NOT LISTED FOR SALE

1706 Leforge Rd Unit 1708 Ypsilanti, MI 48198

Estimated Value: $202,000 - $332,000

3 Beds
2 Baths
1,980 Sq Ft
$129/Sq Ft Est. Value

Last Sold December 21, 2023

Last sale price $180,801 $91 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $1,711/month

31 Days on Market

Highlights

  • 0.8 Acre Lot
  • Ceiling Fan
  • 6 Car Garage
  • Ranch Style House
  • Baseboard Heating
  • Private Entrance

About This Home

As of December 2023

This is a one-of-a-kind investment opportunity that you will not want to miss. This multi-family all brick ranch duplex, offers the potential of multigenerational living or a secondary income property. 1706 Leforge has 1,160 sqft, two bedrooms, a bath, kitchen, dining, laundry and living room with fireplace. 1708 Leforge has 820 sqft, and offers a lining room, private entrance, kitchen, breakfast nook, one bedroom and one bathroom. The property is nestled on 0.8 acres with privacy, gardens, and space for the hobby enthusiast. Updates include: new roof & gutter guard system on house 2022, new asphalt driveway 2022, garage brand new 2021. Key considerations: House is on city water and sewer, it has NO Homeowners Association, it provides shared baseboard heating with boiler (age unknown), a hot water tank in each unit, and there is no central air conditioning. 1708 Leforge will need substantial cosmetic renovations, as well as mold remediation. All of the windows will need to be replaced. Due to the presence of mold, property can only be sold as cash. Potential resale value between $350k - $400k. Bring your qualified investors today.

Last Agent to Sell the Property

Sarah Maiga

Maiga Homes License #6501391516 Listed on: 11/03/2023

Last Buyer's Agent

Demetrius Traylor

Real Estate One License #6501383454

Real Estate One

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1952

Lot Details

  • 0.8 Acre Lot
  • Lot Dimensions are 100 x 349
  • Private Entrance

Parking

  • 6 Car Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Roof

Interior Spaces

  • 2 Full Bathrooms
  • 1,980 Sq Ft Home
  • Ceiling Fan

Outdoor Features

  • Rain Gutter Guard System

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number J01033300004

Community Details

Pet Policy

  • Pets Allowed

Additional Features

  • 2 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,589

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1952
  • State Equalized Value: 113000.0000
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available, Laundry Facility
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Sq Ft Combined: 1980
  • Total Sq Ft: 1980

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Slab
  • Construction Materials: Brick
  • Exterior Features: Gutter Guard System, Private Entry
  • Frontage Feet: 100
  • Road Frontage Type: Paved
  • Sideof Street: E

Garage/Parking

  • Garage: Yes
  • MF Parking: Garages, Paved
  • Total Parking Spaces: 6

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Window Unit(s)
  • Heating: Baseboard, Hot Water
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: Yes

Schools

  • School District: Ypsilanti

Lot Info

  • Lot Size Area: 0.80
  • Lot Dimensions: 100 x 349
  • Parcel Number: J01033300004
  • Zoning: Residential
  • Percent Homestead Exempt: Yes

Rental Info

  • Monthly Rental Income: 800

Tax Info

  • Tax Amount Summer: 2568.0000
  • Tax Amount Winter: 1021.0000
  • Total Tax: 3589.0000
  • Taxable Value: 86853.0000

Multi Family

  • Gross Scheduled Income: 9600.00
  • Number Of Units Total: 2
  • Number of One Bedroom Units: 1
  • Number of Two Bedroom Units: 1

MLS Schools

  • School District: Ypsilanti

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2023
Closed on
Dec 23, 2023
Sold by
Howard Mary
Bought by
Princess Villas Inc
Seller's Agent
Sarah Maiga
Maiga Homes
Buyer's Agent
Demetrius Traylor
Real Estate One
List Price
$250,000
Sold Price
$180,802
Premium/Discount to List
-$69,198
-27.68%
Total Days on Market
31
Views
79
Current Estimated Value
$255,595

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,793
Avg. Annual Appreciation
26.97%

Purchase Details

Listed on
Nov 3, 2023
Closed on
Dec 19, 2023
Sold by
Duede Ralph E and Duede Crystal
Bought by
Howard Mary
Seller's Agent
Sarah Maiga
Maiga Homes
Buyer's Agent
Demetrius Traylor
Real Estate One
List Price
$250,000
Sold Price
$180,802
Premium/Discount to List
-$69,198
-27.68%
Views
79

Purchase Details

Closed on
Dec 19, 2002
Sold by
Duede Ralph E and Duede Crystal Virginia
Bought by
Duede Ralph E and Duede Crystal Virginia
Source: Public Records

Range of Values:

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Average Value
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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
Princess Villas Inc -- None Listed On Document
Howard Mary $180,801 None Listed On Document
Duede Ralph E -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2023 12/21/23 Sold $180,802 -27.7% $91 / Sq Ft
12/04/2023 12/04/23 Pending -- -- --
11/03/2023 11/03/23 For Sale $250,000 -- $126 / 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 $3,328 $125,400 $0 $0
2023 $2,477 $116,600 $0 $0
2022 $3,589 $113,000 $0 $0
2021 $3,153 $100,900 $0 $0
2020 $3,119 $100,300 $0 $0
2019 $3,040 $86,400 $86,400 $0
2018 $2,706 $82,000 $22,000 $60,000
2017 $2,595 $81,300 $0 $0
2016 $1,936 $69,678 $0 $0
2015 $2,388 $69,470 $0 $0
2014 $2,388 $67,300 $0 $0
2013 -- $67,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20230083854

Realcomp

APN: 10-33-300-004