NOT LISTED FOR SALE

1735 E Granet Ave Hazel Park, MI 48030

Estimated Value: $210,000 - $287,000

2 Beds
2 Baths
1,220 Sq Ft
$208/Sq Ft Est. Value

Last Sold April 23, 2025

Last sale price $280,000 $230 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $1,844/month

3 Days on Market

About This Home

As of April 2025

Built in 1959 as rental property, completely renovated by current owner from the studs out in the last five years, including all interior fixtures and finishes, all mechanicals (separate HVAC and HWH for each unit), roof, driveways, attractive low upkeep landscaping. Current monthly rental income reflects occasional use as Airbnb. In the past the units have been offered for rent on annual basis, also used as short term furnished corporate housing. Separate meters for gas, electric, water for each unit. This is a 100% turnkey building that should require only minor routine maintenance in the foreseeable future. BTVAI

Last Agent to Sell the Property

Andrea Stephan

The Stephan Group License #6502432679 Listed on: 03/24/2025

Last Buyer's Agent

Andrea Stephan

The Stephan Group License #6502432679 Listed on: 03/24/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1959 | Remodeled in 2022

Lot Details

  • 6,708

Parking

  • On-Street Parking

Home Design

  • 1,220 Sq Ft Home
  • Ranch Style House
  • Brick Exterior Construction
  • Slab Foundation

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Additional Features

  • 2 Full Bathrooms
  • Lot Dimensions are 50x111

Listing and Financial Details

  • Assessor Parcel Number 282536281019

Community Details

Overview

  • 2 Units
  • Fair Oaks Sub Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,300

Year Built

Built in 1959 | Remodeled in 2022

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1959
  • State Equalized Value: 70500.0000
  • Year Renovated: 2022
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Total Sq Ft: 1220

Exterior Features

  • Foundation Details: Slab
  • Construction Materials: Brick
  • Road Frontage Type: Paved

Garage/Parking

  • MF Parking: On Street

Utilities

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

Lot Info

  • Lot Dimensions: 50x111
  • Parcel Number: 282536281019
  • Zoning: Multi-Family

Rental Info

  • Monthly Rental Income: 3300

Tax Info

  • Tax Amount Summer: 6092.8800
  • Tax Amount Winter: 208.7000
  • Total Tax: 6300.0000

Multi Family

  • Gross Scheduled Income: 39600.00
  • Number Of Units Total: 2

MLS Schools

  • School District: Hazel Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2025
Closed on
Apr 23, 2025
Sold by
1735 East Granet Llc
Bought by
Garcia Patrick L
Seller's Agent
Andrea Stephan
The Stephan Group
Buyer's Agent
Andrea Stephan
The Stephan Group
List Price
$275,000
Sold Price
$280,000
Premium/Discount to List
$5,000
1.82%
Views
9
Current Estimated Value
$253,725

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$26,275
Avg. Annual Appreciation
-12.31%
Original Mortgage
$182,000
Outstanding Balance
$180,702
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$73,023

Purchase Details

Closed on
Dec 8, 2023
Sold by
Riben Pemina and Riben Russell
Bought by
1735 East Granet Llc

Purchase Details

Listed on
Apr 20, 2023
Closed on
May 19, 2023
Sold by
1735 E Granet Llc
Bought by
Riben Russell and Riben Pemina
Seller's Agent
Susan Carter
Sine & Monaghan, LLC
Buyer's Agent
Christina Gennari
KW Domain
List Price
$264,900
Sold Price
$262,500
Premium/Discount to List
-$2,400
-0.91%
Views
164

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.26%
Original Mortgage
$191,250
Interest Rate
6.39%

Purchase Details

Closed on
Apr 27, 2022
Sold by
Jole Llc
Bought by
1735 E Granet Llc

Purchase Details

Closed on
Dec 28, 2015
Sold by
Cities For Urban Revitalization & Enchan
Bought by
Jole Llc

Purchase Details

Closed on
Nov 5, 2015
Sold by
City Of Hazel Park
Bought by
Cure Land and Cities For Urban Revitalization & Enhanc

Purchase Details

Closed on
Sep 26, 2014
Sold by
Oakland County Treasurer
Bought by
City Of Hazel Park

Purchase Details

Closed on
Sep 8, 2011
Sold by
Pattabhi Anna
Bought by
Black Tom C

Purchase Details

Closed on
Apr 30, 2008
Sold by
Kerr Frank C
Bought by
Pattabhi Anna

Purchase Details

Closed on
Oct 20, 2003
Sold by
Saboojian George A and Nader Richard J
Bought by
Farrah Albert E and Farrah Deborah S

Purchase Details

Closed on
Nov 13, 2001
Sold by
Saboonjian George
Bought by
Farrah Albert E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Garcia Patrick L $280,000 Old Woodward Title
1735 East Granet Llc -- None Listed On Document
Riben Russell $262,500 None Listed On Document
1735 E Granet Llc -- None Listed On Document
1735 E Granet Llc -- None Listed On Document
Jole Llc $25,426 None Available
Cure Land -- Attorney
City Of Hazel Park $21,426 None Available
Black Tom C -- None Available
Pattabhi Anna -- None Available
Farrah Albert E $100,000 Great Lakes Title Michigan
Kerr Frank C $109,000 Great Lakes Title Michigan
Farrah Albert E $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Patrick L $182,000
Previous Owner Riben Russell $191,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/23/2025 04/23/25 Sold $280,000 +1.8% $230 / Sq Ft
03/27/2025 03/27/25 Pending -- -- --
03/24/2025 03/24/25 For Sale $275,000 +4.8% $225 / Sq Ft
05/19/2023 05/19/23 Sold $262,500 -0.9% $215 / Sq Ft View Prior Sale
04/28/2023 04/28/23 Pending -- -- --
04/20/2023 04/20/23 For Sale $264,900 -- $217 / Sq Ft
Source: Realcomp

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 $6,302 $78,180 $0 $0
2024 $6,093 $70,500 $0 $0
2023 $3,388 $55,580 $0 $0
2022 $3,350 $49,000 $0 $0
2021 $3,285 $43,540 $0 $0
2020 $3,214 $38,590 $0 $0
2019 $3,243 $35,240 $0 $0
2018 $3,165 $32,090 $0 $0
2017 $3,088 $30,340 $0 $0
2016 $267 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $23,450 $0 $0
2011 -- $33,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2025

    Andrea Stephan

    The Stephan Group

    (586) 216-6990

    7 in this area

    54 Total Sales

    Andrea Stephan
    Section Image
  • Susan Carter

    Seller's Agent in 2023

    Susan Carter

    Sine & Monaghan, LLC

    (248) 766-0925

    2 in this area

    54 Total Sales

    Susan Carter
    Section Image
  • Christina Gennari

    Buyer's Agent in 2023

    Christina Gennari

    KW Domain

    (248) 550-4788

    5 in this area

    541 Total Sales

    Christina Gennari
    Section Image
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Map

Source: Realcomp

MLS Number: 20250019714

Realcomp

APN: 25-36-281-019

Michigan Oakland County Hazel Park 48030

1735 E Granet Ave, Hazel Park, MI

Not Listed for Sale

MultiFamily

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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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