NOT LISTED FOR SALE

Estimated Value: $55,412 - $66,000

3 Beds
1 Bath
740 Sq Ft
$82/Sq Ft Est. Value

Last Sold November 06, 2012

Last sale price $3,750 $5 Per Sq Ft

Est. 1,516% increase in value since last sale

Current estimated payment $388/month

26 Days on Market

Highlights

  • Porch
  • Bungalow
  • 3-minute walk to Carrie Ave. Park
  • Cass Technical High School Rated 10
  • Forced Air Heating and Cooling System

About This Home

As of November 2012

*Tenant occupied home* Savvy Investor Opportunity. After deducting property management co fees, home ins. & property taxes you will still have 81% return annually on your initial investment. Buyer to pay for pre-sale inspection. Private owned quick response. Please, do not disturb tenant. THIS IS NOT A SHORT SALE.

Last Agent to Sell the Property

Charles Ramey

Keller Williams Realty Lakeside License #MISPE-6501352793 Listed on: 10/10/2012

Keller Williams Realty Lakeside

Last Buyer's Agent

Charles Ramey

Keller Williams Realty Lakeside License #MISPE-6501352793 Listed on: 10/10/2012

Keller Williams Realty Lakeside

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1944

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 40x113

Home Design

  • Bungalow
  • Vinyl Siding

Interior Spaces

  • 740 Sq Ft Home
  • 1.5-Story Property
  • Basement
  • Block Basement Construction

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • Association fees include water/sewer

Listing and Financial Details

  • Assessor Parcel Number W15I006529S

Home Details

Home Type

Single Family

Year Built

Built in 1944

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL CONDO
  • Type: Investment
  • Type Of Property: Residential
  • Architecture Style: Bungalow
  • Structure Style: 1 1/2 Story
  • Total Tax Amount: 1265.6
  • Total Tax Year: 2011
  • Year Built: 1944
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Yes
  • Basement: Block
  • Bedrooms: 3
  • Bedroom 1: On Upper Floor, Dimensions: 12 x 11
  • Bedroom 2: On Entry Level, Dimensions: 12 x 9
  • Bedroom 3: On Entry Level, Dimensions: 11 x 8
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Kitchen: On Entry Level, Dimensions: 12 x 7
  • Living Room: On Entry Level, Dimensions: 13 x 11
  • Above Grade Finished Sq Ft: 740
  • Total Finished Sq Ft: 740

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Features: Porch
  • Foundation: Basement
  • Road: Paved Street

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public At Street
  • Water: Public Water
  • Water Heater: Gas
  • Cooling: Central A/C

Condo/Co-op/Association

  • HOA Fee Includes: Water/Sewer

Lot Info

  • Assessor Parcel Number: W15I006529S
  • Zoning: Residential
  • Lot Dimensions: 40X113
  • Acreage: 0.1
  • Map Side Numeric: 1
  • Map Top Alpha: AC
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2011, Amount: $1,164.34
  • Winter Tax: Year: 2011, Amount: $101.26
  • Total Tax: Year: 2011, Amount: $1,265.60
  • SEV Year: 2011

MLS Schools

  • School District: Detroit City School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2012
Closed on
Oct 26, 2012
Sold by
Dent A Cherry and Dent Alberta Cherry
Bought by
Patterson Terria
Seller's Agent
Charles Ramey
Keller Williams Realty Lakeside
Buyer's Agent
Charles Ramey
Keller Williams Realty Lakeside
List Price
$3,750
Sold Price
$3,750
Total Days on Market
26
Current Estimated Value
$60,603

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,853
Avg. Annual Appreciation
23.87%
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
Patterson Terria $3,750 Continental Title Agency Llc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2012 11/06/12 Sold $3,750 0.0% $5 / Sq Ft
11/05/2012 11/05/12 Pending -- -- --
10/10/2012 10/10/12 For Sale $3,750 -- $5 / Sq Ft
Source: Michigan Multiple Listing Service

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 $711 $24,300 $0 $0
2024 $711 $20,600 $0 $0
2023 $688 $16,800 $0 $0
2022 $741 $13,500 $0 $0
2021 $726 $10,700 $0 $0
2020 $719 $9,500 $0 $0
2019 $710 $7,700 $0 $0
2018 $624 $6,800 $0 $0
2017 $121 $6,400 $0 $0
2016 $898 $15,700 $0 $0
2015 $1,090 $10,900 $0 $0
2013 $1,357 $13,573 $0 $0
2010 -- $19,900 $922 $18,978
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31122670

Michigan Multiple Listing Service

APN: 15-006529