$294,000
SOLD NOV 12, 2024

1422 Maryland St Unit 24 Grosse Pointe Park, MI 48230

5 Beds
2 Baths
2,027 Sq Ft
6,534 Sq Ft Lot

Recently Sold

$145 Per Sq Ft

5% Above List Price

1 Day on Market

Highlights

  • Deck
  • Porch
  • 4 Car Garage
  • George Defer Elementary School Rated A
  • Forced Air Heating and Cooling System
  • Dogs and Cats Allowed

About This Home

As of November 2024

This well-maintained multifamily duplex offers an exceptional investment or owner-occupant opportunity in the heart of Grosse Pointe Park. The lower unit features 2 bedrooms and 1 bath, completely move-in ready—ideal for living or renting out immediately. The upper unit boasts 3 bedrooms and 1 bath with incredible potential to finish the attic, adding a 4th bedroom and over 800 additional square feet, significantly increasing the home’s value. While the upper unit is spacious, it does need some updates and minor repairs, giving you the chance to customize and increase its appeal.Major updates include a new roof, deck, garage, and sewer line within the last decade, ensuring peace of mind and minimal future maintenance. Whether you're looking to live in one unit and rent the other to cover your mortgage, or simply invest in a property with excellent rental potential, this duplex is perfect for both.Located in a prime area of Grosse Pointe Park, enjoy the charm and amenities of the neighborhood while capitalizing on a fantastic investment. Don’t miss out on this rare opportunity to maximize your ROI and add substantial value to the property!

Last Agent to Sell the Property

Justin Delk

Brookstone, Realtors LLC License #6501311144 Listed on: 09/27/2024

Brookstone, Realtors LLC

Last Buyer's Agent

Tiroca Battle

REALTEAM Real Estate License #6501432688

REALTEAM Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1924

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 35.00 x 181.80

Parking

  • 4 Car Garage

Home Design

  • Duplex
  • Brick Exterior Construction
  • Brick Foundation
  • Asphalt Roof

Interior Spaces

  • 2 Full Bathrooms
  • 2,027 Sq Ft Home
  • 3-Story Property
  • Unfinished Basement

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 39007090011000
  • $4,000 Seller Concession

Community Details

Overview

  • 2 Units
  • Maryland Ave Sub Subdivision

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,133

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 3 Story
  • Year Built: 1924
  • State Equalized Value: 140900.0000
  • Pets Allowed: Cats OK, Dogs OK
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 2027
  • Total Sq Ft: 2027
  • Sq Ft Total Bsmt: 1019

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Brick/Mortar
  • Porch Type: Deck, Porch
  • Road Frontage Type: Paved

Garage/Parking

  • Garage: Yes
  • Total Parking Spaces: 4

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal), Separate Meters

Schools

  • School District: Grosse Pointe

Lot Info

  • Lot Size Area: 0.15
  • Lot Dimensions: 35.00 x 181.80
  • Parcel Number: 39007090011000
  • Zoning: Multi-Family
  • Percent Homestead Exempt: Yes

Rental Info

  • Monthly Rental Income: 3000

Tax Info

  • Tax Amount Summer: 1696.0000
  • Tax Amount Winter: 2437.0000
  • Total Tax: 4133.0000
  • Taxable Value: 68180.0000

Multi Family

  • Gross Scheduled Income: 36000.00
  • Number Of Units Total: 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 27, 2024
Closed on
Nov 12, 2024
Sold by
Madding Linda and Cehula Julie A
Bought by
Clayton Rachelle
Seller's Agent
Justin Delk
Brookstone, Realtors LLC
Buyer's Agent
Tiroca Battle
REALTEAM Real Estate
List Price
$280,000
Sold Price
$294,000
Premium/Discount to List
$14,000
5%
Views
23
Current Estimated Value
$330,121

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,121
Avg. Annual Appreciation
8.72%
Original Mortgage
$279,300
Outstanding Balance
$278,009
Interest Rate
6.44%
Mortgage Type
New Conventional
Estimated Equity
$37,920

Purchase Details

Closed on
May 13, 2021
Sold by
Cehula Julie A
Bought by
Cehula Julie A and Madding Linda

Purchase Details

Closed on
Dec 28, 2003
Sold by
Cehula Julie A and Baish Charles
Bought by
Cehula Julie A
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 Type Sale Price Title Company
Warranty Deed $294,000 None Listed On Document
Warranty Deed $294,000 None Listed On Document
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $279,300 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2024 11/12/24 Sold $294,000 +5.0% $145 / Sq Ft
09/29/2024 09/29/24 Pending -- -- --
09/27/2024 09/27/24 For Sale $280,000 -- $138 / 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 $1,776 $160,400 $0 $0
2024 $1,776 $146,500 $0 $0
2023 $1,696 $140,900 $0 $0
2022 $1,611 $127,400 $0 $0
2021 $3,656 $116,800 $0 $0
2019 $3,654 $90,900 $0 $0
2018 $1,536 $69,100 $0 $0
2017 $4,378 $46,600 $0 $0
2016 $3,667 $60,700 $0 $0
2015 $5,750 $57,500 $0 $0
2013 -- $59,400 $0 $0
2012 $1,602 $61,300 $14,100 $47,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20240071095

Realcomp

APN: 39-007-09-0011-000