NOT LISTED FOR SALE

168 W Jarvis Ave Hazel Park, MI 48030

Estimated Value: $195,000 - $216,370

4 Beds
2 Baths
1,371 Sq Ft
$149/Sq Ft Est. Value

Last Sold March 01, 2021

Last sale price $111,500 $81 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $1,353/month

132 Days on Market

About This Home

As of March 2021

HUGE PRICE REDUCTION! HURRY! WON'T LAST AT THIS PRICE! Main floor unit is now vacant so that unit and the basement are now available for viewing. If interested after seeing them, then upper unit showing can be scheduled. Upper Tenant is current on rent, and would like to stay if possible. However, she is on a month-to-month lease so the option is up to the Buyer. City inspection reports are now available as well. Electrical issue has been corrected already by Owner. City inspection reports can be found in MLS docs. Offers subject to release of the first offer. I expect to receive the fully executed release no later than 2/14/21. So, all offers will be presented in the evening on Mon, Feb 15th.

Last Agent to Sell the Property

Leanne Conger

Diamond Realty & Associates, LLC License #700243 Listed on: 10/06/2020

Last Buyer's Agent

Leanne Smits

Real Estate One-Royal Oak License #6501271221

Real Estate One-Royal Oak

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1925 | Remodeled in 1955

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 50.00x111.00

Home Design

  • Block Foundation

Interior Spaces

  • 2 Full Bathrooms
  • 1,371 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2535276016

Community Details

Overview

  • 2 Units
  • Nine Oakland Sub Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,903

Year Built

Built in 1925 | Remodeled in 1955

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Assessment: 280
  • Year Built: 1925
  • State Equalized Value: 29580.0000
  • Year Renovated: 1955
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 1371
  • Total Sq Ft: 1371
  • Sq Ft Total Bsmt: 892

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Aluminum
  • Foundation Materials: Block
  • Frontage Feet: 50
  • Road Frontage Type: Paved

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Sewer-Sanitary
  • Water Heater Fuel: Natural Gas
  • Water Source: Municipal Water
  • Laundry Facilities: No

Schools

  • School District: Hazel Park

Lot Info

  • List Price per Acre: 769223.0769
  • Lot Size Area: 0.13
  • Lot Dimensions: 50.00X111.00
  • Parcel Number: 2535276016
  • Zoning: Multi-Family

Rental Info

  • Monthly Rental Income: 1700

Tax Info

  • Tax Amount Summer: 1873.0000
  • Tax Amount Winter: 30.0000
  • Total Tax: 1903.0000
  • Taxable Value: 17540.0000

Multi Family

  • Gross Scheduled Income: 20400.00
  • Number Of Units Total: 2
  • Unit Count: 1
  • Number of Two Bedroom Units: 2
  • Number Of Units Leased: 2

MLS Schools

  • School District: Hazel Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 7, 2022
Sold by
Satterly Laura
Bought by
Satterly Laura A
Current Estimated Value
$203,843

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,000
Outstanding Balance
$141,982
Interest Rate
5.66%
Mortgage Type
New Conventional
Estimated Equity
$63,839

Purchase Details

Closed on
Jun 25, 2021
Sold by
Busse Nathan
Bought by
Satterly Laura

Purchase Details

Listed on
Oct 6, 2020
Closed on
Mar 1, 2021
Sold by
Larson Matthew
Bought by
Satterly Laura and Busse Nathan
Seller's Agent
Leanne Conger
Diamond Realty & Associates, LLC
Buyer's Agent
Leanne Smits
Real Estate One-Royal Oak
List Price
$99,999
Sold Price
$111,500
Premium/Discount to List
$11,501
11.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.39%

Purchase Details

Closed on
Oct 30, 2017
Sold by
Bonnici James J and Bonnici Shirley A
Bought by
Bonnici James J and Bonnici Shirley A

Purchase Details

Listed on
May 12, 2014
Closed on
May 15, 2014
Sold by
Bonnici James J and Bonnici Shirley
Bought by
Larson Matthew
Seller's Agent
William Hitchcock
RE/MAX In The Park, Inc
Buyer's Agent
William Hitchcock
RE/MAX In The Park, Inc
List Price
$45,000
Sold Price
$45,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.33%
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
Satterly Laura A -- Fidelity National Title
Satterly Laura -- None Available
Satterly Laura $111,500 None Available
Bonnici James J -- None Available
Larson Matthew $45,000 Abstract Title Agency
Larson Matthew -- Abstract Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Satterly Laura A $147,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2021 03/01/21 Sold $111,500 +11.5% $81 / Sq Ft
02/16/2021 02/16/21 Pending -- -- --
02/12/2021 02/12/21 For Sale $99,999 0.0% $73 / Sq Ft
02/11/2021 02/11/21 Price Changed $99,999 -19.9% $73 / Sq Ft
01/05/2021 01/05/21 Pending -- -- --
01/04/2021 01/04/21 Price Changed $124,899 0.0% $91 / Sq Ft
12/15/2020 12/15/20 Price Changed $124,900 0.0% $91 / Sq Ft
12/15/2020 12/15/20 For Sale $124,900 +12.0% $91 / Sq Ft
10/15/2020 10/15/20 Off Market $111,500 -- --
10/06/2020 10/06/20 For Sale $149,900 +233.1% $109 / Sq Ft
05/20/2014 05/20/14 Sold $45,000 0.0% $33 / Sq Ft
05/14/2014 05/14/14 Pending -- -- --
05/12/2014 05/12/14 For Sale $45,000 -- $33 / 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 $3,322 $67,860 $0 $0
2023 $3,416 $59,760 $0 $0
2022 $3,420 $43,330 $0 $0
2021 $1,589 $34,150 $0 $0
2020 $1,873 $29,580 $0 $0
2019 $1,887 $25,940 $0 $0
2018 $1,844 $22,740 $0 $0
2017 $1,796 $21,140 $0 $0
2016 $1,794 $18,600 $0 $0
2015 -- $16,300 $0 $0
2014 -- $15,210 $0 $0
2011 -- $22,790 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2200079274

Realcomp

APN: 25-35-276-016