NOT LISTED FOR SALE

18061 Hickory St Detroit, MI 48205

Franklin Neighborhood

Estimated Value: $31,570 - $75,000

4 Beds
2 Baths
1,440 Sq Ft
$43/Sq Ft Est. Value

Last Sold June 03, 2014

Last sale price $16,000 $11 Per Sq Ft

Est. 284% increase in value since last sale

Current estimated payment $423/month

9 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • Garage
  • 3-minute walk to Josefiak Playlot
  • Cass Technical High School Rated 10
  • Fenced

About This Home

As of June 2014

Great investment property. Lower unit occupied, upper unit vacant. Separate furnace and electric. 2 new central air units and new electric panels.

Last Agent to Sell the Property

Charles Laird

4Houses Realty, LLC License #6502364516 Listed on: 12/26/2013

4Houses Realty, LLC

Last Buyer's Agent

Charles Laird

4Houses Realty, LLC License #6502364516 Listed on: 12/26/2013

4Houses Realty, LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1926

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 36.00x126.00
  • Fenced

Parking

  • Garage

Home Design

  • Brick Exterior Construction
  • Brick Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2 Full Bathrooms
  • 1,440 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Outdoor Features

  • Exterior Lighting

Utilities

  • Forced Air Heating and Cooling System
  • Back Up Electric Heat Pump System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Sewer in Street

Community Details

  • 2 Units
  • Grotto Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number W21I030537S

Property Details

Home Type

Multi-Family

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Assessment: 340
  • Year Built: 1926
  • Special Features: 12
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 1440
  • Total Sq Ft: 1440
  • Sq Ft Total Bsmt: 960

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick, Vinyl
  • Exterior Features: Fenced, Lighting
  • Foundation Materials: Brick/Mortar
  • Frontage Feet: 36
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • Garage: Yes
  • MF Parking: Garages, Paved

Utilities

  • Heating Fuel: Electric, Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Sewer at Street
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 120000.0000
  • Lot Size Area: 0.10
  • Lot Dimensions: 36.00X126.00
  • Parcel Number: W21I030537S
  • Zoning: Multi-Family
  • Percent Homestead Exempt: Yes

Rental Info

  • Monthly Rental Income: 300

Tax Info

  • Tax Amount Summer: 1362.0000
  • Tax Amount Winter: 120.0000
  • Total Tax: 1482.0000

Multi Family

  • Gross Scheduled Income: 3600.00
  • Number Of Units Total: 2
  • Number of Two Bedroom Units: 2
  • Number Of Units Leased: 1

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 26, 2015
Sold by
Leaphart Erma and Harrell Pamela
Bought by
Beal Barry
Current Estimated Value
$61,393

Purchase Details

Closed on
Mar 25, 2015
Sold by
Leaphart Erma
Bought by
Leaphart Erma

Purchase Details

Listed on
Dec 26, 2013
Closed on
Jun 3, 2014
Sold by
Gilliam Patricia A
Bought by
Leaphart Erma
Seller's Agent
Charles Laird
4Houses Realty, LLC
Buyer's Agent
Charles Laird
4Houses Realty, LLC
List Price
$12,000
Sold Price
$16,000
Premium/Discount to List
$4,000
33.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.33%

Purchase Details

Closed on
Jun 25, 2004
Sold by
Gilliam Patricia A
Bought by
Gilliam Patricia 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 Buyer Sale Price Title Company
Beal Barry $10,000 None Available
Leaphart Erma -- None Available
Leaphart Erma $16,000 None Available
Gilliam Patricia A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gilliam Patricia A $67,200
Previous Owner Gilliam Patricia A $24,029
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2014 06/03/14 Sold $16,000 +33.3% $11 / Sq Ft
01/04/2014 01/04/14 Pending -- -- --
12/26/2013 12/26/13 For Sale $12,000 -- $8 / 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 $1,108 $23,300 $0 $0
2024 $1,108 $19,600 $0 $0
2023 $1,075 $16,100 $0 $0
2022 $1,023 $13,300 $0 $0
2021 $1,113 $10,000 $0 $0
2020 $1,171 $10,000 $0 $0
2019 $1,313 $11,000 $0 $0
2018 $1,210 $11,300 $0 $0
2017 $220 $11,600 $0 $0
2016 $1,488 $15,200 $0 $0
2015 $1,520 $15,200 $0 $0
2013 $1,503 $21,097 $0 $0
2010 -- $30,930 $995 $29,935
Source: Public Records

Agents Affiliated with this Home

  • Charles Laird

    Seller's Agent in 2014

    Charles Laird

    4Houses Realty, LLC

    (949) 746-8788

    53 Total Sales

    Charles Laird
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Map

Source: Realcomp

MLS Number: 214001386

Realcomp

APN: 21-030537

Michigan Wayne County Detroit 48205 Franklin

18061 Hickory St, Detroit, MI

This home is located at 18061 Hickory St, Detroit, MI 48205 since 26 December 2013 and is currently estimated at $61,393, approximately $42 per square foot. This property was built in 1926. 18061 Hickory St is a home located in Wayne County with nearby schools including Edward 'Duke' Ellington Conservatory of Music and Art, Charles L. Spain Elementary-Middle School, and Bates Academy.

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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