$270,000
SOLD MAR 17, 2021

1347 Wayburn St Grosse Pointe, MI 48230

4 Beds
2 Baths
1,672 Sq Ft
3,049 Sq Ft Lot

Recently Sold

$161 Per Sq Ft

2% Below List Price

4 Days on Market

Highlights

  • Colonial Architecture
  • Covered patio or porch
  • Forced Air Heating and Cooling System
  • Cass Technical High School Rated 10
  • Awning
  • Garage

About This Home

As of June 2023

Investors and owner occupant dream! Spacious two family in Grosse Pointe Park. 2 bedroom one bath per unit. Hardwood floors throughout with lots of natural light. Recently updated. This a great opportunity to have an investment property with solid rental monthly income. Upper is vacant. Lower unit has a current lease with amazing tenants! Perfect scenario for an owner occupant property. Central air, 2 car garage, and nice fenced in back yard. Close to West Park and the Charlevoix District restaurants, shops and nightlife. Take advantage of all that Grosse Pointe has to offer including two private resident only water front parks! Close proximity to downtown Detroit. 24 hour notice to show starting 2/12/21.

Last Agent to Sell the Property

Michael Defauw

Sine & Monaghan LLC License #6501387091 Listed on: 02/05/2021

Sine & Monaghan LLC

Last Buyer's Agent

Christian Purchiss

Berkshire Hathaway HomeServices The Loft Warehouse License #6501414845

Berkshire Hathaway HomeServices The Loft Warehouse

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1927

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 30.00x101.50
  • Fenced

Parking

  • Garage

Home Design

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

Interior Spaces

  • 2 Full Bathrooms
  • 1,672 Sq Ft Home
  • 2-Story Property
  • Awning
  • Unfinished Basement

Outdoor Features

  • Covered patio or porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 39007120032000

Community Details

Overview

  • 2 Units
  • Alter Wood Park Sub Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,920

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1927
  • State Equalized Value: 81900.0000
  • Pets Allowed: Yes
  • 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: 1672
  • Total Sq Ft: 1672
  • Sq Ft Total Bsmt: 836

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Aluminum, Brick
  • Exterior Features: Awning/Overhang(s), Fenced
  • Foundation Materials: Block
  • Frontage Feet: 30
  • Porch Type: Porch, Porch - Covered
  • Road Frontage Type: Paved

Garage/Parking

  • MF Parking: Garages

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Sewer at Street
  • Water Heater Fuel: Natural Gas
  • Water Source: Municipal Water
  • Laundry Facilities: No

Schools

  • School District: Grosse Pointe

Lot Info

  • List Price per Acre: 3928571.4286
  • Lot Size Area: 0.07
  • Lot Dimensions: 30.00X101.50
  • Parcel Number: 39007120032000
  • Zoning: Multi-Family

Rental Info

  • Legal Rental Certified: Yes

Tax Info

  • Tax Amount Summer: 1135.0000
  • Tax Amount Winter: 1785.0000
  • Total Tax: 2920.0000
  • Taxable Value: 44626.0000

Multi Family

  • Number Of Units Total: 2
  • Unit Count: 1
  • Number of Two Bedroom Units: 2

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
$363,803

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,803
Avg. Annual Appreciation
6.52%
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 landscaping

    Paula M. Morris Adlhoch & Associates, REALTORS

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Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $270,000 Ata National Title Group Llc
Warranty Deed $145,000 Greco
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $261,000 New Conventional
Closed $265,109 FHA
Previous Owner $124,381 New Conventional
Previous Owner $130,500 Fannie Mae Freddie Mac
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: 2210007172

Realcomp

APN: 39-007-12-0032-000