NOT LISTED FOR SALE

Estimated Value: $26,820 - $165,000

6 Beds
2 Baths
3,202 Sq Ft
$38/Sq Ft Est. Value

Last Sold July 17, 2017

Last sale price $16,000 $5 Per Sq Ft

Est. 668% increase in value since last sale

Current estimated payment $790/month

90 Days on Market

Highlights

  • Forced Air Heating System
  • Cass Technical High School Rated 10
  • Heating System Uses Steam

About This Home

As of July 2017

Spacious Brick 6 Bedroom 2 family Flat in the Joy Farm Subdivision of Detroit. Adjacent to the Boston Edison District this home is just minutes away from Wayne State University, Midtown, Northend, New Center, Henry Ford Hospital and other amenities. 1 Unit is Tenant Occupied at 500/MO. Sold as is, all measurements approximate. Showing could potentially take 48-72 hours to confirm

Last Agent to Sell the Property

Charles Ryan

Keller Williams Home License #6501309474 Listed on: 02/21/2017

Keller Williams Home

Last Buyer's Agent

Damon Jordan

The Swearingum Group, Inc License #6502382794

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40.00x117.00

Home Design

  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • 2 Full Bathrooms
  • 3,202 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Utilities

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

Community Details

  • 2 Units
  • Joy Farm Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number W08I003230S

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Assessment: 340
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 3202
  • Total Sq Ft: 3202
  • Sq Ft Total Bsmt: 1504

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Brick/Mortar
  • Road Frontage Type: Paved, Pub. Sidewalk

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air, Steam
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 180909.0909
  • Lot Size Area: 0.11
  • Lot Dimensions: 40.00X117.00
  • Parcel Number: W08I003230S
  • Zoning: Residential

Rental Info

  • Monthly Rental Income: 500

Tax Info

  • Tax Amount Summer: 1610.0000
  • Tax Amount Winter: 164.0000
  • Total Tax: 1774.0000

Multi Family

  • Gross Scheduled Income: 6000.00
  • Number Of Units Total: 2
  • Unit Count: 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
Feb 21, 2017
Closed on
Jun 28, 2017
Sold by
Ahmed Rizwan
Bought by
Scarberry Dale
Seller's Agent
Charles Ryan
Keller Williams Home
Buyer's Agent
Damon Jordan
The Swearingum Group, Inc
List Price
$25,000
Sold Price
$16,000
Premium/Discount to List
-$9,000
-36%
Current Estimated Value
$122,955

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,955
Avg. Annual Appreciation
27.48%

Purchase Details

Closed on
May 20, 2014
Sold by
Team Jp Enterprises Llc
Bought by
Ahmed Rizwan

Purchase Details

Closed on
Aug 17, 2012
Sold by
Wayne County Treasurer
Bought by
Team Jp Enterprises Llc
Source: Public Records

Range of Values:

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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
Scarberry Dale $16,000 Title Connect Llc
Ahmed Rizwan $13,500 None Available
Team Jp Enterprises Llc $1,010 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Person Jason $80,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2017 07/17/17 Sold $16,000 -36.0% $5 / Sq Ft
05/22/2017 05/22/17 Pending -- -- --
02/21/2017 02/21/17 For Sale $25,000 0.0% $8 / Sq Ft
12/01/2015 12/01/15 Rented $500 -23.1% --
11/13/2015 11/13/15 Under Contract -- -- --
04/13/2015 04/13/15 For Rent $650 -- --
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 $1,447 $39,500 $0 $0
2024 $1,447 $33,500 $0 $0
2023 $1,651 $26,800 $0 $0
2022 $1,758 $21,300 $0 $0
2021 $1,711 $17,300 $0 $0
2020 $1,711 $16,100 $0 $0
2019 $1,685 $15,200 $0 $0
2018 $1,510 $15,200 $0 $0
2017 $314 $17,400 $0 $0
2016 $1,799 $38,000 $0 $0
2015 $1,730 $17,300 $0 $0
2013 $2,397 $23,969 $0 $0
2010 -- $34,342 $1,106 $33,236
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 217012991

Realcomp

APN: 08-003230