NOT LISTED FOR SALE

Estimated Value: $179,000 - $196,000

Studio
8 Baths
1,502 Sq Ft
$124/Sq Ft Est. Value

Sale Details

Date Sold: September 16, 2024

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

Est. 22% increase in value since last sale

Current estimated payment $1,293 / mo

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

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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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

  • 1,502 Sq Ft Home
  • Block Foundation
  • Wood Siding
  • Shingle Siding

Bedrooms and Bathrooms

  • 8 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Basement

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

5,227 Sq Ft Lot

Listing Details

  • Property Type: ResidentialIncome
  • Year Built: 1912
  • State Equalized Value: 38400.00
  • Pets Allowed: Call
  • Property Sub Type: MultiFamily
  • LotSizeAcres: 0.12
  • Co List Office Mls Id: 424923
  • Above Grade Finished Sq Ft: 1502.00
  • Living Area: 1502.00
  • ClassName: ResidentialIncome
  • Special Features: None

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Full Bathrooms: 8

Exterior Features

  • Waterfront: No
  • Foundation Details: Basement, Block
  • Construction Materials: ShingleSiding, WoodSiding
  • Road Frontage Type: Paved
  • Disclosures: ActualIncome, TaxesNotHomesteadExempt

Utilities

  • Heating: ForcedAir, NaturalGas
  • Sewer: PublicSewer
  • Water Source: Public

Schools

  • Junior High Dist: Riverview

Lot Info

  • Lot Size Area: 0.12
  • Lot Dimensions: 52.50 x 100.00
  • Parcel Number: 51009010073000
  • Land Lease Expiration Date: 2024-10-19
  • Zoning Description: MultiFamily

Rental Info

  • Monthly Rental Income: 3700.00

Tax Info

  • Tax Amount Summer: 1379.00
  • Tax Amount Winter: 733.00
  • Tax Annual Amount: 2112.00

Multi Family

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2024
Closed on
Sep 13, 2024
Sold by
Bought by
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
$186,098

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,098
Avg. Annual Appreciation
11.37%
Original Mortgage
$114,000
Outstanding Balance
$111,810
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$74,288

Purchase Details

Listed on
Jan 25, 2017
Closed on
Mar 17, 2017
Sold by
Bought by
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
Bought by

Purchase Details

Closed on
Jan 6, 2009
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Riverview, MI

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$152,000 None Listed On Document
$152,000 None Listed On Document
$25,000 Michigan Title Ins Agency In
-- None Available
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

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Map

Source: Realcomp

MLS Number: 20240060759

Realcomp

APN: 51-009-01-0073-000

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