NOT LISTED FOR SALE

Estimated Value: $224,000 - $290,000

6 Beds
2 Baths
2,863 Sq Ft
$88/Sq Ft Est. Value

Last Sold December 28, 2020

Last sale price $180,000 $63 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $1,802/month

20 Days on Market

Highlights

  • Colonial Architecture
  • Balcony
  • Forced Air Heating System
  • Cass Technical High School Rated 10
  • Enclosed Patio or Porch
  • Fenced

About This Home

As of December 2020

Classic all-brick duplex in highly regarded Bagley now awaiting its new owner! With 3 bedrooms, dining room, living room, kitchen and full bath in each unit and a basement as big as a bowling alley, this over-2800 sq ft sanctuary has great potential for an investment by either choosing your next tenant or living here yourself with the tenants contributing to the monthly note. Current 2nd floor tenants have a proven track record and are quiet, reliable and pleasant. Planted in bustling Bagley, you are minutes away from THEE Avenue of Fashion, U of D, Kuzzo's, Bucharest, Lou's Deli, Narrow Way, Good Cakes, Noni's, and the downtown areas of Fabulous Ferndale, Royal Oak and the New Detroit. Newer kitchens, windows, furnaces and hot water heaters; refurbished orignal hardwood flooring, fireplaces, SS appliances are some of the amenities that make this not just an investment, but a place to call home. Home warranty included for peace of mind.

Last Agent to Sell the Property

Quin D'Amico

RE/MAX Showcase Homes License #6501305945 Listed on: 10/12/2020

RE/MAX Showcase Homes

Last Buyer's Agent

Monife Knuth

KW Metro License #RCO-6501399797

KW Metro

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1951

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 38.00x128.00
  • Fenced

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 2 Full Bathrooms
  • 2,863 Sq Ft Home
  • 2-Story Property
  • Carbon Monoxide Detectors
  • Unfinished Basement

Parking

  • 2 Parking Spaces
  • Paved Parking
  • On-Street Parking
  • Assigned Parking

Outdoor Features

  • Balcony
  • Enclosed Patio or Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number W16I030722S

Community Details

Overview

  • 2 Units
  • Seymour & Troesters Loyola Pk Subdivision

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,291

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1951
  • State Equalized Value: 39600.0000
  • Pets Allowed: Call
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, Carbon Monoxide Alarm(s)
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 2863
  • Total Sq Ft: 2863
  • Sq Ft Total Bsmt: 1446

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: Fenced, Outside Lighting
  • Foundation Materials: Block
  • Frontage Feet: 38
  • Porch Type: Balcony, Patio, Porch - Enclosed
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • MF Parking: Assigned Spaces, On Street, Paved
  • Total Parking Spaces: 2

Utilities

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

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 1636363.6364
  • Lot Size Area: 0.11
  • Lot Dimensions: 38.00X128.00
  • Parcel Number: W16I030722S
  • Zone Conform: Yes
  • Zoning: Residential

Rental Info

  • Rent Includes: Garbage Pickup
  • Monthly Rental Income: 1600

Tax Info

  • Tax Amount Summer: 2082.0000
  • Tax Amount Winter: 209.0000
  • Total Tax: 2291.0000
  • Taxable Value: 22046.0000

Multi Family

  • Gross Scheduled Income: 19200.00
  • Number Of Units Total: 2
  • Unit Count: 1
  • Number of Three Bedroom Units: 2
  • Number Of Units Leased: 1

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2020
Closed on
Dec 21, 2020
Sold by
Wood Thomas R
Bought by
Simeon Maxwell Chimaobi and Ohakpo Simeon
Seller's Agent
Quin D'Amico
RE/MAX Showcase Homes
Buyer's Agent
Monife Knuth
KW Metro
List Price
$180,000
Sold Price
$180,000
Current Estimated Value
$252,477

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,477
Avg. Annual Appreciation
7.50%
Original Mortgage
$135,000
Outstanding Balance
$120,950
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$131,527

Purchase Details

Listed on
May 2, 2018
Closed on
Jun 8, 2018
Sold by
Bae Enterprises Llc
Bought by
Wood Thomas R
Seller's Agent
Sonny Mandouh
RE/MAX Leading Edge
Buyer's Agent
Reina Snively
DOBI Real Estate
List Price
$149,900
Sold Price
$143,000
Premium/Discount to List
-$6,900
-4.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.44%
Original Mortgage
$101,250
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 6, 2017
Closed on
Nov 8, 2017
Sold by
Provident Trust Group Llc
Bought by
Bae Enterprise Llc
Seller's Agent
Frederick Tavolette
Century 21 Curran & Oberski
Buyer's Agent
Sonny Mandouh
Blueprint Realty LLC
List Price
$59,900
Sold Price
$59,000
Premium/Discount to List
-$900
-1.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
348.40%

Purchase Details

Closed on
May 14, 2014
Sold by
Ez Street Properties Llc
Bought by
Provident Trust Group Llc and Jean E Zephirin Ira

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,200
Interest Rate
4.41%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Apr 1, 2014
Sold by
Roselawn 17575 Llc
Bought by
Pioneer Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,200
Interest Rate
4.41%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Mar 21, 2014
Sold by
Pioneer Investments Llc
Bought by
Ez Street Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,200
Interest Rate
4.41%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Sep 16, 2009
Sold by
Bone Joyce E and Bone Columbus N
Bought by
Bank Of America National Associations
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
Simeon Maxwell Chimaobi $180,000 Partners Title Agency Llc
Wood Thomas R $143,000 Lending Eddge Title Agency
Bae Enterprise Llc $39,000 None Available
Provident Trust Group Llc $63,200 None Available
Pioneer Investments Llc $28,000 None Available
Ez Street Properties Llc $39,000 None Available
Bank Of America National Associations $130,238 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Simeon Maxwell Chimaobi $135,000
Closed Simeon Maxwell Chimaobi $135,000
Previous Owner Wood Thomas R $101,250
Previous Owner Provident Trust Group Llc $50,200
Previous Owner Ez Street Properties Llc $45,000
Previous Owner Bone Columbus N $108,750
Previous Owner Bone Columbus N $107,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2020 12/28/20 Sold $180,000 0.0% $63 / Sq Ft
11/02/2020 11/02/20 Pending -- -- --
10/12/2020 10/12/20 For Sale $180,000 +25.9% $63 / Sq Ft
06/12/2018 06/12/18 Sold $143,000 -4.6% $50 / Sq Ft
05/03/2018 05/03/18 Pending -- -- --
05/02/2018 05/02/18 For Sale $149,900 +154.1% $52 / Sq Ft
11/10/2017 11/10/17 Sold $59,000 -1.5% $21 / Sq Ft
10/19/2017 10/19/17 Pending -- -- --
10/06/2017 10/06/17 For Sale $59,900 -- $21 / 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 $5,248 $127,400 $0 $0
2024 $5,248 $112,500 $0 $0
2023 $5,350 $89,300 $0 $0
2022 $5,758 $81,300 $0 $0
2021 $5,578 $60,000 $0 $0
2020 $2,328 $49,300 $0 $0
2019 $2,291 $39,600 $0 $0
2018 $1,998 $30,800 $0 $0
2017 $400 $28,100 $0 $0
2016 $2,199 $49,200 $0 $0
2015 $2,200 $22,000 $0 $0
2013 $2,755 $27,546 $0 $0
2010 -- $38,233 $1,250 $36,983
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2200078581

Realcomp

APN: 16-030722