NOT LISTED FOR SALE

1347 Wayburn St Grosse Pointe, MI 48230

Estimated Value: $312,000 - $403,000

4 Beds
2 Baths
1,900 Sq Ft
$185/Sq Ft Est. Value

Last Sold June 09, 2023

Last sale price $350,000 $184 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,219/month

12 Days on Market

Highlights

  • Terrace
  • Covered patio or porch
  • Forced Air Heating and Cooling System
  • Cass Technical High School Rated 10
  • 1-Story Property
  • Garage

About This Home

As of June 2023

Grosse Pointe Park Investor/Owner-Occupant Opportunity! Well maintained Multi-Family with 2 bedroom and 1 bathroom units on each floor! Each unit has covered porch area and central air. 2 Car garage with easy alley access and cozy back yard. Walkable to both the West Park area and the Charlevoix Corridor restaurants and shops. Private Grosse Pointe Park Amenities available to owners/occupants! Opportunity is waiting for you! Lower unit is tenanted until end of May. 24 hr notice to show.

Last Agent to Sell the Property

Christian Purchiss

Berkshire Hathaway HomeServices The Loft Warehouse License #6501414845 Listed on: 05/17/2023

Berkshire Hathaway HomeServices The Loft Warehouse

Last Buyer's Agent

Kevin Hill

Max Broock, REALTORS®-Detroit License #RCO-6501386910

Max Broock, REALTORS®-Detroit

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1927

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 30.00 x 101.50

Home Design

  • Duplex
  • Brick Exterior Construction
  • Brick Foundation
  • Asphalt Roof

Interior Spaces

  • 2 Full Bathrooms
  • 1,900 Sq Ft Home
  • 1-Story Property

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • Garage
  • On-Street Parking

Outdoor Features

  • Covered patio or porch
  • Terrace

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 39007120032000
  • $5,000 Seller Concession

Community Details

Overview

  • 2 Units
  • Alter Wood Park Sub Subdivision

Amenities

  • Laundry Facilities

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,802

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 1 Story
  • Assessment: 1047.00
  • Year Built: 1927
  • State Equalized Value: 99500.0000
  • Pets Allowed: Cats OK | Dogs OK
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Interior Amenities: Laundry Facility
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Interior Entry (Interior Access), Unfinished, Common
  • Sq Ft Combined: 1900
  • Total Sq Ft: 1900
  • Sq Ft Total Bsmt: 836

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Aluminum, Brick
  • Foundation Materials: Brick/Mortar
  • Porch Type: Porch - Covered, Porch, Terrace
  • Road Frontage Type: Paved

Garage/Parking

  • Garage: Yes
  • MF Parking: Garages, On Street

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: Yes

Schools

  • School District: Grosse Pointe

Lot Info

  • Lot Size Area: 0.07
  • Lot Dimensions: 30.00 x 101.50
  • Parcel Number: 39007120032000
  • Zoning: Multi-Family

Rental Info

  • Monthly Rental Income: 1400

Tax Info

  • Tax Amount Summer: 3527.0000
  • Tax Amount Winter: 4275.0000
  • Total Tax: 7802.0000
  • Taxable Value: 99500.0000

Multi Family

  • Gross Scheduled Income: 16800.00
  • Number Of Units Total: 2
  • Number of Two Bedroom Units: 2
  • Number Of Units Leased: 1

MLS Schools

  • School District: Grosse Pointe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2021
Closed on
Mar 16, 2021
Sold by
Skipp Mary S and Skipp Douglas A
Bought by
Bonini Raul
Seller's Agent
Michael Defauw
Sine & Monaghan LLC
Buyer's Agent
Christian Purchiss
Berkshire Hathaway HomeServices The Loft Warehouse
List Price
$275,000
Sold Price
$270,000
Premium/Discount to List
-$5,000
-1.82%
Current Estimated Value
$352,212

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,212
Avg. Annual Appreciation
6.86%
Original Mortgage
$265,109
Interest Rate
2.8%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 2, 2006
Sold by
Scomazzon James J and Scomazzon Beverly S
Bought by
Skipp Douglas A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,500
Interest Rate
6.3%
Mortgage Type
Fannie Mae Freddie Mac
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
Bonini Raul $270,000 Ata National Title Group Llc
Skipp Douglas A $145,000 Greco
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Golden Gary $261,000
Closed Bonini Raul $265,109
Previous Owner Skipp Mary S $124,381
Previous Owner Skipp Douglas A $130,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2023 06/09/23 Sold $350,000 +1.4% $184 / Sq Ft
05/30/2023 05/30/23 Pending -- -- --
05/17/2023 05/17/23 For Sale $345,000 +27.8% $182 / Sq Ft
03/17/2021 03/17/21 Sold $270,000 -1.8% $161 / Sq Ft
02/10/2021 02/10/21 Pending -- -- --
02/05/2021 02/05/21 For Sale $275,000 0.0% $164 / Sq Ft
10/30/2019 10/30/19 Rented $1,150 0.0% --
10/29/2019 10/29/19 Under Contract -- -- --
09/30/2019 09/30/19 Price Changed $1,150 -11.5% $1 / Sq Ft
09/06/2019 09/06/19 For Rent $1,300 -- --
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 $3,079 $124,100 $0 $0
2023 $5,065 $120,600 $0 $0
2022 $3,527 $99,500 $0 $0
2021 $2,976 $90,000 $0 $0
2019 $2,907 $76,900 $0 $0
2018 $1,106 $59,700 $0 $0
2017 $3,797 $41,400 $0 $0
2016 $2,953 $47,900 $0 $0
2015 $4,139 $42,100 $0 $0
2013 $4,010 $41,900 $0 $0
2012 $1,160 $43,400 $6,500 $36,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20230037846

Realcomp

APN: 39-007-12-0032-000