NOT LISTED FOR SALE

139 Draper Ave Waterford, MI 48328

Estimated Value: $225,000 - $294,093

4 Beds
3 Baths
1,632 Sq Ft
$155/Sq Ft Est. Value

Sale Details

Date Sold: July 30, 2024

Last sale price $265,000 $162 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $1,815 / mo

37 Days on Market

Highlights

  • Window Unit Cooling System
  • Forced Air Heating System
  • 3 Car Garage
  • Laundry Room

About This Home

As of July 2024

3 UNIT MULTI-FAMILY DWELLING, CURRENTLY INCOME GEN ON 2 OF THE 3. UNIT 1: 2 BD 1 BTH, BEAUTIFUL WOOD FLOORS & FRESH PAINT THRU-OUT W/ UPDTD KITCHEN & BTH. W/ TILED TUB & FLR & UPDTD PLUMBING. UNIT 2: (OCCUPIED $1073/MO) 2 BD 1 BTH 20 YR TENANT. BOTH TENANTS IN GOOD STANDING. UNIT 3 (OCCUPIED $1019/MO./ABV GARAGE) NEWER FLOORS IN KITCHEN AND BATH. NEWER APPLIANCES AND FRESH PAINT. TOTAL GROSS MONTHLY INCOME $3392, ANNUAL GROSS RENT $40,704. APPLIANCES STAY IN ALL 3 UNITS. 1 & 2 HAVE IDENTICAL FL PLANS. NEWER CONCRETE DRIVEWAY. UNIT 1 & 2 STORAGE IN BASEMENT OF MAIN HOUSE. NEW FLRNG IN ENTRYWAY. NEW H2O TANK 2023, SOME NEWER PLUMBING IN BSMNT. UNIT 2 RENT IS BELOW CURRENT MARKET RATE (20 YR. TENANT). LOTS OF INCOME POTENTIAL! SO MUCH TO LOVE ABOUT THIS PROPERTY! DON'T WAIT!

Last Agent to Sell the Property

Ralynda Moore

Keller Williams Professionals License #6501311068 Listed on: 06/29/2024

Keller Williams Professionals

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,377

Year Built

  • Built in 1928

Lot Details

  • 7,449 Sq Ft Lot
  • Lot Dimensions are 50.00x149.00

Parking

  • 3 Car Garage

Home Design

  • Aluminum Siding

Laundry

  • Laundry Room
  • Laundry in Garage
  • Sink Near Laundry
  • Washer and Gas Dryer Hookup

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Window Unit Heating System
  • Natural Gas Connected
  • Cable TV Available

Community Details

  • 2 Buildings
  • 3 Units

Listing and Financial Details

  • Tenant pays for electric, gas
  • The owner pays for water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,377

Year Built

Built in 1928

Lot Details

7,449 Sq Ft Lot

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1928
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 50.00X149.00
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Waterfront Options:Water Access YN: No
  • General Property Info:Total _pound_ Units: 3
  • General Property Info:Total _pound_ Bldgs: 2.0
  • Heat Type:Forced Air: Yes
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Air Conditioning:Window Unit(s): Yes
  • Laundry Features Laundry Room: Yes
  • Laundry Features In Basement: Yes
  • Laundry Features Sink: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Utilities Attached Natural Gas Connected: Yes
  • Utilities Attached Cable Connected: Yes
  • Sewer:Public Sewer5: Yes
  • Water:Public Water4: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Basement: Yes

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 274900.0
  • Number of Buildings: 2
  • Road Surface Type: Paved
  • Roof: Other
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Aluminum Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved
  • Total Parking Spaces: 3.0
  • General Property Info:Total Parking Spaces: 3.0
  • Extras:Garages: Yes
  • Unit 3:Garage6: Yes
  • Laundry Features:In Garage: Yes

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Laundry Features: Gas Dryer Hookup, In Basement, In Garage, Laundry Room, Sink, Washer Hookup
  • Sewer: Public Sewer
  • Utilities: Natural Gas Connected, Cable Connected

Lot Info

  • Lot Size Acres: 0.17
  • Lot Size Area: 0.17
  • Lot Dimensions: 50.00X149.00
  • Lot Size Sq Ft: 7449.0

Rental Info

  • Owner Pays: Water
  • Tenant Pays: Electric, Gas

Multi Family

  • Number of Units Total: 3

Tax Info

  • Tax Annual Amount: 5377.0
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2024
Closed on
Jul 30, 2024
Sold by
Johnson Lenora
Bought by
Moore Darian
Seller's Agent
Ralynda Moore
Keller Williams Professionals
Buyer's Agent
Ralynda Moore
Keller Williams Professionals
List Price
$274,900
Sold Price
$265,000
Premium/Discount to List
-$9,900
-3.6%
Views
24
Current Estimated Value
$253,773

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,227
Avg. Annual Appreciation
-2.44%
Original Mortgage
$251,750
Outstanding Balance
$247,981
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$5,792

Purchase Details

Listed on
Oct 4, 2021
Closed on
Nov 23, 2021
Sold by
Edward A A and Edward Rebecca D
Bought by
Johnson Lenora
Seller's Agent
Kathryn Bradley
Wilhelm & Associates
Buyer's Agent
Ralynda Moore
KW Professionals
List Price
$174,900
Sold Price
$185,000
Premium/Discount to List
$10,100
5.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.35%

Purchase Details

Closed on
Dec 16, 2019
Sold by
Lauincer Rebecca D
Bought by
Revocable Living Trust Ofedward A & Rebe

Purchase Details

Closed on
Sep 30, 2016
Sold by
Klestinec Margaret Ann
Bought by
Lauinger Rebecca D
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Moore Darian $265,000 Titleright Llc
Moore Darian $265,000 Titleright Llc
Johnson Lenora $185,000 Ata National Title
Revocable Living Trust Ofedward A & Rebe -- None Available
Lauinger Rebecca D $129,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moore Darian $251,750
Closed Moore Darian $251,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/30/2024 07/30/24 Sold $265,000 -3.6% $162 / Sq Ft
07/06/2024 07/06/24 Pending -- -- --
06/11/2024 06/11/24 For Sale $274,900 0.0% $168 / Sq Ft
06/04/2024 06/04/24 Pending -- -- --
05/30/2024 05/30/24 For Sale $274,900 +48.6% $168 / Sq Ft
11/23/2021 11/23/21 Sold $185,000 +5.8% $113 / Sq Ft View Prior Sale
10/07/2021 10/07/21 Pending -- -- --
10/04/2021 10/04/21 For Sale $174,900 -- $107 / Sq Ft
Source: MichRIC

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 $5,752 $148,190 $0 $0
2024 $4,130 $132,010 $0 $0
2023 $3,897 $118,840 $0 $0
2022 $5,132 $95,230 $0 $0
2021 $1,847 $80,840 $0 $0
2020 $1,344 $70,500 $0 $0
2019 $1,809 $54,980 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2024

    Ralynda Moore

    Keller Williams Professionals

    (734) 612-2041

    2 in this area

    96 Total Sales

    Ralynda Moore
    Section Image

  • K

    Seller's Agent in 2021

    Kathryn Bradley

    Wilhelm & Associates

    Section Image
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Map

Source: MichRIC

MLS Number: 24027079

MichRIC

APN: 13-36-231-003

Michigan Oakland County Waterford 48328

139 Draper Ave, Waterford, MI

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MichRIC Information is deemed reliable but not guaranteed.
Copyright 2026 MichRIC, LLC. All rights reserved.

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