NOT LISTED FOR SALE

Estimated Value: $47,000 - $86,000

3 Beds
1 Bath
1,128 Sq Ft
$62/Sq Ft Est. Value

Last Sold August 23, 2024

Last sale price $75,000 $66 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $475/month

82 Days on Market

Highlights

  • No HOA
  • 1 Car Detached Garage
  • Bungalow
  • Cass Technical High School Rated 10
  • Porch
  • Forced Air Heating System

About This Home

As of August 2024

SECTION 8 ***SKY HIGH ROI OF 12%*** Solid Brick 3 Bed Eastside cash cow produces $11,400 of gross income, professionally managed and turnkey ready for a savvy investor. Section 8 voucher for 950/month can be maximized and increased in the future. This charming bungalow with full basement is low maintenance and has a newer 3D shingled roof, vinyl windows and tons of curb appeal. Family friendly with generous sized lot, detached garage and fenced yard. With a great location near Osborn high school, shopping and many dining options, this rental is always in demand. Add this cash flow gem to your portfolio!!!

Last Agent to Sell the Property

Sam Berri

U.S. Investor Group License #6501413969 Listed on: 06/01/2024

Co-Listed By

Al Baydoun

U.S. Investor Group License #6501424036

Last Buyer's Agent

Andre Hardy

Coldwell Banker Professionals-GPF License #6501442553

Coldwell Banker Professionals-GPF

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1947

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 45.00 x 110.00
  • Back Yard Fenced

Parking

  • 1 Car Detached Garage

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 1,128 Sq Ft Home
  • 1.5-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

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

Additional Features

  • Porch
  • Ground Level

Community Details

  • No Home Owners Association
  • Longhill Subdivision

Listing and Financial Details

  • Assessor Parcel Number W21I033195S
  • $2,000 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,167

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Assessment: 240.00
  • Year Built: 1947
  • State Equalized Value: 10735.0000
  • Entry Location: Ground Level w/Steps
  • 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: Unfinished
  • Sq Ft Combined: 1128
  • Total Sq Ft: 1128
  • Sq Ft Total Bsmt: 752

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Aluminum, Brick
  • Exterior Features: Fenced
  • Foundation Materials: Block
  • Frontage Feet: 45
  • Porch Type: Porch
  • Road Frontage Type: Paved
  • Fencing: Back Yard, Fenced

Garage/Parking

  • Garage Size: 1 Car
  • Garage Features: Detached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Detroit

Lot Info

  • Lot Size Area: 0.11
  • Lot Dimensions: 45.00 x 110.00
  • Parcel Number: W21I033195S

Tax Info

  • Tax Amount Summer: 1066.0000
  • Tax Amount Winter: 101.0000
  • Total Tax: 1167.0000
  • Taxable Value: 10735.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2024
Closed on
Aug 23, 2024
Sold by
Istaria Llc
Bought by
Ferber Holdings Llc
Seller's Agent
Sam Berri
U.S. Investor Group
Buyer's Agent
Andre Hardy
Coldwell Banker Professionals-GPF
List Price
$75,000
Sold Price
$75,000
Views
33
Current Estimated Value
$70,162

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,838
Avg. Annual Appreciation
-6.39%

Purchase Details

Closed on
Mar 8, 2022
Sold by
Rudybega Properties Llc
Bought by
Istaria Llc

Purchase Details

Closed on
Oct 31, 2018
Sold by
Tesh 1 Llc
Bought by
Rudybega Properties Llc

Purchase Details

Closed on
Nov 16, 2017
Sold by
Sabree Eric R
Bought by
Tesh 1 Llc

Purchase Details

Closed on
Nov 7, 2013
Sold by
Wayne County Treasurer
Bought by
Jackson Jacqueline

Purchase Details

Closed on
Mar 12, 2008
Sold by
Detroit Property Improvement & Investmen
Bought by
Carter Lawrence

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Interest Rate
5.74%
Mortgage Type
Balloon

Purchase Details

Closed on
Aug 31, 2006
Sold by
Carter Latrinda
Bought by
Matrix Financial Services

Purchase Details

Closed on
Jul 3, 2002
Sold by
Bralen Inc
Bought by
Carter Latrinda

Purchase Details

Closed on
May 9, 2002
Sold by
Thompson James E
Bought by
Bralen
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
Ferber Holdings Llc $75,000 Paramount Title
Istaria Llc $63,250 First American Title
Rudybega Properties Llc $44,500 First American Title
Tesh 1 Llc $3,700 None Available
Jackson Jacqueline $1,100 None Available
Carter Lawrence -- Parks Title
Matrix Financial Services $95,996 None Available
Carter Latrinda $90,000 --
Bralen $46,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Carter Lawrence $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2024 08/23/24 Sold $75,000 0.0% $66 / Sq Ft
08/23/2024 08/23/24 Pending -- -- --
06/01/2024 06/01/24 For Sale $75,000 -- $66 / 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 $1,099 $16,200 $0 $0
2024 $1,099 $14,200 $0 $0
2023 $1,066 $10,735 $0 $0
2022 $912 $10,300 $0 $0
2021 $889 $8,500 $0 $0
2020 $889 $7,700 $0 $0
2019 $877 $7,200 $0 $0
2018 $756 $6,700 $0 $0
2017 $123 $6,500 $0 $0
2016 $1,334 $14,500 $0 $0
2015 $1,450 $14,500 $0 $0
2013 $2,015 $20,153 $0 $0
2010 -- $29,547 $1,419 $28,128
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20240036925

Realcomp

APN: 21-033195