NOT LISTED FOR SALE

Estimated Value: $83,000 - $95,000

3 Beds
2 Baths
1,500 Sq Ft
$59/Sq Ft Est. Value

Last Sold March 08, 2024

Last sale price $70,000 $47 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $621/month

25 Days on Market

Highlights

  • Bungalow
  • Cass Technical High School Rated 10
  • Forced Air Heating System

About This Home

As of March 2024

Come take a look at this newly renovated multi-family gem in the up and coming Fitzgerald-Marygrove neighborhood. Conveniently located 10 minutes away from Downtown Detroit and 5 minutes away from Marygrove College. This beautiful house is newly renovated with Brand new carpets installed in the lower unit, new lighting fixtures, new gutter, 2 renovated kitchens, 2 full bathrooms, 2 full kitchens. Corner street unit standing on a quiet street with wonderful neighbors that look after one another. It can be an amazing place to establish your home or a great investment property that generates substantial return. Don't miss your luck! It's a great opportunity to seize. All offers will be considered.

Last Agent to Sell the Property

Robert Funk

RE/MAX First License #6501112525 Listed on: 02/01/2024

RE/MAX First

Last Buyer's Agent

Joe Hammel

Keller Williams Somerset License #6501422602

Keller Williams Somerset

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1927 | Remodeled in 2022

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 35.00 x 108.00

Home Design

  • Bungalow
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 2 Full Bathrooms
  • 1,500 Sq Ft Home
  • 2-Story Property
  • Partially Finished Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • 2 Units
  • Graceland Subdivision

Listing and Financial Details

  • Assessor Parcel Number W16I031321C8

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,710

Year Built

Built in 1927 | Remodeled in 2022

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Bungalow
  • Architecture Level: 2 Story
  • Year Built: 1927
  • State Equalized Value: 25100.0000
  • Year Renovated: 2022
  • Pets Allowed: No
  • Special Features: NewHome
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Circuit Breakers
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Partially Finished
  • Sq Ft Combined: 1500
  • Total Sq Ft: 1500
  • Sq Ft Total Bsmt: 816

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Aluminum
  • Foundation Materials: Block
  • Frontage Feet: 35
  • Road Frontage Type: Paved

Utilities

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

Schools

  • School District: Detroit

Lot Info

  • Lot Size Area: 0.09
  • Lot Dimensions: 35.00 x 108.00
  • Parcel Number: W16I031321C8
  • Zoning: Multi-Family

Tax Info

  • Tax Amount Summer: 1569.0000
  • Tax Amount Winter: 141.0000
  • Total Tax: 1710.0000
  • Taxable Value: 20370.0000

Multi Family

  • Number Of Units Total: 2
  • Number of One Bedroom Units: 1
  • Number of Two Bedroom Units: 1

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2024
Closed on
Mar 8, 2024
Sold by
Chbat Sylvie
Bought by
B-Ingenious Llc
Seller's Agent
Robert Funk
RE/MAX First
Buyer's Agent
Joe Hammel
Keller Williams Somerset
List Price
$84,000
Sold Price
$70,000
Premium/Discount to List
-$14,000
-16.67%
Views
15
Current Estimated Value
$88,844

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,844
Avg. Annual Appreciation
16.51%

Purchase Details

Listed on
Jan 5, 2021
Closed on
Oct 8, 2021
Sold by
Hargrove Micheal
Bought by
Chbat Sylvie
Seller's Agent
Mark Nasser
RE/MAX Leading Edge
Buyer's Agent
Jessica Turner
Golden Key Realty Group LLC
List Price
$25,000
Sold Price
$16,000
Premium/Discount to List
-$9,000
-36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
84.02%

Purchase Details

Closed on
Sep 18, 2019
Sold by
The Detroit Land Bank Authority
Bought by
Flargrove Micheal

Purchase Details

Closed on
Nov 30, 2017
Sold by
Sabree Eric R
Bought by
Detroit Land Bank Authority

Purchase Details

Closed on
Jun 23, 2014
Sold by
Pierce Marilyn and Thorton Floyd A
Bought by
Curry Robert Lee
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
B-Ingenious Llc $70,000 None Listed On Document
B-Ingenious Llc $70,000 None Listed On Document
Chbat Sylvie $16,000 None Available
Flargrove Micheal $1,700 None Available
Detroit Land Bank Authority -- None Available
Curry Robert Lee -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/08/2024 03/08/24 Sold $70,000 -16.7% $47 / Sq Ft
02/26/2024 02/26/24 Pending -- -- --
02/01/2024 02/01/24 For Sale $84,000 +425.0% $56 / Sq Ft
10/08/2021 10/08/21 Sold $16,000 -36.0% $11 / Sq Ft View Prior Sale
09/02/2021 09/02/21 Pending -- -- --
03/01/2021 03/01/21 For Sale $25,000 0.0% $17 / Sq Ft
02/12/2021 02/12/21 Pending -- -- --
02/10/2021 02/10/21 Price Changed $25,000 -28.6% $17 / Sq Ft
01/05/2021 01/05/21 For Sale $35,000 -- $23 / 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 $1,861 $35,200 $0 $0
2024 $1,861 $30,800 $0 $0
2023 $1,808 $25,100 $0 $0
2022 $1,549 $19,400 $0 $0
2021 $1,506 $15,700 $0 $0
2020 $1,505 $14,300 $0 $0
2019 $0 $0 $0 $0
2018 $0 $8,600 $0 $0
2017 $138 $7,300 $0 $0
2016 $820 $20,300 $0 $0
2015 $970 $9,700 $0 $0
2013 $1,364 $13,639 $0 $0
2010 -- $19,542 $536 $19,006
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20240006104

Realcomp

APN: 16-0313218