NOT LISTED FOR SALE

Estimated Value: $87,000 - $130,000

3 Beds
1 Bath
1,009 Sq Ft
$105/Sq Ft Est. Value

Last Sold March 20, 2012

Last sale price $16,500 $16 Per Sq Ft

Est. 543% increase in value since last sale

Current estimated payment $665/month

42 Days on Market

Highlights

  • Ranch Style House
  • 2 Car Detached Garage
  • Forced Air Heating System
  • Cass Technical High School Rated 10

About This Home

As of March 2012

**TENANT OCCUPIED** Savvy investor opportunity. After deducting property management co. fees, home ins, you will still have 37% return annually on your initial investment. Buyer to pay for pre-sale inspection. Management company is already in place. This is NOT a short sale! PRIVATE owned. Quick response. PLEASE DO NOT DISTURB TENANT, AS THEY ARE UNAWARE OF SALE. Highest & Best Offer Due February 29, 2012 @ 5pm!

Last Agent to Sell the Property

Charles Ramey

Keller Williams Realty Lakeside License #MISPE-6501352793 Listed on: 01/26/2012

Keller Williams Realty Lakeside

Last Buyer's Agent

Charles Ramey

Keller Williams Realty Lakeside License #MISPE-6501352793 Listed on: 01/26/2012

Keller Williams Realty Lakeside

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,049

Year Built

  • Built in 1941

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 40x112

Parking

  • 2 Car Detached Garage

Home Design

  • Ranch Style House

Interior Spaces

  • 1,009 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number W22I089840S

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,049

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL CONDO
  • Type Of Property: Residential
  • Architecture Style: Ranch
  • Structure Style: 1 Story
  • Year Built: 1941
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Yes
  • Basement: Full
  • Bedrooms: 3
  • Bedroom 1: On 1st Floor, Dimensions: 13 x 12
  • Bedroom 2: On 1st Floor, Dimensions: 11 x 10
  • Bedroom 3: On 1st Floor, Dimensions: 10 x 9
  • Bathrooms Description: First Flr Lavatory
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Breakfast Nook: On 1st Floor, Dimensions: 12 x 9
  • Kitchen: On 1st Floor, Dimensions: 11 x 9
  • Living Room: On 1st Floor, Dimensions: 13 x 13
  • Above Grade Finished Sq Ft: 1009
  • Total Finished Sq Ft: 1009

Exterior Features

  • Foundation: Basement
  • Road: Paved Street

Garage/Parking

  • Garage: Detached Garage
  • Garage Spaces: 2
  • Parking: Garage
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public At Street
  • Water: Public Water at Street
  • Water Heater: Gas

Lot Info

  • Assessor Parcel Number: W22I089840S
  • Zoning: Residential
  • Lot Dimensions: 40X112
  • Acreage: 0.1
  • Map Side Numeric: 2
  • Map Top Alpha: S
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2011, Amount: $1,613.55
  • Winter Tax: Year: 2010, Amount: $492.73
  • SEV Year: 2011

MLS Schools

  • School District: Detroit City School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2012
Closed on
Mar 12, 2012
Sold by
Boubai Chris B and Boubai Roxanne
Bought by
Ltd Investments Llc
Seller's Agent
Charles Ramey
Keller Williams Realty Lakeside
Buyer's Agent
Charles Ramey
Keller Williams Realty Lakeside
List Price
$15,500
Sold Price
$16,500
Premium/Discount to List
$1,000
6.45%
Current Estimated Value
$106,041

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,541
Avg. Annual Appreciation
14.78%

Purchase Details

Closed on
Oct 19, 2011
Sold by
Boubai Chris B and Boubai Roxanne
Bought by
Federal Home Loan Mortgage Corporation
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Ltd Investments Llc $16,500 Continental Title Agency
Federal Home Loan Mortgage Corporation $9,375 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2012 03/20/12 Sold $16,500 +6.5% $16 / Sq Ft
03/08/2012 03/08/12 Pending -- -- --
01/26/2012 01/26/12 For Sale $15,500 -- $15 / 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 $1,049 $47,000 $0 $0
2024 $1,049 $39,900 $0 $0
2023 $1,018 $31,400 $0 $0
2022 $1,081 $24,400 $0 $0
2021 $1,053 $19,400 $0 $0
2020 $1,053 $17,800 $0 $0
2019 $1,038 $13,800 $0 $0
2018 $918 $12,500 $0 $0
2017 $164 $12,800 $0 $0
2016 $1,001 $16,000 $0 $0
2015 $852 $16,000 $0 $0
2013 $1,999 $19,987 $0 $0
2010 -- $29,302 $1,099 $28,203
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Michigan Multiple Listing Service

MLS Number: 31088397

Michigan Multiple Listing Service

APN: 22-089840