NOT LISTED FOR SALE

Estimated Value: $167,618

14 Beds
14 Baths
9,201 Sq Ft
$18/Sq Ft Est. Value

Last Sold September 16, 2019

Last sale price $95,000 $10 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $1,107/month

11 Days on Market

Highlights

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

About This Home

As of September 2019

Rare opportunity to find an apartment building in this immediate area. The subject property is a 9,201 SF 3 story rectangular shaped 14 unit apartment building. No onsite parking. The entire building is in need of extensive interior & exterior renovations, not limited to: roof, windows, masonry, structural, plumbing, HVAC, flooring, kitchens, fixtures, bathrooms, etc. This is a down to the stud renovation project. The interior stair cases have been removed from the building. Show at your own risk. Accepted offers will be subject to a 5% buyer's premium, in addition to the EMD to be held with the auction company or title company of seller's choice. As-Is; Where-Is Sale. Buyer to verify all information, not limited to room sizes, zoning, environmental, structural and municipality requirements. All offers must have Proof of Funds to be considered. Contact agent regarding upcoming auction dates and offer instructions.

Last Listed By

James Bufalino

Premier Property Services LLC License #6501313711 Listed on: 08/01/2019

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1929 | Remodeled in 1980

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 60.00 x 71.90

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction
  • Brick Foundation
  • Block Foundation
  • Rubber Roof
  • Masonry

Interior Spaces

  • 14 Full Bathrooms
  • 9,201 Sq Ft Home
  • 3-Story Property
  • Unfinished Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number W21I001441S
  • $16,000 Seller Concession

Community Details

Overview

  • 14 Units
  • Arthur J Scullys Rifle Range Sub Subdivision

Amenities

  • Lobby

Property Details

Home Type

Multi-Family

Year Built

Built in 1929 | Remodeled in 1980

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Common Entry Building
  • Architecture Level: 3 Story
  • Year Built: 1929
  • Year Renovated: 1980
  • Special Features: 84
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Total Bathrooms: 14.00
  • Full Bathrooms: 14
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 12268
  • Sq Ft Lower Floor: 3067
  • Total Sq Ft: 9201
  • Sq Ft Total Bsmt: 3067

Exterior Features

  • Roof Material: Rubber
  • Foundation Details: Basement
  • Construction Materials: Block/Concrete/Masonry, Brick
  • Foundation Materials: Block, Brick/Mortar
  • Frontage Feet: 60
  • Road Frontage Type: Paved

Garage/Parking

  • MF Parking: On Street

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Sewer at Street
  • Water Source: Water at Street
  • Laundry Facilities: No

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 300000.0000
  • Lot Size Area: 0.10
  • Lot Dimensions: 60.00 X 71.90
  • Parcel Number: W21I001441S
  • Zone Conform: Yes
  • Zoning: Multi-Family

Tax Info

  • Tax Amount Summer: 5521.0000
  • Tax Amount Winter: 668.0000
  • Total Tax: 6189.0000

Multi Family

  • Number Of Units Total: 14
  • Unit Count: 1
  • Number of One Bedroom Units: 14

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2019
Closed on
Sep 16, 2019
Sold by
Dynamic Development Services Llc
Bought by
Mach Family Trust
Seller's Agent
James Bufalino
Premier Property Services LLC
Buyer's Agent
James Bufalino
Premier Property Services LLC
List Price
$30,000
Sold Price
$95,000
Premium/Discount to List
$65,000
216.67%
Total Days on Market
11
Current Estimated Value
$167,618

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,618

Purchase Details

Listed on
Aug 1, 2019
Closed on
Aug 27, 2019
Sold by
Bayview Loans Servicing Llc
Bought by
Dynamic Development Services Llc
Seller's Agent
James Bufalino
Premier Property Services LLC
Buyer's Agent
James Bufalino
Premier Property Services LLC
List Price
$30,000
Sold Price
$95,000
Premium/Discount to List
$65,000
216.67%

Purchase Details

Closed on
Jan 10, 2019
Sold by
Navarra Feisel A
Bought by
Bayview Loan Servicing Llc

Purchase Details

Closed on
Dec 30, 2004
Sold by
Johannsen Ronald and The Ronald Johannsen Revocable
Bought by
Navarra Feisal A

Range of Values:

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Average Value
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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
Mach Family Trust $110,000 Visionary Title Agency Llc
Dynamic Development Services Llc $32,500 Fidelity Land Title Agency
Bayview Loan Servicing Llc $110,000 None Available
Navarra Feisal A $212,000 Minnesota Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Navarra Feisal A $234,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2019 09/16/19 Sold $95,000 +216.7% $10 / Sq Ft
08/12/2019 08/12/19 Pending -- -- --
08/01/2019 08/01/19 For Sale $30,000 -- $3 / 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
2024 $8,104 $197,500 $0 $0
2023 $7,891 $164,500 $0 $0
2022 $8,525 $142,000 $0 $0
2021 $8,809 $93,300 $0 $0
2020 $9,684 $108,300 $0 $0
2019 $6,841 $179,800 $0 $0
2018 $5,521 $83,400 $0 $0
2017 $1,308 $77,900 $0 $0
2016 $6,181 $76,700 $0 $0
2015 $6,815 $76,700 $0 $0
2013 $6,602 $76,688 $0 $0
2010 -- $82,590 $4,174 $78,416
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 219075129

Realcomp

APN: 21-001441