$162,500
SOLD MAR 30, 2018

1371 Wayburn St Grosse Pointe, MI 48230

4 Beds
2 Baths
1,872 Sq Ft
1923 Built

Recently Sold

$87 Per Sq Ft

4% Below List Price

2 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

Great opportunity to own this tenant occupied two family in the heart of Grosse Pointe Park. Lower unit, 2 bedrooms, 1 bath. Updated galley kitchen with stainless steel appliances. Very spacious open floor plan. Beautifully refinished hardwood floors. Dining area. Upper has long term tenant (9 plus years). 2 bedrooms, 1 bath. Dining area. Carpeted throughout. Balcony. Separate furnaces, hot water tanks and updated electrical boxes. Glass block windows. Washer/Dryer. 3 parking spaces in rear. Pictures of lower unit only.

Last Agent to Sell the Property

Christine Jurack

Sine & Monaghan LLC License #6501268663 Listed on: 03/20/2018

Sine & Monaghan LLC

Last Buyer's Agent

Michael Defauw

Sine & Monaghan LLC License #6501387091

Sine & Monaghan 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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,365

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
  • Assessment: 267.5
  • Year Built: 1923
  • Year Renovated: 2016
  • 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: Common, Unfinished
  • 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: No

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

  • Rent Includes: Trash Collection (Garbage Pickup), Snow Removal, Water/Sewer, Yard Maintenance
  • Legal Rental Certified: Yes
  • Monthly Rental Income: 1575

Tax Info

  • Tax Amount Summer: 922.0000
  • Tax Amount Winter: 1443.0000
  • Total Tax: 2365.0000

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

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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 Type Sale Price Title Company
Warranty Deed $230,000 Ata National Title Group Llc
Warranty Deed $180,000 Ata National Title Group Llc
Warranty Deed $162,500 Ata National Title Group Llc
Warranty Deed $106,000 Fidelity Natl Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $195,500 New Conventional
Previous Owner $176,739 FHA
Previous Owner $102,184 FHA
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: 218022671

Realcomp

APN: 39-007-12-0024-000