NOT LISTED FOR SALE

Estimated Value: $45,000 - $60,000

3 Beds
1 Bath
891 Sq Ft
$61/Sq Ft Est. Value

Last Sold February 28, 2023

Last sale price $47,000 $53 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $407/month

6 Days on Market

Highlights

  • Ground Level Unit
  • No HOA
  • Forced Air Heating System
  • Cass Technical High School Rated 10
  • Bungalow

About This Home

As of February 2023

Incredible opportunity to add a cashing flowing asset to your portfolio! LONG TERM tenant in place paying $800 per month. Low maintenance home features newer windows, HVAC, kitchen counters, and more! Don’t miss your chance to create passive income for yourself through the safest asset known to man. Inquire today!

Last Agent to Sell the Property

Jay Kabbani

Keller Williams Legacy License #6501401180 Listed on: 02/08/2023

Keller Williams Legacy

Last Buyer's Agent

Jay Kabbani

Keller Williams Legacy License #6501401180 Listed on: 02/08/2023

Keller Williams Legacy

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1944

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 44.00x100.00

Home Design

  • Bungalow
  • Block Foundation
  • Vinyl Construction Material

Interior Spaces

  • 891 Sq Ft Home
  • 1.5-Story Property
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Location

  • Ground Level Unit

Utilities

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

Community Details

  • No Home Owners Association
  • Seven Oaks Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number W13I018419C535

Home Details

Home Type

Single Family

Est. Annual Taxes

$767

Year Built

Built in 1944

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Assessment: 240.00
  • Year Built: 1944
  • State Equalized Value: 10100.0000
  • Entry Location: Ground Level
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 6
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Partially Finished
  • Sq Ft Combined: 1291
  • Sq Ft Lower Floor: 400
  • Total Sq Ft: 891
  • Sq Ft Total Bsmt: 696

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Foundation Materials: Block
  • Frontage Feet: 44
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: No Garage

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 450000.0000
  • Lot Size Area: 0.10
  • Lot Dimensions: 44.00X100.00
  • Parcel Number: W13I018419C535

Tax Info

  • Tax Amount Summer: 712.0000
  • Tax Amount Winter: 55.0000
  • Total Tax: 767.0000
  • Taxable Value: 6050.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2023
Closed on
Feb 28, 2023
Sold by
Riyoga Llc
Bought by
Laarq Estates Llc
Seller's Agent
Jay Kabbani
Keller Williams Legacy
Buyer's Agent
Jay Kabbani
Keller Williams Legacy
List Price
$45,000
Sold Price
$47,000
Premium/Discount to List
$2,000
4.44%
Views
88
Current Estimated Value
$54,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,000
Avg. Annual Appreciation
13.79%

Purchase Details

Listed on
Feb 21, 2022
Closed on
Feb 18, 2022
Sold by
Richard Viano
Bought by
Wecan Investments Llc
Seller's Agent
Sobhi Nehme
Keller Williams Legacy
Buyer's Agent
Jay Kabbani
Keller Williams Legacy
Sold Price
$50,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.89%

Purchase Details

Closed on
Jan 21, 2021
Sold by
Kimberly Keul
Bought by
Viano Richard

Purchase Details

Closed on
Mar 31, 2006
Sold by
City Wide Building Llc
Bought by
Viano Richard

Purchase Details

Closed on
Aug 19, 2004
Sold by
Detroit Neighborhood Development Corp
Bought by
City Wide Building Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
6.4%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 4, 2003
Sold by
Detroit Neighborhood Development Corp
Bought by
City Wide Building 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
Laarq Estates Llc $47,000 Regions Title
Wecan Investments Llc $35,000 Liberty Title
Viano Richard $24,130 Brickner Barry L
Viano Richard $21,000 Title Insurance Company
City Wide Building Llc -- --
City Wide Building Llc -- Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Laarq Estates Llc $210,700
Previous Owner Starbright Homes Inc $225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2023 02/28/23 Sold $47,000 +4.4% $53 / Sq Ft
02/14/2023 02/14/23 Pending -- -- --
02/08/2023 02/08/23 For Sale $45,000 -10.0% $51 / Sq Ft
02/21/2022 02/21/22 Sold $50,000 -- $56 / Sq Ft
02/21/2022 02/21/22 Pending -- -- --
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 $1,357 $17,400 $0 $0
2024 $1,357 $14,700 $0 $0
2023 $1,187 $12,300 $0 $0
2022 $769 $10,100 $0 $0
2021 $751 $6,375 $0 $0
2020 $751 $6,600 $0 $0
2019 $742 $5,670 $0 $0
2018 $680 $5,900 $0 $0
2017 $106 $5,600 $0 $0
2016 $898 $21,200 $0 $0
2015 $870 $8,700 $0 $0
2013 $1,419 $14,193 $0 $0
2010 -- $20,809 $1,085 $19,724
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20230009637

Realcomp

APN: 13-018419-535