NOT LISTED FOR SALE

Estimated Value: $283,000 - $298,000

6 Beds
4 Baths
2,800 Sq Ft
$105/Sq Ft Est. Value

Last Sold October 19, 2021

Last sale price $235,000 $84 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $1,605/month

7 Days on Market

About This Home

As of October 2021

GREAT DEAL!!! This beautiful Duplex located on Detroit's Westside in the Green Acres Historical Neighborhood. It is also walking distance to the Historical "Ave of Fashion" shopping district with new restaurants, clothing boutiques, lounges and much more. This is a wonderful opportunity to purchase "tenant free". Each unit features 3 Bedrooms, 1.5 Bathrooms, 2 fireplaces and a sunroom. Don't miss out. Highest and Best offers are due at Monday, September 20th at 9:00pm.

Last Agent to Sell the Property

Charles Micheaux

Immense Realty Group, LLC License #6501373898 Listed on: 09/14/2021

Last Buyer's Agent

Tiffany Willingham

Michigan Power Brokers LLC License #6501435433

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1940

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50.00x118.00

Home Design

  • Duplex
  • Brick Exterior Construction
  • Block Foundation
  • Vinyl Construction Material

Interior Spaces

  • 2,800 Sq Ft Home
  • 2-Story Property
  • Partially Finished Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number W02I005244S

Community Details

Overview

  • 2 Units
  • Woodward Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,654

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 2 Story
  • Year Built: 1940
  • State Equalized Value: 90400.0000
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.20
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Type: Partially Finished
  • Sq Ft Combined: 3250
  • Sq Ft Lower Floor: 450
  • Total Sq Ft: 2800
  • Sq Ft Total Bsmt: 800

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Aluminum, Brick, Vinyl
  • Foundation Materials: Block
  • Road Frontage Type: Paved

Utilities

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

Schools

  • School District: Detroit

Lot Info

  • Lot Size Area: 0.14
  • Lot Dimensions: 50.00X118.00
  • Parcel Number: W02I005244S
  • Zoning: Multi-Family
  • Percent Homestead Exempt: Yes

Rental Info

  • Monthly Rental Income: 3000

Tax Info

  • Tax Amount Summer: 3246.0000
  • Tax Amount Winter: 408.0000
  • Total Tax: 3654.0000
  • Taxable Value: 42996.0000

Multi Family

  • Gross Scheduled Income: 36000.00
  • Number Of Units Total: 2
  • Number of Three Bedroom Units: 2

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2021
Closed on
Oct 18, 2021
Sold by
Davis Kimberly A and Roberts Anne E
Bought by
Sellers Gonzetta
Seller's Agent
Charles Micheaux
Immense Realty Group, LLC
Buyer's Agent
Tiffany Willingham
Michigan Power Brokers LLC
List Price
$275,000
Sold Price
$235,000
Premium/Discount to List
-$40,000
-14.55%
Total Days on Market
7
Current Estimated Value
$292,862

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,862
Avg. Annual Appreciation
7.52%
Original Mortgage
$199,750
Outstanding Balance
$184,509
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$126,849
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
Sellers Gonzetta $235,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sellers Gonzetta $199,750
Previous Owner Roberts Kimberly A $150,000
Previous Owner Roberts Kimberly A $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2021 10/19/21 Sold $235,000 -14.5% $84 / Sq Ft
09/22/2021 09/22/21 Pending -- -- --
09/14/2021 09/14/21 For Sale $275,000 -- $98 / 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 $145 $6,200 $0 $0
2024 $145 $5,900 $0 $0
2023 $141 $5,900 $0 $0
2022 $3,383 $135,400 $0 $0
2021 $3,675 $109,800 $0 $0
2020 $3,654 $90,400 $0 $0
2019 $3,591 $69,500 $0 $0
2018 $3,138 $60,400 $0 $0
2017 $766 $55,300 $0 $0
2016 $3,535 $60,300 $0 $0
2015 $4,210 $42,100 $0 $0
2013 $4,431 $44,311 $0 $0
2010 -- $61,502 $2,049 $59,453
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2210075675

Realcomp

APN: 02-005244