NOT LISTED FOR SALE

18626 Five Points St Redford, MI 48240

The Eye Neighborhood

Estimated Value: $126,885 - $145,000

6 Beds
2 Baths
2,548 Sq Ft
$53/Sq Ft Est. Value

Last Sold March 22, 2024

Last sale price $125,000 $49 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $844/month

7 Days on Market

Highlights

  • Balcony
  • Forced Air Heating System
  • Private Entrance
  • Cass Technical High School Rated 10
  • 6 Car Garage
  • Fenced

About This Home

As of March 2024

Highly sought-after Northwest Detroit 2-story Multi Family (Flat) on the Detroit/Redford border with 3 bedrooms, a living room, and dining rooms up and down. Large yard, both units have air conditioning. Perfect to live in one unit, rent the other, for investors looking to build some cash flow, or even as a large 6 bed room single family. Separate gas/electric meters, 2 water heaters/furnaces. Property is located in Detroit, with a Redford Zip code. All information estimation, buyer to verify.

Last Agent to Sell the Property

Branden Jenkins

Branden Jenkins License #6501321286 Listed on: 03/07/2024

Last Buyer's Agent

Nick Asplund

@properties Christie's Int'l RE Grosse Pointe License #6501411088

@properties Christie's Int'l RE Grosse Pointe

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,195

Year Built

  • Built in 1927

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 50 x 179
  • Private Entrance
  • Fenced

Parking

  • 6 Car Garage

Home Design

  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2 Full Bathrooms
  • 2,548 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 22124632.

Community Details

Overview

  • 2 Units
  • B E Taylors Kenmoor Sub Subdivision

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,195

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Year Built: 1927
  • State Equalized Value: 47200.0000
  • Year Renovated: 1927
  • Pets Allowed: Call
  • 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: 2548
  • Total Sq Ft: 2548
  • Sq Ft Total Bsmt: 1274

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Exterior Features: Private Entry, Fenced
  • Foundation Materials: Block
  • Frontage Feet: 50
  • Porch Type: Balcony
  • Road Frontage Type: Paved
  • Sideof Street: E

Garage/Parking

  • Garage: Yes
  • Total Parking Spaces: 6

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Sewer at Street
  • Water Source: Water at Street

Schools

  • School District: Detroit

Lot Info

  • Lot Size Area: 0.21
  • Lot Dimensions: 50 x 179
  • Parcel Number: 22124632.
  • Zoning: Multi-Family

Tax Info

  • Tax Amount Summer: 1195.0000
  • Total Tax: 1195.0000
  • Taxable Value: 47200.0000

Multi Family

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

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2024
Closed on
Mar 22, 2024
Sold by
Frank Jasen T and Williams Maria
Bought by
Rama Holdings Llc
Seller's Agent
Branden Jenkins
Branden Jenkins
Buyer's Agent
Nick Asplund
@properties Christie's Int'l RE Grosse Pointe
List Price
$130,000
Sold Price
$125,000
Premium/Discount to List
-$5,000
-3.85%
Views
158
Current Estimated Value
$139,093

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,093
Avg. Annual Appreciation
5.15%

Purchase Details

Closed on
Feb 2, 2007
Sold by
Cameron Ross G and Cameron Mary
Bought by
Frank Jasen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,000
Interest Rate
6.27%
Mortgage Type
Unknown

Purchase Details

Closed on
May 28, 1996
Sold by
Cameron Grace and Cameron Avery G
Bought by
Cameron Ross G
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
Rama Holdings Llc $125,000 Peak Title
Frank Jasen $45,000 Multiple
Cameron Ross G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Frank Jasen $96,800
Previous Owner Frank Jasen $99,400
Previous Owner Frank Jasen $36,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2024 03/22/24 Sold $125,000 -3.8% $49 / Sq Ft
03/14/2024 03/14/24 Pending -- -- --
03/07/2024 03/07/24 For Sale $130,000 -- $51 / 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 $979 $74,800 $0 $0
2024 $979 $60,100 $0 $0
2023 $1,195 $47,200 $0 $0
2022 $1,265 $33,200 $0 $0
2021 $1,234 $23,700 $0 $0
2020 $1,234 $20,500 $0 $0
2019 $1,217 $16,400 $0 $0
2018 $1,085 $13,800 $0 $0
2017 $180 $14,100 $0 $0
2016 $1,176 $11,100 $0 $0
2015 $1,110 $11,100 $0 $0
2013 $1,564 $15,639 $0 $0
2010 -- $22,408 $1,364 $21,044
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20240011580

Realcomp

APN: 22-124632