NOT LISTED FOR SALE

14101 Saratoga Ave Detroit, MI 48205

Maple Ridge Neighborhood

Estimated Value: $96,000 - $180,863

-- Bed
2 Baths
1,940 Sq Ft
$69/Sq Ft Est. Value

Last Sold April 30, 2024

Last sale price $97,000 $50 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $851/month

57 Days on Market

Highlights

  • 1 Fireplace
  • Cass Technical High School Rated 10
  • Forced Air Heating System

About This Home

As of April 2024

Welcome to an excellent investment property tailored for first-time investors in the vibrant city of Detroit. This property not only promises a solid return on investment but also offers a unique opportunity for owner-occupation with a guaranteed income stream. Live in one unit and collect rent from second unit, or rent out the unit and get double income! Downstairs Unit Currently occupied by a Section 8 tenant paying $980/month, providing a guaranteed and consistent income stream. This government-backed program ensures reliable payments and minimizes the risk associated with vacancies.

Last Agent to Sell the Property

Kristina Khalifeh

Arterra Luxe Collection LLC License #6501427644 Listed on: 01/09/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $836

Year Built

  • Built in 1971

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 36 x 103

Parking

  • 2 Parking Spaces

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1 Fireplace
  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Connected

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electric, sewer, gas
  • The owner pays for trash collection, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$836

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1971
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 36 x 103
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • 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
  • Util Avail at Street Electricity Available: Yes
  • Utilities Attached Electricity Connected: Yes
  • Utilities Attached Natural Gas Connected: Yes
  • Sewer:Public Sewer5: Yes
  • Water:Public Water4: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Full
  • Basement: Yes

Exterior Features

  • Construction Materials: Brick
  • List Price: 110000.0
  • Number of Buildings: 1
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Brick: Yes

Garage/Parking

  • Total Parking Spaces: 2.0
  • General Property Info:Total Parking Spaces: 2.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Connected, Electricity Connected

Lot Info

  • Lot Size Acres: 0.09
  • Lot Size Area: 0.09
  • Lot Dimensions: 36 x 103
  • Lot Size Sq Ft: 3920.0

Rental Info

  • Owner Pays: Trash Collection, Water
  • Tenant Pays: Electric, Sewer, Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 836.0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2024
Closed on
Apr 29, 2024
Sold by
Neville Llc
Bought by
Obsidian East Llc
Seller's Agent
Kristina Khalifeh
Arterra Luxe Collection LLC
List Price
$110,000
Sold Price
$97,000
Premium/Discount to List
-$13,000
-11.82%
Views
37
Current Estimated Value
$133,216

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,216
Avg. Annual Appreciation
25.71%

Purchase Details

Listed on
Jan 9, 2024
Closed on
Apr 24, 2024
Sold by
Obsidian East Llc
Bought by
Vexco Consulting Llc
Seller's Agent
Kristina Khalifeh
Arterra Luxe Collection LLC
List Price
$110,000
Sold Price
$97,000
Premium/Discount to List
-$13,000
-11.82%
Views
37

Purchase Details

Closed on
Aug 2, 2022
Sold by
Jeffery Cusimano
Bought by
Neville Llc

Purchase Details

Closed on
Nov 13, 2014
Sold by
Wayne County Treasurer
Bought by
Cusimano Brothers Properties Llc

Purchase Details

Closed on
Nov 18, 2011
Sold by
Wojtowicz Raymond J
Bought by
Vergotes Properties Llc
Source: Public Records

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
Obsidian East Llc $97,000 Sterling Title Agency
Vexco Consulting Llc $179,000 None Listed On Document
Vexco Consulting Llc $179,000 None Listed On Document
Neville Llc $53,000 None Listed On Document
Cusimano Brothers Properties Llc $1,601 None Available
Vergotes Properties Llc $500 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2024 04/30/24 Sold $97,000 -11.8% $50 / Sq Ft
03/06/2024 03/06/24 Pending -- -- --
01/09/2024 01/09/24 For Sale $110,000 -- $57 / Sq Ft
Source: Southwestern Michigan Association of REALTORS®

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 $1,500 $24,200 $0 $0
2024 $1,500 $21,400 $0 $0
2023 $1,703 $17,700 $0 $0
2022 $851 $19,300 $0 $0
2021 $835 $15,500 $0 $0
2020 $834 $19,200 $0 $0
2019 $825 $16,700 $0 $0
2018 $752 $12,900 $0 $0
2017 $99 $13,300 $0 $0
2016 $803 $6,100 $0 $0
2015 $610 $6,100 $0 $0
2013 $1,638 $16,378 $0 $0
2010 -- $24,012 $759 $23,253
Source: Public Records

Agents Affiliated with this Home

  • Kristina Khalifeh

    Seller's Agent in 2024

    Kristina Khalifeh

    Arterra Luxe Collection LLC

    (313) 689-8836

    1 in this area

    70 Total Sales

    Kristina Khalifeh
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 24002319

Southwestern Michigan Association of REALTORS®

APN: 21-019163

Michigan Wayne County Detroit 48205 Maple Ridge

14101 Saratoga Ave, Detroit, MI

This home is located at 14101 Saratoga Ave, Detroit, MI 48205 since 09 January 2024 and is currently estimated at $133,216, approximately $68 per square foot. This property was built in 1971. 14101 Saratoga Ave is a home located in Wayne County with nearby schools including Edward 'Duke' Ellington Conservatory of Music and Art, Charles L. Spain Elementary-Middle School, and Denby High School.

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.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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