NOT LISTED FOR SALE

15771 Tracey St Detroit, MI 48227

Bethune Community Neighborhood

Estimated Value: $110,000 - $125,000

4 Beds
2 Baths
1,600 Sq Ft
$75/Sq Ft Est. Value

Last Sold November 07, 2022

Last sale price $105,000 $66 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $836/month

191 Days on Market

Highlights

  • Porch
  • Security System Owned
  • Ceiling Fan
  • Cass Technical High School Rated 10
  • Forced Air Heating System
  • Fenced

About This Home

As of November 2022

Looking for an investment property? This 2-family flat/duplex includes paying tenants on a month to month lease that would prefer to stay. The tenants have a great relationship with each other as well. The property features natural hardwood floors in the living room and dining rooms of both units. The upper unit has a walkout porch to the backyard and the lower unit has beautiful french doors in the living room. Each unit has their own large storage room in the clean basement. Common areas for tenants are the foyer, front porch, basement, driveway and backyard. Tenant in lower unit paying $700/mth on the 7th of every month, and upper unit pays $675/mth on the 14th of every month. Proof of rent payments are available to review. Information is deemed reliable but is not guaranteed. Showings M,W,F 6-9pm or Saturdays and Sundays...for exceptions to showing times please reach out.

Last Agent to Sell the Property

Patrice Henderson

Max Broock Realtors License #6501397234 Listed on: 04/07/2022

Max Broock Realtors

Last Buyer's Agent

LaQua Loyd

Exit United Realty Professionals License #RCO-6501388276

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1928

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 35.00x112.00
  • Fenced

Home Design

  • Duplex
  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2 Full Bathrooms
  • 1,600 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Unfinished Basement

Home Security

  • Security System Owned
  • Carbon Monoxide Detectors

Outdoor Features

  • Porch

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number W22I031863S
  • $400 Seller Concession

Community Details

Overview

  • 2 Units
  • Groveland Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$620

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 2 Story
  • Year Built: 1928
  • State Equalized Value: 16200.0000
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Carbon Monoxide Alarm(s), Security Alarm (owned)
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 1600

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Exterior Features: Fenced
  • Foundation Materials: Block
  • Porch Type: Porch
  • Road Frontage Type: Paved

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Wall Unit(s)
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)

Lot Info

  • Lot Size Area: 0.09
  • Lot Dimensions: 35.00X112.00
  • Parcel Number: W22I031863S
  • Zoning: Multi-Family

Rental Info

  • Rent Includes: Water/Sewer, Water
  • Monthly Rental Income: 1375

Tax Info

  • Tax Amount Summer: 579.0000
  • Tax Amount Winter: 41.0000
  • Total Tax: 620.0000
  • Taxable Value: 4358.0000

Multi Family

  • Gross Scheduled Income: 15000.00
  • Number Of Units Total: 2

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 11, 2024
Sold by
Henlin Kamar
Bought by
Henlin Holdings Llc
Current Estimated Value
$120,556

Purchase Details

Listed on
Apr 7, 2022
Closed on
Nov 7, 2022
Sold by
Drain Johnnie
Bought by
Henlin Kamar
Seller's Agent
Patrice Henderson
Max Broock Realtors
Buyer's Agent
LaQua Loyd
Exit United Realty Professionals
List Price
$139,000
Sold Price
$105,000
Premium/Discount to List
-$34,000
-24.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.75%
Original Mortgage
$78,750
Interest Rate
6.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 28, 2003
Sold by
Manufacturers & Traders Trust Co
Bought by
Hood Johnnie

Purchase Details

Closed on
Oct 16, 2002
Sold by
Thurman Joseph
Bought by
Manufacturers & Traders Trust Co
Source: Public Records

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
Henlin Holdings Llc -- None Listed On Document
Henlin Kamar $105,000 --
Hood Johnnie $25,000 Attorneys Title Agency Llc
Manufacturers & Traders Trust Co $37,202 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Henlin Kamar $78,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/07/2022 11/07/22 Sold $105,000 -4.5% $66 / Sq Ft
10/16/2022 10/16/22 Pending -- -- --
07/19/2022 07/19/22 Price Changed $110,000 -7.6% $69 / Sq Ft
06/15/2022 06/15/22 Price Changed $119,000 -7.8% $74 / Sq Ft
05/11/2022 05/11/22 Price Changed $129,000 -7.2% $81 / Sq Ft
04/07/2022 04/07/22 For Sale $139,000 -- $87 / 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 $2,457 $39,400 $0 $0
2024 $2,457 $34,100 $0 $0
2023 $604 $27,900 $0 $0
2022 $633 $20,900 $0 $0
2021 $620 $16,200 $0 $0
2020 $620 $15,900 $0 $0
2019 $613 $12,300 $0 $0
2018 $657 $10,200 $0 $0
2017 $76 $10,200 $0 $0
2016 $696 $4,700 $0 $0
2015 $470 $4,700 $0 $0
2013 $582 $5,823 $0 $0
2010 -- $8,343 $654 $7,689
Source: Public Records

Agents Affiliated with this Home

  • Patrice Henderson

    Seller's Agent in 2022

    Patrice Henderson

    Max Broock Realtors

    (248) 780-2521

    1 in this area

    91 Total Sales

    Patrice Henderson
    Section Image
  • LaQua Loyd

    Buyer's Agent in 2022

    LaQua Loyd

    Exit United Realty Professionals

    (248) 686-6414

    1 in this area

    37 Total Sales

    LaQua Loyd
    Section Image
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Map

Source: Realcomp

MLS Number: 2220024397

Realcomp

APN: 22-031863

Michigan Wayne County Detroit 48227 Bethune Community

15771 Tracey St, Detroit, MI

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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