$87,000
SOLD SEP 18, 2018

17123 E 9 Mile Rd Eastpointe, MI 48021

4 Beds
2 Baths
2,132 Sq Ft
7,536 Sq Ft Lot

Recently Sold

$41 Per Sq Ft

24% Below List Price

35 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. **POSSIBLE COMMERCIAL USE. THIS PROPERTY IS A DUPLEX CURRENTLY USED A RESIDENTIAL RENTAL** 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 Agent to Sell the Property

Lance Paxton

Keller Williams Realty Lakeside License #MISPE-6502354902 Listed on: 07/27/2018

Keller Williams Realty Lakeside

Last Buyer's Agent

David Yankovich

RE/MAX In The Park, Inc License #RCO-6501351427

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1937

Lot Details

  • Lot Dimensions are 65x116

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 2,132 Sq Ft Home
  • 2-Story Property
  • Oven or Range
  • Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • Rausch's Subdivision

Listing and Financial Details

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

Home Details

Home Type

Single Family

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Colonial
  • Structure Style: 2 Story
  • Year Built: 1937
  • Mail City: Eastpointe
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dryer, Range/Oven, Refrigerator, Washer
  • Basement: Yes
  • Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Above Grade Finished Sq Ft: 2132
  • Total Finished Sq Ft: 2132

Exterior Features

  • Exterior: Brick, Vinyl Siding
  • Foundation: Basement
  • Frontage: 65

Garage/Parking

  • Garage: No

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water
  • Water Heater: Gas

Lot Info

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

Tax Info

  • Summer Tax: Year: 2018, Amount: $2,795.00
  • Winter Tax: Year: 2017, Amount: $117.00
  • Total Tax: Year: 2017, Amount: $2,912.00

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
35
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
13.68%
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%
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
Deed $87,000 --
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- Multiple
Quit Claim Deed -- Multiple
Deed $63,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed -- No Value Available
Previous Owner $94,500 Unknown
Previous Owner $85,000 Purchase Money Mortgage
Previous Owner $53,000 No Value Available
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

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31355090

Michigan Multiple Listing Service

APN: 02-14-29-352-031