NOT LISTED FOR SALE

Estimated Value: $114,000 - $138,000

4 Beds
2 Baths
2,702 Sq Ft
$47/Sq Ft Est. Value

Last Sold February 18, 2021

Last sale price $86,000 $32 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $953/month

98 Days on Market

Highlights

  • Deck
  • Forced Air Heating System
  • 1 Car Garage
  • Cass Technical High School Rated 10

About This Home

As of February 2021

AFFORDABLE WELL MAINTAINED 2 FAMILY FLAT LOCATED JUST OUTSIDE OF ROSEDALE PARK. THIS LARGE 2 UNIT HOME BOASTS LOADS OF CHARACTER. CLOSE TO SHOPPING, DINING, FREEWAYS, SCHOOLS, PARKS, PUBLIC LIBRARY, PUBLIC TRANSPORTATION AND MUCH MORE. UPPER UNIT HAS A DECK OFF TO THE SIDE WITH GREAT VIEWS TO THE FRONT AND REAR OF HOME! THIS COMPLEX HAS LOADS OF POTENTIAL AND IS PRICED TO ELL FAST! BOTH UNITS ARE CURRENTLY RENTED.

Last Agent to Sell the Property

Marcus Edwards

Redfin Corporation License #6501309672 Listed on: 10/06/2020

Redfin Corporation

Last Buyer's Agent

Paul Scott

Ambassador Real Estate Inc License #6501419939

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1929

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 50.00x138.00

Parking

  • 1 Car Garage

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • 2 Full Bathrooms
  • 2,702 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number W22I106863S
  • $1,000 Seller Concession

Community Details

Overview

  • 2 Units
  • Redford Gardens No 2 Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,454

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 2 Story
  • Year Built: 1929
  • State Equalized Value: 22600.0000
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 2702
  • Total Sq Ft: 2702
  • Sq Ft Total Bsmt: 1180

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Brick
  • Porch Type: Deck
  • Road Frontage Type: Paved

Garage/Parking

  • MF Parking: Garages
  • Total Parking Spaces: 1

Utilities

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

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 530625.0000
  • Lot Size Area: 0.16
  • Lot Dimensions: 50.00X138.00
  • Parcel Number: W22I106863S
  • Zoning: Multi-Family
  • Percent Homestead Exempt: Yes

Rental Info

  • Monthly Rental Income: 1350

Tax Info

  • Tax Amount Summer: 1321.0000
  • Tax Amount Winter: 133.0000
  • Total Tax: 1454.0000
  • Taxable Value: 14028.0000

Multi Family

  • Gross Scheduled Income: 16200.00
  • Number Of Units Total: 2
  • Unit Count: 2
  • Number of Two Bedroom Units: 2
  • Number Of Units Leased: 2

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2020
Closed on
Feb 18, 2021
Sold by
Murray Anthony Matthew and Murray Bertha J
Bought by
Edwards Brenda L
Seller's Agent
Marcus Edwards
Redfin Corporation
Buyer's Agent
Paul Scott
Ambassador Real Estate Inc
List Price
$84,900
Sold Price
$86,000
Premium/Discount to List
$1,100
1.3%
Current Estimated Value
$123,110

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,110
Avg. Annual Appreciation
8.99%
Original Mortgage
$77,400
Outstanding Balance
$70,349
Interest Rate
2.87%
Mortgage Type
New Conventional
Estimated Equity
$56,019
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
Edwards Brenda L $86,000 Title Solutions Agency Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Edwards Brenda L $77,400
Previous Owner Murray Anthony Matthew $2,154
Previous Owner Murray Anthony Matthew $23,600
Previous Owner Murray Anthony Matthew $94,400
Previous Owner Murray Anthony Matthew $95,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/18/2021 02/18/21 Sold $86,000 +1.3% $32 / Sq Ft
01/13/2021 01/13/21 Pending -- -- --
10/06/2020 10/06/20 For Sale $84,900 -- $31 / 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 $3,347 $80,700 $0 $0
2024 $3,347 $70,000 $0 $0
2023 $3,501 $54,100 $0 $0
2022 $3,758 $39,100 $0 $0
2021 $1,605 $27,400 $0 $0
2020 $1,605 $28,100 $0 $0
2019 $1,454 $22,600 $0 $0
2018 $1,270 $18,600 $0 $0
2017 $255 $19,200 $0 $0
2016 $1,402 $15,700 $0 $0
2015 $1,570 $15,700 $0 $0
2013 $2,204 $22,043 $0 $0
2010 -- $31,584 $1,281 $30,303
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2200082748

Realcomp

APN: 22-106863