NOT LISTED FOR SALE

Estimated Value: $132,000 - $381,000

6 Beds
2 Baths
2,482 Sq Ft
$121/Sq Ft Est. Value

Last Sold January 25, 2021

Last sale price $130,000 $52 Per Sq Ft

Est. 186% increase in value since last sale

Current estimated payment $2,194/month

194 Days on Market

Highlights

  • Covered patio or porch
  • Forced Air Heating System
  • 4-minute walk to West Village Bark Park
  • Cass Technical High School Rated 10

About This Home

As of January 2021

Amazing location! Three bedroom duplex in Islandview/West Village. Each unit is has 3 bedrooms and 1 bathroom. Both units have been gutted and are ready for rehab. A new roof was just installed in 2019. Walking distance to Belle Isle. Just blocks away from West Village restaurants (Vegan Soul, Red Hook, Snack Camp, Sister Pie, etc). Same block as St. Charles Church. Close to Faisan Brewery and Southern Fire restaurant in Island View. There are major redevelopment projects all around this property, including a few on the same block and the duplex next door. Condos selling for $500K+ just completed one street over in Islandview. This is one of the best locations in Detroit.

Last Agent to Sell the Property

Jon and Scott Wilcox

EXP Realty Main License #6501420609 Listed on: 06/16/2020

EXP Realty Main

Last Buyer's Agent

Scott Wilcox

EXP Realty Main License #RCO-6501420609

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1913

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 35.00x125.00

Parking

  • Paved Parking

Home Design

  • Duplex
  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 2 Full Bathrooms
  • 2,482 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Outdoor Features

  • Covered patio or porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number W17I011091S

Community Details

Overview

  • 2 Units
  • Wessons Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$751

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 2 Story
  • Year Built: 1913
  • State Equalized Value: 12400.0000
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Private, Unfinished
  • Sq Ft Combined: 2482
  • Total Sq Ft: 2482
  • Sq Ft Total Bsmt: 1200

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Brick
  • Porch Type: Porch - Covered
  • Road Frontage Type: Paved
  • Sideof Street: E

Garage/Parking

  • MF Parking: Paved

Utilities

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

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 1300000.0000
  • Lot Size Area: 0.10
  • Lot Dimensions: 35.00X125.00
  • Parcel Number: W17I011091S
  • Zoning: Residential

Rental Info

  • Monthly Rental Income: 3600

Tax Info

  • Tax Amount Summer: 707.0000
  • Tax Amount Winter: 44.0000
  • Total Tax: 751.0000
  • Taxable Value: 4640.0000

Multi Family

  • Gross Scheduled Income: 43200.00
  • Number Of Units Total: 2
  • Unit Count: 1
  • Number of Three Bedroom Units: 2

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2020
Closed on
Jan 25, 2021
Sold by
Beacon Brook One Llc
Bought by
Beaconpath Management Llc
Seller's Agent
Jon and Scott Wilcox
EXP Realty Main
Buyer's Agent
Jon and Scott Wilcox
EXP Realty Main
List Price
$150,000
Sold Price
$130,000
Premium/Discount to List
-$20,000
-13.33%
Current Estimated Value
$371,632

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$241,632
Avg. Annual Appreciation
26.24%
Original Mortgage
$125,350
Interest Rate
2.67%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 7, 2020
Sold by
Capital Venture Group Llc
Bought by
Beacon Brook One Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
3.7%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 14, 2019
Sold by
Willis Nashay and Willis Wykisha
Bought by
Capital Venture Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
3.7%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 30, 2018
Sold by
Willis Varnette
Bought by
Willis Nashay and Willis Wykisha

Purchase Details

Closed on
Nov 9, 2012
Sold by
Willis Flossie Bell
Bought by
Willis Flossie Bell and Willis Varnette D
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
Beaconpath Management Llc $130,000 Accommodation
Beacon Brook One Llc $105,000 Michigan Investment Ttl Inc
Capital Venture Group Llc -- Title Solutions Agency Llc
Willis Nashay -- None Available
Willis Flossie Bell -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beaconpath Management Llc $300,000
Closed Beaconpath Management Llc $125,350
Previous Owner Beacon Brook One Llc $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/25/2021 01/25/21 Sold $130,000 0.0% $52 / Sq Ft
12/28/2020 12/28/20 Pending -- -- --
08/17/2020 08/17/20 Price Changed $130,000 -3.7% $52 / Sq Ft
07/21/2020 07/21/20 Price Changed $135,000 -3.6% $54 / Sq Ft
07/06/2020 07/06/20 Price Changed $140,000 -6.7% $56 / Sq Ft
06/16/2020 06/16/20 For Sale $150,000 -- $60 / 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 $1,910 $103,400 $0 $0
2024 $1,910 $87,900 $0 $0
2023 $2,102 $55,300 $0 $0
2022 $2,246 $21,800 $0 $0
2021 $1,737 $16,000 $0 $0
2020 $1,747 $15,900 $0 $0
2019 $749 $12,400 $0 $0
2018 $689 $12,500 $0 $0
2017 $84 $12,800 $0 $0
2016 $731 $4,600 $0 $0
2015 $460 $4,600 $0 $0
2013 $514 $5,438 $0 $0
2010 -- $7,973 $439 $7,534
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2200037545

Realcomp

APN: 17-011091