$45,000
SOLD FEB 21, 2025
4 Beds
2 Baths
2,016 Sq Ft
3,049 Sq Ft Lot

Recently Sold

$22 Per Sq Ft

31% Below List Price

41 Days on Market

Highlights

  • Covered patio or porch
  • Balcony
  • Forced Air Heating System
  • Cass Technical High School Rated 10
  • Programmable Thermostat
  • Private Entrance

About This Home

As of February 2025

Calling all investors! This value-add multi-family serves as a great investment property or to live in one unit and rent out the others! There are 2 two-bedroom units, with a potential third unit on the upper level, all with separate entrances. New roof and rough plumbing - step into a blank canvas and renovate to your liking while earning equity. Prime location, located next to the historic Palmer Park, Detroit Golf Club and University of Detroit Mercy. Strong rental market. Property is sold as-is. BATVAI

Last Agent to Sell the Property

Jay Naim

EXP Realty Main License #6501426431 Listed on: 01/09/2025

EXP Realty Main

Co-Listed By

Fadi Dabaja

EXP Realty Main License #6501362745

Last Buyer's Agent

Alicia Bostick

Reach Realty Group License #6501402854

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 30.00 x 100.00
  • Private Entrance

Home Design

  • Duplex
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2 Full Bathrooms
  • 2,016 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Parking

  • 5 Parking Spaces
  • On-Street Parking

Outdoor Features

  • Balcony
  • Covered patio or porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Programmable Thermostat
  • Natural Gas Water Heater
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number W08I009564S

Community Details

Overview

  • 3 Units
  • Log Cabin Heights Sub Subdivision

Amenities

  • Laundry Facilities

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 2 Story
  • Assessment: 350.00
  • Year Built: 1920
  • State Equalized Value: 47900.0000
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: High Spd Internet Avail, Laundry Facility, Programmable Thermostat
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 2016
  • Total Sq Ft: 2016
  • Sq Ft Total Bsmt: 1008

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick, Vinyl
  • Exterior Features: Private Entry
  • Foundation Materials: Block
  • Frontage Feet: 30
  • Porch Type: Balcony, Porch - Covered, Porch
  • Road Frontage Type: Paved

Garage/Parking

  • MF Parking: On Street
  • Total Parking Spaces: 5

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: Yes

Schools

  • School District: Detroit

Lot Info

  • Lot Size Area: 0.07
  • Lot Dimensions: 30.00 x 100.00
  • Parcel Number: W08I009564S
  • Zoning: Residential

Rental Info

  • Deposit Amount: 30000.00
  • Monthly Rental Income: 2900

Tax Info

  • Tax Amount Summer: 3324.0000
  • Tax Amount Winter: 72.0000
  • Total Tax: 3396.0000
  • Taxable Value: 39480.0000

Multi Family

  • Gross Scheduled Income: 34800.00
  • Number Of Units Total: 3
  • Number of Efficiency Units: 1
  • Number of Two Bedroom Units: 2

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2025
Closed on
Apr 2, 2025
Sold by
Zambrano Dino
Bought by
Zambrano Properties Llc
Seller's Agent
Jay Naim
EXP Realty Main
Buyer's Agent
Alicia Bostick
Reach Realty Group
List Price
$64,900
Sold Price
$45,000
Premium/Discount to List
-$19,900
-30.66%
Views
103
Current Estimated Value
$64,985

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,985
Avg. Annual Appreciation
320.14%

Purchase Details

Listed on
Jan 9, 2025
Closed on
Feb 21, 2025
Sold by
Accurate K Construction Inc
Bought by
Zambrano Dino
Seller's Agent
Jay Naim
EXP Realty Main
Buyer's Agent
Alicia Bostick
Reach Realty Group
List Price
$64,900
Sold Price
$45,000
Premium/Discount to List
-$19,900
-30.66%
Views
103

Purchase Details

Listed on
Nov 17, 2021
Closed on
Oct 7, 2022
Sold by
One Institution Llc
Bought by
Accurate Construction
Seller's Agent
James Silver
Keller Williams Somerset
Buyer's Agent
Terrance Sims
Keller Williams Somerset
List Price
$29,900
Sold Price
$15,500
Premium/Discount to List
-$14,400
-48.16%
Views
57

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
56.49%

Purchase Details

Closed on
Nov 17, 2021
Sold by
County Of Wayne
Bought by
One Institution Llc

Purchase Details

Closed on
Jun 6, 2019
Sold by
Davis Marcus
Bought by
Merry Damion

Purchase Details

Closed on
Nov 30, 2016
Sold by
Sabree Eric R
Bought by
Davis Marcus

Purchase Details

Closed on
Nov 18, 2011
Sold by
Wojtowicz Raymond J
Bought by
Hall Tawanda
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 Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Warranty Deed $45,000 None Listed On Document
Warranty Deed $15,500 Speedy Title & Escrow Services
Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes $22,685 None Available
Quit Claim Deed $300 None Available
Quit Claim Deed $1,100 None Available
Quit Claim Deed $1,701 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2025 02/21/25 Sold $45,000 -9.8% $22 / Sq Ft
02/19/2025 02/19/25 Pending -- -- --
01/16/2025 01/16/25 Price Changed $49,900 -23.1% $25 / Sq Ft
01/09/2025 01/09/25 For Sale $64,900 +318.7% $32 / Sq Ft
10/07/2022 10/07/22 Sold $15,500 -18.4% $8 / Sq Ft
10/01/2022 10/01/22 Pending -- -- --
09/04/2022 09/04/22 Price Changed $19,000 -15.6% $9 / Sq Ft
08/13/2022 08/13/22 Price Changed $22,500 -24.7% $11 / Sq Ft
07/01/2022 07/01/22 Price Changed $29,900 0.0% $15 / Sq Ft
07/01/2022 07/01/22 For Sale $29,900 +92.9% $15 / Sq Ft
06/24/2022 06/24/22 Off Market $15,500 -- --
06/02/2022 06/02/22 Price Changed $33,000 -13.2% $16 / Sq Ft
04/21/2022 04/21/22 Price Changed $38,000 -1.3% $19 / Sq Ft
04/10/2022 04/10/22 Price Changed $38,500 -8.3% $19 / Sq Ft
04/06/2022 04/06/22 Price Changed $42,000 -15.0% $21 / Sq Ft
03/17/2022 03/17/22 Price Changed $49,400 -1.0% $25 / Sq Ft
03/04/2022 03/04/22 Price Changed $49,900 -8.4% $25 / Sq Ft
02/20/2022 02/20/22 Price Changed $54,500 -1.8% $27 / Sq Ft
02/03/2022 02/03/22 Price Changed $55,500 -0.9% $28 / Sq Ft
12/16/2021 12/16/21 Price Changed $56,000 -3.4% $28 / Sq Ft
11/30/2021 11/30/21 Price Changed $58,000 -3.3% $29 / Sq Ft
11/17/2021 11/17/21 For Sale $60,000 -- $30 / 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 $3,074 $47,900 $0 $0
2023 $931 $37,600 $0 $0
2022 $979 $27,600 $0 $0
2021 $958 $21,100 $0 $0
2020 $958 $18,100 $0 $0
2019 $947 $13,100 $0 $0
2018 $855 $11,200 $0 $0
2017 $124 $11,300 $0 $0
2016 $918 $22,500 $0 $0
2015 $760 $7,600 $0 $0
2013 $1,219 $12,192 $0 $0
2010 -- $16,922 $608 $16,314
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20250000483

Realcomp

APN: 08-009564