NOT LISTED FOR SALE

Estimated Value: $61,963 - $147,000

4 Beds
2 Baths
1,944 Sq Ft
$51/Sq Ft Est. Value

Last Sold November 03, 2015

Last sale price $22,500 $12 Per Sq Ft

Est. 325% increase in value since last sale

Current estimated payment $609/month

106 Days on Market

About This Home

As of November 2015

GOOD INVESTMENT PROPERTY. GOOD SOLID FULLY OCCUPIED AREA OF HOMES. 2 UNITS TOTAL UP AND DOWN. LIVING ROOM, DINING ROOM, KITCHEN AND 2 BEDROOMS IN EACH UNIT. FULL BASEMENT. SEPARATE FURNACES. LIVE IN 1 UNIT RENT OUT THE OTHER. GREAT INCOME PROPERTY FOR INVESTOR TO RECEIVE 2 MONTHLY INCOMES FROM 1 PROPERTY. GREAT RETURN ON INVESTMENT. 1 OF THE UNITS IS CURRENTLY OCCUPIED WITH A GOOD STABLE TENANT.

Last Agent to Sell the Property

Verzell Page

Front Page Properties License #6502391774 Listed on: 07/18/2015

Last Buyer's Agent

Kim Page

Front Page Properties License #RCO-6502391774

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1929

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40.00x115.00

Home Design

  • Brick Exterior Construction
  • Brick Foundation
  • Asphalt Roof

Interior Spaces

  • 2 Full Bathrooms
  • 1,944 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Sewer in Street

Community Details

  • 2 Units
  • Monnier Park Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number W22I036229S

Property Details

Home Type

Multi-Family

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Year Built: 1929
  • 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: 1944
  • Total Sq Ft: 1944
  • Sq Ft Total Bsmt: 900

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Brick/Mortar
  • Frontage Feet: 40
  • Road Frontage Type: Paved, Pub. Sidewalk

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Sewer at Street
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 227272.7273
  • Lot Size Area: 0.11
  • Lot Dimensions: 40.00X115.00
  • Parcel Number: W22I036229S
  • Zoning: Residential

Rental Info

  • Monthly Rental Income: 1000

Tax Info

  • Tax Amount Summer: 1372.0000
  • Tax Amount Winter: 125.0000
  • Total Tax: 1497.0000

Multi Family

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

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 25, 2022
Sold by
Wayne County Treasurer
Bought by
Cafe Knowledge
Current Estimated Value
$95,679

Purchase Details

Closed on
Dec 13, 2016
Sold by
Ninan Real Estate Llc
Bought by
Forever Invest Llc

Purchase Details

Listed on
Jul 18, 2015
Closed on
Dec 22, 2015
Sold by
Rbf Trust Llc
Bought by
Ninan Real Setate Llc
Seller's Agent
Verzell Page
Front Page Properties
Buyer's Agent
Kim Page
Front Page Properties
List Price
$25,000
Sold Price
$22,500
Premium/Discount to List
-$2,500
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.37%

Purchase Details

Listed on
Jul 18, 2015
Closed on
Oct 14, 2015
Sold by
La Squared Investments Llc
Bought by
Rbf Trust Llc
Seller's Agent
Verzell Page
Front Page Properties
Buyer's Agent
Kim Page
Front Page Properties
List Price
$25,000
Sold Price
$22,500
Premium/Discount to List
-$2,500
-10%

Purchase Details

Closed on
Feb 13, 2007
Sold by
Grp Loan Llc
Bought by
La Squared Investments Llc

Purchase Details

Closed on
Aug 28, 2006
Sold by
Option One Mortgage Corp
Bought by
Grp Loan Llc

Purchase Details

Closed on
Feb 1, 2006
Sold by
Brown Alva L
Bought by
Option One Mortgage Corp

Purchase Details

Closed on
Jun 14, 2005
Sold by
Chandoo Dulcie
Bought by
Brown Alva L
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
Cafe Knowledge $16,500 --
Forever Invest Llc $500 None Available
Ninan Real Setate Llc $33,300 Multiple
Rbf Trust Llc $22,500 Attorney
La Squared Investments Llc $42,000 Greco
Grp Loan Llc -- E Title
Option One Mortgage Corp $59,500 None Available
Brown Alva L -- --
Brown Alva L -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/03/2015 11/03/15 Sold $22,500 -10.0% $12 / Sq Ft
11/01/2015 11/01/15 Pending -- -- --
07/18/2015 07/18/15 For Sale $25,000 -- $13 / 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 $1,035 $45,500 $0 $0
2024 $1,035 $40,700 $0 $0
2023 $1,250 $32,800 $0 $0
2022 $1,324 $25,700 $0 $0
2021 $1,291 $18,900 $0 $0
2020 $1,291 $19,600 $0 $0
2019 $1,273 $15,800 $0 $0
2018 $1,133 $13,300 $0 $0
2017 $191 $13,000 $0 $0
2016 $1,230 $11,800 $0 $0
2015 $1,180 $11,800 $0 $0
2013 $1,650 $16,503 $0 $0
2010 -- $23,646 $833 $22,813
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 215103316

Realcomp

APN: 22-036229