NOT LISTED FOR SALE

1642 Hazelwood St Detroit, MI 48206

Virginia Park Community Neighborhood

Estimated Value: $102,000 - $187,000

3 Beds
3 Baths
2,532 Sq Ft
$58/Sq Ft Est. Value

Last Sold March 08, 2024

Last sale price $138,000 $55 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $902/month

14 Days on Market

Highlights

  • Forced Air Heating System
  • Cass Technical High School Rated 10
  • 5-minute walk to Gordon Park

About This Home

As of March 2024

Partially Renovated Duplex in Virginia Park Neighborhood located within close proximity to Henry Ford Hospital, Wayne State University, Detroit Medical Center, Midtown & Downtown Detroit. Great investment opportunity! Lower Level Unit features 3 Bedrooms, and Upper Level Unit features 4 Bedrooms. Interior features include New Windows, New Kitchen Countertops & Cabinets. As-Is Sale. BATVAI.

Last Agent to Sell the Property

Kevin Wobbe

@properties Christie's Int'l R.E. Detroit License #6501330888 Listed on: 02/16/2024

@properties Christie's Int'l R.E. Detroit

Last Buyer's Agent

Sean Franulic

License #6501385069

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1919

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 35.00 x 127.00

Home Design

  • Duplex
  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • 3 Full Bathrooms
  • 2,532 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 W08I002560S

Community Details

Overview

  • 2 Units
  • Stotts Sub Subdivision

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,387

Year Built

Built in 1919

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 3 Story
  • Assessment: 340.00
  • Year Built: 1919
  • State Equalized Value: 21900.0000
  • Pets Allowed: Call
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 2532
  • Total Sq Ft: 2532
  • Sq Ft Total Bsmt: 1253

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)

Schools

  • School District: Detroit

Lot Info

  • Lot Size Area: 0.10
  • Lot Dimensions: 35.00 x 127.00
  • Parcel Number: W08I002560S
  • Zoning: Multi-Family

Rental Info

  • Monthly Rental Income: 2500

Tax Info

  • Tax Amount Summer: 1250.0000
  • Tax Amount Winter: 137.0000
  • Total Tax: 1387.0000
  • Taxable Value: 14978.0000

Multi Family

  • Gross Scheduled Income: 30000.00
  • Number Of Units Total: 2
  • Unit Count: 2
  • Number of Four Bedroom Units: 1
  • Number of Three Bedroom Units: 1

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2024
Closed on
Mar 8, 2024
Sold by
1642 Hazelwood Llc
Bought by
Nest Llc
Seller's Agent
Kevin Wobbe
@properties Christie's Int'l R.E. Detroit
Buyer's Agent
Sean Franulic
List Price
$135,000
Sold Price
$138,000
Premium/Discount to List
$3,000
2.22%
Views
34
Current Estimated Value
$146,095

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,095
Avg. Annual Appreciation
3.10%

Purchase Details

Closed on
Oct 13, 2020
Sold by
Martin Michael
Bought by
1642 Hazelwood Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jul 28, 2020
Sold by
Marlin Michael
Bought by
1642 Hazelwood Llc

Purchase Details

Listed on
Apr 9, 2019
Closed on
May 28, 2019
Sold by
Marvin Ii Llc
Bought by
Martin Michael
Seller's Agent
Armando Alvarez
Las Casas Real Estate LLC
Buyer's Agent
John Pickell
RE/MAX Classic
List Price
$49,900
Sold Price
$40,000
Premium/Discount to List
-$9,900
-19.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.62%

Purchase Details

Listed on
Jan 31, 2018
Closed on
May 14, 2018
Sold by
Keystone Fund Llc
Bought by
Marvin Ii Llc
Seller's Agent
David Daweood
Detroit Progress Realty LLC
Buyer's Agent
David Daweood
Detroit Progress Realty LLC
List Price
$48,000
Sold Price
$35,000
Premium/Discount to List
-$13,000
-27.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.43%

Purchase Details

Closed on
Oct 16, 2017
Sold by
Sabree Eric R
Bought by
Keystone Fund Llc
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
Nest Llc $138,000 Ata National Title
Nest Llc $138,000 Ata National Title
1642 Hazelwood Llc -- First American Title Ins Co
1642 Hazelwood Llc -- First American Title
1642 Hazelwood Llc -- First American Title Ins Co
1642 Hazelwood Llc -- First American Title
1642 Hazelwood Llc -- Speedy T&E Svcs Llc
1642 Hazelwood Llc -- Speedy T&E Svcs Llc
Martin Michael $40,000 First American Title Ins Co
Martin Michael $40,000 First American Title Ins Co
Marvin Ii Llc $35,000 Title Connect Llc
Marvin Ii Llc $35,000 Title Connect Llc
Keystone Fund Llc $7,700 None Available
Keystone Fund Llc $7,700 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nest Llc $168,750
Previous Owner 1642 Hazelwood Llc $185,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2024 03/08/24 Sold $138,000 +2.2% $55 / Sq Ft
03/01/2024 03/01/24 Pending -- -- --
02/16/2024 02/16/24 For Sale $135,000 +237.5% $53 / Sq Ft
05/28/2019 05/28/19 Sold $40,000 -19.8% $16 / Sq Ft
04/23/2019 04/23/19 Pending -- -- --
04/09/2019 04/09/19 For Sale $49,900 +42.6% $20 / Sq Ft
05/07/2018 05/07/18 Sold $35,000 -27.1% $14 / Sq Ft
04/06/2018 04/06/18 Pending -- -- --
01/31/2018 01/31/18 For Sale $48,000 -- $19 / 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 $1,344 $39,600 $0 $0
2024 $1,344 $32,800 $0 $0
2023 $1,551 $25,900 $0 $0
2022 $1,649 $21,900 $0 $0
2021 $1,606 $16,300 $0 $0
2020 $1,605 $14,300 $0 $0
2019 $1,305 $10,900 $0 $0
2018 $1,008 $8,700 $0 $0
2017 $161 $8,500 $0 $0
2016 $1,144 $37,800 $0 $0
2015 $901 $11,500 $0 $0
2013 $873 $15,990 $0 $0
2010 -- $22,910 $610 $22,300
Source: Public Records

Agents Affiliated with this Home

  • Kevin Wobbe

    Seller's Agent in 2024

    Kevin Wobbe

    @properties Christie's Int'l R.E. Detroit

    (313) 550-4798

    1 in this area

    40 Total Sales

    Kevin Wobbe
    Section Image

  • S

    Buyer's Agent in 2024

    Sean Franulic

    Section Image
  • Armando Alvarez

    Seller's Agent in 2019

    Armando Alvarez

    Las Casas Real Estate LLC

    (313) 623-0265

    16 Total Sales

    Armando Alvarez
    Section Image
  • John Pickell

    Buyer's Agent in 2019

    John Pickell

    RE/MAX

    (248) 917-5923

    79 Total Sales

    John Pickell
    Section Image
  • David Daweood

    Seller's Agent in 2018

    David Daweood

    Detroit Progress Realty LLC

    (248) 722-7555

    97 Total Sales

    David Daweood
    Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 20221061503

Realcomp

APN: 08-002560

Michigan Wayne County Detroit 48206 Virginia Park Community

1642 Hazelwood St, Detroit, MI

This home is located at 1642 Hazelwood St, Detroit, MI 48206 since 16 February 2024 and is currently estimated at $146,095, approximately $57 per square foot. This property was built in 1919. 1642 Hazelwood St is a home located in Wayne County with nearby schools including Thirkell Elementary School, 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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