NOT LISTED FOR SALE

Estimated Value: $85,000 - $128,000

4 Beds
2 Baths
1,946 Sq Ft
$58/Sq Ft Est. Value

Last Sold July 14, 2020

Last sale price $39,168 $20 Per Sq Ft

Est. 200% increase in value since last sale

Current estimated payment $866/month

7 Days on Market

About This Home

As of July 2020

Duplex With Huge Cash Flow Potential... Handyman Special... Cheap! Cash Flow, Cash Flow, Cash Flow!
Investors: Fix up and rent each unit for between $700 - $800 per month, for a total of $1,400 - $1,600 per month in total rents. Or...
Live for Free! Fix up, live in one unit, rent out the other, and get all or most of your house payment fully paid for! Nice colonial brick duplex, located in up and coming neighborhood. Easy access to major freeways; nearby popular Optimist-Parkgrove Playground, K-12 schools, and shopping.

Last Agent to Sell the Property

Jessica Blue

Black Diamond Realty License #6501401826 Listed on: 06/09/2020

Co-Listed By

Daryl Harris

Black Diamond Realty License #6502417672

Last Buyer's Agent

John Haughton

Community Choice Realty Inc License #6501419446

Community Choice Realty Inc

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1954

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 40.00x101.00

Home Design

  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 2 Full Bathrooms
  • 1,946 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 W17I013979S

Community Details

Overview

  • 2 Units
  • Shady Lawn Sub No 1 Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Year Built: 1954
  • State Equalized Value: 19000.0000
  • 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: 2746
  • Sq Ft Lower Floor: 800
  • Total Sq Ft: 1946
  • Sq Ft Total Bsmt: 800

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block
  • Road Frontage Type: Pub. Sidewalk

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Sewer-Sanitary
  • Water Source: Municipal Water, Water at Street
  • Laundry Facilities: No

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 500000.0000
  • Lot Size Area: 0.09
  • Lot Dimensions: 40.00X101.00
  • Parcel Number: W17I013979S
  • Zoning: Multi-Family

Tax Info

  • Tax Amount Summer: 923.0000
  • Tax Amount Winter: 70.0000
  • Total Tax: 993.0000
  • Taxable Value: 7384.0000

Multi Family

  • Number Of Units Total: 2
  • Unit Count: 2
  • Number of Two Bedroom Units: 2

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 28, 2021
Sold by
Ree Llc
Bought by
Albust Investment Llc
Current Estimated Value
$117,453

Purchase Details

Listed on
Jun 9, 2020
Closed on
Jul 13, 2020
Sold by
Nguyen Phorig Huy and Le Kieu Loan Thi
Bought by
Ree Llc
Seller's Agent
Jessica Blue
Black Diamond Realty
Buyer's Agent
John Haughton
Community Choice Realty Inc
List Price
$45,000
Sold Price
$39,168
Premium/Discount to List
-$5,832
-12.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.83%

Purchase Details

Closed on
Jun 1, 2017
Sold by
Nguyen Phong Huy and Le Lieu Loan Thi
Bought by
Propoerties Improvement And Investments

Purchase Details

Listed on
Nov 25, 2014
Closed on
Jun 25, 2015
Sold by
Jenks James and Jenks Elizabeth
Bought by
Detroit Property Improvement & Investmen
Seller's Agent
Tracie Peltier
3 Tier Real Estate, LLC
Buyer's Agent
Tracie Peltier
3 Tier Real Estate, LLC
List Price
$9,900
Sold Price
$8,000
Premium/Discount to List
-$1,900
-19.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.18%

Purchase Details

Closed on
May 9, 2008
Sold by
Nick Alexander M
Bought by
3S Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,000
Interest Rate
5.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 1, 2008
Sold by
3S Investments Llc
Bought by
Alexander M Nick Living Trust

Purchase Details

Closed on
Nov 29, 2006
Sold by
Carter Edward Kevin
Bought by
3S Investment Llc

Purchase Details

Closed on
Oct 1, 2001
Sold by
Carter Ozella
Bought by
Carter Edward K

Purchase Details

Closed on
Mar 29, 2001
Sold by
Carter Ozella E
Bought by
First Union National Bank

Purchase Details

Closed on
Sep 24, 1997
Sold by
Sterling Bank & Trust Pr
Bought by
Ozella Carter
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Albust Investment Llc $87,500 Visionary Title Agency Inc
Albust Investment Llc $87,500 Visionary Title Agency
Ree Llc $40,168 Visionary Title Agency Llc
Ree Llc $40,168 Visionary Title Agency
Propoerties Improvement And Investments $25,265 None Available
Detroit Property Improvement & Investmen $8,000 None Available
3S Investments Llc -- Greco
Alexander M Nick Living Trust -- None Available
3S Investment Llc $45,133 None Available
Carter Edward K -- --
First Union National Bank $41,083 --
Ozella Carter $36,362 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Detroit Property Improvement & Investmen $17,000
Previous Owner Jenks James A $63,030
Previous Owner 3S Investments Llc $37,000
Previous Owner Jenks James A $69,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2020 07/14/20 Sold $39,168 -13.0% $20 / Sq Ft
06/17/2020 06/17/20 Pending -- -- --
06/09/2020 06/09/20 For Sale $45,000 +462.5% $23 / Sq Ft
06/25/2015 06/25/15 Sold $8,000 -19.2% $4 / Sq Ft
12/11/2014 12/11/14 Pending -- -- --
11/25/2014 11/25/14 For Sale $9,900 -- $5 / 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 $2,675 $39,750 $0 $0
2024 $2,675 $44,800 $0 $0
2023 $2,846 $36,000 $0 $0
2022 $3,050 $31,000 $0 $0
2021 $2,488 $24,600 $0 $0
2020 $1,006 $21,700 $0 $0
2019 $993 $19,000 $0 $0
2018 $895 $17,500 $0 $0
2017 $134 $16,500 $0 $0
2016 $963 $8,200 $0 $0
2015 $820 $8,200 $0 $0
2013 $1,142 $11,416 $0 $0
2010 -- $16,737 $849 $15,888
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 2200042103

Realcomp

APN: 17-013979