NOT LISTED FOR SALE

Estimated Value: $100,000 - $182,000

4 Beds
2 Baths
2,054 Sq Ft
$73/Sq Ft Est. Value

Last Sold January 06, 2023

Last sale price $73,000 $36 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $1,000/month

34 Days on Market

Highlights

  • Colonial Architecture
  • Porch
  • Hot Water Heating System
  • Cass Technical High School Rated 10
  • Ceiling Fan
  • Laundry Facilities

About This Home

As of January 2023

Great Investment Opportunity, Brick Multi-Family Home. Its in a Great Location, two units 2 bedrooms each, ONLY ONE UNIT IS RENTED.

Last Agent to Sell the Property

Laura Sanchez

Creative USA Investment Group LLC License #6502413397 Listed on: 11/01/2022

Last Buyer's Agent

Marta Kopania

Realtyflo Inc License #6501424283

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1928

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 40.00 x 108.00

Parking

  • On-Street Parking

Home Design

  • Colonial Architecture
  • Bungalow
  • Brick Exterior Construction
  • Brick Foundation
  • Block Foundation

Interior Spaces

  • 2 Full Bathrooms
  • 2,054 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Unfinished Basement

Outdoor Features

  • Porch

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number W22I022347S
  • $3,500 Seller Concession

Community Details

Overview

  • 2 Units
  • Siterlet Estate Sub Subdivision

Amenities

  • Laundry Facilities

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Bungalow, Colonial
  • Architecture Level: 2 Story
  • Assessment: 340.00
  • Year Built: 1928
  • State Equalized Value: 26300.0000
  • Pets Allowed: Call
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Smoke Alarm, Laundry Facility
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 2054
  • Total Sq Ft: 2054
  • Sq Ft Total Bsmt: 1007

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block, Brick/Mortar
  • Porch Type: Porch
  • Road Frontage Type: Paved

Garage/Parking

  • MF Parking: On Street

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s)
  • Heating: Hot Water
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: Yes

Schools

  • School District: Detroit

Lot Info

  • Lot Size Area: 0.10
  • Lot Dimensions: 40.00 x 108.00
  • Parcel Number: W22I022347S
  • Zoning: Multi-Family

Rental Info

  • Rent Includes: Trash Collection (Garbage Pickup)
  • Monthly Rental Income: 775

Tax Info

  • Tax Amount Summer: 1998.0000
  • Tax Amount Winter: 195.0000
  • Total Tax: 2193.0000
  • Taxable Value: 21263.0000

Multi Family

  • Gross Scheduled Income: 9300.00
  • Number Of Units Total: 2
  • Unit Count: 1
  • 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 1, 2022
Closed on
Jan 6, 2023
Sold by
Your Best Place Inc
Bought by
Bicoastal Holdings Mi Llc
Seller's Agent
Laura Sanchez
Creative USA Investment Group LLC
Buyer's Agent
Marta Kopania
Realtyflo Inc
List Price
$76,000
Sold Price
$73,000
Premium/Discount to List
-$3,000
-3.95%
Views
3
Current Estimated Value
$133,209

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,209
Avg. Annual Appreciation
32.20%
Original Mortgage
$75,240
Interest Rate
6.58%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 18, 2018
Closed on
Mar 7, 2019
Sold by
Detroit Advantage Llc
Bought by
Your Best Place Inc
Seller's Agent
Hassan Scheib
Own It Realty
Buyer's Agent
Laura Sanchez
Creative USA Investment Group LLC
List Price
$59,900
Sold Price
$50,000
Premium/Discount to List
-$9,900
-16.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.36%

Purchase Details

Closed on
Oct 31, 2018
Sold by
Wayne County Treasurer
Bought by
Detroit Advantage Llc

Purchase Details

Closed on
Feb 12, 2008
Sold by
Smith Thelma J and Smith Stacie Necole
Bought by
Smith Thelma Juanita and Thelma Juanita Smith Revocable Trust
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
Bicoastal Holdings Mi Llc $73,000 --
Your Best Place Inc $50,000 Speedy T&E Svcs Llc
Detroit Advantage Llc $20,000 None Available
Smith Thelma Juanita -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Bicoastal Holdings Mi Llc $75,240
Previous Owner Smith Thelma J $22,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/06/2023 01/06/23 Sold $73,000 -3.9% $36 / Sq Ft
12/05/2022 12/05/22 Pending -- -- --
11/01/2022 11/01/22 For Sale $76,000 +52.0% $37 / Sq Ft
03/07/2019 03/07/19 Sold $50,000 -16.5% $24 / Sq Ft
02/25/2019 02/25/19 Pending -- -- --
12/18/2018 12/18/18 For Sale $59,900 -- $29 / 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 $3,234 $47,700 $0 $0
2024 $3,234 $41,600 $0 $0
2023 $2,059 $34,000 $0 $0
2022 $2,199 $26,300 $0 $0
2021 $2,224 $20,600 $0 $0
2020 $2,136 $20,300 $0 $0
2019 $1,782 $16,300 $0 $0
2018 $1,212 $13,700 $0 $0
2017 $210 $12,800 $0 $0
2016 $1,319 $12,900 $0 $0
2015 $1,290 $12,900 $0 $0
2013 $1,445 $18,123 $0 $0
2010 -- $25,967 $824 $25,143
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20221057135

Realcomp

APN: 22-022347