NOT LISTED FOR SALE

Estimated Value: $128,000 - $266,121

5 Beds
3 Baths
2,294 Sq Ft
$88/Sq Ft Est. Value

Last Sold July 22, 2022

Last sale price $220,000 $96 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $1,222/month

6 Days on Market

Highlights

  • Terrace
  • Balcony
  • Forced Air Heating System
  • Cass Technical High School Rated 10
  • Porch
  • 2-minute walk to 360 Park

About This Home

As of July 2022

Well maintained and updated brick, two-family home in the Virginia Park neighborhood, just north of Henry Ford Hospital. The second floor flat is a 3 bedroom, 2 bath, and has been fully renovated with gorgeous wood floors, original wet plaster molding, remodeled kitchen and bathroom. Primary bedroom has an ensuite bath. Private basement. All new windows. The first floor is a 2 bedroom plus den, 1 bath, with a new kitchen and bath, new furnace and water heater, and has been rented to a long-term, reliable tenant. The rear yard has a paved area for parking, accessible from the alley. Roof was replaced in 2018. Separate entrances. Many upgrades to the electrical, plumbing, sewer, and heating system. Contact your agent for a full list of updates. This is an excellent opportunity for an investor, or a savvy homeowner who can use the rent to reduce living expenses. The location is just off the Lodge Freeway, New Center, and near several parks and the Congregation coffee shop.

Last Agent to Sell the Property

Jan Dijkers

Berkshire Hathaway HomeServices The Loft Warehouse License #6501338353 Listed on: 06/10/2022

Berkshire Hathaway HomeServices The Loft Warehouse

Last Buyer's Agent

Vishal Goel

National Realty Centers, Inc License #6501405691

National Realty Centers, Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1916 | Remodeled in 2022

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 30.00x107.00
  • Private Entrance
  • Fenced

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 3 Full Bathrooms
  • 2,294 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Unfinished Basement

  • Walk-Up Access
  • Interior Basement Entry

Parking

  • 2 Parking Spaces
  • Paved Parking
  • On-Street Parking
  • Unassigned Parking

Outdoor Features

  • Balcony
  • Terrace
  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number W06I001867S

Community Details

Overview

  • 2 Units
  • Howell Mack Euclid Ave Sub Subdivision

Amenities

  • Laundry Facilities

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,197

Year Built

Built in 1916 | Remodeled in 2022

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Assessment: 340.00; solid waste fee
  • Year Built: 1916
  • State Equalized Value: 14500.0000
  • Year Renovated: 2022
  • Pets Allowed: Yes
  • Special Features: NewHome
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, Laundry Facility
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement: Yes
  • Basement Type: Interior Entry (Interior Access), Unfinished, Walk-Up Access, Private
  • Sq Ft Combined: 2294
  • Total Sq Ft: 2294
  • Sq Ft Total Bsmt: 1142

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: Private Entry, Fenced
  • Foundation Materials: Block
  • Frontage Feet: 30
  • Porch Type: Balcony, Porch, Terrace
  • Road Frontage Type: Paved, Pub. Sidewalk
  • Sideof Street: S

Garage/Parking

  • MF Parking: On Street, Paved, Unassigned/General
  • Total Parking Spaces: 2

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s)
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: Yes

Schools

  • School District: Detroit

Lot Info

  • Lot Size Area: 0.07
  • Lot Dimensions: 30.00X107.00
  • Parcel Number: W06I001867S
  • Zoning: Multi-Family, Residential

Rental Info

  • Rent Includes: Trash Collection (Garbage Pickup)
  • Monthly Rental Income: 2350

Tax Info

  • Tax Amount Summer: 1104.0000
  • Tax Amount Winter: 93.0000
  • Total Tax: 1197.0000
  • Taxable Value: 9815.0000

Multi Family

  • Gross Scheduled Income: 28200.00
  • Number Of Units Total: 2
  • Number of Three Bedroom Units: 1
  • Number of Two Bedroom Units: 1
  • Number Of Units Leased: 1

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2022
Closed on
Aug 2, 2022
Sold by
Louise North Rhonda
Bought by
Garry Janeal
Seller's Agent
Jan Dijkers
Berkshire Hathaway HomeServices The Loft Warehouse
Buyer's Agent
Vishal Goel
National Realty Centers, Inc
List Price
$200,000
Sold Price
$220,000
Premium/Discount to List
$20,000
10%
Current Estimated Value
$202,530

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$17,470
Avg. Annual Appreciation
-2.56%

Purchase Details

Listed on
Dec 27, 2017
Closed on
Feb 5, 2018
Sold by
Brennan Vicci
Bought by
Northa Rhonda Louise
Seller's Agent
Jay Taylor
Good Company
Buyer's Agent
Jan Dijkers
Berkshire Hathaway HomeServices The Loft Warehouse
List Price
$55,000
Sold Price
$50,000
Premium/Discount to List
-$5,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.51%

Purchase Details

Closed on
Mar 1, 2012
Sold by
Johnson Charles Preston and Johnson Michelle B
Bought by
Brennan Vicci
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
Garry Janeal $220,000 First American Title
Northa Rhonda Louise $50,000 First American Title Ins Co
Brennan Vicci $36,000 Bell Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/22/2022 07/22/22 Sold $220,000 +10.0% $96 / Sq Ft
06/16/2022 06/16/22 Pending -- -- --
06/10/2022 06/10/22 For Sale $200,000 +300.0% $87 / Sq Ft
02/09/2018 02/09/18 Sold $50,000 -9.1% $22 / Sq Ft View Prior Sale
01/10/2018 01/10/18 Pending -- -- --
12/27/2017 12/27/17 For Sale $55,000 -- $24 / 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 $1,726 $47,100 $0 $0
2024 $1,726 $30,500 $0 $0
2023 $1,675 $24,000 $0 $0
2022 $1,126 $19,400 $0 $0
2021 $1,097 $14,500 $0 $0
2020 $1,097 $12,600 $0 $0
2019 $1,181 $9,500 $0 $0
2018 $914 $7,500 $0 $0
2017 $138 $7,300 $0 $0
2016 $1,176 $28,500 $0 $0
2015 $990 $9,900 $0 $0
2013 $1,381 $13,807 $0 $0
2010 -- $19,783 $466 $19,317
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20221002180

Realcomp

APN: 06-001867