NOT LISTED FOR SALE

18468 Monte Vista St Detroit, MI 48221

Schulze Neighborhood

Estimated Value: $102,000 - $167,405

2 Beds
1 Bath
939 Sq Ft
$130/Sq Ft Est. Value

Last Sold October 10, 2024

Last sale price $99,000 $105 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $905/month

18 Days on Market

Highlights

  • No HOA
  • 1 Car Detached Garage
  • Forced Air Heating System
  • Cass Technical High School Rated 10
  • Bungalow

About This Home

As of October 2024

Charming investment opportunity on Monte Vista! This well-maintained 3-bedroom, 1-bathroom brick bungalow offers durability and curb appeal with its classic brick exterior. Inside, you’ll find spacious rooms, hardwood floors throughout, and plenty of natural light. The property comes with a reliable tenant paying 1,050 monthly, who would like to continue their stay, making it an ideal choice for investors. However, if the new owner prefers, the tenant is prepared to vacate with a 30-day occupancy period. Other features include a full basement for extra storage, a large backyard perfect for outdoor activities, and newer windows. With steady rental income already in place, this is a great chance to expand your portfolio or start your real estate journey. Don’t miss out on this tenant-ready property! Serious Buyers Only.

Last Agent to Sell the Property

Nick Jaafar

Keller Williams Legacy License #6501403947 Listed on: 09/16/2024

Keller Williams Legacy

Co-Listed By

Joe Jomaa

Keller Williams Legacy License #6501460348

Last Buyer's Agent

Jack Stemas

Good Company License #6501429873

Good Company

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40.00 x 117.00

Parking

  • 1 Car Detached Garage

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 939 Sq Ft Home
  • 1.5-Story Property
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Location

  • Ground Level

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Dwyers Marygrove Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number W16I044735S

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Assessment: 240.00
  • Year Built: 1940
  • State Equalized Value: 37400.0000
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Partially Finished
  • Total Sq Ft: 939

Exterior Features

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

Garage/Parking

  • Garage Size: 1 Car
  • Garage Features: Detached
  • Garage: Yes

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Lot Size Area: 0.11
  • Lot Dimensions: 40.00 x 117.00
  • Parcel Number: W16I044735S

Tax Info

  • Tax Amount Summer: 3119.0000
  • Tax Amount Winter: 352.0000
  • Total Tax: 3471.0000
  • Taxable Value: 37400.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2024
Closed on
Oct 7, 2024
Sold by
Almosara Joel Oropesa and Almosara Suzanne
Bought by
Sanders Property Ventures Llc
Seller's Agent
Nick Jaafar
Keller Williams Legacy
Buyer's Agent
Jack Stemas
Good Company
List Price
$109,999
Sold Price
$99,000
Premium/Discount to List
-$10,999
-10%
Views
17
Current Estimated Value
$121,851

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,851
Avg. Annual Appreciation
21.64%
Original Mortgage
$103,000
Outstanding Balance
$101,816
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$20,035

Purchase Details

Closed on
Jun 16, 2020
Sold by
Almosara Joel Oropesa
Bought by
Johnson Andrea M and 18468 Monte Vista Trust

Purchase Details

Closed on
Mar 15, 2019
Sold by
Powerone Properties Llc
Bought by
Almosara Joel Oropesa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 31, 2018
Sold by
Chris James & Assn Inc
Bought by
Powerone Properties Llc

Purchase Details

Closed on
Jul 12, 2018
Sold by
Detay Llc
Bought by
Chris James & Associates Inc

Purchase Details

Closed on
Nov 3, 2014
Sold by
Coplin Llc
Bought by
Wholesale Properties Llc and Dwp

Purchase Details

Closed on
Jul 18, 2014
Sold by
Detroit Wholesale Properties Llc
Bought by
Detuy Llc

Purchase Details

Listed on
Oct 4, 2013
Closed on
Jan 24, 2014
Sold by
Fannie Mae
Bought by
Coplin Llc
Seller's Agent
Jason Megie
Realty Executives Preferred, L
Buyer's Agent
Darryl Sanders
Treasure Homes Realty East
List Price
$17,000
Sold Price
$17,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.33%

Purchase Details

Closed on
Sep 13, 2012
Sold by
Onewest Bank Fsb
Bought by
Fannie Mae and Federal National Mortgage Association

Purchase Details

Closed on
Aug 9, 2012
Sold by
Reed Nadine
Bought by
Onewest Bank Fsb
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
Sanders Property Ventures Llc $99,000 V1 Title Agency
Sanders Property Ventures Llc $99,000 V1 Title Agency
Johnson Andrea M -- None Available
18468 Monte Vista Trust -- None Listed On Document
Almosara Joel Oropesa $85,000 None Available
Powerone Properties Llc $24,000 Etitle Agency Inc
Chris James & Associates Inc -- None Available
Wholesale Properties Llc -- None Available
Detuy Llc $20,000 None Available
Coplin Llc $17,000 None Available
Fannie Mae -- None Available
Onewest Bank Fsb $13,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanders Property Ventures Llc $103,000
Closed Sanders Property Ventures Llc $103,000
Previous Owner Almosara Joel Oropesa $68,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/10/2024 10/10/24 Sold $99,000 -10.0% $105 / Sq Ft
10/05/2024 10/05/24 Pending -- -- --
09/16/2024 09/16/24 For Sale $109,999 0.0% $117 / Sq Ft
01/09/2023 01/09/23 Rented $1,050 0.0% --
12/02/2022 12/02/22 Under Contract -- -- --
11/22/2022 11/22/22 For Rent $1,050 0.0% --
11/21/2022 11/21/22 Under Contract -- -- --
10/31/2022 10/31/22 For Rent $1,050 0.0% --
02/24/2014 02/24/14 Sold $17,000 0.0% $12 / Sq Ft View Prior Sale
12/22/2013 12/22/13 Pending -- -- --
10/04/2013 10/04/13 For Sale $17,000 -- $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 $3,208 $54,700 $0 $0
2024 $3,208 $47,000 $0 $0
2023 $3,119 $37,400 $0 $0
2022 $1,925 $30,000 $0 $0
2021 $1,869 $22,300 $0 $0
2020 $1,868 $18,400 $0 $0
2019 $1,532 $14,600 $0 $0
2018 $1,187 $12,300 $0 $0
2017 $245 $12,900 $0 $0
2016 $2,028 $20,500 $0 $0
2015 $2,360 $23,600 $0 $0
2013 $2,482 $24,817 $0 $0
2010 -- $36,385 $1,034 $35,351
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20240068860

Realcomp

APN: 16-044735