NOT LISTED FOR SALE

Estimated Value: $97,000 - $153,000

4 Beds
2 Baths
2,057 Sq Ft
$57/Sq Ft Est. Value

Last Sold August 31, 2016

Last sale price $20,700 $10 Per Sq Ft

Est. 490% increase in value since last sale

Current estimated payment $843/month

16 Days on Market

About This Home

As of August 2016

TWO FAMILY FLAT. EACH UNIT FEATURES 2 BEDROOMS, 1 BATH, KITCHEN, LIVING ROOM AND DINING ROOM. THIS IS A FANNIE MAE HOMEPATH PROPERTY. THIS PROPERTY IS ELIGIBLE UNDER THE FANNIE MAE FIRST LOOK THROUGH 08-27-16. BATAVI. HIGHEST AND BEST DUE BY SUNDAY 08-14-16 BY 12PM NOON.

Last Agent to Sell the Property

Leonard Pickett

RCH Brokerage Legacy Inc License #6501306589 Listed on: 08/08/2016

Co-Listed By

Clarence Wilson

RCH Brokerage Legacy Inc License #6501327151

Last Buyer's Agent

Joyce Payne

Trillion Realty LLC License #6502402415

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1938

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 40.00x108.00

Home Design

  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 2 Full Bathrooms
  • 2,057 Sq Ft Home
  • 2-Story Property
  • Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units
  • Taylors B E Bluebird Subdivision

Listing and Financial Details

  • Assessor Parcel Number W22I051777S

Property Details

Home Type

Multi-Family

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Year Built: 1938
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Sq Ft Combined: 2057
  • Total Sq Ft: 2057
  • Sq Ft Total Bsmt: 2000

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Poured
  • Frontage Feet: 40
  • Road Frontage Type: Pub. Sidewalk

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 162000.0000
  • Lot Size Area: 0.10
  • Lot Dimensions: 40.00X108.00
  • Parcel Number: W22I051777S
  • Zoning: Multi-Family

Tax Info

  • Tax Amount Summer: 1463.0000
  • Tax Amount Winter: 136.0000
  • Total Tax: 1599.0000

Multi Family

  • Number Of Units Total: 2
  • Number of Two Bedroom Units: 2

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2016
Closed on
Aug 31, 2016
Sold by
Fannie Mae
Bought by
Franklin Gregory
Seller's Agent
Leonard Pickett
RCH Brokerage Legacy Inc
Buyer's Agent
Joyce Payne
Trillion Realty LLC
List Price
$16,200
Sold Price
$20,700
Premium/Discount to List
$4,500
27.78%
Current Estimated Value
$122,124

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,424
Avg. Annual Appreciation
21.29%

Purchase Details

Closed on
Jun 8, 2016
Sold by
The Huntington National Bank
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 10, 2015
Sold by
Mcelroy Clarence
Bought by
The Huntington National Bank
Source: Public Records

Range of Values:

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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
Franklin Gregory $20,700 Parks Title
Federal National Mortgage Association -- Attorney
The Huntington National Bank $17,700 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcelroy Clarence $64,000
Previous Owner Mcelroy Alma $100,000
Previous Owner Mcelroy Alma $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2016 08/31/16 Sold $20,700 +27.8% $10 / Sq Ft
08/24/2016 08/24/16 Pending -- -- --
08/08/2016 08/08/16 For Sale $16,200 -- $8 / 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
2025 $2,083 $59,300 $0 $0
2024 $2,083 $51,000 $0 $0
2023 $2,024 $40,800 $0 $0
2022 $2,170 $34,800 $0 $0
2021 $2,106 $29,100 $0 $0
2020 $2,105 $25,900 $0 $0
2019 $2,170 $22,200 $0 $0
2018 $1,895 $20,200 $0 $0
2017 $391 $20,600 $0 $0
2016 $1,425 $14,300 $0 $0
2015 $1,430 $14,300 $0 $0
2013 $1,782 $17,822 $0 $0
2010 -- $24,737 $773 $23,964
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 216079448

Realcomp

APN: 22-051777