NOT LISTED FOR SALE

Estimated Value: $99,000 - $265,000

6 Beds
2 Baths
2,248 Sq Ft
$81/Sq Ft Est. Value

Last Sold May 12, 2022

Last sale price $215,000 $96 Per Sq Ft

Est. 15% decrease in value since last sale

Current estimated payment $1,170/month

43 Days on Market

About This Home

As of May 2022

This duplex is located directly adjacent to the highly desirable Boston Edison Historic District. Each 3 bed / 1 bath flat features a brand new kitchen and bathroom with modern finishes, a spacious open floor plan and a plethora of windows inviting in an abundance of natural sunlight. The property features new electrical, plumbing, roof, HVAC and windows. Each unit should rent for $1,200 monthly, the perfect purchase for a home buyer looking for a tenant to pay their mortgage or a savvy investor in search of significant cashflow. Less than 10 minute drive to downtown Detroit, and a 5 minute drive to midtown, this home ownership opportunity is uniquely rare and one to take advantage of. Newly renovated duplexes in the most desired neighborhoods in Detroit are moving quickly. It's your time to own a piece of Detroit’s comeback!

Last Agent to Sell the Property

Ishma Best

PREP Realty License #6502415723 Listed on: 02/20/2022

Last Buyer's Agent

J’Donovan Smith

Front Page Properties License #RCO-6501406934

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,717

Year Built

  • Built in 1919 | Remodeled in 2022

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 35 x 117 x 35 x 117

Home Design

  • Duplex
  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • 2 Full Bathrooms
  • 2,248 Sq Ft Home
  • 2-Story Property

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number W08I003213S
  • $6,450 Seller Concession

Community Details

Overview

  • 2 Units

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,717

Year Built

Built in 1919 | Remodeled in 2022

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 2 Story
  • Year Built: 1919
  • Year Renovated: 2022
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Sq Ft Combined: 2248
  • Total Sq Ft: 2248
  • Sq Ft Total Bsmt: 1109

Exterior Features

  • Foundation Details: Michigan Basement
  • Construction Materials: Brick
  • Foundation Materials: Brick/Mortar
  • Frontage Feet: 35
  • Road Frontage Type: Pub. Sidewalk

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: 0.09
  • Lot Dimensions: 35 x 117 x 35 x 117
  • Parcel Number: W08I003213S
  • Zone Conform: Yes
  • Zoning: Multi-Family

Rental Info

  • Rent Includes: Water/Sewer, Water
  • Monthly Rental Income: 2400

Multi Family

  • Gross Scheduled Income: 28800.00
  • Number Of Units Total: 2
  • Unit Count: 1
  • Number of Three Bedroom Units: 2

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 25, 2021
Sold by
Detroit Land Bank Authority
Bought by
Newman Barry
Total Days on Market
43
Current Estimated Value
$182,893

Purchase Details

Closed on
Jan 23, 2014
Sold by
Wayne County Treasurer
Bought by
Detroit Landbank Authority

Purchase Details

Closed on
Dec 15, 2010
Sold by
Wojtowicz Raymond J
Bought by
Great Lakes Management Llc

Purchase Details

Closed on
Nov 29, 2010
Sold by
Wojtowicz Raymond J
Bought by
Dallas
Source: Public Records

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Range of Values:

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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
Newman Barry $1,000 None Available
Detroit Landbank Authority -- None Available
Great Lakes Management Llc -- None Available
Dallas $500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yost Christian $211,105
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2022 05/12/22 Sold $215,000 +2.9% $96 / Sq Ft
04/05/2022 04/05/22 Pending -- -- --
02/20/2022 02/20/22 For Sale $209,000 -- $93 / 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
2024 $1,717 $28,800 $0 $0
2023 $1,913 $23,000 $0 $0
2022 $4 $0 $0 $0
2021 $0 $0 $0 $0
2020 $0 $0 $0 $0
2019 $0 $0 $0 $0
2018 $0 $0 $0 $0
2017 -- $0 $0 $0
2016 $340 $0 $0 $0
2015 $1,130 $0 $0 $0
2013 $1,130 $11,300 $0 $0
2010 -- $16,191 $819 $15,372
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2220011223

Realcomp

APN: 08-003213