$201,650
SOLD AUG 28, 2019
6 Beds
4 Baths
3,600 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$56 Per Sq Ft

16% Below List Price

23 Days on Market

About This Home

As of December 2022

We are pleased to offer 1350 & 1344 Alter Road, a 4 unit building located in Jefferson Chalmers. The building is situated on Alter Road between Kercheval and Jefferson, one block from Grosse Pointe. The brick building features hardwood floors throughout and features (2) 2 bedrooms units and (2) 1 bedroom units. A future owner can come in with fresh capital and upgrade individual apartments and make building wide renovations to add value. Sale includes 1344 Alter Road, a 3,049 SF developable lot. Property tours will be Thursday, April 25th at 3:00 PM and Friday, April 26th at Noon.

Last Agent to Sell the Property

Vincent Mazzola

O'Connor Realty Detroit, LLC License #6501387170 Listed on: 04/18/2019

Co-Listed By

Tyler Baldwin

O'Connor Realty Detroit, LLC License #6501417377

Last Buyer's Agent

Kevin Hill

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

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1924

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 77x101x77x101

Home Design

  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • 4 Full Bathrooms
  • 3,600 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 4 Units
  • Turnbull & Epsteans Jefferson Ave Subdivision

Listing and Financial Details

  • Assessor Parcel Number W21I062723S

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$963

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement: Yes
  • Basement Type: Common
  • Sq Ft Combined: 3600
  • Total Sq Ft: 3600
  • Sq Ft Total Bsmt: 1800

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Brick/Mortar
  • Frontage Feet: 77
  • Road Frontage Type: Paved

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 2181818.1818
  • Lot Size Area: 0.11
  • Lot Dimensions: 77x101x77x101
  • Parcel Number: W21I062723S
  • Zoning: Multi-Family

Rental Info

  • Legal Rental Certified: Yes
  • Monthly Rental Income: 2500

Tax Info

  • Tax Amount Summer: 895.0000
  • Tax Amount Winter: 68.0000
  • Total Tax: 963.0000

Multi Family

  • Gross Scheduled Income: 30000.00
  • Number Of Units Total: 4
  • Number of One Bedroom Units: 2
  • Number of Two Bedroom Units: 2
  • Number Of Units Leased: 4

MLS Schools

  • School District: Detroit

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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

Property History

Date Event Price Change Sq Ft Price
12/19/2022 12/19/22 Sold $325,000 -7.1% $90 / Sq Ft
12/16/2022 12/16/22 Pending -- -- --
11/21/2022 11/21/22 Price Changed $350,000 -12.3% $97 / Sq Ft
10/17/2022 10/17/22 Price Changed $399,000 -7.0% $111 / Sq Ft
09/23/2022 09/23/22 For Sale $429,000 +112.7% $119 / Sq Ft
08/28/2019 08/28/19 Sold $201,650 -16.0% $56 / Sq Ft
05/11/2019 05/11/19 Pending -- -- --
04/18/2019 04/18/19 For Sale $240,000 -- $67 / Sq Ft
Source: Realcomp

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 219035051

Realcomp

APN: 21-062723.