$200,000
SOLD AUG 11, 2020

1477 Maryland St Grosse Pointe Park, MI 48230

3 Beds
2 Baths
1,700 Sq Ft
4,356 Sq Ft Lot

Recently Sold

$118 Per Sq Ft

9% Below List Price

57 Days on Market

Highlights

  • Covered patio or porch
  • Programmable Thermostat
  • Ceiling Fan
  • George Defer Elementary School Rated A
  • Forced Air Heating and Cooling System
  • 2 Car Garage

About This Home

As of May 2023

This is a TURNKEY opportunity for investors or anyone looking for a tenant to help cover costs. Close walk to restaurants, pub, and market - easy access to downtown and all freeways. Updates include - new roof(2018) with 50 year warranty, furnace and central air(2018). Upstairs unit has been owner occupied and was renovated(2018) with new kitchen, stainless appliances, insulation blown in attic and all new windows - the unit is 1 bedroom with an eat in kitchen, full bath, living area and a bonus room perfect for an office. The lower unit has an updated Cert of Occupancy 2/2020, with a 5 year tenant that is on a month to month lease(willing to continue) - the unit has a lot of space, 2 bedrooms, 1 full bath, dining and living area w/hardwood floors under carpet, fireplace, kitchen and a sunroom. The basement is shared space for both units with washer/dryer and storage - 2 car detached garage in back.

Last Agent to Sell the Property

Selling Woodward with Brie & Renee

Max Broock, REALTORS-Royal Oak License #6501419971 Listed on: 05/01/2020

Max Broock, REALTORS-Royal Oak

Last Buyer's Agent

Selling Woodward with Brie & Renee

Max Broock, REALTORS-Royal Oak License #6501419971 Listed on: 05/01/2020

Max Broock, REALTORS-Royal Oak

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1923 | Remodeled in 2018

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Brick Exterior Construction
  • Brick Foundation
  • Asphalt Roof

Interior Spaces

  • 2 Full Bathrooms
  • 1,700 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Programmable Thermostat
  • Natural Gas Water Heater
  • Cable TV Available

Additional Features

  • Covered patio or porch
  • Lot Dimensions are 35x104

Listing and Financial Details

  • Assessor Parcel Number 39007080026000

Community Details

Overview

  • 2 Units
  • Maryland Park Sub Subdivision

Amenities

  • Laundry Facilities

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,334

Year Built

Built in 1923 | Remodeled in 2018

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 2 Story
  • Year Built: 1923
  • State Equalized Value: 86800.0000
  • Year Renovated: 2018
  • Pets Allowed: Call
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, Laundry Facility, Programmable Thermostat
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Common, Unfinished
  • Sq Ft Combined: 1700
  • Total Sq Ft: 1700
  • Sq Ft Total Bsmt: 1700

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick Veneer (Brick Siding)
  • Foundation Materials: Brick/Mortar
  • Frontage Feet: 35
  • Porch Type: Porch - Covered
  • Road Frontage Type: Paved

Garage/Parking

  • MF Parking: Garages
  • Total Parking Spaces: 2

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Schools

  • School District: Grosse Pointe

Lot Info

  • Lot Dimensions: 35x104
  • Parcel Number: 39007080026000
  • Zoning: Multi-Family
  • Percent Homestead Exempt: Yes

Rental Info

  • Legal Rental Certified: Yes
  • Monthly Rental Income: 1000

Tax Info

  • Tax Amount Summer: 1806.0000
  • Tax Amount Winter: 2528.0000
  • Total Tax: 4334.0000
  • Taxable Value: 70491.0000

Multi Family

  • Gross Scheduled Income: 12000.00
  • Number Of Units Total: 2
  • Unit Count: 2
  • Number of One Bedroom Units: 1
  • Number of Two Bedroom Units: 1
  • Number Of Units Leased: 1

MLS Schools

  • School District: Grosse Pointe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2023
Closed on
May 5, 2023
Sold by
Sox Andrea
Bought by
Morrow Liam
Seller's Agent
Selling Woodward with Brie & Renee
Max Broock, REALTORS-Royal Oak
Buyer's Agent
Robert Coburn
RE/MAX First
List Price
$259,900
Sold Price
$259,900
Views
30
Current Estimated Value
$300,018

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,118
Avg. Annual Appreciation
6.40%
Original Mortgage
$220,915
Outstanding Balance
$215,835
Interest Rate
6.28%
Mortgage Type
New Conventional
Estimated Equity
$82,786

Purchase Details

Listed on
May 1, 2020
Closed on
Aug 7, 2020
Sold by
Wolfe Matthew
Bought by
Sox Andrea
Seller's Agent
Selling Woodward with Brie & Renee
Max Broock, REALTORS-Royal Oak
Buyer's Agent
Selling Woodward with Brie & Renee
Max Broock, REALTORS-Royal Oak
List Price
$219,000
Sold Price
$200,000
Premium/Discount to List
-$19,000
-8.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.07%
Original Mortgage
$160,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 3, 2017
Closed on
Dec 18, 2017
Sold by
Safadi Robert and Safadi Edmond
Bought by
Wolfe Matthew
Seller's Agent
Charles Cacchione
RE/MAX First
Buyer's Agent
Kathleen Best
RE/MAX Eclipse
List Price
$149,900
Sold Price
$150,000
Premium/Discount to List
$100
0.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.47%
Original Mortgage
$142,500
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 31, 2005
Sold by
Sweiss Simon and Mashini Wahib
Bought by
Safadi Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
5.82%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Warranty Deed $259,900 Ata National Title
Warranty Deed $259,900 Ata National Title
Warranty Deed $200,000 None Available
Warranty Deed $150,000 Partners Title Group Inc
Warranty Deed $135,000 Metropolitan Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $220,915 New Conventional
Closed $220,915 New Conventional
Previous Owner $160,000 New Conventional
Previous Owner $142,500 New Conventional
Previous Owner $108,000 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2023 05/05/23 Sold $259,900 0.0% $154 / Sq Ft
04/10/2023 04/10/23 Pending -- -- --
03/30/2023 03/30/23 For Sale $259,900 +30.0% $154 / Sq Ft
08/11/2020 08/11/20 Sold $200,000 -6.9% $118 / Sq Ft
06/27/2020 06/27/20 Pending -- -- --
06/03/2020 06/03/20 Price Changed $214,900 -1.9% $126 / Sq Ft
05/01/2020 05/01/20 For Sale $219,000 +46.0% $129 / Sq Ft
12/18/2017 12/18/17 Sold $150,000 +0.1% $88 / Sq Ft
11/20/2017 11/20/17 Pending -- -- --
08/29/2017 08/29/17 Price Changed $149,900 0.0% $88 / Sq Ft
08/29/2017 08/29/17 For Sale $149,900 -0.1% $88 / Sq Ft
08/08/2017 08/08/17 Off Market $150,000 -- --
07/03/2017 07/03/17 For Sale $179,900 -- $106 / 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 $3,307 $133,300 $0 $0
2023 $2,938 $128,600 $0 $0
2022 $2,792 $117,200 $0 $0
2021 $6,333 $108,900 $0 $0
2019 $4,234 $86,800 $0 $0
2018 $1,715 $66,300 $0 $0
2017 $3,995 $38,700 $0 $0
2016 $3,115 $46,600 $0 $0
2015 $4,390 $43,900 $0 $0
2013 $4,350 $45,500 $0 $0
2012 $1,233 $47,100 $7,900 $39,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2200028258

Realcomp

APN: 39-007-08-0026-000