NOT LISTED FOR SALE

Estimated Value: $39,000 - $150,000

6 Beds
2 Baths
2,314 Sq Ft
$39/Sq Ft Est. Value

Last Sold October 09, 2023

Last sale price $32,500 $14 Per Sq Ft

Est. 177% increase in value since last sale

Current estimated payment $580/month

33 Days on Market

Highlights

  • Colonial Architecture
  • Forced Air Heating System
  • 4-minute walk to Salsinger Playfield
  • Cass Technical High School Rated 10

About This Home

As of October 2023

Great income opportunity in the city of Detroit! The property features two units, each unit basically the same with 3 bedrooms, 1 full bath, oversized Living Room, formal Dining Room, kitchen with breakfast nook. Hardwood floors though out , lower unit has a back porch, private entrance for each unit. Also has a full basement, and fenced in yard. Come take a look at the potential this home offers!!

Last Agent to Sell the Property

Sherri Saad

RE/MAX Leading Edge License #6502418620 Listed on: 08/17/2023

RE/MAX Leading Edge

Last Buyer's Agent

Unidentified Agent

Unidentified Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1923

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 35.00 x 98.00

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 2 Full Bathrooms
  • 2,314 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number W12I010959S

Community Details

Overview

  • 2 Units
  • Gitres Fenkell Ave Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$766

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Assessment: 340.00
  • Year Built: 1923
  • State Equalized Value: 30800.0000
  • Pets Allowed: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 2314
  • Total Sq Ft: 2314
  • Sq Ft Total Bsmt: 1157

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Poured
  • Road Frontage Type: Paved

Utilities

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

Schools

  • School District: Detroit

Lot Info

  • Lot Size Area: 0.08
  • Lot Dimensions: 35.00 x 98.00
  • Parcel Number: W12I010959S
  • Zoning: Multi-Family

Tax Info

  • Tax Amount Summer: 715.0000
  • Tax Amount Winter: 51.0000
  • Total Tax: 766.0000
  • Taxable Value: 5402.0000

Multi Family

  • Number Of Units Total: 2
  • Number of Three Bedroom Units: 2

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 23, 2023
Sold by
Hb2 Alternative Holdings Llc
Bought by
Cascade Funding Mortgage Trust
Current Estimated Value
$89,969

Purchase Details

Closed on
Jun 22, 2022
Sold by
Federal National Mortgage Association
Bought by
Hb2 Alternative Holdings Llc

Purchase Details

Closed on
Jan 13, 2022
Sold by
Lashana Cooper La
Bought by
Mae Fannie and Federal National Mortgage Asso

Purchase Details

Closed on
Dec 29, 2003
Sold by
Graves Evelyn
Bought by
Broady Rose Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
2.77%
Mortgage Type
FHA
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
Cascade Funding Mortgage Trust -- Fidelity Land Title
Hb2 Alternative Holdings Llc -- Fidelity Land Title
Hb2 Alternative Holdings Llc -- None Listed On Document
Mae Fannie $31,000 None Listed On Document
Broady Rose Marie -- Transnation Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Broady Rose Marie $135,000
Closed Broady Rose Marie $135,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/09/2023 10/09/23 Sold $32,500 0.0% $14 / Sq Ft
09/19/2023 09/19/23 Pending -- -- --
09/06/2023 09/06/23 Price Changed $32,500 -16.9% $14 / Sq Ft
08/18/2023 08/18/23 Price Changed $39,100 -5.6% $17 / Sq Ft
08/17/2023 08/17/23 For Sale $41,400 -- $18 / 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 $3,907 $61,000 $0 $0
2024 $3,907 $51,200 $0 $0
2023 $3,265 $40,200 $0 $0
2022 $596 $30,800 $0 $0
2021 $606 $23,600 $0 $0
2020 $639 $20,200 $0 $0
2019 $572 $14,700 $0 $0
2018 $506 $12,200 $0 $0
2017 $92 $9,900 $0 $0
2016 $723 $41,700 $0 $0
2015 $560 $5,600 $0 $0
2013 $780 $7,797 $0 $0
2010 -- $10,340 $675 $9,665
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20230069171

Realcomp

APN: 12-010959