$115,000
SOLD AUG 3, 2022
4 Beds
2.5 Baths
2,438 Sq Ft
5,227 Sq Ft Lot

Recently Sold

$47 Per Sq Ft

4% Below List Price

90 Days on Market

Highlights

  • Colonial Architecture
  • Accessible Bedroom
  • Accessible Full Bathroom
  • Cass Technical High School Rated 10
  • Accessible Closets
  • Forced Air Heating System

About This Home

As of August 2022

Great Investment Opportunity in a great area. 2-Family Flat with Separate entrances, furnaces, laundry areas and water tanks in full basement with a lavatory. 2 Car garage. Screened rear patio on each unit. Needs a little refurbishing. Back on the market! Last buyer couldn't get their mortgage approved.

Last Agent to Sell the Property

Ronald Simpson

21st Century Elegant Homes License #6502431132 Listed on: 02/22/2022

Last Buyer's Agent

Charmaine Williams

21st Century Elegant Homes License #RCO-6501403178

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1950

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 44.00x120.00

Home Design

  • Duplex
  • Colonial Architecture
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 2,438 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom
  • Central Living Area
  • Accessible Closets

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number W16I019459S003L
  • $6,900 Seller Concession

Community Details

Overview

  • 2 Units
  • Assessors Detroit Plat No 7 Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,663

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Colonial, Duplex
  • Architecture Level: 2 Story
  • Assessment: 340
  • Year Built: 1950
  • State Equalized Value: 47300.0000
  • Accessibility Features: Accessible Bedroom, Accessible Central Living Area, Accessible Closets, Accessible Full Bath
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 2438
  • Total Sq Ft: 2438
  • Sq Ft Total Bsmt: 1200

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block
  • Frontage Feet: 44
  • Road Frontage Type: Paved

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)

Schools

  • School District: Detroit

Lot Info

  • Lot Size Area: 0.12
  • Lot Dimensions: 44.00X120.00
  • Parcel Number: W16I019459S003L
  • Zoning: Multi-Family
  • Percent Homestead Exempt: Yes

Rental Info

  • Monthly Rental Income: 1400

Tax Info

  • Tax Amount Summer: 1487.0000
  • Tax Amount Winter: 176.0000
  • Total Tax: 1663.0000
  • Taxable Value: 18854.0000

Multi Family

  • Gross Scheduled Income: 16800.00
  • Number Of Units Total: 2
  • Unit Count: 1
  • Number of Two Bedroom Units: 2

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2022
Closed on
Jul 18, 2022
Sold by
Pensco Trust Company
Bought by
Williams Charmaine
Seller's Agent
Ronald Simpson
21st Century Elegant Homes
Buyer's Agent
Charmaine Williams
21st Century Elegant Homes
List Price
$120,000
Sold Price
$115,000
Premium/Discount to List
-$5,000
-4.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.46%
Original Mortgage
$112,917
Outstanding Balance
$108,321
Interest Rate
5.78%
Mortgage Type
FHA
Estimated Equity
$80,177

Purchase Details

Closed on
Jan 10, 2007
Sold by
Garner Ruth
Bought by
Novastar Mortgage Inc
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
Warranty Deed $115,000 Title One
Sheriffs Deed $118,698 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $112,917 FHA
Previous Owner $144,000 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/13/2025 07/13/25 For Sale $175,000 0.0% $72 / Sq Ft
08/01/2024 08/01/24 Rented $1,100 +10.0% --
07/29/2024 07/29/24 Under Contract -- -- --
05/11/2024 05/11/24 Price Changed $1,000 -9.1% $0 / Sq Ft
03/20/2024 03/20/24 Price Changed $1,100 +10.0% $0 / Sq Ft
03/04/2024 03/04/24 For Rent $1,000 0.0% --
08/28/2023 08/28/23 Rented $1,000 0.0% --
04/18/2023 04/18/23 Under Contract -- -- --
04/01/2023 04/01/23 Price Changed $1,000 -9.1% $0 / Sq Ft
03/25/2023 03/25/23 For Rent $1,100 +12.8% --
02/24/2023 02/24/23 Rented $975 -2.5% --
02/07/2023 02/07/23 Under Contract -- -- --
02/03/2023 02/03/23 Price Changed $1,000 +2.6% $0 / Sq Ft
02/01/2023 02/01/23 Price Changed $975 -18.8% $0 / Sq Ft
01/30/2023 01/30/23 Price Changed $1,200 +9.1% $0 / Sq Ft
01/30/2023 01/30/23 For Rent $1,100 0.0% --
08/03/2022 08/03/22 Sold $115,000 -4.2% $47 / Sq Ft
05/24/2022 05/24/22 Pending -- -- --
05/18/2022 05/18/22 Price Changed $120,000 0.0% $49 / Sq Ft
05/18/2022 05/18/22 For Sale $120,000 +9.1% $49 / Sq Ft
03/05/2022 03/05/22 Pending -- -- --
02/22/2022 02/22/22 For Sale $110,000 -- $45 / 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 $5,922 $105,500 $0 $0
2024 $5,922 $92,600 $0 $0
2023 $6,006 $73,600 $0 $0
2022 $2,042 $63,900 $0 $0
2021 $1,986 $47,300 $0 $0
2020 $1,985 $38,900 $0 $0
2019 $1,955 $30,600 $0 $0
2018 $1,712 $27,200 $0 $0
2017 $331 $24,900 $0 $0
2016 $1,879 $44,500 $0 $0
2015 $1,820 $18,200 $0 $0
2013 $2,279 $22,788 $0 $0
2010 -- $31,627 $1,411 $30,216
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2220011642

Realcomp

APN: 16-01-945-90-03L