% --
07/11/2019 07/11/19 Sold $218,400 -2.9% $113 / Sq Ft
06/13/2019 06/13/19 Pending -- -- --
05/07/2019 05/07/19 For Sale $225,000 0.0% $116 / Sq Ft
07/07/2018 07/07/18 Rented $1,100 0.0% --
06/23/2018 06/23/18 Under Contract -- -- --
05/07/2018 05/07/18 For Rent $1,100 +58.3% --
03/26/2012 03/26/12 Rented $695 0.0% --
03/26/2012 03/26/12 Under Contract -- -- --
09/21/2011 09/21/11 For Rent $695 -- --
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
2024 $2,607 $128,800 $0 $0
2023 $2,490 $125,200 $0 $0
2022 $2,365 $110,300 $0 $0
2021 $5,367 $99,900 $0 $0
2019 $3,525 $85,300 $0 $0
2018 $1,283 $64,600 $0 $0
2017 $3,744 $43,200 $0 $0
2016 $3,106 $54,100 $0 $0
2015 $4,800 $48,000 $0 $0
2013 $4,100 $47,800 $0 $0
2012 $1,340 $49,300 $10,800 $38,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20250021770

Realcomp

APN: 39-007-13-0018-000