NOT LISTED FOR SALE

Estimated Value: $55,000 - $196,000

6 Beds
2 Baths
2,484 Sq Ft
$41/Sq Ft Est. Value

Last Sold October 08, 2020

Last sale price $50,000 $20 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $617/month

195 Days on Market

About This Home

As of October 2020

Investment opportunity on Detroit's up and coming Lower East Side! Recently occupied upper / lower is cleaned out and ready for restoration! Close proximity to West Village, Indian Village, Jefferson Ave, and the multibillion dollar FCA expansion.

Last Agent to Sell the Property

Ben Ness

Clyde Realty LLC License #6501394137 Listed on: 03/04/2020

Last Buyer's Agent

Alex Lauer

Clyde Realty LLC License #RCO-6501387117

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1909

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 28.00x104.00

Home Design

  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • 2 Full Bathrooms
  • 2,484 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 W21I038491S

Community Details

Overview

  • 2 Units
  • Aberles Sub Of 6 & 7 Of E 1/2 Pc 725 Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$491

Year Built

Built in 1909

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Upper/Lower Apartment
  • Architecture Level: 3 Story
  • Year Built: 1909
  • State Equalized Value: 9300.0000
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 2484
  • Total Sq Ft: 2484
  • Sq Ft Total Bsmt: 500

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Brick/Mortar
  • Road Frontage Type: Paved

Utilities

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

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 770000.0000
  • Lot Size Area: 0.07
  • Lot Dimensions: 28.00X104.00
  • Parcel Number: W21I038491S
  • Zoning: Multi-Family
  • Percent Homestead Exempt: Yes

Tax Info

  • Tax Amount Summer: 473.0000
  • Tax Amount Winter: 18.0000
  • Total Tax: 491.0000
  • Taxable Value: 1898.0000

Multi Family

  • Number Of Units Total: 2
  • Unit Count: 1
  • Number of Three Bedroom Units: 2

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2020
Closed on
Sep 14, 2020
Sold by
Zitadelle Properties Incorporated
Bought by
Viau Alexis
Seller's Agent
Ben Ness
Clyde Realty LLC
Buyer's Agent
Alex Lauer
Clyde Realty LLC
List Price
$59,900
Sold Price
$50,000
Premium/Discount to List
-$9,900
-16.53%
Current Estimated Value
$103,008

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,008
Avg. Annual Appreciation
10.08%
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
Viau Alexis $50,000 Ata National Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2020 10/08/20 Sold $50,000 -7.2% $20 / Sq Ft
09/15/2020 09/15/20 Pending -- -- --
07/24/2020 07/24/20 Price Changed $53,900 -1.8% $22 / Sq Ft
07/14/2020 07/14/20 Price Changed $54,900 -4.5% $22 / Sq Ft
07/06/2020 07/06/20 Price Changed $57,500 -0.7% $23 / Sq Ft
06/19/2020 06/19/20 Price Changed $57,900 -1.0% $23 / Sq Ft
05/26/2020 05/26/20 Price Changed $58,500 -2.3% $24 / Sq Ft
03/04/2020 03/04/20 For Sale $59,900 -- $24 / 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 $820 $31,900 $0 $0
2024 $820 $26,400 $0 $0
2023 $1,040 $19,900 $0 $0
2022 $1,123 $15,300 $0 $0
2021 $1,299 $10,800 $0 $0
2020 $511 $10,300 $0 $0
2019 $491 $9,300 $0 $0
2018 $466 $9,500 $0 $0
2017 $34 $10,000 $0 $0
2016 $484 $1,900 $0 $0
2015 $190 $1,900 $0 $0
2013 $210 $2,101 $0 $0
2010 -- $3,080 $261 $2,819
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2200017779

Realcomp

APN: 21-038491