NOT LISTED FOR SALE

1328 Wayburn St Unit 1326 Grosse Pointe, MI 48230

Estimated Value: $337,000 - $372,000

4 Beds
2 Baths
2,016 Sq Ft
$174/Sq Ft Est. Value

Last Sold March 22, 2021

Last sale price $300,000 $149 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,223/month

11 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Forced Air Heating and Cooling System
  • George Defer Elementary School Rated A
  • Balcony

About This Home

As of March 2021

LIVE FOR FREE!!! Check out this two-family building that sits in one of the most prime locations in the Park; in-between Kercheval/Charlevoix shopping, dining, & nightlife! With market-rate leases in place, the rent/income that an additional unit offers grants one the opportunity to live in a completely renovated space for next to nothing. Both units have matching finishes, and are fully renovated.. The long list of features includes: renovated kitchen(s) w/granite surfaces, subway tile backsplash, replacement cabinets, & stainless steel appliances (including dishwasher + gas range!); renovated bathroom(s) w/new tile throughout, replacement tub insert, replacement toilet, replacement sink, & replacement fixtures throughout; refinished hardwoods; separate basement storage areas, each with own set of newer washer/dryer; central A/C; one new GFA furnace (approx. 2016); newer hot water tanks; newer roof w/plywood sheathing; replacement windows; updated plumbing and more!

Last Agent to Sell the Property

Jacob Davis

Jim Saros Real Estate Services License #MISPE-6501390544 Listed on: 02/12/2021

Last Buyer's Agent

Mark DerManulian

Metropolitan Real Estate Group License #RCO-6502286214

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1919

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 34x102

Parking

  • 3 Car Parking Spaces

Home Design

  • Duplex
  • Colonial Architecture
  • Vinyl Siding
  • Cedar

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Balcony
  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 39 007 13 0016 000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,687

Year Built

Built in 1919

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: MULTIFAMILY
  • Type: 1 To 4 Units, Duplex
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Styles: Colonial
  • Year Built: 1919
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator
  • Basement: Yes
  • Basement Type: Full
  • Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Dining Kitchen: Formal Dining Room
  • Source of Sq Ft: Public Records
  • Estimated Sq Ft: 2016

Exterior Features

  • Construction: Cedar, Vinyl Siding
  • Exterior Features: Deck, Exterior Balcony
  • Frontage: 34
  • Foundation Type: Basement

Garage/Parking

  • Parking: 3 Or More Spaces

Utilities

  • Water: Public Water
  • Water Heater: Gas
  • Cooling System: Central A/C
  • Heating System: Forced Air
  • Separate Electric: Yes
  • Separate Gas: Yes
  • Separate Heat: Yes
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: 39 007 13 0016 000
  • Location: Subdivision
  • Lot Dimensions: 34x102
  • Acreage: 0.08
  • Geo Subdivision: MI

Rental Info

  • Landlord Pays: Taxes, Water/Sewer
  • Lease Information: $1-4/Sq Ft

Tax Info

  • Summer Tax: Year: 2020, Amount: $1,418.00
  • Winter Tax: Year: 2020, Amount: $2,269.00
  • Taxable Value: 55756
  • Total Tax: Year: 2020, Amount: $3,687.00
  • SEV Year: 2020

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Grosse Pointe Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2021
Closed on
Mar 22, 2021
Sold by
Pope Jason
Bought by
Ball Douglas L
Seller's Agent
Jacob Davis
Jim Saros Real Estate Services
Buyer's Agent
Mark DerManulian
Metropolitan Real Estate Group
List Price
$285,000
Sold Price
$300,000
Premium/Discount to List
$15,000
5.26%
Current Estimated Value
$350,115

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,115
Avg. Annual Appreciation
3.91%
Original Mortgage
$255,000
Outstanding Balance
$232,031
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$121,066

Purchase Details

Closed on
Jan 15, 2003
Sold by
Mccormick Properties Llc
Bought by
Pope Jason
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 Buyer Sale Price Title Company
Ball Douglas L $300,000 Chirco Title Agency Inc
Pope Jason $162,000 Greco Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ball Douglas L $255,000
Previous Owner Pope Jason $133,600
Previous Owner Pope Jason $18,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2021 03/22/21 Sold $300,000 +5.3% $149 / Sq Ft
02/23/2021 02/23/21 Pending -- -- --
02/12/2021 02/12/21 For Sale $285,000 0.0% $141 / Sq Ft
08/28/2015 08/28/15 Rented $925 0.0% --
08/27/2015 08/27/15 Under Contract -- -- --
07/24/2015 07/24/15 For Rent $925 -- --
Source: Michigan Multiple Listing Service

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 $3,266 $139,900 $0 $0
2023 $3,119 $136,000 $0 $0
2022 $2,963 $119,400 $0 $0
2021 $3,288 $107,600 $0 $0
2019 $3,632 $91,900 $0 $0
2018 $1,382 $69,600 $0 $0
2017 $4,610 $48,900 $0 $0
2016 $3,622 $59,400 $0 $0
2015 $5,172 $52,500 $0 $0
2013 $5,010 $52,300 $0 $0
2012 $1,444 $54,100 $10,500 $43,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 50034181

Michigan Multiple Listing Service

APN: 39-007-13-0016-000