$29,000
SOLD MAR 9, 2017
3 Beds
2 Baths
1,332 Sq Ft
3,920 Sq Ft Lot

Recently Sold

$22 Per Sq Ft

17% Below List Price

131 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Detached Garage
  • Forced Air Heating System
  • Cass Technical High School Rated 10
  • Bungalow
  • 4-minute walk to The Pit

About This Home

As of May 2022

ATTENTION ALL INVESTORS GREAT ROI-Beautiful 3 BDR 2 BTH Mutli-Family brick home. Home features fenced yard, 2 car detached garage, ceiling fans, and custom woodwork in Upper 1 BDR unit. Separate meters for heat/electric, shared water. Updated within the last 12 mos for rental. Lower 2 BDR tenant occupied with $550/ Month lease. Upper unit rented for $450/ Month. $1000/Month Income producing property. Do not Disturb Tenants. Perfect for addition to Rental Portfolio. Property is located just minutes outside of Hamtramck and I-75. Property is situated on a very favorable block walking distance to shopping, restaurants and various churches.

Last Agent to Sell the Property

Dominick Procopio

RE/MAX First License #MISPE-6501371109 Listed on: 10/18/2016

RE/MAX First

Last Buyer's Agent

. Non Mls Member

NON MLS Member License #MISPE

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1929

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 35x112

Parking

  • 2 Car Detached Garage

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 1.5-Story Property
  • Ceiling Fan
  • Wood Flooring
  • Basement
  • Block Basement Construction

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Separate Meters

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 09014508.

Property Details

Home Type

Multi-Family

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Originating MLS: MI Real Source
  • Class: MULTIFAMILY
  • Type: 1 To 4 Units
  • Type Of Property: Multi-Family
  • Structure Style: 1 1/2 Story
  • Styles: Bungalow
  • Total Tax Amount: 1021.66
  • Year Built: 1929
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Hardwood Floors
  • Basement: Yes
  • Basement Type: Block
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Dining Kitchen: Eat-In Kitchen
  • Source of Sq Ft: Public Records
  • Estimated Sq Ft: 1332

Exterior Features

  • Construction: Brick, Vinyl Siding
  • Frontage: 35
  • Foundation Type: Basement
  • Roads: City/County, Paved Street

Garage/Parking

  • Garage Type: Basement, Detached Garage
  • Garage Spaces: 2

Utilities

  • Water: Public Water
  • Cooling System: Ceiling Fan(s)
  • Fuel Type: Natural Gas
  • Heating System: Forced Air
  • Separate Electric: Yes
  • Separate Gas: Yes
  • Separate Heat: Yes
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessments: 340
  • Assessments: Yes
  • Assessor Parcel Number: 09014508.
  • Location: Subdivision
  • Lot Dimensions: 35x112
  • Acreage: 0.09
  • Zoning: Multi-Family
  • Geo Subdivision: MI

Rental Info

  • Landlord Pays: Gas

Multi Family

  • Total Units: 2

Tax Info

  • Total Tax: Amount: $1,021.66

MLS Schools

  • School District: Detroit City School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2022
Closed on
May 13, 2022
Sold by
Fauvel Gouraud Distribution Llc
Bought by
Poole Kelly and Poole Lucy
Seller's Agent
Robert Kabbani
Keller Williams Legacy
Buyer's Agent
Robert Kabbani
Keller Williams Legacy
List Price
$69,900
Sold Price
$64,000
Premium/Discount to List
-$5,900
-8.44%
Current Estimated Value
$77,583

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,583
Avg. Annual Appreciation
8.58%

Purchase Details

Listed on
Oct 18, 2016
Closed on
Mar 6, 2017
Sold by
Manning Choi Llc
Bought by
Fauvel Gourand Distribution Llc
Seller's Agent
Dominick Procopio
RE/MAX First
Buyer's Agent
. Non Mls Member
NON MLS Member
List Price
$34,750
Sold Price
$29,000
Premium/Discount to List
-$5,750
-16.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.51%

Purchase Details

Listed on
Aug 21, 2014
Closed on
Feb 24, 2015
Sold by
Fannie Mae
Bought by
Manning Choi Llc
Seller's Agent
Meghan Schubring
Pearl Real Estate
Buyer's Agent
Dominick Procopio
RE/MAX First
List Price
$27,500
Sold Price
$11,300
Premium/Discount to List
-$16,200
-58.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
58.73%

Purchase Details

Closed on
Jun 3, 2014
Sold by
Stephens Eugene and Stephens Willie D
Bought by
Federal National Mortgage Association
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 Type Sale Price Title Company
Warranty Deed $64,000 V1 Title Agency
Warranty Deed $29,000 None Available
Deed $11,300 Parks Title
Deed In Lieu Of Foreclosure $52,544 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $68,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2022 05/13/22 Sold $64,000 -8.4% $48 / Sq Ft
03/07/2022 03/07/22 Pending -- -- --
01/27/2022 01/27/22 For Sale $69,900 +141.0% $52 / Sq Ft
03/09/2017 03/09/17 Sold $29,000 -16.5% $22 / Sq Ft
02/26/2017 02/26/17 Pending -- -- --
10/18/2016 10/18/16 For Sale $34,750 +207.5% $26 / Sq Ft
02/24/2015 02/24/15 Sold $11,300 -58.9% $8 / Sq Ft
02/05/2015 02/05/15 Pending -- -- --
08/21/2014 08/21/14 For Sale $27,500 -- $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 $1,073 $19,400 $0 $0
2024 $1,073 $13,300 $0 $0
2023 $1,041 $10,400 $0 $0
2022 $1,036 $8,700 $0 $0
2021 $816 $6,600 $0 $0
2020 $960 $8,300 $0 $0
2019 $947 $8,400 $0 $0
2018 $841 $7,800 $0 $0
2017 $142 $7,500 $0 $0
2016 $1,123 $31,600 $0 $0
2015 $906 $10,300 $0 $0
2013 $878 $12,860 $0 $0
2010 -- $18,855 $746 $18,109
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31305839

Michigan Multiple Listing Service

APN: 09-014508