$188,700
SOLD NOV 15, 2024
5 Beds
3 Baths
2,534 Sq Ft
5,227 Sq Ft Lot

Recently Sold

$74 Per Sq Ft

6% Below List Price

55 Days on Market

Highlights

  • No HOA
  • Hot Water Heating System
  • 2-minute walk to Horne Square Park
  • Cass Technical High School Rated 10

About This Home

As of November 2024

LOCATED 8 MINUTES FROM THE HISTORIC EAST ENGLISH VILLAGE DISTRICT, YOU WILL FIND 18041 PELKEY NESTLED ON A 5,227 SQUARE FOOT LOT IN A QUIET NEIGHBORHOOD OF HOMEOWNERS. THIS CROWN JEWEL BOASTS A BRAND NEW ROOF TO ENSURE REPEAT DIVIDENDS FOR MANY YEARS TO COME. YOUR APARTMENT COMPLEX CONSISTS OF 3 RECENTLY REMODELED 3 BEDROOM AND 1 BED UNITS. EACH UNIT HAS BEEN UPGRADED AND HAS ENTIRELY BRAND NEW ELECTRICAL AND PLUMBING TO INSURE MAINTENANCE FREE CASH FLOW. FURTHERMORE THE ENTIRE COMPLEX HAS NEW ELECTRICAL AND PLUMBING FROM TOP TO BOTTOM. EACH SPACIOUS UNIT HAS FRESHLY ROLLED PAINT AND ONE WITH BRAND NEW CARPET WITH TOP OF THE LINE UNDERLAYMENT. THIS BEAUTY HAS JUST BEEN RENTED WITH 3 SECTION 8 TENANTS AND THE MONTHLY DIVIDENDS OF 3613 PAID IN FULL BY THE GOVERNMENT. TENANTS COVER ALL THE UTILITIES WITH ROI OF JUST UNDER 20 PERCNT. THE TAXES HAVE BEEN REDUCED TO ROUGHLY 75 PER MONTH. THIS DIAMOND WILL WRAPPED AROUND A LUCKY OWNER'S FINGER SOON! NO SHOWINGS WITHOUT ACCEPTED FULL LIST OFFER. LET'S CLOSE!

Last Agent to Sell the Property

Marta Kopania

Realtyflo Inc License #6501424283 Listed on: 08/07/2024

Last Buyer's Agent

Marta Kopania

Realtyflo Inc License #6501424283 Listed on: 08/07/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1927 | Remodeled in 2024

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 40.00 x 126.00

Home Design

  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 2,534 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Location

  • Ground Level

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Sewer in Street

Community Details

  • No Home Owners Association
  • Trombley Pk Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number W21I030189S

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,689

Year Built

Built in 1927 | Remodeled in 2024

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Level: 2 Story
  • Assessment: 340.00
  • Warranty: Yes
  • Year Built: 1927
  • State Equalized Value: 22800.0000
  • Year Renovated: 2024
  • Entry Location: Ground Level w/Steps
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Room Count: 8
  • Total Bedrooms: 5
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 2534
  • Total Sq Ft: 2534
  • Sq Ft Total Bsmt: 783

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block
  • Frontage Feet: 1
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Hot Water
  • Sewer: Sewer at Street
  • Water Source: Water at Street

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Detroit

Lot Info

  • Lot Size Area: 0.12
  • Lot Dimensions: 40.00 x 126.00
  • Parcel Number: W21I030189S

Tax Info

  • Tax Amount Summer: 1542.0000
  • Tax Amount Winter: 147.0000
  • Total Tax: 1689.0000
  • Taxable Value: 15618.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2024
Closed on
Nov 14, 2024
Sold by
A 1 Quality Management Llc
Bought by
Delgado Jose Juan Gonzale
Seller's Agent
Marta Kopania
Realtyflo Inc
Buyer's Agent
Marta Kopania
Realtyflo Inc
List Price
$199,990
Sold Price
$188,700
Premium/Discount to List
-$11,290
-5.65%
Views
88
Current Estimated Value
$162,971

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$25,729
Avg. Annual Appreciation
-16.37%
Original Mortgage
$131,250
Outstanding Balance
$130,077
Interest Rate
6.12%
Mortgage Type
Credit Line Revolving
Estimated Equity
$32,894

Purchase Details

Listed on
Dec 28, 2023
Closed on
Apr 16, 2024
Sold by
Beluga Property Llc
Bought by
Al Quality Management Llc
Seller's Agent
Jay Naim
EXP Realty Main
Buyer's Agent
Jay Naim
EXP Realty Main
List Price
$60,000
Sold Price
$40,000
Premium/Discount to List
-$20,000
-33.33%
Views
98

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1350.68%

Purchase Details

Listed on
Jun 13, 2018
Closed on
Dec 21, 2018
Sold by
Dj Enterprise Acquisition Llc
Bought by
Beluga Property Llc
Seller's Agent
Mikhail Grigoryan
Level Plus
Buyer's Agent
Mikhail Grigoryan
Level Plus
List Price
$14,000
Sold Price
$9,000
Premium/Discount to List
-$5,000
-35.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.57%

Purchase Details

Listed on
Jun 13, 2018
Closed on
Dec 12, 2018
Sold by
Wca2016 Llc
Bought by
Dj Enterprises Acquisition Llc
Seller's Agent
Mikhail Grigoryan
Level Plus
Buyer's Agent
Mikhail Grigoryan
Level Plus
List Price
$14,000
Sold Price
$9,000
Premium/Discount to List
-$5,000
-35.71%

Purchase Details

Closed on
Dec 1, 2016
Sold by
Sabree Eric R
Bought by
Wca2016 Llc

Purchase Details

Closed on
Jun 16, 1993
Sold by
Glass John Addison
Bought by
Read Jacqueline A
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 Type Sale Price Title Company
Warranty Deed $175,000 Old Woodward Title
Warranty Deed $175,000 Old Woodward Title
Warranty Deed $40,000 Old Woodward Title Agency
Warranty Deed $40,000 Old Woodward Title Agency
Warranty Deed $14,000 None Available
Warranty Deed $9,000 None Available
Quit Claim Deed $500 None Available
Warranty Deed $36,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $131,250 Credit Line Revolving
Closed $131,250 Credit Line Revolving
Previous Owner $78,750 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2024 11/15/24 Sold $188,700 0.0% $74 / Sq Ft
11/15/2024 11/15/24 Sold $188,700 0.0% $74 / Sq Ft
10/01/2024 10/01/24 Pending -- -- --
10/01/2024 10/01/24 Pending -- -- --
08/30/2024 08/30/24 Price Changed $188,700 0.0% $74 / Sq Ft
08/30/2024 08/30/24 Price Changed $188,700 -5.6% $74 / Sq Ft
08/15/2024 08/15/24 Price Changed $199,990 0.0% $79 / Sq Ft
08/15/2024 08/15/24 For Sale $199,990 0.0% $79 / Sq Ft
08/15/2024 08/15/24 Price Changed $199,990 0.0% $79 / Sq Ft
08/15/2024 08/15/24 For Sale $199,990 +6.0% $79 / Sq Ft
08/08/2024 08/08/24 Off Market $188,700 -- --
08/08/2024 08/08/24 Off Market $188,700 -- --
08/07/2024 08/07/24 For Sale $250,000 0.0% $99 / Sq Ft
08/07/2024 08/07/24 For Sale $250,000 +525.0% $99 / Sq Ft
04/19/2024 04/19/24 Sold $40,000 -19.8% $16 / Sq Ft
04/16/2024 04/16/24 Pending -- -- --
03/26/2024 03/26/24 Price Changed $49,900 -9.1% $20 / Sq Ft
03/07/2024 03/07/24 Price Changed $54,900 -8.5% $22 / Sq Ft
12/28/2023 12/28/23 For Sale $60,000 +566.7% $24 / Sq Ft
01/04/2019 01/04/19 Sold $9,000 -35.7% $6 / Sq Ft
10/16/2018 10/16/18 Pending -- -- --
06/13/2018 06/13/18 For Sale $14,000 -- $9 / 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 $1,485 $32,900 $0 $0
2024 $1,485 $27,800 $0 $0
2023 $1,442 $22,800 $0 $0
2022 $1,540 $19,200 $0 $0
2021 $1,497 $14,400 $0 $0
2020 $1,514 $14,400 $0 $0
2019 $1,738 $15,800 $0 $0
2018 $940 $15,800 $0 $0
2017 $189 $16,100 $0 $0
2016 $1,041 $11,700 $0 $0
2015 $1,170 $11,700 $0 $0
2013 $1,623 $16,226 $0 $0
2010 -- $23,789 $1,105 $22,684
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20240058174

Realcomp

APN: 21-030189