$38,500
SOLD JAN 15, 2025
4 Beds
2 Baths
1,852 Sq Ft
3,049 Sq Ft Lot

Recently Sold

$21 Per Sq Ft

4% Above List Price

33 Days on Market

Highlights

  • Porch
  • Forced Air Heating System
  • Dogs and Cats Allowed
  • Cass Technical High School Rated 10
  • Laundry Facilities
  • 3-minute walk to The Pit

About This Home

As of January 2025

Great investment opportunity in the Cadillac Heights neighborhood! This two-unit multifamily home features spacious 2-bedroom, 1-bath units, each offering comfortable living spaces. The property is nearly move-in ready and was occupied as recently as a month ago.It features new exterior and security doors, with the potential to install 2 furnaces and one water heater at closing. While the home does require some exterior work on the siding and fascia boards, it presents an excellent opportunity for customization and added value. Whether you're looking to grow your investment portfolio or live in one unit while renting the other, this property has tremendous potential. Don’t miss out on this promising opportunity!

Last Agent to Sell the Property

T.J Brisbois

Wise Property Buyers License #6502432631 Listed on: 12/13/2024

Last Buyer's Agent

T.J Brisbois

Wise Property Buyers License #6502432631 Listed on: 12/13/2024

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1921

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 30.00 x 100.00
  • Fenced

Home Design

  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2 Full Bathrooms
  • 1,852 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Parking

  • 2 Parking Spaces
  • On-Street Parking

Outdoor Features

  • Exterior Lighting
  • Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number W09I015487S

Community Details

Overview

  • 2 Units
  • Oakdale Subdivision

Amenities

  • Laundry Facilities

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Multi-Family

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Assessment: 350.00
  • Year Built: 1921
  • State Equalized Value: 18100.0000
  • Pets Allowed: Cats OK, Dogs OK
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Laundry Facility
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 1852
  • Total Sq Ft: 1852
  • Sq Ft Total Bsmt: 926

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Exterior Features: Lighting, Fenced
  • Foundation Materials: Block
  • Frontage Feet: 30
  • Porch Type: Porch
  • Road Frontage Type: Paved
  • Fencing: Fenced

Garage/Parking

  • MF Parking: On Street
  • Total Parking Spaces: 2

Utilities

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

Schools

  • School District: Detroit

Lot Info

  • Lot Size Area: 0.07
  • Lot Dimensions: 30.00 x 100.00
  • Parcel Number: W09I015487S
  • Zoning: Residential

Rental Info

  • Deposit Amount: 15000.00
  • Monthly Rental Income: 2000

Tax Info

  • Tax Amount Summer: 1248.0000
  • Tax Amount Winter: 138.0000
  • Total Tax: 1386.0000
  • Taxable Value: 15330.0000

Multi Family

  • Gross Scheduled Income: 24000.00
  • Number Of Units Total: 2
  • Number of Two Bedroom Units: 2

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2024
Closed on
Jan 15, 2025
Sold by
Michigan Active Buyer Llc
Bought by
Ohees Investments Llc
Seller's Agent
T.J Brisbois
Wise Property Buyers
Buyer's Agent
T.J Brisbois
Wise Property Buyers
List Price
$37,000
Sold Price
$38,500
Premium/Discount to List
$1,500
4.05%
Views
65
Current Estimated Value
$40,321

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,821
Avg. Annual Appreciation
9.29%

Purchase Details

Closed on
May 24, 2024
Sold by
Austin Ato
Bought by
Michigan Active Buyer Llc

Purchase Details

Closed on
Mar 10, 2022
Sold by
Branden Wilson
Bought by
Austin Ato

Purchase Details

Closed on
Jun 29, 2020
Sold by
District Of Detroit
Bought by
Wilson Branden and Bassett Marton

Purchase Details

Closed on
Feb 11, 2020
Sold by
Gray Ashley
Bought by
Mayfield Britnee

Purchase Details

Closed on
Nov 1, 2017
Sold by
Ebiony Slene
Bought by
The Detroit District
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 $38,500 None Listed On Document
Warranty Deed $38,500 None Listed On Document
Warranty Deed $19,000 None Listed On Document
Quit Claim Deed -- None Listed On Document
Quit Claim Deed $2,000 None Available
Quit Claim Deed $5,000 None Available
Quit Claim Deed -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2025 01/15/25 Sold $38,500 +4.1% $21 / Sq Ft
01/15/2025 01/15/25 Pending -- -- --
12/13/2024 12/13/24 For Sale $37,000 -- $20 / 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 $1,148 $18,100 $0 $0
2023 $1,113 $14,600 $0 $0
2022 $798 $10,300 $0 $0
2021 $912 $7,700 $0 $0
2020 $1,020 $9,800 $0 $0
2019 $1,105 $9,800 $0 $0
2018 $990 $8,800 $0 $0
2017 $157 $8,500 $0 $0
2016 $1,070 $37,400 $0 $0
2015 $818 $14,300 $0 $0
2013 $792 $17,880 $0 $0
2010 -- $26,215 $596 $25,619
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20240092088

Realcomp

APN: 09-015487