NOT LISTED FOR SALE

Estimated Value: $56,000 - $80,000

2 Beds
2 Baths
1,298 Sq Ft
$53/Sq Ft Est. Value

Last Sold November 01, 2016

Last sale price $7,924 $6 Per Sq Ft

Est. 774% increase in value since last sale

Current estimated payment $463/month

38 Days on Market

About This Home

As of November 2016

Ready to earn some rental income? This multi unit home with 3 bedrooms and 2 bathrooms is available. It features about 1,300 square feet of living space with a welcoming front porch, a brick fireplace, wood flooring, lots of windows, and a basement to accommodate future needs. About 4 minutes away from I-75.
Listing Broker and Seller assume no responsibility and make no guarantees, representations, warranties (express, implied or otherwise) as to the availability or accuracy of information contained herein.  ‘4.5% buyer premium charged to buyer at closing.’ SHOWING ID:0007100098230

Last Agent to Sell the Property

Logan Farrer

Realhome Services and Solutions Inc License #6502391260 Listed on: 09/02/2016

Last Buyer's Agent

Non Participant

Non Realcomp Office License #RCO

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1926

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 35.00x98.98

Interior Spaces

  • 2 Full Bathrooms
  • 1,298 Sq Ft Home
  • 2-Story Property
  • Basement

Utilities

  • Heating System Uses Natural Gas

Community Details

  • 2 Units
  • Eight Oakland Subdivision

Listing and Financial Details

  • Assessor Parcel Number W09I021999S

Property Details

Home Type

Multi-Family

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Level: 2 Story
  • Year Built: 1926
  • Special Features: 20
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Sq Ft Combined: 1298
  • Total Sq Ft: 1298
  • Sq Ft Total Bsmt: 1298

Exterior Features

  • Foundation Details: Basement
  • Road Frontage Type: Paved

Utilities

  • Heating Fuel: Natural Gas
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 79500.0000
  • Lot Size Area: 0.08
  • Lot Dimensions: 35.00X98.98
  • Parcel Number: W09I021999S
  • Zoning: Multi-Family

Tax Info

  • Tax Amount Summer: 1164.0000
  • Tax Amount Winter: 100.0000
  • Total Tax: 1264.0000

Multi Family

  • Number Of Units Total: 2
  • Number of Two Bedroom Units: 1

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2016
Closed on
Oct 17, 2016
Sold by
Hsbc Bank Usa National Association
Bought by
Park Hyun
Seller's Agent
Logan Farrer
Realhome Services and Solutions Inc
Buyer's Agent
Non Participant
Non Realcomp Office
List Price
$6,360
Sold Price
$7,924
Premium/Discount to List
$1,564
24.59%
Current Estimated Value
$69,293

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,369
Avg. Annual Appreciation
27.21%

Purchase Details

Closed on
Aug 2, 2016
Sold by
Green Romell and Green Nicole
Bought by
Hsbc Bank Usa National Association

Purchase Details

Closed on
Jul 15, 2004
Sold by
Wilcox Terry and Payton Kevin
Bought by
Green Romell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,400
Interest Rate
8.49%
Mortgage Type
Unknown
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
Park Hyun $7,924 Premium Title Services Inc
Hsbc Bank Usa National Association $7,000 Attorney
Green Romell $53,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Green Romell $42,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2016 11/01/16 Sold $7,924 +24.6% $6 / Sq Ft
10/10/2016 10/10/16 Pending -- -- --
09/02/2016 09/02/16 For Sale $6,360 -- $5 / 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 $1,065 $34,700 $0 $0
2024 $1,065 $29,000 $0 $0
2023 $1,033 $23,400 $0 $0
2022 $1,098 $16,600 $0 $0
2021 $1,070 $12,200 $0 $0
2020 $1,069 $10,700 $0 $0
2019 $1,054 $10,100 $0 $0
2018 $932 $9,300 $0 $0
2017 $167 $8,800 $0 $0
2016 $1,132 $30,500 $0 $0
2015 $1,050 $10,500 $0 $0
2013 $1,310 $13,100 $0 $0
2010 -- $21,446 $683 $20,763
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 216087728

Realcomp

APN: 09-021999