NOT LISTED FOR SALE

1934 Seward St Detroit, MI 48206

LaSalle Gardens Neighborhood

Estimated Value: $206,000 - $305,000

8 Beds
4 Baths
2,636 Sq Ft
$99/Sq Ft Est. Value

Last Sold June 09, 2017

Last sale price $150,000 $57 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $1,467/month

41 Days on Market

Highlights

  • Covered Patio or Porch
  • Lobby
  • 4-minute walk to Williams Recreation Center
  • Cass Technical High School Rated 10
  • Forced Air Heating System

About This Home

As of June 2017

GREAT INVESTMENT OPPORTUNITY! 4 unit 100% occupied building located by downtown in prime area! Near Wayne State and Henry Ford Hospital. Each unit features hardwood floors, 2 bedrooms, 1 bath, living room, and kitchen with stove and fridge. Common basement area with coin operated laundry machines. YOU DO NOT WANT TO MISS THIS! ALL DATA APPROX SELLING AGENT TO VERIFY ALL INFO, all room sizes are estimated. PLEASE DO NOT DISTURB THE TENANTS.

Last Agent to Sell the Property

Danielle Casazza

Star Valley Realty LLC License #6502432161 Listed on: 01/27/2017

Last Buyer's Agent

Ioana Preda

Brookstone, Realtors LLC License #RCO-6501380325

Brookstone, Realtors LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1916

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 35x133

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 4 Full Bathrooms
  • 2,636 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Sewer in Street
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number W08I001955S

Community Details

Overview

  • 4 Units
  • MC Gregors Subdivision

Amenities

  • Lobby

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,554

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Common Entry Building
  • Architecture Level: 2 Story
  • Assessment: 340
  • Year Built: 1916
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement: Yes
  • Basement Type: Common
  • Total Sq Ft: 2636

Exterior Features

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

Garage/Parking

  • MF Parking: On Street

Utilities

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

Lot Info

  • List Price per Acre: 1172727.2727
  • Lot Size Area: 0.11
  • Lot Dimensions: 35x133
  • Parcel Number: W08I001955S
  • Zoning: Multi-Family

Rental Info

  • Rent Includes: Trash Collection (Garbage Pickup), Heat, Water/Sewer, Yard Maintenance
  • Monthly Rental Income: 2200

Tax Info

  • Tax Amount Summer: 1416.0000
  • Tax Amount Winter: 138.0000
  • Total Tax: 1554.0000

Multi Family

  • Gross Scheduled Income: 26400.00
  • Number Of Units Total: 4

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2017
Closed on
Jun 9, 2017
Sold by
Bmf Property Group Llc
Bought by
Ewald Rebecca
Seller's Agent
Danielle Casazza
Star Valley Realty LLC
Buyer's Agent
Ioana Preda
Brookstone, Realtors LLC
List Price
$129,000
Sold Price
$150,000
Premium/Discount to List
$21,000
16.28%
Current Estimated Value
$259,789

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,789
Avg. Annual Appreciation
6.77%
Original Mortgage
$112,500
Outstanding Balance
$93,577
Interest Rate
4.02%
Mortgage Type
New Conventional
Estimated Equity
$166,212

Purchase Details

Closed on
Sep 14, 2015
Sold by
Crump Henry L and Crump Maggie
Bought by
Bmf Property Group Llc
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
Ewald Rebecca $150,000 Embassy Title Agcy Inc
Ewald Rebecca $15,000 None Available
Bmf Property Group Llc $25,000 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ewald Rebecca $112,500
Closed Ewald Rebecca $112,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/09/2017 06/09/17 Sold $150,000 +16.3% $57 / Sq Ft
03/09/2017 03/09/17 Pending -- -- --
01/27/2017 01/27/17 For Sale $129,000 -- $49 / 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 $1,284 $57,400 $0 $0
2024 $1,284 $47,800 $0 $0
2023 $1,247 $37,600 $0 $0
2022 $1,329 $29,600 $0 $0
2021 $1,293 $22,000 $0 $0
2020 $1,292 $19,200 $0 $0
2019 $1,273 $14,400 $0 $0
2018 $1,218 $11,400 $0 $0
2017 $252 $13,300 $0 $0
2016 $1,577 $36,200 $0 $0
2015 $1,460 $14,600 $0 $0
2013 $1,504 $20,223 $0 $0
2010 -- $28,976 $793 $28,183
Source: Public Records

Agents Affiliated with this Home

  • Danielle Casazza

    Seller's Agent in 2017

    Danielle Casazza

    Star Valley Realty LLC

    (313) 580-8660

    109 Total Sales

    Danielle Casazza
    Section Image

  • I

    Buyer's Agent in 2017

    Ioana Preda

    Brookstone, Realtors LLC

    (248) 288-3500

    54 Total Sales

    Ioana Preda
    Section Image
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Map

Source: Realcomp

MLS Number: 217006619

Realcomp

APN: 08-001955

Michigan Wayne County Detroit 48206 LaSalle Gardens

1934 Seward St, Detroit, MI

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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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