$220,000
SOLD MAR 22, 2023

1471 Wayburn St Grosse Pointe, MI 48230

6 Beds
2 Baths
2,304 Sq Ft
3,485 Sq Ft Lot

Recently Sold

$95 Per Sq Ft

20% Below List Price

151 Days on Market

Highlights

  • Outdoor Pool
  • Cass Technical High School Rated 10
  • Colonial Architecture

About This Home

As of March 2023

Spacious three bedroom duplex located in the heart of West Park. Endless amounts of character throughout the property is ready for its next owner to either renovate or restore its natural charm. Each unit has 3 bedrooms 1 full bathroom, hardwood floors, spacious dining rooms, living rooms and balcony/porch access perfect for the spring through fall months. Situated now on a dead end street for peaceful ownership of this fantastic investment property. Both units vacant offering the perfect opportunity for the new owner to either renovate both and rent out, live in one unit and rent out the other or simply spruce up the units and rent out immediately. Do not miss this opportunity to own an investment in one of the best communities in the metro Detroit area.

Last Agent to Sell the Property

Spencer Ray

Jim Saros Real Estate Services License #6501409153 Listed on: 10/07/2022

Last Buyer's Agent

Zachary VanElslander

Jim Saros Real Estate Services License #RCO-6501413633

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1920

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 36.00 x 101.50

Home Design

  • Colonial Architecture
  • Brick Foundation

Interior Spaces

  • 2 Full Bathrooms
  • 2,304 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Pool

  • Outdoor Pool

Utilities

  • Gravity Heating System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 39007080053000

Community Details

Overview

  • 2 Units
  • Maryland Park Sub Subdivision

Recreation

  • Community Pool

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,401

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1920
  • State Equalized Value: 109600.0000
  • Pets Allowed: Call
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 2304
  • Total Sq Ft: 2304
  • Sq Ft Total Bsmt: 1152

Exterior Features

  • Pool: Yes
  • Foundation Details: Basement
  • Construction Materials: Aluminum
  • Exterior Features: Pool – Community
  • Foundation Materials: Brick/Mortar
  • Frontage Feet: 36
  • Road Frontage Type: Paved

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Gravity, Separate Meters
  • Sewer: Sewer at Street
  • Water Source: Water at Street

Fee Information

  • Operating Expense: 8800.00

Schools

  • School District: Grosse Pointe

Lot Info

  • Lot Size Area: 0.08
  • Lot Dimensions: 36.00 x 101.50
  • Parcel Number: 39007080053000
  • Zoning: Multi-Family

Rental Info

  • Rent Includes: Water/Sewer, Snow Removal, Water, Yard Maintenance
  • Monthly Rental Income: 2600

Tax Info

  • Tax Amount Summer: 1303.0000
  • Tax Amount Winter: 2098.0000
  • Total Tax: 3401.0000
  • Taxable Value: 51707.0000

Multi Family

  • Gross Scheduled Income: 31200.00
  • Number Of Units Total: 2
  • Number of Three Bedroom Units: 2

MLS Schools

  • School District: Grosse Pointe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2022
Closed on
Mar 22, 2023
Sold by
Rabaut William F and Rabaut Joan B
Bought by
1471 Wayburn St 2023 Llc
Seller's Agent
Spencer Ray
Jim Saros Real Estate Services
Buyer's Agent
Zachary VanElslander
Jim Saros Real Estate Services
List Price
$275,000
Sold Price
$220,000
Premium/Discount to List
-$55,000
-20%
Views
254
Current Estimated Value
$298,252

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,252
Avg. Annual Appreciation
14.05%
Source: Public Records

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Range of Values:

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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 $220,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2024 06/01/24 Rented $1,500 0.0% --
05/08/2024 05/08/24 Under Contract -- -- --
04/12/2024 04/12/24 Price Changed $1,500 -6.3% $1 / Sq Ft
01/09/2024 01/09/24 For Rent $1,600 0.0% --
12/30/2023 12/30/23 Rented $1,600 0.0% --
12/30/2023 12/30/23 Under Contract -- -- --
10/31/2023 10/31/23 For Rent $1,600 0.0% --
03/22/2023 03/22/23 Sold $220,000 -10.2% $95 / Sq Ft
03/08/2023 03/08/23 Pending -- -- --
01/25/2023 01/25/23 Price Changed $244,900 -5.8% $106 / Sq Ft
11/02/2022 11/02/22 Price Changed $259,900 -5.5% $113 / Sq Ft
10/07/2022 10/07/22 For Sale $275,000 -- $119 / 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
2024 $3,387 $136,500 $0 $0
2023 $1,395 $131,400 $0 $0
2022 $1,325 $119,100 $0 $0
2021 $3,401 $109,600 $0 $0
2019 $3,322 $85,600 $0 $0
2018 $1,264 $65,300 $0 $0
2017 $4,262 $42,100 $0 $0
2016 $3,336 $50,200 $0 $0
2015 $4,730 $47,300 $0 $0
2013 $4,680 $49,000 $0 $0
2012 $1,327 $50,700 $8,100 $42,600
Source: Public Records

Agents Affiliated with this Home

  • Z

    Seller's Agent in 2024

    Zachary VanElslander

    Jim Saros Real Estate Services

    (313) 820-9854

    9 in this area

    52 Total Sales

    Section Image
  • Kati Harrison

    Buyer's Agent in 2024

    Kati Harrison

    Higher Living Real Estate

    (586) 719-1136

    2 Total Sales

    Section Image
  • Spencer Ray

    Seller's Agent in 2023

    Spencer Ray

    Jim Saros Real Estate Services

    (313) 886-9030

    37 in this area

    199 Total Sales

    Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 20221048796

Realcomp

APN: 39-007-08-0053-000

Michigan Wayne County Grosse Pointe 48215

1471 Wayburn St, Grosse Pointe, MI

This home is located at 1471 Wayburn St, Grosse Pointe, MI 48230 and is currently priced at $220,000, approximately $95 per square foot. This property was built in 1920. 1471 Wayburn St is a home located in Wayne County with nearby schools including Carstens Academy of Aquatic Science, Edward 'Duke' Ellington Conservatory of Music and Art, and Charles L. Spain Elementary-Middle School.

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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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