NOT LISTED FOR SALE

19164 Mapleview St Detroit, MI 48205

Franklin Neighborhood

Estimated Value: $75,958 - $90,000

3 Beds
2 Baths
1,364 Sq Ft
$62/Sq Ft Est. Value

Last Sold November 10, 2021

Last sale price $73,500 $54 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $575/month

28 Days on Market

Highlights

  • Covered patio or porch
  • Bungalow
  • Fenced
  • Cass Technical High School Rated 10
  • Forced Air Heating System

About This Home

As of November 2021

TURNKEY INVESTMENT PROPERTY WITH PAYING TENANTS!!! IMMEDIATE CASH FLOW!!! 2 unit property with both units leased until July 2022. Upper 1 bdrm unit is leased for $695 and lower 2bdrm unit is $785. Tenants pay all utilities including water....all utilities have separate meters. Interior pics are of lower unit prior to tenant moving in. Great opportunity for a first time or experienced investor. Good neighborhood; Close proximity to public transportation and shopping. Property being sold "AS-IS". DO NOT DISTURB TENANTS!!!

Last Agent to Sell the Property

Serina Sutherland

Real Estate One-Royal Oak License #6501401824 Listed on: 08/18/2021

Real Estate One-Royal Oak

Last Buyer's Agent

Serina Sutherland

Real Estate One-Royal Oak License #6501401824 Listed on: 08/18/2021

Real Estate One-Royal Oak

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1927

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 37.00x104.00
  • Fenced

Parking

  • Paved Parking

Home Design

  • Bungalow
  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2 Full Bathrooms
  • 1,364 Sq Ft Home
  • 1.5-Story Property
  • Unfinished Basement

Outdoor Features

  • Covered patio or porch

Utilities

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

Community Details

  • 2 Units
  • Maple View Park Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number W21I029431S

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$829

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Year Built: 1927
  • State Equalized Value: 10300.0000
  • Pets Allowed: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 1364
  • Total Sq Ft: 1364
  • Sq Ft Total Bsmt: 858

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Exterior Features: Fenced
  • Foundation Materials: Block
  • Frontage Feet: 37
  • Porch Type: Porch - Covered, Porch
  • Road Frontage Type: Paved
  • Fencing: Fenced

Garage/Parking

  • MF Parking: Paved

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Sewer at Street
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)

Schools

  • School District: Detroit

Lot Info

  • Lot Size Area: 0.09
  • Lot Dimensions: 37.00X104.00
  • Parcel Number: W21I029431S
  • Zone Conform: Yes
  • Zoning: Residential

Rental Info

  • Monthly Rental Income: 1480

Tax Info

  • Tax Amount Summer: 766.0000
  • Tax Amount Winter: 63.0000
  • Total Tax: 829.0000
  • Taxable Value: 6663.0000

Multi Family

  • Gross Scheduled Income: 17760.00
  • Number Of Units Total: 2
  • Unit Count: 2
  • Number of One Bedroom Units: 1
  • Number of Two Bedroom Units: 1
  • Number Of Units Leased: 2

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2021
Closed on
Nov 10, 2021
Sold by
Smith Guidry Sheila M and Smith Wordlaw Sheila
Bought by
Johnson Teresa
Seller's Agent
Serina Sutherland
Real Estate One-Royal Oak
Buyer's Agent
Serina Sutherland
Real Estate One-Royal Oak
List Price
$69,900
Sold Price
$73,500
Premium/Discount to List
$3,600
5.15%
Current Estimated Value
$83,474

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,974
Avg. Annual Appreciation
3.34%
Original Mortgage
$51,375
Outstanding Balance
$47,568
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$35,559
Source: Public Records

Range of Values:

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Average Value
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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
Johnson Teresa $73,500 Capital Title Ins Agcy Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Teresa $51,375
Previous Owner Smith Wordlaw Shelia $67,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2021 11/10/21 Sold $73,500 +5.2% $54 / Sq Ft
09/16/2021 09/16/21 Pending -- -- --
08/18/2021 08/18/21 For Sale $69,900 -- $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 $1,413 $28,800 $0 $0
2024 $1,413 $25,700 $0 $0
2023 $1,372 $20,200 $0 $0
2022 $1,464 $14,000 $0 $0
2021 $830 $11,400 $0 $0
2020 $830 $10,300 $0 $0
2019 $819 $9,600 $0 $0
2018 $832 $8,600 $0 $0
2017 $119 $8,400 $0 $0
2016 $892 $7,300 $0 $0
2015 $730 $7,300 $0 $0
2013 $816 $8,159 $0 $0
2010 -- $11,962 $910 $11,052
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2021

    Serina Sutherland

    Real Estate One

    (734) 624-4592

    1 in this area

    55 Total Sales

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Map

Source: Realcomp

MLS Number: 2210067162

Realcomp

APN: 21-029431

Michigan Wayne County Detroit 48205 Franklin

19164 Mapleview St, Detroit, MI

This home is located at 19164 Mapleview St, Detroit, MI 48205 since 18 August 2021 and is currently estimated at $84,240, approximately $61 per square foot. This property was built in 1927. 19164 Mapleview St is a home located in Wayne County with nearby schools including Casimir Pulaski Elementary-Middle School, Edward 'Duke' Ellington Conservatory of Music and Art, and Charles L. Spain Elementary-Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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