NOT LISTED FOR SALE

18030 Schaefer Hwy Detroit, MI 48235

Schulze Neighborhood

Estimated Value: $97,000 - $159,000

4 Beds
2 Baths
1,801 Sq Ft
$70/Sq Ft Est. Value

Last Sold February 24, 2022

Last sale price $100,000 $56 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $792/month

62 Days on Market

Highlights

  • Colonial Architecture
  • Porch
  • 4-minute walk to Diack Park
  • Cass Technical High School Rated 10
  • Forced Air Heating System

About This Home

As of February 2022

Great investment both sides of a duplex 2 bedroom 1 bath units with basement an on site parking. Please do not disturb tenants 24 hour notice to show.

Last Agent to Sell the Property

Irvin Gilliam

Luxury Home Enterprise LLC License #6501280130 Listed on: 11/01/2021

Last Buyer's Agent

Kwame McKinnon

Curtis McKinnon LLC License #RCO-6502398726

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1951

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 50.00x100.00

Parking

  • 2 Parking Spaces

Home Design

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

Interior Spaces

  • 2 Full Bathrooms
  • 1,801 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number W22I030134C7

Community Details

Overview

  • 2 Units
  • Blackstone Park No 1 Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,005

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Colonial, Duplex
  • Architecture Level: 2 Story
  • Assessment: 240
  • Year Built: 1951
  • State Equalized Value: 33700.0000
  • 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: 1801
  • Total Sq Ft: 1801
  • Sq Ft Total Bsmt: 450

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block
  • Frontage Feet: 50
  • Porch Type: Porch
  • Road Frontage Type: Paved

Garage/Parking

  • Total Parking Spaces: 2

Utilities

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

Schools

  • School District: Detroit

Lot Info

  • Lot Size Area: 0.12
  • Lot Dimensions: 50.00X100.00
  • Parcel Number: W22I030134C7
  • Zoning: Multi-Family
  • Percent Homestead Exempt: Yes

Rental Info

  • Monthly Rental Income: 1395

Tax Info

  • Tax Amount Summer: 903.0000
  • Tax Amount Winter: 102.0000
  • Total Tax: 1005.0000
  • Taxable Value: 10898.0000

Multi Family

  • Gross Scheduled Income: 16740.00
  • Number Of Units Total: 2
  • Unit Count: 2
  • Number of Two Bedroom Units: 2
  • Number Of Units Leased: 2

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 29, 2022
Sold by
Mckinnon Jennifer
Bought by
Kmi Holdings Llc
Current Estimated Value
$125,253

Purchase Details

Listed on
Nov 1, 2021
Closed on
Feb 24, 2022
Sold by
Bellington Llc
Bought by
Mckinnon Jennifer
Seller's Agent
Irvin Gilliam
Luxury Home Enterprise LLC
Buyer's Agent
Kwame McKinnon
Curtis McKinnon LLC
List Price
$117,500
Sold Price
$100,000
Premium/Discount to List
-$17,500
-14.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.04%
Original Mortgage
$80,000
Interest Rate
3.92%
Mortgage Type
Balloon

Purchase Details

Closed on
May 12, 2014
Sold by
Ethel Mae Llc
Bought by
Bellington Llc

Purchase Details

Listed on
Jun 12, 2013
Closed on
Sep 20, 2013
Sold by
Lewis James
Bought by
Ethel Mae Llc
Seller's Agent
Meghan Schubring
Pearl Real Estate
Buyer's Agent
David Bolling
Wayne Bolling Realty Group
List Price
$24,900
Sold Price
$19,103
Premium/Discount to List
-$5,797
-23.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.02%

Purchase Details

Closed on
Oct 25, 2012
Sold by
Mcfarlane Patricia S
Bought by
Federal National Mortgage Association
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
Kmi Holdings Llc -- --
Mckinnon Jennifer $100,000 None Listed On Document
Bellington Llc -- None Available
Ethel Mae Llc -- None Available
Federal National Mortgage Association $115,165 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mckinnon Jennifer $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2022 02/24/22 Sold $100,000 -14.9% $56 / Sq Ft
01/03/2022 01/03/22 Pending -- -- --
12/07/2021 12/07/21 For Sale $117,500 0.0% $65 / Sq Ft
11/12/2021 11/12/21 Pending -- -- --
11/01/2021 11/01/21 For Sale $117,500 +515.1% $65 / Sq Ft
08/22/2013 08/22/13 Sold $19,103 -23.3% $5 / Sq Ft
07/29/2013 07/29/13 Pending -- -- --
06/12/2013 06/12/13 For Sale $24,900 -- $7 / 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 $4,174 $75,700 $0 $0
2024 $4,174 $64,900 $0 $0
2023 $4,305 $51,500 $0 $0
2022 $1,524 $45,600 $0 $0
2021 $1,291 $33,700 $0 $0
2020 $1,291 $28,200 $0 $0
2019 $1,173 $22,600 $0 $0
2018 $1,133 $19,600 $0 $0
2017 $191 $17,600 $0 $0
2016 $1,230 $12,900 $0 $0
2015 $1,290 $12,900 $0 $0
2013 $1,891 $18,910 $0 $0
2010 -- $27,725 $1,100 $26,625
Source: Public Records

Agents Affiliated with this Home

  • I

    Seller's Agent in 2022

    Irvin Gilliam

    Luxury Home Enterprise LLC

    (248) 346-0388

    1 in this area

    107 Total Sales

    Irvin Gilliam
    Section Image
  • Kwame McKinnon

    Buyer's Agent in 2022

    Kwame McKinnon

    Curtis McKinnon LLC

    (313) 329-4034

    1 in this area

    5 Total Sales

    Kwame McKinnon
    Section Image
  • Meghan Schubring

    Seller's Agent in 2013

    Meghan Schubring

    Pearl Real Estate

    (586) 489-7286

    2 in this area

    97 Total Sales

    Meghan Schubring
    Section Image

  • D

    Buyer's Agent in 2013

    David Bolling

    Wayne Bolling Realty Group

    (313) 334-8995

    22 Total Sales

    David Bolling
    Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 2210091451

Realcomp

APN: 22-0301347

Michigan Wayne County Detroit 48235 Schulze

18030 Schaefer Hwy, Detroit, MI

This home is located at 18030 Schaefer Hwy, Detroit, MI 48235 since 01 November 2021 and is currently estimated at $125,253, approximately $69 per square foot. This property was built in 1951. 18030 Schaefer Hwy is a home located in Wayne County with nearby schools including John R. King Academic And Performing Arts Academy, Charles L. Spain Elementary-Middle School, and Edward 'Duke' Ellington Conservatory of Music and Art.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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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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