NOT LISTED FOR SALE

Estimated Value: $87,000 - $133,582

3 Beds
1 Bath
1,560 Sq Ft
$68/Sq Ft Est. Value

Last Sold May 22, 2024

Last sale price $78,000 $50 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $793/month

20 Days on Market

Highlights

  • Cape Cod Architecture
  • No HOA
  • Hot Water Heating System
  • Cass Technical High School Rated 10

About This Home

As of May 2024

Attention investors, don't miss this deal!! Cash-flow property!! Ideal for investors to expand their portfolio, SECTION 8 tenant at $1000 monthly. GREAT ROI. Conveniently located with easy access from W Mcnichols Rd and Wyoming Ave. Long-term tenant. Schedule your showing today!!! This property is TENANT OCCUPIED. PLEASE DO NOT DISTURB TENANTS. BATVAI All measurements are estimated. The seller is selling in AS-IS condition. BATVAI

Last Agent to Sell the Property

Andreina Mendoza-Herrera

RE/MAX Leading Edge License #6501430016 Listed on: 04/25/2024

RE/MAX Leading Edge

Last Buyer's Agent

Wael Nehme

U.S. Investor Group License #6501453870

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1929

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 35.00 x 108.00

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 1,560 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Location

  • Ground Level

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Palmer Homes Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number W16I042104S

Home Details

Home Type

Single Family

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Cape Cod
  • Architecture Level: 2 Story
  • Assessment: 240.00
  • Year Built: 1929
  • State Equalized Value: 37900.0000
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Room Count: 5
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 1560
  • Total Sq Ft: 1560
  • Sq Ft Total Bsmt: 1008

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block
  • Frontage Feet: 35
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: No Garage

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Detroit

Lot Info

  • Lot Size Area: 0.09
  • Lot Dimensions: 35.00 x 108.00
  • Parcel Number: W16I042104S

Tax Info

  • Tax Amount Summer: 2552.0000
  • Tax Amount Winter: 283.0000
  • Total Tax: 2835.0000
  • Taxable Value: 30030.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2024
Closed on
May 22, 2024
Sold by
Fgbadetroit Llc
Bought by
Distock Mi Llc
Seller's Agent
Andreina Mendoza-Herrera
RE/MAX Leading Edge
Buyer's Agent
Wael Nehme
U.S. Investor Group
List Price
$93,000
Sold Price
$78,000
Premium/Discount to List
-$15,000
-16.13%
Views
14
Current Estimated Value
$105,396

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,396
Avg. Annual Appreciation
27.98%

Purchase Details

Closed on
Apr 9, 2021
Sold by
Keystone Portfolio Management Llc
Bought by
Fgbadetroit Llc

Purchase Details

Closed on
Mar 17, 2021
Sold by
Rabinovici Llc
Bought by
Keystone Portfolio Management Llc

Purchase Details

Closed on
Jun 26, 2018
Sold by
John Whitby Forsyth Properties Llc
Bought by
Rabinovici Llc

Purchase Details

Closed on
Jun 22, 2018
Sold by
Mi Property Solution Llci
Bought by
John Whitby Forsyth Properties Llc

Purchase Details

Closed on
May 15, 2018
Sold by
Hopkins Timothy
Bought by
Hopkins Timothy
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
Distock Mi Llc $78,000 None Listed On Document
Fgbadetroit Llc $67,500 None Available
Keystone Portfolio Management Llc $52,000 Town & Country Title Company
Rabinovici Llc $29,500 Etitle Agency Inc
John Whitby Forsyth Properties Llc $24,000 None Available
Mi Property Solution Llc $16,000 None Available
Estate Of Edith B Hopkins -- None Available
Hopkins Timothy -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2024 05/22/24 Sold $78,000 -16.1% $50 / Sq Ft
05/15/2024 05/15/24 Pending -- -- --
04/25/2024 04/25/24 For Sale $93,000 -- $60 / 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 $2,625 $55,100 $0 $0
2024 $2,625 $47,700 $0 $0
2023 $2,552 $37,900 $0 $0
2022 $2,740 $28,600 $0 $0
2021 $1,521 $21,300 $0 $0
2020 $1,520 $17,600 $0 $0
2019 $1,497 $14,200 $0 $0
2018 $1,144 $12,400 $0 $0
2017 $218 $13,100 $0 $0
2016 $1,254 $20,000 $0 $0
2015 $1,340 $13,400 $0 $0
2013 $1,775 $18,804 $0 $0
2010 -- $24,936 $661 $24,275
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20240027436

Realcomp

APN: 16-042104