NOT LISTED FOR SALE

16431 E 10 Mile Rd Eastpointe, MI 48021

8 Beds
4 Baths
3,402 Sq Ft
10,454 Sq Ft Lot

Last Sold April 14, 2016

Last sale price $185,000 $54 Per Sq Ft

133 Days on Market

About This Home

As of April 2016

ATTENTION ALL INVESTORS..................... GREAT INVESTMENT OPPORTUNITY! QUADRUPLEX WITH FOUR 2 BEDROOM UNITS AND AMPLE PARKING, INCLUDING ONE HANDICAP UNIT. EACH UNIT HAS OWN HWH. ALL UNITS ARE OCCUPIED, WITH 1 LONG TERM TENANT. LEASE PRICE FOR UNITS ARE: UNIT 1 - $625, UNIT 2 - $630, UNIT 3 $640, AND UNIT 4 $640 PER MONTH. PLEASE ALLOW A 48 HOUR NOTICE TO SHOW! BUYERS AGENT TO VERIFY ALL INFORMATION!
SELLER IS MOTIVATED TO SELL!!!!!!!!!!!!!

Last Agent to Sell the Property

Lisa Davis

REO Resources, Inc License #6501341302 Listed on: 11/23/2015

Last Buyer's Agent

Non Participant

Non Realcomp Office License #RCO

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1986

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 50 x 210

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Vinyl Construction Material

Interior Spaces

  • 4 Full Bathrooms
  • 3,402 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Utilities

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

Community Details

  • 4 Units
  • A/P # 02 Eastpointe Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1419483001

Property Details

Home Type

Multi-Family

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Assessment: 275.04 1 TIME FEE
  • Year Built: 1986
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Total Sq Ft: 3402

Exterior Features

  • Foundation Details: Crawl
  • Construction Materials: Brick, Vinyl
  • Foundation Materials: Block
  • Road Frontage Type: Paved

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Lot Info

  • List Price per Acre: 895416.6667
  • Lot Size Area: 0.24
  • Lot Dimensions: 50 X 210
  • Parcel Number: 1419483001
  • Zoning: Multi-Family

Rental Info

  • Monthly Rental Income: 2630

Tax Info

  • Tax Amount Summer: 6351.0000
  • Tax Amount Winter: 661.0000
  • Total Tax: 7012.0000

Multi Family

  • Gross Scheduled Income: 31403.35
  • Number Of Units Total: 4

MLS Schools

  • School District: Eastpointe Community Schools

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/14/2016 04/14/16 Sold $185,000 -17.8% $54 / Sq Ft
04/04/2016 04/04/16 Pending -- -- --
11/23/2015 11/23/15 For Sale $225,000 +18.4% $66 / Sq Ft
06/30/2014 06/30/14 Sold $190,000 -13.6% $54 / Sq Ft View Prior Sale
05/29/2014 05/29/14 Pending -- -- --
04/02/2014 04/02/14 For Sale $220,000 -- $63 / 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 $10,492 $138,700 $0 $0
2024 $86 $138,700 $0 $0
2023 $8,374 $116,600 $0 $0
2022 $8,444 $113,500 $0 $0
2021 $8,308 $108,400 $0 $0
2020 $8,005 $103,600 $0 $0
2019 $8,082 $100,400 $0 $0
2018 $8,158 $92,470 $0 $0
2017 $7,625 $77,880 $18,900 $58,980
2016 $6,292 $77,880 $0 $0
2015 $5,905 $75,160 $0 $0
2013 -- $74,430 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2016

    Lisa Davis

    REO Resources, Inc

    (313) 926-7862

    1 in this area

    9 Total Sales

    Lisa Davis
    Section Image

  • N

    Buyer's Agent in 2016

    Non Participant

    Non Realcomp Office

  • U

    Buyer's Agent in 2016

    Unidentified Agent

    Unidentified Office

  • B

    Seller's Agent in 2014

    Barbara Witt

    Keller Williams Realty Great Lakes

    Section Image
  • Christine Jurack

    Buyer's Agent in 2014

    Christine Jurack

    Sine & Monaghan LLC

    (313) 770-2342

    5 Total Sales

    Christine Jurack
    Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 215125108

Realcomp
Michigan Macomb County Eastpointe 48021

16431 E 10 Mile Rd, Eastpointe, MI

Not Listed for Sale

MultiFamily

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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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