NOT LISTED FOR SALE

16177 Princeton St Detroit, MI 48221

Martin Park Neighborhood

Estimated Value: $150,000 - $167,970

3 Beds
2.5 Baths
1,500 Sq Ft
$106/Sq Ft Est. Value

Last Sold April 24, 2019

Last sale price $82,000 $55 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $990/month

16 Days on Market

Highlights

  • Deck
  • Porch
  • Garage
  • Cass Technical High School Rated 10
  • Heating system powered by renewable energy
  • ENERGY STAR Qualified Water Heater

About This Home

As of April 2019

Great Price for this beautiful 2 unit home in the Martin Park neighborhood, adjacent to University of Detroit Mercy and south of the historic University District neighborhood. Homes has sold for over $120k in this neighborhood. Great chance to own this home for homeowners and investors. For homeowners you can take advantage of the $15,000 MSHDA grant for this neighborhood (please talk to your local loan officer for details). The renovations includes new 5 burner furnace, 50 gallon hot water heater, upstairs and downstairs porch deck, new 1/2 bathroom build out in basement, updated basement floor, updated pluming, reconditioned floors in upstairs unit, renovated upstairs kitchen, etc. All measurement are not verified. Listing agent is owner. Showing will start on February 1st. Please contact the listing agent if you have any questions or concerns prior to showing date.

Last Agent to Sell the Property

Charles Micheaux

Immense Realty Group, LLC License #6501373898 Listed on: 01/22/2019

Last Buyer's Agent

Alicia Beasley

Keller Williams Realty Great Lakes License #6501411726

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1927

Lot Details

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

Parking

  • Garage

Home Design

  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 1,500 Sq Ft Home
  • 1.5-Story Property
  • Partially Finished Basement

Outdoor Features

  • Deck
  • Porch

Utilities

  • Heating system powered by renewable energy
  • Heating System Uses Natural Gas
  • ENERGY STAR Qualified Water Heater
  • Sewer in Street

Community Details

  • 2 Units
  • Martin Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number W12I011111S

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,115

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Level: 1 1/2 Story
  • Assessment: 240
  • Year Built: 1927
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Partially Finished
  • Sq Ft Combined: 2000
  • Sq Ft Lower Floor: 500
  • Total Sq Ft: 1500
  • Sq Ft Total Bsmt: 1000

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block
  • Porch Type: Deck, Porch
  • Road Frontage Type: Paved

Garage/Parking

  • MF Parking: Garages

Utilities

  • Heating Fuel: Natural Gas
  • Heating: ENERGY STAR® Qualified Furnace Equipment
  • Sewer: Sewer at Street
  • Water Heater Fuel: ENERGY STAR® Qualified Water Heater
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 944444.4444
  • Lot Size Area: 0.09
  • Lot Dimensions: 35.00X112.00
  • Parcel Number: W12I011111S
  • Zoning: Multi-Family

Tax Info

  • Tax Amount Summer: 1110.0000
  • Tax Amount Winter: 5.0000
  • Total Tax: 1115.0000

Multi Family

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

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2019
Closed on
Apr 24, 2019
Sold by
Solidarity Investments Grooup Llc
Bought by
Witcham Marlon
Seller's Agent
Charles Micheaux
Immense Realty Group, LLC
Buyer's Agent
Alicia Beasley
Keller Williams Realty Great Lakes
List Price
$85,000
Sold Price
$82,000
Premium/Discount to List
-$3,000
-3.53%
Current Estimated Value
$158,993

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,993
Avg. Annual Appreciation
10.12%
Original Mortgage
$80,514
Outstanding Balance
$73,425
Interest Rate
5.75%
Mortgage Type
FHA
Estimated Equity
$77,707

Purchase Details

Closed on
Feb 7, 2018
Sold by
Mitchell Pastor Charles
Bought by
Thomas Lamar C

Purchase Details

Closed on
Jan 1, 2018
Sold by
Hogan Kenneth D and Manna Development Corporation
Bought by
Theres Hope Ministries

Purchase Details

Closed on
Sep 1, 2015
Sold by
Jpmorgan Chase Bank National Association
Bought by
Manna Development Corporation

Purchase Details

Closed on
Oct 23, 2014
Sold by
Hatcher Andre L
Bought by
Jpmorgan Chase Bank National Association

Purchase Details

Closed on
Oct 20, 2008
Sold by
Wachovia Bank Na
Bought by
Us Bank National Association

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$23,687
Interest Rate
6.3%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 7, 2007
Sold by
Sanders Carnell and Sanders Sonya R
Bought by
Wachovia Bank Na

Purchase Details

Closed on
Apr 11, 2003
Sold by
Neal Charles Albert
Bought by
Sanders Carnell
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
Witcham Marlon $82,000 None Available
Solidarity Investments Group Llc -- None Available
Thomas Lamar C $500 None Available
Theres Hope Ministries -- None Available
Manna Development Corporation -- Attorney
Jpmorgan Chase Bank National Association $7,875 None Available
Us Bank National Association -- Parks Title
Wachovia Bank Na $63,000 None Available
Sanders Carnell $69,000 Devon Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Witcham Marlon $4,693
Open Witcham Marlon $18,877
Open Witcham Marlon $80,514
Previous Owner Hatcher Andre L $23,687
Previous Owner Sanders Carnell $81,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2019 04/24/19 Sold $82,000 -3.5% $55 / Sq Ft
02/07/2019 02/07/19 Pending -- -- --
01/22/2019 01/22/19 For Sale $85,000 -- $57 / 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 $1,474 $52,400 $0 $0
2024 $1,474 $43,800 $0 $0
2023 $1,190 $34,400 $0 $0
2022 $1,571 $27,500 $0 $0
2021 $1,290 $21,100 $0 $0
2020 $1,513 $18,100 $0 $0
2019 $1,810 $13,200 $0 $0
2018 $1,110 $11,300 $0 $0
2017 $9 $500 $0 $0
2016 $420 $22,800 $0 $0
2015 $90 $900 $0 $0
2013 $89 $887 $0 $0
2010 -- $887 $886 $1
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2019

    Charles Micheaux

    Immense Realty Group, LLC

    (313) 220-4550

    19 Total Sales

    Charles Micheaux
    Section Image

  • A

    Buyer's Agent in 2019

    Alicia Beasley

    Keller Williams Realty Great Lakes

    (313) 334-2130

    35 Total Sales

    Alicia Beasley
    Section Image
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Map

Source: Realcomp

MLS Number: 219007197

Realcomp

APN: 12-011111

Michigan Wayne County Detroit 48221 Martin Park

16177 Princeton St, Detroit, MI

This home is located at 16177 Princeton St, Detroit, MI 48221 since 22 January 2019 and is currently estimated at $158,993, approximately $105 per square foot. This property was built in 1927. 16177 Princeton St is a home located in Wayne County with nearby schools including Paul Robeson Malcolm X Academy, Charles L. Spain Elementary-Middle School, and Edward 'Duke' Ellington Conservatory of Music and Art.

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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