NOT LISTED FOR SALE

14306 Frankfort St Detroit, MI 48213

Chandler Park Neighborhood

Estimated Value: $54,000 - $133,496

4 Beds
2 Baths
1,440 Sq Ft
$62/Sq Ft Est. Value

Last Sold December 08, 2023

Last sale price $70,000 $49 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $510/month

176 Days on Market

Highlights

  • Forced Air Heating System
  • ENERGY STAR Qualified Windows
  • Laundry Facilities
  • Cass Technical High School Rated 10

About This Home

As of December 2023

Great investment opportunity near the Morningside community! Tenant occupied, income producing duplex awaiting your final touches. Motivated seller. Remaining rehab materials are included with the purchase. Adjacent lot is owned by the DLBA and can be acquired to increase your parcel size. Seller is a licensed Real Estate Agent.

Last Agent to Sell the Property

Mary Mixon

Abode Detroit License #6501451484 Listed on: 06/09/2023

Last Buyer's Agent

Amanda Hall

CENTURY 21 CENTRAL REALTY & ASSOCIATES License #6501398531

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1941 | Remodeled in 2022

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 30.00 x 143.00

Home Design

  • Duplex
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 2 Full Bathrooms
  • 1,440 Sq Ft Home
  • 2-Story Property
  • ENERGY STAR Qualified Windows
  • Partially Finished Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Separate Water Meter
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number W21I003121S

Community Details

Overview

  • 2 Units
  • Jefferson Park Land Co Ltd No 1 Subdivision

Amenities

  • Laundry Facilities

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$281

Year Built

Built in 1941 | Remodeled in 2022

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 2 Story
  • Year Built: 1941
  • State Equalized Value: 4000.0000
  • Year Renovated: 2022
  • Pets Allowed: Yes
  • Special Features: NewHome
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: ENERGY STAR® Qualified Window(s), Laundry Facility
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Partially Finished
  • Sq Ft Combined: 1440
  • Total Sq Ft: 1440
  • Sq Ft Total Bsmt: 960

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block
  • Frontage Feet: 30
  • Road Frontage Type: Paved, Pub. Sidewalk

Utilities

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

Schools

  • School District: Detroit

Lot Info

  • Lot Size Area: 0.10
  • Lot Dimensions: 30.00 x 143.00
  • Parcel Number: W21I003121S
  • Zone Conform: Yes
  • Zoning: Multi-Family

Rental Info

  • Rent Includes: Trash Collection (Garbage Pickup)
  • Legal Rental Certified: Yes
  • Monthly Rental Income: 1900

Tax Info

  • Tax Amount Summer: 243.0000
  • Tax Amount Winter: 38.0000
  • Total Tax: 281.0000
  • Taxable Value: 4000.0000

Multi Family

  • Gross Scheduled Income: 22800.00
  • Number Of Units Total: 2
  • Number of Two Bedroom Units: 2
  • Number Of Units Leased: 1

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2023
Closed on
Dec 8, 2023
Sold by
Ma Bailey Llc
Bought by
Boone Eric and Boone Cynthia
Seller's Agent
Mary Mixon
Abode Detroit
Buyer's Agent
Amanda Hall
CENTURY 21 CENTRAL REALTY & ASSOCIATES
List Price
$70,000
Sold Price
$70,000
Views
382
Current Estimated Value
$89,874

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,874
Avg. Annual Appreciation
15.07%

Purchase Details

Listed on
Jun 8, 2022
Closed on
Jun 30, 2022
Sold by
Londre Gilkey
Bought by
Ma Bailey Llc
Seller's Agent
Guy Gailliard
Realtyflo Inc
Buyer's Agent
Pamela Easley
First Millennium Real Estate
List Price
$60,000
Sold Price
$61,500
Premium/Discount to List
$1,500
2.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.41%

Purchase Details

Closed on
Jan 27, 2021
Sold by
Detroit Land Bank Authority
Bought by
Gilkey Londre

Purchase Details

Closed on
Jan 13, 2016
Sold by
Wayne County Treasurer
Bought by
Detroit Land Bank Authority
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
Boone Eric $70,000 None Listed On Document
Boone Eric $70,000 None Listed On Document
Ma Bailey Llc $61,500 None Listed On Document
Gilkey Londre $2,500 Fidelity National Ttl Group
Detroit Land Bank Authority -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boone Eric $56,400
Previous Owner Lee Verdean $34,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/08/2023 12/08/23 Sold $70,000 0.0% $49 / Sq Ft
12/02/2023 12/02/23 Pending -- -- --
11/08/2023 11/08/23 For Sale $70,000 0.0% $49 / Sq Ft
09/11/2023 09/11/23 Off Market $70,000 -- --
06/09/2023 06/09/23 For Sale $70,000 +13.8% $49 / Sq Ft
06/30/2022 06/30/22 Sold $61,500 +2.5% $85 / Sq Ft
06/14/2022 06/14/22 Pending -- -- --
06/08/2022 06/08/22 For Sale $60,000 -- $83 / 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 $378 $2,400 $0 $0
2024 $378 $1,700 $0 $0
2023 $348 $1,400 $0 $0
2022 $590 $4,000 $0 $0
2021 $1,104 $0 $0 $0
2020 $0 $0 $0 $0
2019 $0 $0 $0 $0
2018 $0 $0 $0 $0
2017 $669 $0 $0 $0
2016 $340 $6,800 $0 $0
2015 $669 $6,800 $0 $0
2013 $648 $7,913 $0 $0
2010 -- $11,601 $654 $10,947
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2023

    Mary Mixon

    Abode Detroit

    Section Image

  • A

    Buyer's Agent in 2023

    Amanda Hall

    CENTURY 21 CENTRAL REALTY & ASSOCIATES

  • M

    Buyer's Agent in 2023

    Michelle Rheubottom

    Real Estate One

    (313) 999-0252

    1 in this area

    9 Total Sales

    Michelle Rheubottom
    Section Image
  • Guy Gailliard

    Seller's Agent in 2022

    Guy Gailliard

    Realtyflo Inc

    (313) 315-3209

    2 in this area

    226 Total Sales

    Guy Gailliard
    Section Image

  • P

    Buyer's Agent in 2022

    Pamela Easley

    First Millennium Real Estate

    (313) 610-0947

    1 in this area

    19 Total Sales

    Pamela Easley
    Section Image
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Map

Source: Realcomp

MLS Number: 20230046027

Realcomp

APN: 21-003121

Michigan Wayne County Detroit 48213 Chandler Park

14306 Frankfort St, Detroit, MI

This home is located at 14306 Frankfort St, Detroit, MI 48213 since 09 June 2023 and is currently estimated at $89,874, approximately $62 per square foot. This property was built in 1941. 14306 Frankfort St is a home located in Wayne County with nearby schools including Edward 'Duke' Ellington Conservatory of Music and Art, Carstens Academy of Aquatic Science, and Charles L. Spain Elementary-Middle 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.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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