NOT LISTED FOR SALE

16411 E 10 Mile Rd Eastpointe, MI 48021

Eastpointe Area
32 Beds
16 Baths
15,136 Sq Ft
0.66 Acre Lot

Sale Details

Date Sold: January 10, 2025

Last sale price $1,350,000 $89 Per Sq Ft

19 Days on Market

About This Home

As of January 2025

This is a CLEAN & EXCEPTIONALLY maintained performing 16 unit. All 2/1"s / Slab / Parking lots (2 spots per unit) 3-Tab roof is approx 10 years old, 10 HVAC's are new (Gas forced air and AC in each unit) all electrical meters (exterior) have been replaced. Separate meters for Gas & Electric.The buildings are registered and compliant with the city. They are classified as 1 parcel. FOR THOSE OF YOU WHO WANT an "ADD VALUE" opportunity without spending on CAP X? This is it. *No showings without POF.

Last Agent to Sell the Property

Lisa Debs

Tower Real Estate License #6501317042 Listed on: 12/03/2024

Last Buyer's Agent

Lisa Debs

Tower Real Estate License #6501317042 Listed on: 12/03/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1987

Lot Details

  • 28,750 Sq Ft Lot
  • Lot Dimensions are 150 x 50

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 16 Full Bathrooms
  • 15,136 Sq Ft Home
  • 2-Story Property

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • 16 Units
  • Packard Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1419460005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$21,759

Year Built

Built in 1987

Lot Details

0.66 Acres

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Common Entry Building
  • Architecture Level: 2 Story
  • Assessment: 41.00
  • Year Built: 1987
  • State Equalized Value: 584900.0000
  • Pets Allowed: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 16.00
  • Full Bathrooms: 16
  • Total Sq Ft: 15136

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Slab
  • Construction Materials: Brick, Vinyl
  • Road Frontage Type: Paved

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)

Fee Information

  • Operating Expense: 28000.00

Lot Info

  • Lot Size Area: 0.66
  • Lot Dimensions: 150 x 50
  • Parcel Number: 1419460005
  • Zone Conform: Yes
  • Zoning: Commercial

Rental Info

  • Rent Includes: Water/Sewer, Snow Removal, Trash Collection (Garbage Pickup), Water, Yard Maintenance
  • Monthly Rental Income: 9150

Tax Info

  • Tax Amount Summer: 21040.0000
  • Tax Amount Winter: 719.0000
  • Total Tax: 21759.0000
  • Taxable Value: 277567.0000

Multi Family

  • Gross Scheduled Income: 110000.00
  • Number Of Units Total: 16

MLS Schools

  • School District: Eastpointe Community Schools

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2024
Closed on
Jan 10, 2025
Sold by
Bought by
Seller's Agent
Lisa Debs
Tower Real Estate
Buyer's Agent
Lisa Debs
Tower Real Estate
List Price
$1,400,000
Sold Price
$1,350,000
Premium/Discount to List
-$50,000
-3.57%
Views
10
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,350,000 None Listed On Document
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $950,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/10/2025 01/10/25 Sold $1,350,000 -3.6% $89 / Sq Ft
12/22/2024 12/22/24 Pending -- -- --
12/03/2024 12/03/24 For Sale $1,400,000 -- $92 / Sq Ft
Source: Realcomp

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $22,123 $584,900 $0 $0
2025 $21,648 $584,900 $0 $0
2024 $210 $584,900 $0 $0
2023 $20,432 $491,900 $0 $0
2022 $20,552 $453,900 $0 $0
2021 $20,222 $433,400 $0 $0
2020 $19,481 $414,200 $0 $0
2019 $19,720 $401,700 $0 $0
2018 $19,859 $295,250 $0 $0
2017 $18,558 $291,230 $50,130 $241,100
2016 $18,440 $291,230 $0 $0
2015 $14,670 $267,810 $0 $0
2013 -- $215,970 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20240090013

Realcomp
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