NOT LISTED FOR SALE

16153 Fairfield St Detroit, MI 48221

Martin Park Neighborhood

Estimated Value: $146,546 - $203,000

6 Beds
2.5 Baths
2,600 Sq Ft
$69/Sq Ft Est. Value

Last Sold March 01, 2017

Last sale price $21,000 $8 Per Sq Ft

Est. 749% increase in value since last sale

Current estimated payment $1,071/month

172 Days on Market

Highlights

  • Balcony
  • Porch
  • Baseboard Heating
  • Cass Technical High School Rated 10

About This Home

As of March 2017

Awesome opportunity for income property which backs up to U of D. Great for College Students since close to school or continue to rent locally. Two 2 bedroom units and 1 upper efficiency. Currently units are not occupied. Property recently vacated and boarded. Winterized. Separate basements and separate utilities except 1 water meter. Hardwood floors and traditional architecture. Sold AS IS. Buyer to pay to have dewinterized and winterized for inspections. Make us an offer we can't refuse.

Last Agent to Sell the Property

Edna Talon

KW Professionals License #6501331161 Listed on: 07/29/2016

KW Professionals

Last Buyer's Agent

Edna Talon

KW Professionals License #6501331161 Listed on: 07/29/2016

KW Professionals

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1927

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 35.00x130.00

Home Design

  • Triplex
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 2,600 Sq Ft Home
  • 3-Story Property
  • Unfinished Basement

Outdoor Features

  • Balcony
  • Porch

Utilities

  • Baseboard Heating
  • Gravity Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Sewer in Street

Community Details

  • 3 Units
  • Zoological Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number W12I012137S

Property Details

Home Type

Multi-Family

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Triplex, Upper/Lower Apartment
  • Architecture Level: 3 Story
  • Year Built: 1927
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 2600
  • Total Sq Ft: 2600
  • Sq Ft Total Bsmt: 650

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block
  • Porch Type: Balcony, Porch
  • Road Frontage Type: Paved, Pub. Sidewalk

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Baseboard, Gravity
  • Sewer: Sewer at Street
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 395000.0000
  • Lot Size Area: 0.10
  • Lot Dimensions: 35.00X130.00
  • Parcel Number: W12I012137S
  • Encroachment: Yes
  • Zoning: Multi-Family

Rental Info

  • Monthly Rental Income: 1350

Tax Info

  • Tax Amount Summer: 1549.0000
  • Tax Amount Winter: 146.0000
  • Total Tax: 1695.0000

Multi Family

  • Gross Scheduled Income: 16200.00
  • Number Of Units Total: 3
  • Number of Efficiency Units: 1
  • Number of Three Bedroom Units: 2

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2016
Closed on
Jan 31, 2017
Sold by
Full Spectrum Investment Llc
Bought by
Mcdubs Property Llc
Seller's Agent
Edna Talon
KW Professionals
Buyer's Agent
Edna Talon
KW Professionals
List Price
$39,500
Sold Price
$21,000
Premium/Discount to List
-$18,500
-46.84%
Current Estimated Value
$178,387

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,387
Avg. Annual Appreciation
27.99%

Purchase Details

Closed on
Dec 31, 2009
Sold by
Connor Morgan
Bought by
Full Spectrum Investments Llc

Purchase Details

Closed on
Oct 15, 2008
Sold by
Palmore Gregory
Bought by
Us Bank National Association

Purchase Details

Closed on
Oct 31, 2003
Sold by
Peterson Nellie
Bought by
Palmore Gregory
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
Mcdubs Property Llc $21,000 None Available
Full Spectrum Investments Llc -- None Available
Us Bank National Association $36,000 None Available
Palmore Gregory $100,000 Multiple
Peterson Nellie -- Multiple
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/01/2017 03/01/17 Sold $21,000 -46.8% $8 / Sq Ft
01/17/2017 01/17/17 Pending -- -- --
07/29/2016 07/29/16 For Sale $39,500 -- $15 / 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 $1,661 $74,200 $0 $0
2024 $1,661 $62,200 $0 $0
2023 $1,859 $48,900 $0 $0
2022 $1,983 $39,000 $0 $0
2021 $1,929 $29,900 $0 $0
2020 $1,928 $25,600 $0 $0
2019 $1,899 $18,700 $0 $0
2018 $1,664 $17,200 $0 $0
2017 $251 $17,300 $0 $0
2016 $1,505 $34,100 $0 $0
2015 $1,540 $15,400 $0 $0
2013 $1,741 $24,728 $0 $0
2010 -- $34,353 $845 $33,508
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2017

    Edna Talon

    KW Professionals

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Map

Source: Realcomp

MLS Number: 216077576

Realcomp

APN: 12-012137

Michigan Wayne County Detroit 48221 Martin Park

16153 Fairfield St, Detroit, MI

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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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