NOT LISTED FOR SALE

1583 Chestnut St Wyandotte, MI 48192

Estimated Value: $256,695 - $336,000

5 Beds
3 Baths
2,487 Sq Ft
$120/Sq Ft Est. Value

Last Sold May 22, 2023

Last sale price $155,000 $62 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $2,287/month

48 Days on Market

Highlights

  • Porch
  • Ceiling Fan
  • Fenced
  • Forced Air Heating System
  • 2 Car Garage

About This Home

As of May 2023

Amazing opportunity to purchase this multi-family property located on a corner lot in Wyandotte! With better location than a Bruce Lee high kick and more potential than when I got cut from my 8th grade basketball team...1583 Chestnut St clamors to be seen! The front home is a duplex style layout (lower/upper)both of which are currently rented by fantastic tenants. The unit in the back (2825 17th St) has 2 beds, a full bath and a ginormous garage next to it. If Bill & Ted described the location....the adjective they'd use would be "EXCELLENT!" Near parks & downtown Wyandotte. Fantastic investment opportunity! Schedule your showing today!

Last Agent to Sell the Property

Drew Cheetwood

Social House Real Estate Group LLC License #6501399470 Listed on: 01/13/2023

Last Buyer's Agent

Michael Bardoni

Downriver Real Estate Group License #6501406868

Downriver Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1935

Lot Details

  • Lot Dimensions are 63x142
  • Fenced

Parking

  • 2 Car Garage

Home Design

  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 3 Full Bathrooms
  • 2,487 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Crawl Space

Outdoor Features

  • Exterior Lighting
  • Porch

Location

  • Ground Level

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 57017150020000

Community Details

Overview

  • 3 Units
  • Dewey Place Sub Subdivision

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,816

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: 1/2 Duplex with Land
  • Architecture Level: 1 1/2 Story
  • Year Built: 1935
  • State Equalized Value: 119300.0000
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Call
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Sq Ft Combined: 2487
  • Total Sq Ft: 2487

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Crawl
  • Construction Materials: Aluminum
  • Exterior Features: Lighting, Fenced
  • Foundation Materials: Block
  • Frontage Feet: 63
  • Porch Type: Porch
  • Road Frontage Type: Paved
  • Sideof Street: S

Garage/Parking

  • Garage: Yes
  • Total Parking Spaces: 2

Utilities

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

Schools

  • School District: Wyandotte

Lot Info

  • Lot Dimensions: 63x142
  • Parcel Number: 57017150020000
  • Zoning: Multi-Family

Rental Info

  • Monthly Rental Income: 2270

Tax Info

  • Tax Amount Summer: 2840.0000
  • Tax Amount Winter: 976.0000
  • Total Tax: 3816.0000
  • Taxable Value: 53156.0000

Multi Family

  • Gross Scheduled Income: 27240.00
  • Number Of Units Total: 3
  • Unit Count: 3
  • Number of One Bedroom Units: 1
  • Number of Two Bedroom Units: 2
  • Number Of Units Leased: 2

MLS Schools

  • School District: Wyandotte

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 25, 2002
Sold by
Doyle Thomas P
Bought by
Doyle Properties Inc
Current Estimated Value
$299,174
Source: Public Records

Range of Values:

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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
Doyle Properties Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Doyle Properties Ii Inc $100,000
Closed Doyle Properties Inc $6,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2023 05/22/23 Sold $155,000 -3.1% $62 / Sq Ft
03/02/2023 03/02/23 Pending -- -- --
02/20/2023 02/20/23 Price Changed $160,000 -15.8% $64 / Sq Ft
01/13/2023 01/13/23 For Sale $190,000 -- $76 / 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 $7,915 $155,700 $0 $0
2024 $7,915 $148,300 $0 $0
2023 $2,982 $133,200 $0 $0
2022 $3,833 $119,300 $0 $0
2021 $3,745 $111,400 $0 $0
2020 $3,693 $99,400 $0 $0
2019 $3,638 $92,500 $0 $0
2018 $2,623 $59,000 $0 $0
2017 $1,821 $59,000 $0 $0
2016 $3,496 $53,600 $0 $0
2015 $4,707 $49,800 $0 $0
2013 $4,560 $45,600 $0 $0
2012 $2,645 $47,000 $10,700 $36,300
Source: Public Records

Agents Affiliated with this Home

  • Drew Cheetwood

    Seller's Agent in 2023

    Drew Cheetwood

    Social House Real Estate Group LLC

    (248) 828-5640

    14 in this area

    101 Total Sales

    Drew Cheetwood
    Section Image

  • M

    Buyer's Agent in 2023

    Michael Bardoni

    Downriver Real Estate Group

    Section Image
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Map

Source: Realcomp

MLS Number: 20230003264

Realcomp

APN: 57-017-15-0020-000

Michigan Wayne County Wyandotte 48192

1583 Chestnut St, Wyandotte, MI

This home is located at 1583 Chestnut St, Wyandotte, MI 48192 since 13 January 2023 and is currently estimated at $299,174, approximately $120 per square foot. This property was built in 1935. 1583 Chestnut St is a home located in Wayne County with nearby schools including Washington Elementary School, Woodrow Wilson School, and Roosevelt High School.

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
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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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