NOT LISTED FOR SALE

15101 Hubbard St Livonia, MI 48154

Estimated Value: $381,227 - $419,000

4 Beds
4.5 Baths
2,099 Sq Ft
$192/Sq Ft Est. Value

Last Sold July 31, 2023

Last sale price $376,000 $179 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,542/month

71 Days on Market

Highlights

  • Porch
  • Patio
  • 4 Car Garage
  • Kennedy Elementary School Rated A-
  • Forced Air Zoned Heating System
  • Private Entrance

About This Home

As of July 2023

HIGHEST & BEST SUNDAY 7/2 AT 5PM. Back on market- buyer financing fell through week of closing. Rare cash flowing investment opportunity in highly sought after community, conveniently located across from the Livonia Recreation Center. This large 3-unit property is fully occupied with great tenants, with a unit to be emptied upon sale as it is owner occupied. Rent out all 3 units to generate great cash flow or rent out 2 and live in one unit to reduce owner expenses. Utilities separately metered for gas and electric, owner pays water. Unit 1: large 2BR 2BA, Unit 2: Spacious 1BR 1BA, Unit 3: Cozy Remodeled 1BR 1 BA. All units have private entrances. Each unit has their own washer and dryer. Large backyard with oversized detached garage with possibilities to turn into a 4th unit ADU. 2 driveways provides ample specified parking for tenants. Roof has new vents, soffits, insulation, and gutter guards (2021). Unit 3 has brand new Mini Split heating and cooling unit (2022). Updated Appliances by Unit past 2 yrs:
1: Hot Water Tank, Dishwasher, Washer, Dryer, toilet
2: Furnace (2023), Dishwasher
3: Mini Split heating & cooling unit, Dishwasher, Stove/Oven, Hot Water Tank, Freshly Remodeled.
Very competitive price for a cash flowing rental - will not last long!
Please respect all tenants and owner rights, do not disturb. Speak to agent regarding questions about property. Agent related to owner.

Last Agent to Sell the Property

Haley Johnson

National Realty Centers, Inc License #6501375204 Listed on: 04/21/2023

National Realty Centers, Inc

Co-Listed By

Steve Johnson

National Realty Centers, Inc License #6501349568

Last Buyer's Agent

Lindsey Broadwell

Real Broker LLC Clarkston License #6501393074

Real Broker LLC Clarkston

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1939

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 90.00 x 125.80
  • Private Entrance

Home Design

  • Triplex
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 2,099 Sq Ft Home
  • 3-Story Property
  • Finished Basement
  • Natural lighting in basement
  • Carbon Monoxide Detectors

Parking

  • 4 Car Garage
  • Lighted Parking

Outdoor Features

  • Patio
  • Exterior Lighting
  • Porch

Utilities

  • Forced Air Zoned Heating System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 46086990021000

Community Details

Overview

  • 3 Units
  • Grennaia Park Sub Subdivision

Amenities

  • Laundry Facilities

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,610

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Triplex
  • Architecture Level: 3 Story
  • Year Built: 1939
  • State Equalized Value: 130300.0000
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Interior Amenities: Smoke Alarm, Cable Available, Carbon Monoxide Alarm(s), Circuit Breakers, Laundry Facility
  • Total Bathrooms: 4.10
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Daylight, Finished, Private
  • Total Sq Ft: 2099

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Aluminum
  • Exterior Features: Lighting, Private Entry
  • Foundation Materials: Block
  • Porch Type: Patio, Porch
  • Road Frontage Type: Paved

Garage/Parking

  • Garage: Yes
  • MF Parking: Garages, Lighted, Paved
  • Total Parking Spaces: 4

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air, Separate Meters, Zoned
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)
  • Laundry Facilities: Yes

Lot Info

  • Lot Size Area: 0.26
  • Lot Dimensions: 90.00 x 125.80
  • Parcel Number: 46086990021000
  • Zoning: Multi-Family
  • Percent Homestead Exempt: Yes

Rental Info

  • Rent Includes: Water
  • Monthly Rental Income: 3100

Tax Info

  • Tax Amount Summer: 3531.0000
  • Tax Amount Winter: 3079.0000
  • Total Tax: 6610.0000
  • Taxable Value: 130300.0000

Multi Family

  • Gross Scheduled Income: 37200.00
  • Number Of Units Total: 3

MLS Schools

  • School District: Livonia

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2023
Closed on
Jul 31, 2023
Sold by
Johnson Connor
Bought by
Scherba Christopher Robed and Scherba Madhuchhanda
Seller's Agent
Haley Johnson
National Realty Centers, Inc
Buyer's Agent
Lindsey Broadwell
Real Broker LLC Clarkston
List Price
$350,000
Sold Price
$376,000
Premium/Discount to List
$26,000
7.43%
Views
57
Current Estimated Value
$402,307

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,307
Avg. Annual Appreciation
3.07%

Purchase Details

Listed on
Mar 21, 2021
Closed on
May 25, 2021
Sold by
Desanto Vince and Desanto Frances I
Bought by
Johnson Connor
Seller's Agent
Roy Hibbs
Remerica Hometown One
Buyer's Agent
Haley Johnson
National Realty Centers, Inc
List Price
$260,000
Sold Price
$260,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.44%
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
Scherba Christopher Robed $376,000 Main Street Title
Scherba Christopher Robed $376,000 Main Street Title
Johnson Connor $260,000 Hometown One Title Agcy Llc
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/31/2023 07/31/23 Sold $376,000 +7.4% $179 / Sq Ft
07/02/2023 07/02/23 Pending -- -- --
06/26/2023 06/26/23 For Sale $350,000 0.0% $167 / Sq Ft
04/24/2023 04/24/23 Pending -- -- --
04/21/2023 04/21/23 For Sale $350,000 +34.6% $167 / Sq Ft
05/25/2021 05/25/21 Sold $260,000 0.0% $124 / Sq Ft View Prior Sale
03/24/2021 03/24/21 Pending -- -- --
03/21/2021 03/21/21 For Sale $260,000 0.0% $124 / Sq Ft
02/26/2020 02/26/20 Rented $1,080 +0.5% --
02/13/2020 02/13/20 Under Contract -- -- --
02/10/2020 02/10/20 For Rent $1,075 -2.3% --
04/20/2019 04/20/19 Rented $1,100 +4.8% --
04/20/2019 04/20/19 Under Contract -- -- --
04/18/2019 04/18/19 For Rent $1,050 -- --
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 $5,116 $171,700 $0 $0
2024 $5,116 $164,000 $0 $0
2023 $3,707 $145,100 $0 $0
2022 $6,610 $130,300 $0 $0
2021 $4,711 $123,500 $0 $0
2019 $4,866 $112,200 $0 $0
2018 $2,472 $97,000 $0 $0
2017 $4,513 $92,800 $0 $0
2016 $4,659 $92,800 $0 $0
2015 $7,794 $83,710 $0 $0
2012 -- $74,380 $19,130 $55,250
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20230028085

Realcomp

APN: 46-086-99-0021-000