NOT LISTED FOR SALE

Estimated Value: $224,000 - $238,146

4 Beds
2 Baths
2,739 Sq Ft
$85/Sq Ft Est. Value

Last Sold August 06, 2018

Last sale price $75,000 $27 Per Sq Ft

Est. 210% increase in value since last sale

Current estimated payment $1,490/month

4 Days on Market

About This Home

As of August 2018

Two family, great rental property near U of D. Both units are 2 bedroom/1 bath and are currently rented. Tenants are on a month to month and would like to remain. New windows are scheduled to be installed.

Last Agent to Sell the Property

Tanya Klaffer

Real Estate One-Southgate License #6501338146 Listed on: 06/05/2018

Real Estate One-Southgate

Last Buyer's Agent

Kristina Williams

EXP Realty LLC License #RCO-6501401660

EXP Realty LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1938

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40.00x120.00

Home Design

  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 2 Full Bathrooms
  • 2,739 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • 2 Units
  • Canterbury Gardens No 2 Subdivision

Listing and Financial Details

  • Assessor Parcel Number W16I025887S

Property Details

Home Type

Multi-Family

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Assessment: 340
  • Year Built: 1938
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Common
  • Total Sq Ft: 2739

Exterior Features

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

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Lot Info

  • List Price per Acre: 745454.5455
  • Lot Size Area: 0.11
  • Lot Dimensions: 40.00X120.00
  • Parcel Number: W16I025887S
  • Zoning: Residential

Rental Info

  • Monthly Rental Income: 1300

Tax Info

  • Tax Amount Summer: 2492.0000
  • Tax Amount Winter: 234.0000
  • Total Tax: 2726.0000

Multi Family

  • Gross Scheduled Income: 15600.00
  • Number Of Units Total: 2

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2018
Closed on
Jul 30, 2018
Sold by
Spurry Timothy
Bought by
James Eric
Seller's Agent
Tanya Klaffer
Real Estate One-Southgate
Buyer's Agent
Kristina Williams
EXP Realty LLC
List Price
$82,000
Sold Price
$75,000
Premium/Discount to List
-$7,000
-8.54%
Current Estimated Value
$232,787

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,787
Avg. Annual Appreciation
16.56%
Original Mortgage
$60,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 17, 2015
Closed on
Mar 31, 2016
Sold by
Kelishad Llc
Bought by
Spurry Timothy
Seller's Agent
Kenan Bakirci
@properties Christie's Int'l R.E. Detroit
Buyer's Agent
Tanya Klaffer
Real Estate One-Southgate
List Price
$70,000
Sold Price
$68,000
Premium/Discount to List
-$2,000
-2.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.26%

Purchase Details

Listed on
Feb 17, 2015
Closed on
Apr 30, 2015
Sold by
Conner Lucky and Norris Anthony Tyrone
Bought by
Kelishad Llc
Seller's Agent
David Fisher
Keller Williams Advantage
Buyer's Agent
Kenan Bakirci
KW Metro
List Price
$50,000
Sold Price
$46,000
Premium/Discount to List
-$4,000
-8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
54.39%

Purchase Details

Closed on
Aug 8, 2014
Sold by
Norris Anthony Tyrone
Bought by
Conner Lucky

Purchase Details

Listed on
Feb 20, 2014
Closed on
Apr 24, 2014
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Norris Anthony Tyrone
Seller's Agent
Cheryl Dixon
Professional Realty Team LLC
Buyer's Agent
LaTrina Spencer
Supreme Realty
List Price
$31,900
Sold Price
$35,000
Premium/Discount to List
$3,100
9.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.66%

Purchase Details

Closed on
Mar 1, 2012
Sold by
Walker Tobi and Walker Rodney M
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Oct 4, 2007
Sold by
Benson Valaida
Bought by
Walker Tobi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 4, 2006
Sold by
The Estate Of Renaldo Benson
Bought by
Walker Tobi

Purchase Details

Closed on
Aug 19, 2003
Sold by
Bmc
Bought by
Benson Renaldo
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
James Eric $75,000 None Available
Spurry Timothy $68,000 None Available
Kelishad Llc $46,000 Title Connect Llc
Conner Lucky -- None Available
Norris Anthony Tyrone $35,000 Attorneys Title Agency Llc
Federal Home Loan Mortgage Corporation $117,518 None Available
Walker Tobi -- Title Plus Llc
Walker Tobi -- None Available
Benson Renaldo -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner James Eric $60,000
Previous Owner Walker Tobi $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/06/2018 08/06/18 Sold $75,000 -8.5% $27 / Sq Ft
06/09/2018 06/09/18 Pending -- -- --
06/05/2018 06/05/18 For Sale $82,000 +20.6% $30 / Sq Ft
03/31/2016 03/31/16 Sold $68,000 -2.9% $25 / Sq Ft View Prior Sale
03/25/2016 03/25/16 Pending -- -- --
12/17/2015 12/17/15 For Sale $70,000 +52.2% $26 / Sq Ft
05/06/2015 05/06/15 Sold $46,000 -8.0% $17 / Sq Ft View Prior Sale
04/14/2015 04/14/15 Pending -- -- --
02/17/2015 02/17/15 For Sale $50,000 +42.9% $18 / Sq Ft
05/03/2014 05/03/14 Sold $35,000 +9.7% $13 / Sq Ft View Prior Sale
03/12/2014 03/12/14 Pending -- -- --
02/20/2014 02/20/14 For Sale $31,900 -- $12 / 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 $3,202 $120,500 $0 $0
2024 $2,919 $106,300 $0 $0
2023 $3,084 $84,500 $0 $0
2022 $3,307 $66,400 $0 $0
2021 $3,209 $44,200 $0 $0
2020 $3,208 $40,400 $0 $0
2019 $3,154 $31,800 $0 $0
2018 $2,502 $28,400 $0 $0
2017 $522 $27,500 $0 $0
2016 $2,146 $45,200 $0 $0
2015 $2,260 $22,600 $0 $0
2013 $1,985 $28,274 $0 $0
2010 -- $39,243 $1,283 $37,960
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 218049970

Realcomp

APN: 16-025887