NOT LISTED FOR SALE

Estimated Value: $157,000 - $197,000

4 Beds
2 Baths
2,022 Sq Ft
$89/Sq Ft Est. Value

Last Sold September 06, 2024

Last sale price $175,000 $87 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,127/month

53 Days on Market

About This Home

As of September 2024

Newly renovated duplex presenting an enticing opportunity for investors. Consisting of two 2-bedroom, 1-bathroom units, this property offers double income potential. Ideal for investors seeking rental-ready properties, with modern updates throughout and the added advantage of easy conversion into a single-family unit

Last Agent to Sell the Property

Chad Apap

EXP Z Real Estate License #6501429996 Listed on: 03/22/2024

EXP Z Real Estate

Last Buyer's Agent

Darryl Sanders

Treasure Homes, Inc License #6501228332

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1940

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 35.00 x 131.00

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 2 Full Bathrooms
  • 2,022 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number W16I029559S

Community Details

Overview

  • 2 Units
  • Burghardts Sub Subdivision

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,294

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Assessment: 340.00
  • Year Built: 1940
  • State Equalized Value: 58400.0000
  • 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
  • Total Sq Ft: 2022

Exterior Features

  • Roof Material: Asphalt
  • 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)

Fee Information

  • Operating Expense: 5000.00

Lot Info

  • Lot Size Area: 0.11
  • Lot Dimensions: 35.00 x 131.00
  • Parcel Number: W16I029559S
  • Zoning: Multi-Family
  • Percent Homestead Exempt: Yes

Rental Info

  • Monthly Rental Income: 2100

Tax Info

  • Tax Amount Summer: 2081.0000
  • Tax Amount Winter: 213.0000
  • Total Tax: 2294.0000
  • Taxable Value: 22610.0000

Multi Family

  • Gross Scheduled Income: 25200.00
  • Number Of Units Total: 2

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2024
Closed on
Sep 5, 2024
Sold by
Bnr Holdings Llc
Bought by
Marlow Dianna
Seller's Agent
Chad Apap
EXP Z Real Estate
Buyer's Agent
Darryl Sanders
Treasure Homes, Inc
List Price
$199,900
Sold Price
$175,000
Premium/Discount to List
-$24,900
-12.46%
Views
120
Current Estimated Value
$180,186

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,186
Avg. Annual Appreciation
2.27%

Purchase Details

Closed on
Mar 24, 2016
Sold by
Green Apple Homes Llc
Bought by
Bnr Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,300
Interest Rate
3.43%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 28, 2014
Sold by
Dr Congo Llc
Bought by
Green Apple Homes Llc

Purchase Details

Closed on
Dec 20, 2012
Sold by
Metro Detroit Home Solutions Llc
Bought by
Dr Congo Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,000
Interest Rate
3.28%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 19, 2012
Sold by
Ace Investment Group Llc
Bought by
Metro Detroit Home Solutions Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,000
Interest Rate
3.28%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 27, 2009
Sold by
Jpmorgan Chase Bank National Association
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 26, 2009
Sold by
Watkins Julian
Bought by
Jpmorgan Chase Bank National Association

Purchase Details

Closed on
May 5, 2004
Sold by
Adkins Beverly
Bought by
Lasalle Bank Na and Holders Of Structured Asset Securities C

Purchase Details

Closed on
Jun 24, 2003
Sold by
Carpenter Lois E and Carpenter Thomas W
Bought by
Wood Thomas A

Purchase Details

Closed on
Jun 17, 2003
Sold by
Carpenter Lois E and Carpenter Thomas W
Bought by
Adkins Beverly
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
Marlow Dianna $175,000 None Listed On Document
Bnr Holdings Llc $64,450 Attorney
Green Apple Homes Llc -- None Available
Dr Congo Llc $42,000 None Available
Metro Detroit Home Solutions Llc -- None Available
Federal National Mortgage Association -- None Available
Jpmorgan Chase Bank National Association $148,287 None Available
Lasalle Bank Na $123,611 --
Wood Thomas A $76,000 First American Title Ins Co
Adkins Beverly $130,000 Horizon Title Agency
Adkins Beverly -- Horizon Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bnr Holdings Llc $49,300
Previous Owner Dr Congo Llc $43,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/06/2024 09/06/24 Sold $175,000 -2.8% $87 / Sq Ft
05/14/2024 05/14/24 Pending -- -- --
05/09/2024 05/09/24 Price Changed $180,000 -10.0% $89 / Sq Ft
03/22/2024 03/22/24 For Sale $199,900 -- $99 / 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 $6,463 $84,200 $0 $0
2024 $2,038 $73,600 $0 $0
2023 $1,981 $58,400 $0 $0
2022 $2,122 $46,700 $0 $0
2021 $2,060 $31,100 $0 $0
2020 $2,059 $28,500 $0 $0
2019 $2,126 $22,400 $0 $0
2018 $1,857 $19,800 $0 $0
2017 $366 $19,300 $0 $0
2016 $1,962 $31,900 $0 $0
2015 $2,260 $22,600 $0 $0
2013 $2,629 $28,304 $0 $0
2010 -- $42,480 $1,142 $41,338
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20240018215

Realcomp

APN: 16-029559