NOT LISTED FOR SALE

Estimated Value: $65,000 - $163,296

4 Beds
2 Baths
2,042 Sq Ft
$58/Sq Ft Est. Value

Last Sold August 11, 2015

Last sale price $28,000 $14 Per Sq Ft

Est. 382% increase in value since last sale

Current estimated payment $800/month

194 Days on Market

Highlights

  • Garage
  • Cass Technical High School Rated 10
  • Heating System Uses Steam

About This Home

As of August 2015

A VERY WELL MAINTAINED BRICK MULTI-FAMILY HOME. NEW ROOF ON HOUSE AND GARAGE, 2 CAR (2012). UPDATED EXTERIOR WINDOWS, GLASS BOX BASEMENT WINDOWS. HARDWOOD FLOORS THRU OUT HOME. SELLER HAS HAD MANY IMPROVEMENTS INSIDE AND OUT ON HOME. THIS IS A GREAT HOME FOR THE LARGE FAMILY, OR FOR THE SAVVY INVESTOR. GREAT LOCATION IN A AREA OF STABLE HOMES. LOCATED NEAR SHOPPING, RESTAURANTS, AND EASY AND QUICK ACCESS TO X WAYS, THIS HOME IS PRICED TO SALE. THIS IS A SHORT SALE. THIRD PARTY APPROVAL REQUIRED ON ALL ACCEPTED OFFERS BY SELLER. BUYER TO PAY $675.00 SHORT SALE PROCESSING FEE AT CLOSING. SHOWN BY APPOINTMENT ONLY.

Last Agent to Sell the Property

David Holmes

Real Estate One-Southgate License #6501328564 Listed on: 11/22/2014

Real Estate One-Southgate

Last Buyer's Agent

J Chris Randolph

Temporary Inactive Users License #RCO-6501325121

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1929

Lot Details

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

Parking

  • Garage

Home Design

  • Brick Exterior Construction
  • Brick Foundation
  • Asphalt Roof

Interior Spaces

  • 2 Full Bathrooms
  • 2,042 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Utilities

  • Heating System Uses Steam
  • Heating System Uses Natural Gas

Community Details

  • 2 Units
  • Morningside Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number W22I097740S

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
  • Assessment: 340
  • Year Built: 1929
  • Special Features: 12
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Common
  • Sq Ft Combined: 2042
  • Total Sq Ft: 2042
  • Sq Ft Total Bsmt: 1000

Exterior Features

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

Garage/Parking

  • Garage: Yes
  • MF Parking: Garages

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Steam
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 225454.5455
  • Lot Size Area: 0.11
  • Lot Dimensions: 40.00X115.00
  • Parcel Number: W22I097740S
  • Zone Conform: Yes
  • Zoning: Residential
  • Percent Homestead Exempt: Yes

Rental Info

  • Rent Includes: Trash Collection (Garbage Pickup)
  • Monthly Rental Income: 650

Tax Info

  • Tax Amount Summer: 1038.0000
  • Tax Amount Winter: 291.0000
  • Total Tax: 1329.0000

Multi Family

  • Gross Scheduled Income: 15600.00
  • 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

Listed on
Nov 22, 2014
Closed on
Aug 11, 2015
Sold by
Gordon Loreen
Bought by
Thurnam Tivon and Thurman Nicole D
Seller's Agent
David Holmes
Real Estate One-Southgate
Buyer's Agent
J Chris Randolph
Temporary Inactive Users
List Price
$24,800
Sold Price
$28,000
Premium/Discount to List
$3,200
12.9%
Current Estimated Value
$134,878

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,878
Avg. Annual Appreciation
15.24%
Original Mortgage
$22,950
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 16, 1994
Sold by
Hall Joan A
Bought by
Loreen Gordon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,200
Interest Rate
9.24%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Thurnam Tivon $28,000 None Available
Loreen Gordon $52,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thurman Tivon $75,000
Closed Thurman Tivon K $24,000
Closed Thurman Nicole D $22,950
Previous Owner Gordon Loreen $13,224
Previous Owner Loreen Gordon $53,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2015 08/11/15 Sold $28,000 +12.9% $14 / Sq Ft
06/04/2015 06/04/15 Pending -- -- --
11/22/2014 11/22/14 For Sale $24,800 -- $12 / 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 $740 $66,300 $0 $0
2024 $740 $56,800 $0 $0
2023 $962 $45,600 $0 $0
2022 $1,023 $34,300 $0 $0
2021 $1,001 $25,200 $0 $0
2020 $997 $21,900 $0 $0
2019 $985 $16,700 $0 $0
2018 $879 $13,500 $0 $0
2017 $147 $12,600 $0 $0
2016 $955 $9,000 $0 $0
2015 $900 $9,000 $0 $0
2013 $1,263 $12,632 $0 $0
2010 -- $18,099 $1,110 $16,989
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 214120822

Realcomp

APN: 22-097740