NOT LISTED FOR SALE

Estimated Value: $248,000 - $315,000

6 Beds
2 Baths
2,950 Sq Ft
$97/Sq Ft Est. Value

Last Sold July 17, 2024

Last sale price $281,500 $95 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,791/month

36 Days on Market

Highlights

  • Colonial Architecture
  • Hot Water Heating System
  • 4 Car Garage
  • Cass Technical High School Rated 10

About This Home

As of July 2024

Stately restored classic in Martin Park with historic details. The ideal home to occupy one unit and rent the other. Your tenant can pay the mortgage for you and have terrific proximity to Marygrove, UD, Avenue of Fashion and all the shops and amenities of Bagley and Sherwood Forest. Ten minutes from downtown or Royal Oak. Hardwood floors, fireplace in each unit, fully renovated ceramic tile baths and kitchens with granite countertops and disposals. This is not your average duplex!
NEW: windows, gutters and downspouts, waterproofing in basement, new mechanicals, exterior security doors, fully fenced in back yard with a driveway gate. Updated plumbing and electrical
AND?
It's not haunted- selling agent verified.
BATVAI (except the haunting part)

Last Agent to Sell the Property

Heather Dell

RE/MAX Leading Edge License #6501269116 Listed on: 05/30/2024

RE/MAX Leading Edge

Last Buyer's Agent

Mohammed Abdallah

Own It Realty License #6501411240

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1925 | Remodeled in 2024

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 40.00 x 127.00

Parking

  • 4 Car Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Brick Foundation
  • Block Foundation
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 2 Full Bathrooms
  • 2,950 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number W08I010060S

Community Details

Overview

  • 2 Units
  • Nagels Golf Club Subdivision

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,248

Year Built

Built in 1925 | Remodeled in 2024

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Assessment: 340.00
  • Year Built: 1925
  • State Equalized Value: 59700.0000
  • Year Renovated: 2024
  • Pets Allowed: Call
  • Special Features: NewHome
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Interior Entry, Unfinished, Common
  • Sq Ft Combined: 2950
  • Total Sq Ft: 2950
  • Sq Ft Total Bsmt: 1475

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block, Brick/Mortar, Poured
  • Frontage Feet: 40
  • Road Frontage Type: Paved

Garage/Parking

  • Garage: Yes
  • Total Parking Spaces: 4

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Hot Water
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Water at Street

Schools

  • School District: Detroit

Lot Info

  • Lot Size Area: 0.12
  • Lot Dimensions: 40.00 x 127.00
  • Parcel Number: W08I010060S
  • Zoning: Multi-Family

Rental Info

  • Monthly Rental Income: 2500

Tax Info

  • Tax Amount Summer: 2931.0000
  • Tax Amount Winter: 317.0000
  • Total Tax: 3248.0000
  • Taxable Value: 33653.0000

Multi Family

  • Gross Scheduled Income: 30000.00
  • Number Of Units Total: 2
  • Number of Three Bedroom Units: 2

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2024
Closed on
Jul 17, 2024
Sold by
G & E Investments Group Inc
Bought by
Davis Sqwrcene
Seller's Agent
Heather Dell
RE/MAX Leading Edge
Buyer's Agent
Mohammed Abdallah
Own It Realty
List Price
$299,777
Sold Price
$281,500
Premium/Discount to List
-$18,277
-6.1%
Views
23
Current Estimated Value
$286,460

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,960
Avg. Annual Appreciation
0.19%
Original Mortgage
$274,928
Outstanding Balance
$272,108
Interest Rate
6.95%
Mortgage Type
FHA
Estimated Equity
$9,980

Purchase Details

Closed on
Feb 15, 2024
Sold by
Aweke Ephraim
Bought by
G & E Investments Group Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,000
Interest Rate
6.94%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 11, 2019
Sold by
Home Team Holdings Inc
Bought by
Aweke Ephraim

Purchase Details

Closed on
Aug 31, 2018
Sold by
Wayne County Land Bnak Corp
Bought by
Home Team Holdings Inc

Purchase Details

Closed on
Aug 29, 2018
Sold by
County Of Wayne
Bought by
Wayne County Land Bank Corporation

Purchase Details

Closed on
Aug 28, 2018
Sold by
Sabree Eric R
Bought by
Wayne County

Purchase Details

Closed on
Aug 4, 2018
Sold by
Mcdowell Dejuan
Bought by
Aweke Ephraim

Purchase Details

Closed on
Apr 4, 2016
Sold by
Coleman Don
Bought by
Mcdowell Dejuan
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
Davis Sqwrcene $281,500 None Listed On Document
G & E Investments Group Inc $68,000 None Listed On Document
G & E Investments Group Inc $68,000 None Listed On Document
Aweke Ephraim $17,031 None Available
Home Team Holdings Inc $246,841 None Available
Wayne County Land Bank Corporation $211,341 None Available
Wayne County $5,636 None Available
Aweke Ephraim $7,000 None Available
Mcdowell Dejuan -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis Sqwrcene $274,928
Previous Owner G & E Investments Group Inc $174,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2024 07/17/24 Sold $281,500 -6.1% $95 / Sq Ft
07/05/2024 07/05/24 Pending -- -- --
05/30/2024 05/30/24 For Sale $299,777 -- $102 / 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
2025 $2,762 $90,400 $0 $0
2024 $2,762 $76,000 $0 $0
2023 $2,931 $59,700 $0 $0
2022 $3,142 $46,700 $0 $0
2021 $3,049 $35,700 $0 $0
2020 $3,048 $30,600 $0 $0
2019 $2,513 $22,300 $0 $0
2018 $1,130 $19,100 $0 $0
2017 $216 $19,200 $0 $0
2016 $1,243 $44,300 $0 $0
2015 $1,330 $13,300 $0 $0
2013 $2,078 $21,286 $0 $0
2010 -- $29,545 $1,114 $28,431
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20240036995

Realcomp

APN: 08-010060