NOT LISTED FOR SALE

Estimated Value: $235,274 - $283,000

3 Beds
2 Baths
1,407 Sq Ft
$185/Sq Ft Est. Value

Last Sold March 26, 2013

Last sale price $40,000 $28 Per Sq Ft

Est. 551% increase in value since last sale

Current estimated payment $1,605/month

57 Days on Market

About This Home

As of March 2013

TERRIFIC INVESTMENT OPPORTUNITY!! EAST DEARBORN 2 FAMILY, BOTH UNITS CURRENTLY RENTED OUT, DESIRABLE LOCATION, PRIVATE STREET. HOME FEATURES 1, 1 BEDROOM UNIT, AND 1 2 BEDROOM UPPER UNIT. 2 FURNACES, 2 ELECTRICAL BOXES, 2 HWH. SALE IS SUBJECT TO LENDER SHORT SALE APPROVAL AT ACCEPTABLE TERMS TO SELLER. BUYER MUST SIGN REMAX SHORT SALE ADDENDUM AND PAY $500 SHORT SALE PROCESSING FEE. PURCHASER ALSO RESPONSIBLE FOR CITY REPAIRS.

Last Agent to Sell the Property

Michael Phillips

Keller Williams Legacy License #6502387592 Listed on: 01/28/2013

Keller Williams Legacy

Last Buyer's Agent

Teodora Djourova

Hometown Group Real Estate License #RCO-6501352045

Hometown Group Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 38x94

Home Design

  • Duplex

Interior Spaces

  • 2 Full Bathrooms
  • 1,407 Sq Ft Home
  • 2-Story Property
  • Basement

Utilities

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

Community Details

  • 2 Units
  • John H Walsh Subdivision

Listing and Financial Details

  • Assessor Parcel Number 32821018419023

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 2 Story
  • Year Built: 1925
  • Special Features: 12
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Sq Ft Combined: 1407
  • Total Sq Ft: 1407

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Aluminum
  • Road Frontage Type: Paved

Utilities

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

Schools

  • School District: Dearborn

Lot Info

  • List Price per Acre: 498750.0000
  • Lot Size Area: 0.08
  • Lot Dimensions: 38X94
  • Parcel Number: 32821018419023
  • Zone Conform: Yes
  • Zoning: Multi-Family
  • Homestead Percent: 0 Percent

Rental Info

  • Rent Includes: Water/Sewer
  • Monthly Rental Income: 1075

Tax Info

  • Tax Amount Summer: 1844.0000
  • Tax Amount Winter: 317.0000
  • Total Tax: 2161.0000

Multi Family

  • Gross Scheduled Income: 12900.00
  • Number Of Units Total: 2
  • Number of One Bedroom Units: 1
  • Number of Two Bedroom Units: 1
  • Number Of Units Leased: 2

MLS Schools

  • School District: Dearborn

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 8, 2016
Sold by
Haboon Abdulsalam Abbas and Haboon Fadhila
Bought by
Gelan Mohamed and Gelan Salim
Current Estimated Value
$260,569

Purchase Details

Closed on
Sep 25, 2013
Sold by
Ababs Yousef and Abbas Mariam
Bought by
Hanoon Abdulsalam Abbas

Purchase Details

Listed on
Jan 28, 2013
Closed on
Mar 26, 2013
Sold by
Sabbagh Khaled and Sabbagh Ghinwah
Bought by
Abbas Youseff
Seller's Agent
Michael Phillips
Keller Williams Legacy
Buyer's Agent
Teodora Djourova
Hometown Group Real Estate
List Price
$39,900
Sold Price
$40,000
Premium/Discount to List
$100
0.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.16%

Purchase Details

Listed on
Jan 28, 2013
Closed on
Mar 15, 2013
Sold by
Rock Properties 2 Llc
Bought by
Sabbagh Khaled and Sabbagh Ghinwah
Seller's Agent
Michael Phillips
Keller Williams Legacy
Buyer's Agent
Teodora Djourova
Hometown Group Real Estate
List Price
$39,900
Sold Price
$40,000
Premium/Discount to List
$100
0.25%

Purchase Details

Closed on
Oct 8, 2012
Sold by
Sabbagh Khaled and Sabbagh Ghinwah
Bought by
Rock Properties 2 Llc

Purchase Details

Closed on
Oct 3, 1997
Sold by
Me Richard M Michael R
Bought by
Beloskur Lisa M

Purchase Details

Closed on
Jul 19, 1995
Sold by
Gaedke Richard A
Bought by
Medved Michael R
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
Gelan Mohamed $115,000 Minnesota Title Agency
Hanoon Abdulsalam Abbas $50,000 None Available
Abbas Youseff $40,000 Title One Inc
Sabbagh Khaled -- None Available
Rock Properties 2 Llc -- None Available
Beloskur Lisa M $97,000 --
Medved Michael R $85,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sabbagh Ghiewah $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2013 03/26/13 Sold $40,000 +0.3% $28 / Sq Ft
03/26/2013 03/26/13 Pending -- -- --
01/28/2013 01/28/13 For Sale $39,900 -- $28 / 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 $2,216 $109,300 $0 $0
2024 $2,216 $103,900 $0 $0
2023 $2,097 $71,100 $0 $0
2022 $2,360 $59,600 $0 $0
2021 $2,742 $54,200 $0 $0
2019 $2,714 $46,700 $0 $0
2018 $2,299 $42,000 $0 $0
2017 $663 $40,700 $0 $0
2016 $2,100 $40,000 $0 $0
2015 $3,556 $38,500 $0 $0
2013 $3,500 $35,000 $0 $0
2011 -- $41,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 213008652

Realcomp

APN: 32-10-184-19-023