NOT LISTED FOR SALE

15500 Inverness St Detroit, MI 48238

Pilgrim Village Neighborhood

Estimated Value: $72,000 - $110,342

4 Beds
2 Baths
2,170 Sq Ft
$41/Sq Ft Est. Value

Last Sold September 19, 2022

Last sale price $63,000 $29 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $518/month

44 Days on Market

Highlights

  • Porch
  • Forced Air Heating System
  • 4-minute walk to Benjamin S. Hill Park
  • Cass Technical High School Rated 10

About This Home

As of September 2022

Great opportunity to purchase occupied cash flowing duplex. Long term tenants. Two 2 bed 1 bath units. Please do not approach tenants without appointment, no showings until an accepted offer.

Last Agent to Sell the Property

Josh Hepner

Keller Williams Somerset License #6501364702 Listed on: 06/20/2022

Keller Williams Somerset

Last Buyer's Agent

Dyla Abbas

Keller Williams Legacy License #6501423394

Keller Williams Legacy

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1925

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 30.00 x 128.00

Home Design

  • Block Foundation

Interior Spaces

  • 2 Full Bathrooms
  • 2,170 Sq Ft Home
  • 2-Story Property
  • Finished Basement

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number W08I009719S

Community Details

Overview

  • 2 Units
  • Howland Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,208

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Level: 2 Story
  • Assessment: 340.00
  • Year Built: 1925
  • State Equalized Value: 19200.0000
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Finished
  • Sq Ft Combined: 2170
  • Total Sq Ft: 2170
  • Sq Ft Total Bsmt: 1056

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Wood
  • Foundation Materials: Block
  • Porch Type: Porch
  • Road Frontage Type: Paved
  • Sideof Street: E

Utilities

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

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 833333.3300
  • Lot Size Area: 0.09
  • Lot Dimensions: 30.00 x 128.00
  • Parcel Number: W08I009719S
  • Zone Conform: Yes
  • Zoning: Multi-Family

Rental Info

  • Monthly Rental Income: 1590

Tax Info

  • Tax Amount Summer: 1114.0000
  • Tax Amount Winter: 94.0000
  • Total Tax: 1208.0000
  • Taxable Value: 9944.0000

Multi Family

  • Gross Scheduled Income: 19080.00
  • Number Of Units Total: 2
  • Number of Two Bedroom Units: 2
  • Number Of Units Leased: 2

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2022
Closed on
Sep 16, 2022
Sold by
Isoda Matthew
Bought by
Mc Real Estate Enterprise Ic
Seller's Agent
Josh Hepner
Keller Williams Somerset
Buyer's Agent
Dyla Abbas
Keller Williams Legacy
List Price
$75,000
Sold Price
$63,000
Premium/Discount to List
-$12,000
-16%
Views
14
Current Estimated Value
$82,146

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,146
Avg. Annual Appreciation
9.80%
Original Mortgage
$48,300
Outstanding Balance
$46,426
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$36,262

Purchase Details

Closed on
May 11, 2017
Sold by
Saber Enterprises Llc
Bought by
Isoda Matthew

Purchase Details

Closed on
Jan 6, 2012
Sold by
Mcgadney Annie L
Bought by
Ramsey Asante L
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
Mc Real Estate Enterprise Ic $63,000 --
Isoda Matthew $45,000 None Available
Ramsey Asante L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mc Real Estate Enterprise Llc $48,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2022 09/19/22 Sold $63,000 -16.0% $29 / Sq Ft
08/03/2022 08/03/22 Pending -- -- --
06/20/2022 06/20/22 For Sale $75,000 -- $35 / 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 $2,560 $47,600 $0 $0
2024 $2,560 $39,700 $0 $0
2023 $2,734 $31,100 $0 $0
2022 $1,238 $25,100 $0 $0
2021 $1,208 $19,200 $0 $0
2020 $1,208 $16,400 $0 $0
2019 $1,192 $12,000 $0 $0
2018 $1,064 $9,400 $0 $0
2017 $124 $7,600 $0 $0
2016 $918 $49,500 $0 $0
2015 $760 $7,600 $0 $0
2013 $1,069 $10,691 $0 $0
2010 -- $14,177 $505 $13,672
Source: Public Records

Agents Affiliated with this Home

  • Josh Hepner

    Seller's Agent in 2022

    Josh Hepner

    Keller Williams Somerset

    (248) 635-8178

    1 in this area

    89 Total Sales

    Section Image
  • Dyla Abbas

    Buyer's Agent in 2022

    Dyla Abbas

    Keller Williams Legacy

    (734) 258-0339

    1 in this area

    22 Total Sales

    Section Image
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Map

Source: Realcomp

MLS Number: 20221006585

Realcomp

APN: 08-009719

Michigan Wayne County Detroit 48238 Pilgrim Village

15500 Inverness St, Detroit, MI

This home is located at 15500 Inverness St, Detroit, MI 48238 since 20 June 2022 and is currently estimated at $88,086, approximately $40 per square foot. This property was built in 1925. 15500 Inverness St is a home located in Wayne County with nearby schools including Paul Robeson Malcolm X Academy, Charles L. Spain Elementary-Middle School, and Edward 'Duke' Ellington Conservatory of Music and Art.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
Copyright 2025 Realcomp II Ltd. Shareholders
IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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