NOT LISTED FOR SALE

Estimated Value: $95,295 - $127,000

4 Beds
2 Baths
1,425 Sq Ft
$77/Sq Ft Est. Value

Last Sold March 24, 2014

Last sale price $11,250 $8 Per Sq Ft

Est. 870% increase in value since last sale

Current estimated payment $686/month

3 Days on Market

Highlights

  • Porch
  • Cass Technical High School Rated 10
  • Forced Air Heating System

About This Home

As of March 2014

INVESTOR'S SPECIAL . . . TENANT OCCUPIED, PELASE ALLOW 24 HOUR NOTICE TO SHOW. PLEASE CALL LISTING AGENT TO SET APPOINTMENT. SALE AND COMMISSION ARE SUBJECT TO THIRD PARTY APPROVAL.

Last Agent to Sell the Property

Wally Schram

AmeriTrust Realty Corporation License #6502115471 Listed on: 11/22/2013

Co-Listed By

Kaye Mauter

AmeriTrust Realty Corporation License #6501315710

Last Buyer's Agent

Kaye Mauter

AmeriTrust Realty Corporation License #RCO-6501315710

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1926

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 35x108

Parking

  • Lighted Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2 Full Bathrooms
  • 1,425 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Outdoor Features

  • Porch

Utilities

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

Community Details

  • 2 Units
  • Amended Plat R Oakmans Turner & Ford Hwy Subdivision

Listing and Financial Details

  • Assessor Parcel Number W16I019651S

Property Details

Home Type

Multi-Family

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Assessment: YES
  • Year Built: 1926
  • Special Features: 12
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 1425
  • Total Sq Ft: 1425

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick, Wood
  • Porch Type: Porch
  • Road Frontage Type: Paved

Garage/Parking

  • MF Parking: Lighted

Utilities

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

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 58889.0000
  • Lot Size Area: 0.09
  • Lot Dimensions: 35X108
  • Parcel Number: W16I019651S
  • Zone Conform: Yes
  • Zoning: Residential
  • Homestead Percent: 0 Percent

Rental Info

  • Rent Includes: Water/Sewer
  • Legal Rental Certified: Yes
  • Monthly Rental Income: 1055

Tax Info

  • Tax Amount Summer: 1535.0000
  • Tax Amount Winter: 126.0000
  • Total Tax: 1661.0000

Multi Family

  • Gross Scheduled Income: 12660.00
  • Number Of Units Total: 2
  • Number of Two Bedroom Units: 2
  • Number Of Units Leased: 2

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 5, 2014
Sold by
Harris Herman
Bought by
Ljy Investments Llc
Current Estimated Value
$109,074

Purchase Details

Listed on
Nov 22, 2013
Closed on
Mar 24, 2014
Sold by
Young Jeffrey P and Young Kathy
Bought by
Harris Herman
Seller's Agent
Wally Schram
AmeriTrust Realty Corporation
Buyer's Agent
Kaye Mauter
AmeriTrust Realty Corporation
List Price
$5,300
Sold Price
$11,250
Premium/Discount to List
$5,950
112.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.65%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
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 Buyer Sale Price Title Company
Ljy Investments Llc -- None Available
Harris Herman $11,250 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2014 03/24/14 Sold $11,250 +112.3% $8 / Sq Ft
11/25/2013 11/25/13 Pending -- -- --
11/22/2013 11/22/13 For Sale $5,300 -- $4 / Sq Ft
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
2025 $1,110 $28,900 $0 $0
2024 $1,110 $24,900 $0 $0
2023 $1,077 $19,700 $0 $0
2022 $1,145 $15,600 $0 $0
2021 $1,115 $13,100 $0 $0
2020 $1,115 $14,800 $0 $0
2019 $1,099 $13,700 $0 $0
2018 $970 $11,700 $0 $0
2017 $176 $11,000 $0 $0
2016 $1,058 $34,700 $0 $0
2015 $970 $9,700 $0 $0
2013 $1,342 $13,417 $0 $0
2010 -- $19,224 $860 $18,364
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 213119998

Realcomp

APN: 16-019651