NOT LISTED FOR SALE

18350 Jefferson Riverview, MI 48193

Estimated Value: $162,000 - $198,000

-- Bed
8 Baths
1,502 Sq Ft
$119/Sq Ft Est. Value

Last Sold September 16, 2024

Last sale price $152,000 $101 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $1,203/month

Highlights

  • Colonial Architecture
  • Riverview Community High School Rated 10
  • Forced Air Heating System

About This Home

As of September 2024

Excellent cash-flow opportunity.

Last Agent to Sell the Property

Scott Atkinson

Concept Realty License #6502424924 Listed on: 09/16/2024

Last Buyer's Agent

Silas Baker

The Brokaw Group License #6501441201

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1912

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 52.50 x 100.00

Home Design

  • Colonial Architecture
  • Block Foundation
  • Shingle Siding

Interior Spaces

  • 8 Full Bathrooms
  • 1,502 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 51009010073000

Community Details

Overview

  • 8 Units
  • Wyandotte Heights Sub Subdivision

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,112

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1912
  • State Equalized Value: 38400.0000
  • Pets Allowed: Call
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 8.00
  • Full Bathrooms: 8
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 1502

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Wood, Shingle Siding
  • Foundation Materials: Block
  • Road Frontage Type: Paved

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Lot Info

  • Lot Size Area: 0.12
  • Lot Dimensions: 52.50 x 100.00
  • Parcel Number: 51009010073000
  • Zoning: Multi-Family

Rental Info

  • Monthly Rental Income: 3700

Tax Info

  • Tax Amount Summer: 1379.0000
  • Tax Amount Winter: 733.0000
  • Total Tax: 2112.0000
  • Taxable Value: 30258.0000

Multi Family

  • Gross Scheduled Income: 44400.00
  • Number Of Units Total: 8
  • Number of Efficiency Units: 8

MLS Schools

  • School District: Riverview

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2024
Closed on
Sep 13, 2024
Sold by
Sahiwal Saleem Llc
Bought by
Adams Christopher M
Seller's Agent
Scott Atkinson
Concept Realty
Buyer's Agent
Silas Baker
The Brokaw Group
List Price
$175,000
Sold Price
$152,000
Premium/Discount to List
-$23,000
-13.14%
Current Estimated Value
$178,452

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,452
Avg. Annual Appreciation
13.35%
Original Mortgage
$114,000
Outstanding Balance
$112,780
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$65,672

Purchase Details

Listed on
Jan 25, 2017
Closed on
Mar 17, 2017
Sold by
18350 Macbeth Llc
Bought by
Sahiwal Saleem Llc
Seller's Agent
Marybeth Murphy
Blue Skies Realty
Buyer's Agent
Scott Atkinson
Concept Realty
List Price
$34,900
Sold Price
$25,000
Premium/Discount to List
-$9,900
-28.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.17%

Purchase Details

Closed on
Apr 29, 2014
Sold by
Mccarthy Stafford J
Bought by
18350 Macbeth Llc

Purchase Details

Closed on
Jan 6, 2009
Sold by
Beane Kimberly
Bought by
Mccarthy Stafford J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Adams Christopher M $152,000 None Listed On Document
Adams Christopher $152,000 None Listed On Document
Sahiwal Saleem Llc $25,000 Michigan Title Ins Agency In
18350 Macbeth Llc -- None Available
Mccarthy Stafford J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adams Christopher $114,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/16/2024 09/16/24 Sold $152,000 -13.1% $101 / Sq Ft
09/16/2024 09/16/24 Pending -- -- --
09/16/2024 09/16/24 For Sale $175,000 +600.0% $117 / Sq Ft
03/17/2017 03/17/17 Sold $25,000 -28.4% $17 / Sq Ft View Prior Sale
03/04/2017 03/04/17 Pending -- -- --
01/25/2017 01/25/17 For Sale $34,900 -- $23 / 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 $3,213 $49,200 $0 $0
2024 $1,508 $45,000 $0 $0
2023 $1,379 $38,400 $0 $0
2022 $2,011 $32,400 $0 $0
2021 $1,902 $30,500 $0 $0
2020 $1,880 $30,000 $0 $0
2019 $1,845 $27,000 $0 $0
2018 $1,076 $25,000 $0 $0
2017 $740 $41,800 $0 $0
2016 $1,048 $44,000 $0 $0
2015 $1,570 $44,200 $0 $0
2013 $1,521 $38,600 $0 $0
2012 $877 $37,900 $11,800 $26,100
Source: Public Records

Agents Affiliated with this Home

  • Scott Atkinson

    Seller's Agent in 2024

    Scott Atkinson

    Concept Realty

    (313) 721-6621

    4 in this area

    97 Total Sales

    Scott Atkinson
    Section Image

  • S

    Buyer's Agent in 2024

    Silas Baker

    The Brokaw Group

    Section Image

  • M

    Seller's Agent in 2017

    Marybeth Murphy

    Blue Skies Realty

    (734) 673-5111

    1 in this area

    45 Total Sales

    Marybeth Murphy
    Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 20240060759

Realcomp

APN: 51-009-01-0073-000

Michigan Wayne County Riverview 48193

18350 Jefferson, Riverview, MI

Not Listed for Sale

MultiFamily

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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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