NOT LISTED FOR SALE

1718 Van Dyke St Detroit, MI 48214

Estimated Value: $364,000 - $423,000

8 Beds
4 Baths
2,800 Sq Ft
$139/Sq Ft Est. Value

Last Sold April 05, 2019

Last sale price $231,000 $82 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $2,367/month

174 Days on Market

Highlights

  • Covered Patio or Porch
  • Forced Air Heating System
  • 2-minute walk to West Village Bark Park
  • Cass Technical High School Rated 10

About This Home

As of April 2019

West Village Investment Opportunity. 1718 Van Dyke is a four unit building featuring all two bedroom units. Its one of the best buys in West Village right now. As the pricing indicates this property needs to be refurbished, but has the potential to be an extremely efficient multifamily with each unit sized at about 700sf. walk to Craftwork, Marrow, Detroit Vegan Soul, The Red Hook and many more neighborhood businesses, ride or Run the Belle Isle and the river walk and a short ride to Downtown and Midtown.

Last Agent to Sell the Property

Bill Swanson

O'Connor Realty Detroit, LLC License #6501381221 Listed on: 10/06/2018

Last Buyer's Agent

Thomas Ihrie

Signature Sotheby's International Realty GPF License #RCO-6501373154

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1912

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 30.00x158.42

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Brick Foundation
  • Asphalt Roof

Interior Spaces

  • 4 Full Bathrooms
  • 2,800 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Parking

  • 4 Parking Spaces
  • Off-Site Parking

Outdoor Features

  • Covered Patio or Porch

Utilities

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

Community Details

  • 4 Units
  • Hoggs Subdivision

Listing and Financial Details

  • Assessor Parcel Number W17I009196S

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$765

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Quadruplex
  • Architecture Level: 2 Story
  • Year Built: 1912
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement: Yes
  • Basement Type: Common, Unfinished
  • Sq Ft Combined: 2800
  • Total Sq Ft: 2800
  • Sq Ft Total Bsmt: 750

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick Veneer (Brick Siding)
  • Foundation Materials: Brick/Mortar
  • Frontage Feet: 30
  • Porch Type: Porch - Covered
  • Road Frontage Type: Paved

Garage/Parking

  • MF Parking: Off Site
  • Total Parking Spaces: 4

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 2327272.7273
  • Lot Size Area: 0.11
  • Lot Dimensions: 30.00X158.42
  • Parcel Number: W17I009196S
  • Zoning: Multi-Family
  • Percent Homestead Exempt: Yes

Rental Info

  • Monthly Rental Income: 4800

Tax Info

  • Tax Amount Summer: 707.0000
  • Tax Amount Winter: 58.0000
  • Total Tax: 765.0000

Multi Family

  • Number Of Units Total: 4
  • Unit Count: 1
  • Number of Two Bedroom Units: 4

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2018
Closed on
Apr 5, 2019
Sold by
Oss Vadim
Bought by
Mcgraw Savage Properties Llc
Seller's Agent
Bill Swanson
O'Connor Realty Detroit, LLC
Buyer's Agent
Thomas Ihrie
Signature Sotheby's International Realty GPF
List Price
$264,000
Sold Price
$231,000
Premium/Discount to List
-$33,000
-12.5%
Current Estimated Value
$389,868

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,868
Avg. Annual Appreciation
7.85%

Purchase Details

Listed on
Mar 24, 2018
Closed on
Jul 26, 2018
Sold by
Sakowski Walter
Bought by
Ops Vesta Deverraw Trust
Seller's Agent
Adrienne Stewart
Keller Williams Home
Buyer's Agent
Adrienne Stewart
Keller Williams Home
List Price
$149,000
Sold Price
$160,000
Premium/Discount to List
$11,000
7.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
92.67%
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
Mcgraw Savage Properties Llc $231,000 None Available
Ops Vesta Deverraw Trust $160,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2019 04/05/19 Sold $231,000 -9.8% $83 / Sq Ft
03/29/2019 03/29/19 Pending -- -- --
03/25/2019 03/25/19 Price Changed $256,000 -3.0% $91 / Sq Ft
03/04/2019 03/04/19 For Sale $264,000 0.0% $94 / Sq Ft
02/26/2019 02/26/19 Pending -- -- --
02/07/2019 02/07/19 Price Changed $264,000 -3.6% $94 / Sq Ft
01/08/2019 01/08/19 Price Changed $274,000 -3.9% $98 / Sq Ft
01/02/2019 01/02/19 Price Changed $285,000 -3.4% $102 / Sq Ft
11/30/2018 11/30/18 Price Changed $295,000 -1.3% $105 / Sq Ft
10/26/2018 10/26/18 Price Changed $299,000 -8.0% $107 / Sq Ft
10/22/2018 10/22/18 Price Changed $325,000 -7.1% $116 / Sq Ft
10/06/2018 10/06/18 For Sale $350,000 +118.8% $125 / Sq Ft
09/14/2018 09/14/18 Sold $160,000 +7.4% $57 / Sq Ft
03/31/2018 03/31/18 Pending -- -- --
03/24/2018 03/24/18 For Sale $149,000 -- $53 / 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 $2,921 $172,700 $0 $0
2024 $2,921 $145,400 $0 $0
2023 $2,839 $110,700 $0 $0
2022 $3,051 $94,600 $0 $0
2021 $2,958 $40,100 $0 $0
2020 $2,957 $30,700 $0 $0
2019 $2,302 $23,300 $0 $0
2018 $707 $21,100 $0 $0
2017 $116 $17,600 $0 $0
2016 $769 $9,300 $0 $0
2015 $604 $9,300 $0 $0
2013 $585 $9,789 $0 $0
2010 -- $14,352 $358 $13,994
Source: Public Records

Agents Affiliated with this Home

  • Bill Swanson

    Seller's Agent in 2019

    Bill Swanson

    O'Connor Realty Detroit, LLC

    (313) 506-5471

    113 Total Sales

    Bill Swanson
    Section Image

  • T

    Buyer's Agent in 2019

    Thomas Ihrie

    Signature Sotheby's International Realty GPF

    (586) 541-4000

    13 Total Sales

    Thomas Ihrie
    Section Image
  • Adrienne Stewart

    Seller's Agent in 2018

    Adrienne Stewart

    Keller Williams Home

    (248) 212-3765

    96 Total Sales

    Adrienne Stewart
    Section Image
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Map

Source: Realcomp

MLS Number: 218097491

Realcomp

APN: 17-009196

Michigan Wayne County Detroit 48214

1718 Van Dyke St, Detroit, MI

This home is located at 1718 Van Dyke St, Detroit, MI 48214 since 06 October 2018 and is currently estimated at $389,868, approximately $139 per square foot. This property was built in 1912. 1718 Van Dyke St is a home located in Wayne County with nearby schools including Nichols Elementary-Middle School, Charles L. Spain Elementary-Middle School, and Edward 'Duke' Ellington Conservatory of Music and Art.

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.

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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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