NOT LISTED FOR SALE

Estimated Value: $120,647 - $223,000

4 Beds
2 Baths
1,936 Sq Ft
$93/Sq Ft Est. Value

Last Sold April 12, 2018

Last sale price $77,000 $40 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $1,159/month

2 Days on Market

Highlights

  • Porch
  • Programmable Thermostat
  • Ceiling Fan
  • Cass Technical High School Rated 10
  • Forced Air Heating System

About This Home

As of April 2018

Welcome to 16918-20 Baylis!! Great location!! Seconds from the Detroit Golf Club. Well maintained property! Great neighborhood, updated roof, updated vinyl windows, updated hot water heater, plumbing fixtures. Multifamily turnkey property perfect for anyone looking to invest in Detroit. NO back taxes. Warranty deed will be issued . Please do not disturb tenants. Estoppel Rental certificates can be issued! Tenants will sign a long term lease if needed. Showings will be accepted upon sellers review of proof of funds or preapproval letter. BATVAI

Last Agent to Sell the Property

Alex Farhat

Own It Realty License #6506047996 Listed on: 03/05/2018

Last Buyer's Agent

James Renberg

City Living Detroit License #RCO

City Living Detroit

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1955

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40.00x117.26

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 2 Full Bathrooms
  • 1,936 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Carbon Monoxide Detectors
  • Unfinished Basement

Outdoor Features

  • Porch

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Programmable Thermostat
  • Natural Gas Water Heater
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number W08I010070S

Community Details

Overview

  • 2 Units
  • Nagels Golf Club Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,585

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Year Built: 1955
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Carbon Monoxide Alarm(s), Programmable Thermostat
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 1936
  • Total Sq Ft: 1936
  • Sq Ft Total Bsmt: 1936

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block
  • Frontage Feet: 40
  • Porch Type: Porch
  • Road Frontage Type: Paved

Garage/Parking

  • MF Parking: On Street

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Window Unit(s)
  • Heating: Forced Air
  • Sewer: Sewer at Street
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 771818.1818
  • Lot Size Area: 0.11
  • Lot Dimensions: 40.00X117.26
  • Parcel Number: W08I010070S
  • Zoning: Multi-Family

Rental Info

  • Monthly Rental Income: 1300

Tax Info

  • Tax Amount Summer: 1424.0000
  • Tax Amount Winter: 161.0000
  • Total Tax: 1585.0000

Multi Family

  • Gross Scheduled Income: 15600.00
  • Number Of Units Total: 2
  • Unit Count: 2
  • Number of Two Bedroom Units: 2
  • Number Of Units Leased: 2

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2018
Closed on
Apr 12, 2018
Sold by
Esse Gene and Blackwood Greg
Bought by
Weted Ii John
Seller's Agent
Alex Farhat
Own It Realty
Buyer's Agent
James Renberg
City Living Detroit
List Price
$84,900
Sold Price
$77,000
Premium/Discount to List
-$7,900
-9.31%
Total Days on Market
2
Current Estimated Value
$179,912

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,912
Avg. Annual Appreciation
11.99%
Original Mortgage
$52,500
Interest Rate
4.45%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 17, 2017
Closed on
Dec 8, 2017
Sold by
3713 Hillbrook Llc
Bought by
Esse Gene
Seller's Agent
Alex Farhat
Own It Realty
Buyer's Agent
Alex Farhat
Keller Williams Legacy
List Price
$55,900
Sold Price
$55,000
Premium/Discount to List
-$900
-1.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
169.02%

Purchase Details

Closed on
Feb 15, 2016
Sold by
Investment Property Systems Llc
Bought by
3713 Hillbrook Llc

Purchase Details

Closed on
Nov 17, 2015
Sold by
Southwest Housing Solutions Corporation
Bought by
Dolphin Group Properties Llc

Purchase Details

Closed on
Sep 15, 2015
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Southwest Housing Solutions Corporation

Purchase Details

Closed on
Jun 9, 2015
Sold by
Patterson Alfred and Patterson Ruth B
Bought by
Federal Home Loan Mortgage Corporation
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
Weted Ii John $77,000 Etitle Agency Inc
Esse Gene $55,000 Venture Title Agency
3713 Hillbrook Llc $55,900 Embassy Title Agency Inc
Investment Property Systems Llc -- Embassy Title Agency
Dolphin Group Properties Llc $26,000 Visionary Title Agency Llc
Southwest Housing Solutions Corporation $11,232 Attorney
Federal Home Loan Mortgage Corporation $84,430 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weted John $100,000
Closed Weted Ii John $52,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2018 04/12/18 Sold $77,000 -9.3% $40 / Sq Ft
03/07/2018 03/07/18 Pending -- -- --
03/05/2018 03/05/18 For Sale $84,900 +54.4% $44 / Sq Ft
12/08/2017 12/08/17 Sold $55,000 -1.6% $28 / Sq Ft
11/22/2017 11/22/17 Pending -- -- --
11/21/2017 11/21/17 For Sale $55,900 0.0% $29 / Sq Ft
10/28/2017 10/28/17 Pending -- -- --
10/17/2017 10/17/17 For Sale $55,900 -- $29 / 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 $1,793 $49,700 $0 $0
2023 $1,988 $39,100 $0 $0
2022 $2,122 $39,600 $0 $0
2021 $2,063 $30,200 $0 $0
2020 $2,062 $25,800 $0 $0
2019 $2,030 $19,100 $0 $0
2018 $1,495 $15,000 $0 $0
2017 $285 $15,000 $0 $0
2016 $1,586 $30,100 $0 $0
2015 $1,650 $16,500 $0 $0
2013 $2,650 $26,496 $0 $0
2010 -- $36,776 $1,114 $35,662
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 218017464

Realcomp

APN: 08-010070