NOT LISTED FOR SALE

Estimated Value: $195,000 - $214,000

4 Beds
2.5 Baths
1,465 Sq Ft
$137/Sq Ft Est. Value

Last Sold June 28, 2024

Last sale price $200,000 $137 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $1,223/month

98 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Forced Air Heating and Cooling System
  • Cass Technical High School Rated 10
  • Stainless Steel Appliances
  • 1-minute walk to Tuttle Playground

About This Home

As of June 2024

Fully Licensed AFC Home in Detroit - Investment Opportunity

Description:
Welcome to this fully licensed Adult Foster Care (AFC) home located in the heart of Detroit. This meticulously maintained property offers a unique opportunity for investors or individuals seeking to enter the AFC industry or someone looking for a home. The owner is willing to sell the property as stand alone or with the business.

Key Features:
- State Licensing: Fully licensed by the state of Michigan to operate as an AFC home, ensuring compliance and credibility.
- Location: Conveniently situated in a residential area of Detroit, close to hospitals, amenities, and public transportation.
- Property Details: Spacious layout with 4 bedrooms, two and a half bathrooms, and ample common areas suitable for AFC residents. The property also features wheelchair accessibility and other specialized amenities.
- Regulatory Compliance: Meets all state regulations and safety standards for AFC homes, providing a secure and compliant environment for residents.
- Income Potential: Historically proven income stream with the opportunity for expansion. New business so owner doesn't have financials.
- Investment Opportunity: Position this property as a lucrative investment in the growing AFC industry, with potential for long-term appreciation.

Tastefully decorated with neutral tones, huge master suite with walk-in closet, refinished hardwood floors. Nicely finished basement for entertaining with convenient half bath. New windows, furnace and newer water heater. Beautiful deck and spacious yard for your enjoyment. This one will not last long so don't lose out! Schedule appointments through ShowingTime. Data and Meas approx.

Last Agent to Sell the Property

Dominique Gyamfi

Keller Williams Home License #6501398170 Listed on: 03/19/2024

Keller Williams Home

Last Buyer's Agent

Jhalisha Foster

Real Broker LLC Troy License #6501397691

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1951 | Remodeled in 2018

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 46.00 x 132.00
  • Back Yard Fenced

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 1,465 Sq Ft Home
  • Furnished or left unfurnished upon request
  • Washer
  • Finished Basement

Kitchen

  • Self-Cleaning Oven
  • Gas Cooktop
  • Microwave
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 4 Bedrooms

Location

  • Ground Level

Utilities

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

Community Details

  • No Home Owners Association
  • Slatkins Harry Evergreen Subdivision

Listing and Financial Details

  • Assessor Parcel Number W22I100488S004
  • $3,000 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,766

Year Built

Built in 1951 | Remodeled in 2018

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Assessment: 240.00
  • Year Built: 1951
  • State Equalized Value: 39700.0000
  • Year Renovated: 2018
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Furnished - Negotiable, Exterior Video Surveillance
  • Room Count: 11
  • Total Bedrooms: 4
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished
  • Kitchen Appliances: Free-Standing Refrigerator, Gas Cooktop, Microwave, Self Cleaning Oven, Stainless Steel Appliance(s), Washer
  • Sq Ft Combined: 2122
  • Sq Ft Lower Floor: 657
  • Total Sq Ft: 1465
  • Sq Ft Total Bsmt: 657

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: Fenced
  • Foundation Materials: Block
  • Frontage Feet: 46
  • Road Frontage Type: Paved, Pub. Sidewalk
  • Fencing: Back Yard, Fence Allowed

Garage/Parking

  • Garage Size: No Garage

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Detroit

Lot Info

  • Lot Size Area: 0.14
  • Lot Dimensions: 46.00 x 132.00
  • Parcel Number: W22I100488S004

Tax Info

  • Tax Amount Summer: 1600.0000
  • Tax Amount Winter: 166.0000
  • Total Tax: 1766.0000
  • Taxable Value: 17670.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2024
Closed on
Jun 28, 2024
Sold by
Gyamfi Seth
Bought by
Gaines Tyesha
Seller's Agent
Dominique Gyamfi
Keller Williams Home
Buyer's Agent
Jhalisha Foster
Real Broker LLC Troy
List Price
$215,000
Sold Price
$200,000
Premium/Discount to List
-$15,000
-6.98%
Views
58
Current Estimated Value
$196,544

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,456
Avg. Annual Appreciation
0.06%
Original Mortgage
$196,072
Outstanding Balance
$193,920
Interest Rate
7.03%
Mortgage Type
FHA
Estimated Equity
$6,220

Purchase Details

Listed on
Sep 25, 2017
Closed on
Nov 20, 2017
Sold by
Norwood Pilar M and Norwood Jeffrey
Bought by
Gymaff Seth
Seller's Agent
Darroll Jenkins
Community Choice Realty Inc
Buyer's Agent
Dominique Gyamfi
Keller Williams Home
List Price
$74,900
Sold Price
$71,900
Premium/Discount to List
-$3,000
-4.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.74%
Original Mortgage
$70,597
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Listed on
Feb 16, 2015
Closed on
May 6, 2015
Sold by
Residential Group 115 Llc
Bought by
Norwood Pilar M
Seller's Agent
Adrena Holman
Redfin Corporation
Buyer's Agent
Darroll Jenkins
Community Choice Realty Inc
List Price
$42,900
Sold Price
$43,000
Premium/Discount to List
$100
0.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.34%
Original Mortgage
$42,073
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
May 15, 2014
Sold by
Anderson Tiago J
Bought by
Residential Group 115 Llc

Purchase Details

Closed on
May 13, 2004
Sold by
Godley Chester L and Burks Godley Carol
Bought by
Citifinancial Mortgage Co Inc
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
Gaines Tyesha $200,000 None Listed On Document
Gaines Tyesha $200,000 None Listed On Document
Gymaff Seth $71,900 Title Connect Llc
Norwood Pilar M $43,000 Title Express Llc
Residential Group 115 Llc $16,768 None Available
Citifinancial Mortgage Co Inc $93,362 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gaines Tyesha $196,072
Closed Gaines Tyesha $10,000
Previous Owner Gyamfl Seth $70,597
Previous Owner Norwood Pilar M $42,073
Previous Owner Anderson Tiago $7,200
Previous Owner Anderson Tiago J $83,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2024 06/28/24 Sold $200,000 +2.6% $137 / Sq Ft
06/25/2024 06/25/24 Pending -- -- --
05/10/2024 05/10/24 Price Changed $195,000 -9.3% $133 / Sq Ft
03/19/2024 03/19/24 For Sale $215,000 +199.0% $147 / Sq Ft
11/20/2017 11/20/17 Sold $71,900 -4.0% $49 / Sq Ft
10/02/2017 10/02/17 Pending -- -- --
09/25/2017 09/25/17 For Sale $74,900 +74.2% $51 / Sq Ft
05/06/2015 05/06/15 Sold $43,000 +0.2% $44 / Sq Ft
03/20/2015 03/20/15 Pending -- -- --
02/16/2015 02/16/15 For Sale $42,900 -- $44 / 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 $1,648 $57,800 $0 $0
2024 $1,648 $50,400 $0 $0
2023 $1,600 $39,700 $0 $0
2022 $1,711 $32,000 $0 $0
2021 $1,385 $25,600 $0 $0
2020 $1,370 $22,900 $0 $0
2019 $1,349 $17,800 $0 $0
2018 $1,146 $15,400 $0 $0
2017 $283 $14,900 $0 $0
2016 $1,681 $19,000 $0 $0
2015 $1,900 $19,000 $0 $0
2013 -- $23,741 $0 $0
2010 -- $34,808 $1,239 $33,569
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20240017462

Realcomp

APN: 22-100488-004