NOT LISTED FOR SALE

16440 E 8 Mile Rd Unit 16436 Detroit, MI 48205

Regent Park Neighborhood

Estimated Value: $48,403 - $151,000

2 Beds
2 Baths
1,000 Sq Ft
$81/Sq Ft Est. Value

Last Sold September 30, 2015

Last sale price $26,000 $26 Per Sq Ft

Est. 208% increase in value since last sale

Current estimated payment $499/month

56 Days on Market

Highlights

  • 14 Acre Lot
  • Ranch Style House
  • Porch
  • Cass Technical High School Rated 10
  • Fenced Yard
  • Ceiling height of 9 feet or more

About This Home

As of September 2015

TENANT OCCUPIED - PLEASE DO NOT DISTURB TENANTS! Investor special with immediate ROI. 2-family income, ranch duplex with easy-in, easy-out access and prime location! Each unit has 1BR, living room, eat-in kitchen, full bath. Newer roof and windows. Partitioned basement with common access. Separate utilities! Large lot with ample parking. Perfect for seniors, young couples, and singles!

Last Agent to Sell the Property

Scott Jesnig

Coldwell Banker Professionals License #MISPE-6502415583 Listed on: 03/30/2015

Coldwell Banker Professionals

Last Buyer's Agent

. Non Mls Member

NON MLS Member License #MISPE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $730

Year Built

  • Built in 1950

Lot Details

  • 14 Acre Lot
  • Lot Dimensions are 55x109
  • Fenced Yard

Parking

  • 3 Car Parking Spaces

Home Design

  • Duplex
  • Ranch Style House
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Basement

Kitchen

  • Oven or Range
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 21027914-5

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$730

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Originating MLS: MI Real Source
  • Class: MULTIFAMILY
  • Type: 1 To 4 Units, Duplex
  • Type Of Property: Multi-Family
  • Structure Style: 1 Story
  • Styles: Ranch
  • Year Built: 1950
  • Special Features: 12
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: 9 Ft + Ceilings
  • Appliances: Disposal, Range/Oven, Refrigerator
  • Basement: Yes
  • Basement Type: Poured
  • Bedrooms: 2
  • Bathroom Description: First Flr Bath Lav/Half
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Dining Kitchen: Eat-In Kitchen
  • Source of Sq Ft: Assessors Data
  • Estimated Sq Ft: 1000

Exterior Features

  • Construction: Brick
  • Exterior Features: Fenced Yard, Porch, Sidewalks
  • Frontage: 55
  • Foundation Type: Basement
  • Roads: City/County, Paved Street

Garage/Parking

  • Parking: 3 Or More Spaces

Utilities

  • Water: Public Water
  • Water Heater: Gas
  • Cooling System: Ceiling Fan(s)
  • Fuel Type: Natural Gas
  • Heating System: Forced Air
  • Separate Electric: Yes
  • Separate Gas: Yes
  • Separate Heat: Yes
  • Separate Water: Yes
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: 21027914-5
  • Location: Main Street
  • Lot Dimensions: 55x109
  • Acreage: 14
  • Lot Description: Sidewalks
  • Zoning: Residential
  • Geo Subdivision: MI

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Detroit City School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 14, 2021
Sold by
Goodman Alan M and Martin Goodman A
Bought by
Goodman A Martin
Current Estimated Value
$80,011

Purchase Details

Listed on
Mar 30, 2015
Closed on
Sep 30, 2015
Sold by
Cummings Raymond K and Cummings Kathleen
Bought by
Goodman A Martin and Apc Retirement Trust
Seller's Agent
Scott Jesnig
Coldwell Banker Professionals
Buyer's Agent
. Non Mls Member
NON MLS Member
List Price
$30,000
Sold Price
$26,000
Premium/Discount to List
-$4,000
-13.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.91%
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
Goodman A Martin -- None Available
Goodman A Martin $26,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cummings Raymond $71,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2015 09/30/15 Sold $26,000 -13.3% $26 / Sq Ft
05/25/2015 05/25/15 Pending -- -- --
03/30/2015 03/30/15 For Sale $30,000 -- $30 / Sq Ft
Source: Michigan Multiple Listing Service

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 $730 $21,300 $0 $0
2024 $730 $18,100 $0 $0
2023 $953 $15,000 $0 $0
2022 $1,003 $12,500 $0 $0
2021 $981 $10,000 $0 $0
2020 $981 $8,800 $0 $0
2019 $869 $7,400 $0 $0
2018 $874 $7,100 $0 $0
2017 $129 $6,800 $0 $0
2016 $1,221 $11,700 $0 $0
2015 $1,170 $11,700 $0 $0
2013 $1,443 $14,430 $0 $0
2010 -- $21,156 $1,664 $19,492
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31235521

Michigan Multiple Listing Service

APN: 21-0279145