NOT LISTED FOR SALE

16245 Princeton St Detroit, MI 48221

Martin Park Neighborhood

Estimated Value: $122,000 - $215,000

6 Beds
2 Baths
2,306 Sq Ft
$71/Sq Ft Est. Value

Last Sold May 16, 2014

Last sale price $23,000 $10 Per Sq Ft

Est. 616% increase in value since last sale

Current estimated payment $960/month

164 Days on Market

Highlights

  • Balcony
  • Porch
  • Ceiling Fan
  • Cass Technical High School Rated 10
  • Forced Air Heating System
  • Garage

About This Home

As of May 2014

BANK HAS APPROVED PURCHASE PRICE AT $23,000.00. OUTSTANDING INVESTMENT PROPERTY. THIS ALL BRICK 3 BEDROOM, 1 BATH SPACIOUS FORMAL LIVING W/NAT FIREPLACE, FORMAL DINING, UPDATED KITCHEN, UPPER AND LOWER LEVEL IN MOVE IN READY CONDITION ALSO HAS BALCONY, SPACIOUS YARD,2 CAR GARAGE. THIS IS A SHORT SALE. AS IS. BUYER TO PAY $995.00 PROCESSING FEE TO LIST OFFICE FOR MLS #213100179. BUYER TO PURCHASE CITY OF DETROIT INSPECTION AND SIGNING WAIVER PRIOR TO CLOSING.LISTING OFFICE TO HOLD EMD.

Last Agent to Sell the Property

Monique Carter

Temporary Inactive Users License #6502388097 Listed on: 09/27/2013

Last Buyer's Agent

Monique Carter

Temporary Inactive Users License #RCO-6502388097

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1927

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 35x112
  • Private Entrance
  • Fenced

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2 Full Bathrooms
  • 2,306 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Unfinished Basement

Parking

  • Garage
  • On-Street Parking

Outdoor Features

  • Balcony
  • Exterior Lighting
  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Sewer in Street
  • Cable TV Available

Community Details

  • 2 Units
  • Martin Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number W12I011101S

Property Details

Home Type

Multi-Family

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Assessment: YES
  • Year Built: 1927
  • Special Features: 12
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 2306

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: Fenced, Lighting, Private Entry
  • Porch Type: Balcony, Porch
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • MF Parking: Garages, On Street, Paved

Utilities

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

Lot Info

  • List Price per Acre: 255555.5556
  • Lot Size Area: 0.09
  • Lot Dimensions: 35X112
  • Parcel Number: W12I011101S
  • Zoning: Multi-Family
  • Homestead Percent: 0 Percent

Rental Info

  • Rent Includes: Water/Sewer

Tax Info

  • Tax Amount Summer: 1880.0000
  • Tax Amount Winter: 163.0000
  • Total Tax: 2043.0000

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2013
Closed on
May 16, 2014
Sold by
Whyte Donald A and Whyte Karen R
Bought by
Tangxiue Llc
Seller's Agent
Monique Carter
Temporary Inactive Users
Buyer's Agent
Monique Carter
Temporary Inactive Users
List Price
$19,500
Sold Price
$23,000
Premium/Discount to List
$3,500
17.95%
Current Estimated Value
$164,671

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,671
Avg. Annual Appreciation
18.74%

Purchase Details

Closed on
Oct 31, 1997
Sold by
Yelder L
Bought by
Houston Denise

Purchase Details

Closed on
Apr 24, 1996
Sold by
Linda L Yelder
Bought by
Dupard James W Miller and Dupard Lucy

Purchase Details

Closed on
Jul 21, 1994
Sold by
Ladelia Morris
Bought by
James A Murray
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
Tangxiue Llc $23,000 Devon Title Agency
Houston Denise $84,250 --
Dupard James W Miller $36,700 --
James A Murray $5,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/16/2014 05/16/14 Sold $23,000 +17.9% $10 / Sq Ft
03/10/2014 03/10/14 Pending -- -- --
09/27/2013 09/27/13 For Sale $19,500 -- $8 / 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 $1,175 $53,400 $0 $0
2024 $1,175 $44,600 $0 $0
2023 $1,141 $35,100 $0 $0
2022 $1,214 $28,800 $0 $0
2021 $1,182 $22,100 $0 $0
2020 $1,182 $19,000 $0 $0
2019 $1,264 $13,800 $0 $0
2018 $1,125 $12,600 $0 $0
2017 $189 $12,700 $0 $0
2016 $1,221 $23,500 $0 $0
2015 $1,168 $11,700 $0 $0
2013 $1,870 $18,696 $0 $0
2010 -- $25,950 $886 $25,064
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2014

    Monique Carter

    Temporary Inactive Users

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Map

Source: Realcomp

MLS Number: 213100179

Realcomp

APN: 12-011101

Michigan Wayne County Detroit 48221 Martin Park

16245 Princeton 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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