NOT LISTED FOR SALE

Estimated Value: $62,000 - $96,000

4 Beds
2 Baths
1,646 Sq Ft
$49/Sq Ft Est. Value

Last Sold July 22, 2024

Last sale price $78,500 $48 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $490/month

14 Days on Market

Highlights

  • A-Frame Home
  • Forced Air Heating System
  • Walk-Up Access
  • Cass Technical High School Rated 10
  • 1 Car Garage

About This Home

As of July 2024

Calling all Investors and all buyers, Bring All Offers Today! This solid duplex with each unit featuring 2 bedroom, 1 bath is perfect for your next project! The neighborhood is developing rapidly growing and rental income if you decide to hold. Close to grocerry ,highways. This is one not to be missed! Get your showing today. . 2 story duplex, 2 bedroom, 1 bathroom each unit. UPDATED AND READY TO SELL!

Last Agent to Sell the Property

Joyanta Deb

MR Realty Plus License #6501431749 Listed on: 05/29/2024

Last Buyer's Agent

Joyanta Deb

MR Realty Plus License #6501431749 Listed on: 05/29/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1923

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 30.00 x 120.00

Parking

  • 1 Car Garage

Home Design

  • A-Frame Home
  • Block Foundation
  • Vinyl Construction Material

Interior Spaces

  • 2 Full Bathrooms
  • 1,646 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Walk-Up Access

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number W09I018630S
  • Seller Concessions Offered

Community Details

Overview

  • 2 Units
  • Cadillac Heights No 3 Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$891

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: A-Frame
  • Architecture Level: 2 Story
  • Assessment: 340.00
  • Year Built: 1923
  • State Equalized Value: 24400.0000
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished, Walk-Up Access
  • Sq Ft Combined: 1646
  • Total Sq Ft: 1646
  • Sq Ft Total Bsmt: 823

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Foundation Materials: Block
  • Road Frontage Type: Paved
  • Sideof Street: E

Garage/Parking

  • Garage: Yes
  • Total Parking Spaces: 1

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Sewer at Street
  • Water Source: Water at Street

Schools

  • School District: Detroit

Lot Info

  • Lot Size Area: 0.08
  • Lot Dimensions: 30.00 x 120.00
  • Parcel Number: W09I018630S
  • Zoning: Multi-Family

Rental Info

  • Monthly Rental Income: 1600

Tax Info

  • Tax Amount Summer: 831.0000
  • Tax Amount Winter: 60.0000
  • Total Tax: 891.0000
  • Taxable Value: 6381.0000

Multi Family

  • Gross Scheduled Income: 19200.00
  • Number Of Units Total: 2
  • Unit Count: 2
  • Number of Two Bedroom Units: 2

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2024
Closed on
Jul 22, 2024
Sold by
Lacey Thomas and Lacey Shawna Welborn
Bought by
Bashar Abdul and Bashar Tashrifa
Seller's Agent
Joyanta Deb
MR Realty Plus
Buyer's Agent
Joyanta Deb
MR Realty Plus
List Price
$99,500
Sold Price
$78,500
Premium/Discount to List
-$21,000
-21.11%
Views
17
Current Estimated Value
$80,879

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,379
Avg. Annual Appreciation
-0.15%
Original Mortgage
$58,875
Outstanding Balance
$57,250
Interest Rate
6.17%
Mortgage Type
New Conventional
Estimated Equity
$21,124

Purchase Details

Listed on
Sep 14, 2016
Closed on
Oct 4, 2016
Sold by
The Bank Of New York Mellon
Bought by
Lacey Thomas and Lacey Shawna Welborn
Seller's Agent
Zena Dakroub
Realty Executives Classic
Buyer's Agent
Zena Dakroub
Realty Executives Classic
List Price
$13,500
Sold Price
$13,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.39%

Purchase Details

Closed on
Oct 28, 2015
Sold by
Morris David Robert
Bought by
The Bank Of New York Mellon and The Bank Of New York
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
Bashar Abdul $78,500 None Listed On Document
Lacey Thomas $13,500 None Available
The Bank Of New York Mellon -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bashar Abdul $58,875
Previous Owner Morris David R $64,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2024 07/22/24 Sold $78,500 -21.1% $48 / Sq Ft
06/13/2024 06/13/24 Pending -- -- --
05/29/2024 05/29/24 For Sale $99,500 +637.0% $60 / Sq Ft
10/13/2016 10/13/16 Sold $13,500 0.0% $8 / Sq Ft
09/19/2016 09/19/16 Pending -- -- --
09/14/2016 09/14/16 For Sale $13,500 -- $8 / 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 $605 $36,300 $0 $0
2024 $605 $30,200 $0 $0
2023 $831 $24,400 $0 $0
2022 $871 $16,900 $0 $0
2021 $854 $12,400 $0 $0
2020 $902 $10,800 $0 $0
2019 $844 $10,200 $0 $0
2018 $768 $9,500 $0 $0
2017 $103 $8,900 $0 $0
2016 $820 $31,100 $0 $0
2015 $640 $6,400 $0 $0
2013 $800 $7,995 $0 $0
2010 -- $11,722 $769 $10,953
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20240036164

Realcomp

APN: 09-018630