NOT LISTED FOR SALE

17166 Ontario St Detroit, MI 48224

Cornerstone Village Neighborhood

Estimated Value: $81,000 - $127,000

6 Beds
2 Baths
1,688 Sq Ft
$57/Sq Ft Est. Value

Last Sold October 23, 2013

Last sale price $27,000 $16 Per Sq Ft

Est. 258% increase in value since last sale

Current estimated payment $768/month

70 Days on Market

About This Home

As of October 2013

AWESOME INVESTMENT OPPORTUNITY! TWO UNIT MULTIFAMILY IN EAST ENGLISH VILLAGE. BOTH UNITS HAVE THREE BEDROOMS, KITCHEN, LIVING ROOM, BATH AND ONE CAR DETACHED GARAGE. NEWER ROO, FURNACE, THERMAL WINDOWS, PAINT CARPET AND HARDWOOD FLOORS AND PARTIALLY FINISHED BASEMENT. ONE UNIT IS CURRENTLY OCCUPIED WITH TENANT.

Last Agent to Sell the Property

Pamela Easley

First Millennium Real Estate Inc License #MISPE-6502111676 Listed on: 05/29/2013

Last Buyer's Agent

Larry Else

R.E. Professional Services,Inc License #MISPE-6501334363

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1944

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 32 x 107

Parking

  • 2 Car Garage

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • 2-Story Property
  • Separate Meters
  • Partially Finished Basement

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number W21I002067S

Property Details

Home Type

Multi-Family

Year Built

Built in 1944

Lot Details

0

Listing Details

  • Originating MLS: MI Real Source
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Total Tax Amount: 2256
  • Total Tax Year: 2012
  • Year Built: 1944
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Yes
  • Basement Type: Partially Finished
  • Bedrooms: 6
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Estimated Sq Ft: 1688

Exterior Features

  • Foundation Type: Basement

Garage/Parking

  • Garage Spaces: 2

Utilities

  • Water: Public Water
  • Separate Electric: Yes
  • Separate Gas: Yes
  • Separate Heat: Yes
  • Separate Water: Yes
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessments: 771.69
  • Assessments: Yes
  • Assessor Parcel Number: W21I002067S
  • Lot Dimensions: 32 X 107
  • Acreage: 0.08
  • Map Side Numeric: 4
  • Map Top Alpha: AH
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2012, Amount: $1,770.00
  • Winter Tax: Year: 2012, Amount: $486.00
  • Total Tax: Year: 2012, Amount: $2,256.00

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Detroit City School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 19, 2022
Sold by
Wayne County Treasurer
Bought by
Peter James Management Llc
Current Estimated Value
$96,691

Purchase Details

Closed on
Jan 9, 2015
Sold by
5 Choices Llc
Bought by
B & B Real Estate Investors Llc

Purchase Details

Closed on
Oct 1, 2014
Sold by
Dr Congo Llc
Bought by
5 Choices Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
4.19%
Mortgage Type
Commercial

Purchase Details

Listed on
May 29, 2013
Closed on
Oct 18, 2013
Sold by
Metro Detroit Home Solutions Llc
Bought by
Dr Congo Llc
Seller's Agent
Pamela Easley
First Millennium Real Estate Inc
Buyer's Agent
Larry Else
R.E. Professional Services,Inc
List Price
$35,000
Sold Price
$27,000
Premium/Discount to List
-$8,000
-22.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.26%
Original Mortgage
$43,000
Interest Rate
4.5%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Listed on
May 29, 2013
Closed on
Oct 9, 2013
Sold by
Gardiner Christopher and Gardiner Kelle
Bought by
Metro Detroit Home Solutions Llc
Seller's Agent
Pamela Easley
First Millennium Real Estate Inc
Buyer's Agent
Larry Else
R.E. Professional Services,Inc
List Price
$35,000
Sold Price
$27,000
Premium/Discount to List
-$8,000
-22.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,000
Interest Rate
4.5%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Mar 28, 2008
Sold by
Anatole Llc
Bought by
Gardiner Christopher
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
Peter James Management Llc $16,000 --
B & B Real Estate Investors Llc $84,000 None Available
5 Choices Llc -- Attorney
Dr Congo Llc $42,000 None Available
Metro Detroit Home Solutions Llc -- None Available
Gardiner Christopher $21,000 Greco
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner B & N Real Estate Investors Llc $65,000
Previous Owner Dr Congo Llc $43,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2013 10/23/13 Sold $27,000 -22.9% $16 / Sq Ft
08/07/2013 08/07/13 Pending -- -- --
05/29/2013 05/29/13 For Sale $35,000 -- $21 / 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
2025 $2,887 $40,400 $0 $0
2024 $2,887 $35,000 $0 $0
2023 $813 $26,000 $0 $0
2022 $860 $20,800 $0 $0
2021 $839 $16,300 $0 $0
2020 $839 $14,600 $0 $0
2019 $828 $12,400 $0 $0
2018 $740 $11,700 $0 $0
2017 $121 $12,000 $0 $0
2016 $900 $7,400 $0 $0
2015 $740 $7,400 $0 $0
2013 $1,605 $16,047 $0 $0
2010 -- $23,527 $756 $22,771
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2013

    Pamela Easley

    First Millennium Real Estate Inc

    Section Image

  • L

    Buyer's Agent in 2013

    Larry Else

    R.E. Professional Services,Inc

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31150174

Michigan Multiple Listing Service

APN: 21-002068

Michigan Wayne County Detroit 48224 Cornerstone Village

17166 Ontario St, Detroit, MI

This home is located at 17166 Ontario St, Detroit, MI 48224 since 29 May 2013 and is currently estimated at $96,691, approximately $57 per square foot. This property was built in 1944. 17166 Ontario St is a home located in Wayne County with nearby schools including Marquette Elementary-Middle School, Edward 'Duke' Ellington Conservatory of Music and Art, and Charles L. Spain Elementary-Middle School.

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Michigan Multiple Listing Service Source MLS: MiRealSource
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