NOT LISTED FOR SALE

Estimated Value: $56,000 - $142,000

3 Beds
2 Baths
1,512 Sq Ft
$62/Sq Ft Est. Value

Last Sold April 26, 2024

Last sale price $40,000 $26 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $715/month

12 Days on Market

Highlights

  • Bungalow
  • Hot Water Heating System
  • 1 Car Garage
  • Cass Technical High School Rated 10

About This Home

As of April 2024

Great opportunity on this two unit mostly brick home in Detroit. It is currently set up as an upper and lower unit with 2 bedrooms each. Separate electric and gas meters. Good layout and main level living room has a fireplace. Could be easily converted and/or used as a four bedroom single family.

Last Agent to Sell the Property

Raymond Megie

Realty Executives Main St LLC License #6501280167 Listed on: 02/14/2024

Realty Executives Main St LLC

Last Buyer's Agent

Veneesha Slater

Slater Signature Homes License #6502413037

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1927

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 30.00 x 116.00

Parking

  • 1 Car Garage

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 2 Full Bathrooms
  • 1,512 Sq Ft Home
  • 1.5-Story Property
  • Unfinished Basement

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number W16I028041S

Community Details

Overview

  • 2 Units
  • Mulberry Hill No 1 Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Assessment: 240.00
  • Year Built: 1927
  • State Equalized Value: 26100.0000
  • Pets Allowed: Yes
  • AgentOnly_ListPriceByAcre: 468750.0000
  • Special Features: RealEstateOwned
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 1512

Exterior Features

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

Garage/Parking

  • Garage: Yes
  • Total Parking Spaces: 1

Utilities

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

Lot Info

  • Lot Size Area: 0.08
  • Lot Dimensions: 30.00 x 116.00
  • Parcel Number: W16I028041S
  • Zoning: Residential

Tax Info

  • Tax Amount Summer: 1601.0000
  • Tax Amount Winter: 159.0000
  • Total Tax: 1760.0000
  • Taxable Value: 17678.0000

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2024
Closed on
Apr 11, 2024
Sold by
Antler Mortgage Loan Trust and Antlr Mortgage Loan Trust
Bought by
Vega Ventures Llc
Seller's Agent
Raymond Megie
Realty Executives Main St LLC
Buyer's Agent
Veneesha Slater
Slater Signature Homes
List Price
$37,500
Sold Price
$40,000
Premium/Discount to List
$2,500
6.67%
Views
50
Current Estimated Value
$93,648

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,648
Avg. Annual Appreciation
69.06%
Original Mortgage
$79,376
Outstanding Balance
$78,040
Interest Rate
6.87%
Mortgage Type
Construction
Estimated Equity
$15,608

Purchase Details

Closed on
Feb 16, 2023
Sold by
Sheriff Of Wayne County
Bought by
Antler Mortgage Loan Trust

Purchase Details

Listed on
Oct 17, 2019
Closed on
Mar 13, 2020
Sold by
Magee Edward E
Bought by
Dillon Amanda
Seller's Agent
Kelvin Buckner
All Things Real Estate LLC
Buyer's Agent
Ann Lafleche
All Things Real Estate LLC
List Price
$35,000
Sold Price
$40,000
Premium/Discount to List
$5,000
14.29%
Views
50

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.94%
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
Vega Ventures Llc $40,000 None Listed On Document
Vega Ventures Llc $40,000 None Listed On Document
Antler Mortgage Loan Trust $58,672 --
Dillon Amanda $40,000 Stewart Title Guaranty
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vega Ventures Llc $79,376
Closed Vega Ventures Llc $79,376
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/26/2024 04/26/24 Sold $40,000 +6.7% $26 / Sq Ft
02/26/2024 02/26/24 Pending -- -- --
02/14/2024 02/14/24 For Sale $37,500 -- $25 / 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 $2,668 $36,600 $0 $0
2024 $2,668 $32,100 $0 $0
2023 $1,601 $26,100 $0 $0
2022 $1,712 $20,200 $0 $0
2021 $1,663 $16,300 $0 $0
2020 $994 $14,900 $0 $0
2019 $980 $11,100 $0 $0
2018 $869 $9,500 $0 $0
2017 $152 $8,000 $0 $0
2016 $1,147 $22,700 $0 $0
2015 $1,200 $12,000 $0 $0
2013 $1,568 $16,784 $0 $0
2010 -- $24,048 $556 $23,492
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20240008718

Realcomp

APN: 16-028041