$71,000
SOLD AUG 10, 2018
6 Beds
4 Baths
2,646 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$27 Per Sq Ft

21% Below List Price

80 Days on Market

Highlights

  • Porch
  • Forced Air Heating System
  • 4-minute walk to Dave Bing Park
  • Cass Technical High School Rated 10
  • Laundry Facilities

About This Home

As of August 2022

CASHFLOW CASHFLOW CASHFLOW Incredible investment property producing nearly 20K rent per year. Taxes only 1200$ per year. Solid tenant for 5 years and wants to stay. Make money from day one. Duplex property consisting of 2 3 bedroom 1.5 bath apartment approximately 1323 sqft each. Total sqft 2,646. NEW roof in 2013. Call to arrange showing, DO NOT DISTUB TENANT.

Last Agent to Sell the Property

Elisabeth Hoekstra

Mitten Realty Group LLC License #6501403777 Listed on: 05/01/2018

Last Buyer's Agent

Gaston Munoz

Munoz Realty Inc License #RCO-6501354648

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1960

Lot Details

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

Home Design

  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 2,646 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Parking

  • Paved Parking
  • On-Street Parking

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number W22I030526S

Community Details

Overview

  • 2 Units
  • Ramm & Cos Northwestern Hwy No 1 Amend Plat Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,018

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Assessment: 340
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Laundry Facility
  • Total Bathrooms: 2.20
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 2646
  • Total Sq Ft: 2646
  • Sq Ft Total Bsmt: 2646

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Aluminum, Brick
  • Foundation Materials: Poured
  • Porch Type: Porch
  • Road Frontage Type: Paved

Garage/Parking

  • MF Parking: On Street, Paved

Utilities

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

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 817727.2727
  • Lot Size Area: 0.11
  • Lot Dimensions: 40.00X120.00
  • Parcel Number: W22I030526S
  • Zoning: Multi-Family

Rental Info

  • Monthly Rental Income: 1600

Tax Info

  • Tax Amount Summer: 932.0000
  • Tax Amount Winter: 86.0000
  • Total Tax: 1018.0000

Multi Family

  • Gross Scheduled Income: 19200.00
  • Number Of Units Total: 2
  • Unit Count: 2
  • Number of Three Bedroom Units: 2
  • Number Of Units Leased: 2

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 10, 2024
Sold by
Nailer-Vega Rosalyn Janet
Bought by
Joseph Rudy Vega And Rosalyn Janet Nailer-Veg and Vega
Current Estimated Value
$168,568

Purchase Details

Listed on
May 18, 2022
Closed on
Aug 31, 2022
Sold by
Youn and Kristen
Bought by
Nailer-Vega Rosalyn
Seller's Agent
Mark Zawaideh
EXP Z Real Estate
Buyer's Agent
Rosalyn Nailer-Vega
Elite Realty
List Price
$149,900
Sold Price
$151,000
Premium/Discount to List
$1,100
0.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.71%
Original Mortgage
$148,265
Interest Rate
5.55%

Purchase Details

Closed on
Oct 18, 2021
Sold by
El Celeste Llc
Bought by
Youn Michael and Alaniz Youn Kristen

Purchase Details

Listed on
May 1, 2018
Closed on
Aug 10, 2018
Sold by
Soverelgn Michigan Llc
Bought by
El Celeste Llc
Seller's Agent
Elisabeth Hoekstra
Mitten Realty Group LLC
Buyer's Agent
Gaston Munoz
Munoz Realty Inc
List Price
$89,950
Sold Price
$71,000
Premium/Discount to List
-$18,950
-21.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.99%

Purchase Details

Listed on
May 1, 2018
Closed on
Aug 7, 2018
Sold by
Griffin Glen and Karim Sahjahan
Bought by
Sovereign Michigan Llc
Seller's Agent
Elisabeth Hoekstra
Mitten Realty Group LLC
Buyer's Agent
Gaston Munoz
Munoz Realty Inc
List Price
$89,950
Sold Price
$71,000
Premium/Discount to List
-$18,950
-21.07%

Purchase Details

Closed on
May 31, 2011
Sold by
Gates Sally M and The Sally M Gates Living Trust
Bought by
Sovereign Michigan Llc

Purchase Details

Closed on
Mar 1, 2007
Sold by
Gates Sally M
Bought by
Gates Sally M and Sally M Gates Living Trust
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Warranty Deed $151,000 --
Warranty Deed $126,000 Paramount Title Agency Llc
Warranty Deed $71,000 Reputation First Title Agenc
Quit Claim Deed -- Reputation First Title Agenc
Warranty Deed $28,500 1St Choice Title Svcs Inc
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $148,265 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2022 08/31/22 Sold $151,000 +0.7% $57 / Sq Ft
06/22/2022 06/22/22 Pending -- -- --
06/14/2022 06/14/22 For Sale $149,900 0.0% $57 / Sq Ft
05/27/2022 05/27/22 Pending -- -- --
05/18/2022 05/18/22 For Sale $149,900 +111.1% $57 / Sq Ft
08/10/2018 08/10/18 Sold $71,000 -21.1% $27 / Sq Ft
07/20/2018 07/20/18 Pending -- -- --
05/01/2018 05/01/18 For Sale $89,950 -- $34 / 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 $5,843 $104,200 $0 $0
2024 $5,843 $90,800 $0 $0
2023 $5,304 $72,600 $0 $0
2022 $3,432 $64,600 $0 $0
2021 $3,138 $44,400 $0 $0
2020 $3,135 $40,100 $0 $0
2019 $3,083 $31,000 $0 $0
2018 $935 $27,100 $0 $0
2017 $143 $25,300 $0 $0
2016 $1,007 $8,800 $0 $0
2015 $821 $8,800 $0 $0
2013 $796 $12,955 $0 $0
2010 -- $18,994 $889 $18,105
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 218036944

Realcomp

APN: 22-030526