$180,000
SOLD SEP 6, 2024
6 Beds
2 Baths
2,877 Sq Ft
4,356 Sq Ft Lot

Recently Sold

$63 Per Sq Ft

16% Below List Price

58 Days on Market

Highlights

  • Colonial Architecture
  • Cass Technical High School Rated 10
  • Forced Air Heating System

About This Home

As of September 2024

Located in the Bagley District, 17392 & 17394 Wisconsin offers a compelling opportunity! The home features 2 well-designed 3-bed units, one on each the upper & lower level. With a projected rental rate of $1,600 per unit per month, this turnkey property is ready to be rented out & promises a strong & consistent cash flow. Additionally, the Bagley District is known for its historic charm & proximity to amenities, making this property even more appealing for those seeking to capitalize on Detroit's real estate market. This property can qualify for the down payment assistance program as well as the NEZ tax program. BTVAI

Last Agent to Sell the Property

Jeff Glover

KW Professionals License #6501317808 Listed on: 07/10/2024

KW Professionals

Co-Listed By

Sean Konja

KW Professionals License #6501408625

Last Buyer's Agent

Clarence Wilson

RCH Brokerage Legacy Inc License #6501327151

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1952

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 40.00 x 114.00

Home Design

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

Interior Spaces

  • 2 Full Bathrooms
  • 2,877 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number W16I034804S

Community Details

Overview

  • 2 Units
  • Santa Maria Park Sub Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Colonial, Duplex
  • Architecture Level: 2 Story
  • Assessment: 340.00
  • Year Built: 1952
  • State Equalized Value: 86200.0000
  • 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: 2877
  • Total Sq Ft: 2877
  • Sq Ft Total Bsmt: 1421

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block
  • Frontage Feet: 40
  • Road Frontage Type: Paved

Utilities

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

Schools

  • School District: Detroit

Lot Info

  • Lot Size Area: 0.10
  • Lot Dimensions: 40.00 x 114.00
  • Parcel Number: W16I034804S
  • Zoning: Multi-Family, Residential
  • Percent Homestead Exempt: Yes

Rental Info

  • Monthly Rental Income: 3200

Tax Info

  • Tax Amount Summer: 4786.8000
  • Tax Amount Winter: 585.7300
  • Total Tax: 5371.0000
  • Taxable Value: 62800.0000

Multi Family

  • Gross Scheduled Income: 38400.00
  • Number Of Units Total: 2
  • Number of Three Bedroom Units: 2

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2024
Closed on
Sep 6, 2024
Sold by
52 Bacus Properties Llc
Bought by
Lamitier Emmanuel
Seller's Agent
Jeff Glover
KW Professionals
Buyer's Agent
Clarence Wilson
RCH Brokerage Legacy Inc
List Price
$214,900
Sold Price
$180,000
Premium/Discount to List
-$34,900
-16.24%
Views
616
Current Estimated Value
$185,002

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,002
Avg. Annual Appreciation
3.24%

Purchase Details

Listed on
Aug 10, 2020
Closed on
Nov 3, 2020
Sold by
Cmac-Investments Inc and Cmac Investments
Bought by
52 Bacus Properties Llc
Seller's Agent
Jeff Glover
KW Professionals
Buyer's Agent
Sean Konja
KW Professionals
List Price
$99,900
Sold Price
$87,500
Premium/Discount to List
-$12,400
-12.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.66%

Purchase Details

Closed on
Jul 31, 2020
Sold by
Crossley Joseph
Bought by
Cmac Investments and Crossley

Purchase Details

Closed on
Nov 30, 2012
Sold by
Haynes Rodney E
Bought by
Crossley Joseph J

Purchase Details

Closed on
Dec 29, 2004
Sold by
Jefferson Melvia J
Bought by
Haynes Rodney E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,900
Interest Rate
5.87%
Mortgage Type
Unknown
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 $180,000 None Listed On Document
Warranty Deed $87,500 None Listed On Document
Warranty Deed $87,500 None Available
Quit Claim Deed -- None Listed On Document
Warranty Deed $22,500 First Centennial Title Agenc
Warranty Deed $122,400 Great Lakes Title Of Mi
Interfamily Deed Transfer -- Great Lakes Title Of Mi
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $97,900 Unknown
Previous Owner $18,300 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2024 09/06/24 Sold $180,000 -10.0% $63 / Sq Ft
09/06/2024 09/06/24 Pending -- -- --
07/10/2024 07/10/24 Price Changed $199,900 -7.0% $69 / Sq Ft
07/10/2024 07/10/24 For Sale $214,900 +145.6% $75 / Sq Ft
11/03/2020 11/03/20 Sold $87,500 -12.4% $30 / Sq Ft
09/23/2020 09/23/20 Pending -- -- --
08/10/2020 08/10/20 For Sale $99,900 -- $35 / 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
2024 $5,067 $108,600 $0 $0
2023 $5,175 $86,200 $0 $0
2022 $5,568 $78,400 $0 $0
2021 $5,490 $57,900 $0 $0
2020 $2,423 $47,600 $0 $0
2019 $2,384 $37,600 $0 $0
2018 $2,077 $29,600 $0 $0
2017 $419 $27,000 $0 $0
2016 $2,288 $47,300 $0 $0
2015 $2,310 $23,100 $0 $0
2013 $2,883 $28,834 $0 $0
2010 -- $40,020 $1,262 $38,758
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20240047777

Realcomp

APN: 16-034804