NOT LISTED FOR SALE

1939 25th St Detroit, MI 48216

Southwest Detroit Neighborhood

Estimated Value: $120,000 - $273,000

3 Beds
3 Baths
1,452 Sq Ft
$112/Sq Ft Est. Value

Last Sold January 31, 2013

Last sale price $15,000 $10 Per Sq Ft

Est. 1,020% increase in value since last sale

Current estimated payment $1,049/month

113 Days on Market

About This Home

As of January 2013

THREE UNITS. ALL RENTED AND PERFORMING. $500 A MONTH EACH RENT. GREAT LOCATION ON A QUIET STREET IN A HIP AREA. PRIVATE SELLER. IDRBNG.

Last Agent to Sell the Property

Brent Maxwell

Propfoxx License #6501345023 Listed on: 10/10/2012

Last Buyer's Agent

Brent Maxwell

Propfoxx License #RCO-6501345023

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1914

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 150 x 30

Home Design

  • Triplex
  • Vinyl Construction Material

Interior Spaces

  • 3 Full Bathrooms
  • 1,452 Sq Ft Home
  • 2-Story Property
  • Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 3 Units
  • Scotten Lovett &Amp; Davis Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number W12I009632S

Property Details

Home Type

Multi-Family

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Triplex
  • Architecture Level: 2 Story
  • Assessment: YES
  • Year Built: 1914
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement: Yes
  • Sq Ft Combined: 1452
  • Total Sq Ft: 1452

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Road Frontage Type: Paved

Utilities

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

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 499000.0000
  • Lot Size Area: 0.10
  • Lot Dimensions: 150 X 30
  • Parcel Number: W12I009632S
  • Zone Conform: Yes
  • Zoning: Multiple
  • Homestead Percent: 0 Percent

Rental Info

  • Legal Rental Certified: Yes
  • Monthly Rental Income: 1500

Tax Info

  • Tax Amount Summer: 878.0000
  • Tax Amount Winter: 57.0000
  • Total Tax: 935.0000

Multi Family

  • Gross Scheduled Income: 18000.00
  • Number Of Units Total: 3
  • Number of One Bedroom Units: 3
  • Number Of Units Leased: 3

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 2, 2018
Sold by
Falkon Properties Llc
Bought by
Falkon Properties Detroit Llc
Current Estimated Value
$168,047

Purchase Details

Closed on
Oct 16, 2017
Sold by
Sabree Eric R
Bought by
Falkenstein Thomas and Falkon Properties Llc

Purchase Details

Closed on
Nov 9, 2012
Sold by
Pom Investors Lc
Bought by
Austracxl Super Fund Llc

Purchase Details

Closed on
Aug 15, 2011
Sold by
Ford Iva
Bought by
Ford Ford Iva Iva and Ford Mutta Mary
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
Falkon Properties Detroit Llc -- None Available
Falkenstein Thomas $21,000 None Available
Austracxl Super Fund Llc $32,500 Embassy Title Agency
Pom Investors Llc $21,000 None Available
Ball Holdings Llc $16,000 None Available
Ford Ford Iva Iva -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2013 01/31/13 Sold $15,000 -69.9% $10 / Sq Ft
01/31/2013 01/31/13 Pending -- -- --
10/10/2012 10/10/12 For Sale $49,900 -- $34 / 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 $1,448 $45,900 $0 $0
2024 $1,448 $37,800 $0 $0
2023 $1,406 $29,100 $0 $0
2022 $1,501 $46,900 $0 $0
2021 $1,459 $33,100 $0 $0
2020 $2,369 $37,600 $0 $0
2019 $1,718 $16,700 $0 $0
2018 $959 $13,200 $0 $0
2017 $149 $11,800 $0 $0
2016 $1,034 $20,500 $0 $0
2015 $820 $8,200 $0 $0
2013 $911 $9,113 $0 $0
2010 -- $13,058 $322 $12,736
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2013

    Brent Maxwell

    Propfoxx

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Map

Source: Realcomp

MLS Number: 212107913

Realcomp

APN: 12-009632

Michigan Wayne County Detroit 48216 Southwest Detroit

1939 25th St, Detroit, MI

This home is located at 1939 25th St, Detroit, MI 48216 since 10 October 2012 and is currently estimated at $162,261, approximately $111 per square foot. This property was built in 1914. 1939 25th St is a home located in Wayne County with nearby schools including Charles L. Spain Elementary-Middle School, Edward 'Duke' Ellington Conservatory of Music and Art, and Western International High 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
Copyright 2025 Realcomp II Ltd. Shareholders
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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