NOT LISTED FOR SALE

1963 Trowbridge St HamtraMcK, MI 48212

Estimated Value: $197,000 - $239,000

4 Beds
2 Baths
1,400 Sq Ft
$156/Sq Ft Est. Value

Last Sold December 11, 2018

Last sale price $88,500 $63 Per Sq Ft

Est. 146% increase in value since last sale

Current estimated payment $1,348/month

24 Days on Market

Highlights

  • Covered Patio or Porch
  • Tankless Water Heater
  • Ceiling Fan
  • Balcony
  • Forced Air Heating System
  • High Speed Internet

About This Home

As of December 2018

look no further here is a perfect income property with all of the major items done including two remodeled kitchens and bathrooms, newer flooring through out, one new furnace, two new tankless instant hot water systems, vinyl windows all perfectly located walking distance to the Hamtramck business district an public transportation. Both units occupied with good tenants that will stay. Note current rent on the lower level is slightly below market due to a good long term tenant. As of now next showings will be Saturday between 2 and 4:30. I am trying to open up other times. Contact me with specific requests.

Last Agent to Sell the Property

Dave Garbarino

Wilbanks Real Estate License #6501274756 Listed on: 09/25/2018

Last Buyer's Agent

Jim Shaffer

Good Company License #RCO-6502380733

Good Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $816

Year Built

  • Built in 1918 | Remodeled in 2016

Lot Details

  • Lot Dimensions are 30x100
  • Fenced

Home Design

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

Interior Spaces

  • 2 Full Bathrooms
  • 1,400 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Unfinished Basement
  • Crawl Space

Parking

  • On-Street Parking
  • Off-Site Parking

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Exterior Lighting

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Tankless Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • 2 Units
  • Adolph Sloman Milwaukee Junction Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 41003050167000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$816

Year Built

Built in 1918 | Remodeled in 2016

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 2 Story
  • Year Built: 1918
  • Year Renovated: 2016
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 1400
  • Total Sq Ft: 1400
  • Sq Ft Total Bsmt: 150

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement, Crawl
  • Construction Materials: Vinyl
  • Exterior Features: Fenced, Lighting
  • Foundation Materials: Block
  • Porch Type: Balcony, Porch - Covered
  • Road Frontage Type: Paved

Garage/Parking

  • MF Parking: Off Site, On Street

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Wall Unit(s)
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Tankless
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Schools

  • School District: Hamtramck

Lot Info

  • Lot Dimensions: 30X100
  • Parcel Number: 41003050167000
  • Zoning: Multi-Family

Rental Info

  • Legal Rental Certified: Yes
  • Monthly Rental Income: 1300

Tax Info

  • Tax Amount Summer: 816.0000
  • Total Tax: 816.0000

Multi Family

  • Gross Scheduled Income: 15600.00
  • Number Of Units Total: 2
  • Unit Count: 2
  • Number of Two Bedroom Units: 2
  • Number Of Units Leased: 2

MLS Schools

  • School District: Hamtramck

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2018
Closed on
Dec 10, 2018
Sold by
Garbarino Maxwell T
Bought by
Gana Acho Doris
Seller's Agent
Dave Garbarino
Wilbanks Real Estate
Buyer's Agent
Jim Shaffer
Good Company
List Price
$99,999
Sold Price
$88,500
Premium/Discount to List
-$11,499
-11.5%
Current Estimated Value
$218,113

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,613
Avg. Annual Appreciation
13.93%
Original Mortgage
$66,375
Outstanding Balance
$59,153
Interest Rate
4.9%
Mortgage Type
New Conventional
Estimated Equity
$155,897

Purchase Details

Closed on
Nov 14, 2005
Sold by
Redziniak Myron S and Redziniak Nancy
Bought by
Garbarino Maxwell T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,720
Interest Rate
6.13%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 25, 1999
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
Gana Acho Doris $88,500 Liberty Title
Garbarino Maxwell T $88,200 Rels Title Company
-- $47,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2018 12/11/18 Sold $88,500 -11.5% $63 / Sq Ft
10/19/2018 10/19/18 Pending -- -- --
10/03/2018 10/03/18 Price Changed $99,998 0.0% $71 / Sq Ft
09/25/2018 09/25/18 For Sale $99,999 -- $71 / 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 $2,309 $88,100 $0 $0
2024 $2,309 $76,600 $0 $0
2023 $2,538 $64,300 $0 $0
2022 $2,233 $56,400 $0 $0
2021 $2,445 $46,400 $0 $0
2020 $2,423 $39,400 $0 $0
2019 $2,401 $31,600 $0 $0
2018 $834 $22,300 $0 $0
2017 $322 $15,000 $0 $0
2016 $967 $13,400 $0 $0
2015 $1,270 $12,700 $0 $0
2013 $1,280 $12,800 $0 $0
2012 $1,057 $14,300 $2,100 $12,200
Source: Public Records

Agents Affiliated with this Home

  • Dave Garbarino

    Seller's Agent in 2018

    Dave Garbarino

    Wilbanks Real Estate

    (734) 658-3265

    127 Total Sales

    Dave Garbarino
    Section Image
  • Jim Shaffer

    Buyer's Agent in 2018

    Jim Shaffer

    Good Company

    (248) 834-3030

    2 in this area

    3,729 Total Sales

    Jim Shaffer
    Section Image
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Map

Source: Realcomp

MLS Number: 218093852

Realcomp

APN: 41-003-05-0167-000

Michigan Wayne County Hamtramck 48212

1963 Trowbridge St, Hamtramck, MI

This home is located at 1963 Trowbridge St, HamtraMcK, MI 48212 since 25 September 2018 and is currently estimated at $218,113, approximately $155 per square foot. This property was built in 1918. 1963 Trowbridge St is a home located in Wayne County with nearby schools including Dickinson West Elementary School, Kosciuszko Middle School, and Hamtramck High School.

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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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