NOT LISTED FOR SALE

Estimated Value: $144,000 - $188,000

6 Beds
2.5 Baths
2,832 Sq Ft
$59/Sq Ft Est. Value

Last Sold October 06, 2023

Last sale price $150,000 $53 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,146/month

24 Days on Market

Highlights

  • Porch
  • Awning
  • 2 Car Garage
  • Cass Technical High School Rated 10
  • Hot Water Heating System
  • Laundry Facilities

About This Home

As of October 2023

Check out this Boston Edison Duplex! The property is conveniently located just 6 minutes away on foot from Detroit's historic districts! The area is ideal for potential buyers or rental tenants working in the service industry at nearby locations such as Henry Ford Hospital, Detroit Medical Center, Karmanos Cancer Hospital, Detroit Congregation, Wayne State University, and other Downtown/Midtown hospitality workers. Entertainment venues such as Motown Museum, Little Caesars Arena, Detroit Tigers Stadium, Ford Field, and other Downtown/Midtown Detroit venues are nearby! This home is ready to occupy and/or rent immediately after your purchase! Each unit of the duplex boasts 3 bedrooms and 1 bathroom, with potential for an extra bath and creative use of space in the attic. Take advantage of this investment opportunity now as property values in this neighborhood have been steadily escalating! Contact your agent or our office to schedule your private showing!

Last Agent to Sell the Property

Marcus Twyman

Opulent Realty Team License #6504415585 Listed on: 08/15/2023

Last Buyer's Agent

Andre Hardy

Coldwell Banker Professionals-GPF License #6501442553

Coldwell Banker Professionals-GPF

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1921

Lot Details

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

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Brick Exterior Construction
  • Brick Foundation
  • Asphalt Roof

Interior Spaces

  • 2,832 Sq Ft Home
  • 2-Story Property
  • Awning
  • Unfinished Basement

Outdoor Features

  • Porch

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number W08I003226S

Community Details

Overview

  • 2 Units
  • Joy Farm Sub Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,543

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex, Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Assessment: 340.00
  • Year Built: 1921
  • State Equalized Value: 25400.0000
  • Pets Allowed: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Laundry Facility
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 2832
  • Total Sq Ft: 2832
  • Sq Ft Total Bsmt: 1409

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: Awning/Overhang(s), Fenced
  • Foundation Materials: Brick/Mortar
  • Frontage Feet: 40
  • Porch Type: Porch
  • Road Frontage Type: Paved

Garage/Parking

  • Garage: Yes
  • MF Parking: Garages
  • Total Parking Spaces: 2

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Hot Water
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: Yes

Schools

  • School District: Detroit

Lot Info

  • Lot Size Area: 0.11
  • Lot Dimensions: 40.00 x 117.00
  • Parcel Number: W08I003226S
  • Zoning: Multi-Family, Residential

Rental Info

  • Rent Includes: Water/Sewer, Trash Collection (Garbage Pickup), Water
  • Monthly Rental Income: 700

Tax Info

  • Tax Amount Summer: 1382.0000
  • Tax Amount Winter: 161.0000
  • Total Tax: 1543.0000
  • Taxable Value: 17147.0000

Multi Family

  • Gross Scheduled Income: 8400.00
  • Number Of Units Total: 2
  • Number of Three Bedroom Units: 2
  • Number Of Units Leased: 1

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2023
Closed on
Oct 6, 2023
Sold by
Talley Yvonne
Bought by
Capcole Elite Investors Group Llc
Seller's Agent
Marcus Twyman
Opulent Realty Team
Buyer's Agent
Andre Hardy
Coldwell Banker Professionals-GPF
List Price
$169,900
Sold Price
$150,000
Premium/Discount to List
-$19,900
-11.71%
Views
57
Current Estimated Value
$166,674

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,674
Avg. Annual Appreciation
5.36%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Capcole Elite Investors Group Llc $150,000 None Listed On Document
Capcole Elite Investors Group Llc $150,000 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/06/2023 10/06/23 Sold $150,000 -11.7% $53 / Sq Ft
09/08/2023 09/08/23 Pending -- -- --
08/15/2023 08/15/23 For Sale $169,900 -- $60 / 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 $3,143 $47,500 $0 $0
2024 $3,143 $40,400 $0 $0
2023 $1,726 $32,200 $0 $0
2022 $1,839 $25,400 $0 $0
2021 $1,789 $20,600 $0 $0
2020 $1,789 $19,100 $0 $0
2019 $1,762 $18,000 $0 $0
2018 $1,548 $17,000 $0 $0
2017 $291 $19,500 $0 $0
2016 $1,695 $43,000 $0 $0
2015 $1,519 $16,300 $0 $0
2013 $1,471 $22,633 $0 $0
2010 -- $32,430 $1,106 $31,324
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 20230061537

Realcomp

APN: 08-003226