NOT LISTED FOR SALE

16431 E 10 Mile Rd Eastpointe, MI 48021

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

Sale Details

Date 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

10,454 Sq Ft Lot

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

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

Closed on
Dec 5, 2024
Sold by
Bought by

Purchase Details

Closed on
Dec 22, 2022
Sold by
Bought by

Purchase Details

Closed on
Jun 20, 2018
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,727,375
Interest Rate
0.045%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Nov 23, 2015
Closed on
Apr 11, 2016
Sold by
Bought by
Seller's Agent
Lisa Davis
REO Resources, Inc
Buyer's Agent
Non Participant
Non Realcomp Office
List Price
$225,000
Sold Price
$185,000
Premium/Discount to List
-$40,000
-17.78%

Purchase Details

Listed on
Nov 23, 2015
Closed on
Apr 9, 2016
Sold by
Bought by
Seller's Agent
Lisa Davis
REO Resources, Inc
Buyer's Agent
Non Participant
Non Realcomp Office
List Price
$225,000
Sold Price
$185,000
Premium/Discount to List
-$40,000
-17.78%

Purchase Details

Listed on
Apr 2, 2014
Closed on
Jun 27, 2014
Sold by
Bought by
Seller's Agent
Barbara Witt
Keller Williams Realty Great Lakes
Buyer's Agent
Christine Jurack
Sine & Monaghan LLC
List Price
$220,000
Sold Price
$190,000
Premium/Discount to List
-$30,000
-13.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.48%
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
$650,000 Coretitle
-- --
-- None Available
-- Title Connect Llc
$185,000 Title Connect Llc
$190,000 First American Title Ins Co
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 $960,000
Previous Owner $1,727,375
Previous Owner $100,000
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 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

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 $10,744 $138,700 $0 $0
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

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Map

Source: Realcomp

MLS Number: 215125108

Realcomp
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