Seller's Agent in 2022
Spencer Ray
Jim Saros Real Estate Services
(313) 886-9030
37 in this area
197 Total Sales
1447 Wayburn St Grosse Pointe, MI 48230
Estimated Value: $396,000 - $519,000
4
Beds
4
Baths
3,332
Sq Ft
$142/Sq Ft
Est. Value
About This Home
As of April 2022Beautiful unique 4 family in the heart of West Park. First offering in almost 30 years, this unique 4 family consists of 4 spacious 1 bedroom units, 4 private balconies, hardwood floors throughout, separate utilities for tenants, older gravity furnaces but they are in great shape and working fine, property sits on dead end corner making tenant parking easy and tons of character throughout. Perfect for a first time investor or the more seasoned. Very little common area's so easy to manage. All units are currently vacant giving the new owner all the flexibility to either improve units to your liking or put them up for lease and find their own tenants. Market rents 1000-1200 a month. Do not miss this opportunity to own a 4 family in West Park, they do not come up often!!!!!!!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
Year Built
- Built in 1924
Lot Details
- 3,485 Sq Ft Lot
- Lot Dimensions are 45.00x75.00
Home Design
- Colonial Architecture
- Brick Foundation
Interior Spaces
- 4 Full Bathrooms
- 3,332 Sq Ft Home
- 2-Story Property
- Unfinished Basement
Utilities
- Window Unit Cooling System
- Gravity Heating System
- Heating System Uses Natural Gas
- Sewer in Street
Listing and Financial Details
- Assessor Parcel Number 39007100044000
Community Details
Overview
- 4 Units
- Assr's Grosse Pointe Park Plat No 2 Subdivision
Pet Policy
- Call for details about the types of pets allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 8, 2022
Closed on
Apr 5, 2022
Sold by
Rabaut William F and Rabaut Joan B
Bought by
Leak Lamont
Seller's Agent
Spencer Ray
Jim Saros Real Estate Services
Buyer's Agent
Kevin Hill
Max Broock, REALTORS®-Detroit
List Price
$399,900
Sold Price
$405,000
Premium/Discount to List
$5,100
1.28%
Total Days on Market
16
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,846
Avg. Annual Appreciation
6.65%
Original Mortgage
$397,664
Outstanding Balance
$376,698
Interest Rate
3.89%
Mortgage Type
FHA
Estimated Equity
$116,753
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Leak Lamont | $405,000 | Chirco Title Agency |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Leak Lamont | $397,664 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/05/2022 04/05/22 | Sold | $405,000 | +1.3% | $122 / Sq Ft |
| 02/25/2022 02/25/22 | Pending | -- | -- | -- |
| 02/08/2022 02/08/22 | For Sale | $399,900 | -- | $120 / Sq Ft |
Source: Realcomp
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $8,879 | $205,200 | $0 | $0 |
| 2023 | $4,961 | $199,400 | $0 | $0 |
| 2022 | $1,983 | $174,500 | $0 | $0 |
| 2021 | $5,088 | $156,700 | $0 | $0 |
| 2019 | $4,970 | $133,700 | $0 | $0 |
| 2018 | $1,891 | $100,200 | $0 | $0 |
| 2017 | $6,109 | $82,600 | $0 | $0 |
| 2016 | $4,857 | $82,600 | $0 | $0 |
| 2015 | $7,076 | $72,400 | $0 | $0 |
| 2013 | $6,855 | $72,000 | $0 | $0 |
| 2012 | $1,696 | $74,700 | $9,600 | $65,100 |
Source: Public Records
Agents Affiliated with this Home
-
Spencer Ray
-
Kevin Hill
Buyer's Agent in 2022
Kevin Hill
Max Broock, REALTORS®-Detroit
(248) 722-4530
3 in this area
129 Total Sales
Map
Similar Home in Grosse Pointe, MI
-
$425,000
- 4 Beds
- 3.5 Baths
- 2,237 Sq Ft
- 866 Rivard Blvd
- Grosse Pointe, MI
Welcome to your next dream investment! Nestled in the charming heart of Grosse Pointe, this meticulously maintained 2-unit multifamily building is a gem waiting to shine in your portfolio. With spacious 2-bedroom apartments, each outfitted with updated bathrooms, premium tile floors, and convenient in-unit laundry, this property is designed for both comfort and style. Excellent rental history
Frank William Vision Realty Centers
Source: Realcomp
MLS Number: 2220008292
APN: 39-007-10-0044-000
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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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