NOT LISTED FOR SALE

Estimated Value: $50,000 - $132,000

4 Beds
2 Baths
1,826 Sq Ft
$49/Sq Ft Est. Value

Last Sold December 08, 2023

Last sale price $40,000 $22 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $680/month

Highlights

  • Colonial Architecture
  • Ground Level Unit
  • 2 Car Detached Garage
  • Cass Technical High School Rated 10
  • No HOA
  • Forced Air Heating System

About This Home

As of December 2023

Prime investment opportunity! promising high rental income potential in a thriving neighborhood.

Last Agent to Sell the Property

Fadol Awada

Empire Realty Group License #6501436316 Listed on: 12/11/2023

Last Buyer's Agent

Fadol Awada

Empire Realty Group License #6501436316 Listed on: 12/11/2023

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1928

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40.00 x 120.00

Parking

  • 2 Car Detached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 1,826 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Location

  • Ground Level Unit

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Rugby Subdivision

Listing and Financial Details

  • Assessor Parcel Number W22I051812S

Home Details

Home Type

Single Family

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Assessment: 240.00
  • Year Built: 1928
  • State Equalized Value: 22400.0000
  • Entry Location: Ground Level
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Room Count: 6
  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 1826
  • Total Sq Ft: 1826
  • Sq Ft Total Bsmt: 1025

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block
  • Frontage Feet: 40
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Detached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Detroit

Lot Info

  • Lot Size Area: 0.11
  • Lot Dimensions: 40.00 x 120.00
  • Parcel Number: W22I051812S

Tax Info

  • Tax Amount Summer: 1964.0000
  • Tax Amount Winter: 185.0000
  • Total Tax: 2149.0000
  • Taxable Value: 22400.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2023
Closed on
Dec 8, 2023
Sold by
Argent Estates Llc
Bought by
Arden Properties Group Llc
Seller's Agent
Fadol Awada
Empire Realty Group
Buyer's Agent
Fadol Awada
Empire Realty Group
List Price
$40,000
Sold Price
$40,000
Current Estimated Value
$88,749

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,749
Avg. Annual Appreciation
52.13%
Original Mortgage
$50,000
Interest Rate
7.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 11, 2023
Closed on
Nov 8, 2023
Sold by
Argent Estates Llc
Bought by
Argent Estates Llc
Seller's Agent
Fadol Awada
Empire Realty Group
Buyer's Agent
Fadol Awada
Empire Realty Group
List Price
$40,000
Sold Price
$40,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 14, 2018
Sold by
Coley Eric
Bought by
Diversified Wealth Llc and Argent Estates Llc

Purchase Details

Closed on
Mar 9, 2018
Sold by
Hill Herget J
Bought by
Coley Eric

Purchase Details

Listed on
Mar 17, 2016
Closed on
May 24, 2016
Sold by
Hill Herbert J
Bought by
Coley Eric
Seller's Agent
Herbert Hill
Herbert J Hill Realty Real Estate Master
Buyer's Agent
Herbert Hill
Herbert J Hill Realty Real Estate Master
List Price
$32,500
Sold Price
$24,500
Premium/Discount to List
-$8,000
-24.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.02%

Purchase Details

Closed on
Nov 16, 2012
Sold by
Wayne County Treasurer
Bought by
Hill Herbert

Purchase Details

Closed on
Sep 17, 2008
Sold by
Vaughn James O
Bought by
Detroit Community Betterment & Developme
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
Arden Properties Group Llc $40,000 Peak Title
Argent Estates Llc -- None Listed On Document
Diversified Wealth Llc $15,000 First American Title
Coley Eric $24,500 Bell Title Agency
Coley Eric -- First American Title Ins Co
Hill Herbert $2,900 None Available
Detroit Community Betterment & Developme -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Arden Properties Llc $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2023 12/11/23 For Sale $40,000 0.0% $22 / Sq Ft
12/08/2023 12/08/23 Sold $40,000 +63.3% $22 / Sq Ft
12/08/2023 12/08/23 Pending -- -- --
05/24/2016 05/24/16 Sold $24,500 -24.6% $12 / Sq Ft
03/17/2016 03/17/16 For Sale $32,500 -- $16 / 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 $2,367 $32,800 $0 $0
2024 $2,367 $28,100 $0 $0
2023 $1,964 $22,400 $0 $0
2022 $1,616 $19,600 $0 $0
2021 $1,459 $15,100 $0 $0
2020 $1,259 $13,800 $0 $0
2019 $1,240 $11,300 $0 $0
2018 $939 $10,300 $0 $0
2017 $201 $10,600 $0 $0
2016 $1,230 $14,600 $0 $0
2015 $1,460 $14,600 $0 $0
2013 $1,907 $20,489 $0 $0
2010 -- $29,357 $889 $28,468
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20230103172

Realcomp

APN: 22-051812