NOT LISTED FOR SALE

1518 E George Ave Hazel Park, MI 48030

Estimated Value: $124,000 - $203,000

2 Beds
2 Baths
1,200 Sq Ft
$143/Sq Ft Est. Value

Last Sold August 14, 2024

Last sale price $200,000 $167 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $1,277/month

74 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Forced Air Heating System

About This Home

As of August 2024

Welcome to a rare find in the heart of Hazel Park. This meticulously renovated duplex combines contemporary luxury with a lucrative investment opportunity, making it a standout gem in the bustling real estate market. This duplex has undergone a comprehensive modernization, featuring brand-new flooring, upgraded kitchens , chic bathrooms, and fresh paint throughout. Every detail has been carefully curated to offer a blend of style and functionality. With two spacious units, this property is a landlord's dream. Whether you're an experienced investor or seeking your first income property, the potential for high rental income is undeniable.

Last Agent to Sell the Property

Mark Kattula

@properties Christie's Int'l R.E. Birmingham License #6501381967 Listed on: 05/02/2024

@properties Christie's Int'l R.E. Birmingham

Last Buyer's Agent

Tony Markoz

Golden Key Realty Group LLC License #6501399340

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1955 | Remodeled in 2020

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50 x 108

Home Design

  • Ranch Style House

Interior Spaces

  • 1,200 Sq Ft Home
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Location

  • Ground Level

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Oakway Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2536478014

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,446

Year Built

Built in 1955 | Remodeled in 2020

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Assessment: 336.00
  • Year Built: 1955
  • State Equalized Value: 45860.0000
  • Year Renovated: 2020
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Total Sq Ft: 1200

Exterior Features

  • Foundation Details: Crawl
  • Construction Materials: Aluminum
  • Exclusions: Yes
  • Road Frontage Type: Paved
  • Sideof Street: S

Garage/Parking

  • Garage Size: No Garage

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Lot Size Area: 0.14
  • Lot Dimensions: 50 x 108
  • Parcel Number: 2536478014

Tax Info

  • Tax Amount Summer: 3327.0000
  • Tax Amount Winter: 119.0000
  • Total Tax: 3446.0000
  • Taxable Value: 34510.0000

MLS Schools

  • School District: Hazel Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2024
Closed on
Aug 14, 2024
Sold by
Iei Properties Pllc
Bought by
Blair Erin
Seller's Agent
Mark Kattula
@properties Christie's Int'l R.E. Birmingham
Buyer's Agent
Tony Markoz
Golden Key Realty Group LLC
List Price
$215,000
Sold Price
$200,000
Premium/Discount to List
-$15,000
-6.98%
Views
100
Current Estimated Value
$191,495

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,505
Avg. Annual Appreciation
-10.02%

Purchase Details

Listed on
Mar 11, 2019
Closed on
Apr 25, 2019
Sold by
Ridge Investment Properties Llc
Bought by
Iei Properties Pllc
Seller's Agent
Tara Roberts
Foundations Realty
Buyer's Agent
Troy Puste
EXP Realty
List Price
$114,900
Sold Price
$100,000
Premium/Discount to List
-$14,900
-12.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.94%

Purchase Details

Closed on
May 15, 2018
Sold by
Blaekwater Real Estate Llc
Bought by
Ridge Investment Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,551
Interest Rate
4.44%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 9, 2018
Sold by
Hengehold Jerry Douglas
Bought by
Blackwater Real Estate Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,551
Interest Rate
4.44%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jan 23, 2002
Sold by
Natacq Incorporated
Bought by
Javens Joyce

Purchase Details

Closed on
Dec 5, 2001
Sold by
Javens Joyce A
Bought by
George 1518
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Blair Erin $200,000 None Listed On Document
Blair Erin $200,000 None Listed On Document
Iei Properties Pllc $100,000 Michigan Investment Ttl Inc
Ridge Investment Properties Llc -- None Available
Blackwater Real Estate Llc -- None Available
Javens Joyce -- --
George 1518 -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Blackwater Real Estate Llc $27,551
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/14/2024 08/14/24 Sold $200,000 0.0% $167 / Sq Ft
07/19/2024 07/19/24 Rented $1,025 -2.3% --
07/19/2024 07/19/24 Under Contract -- -- --
06/19/2024 06/19/24 For Rent $1,049 0.0% --
05/21/2024 05/21/24 Price Changed $200,000 -7.0% $167 / Sq Ft
05/02/2024 05/02/24 For Sale $215,000 0.0% $179 / Sq Ft
06/30/2020 06/30/20 Rented $825 0.0% --
06/25/2020 06/25/20 Under Contract -- -- --
06/18/2020 06/18/20 For Rent $825 0.0% --
11/26/2019 11/26/19 Rented $825 0.0% --
11/21/2019 11/21/19 Under Contract -- -- --
10/09/2019 10/09/19 Price Changed $825 -6.8% $1 / Sq Ft
08/30/2019 08/30/19 Price Changed $885 -1.7% $1 / Sq Ft
07/01/2019 07/01/19 For Rent $900 0.0% --
04/25/2019 04/25/19 Sold $100,000 -13.0% $85 / Sq Ft View Prior Sale
04/04/2019 04/04/19 Pending -- -- --
03/11/2019 03/11/19 For Sale $114,900 -- $98 / 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 $3,431 $67,810 $0 $0
2024 $3,294 $51,700 $0 $0
2023 $3,327 $45,860 $0 $0
2022 $3,263 $40,480 $0 $0
2021 $3,199 $35,650 $0 $0
2020 $3,131 $31,390 $0 $0
2019 $2,893 $27,970 $0 $0
2018 $1,915 $24,310 $0 $0
2017 $1,865 $23,030 $0 $0
2016 $1,862 $20,550 $0 $0
2015 -- $17,900 $0 $0
2014 -- $16,760 $0 $0
2011 -- $24,860 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20240029185

Realcomp

APN: 25-36-478-014