NOT LISTED FOR SALE

Estimated Value: $51,000 - $145,000

4 Beds
2 Baths
2,044 Sq Ft
$46/Sq Ft Est. Value

Last Sold October 13, 2023

Last sale price $40,000 $20 Per Sq Ft

Est. 137% increase in value since last sale

Current estimated payment $600/month

2 Days on Market

About This Home

As of October 2023

Great Investment Opportunity. Brick, Multi-Family home has two units with 2 bedroom and 1 bath each. Property being sold as-is. Minimum $1,000 earnest money deposit required. No commission being paid to a Licensed Agent who is also the buyer on this transaction. Buyer to pay Listing Broker a $395 compliance fee at closing. Buyer to close with Seller's title company. BATVAI.

Last Agent to Sell the Property

Cheryl Williams

Community Choice Realty Inc License #6501280013 Listed on: 08/27/2023

Community Choice Realty Inc

Last Buyer's Agent

Unidentified Agent

Unidentified Office

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1929

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 36.00 x 106.00

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 2 Full Bathrooms
  • 2,044 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number W22I021111S

Community Details

Overview

  • 2 Units
  • Mills & Knebushs Burger Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Assessment: 340.00
  • Year Built: 1929
  • State Equalized Value: 26500.0000
  • 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: Unfinished
  • Sq Ft Combined: 2044
  • Total Sq Ft: 2044
  • Sq Ft Total Bsmt: 1000

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Poured
  • Frontage Feet: 36
  • Road Frontage Type: Paved

Utilities

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

Schools

  • School District: Detroit

Lot Info

  • Lot Size Area: 0.09
  • Lot Dimensions: 36.00 x 106.00
  • Parcel Number: W22I021111S
  • Zoning: Residential

Rental Info

  • Monthly Rental Income: 1200

Tax Info

  • Tax Amount Summer: 1243.0000
  • Tax Amount Winter: 140.0000
  • Total Tax: 1383.0000
  • Taxable Value: 14862.0000

Multi Family

  • Gross Scheduled Income: 28800.00
  • Number Of Units Total: 2
  • Number of Two Bedroom Units: 2

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 20, 2024
Sold by
Ward Corey
Bought by
Ward And Ward Llc
Current Estimated Value
$94,847

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,875
Outstanding Balance
$60,731
Interest Rate
6.66%
Mortgage Type
Construction
Estimated Equity
$34,116

Purchase Details

Listed on
Aug 27, 2023
Closed on
Oct 13, 2023
Sold by
Grin Holdings D Llc
Bought by
Ward Corey
Seller's Agent
Cheryl Williams
Community Choice Realty Inc
Buyer's Agent
Unidentified Agent
Unidentified Office
List Price
$46,000
Sold Price
$40,000
Premium/Discount to List
-$6,000
-13.04%
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
54.32%

Purchase Details

Closed on
Oct 16, 2017
Sold by
Sabree Eric R
Bought by
Grin Holdings D Llc

Purchase Details

Closed on
Nov 7, 2013
Sold by
Wayne County Treasurer
Bought by
I B Property Group Llc
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
Ward And Ward Llc -- Apollo Title
Ward And Ward Llc -- Apollo Title
Ward Corey $40,000 None Listed On Document
Grin Holdings D Llc $15,000 None Available
I B Property Group Llc $4,300 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ward And Ward Llc $61,875
Closed Ward And Ward Llc $61,875
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/13/2023 10/13/23 Sold $40,000 -13.0% $20 / Sq Ft
08/29/2023 08/29/23 Pending -- -- --
08/27/2023 08/27/23 For Sale $46,000 -- $23 / 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 $3,204 $47,200 $0 $0
2024 $3,204 $41,200 $0 $0
2023 $1,541 $33,700 $0 $0
2022 $1,639 $26,500 $0 $0
2021 $1,596 $20,800 $0 $0
2020 $1,664 $20,400 $0 $0
2019 $1,572 $16,300 $0 $0
2018 $1,387 $13,600 $0 $0
2017 $243 $12,800 $0 $0
2016 $1,378 $15,300 $0 $0
2015 $1,530 $15,300 $0 $0
2013 $1,687 $21,486 $0 $0
2010 -- $30,785 $736 $30,049
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20230072393

Realcomp

APN: 22-021111