NOT LISTED FOR SALE

1371 Wayburn St Grosse Pointe, MI 48230

Estimated Value: $255,000 - $309,000

4 Beds
2 Baths
1,872 Sq Ft
$152/Sq Ft Est. Value

Last Sold August 06, 2021

Last sale price $230,000 $123 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $1,694/month

28 Days on Market

Highlights

  • Balcony
  • Porch
  • Ceiling Fan
  • Cass Technical High School Rated 10
  • Forced Air Heating System
  • Laundry Facilities

About This Home

As of August 2021

Beautiful two family in Grosse Pointe Park. Both are 2 bedroom/1 bath units. Lower flat has been updated with open concept floor plan with stainless steel appliances. Hardwood floors throughout. Close to West Park restaurants and the Charlevoix District and all that Grosse Pointe Park has to offer including two private resident only waterfront parks. This is an investor's dream! Off-street parking. All appliances included. Pictures of lower unit only. If you are looking for a solid investment property this is it! Currently 2 great long term tenants! 15 minutes to downtown Detroit. Don't miss out on this amazing opportunity to purchase a duplex under in Grosse Pointe under 230K! Showings starting this weekend 4/17/21 times are 10-7 Saturday and Sunday to see both units.

Last Agent to Sell the Property

Michael Defauw

Sine & Monaghan LLC License #6501387091 Listed on: 04/17/2021

Sine & Monaghan LLC

Last Buyer's Agent

Steven Koski

Brookstone, Realtors LLC License #RCO-6501408726

Brookstone, Realtors LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1923 | Remodeled in 2016

Lot Details

  • Lot Dimensions are 30x101.47

Parking

  • Paved Parking

Home Design

  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2 Full Bathrooms
  • 1,872 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Balcony
  • Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 39007120024000

Community Details

Overview

  • 2 Units
  • Alter Wood Park Sub Subdivision

Amenities

  • Laundry Facilities

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,521

Year Built

Built in 1923 | Remodeled in 2016

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Year Built: 1923
  • State Equalized Value: 67900.0000
  • Year Renovated: 2016
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Laundry Facility
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished, Common
  • Sq Ft Combined: 1872
  • Total Sq Ft: 1872
  • Sq Ft Total Bsmt: 936

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Foundation Materials: Block
  • Frontage Feet: 30
  • Porch Type: Balcony, Porch
  • Road Frontage Type: Paved

Garage/Parking

  • MF Parking: Paved

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s)
  • Heating: Forced Air
  • Sewer: Sewer at Street
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: Yes

Schools

  • School District: Grosse Pointe

Lot Info

  • Lot Dimensions: 30X101.47
  • Parcel Number: 39007120024000
  • Zone Conform: Yes
  • Zoning: Multi-Family
  • Percent Homestead Exempt: Yes

Rental Info

  • Legal Rental Certified: Yes
  • Monthly Rental Income: 1575

Tax Info

  • Tax Amount Summer: 1664.0000
  • Tax Amount Winter: 1857.0000
  • Total Tax: 3521.0000
  • Taxable Value: 65419.0000

Multi Family

  • Gross Scheduled Income: 18900.00
  • Number Of Units Total: 2
  • Unit Count: 2
  • Number of Two Bedroom Units: 2
  • Number Of Units Leased: 2

MLS Schools

  • School District: Grosse Pointe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 11, 2021
Sold by
Pytiak Kathryn
Bought by
Bahoura Neevel
Current Estimated Value
$285,402

Purchase Details

Listed on
May 10, 2018
Closed on
Sep 21, 2018
Sold by
Holloway Aaron
Bought by
Pytiak Kathryn
Seller's Agent
Michael Defauw
Sine & Monaghan LLC
Buyer's Agent
Marsha Zeller
List Price
$199,900
Sold Price
$180,000
Premium/Discount to List
-$19,900
-9.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.08%
Original Mortgage
$176,739
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Listed on
Mar 20, 2018
Closed on
Mar 30, 2018
Sold by
Allan Russell K
Bought by
Holloway Aaron
Seller's Agent
Christine Jurack
Sine & Monaghan LLC
Buyer's Agent
Michael Defauw
Sine & Monaghan LLC
List Price
$169,950
Sold Price
$162,500
Premium/Discount to List
-$7,450
-4.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.21%

Purchase Details

Closed on
Aug 22, 2013
Sold by
Peck John M and Peck Deborah L
Bought by
Allan Russell K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,184
Interest Rate
4.4%
Mortgage Type
FHA
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

    Section Image

Range of Values:

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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
Bahoura Neevel $230,000 Ata National Title Group Llc
Pytiak Kathryn $180,000 Ata National Title Group Llc
Holloway Aaron $162,500 Ata National Title Group Llc
Allan Russell K $106,000 Fidelity Natl Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bahoura Neevel $195,500
Previous Owner Pytiak Kathryn $176,739
Previous Owner Allan Russell K $102,184
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2021 08/06/21 Sold $230,000 +0.4% $123 / Sq Ft
05/16/2021 05/16/21 Pending -- -- --
04/17/2021 04/17/21 For Sale $229,000 +27.2% $122 / Sq Ft
09/24/2018 09/24/18 Sold $180,000 -7.6% $96 / Sq Ft
08/14/2018 08/14/18 Pending -- -- --
07/01/2018 07/01/18 Price Changed $194,900 -2.5% $104 / Sq Ft
05/10/2018 05/10/18 For Sale $199,900 +23.0% $107 / Sq Ft
03/30/2018 03/30/18 Sold $162,500 -4.4% $87 / Sq Ft
03/22/2018 03/22/18 Pending -- -- --
03/20/2018 03/20/18 For Sale $169,950 -- $91 / 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
2024 $2,145 $90,700 $0 $0
2023 $2,048 $88,300 $0 $0
2022 $1,946 $78,400 $0 $0
2021 $3,353 $72,900 $0 $0
2019 $3,450 $64,200 $0 $0
2018 $947 $51,200 $0 $0
2017 $2,907 $33,300 $0 $0
2016 $2,365 $39,800 $0 $0
2015 $3,546 $35,600 $0 $0
2013 $3,400 $35,500 $0 $0
2012 $996 $36,700 $6,500 $30,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2210025596

Realcomp

APN: 39-007-12-0024-000