NOT LISTED FOR SALE

17123 E 9 Mile Rd Eastpointe, MI 48021

Estimated Value: $183,000 - $226,000

4 Beds
2 Baths
2,132 Sq Ft
$97/Sq Ft Est. Value

Last Sold February 04, 2019

Last sale price $87,000 $41 Per Sq Ft

Est. 137% increase in value since last sale

Current estimated payment $1,499/month

52 Days on Market

About This Home

As of February 2019

**Home is Tenant occupied. DO NOT approach the home or tenants. Tenants are unaware of sale. NO showings until after offer is accepted.** Purchaser will have 5-7 days after acceptance for showing and or inspections. NICE Rental property with GREAT CASH FLOW. $1,330 Current Gross Rents. Both units are rented. 2132 SQFT Duplex upper / lower style. Two 2 Bedroom Units in great shape with updated Roof, kitchen, furnaces, water heaters & Some Windows. Landlord owned appliances & coin operated laundry to stay. Tenants pay gas & electric. Landlord pays water. Laundry income is an offset. Per seller possible 3 unit in basement with addition of egress window.

Last Listed By

Lance Paxton

Keller Williams Realty Lakeside License #MISPE-6502354902 Listed on: 07/10/2018

Keller Williams Realty Lakeside

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,158

Year Built

  • Built in 1937

Lot Details

  • Lot Dimensions are 65x116

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Oven or Range
  • Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 3 Car Parking Spaces
  • Unassigned Parking

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Gas Water Heater

Community Details

  • 2 Units
  • Rausch's Subdivisio Subdivision

Listing and Financial Details

  • Assessor Parcel Number 02-14-29-352-031

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,158

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Styles: Colonial
  • Year Built: 1937
  • Mail City: Eastpointe
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Range/Oven, Refrigerator
  • Basement: Yes
  • Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Source of Sq Ft: Public Records
  • Estimated Sq Ft: 2132

Exterior Features

  • Construction: Brick, Vinyl Siding
  • Frontage: 65
  • Foundation Type: Basement

Garage/Parking

  • Parking: 3 Or More Spaces, Unassigned/General

Utilities

  • Water: Public Water
  • Water Heater: Gas
  • Fuel Type: Natural Gas
  • Heating System: Forced Air
  • Separate Electric: Yes
  • Separate Gas: Yes
  • Separate Heat: Yes
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: 02-14-29-352-031
  • Lot Dimensions: 65x116

Rental Info

  • Landlord Pays: Water/Sewer
  • Lease Information: Less Than 1 Year, Lease Term 1-2 Years, Lease Required

Tax Info

  • Summer Tax: Year: 2018, Amount: $2,795.00
  • Winter Tax: Year: 2017, Amount: $117.00
  • Taxable Value: 42980

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Eastpointe Community Schl

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2018
Closed on
Oct 3, 2018
Sold by
M L Properties Inc
Bought by
Tbf Warren Llc
Seller's Agent
Lance Paxton
Keller Williams Realty Lakeside
Buyer's Agent
David Yankovich
RE/MAX In The Park, Inc
List Price
$114,900
Sold Price
$87,000
Premium/Discount to List
-$27,900
-24.28%
Total Days on Market
52
Current Estimated Value
$205,875

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,875
Avg. Annual Appreciation
14.98%
Interest Rate
4.72%

Purchase Details

Closed on
Jul 29, 2009
Sold by
Griffin Michael E and Griffin Lori A
Bought by
M L Properties Inc

Purchase Details

Closed on
Mar 6, 2008
Sold by
M L Properties Inc
Bought by
Griffin Michael E and Griffin Lori A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,500
Interest Rate
5.88%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 29, 2003
Sold by
Griffin Michael E and Griffin Lori A
Bought by
M L Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 26, 2001
Sold by
Gutierrez Albert
Bought by
Ml Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,000
Interest Rate
7.02%

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
Tbf Warren Llc $87,000 --
M L Properties Inc -- None Available
Griffin Michael E -- None Available
M L Properties Inc -- Multiple
Griffin Michael E -- Multiple
Ml Properties Inc $63,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Tbf Warren Llc --
Previous Owner Griffin Michael E $94,500
Previous Owner Griffin Michael E $85,000
Previous Owner Ml Properties Inc $53,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2019 02/04/19 Sold $87,000 0.0% $41 / Sq Ft
09/18/2018 09/18/18 Sold $87,000 -17.1% $41 / Sq Ft
08/31/2018 08/31/18 Pending -- -- --
08/31/2018 08/31/18 Pending -- -- --
08/21/2018 08/21/18 Price Changed $104,900 0.0% $49 / Sq Ft
08/21/2018 08/21/18 Price Changed $104,900 -8.7% $49 / Sq Ft
07/27/2018 07/27/18 For Sale $114,900 0.0% $54 / Sq Ft
07/18/2018 07/18/18 Price Changed $114,900 -8.1% $54 / Sq Ft
07/10/2018 07/10/18 For Sale $125,000 -- $59 / Sq Ft
Source: Michigan Multiple Listing Service

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 $4,158 $105,000 $0 $0
2023 $4,038 $89,200 $0 $0
2022 $4,089 $70,300 $0 $0
2021 $4,024 $51,400 $0 $0
2020 $3,878 $47,500 $0 $0
2019 $4,038 $48,300 $0 $0
2018 $2,911 $42,980 $0 $0
2017 $2,722 $39,300 $3,460 $35,840
2016 $2,705 $39,300 $0 $0
2015 $2,131 $34,260 $0 $0
2013 $4,547 $31,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lance Paxton

    Seller's Agent in 2019

    Lance Paxton

    Keller Williams Realty Lakeside

    (586) 532-0500

    3 in this area

    17 Total Sales

    Section Image
  • David Yankovich

    Buyer's Agent in 2019

    David Yankovich

    RE/MAX

    (248) 996-7631

    53 Total Sales

    David Yankovich
    Section Image
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Map

Source: Michigan Multiple Listing Service

MLS Number: 31353273

Michigan Multiple Listing Service

APN: 02-14-29-352-031

Michigan Macomb County Eastpointe 48021

17123 E 9 Mile Rd, Eastpointe, MI

Homes for Sale in Eastpointe, MI

This home is located at 17123 E 9 Mile Rd, Eastpointe, MI 48021 since 10 July 2018 and is currently estimated at $205,875, approximately $96 per square foot. This property was built in 1937. 17123 E 9 Mile Rd is a home located in Macomb County with nearby schools including Forest Park Elementary School, Eastpointe Middle School, and Macomb Montessori Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Michigan Multiple Listing Service Source MLS: MiRealSource
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