NOT LISTED FOR SALE

1378 Wayburn St Unit 1380 Grosse Pointe, MI 48230

Estimated Value: $307,000 - $344,000

5 Beds
3 Baths
2,254 Sq Ft
$142/Sq Ft Est. Value

Last Sold October 15, 2019

Last sale price $230,000 $102 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $1,998/month

2 Days on Market

Highlights

  • Covered patio or porch
  • Awning
  • Ceiling Fan
  • George Defer Elementary School Rated A
  • Forced Air Heating System
  • Heating System Uses Steam

About This Home

As of October 2019

Oversized two family in Grosse Pointe Park! Both units are open concept with updated kitchens and baths. Lower unit has 2 bedrooms and 1 bath with covered front porch. Upper unit boasts 3 bedrooms and 2 full baths with a finished 3rd floor master suite! Also has as a spacious 2nd floor balcony! This duplex is a must see! Hardwood floors throughout with lots of natural light! Off street parking. All appliances included. Blocks away from Kercheval West Park and steps away from the newly developed Charlevoix Park Market, Howlers & Growlers and nightlife in the area. Walkability for tenants make this an Investors Dream! Your tenants will have access to two private waterfront parks including movie theaters, pool, tennis courts, splash pad, and kayaking. If you are looking for a solid investment property this is it! 15 minutes to downtown Detroit. Don't miss out on this great opportunity to invest in Grosse Pointe! 24 hour notice please.

Last Listed By

Michael Defauw

Sine & Monaghan LLC License #6501387091 Listed on: 09/24/2019

Sine & Monaghan LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1923

Parking

  • On-Street Parking

Home Design

  • Brick Foundation
  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 3 Full Bathrooms
  • 2,254 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Awning
  • Natural lighting in basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Sewer in Street

Additional Features

  • Covered patio or porch
  • Lot Dimensions are 40x124

Listing and Financial Details

  • Assessor Parcel Number 39007120048000

Community Details

Overview

  • 2 Units
  • Alter Wood Park Sub Subdivision

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,004

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Upper/Lower Apartment
  • Architecture Level: 3 Story
  • Year Built: 1923
  • State Equalized Value: 62400.0000
  • Pets Allowed: Call
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement: Yes
  • Basement Type: Daylight
  • Sq Ft Combined: 2254
  • Total Sq Ft: 2254
  • Sq Ft Total Bsmt: 926

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Exterior Features: Awning/Overhang(s)
  • Foundation Materials: Block, Brick/Mortar
  • Frontage Feet: 40
  • Porch Type: Porch - Covered
  • Road Frontage Type: Paved

Garage/Parking

  • MF Parking: On Street

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s)
  • Heating: Forced Air, Steam
  • Sewer: Sewer at Street
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Schools

  • School District: Grosse Pointe

Lot Info

  • Lot Dimensions: 40X124
  • Parcel Number: 39007120048000
  • Zone Conform: Yes
  • Zoning: Multi-Family

Rental Info

  • Legal Rental Certified: Yes

Tax Info

  • Tax Amount Summer: 1287.0000
  • Tax Amount Winter: 1717.0000
  • Total Tax: 3004.0000

Multi Family

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

MLS Schools

  • School District: Grosse Pointe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2019
Closed on
Oct 15, 2019
Sold by
Liening Gerald A and Liening Maryellen
Bought by
Seeling Peter and Seeling Amber
Seller's Agent
Michael Defauw
Sine & Monaghan LLC
Buyer's Agent
Anthony DeStefano
List Price
$250,000
Sold Price
$230,000
Premium/Discount to List
-$20,000
-8%
Total Days on Market
2
Current Estimated Value
$320,923

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,923
Avg. Annual Appreciation
6.14%
Original Mortgage
$237,590
Interest Rate
3.7%
Mortgage Type
VA

Range of Values:

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Average Value
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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
Seeling Peter $230,000 Ata National Title Group Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Seeling Peter $232,882
Closed Seeling Peter Francis $237,590
Previous Owner Liening Gerald A $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2019 10/15/19 Sold $230,000 -8.0% $102 / Sq Ft
09/26/2019 09/26/19 Pending -- -- --
09/24/2019 09/24/19 For Sale $250,000 -- $111 / 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 $2,530 $126,600 $0 $0
2023 $2,416 $123,000 $0 $0
2022 $2,295 $107,900 $0 $0
2021 $4,526 $97,200 $0 $0
2019 $2,092 $83,000 $0 $0
2018 $983 $62,400 $0 $0
2017 $3,435 $44,200 $0 $0
2016 $2,654 $52,600 $0 $0
2015 $3,678 $46,400 $0 $0
2013 $3,564 $46,200 $0 $0
2012 $1,752 $47,800 $8,400 $39,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 219098794

Realcomp

APN: 39-007-12-0048-000