NOT LISTED FOR SALE

Estimated Value: $85,000 - $197,626

5 Beds
4 Baths
3,012 Sq Ft
$41/Sq Ft Est. Value

Sale Details

Date Sold: March 3, 2022

Last sale price $72,500 $24 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $814 / mo

About This Home

As of March 2022

investor special, less than 10 mins from Downtown Detroit, minutes away from Wayne state university

Last Agent to Sell the Property

Brandy Maynard

EXP Realty Main License #6501423882 Listed on: 03/04/2022

EXP Realty Main

Last Buyer's Agent

Bill Swanson

O'Connor Realty License #RCO

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1921

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 33.00x123.00

Home Design

  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 3,012 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number W08I002453S

Community Details

Overview

  • 2 Units
  • Joy Farm Sub Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$42

Year Built

Built in 1921

Lot Details

3,920 Sq Ft Lot

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Year Built: 1921
  • State Equalized Value: 600.0000
  • 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: Unfinished
  • Total Sq Ft: 3012

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Poured
  • Road Frontage Type: Paved

Utilities

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

Lot Info

  • List Price per Acre: 877777.7700
  • Lot Size Area: 0.09
  • Lot Dimensions: 33.00X123.00
  • Parcel Number: W08I002453S
  • Zoning: Multi-Family
  • Percent Homestead Exempt: Yes

Rental Info

  • Legal Rental Certified: Yes
  • Monthly Rental Income: 2400

Tax Info

  • Tax Amount Summer: 37.0000
  • Tax Amount Winter: 5.0000
  • Total Tax: 42.0000
  • Taxable Value: 528.0000

Multi Family

  • Gross Scheduled Income: 28000.00
  • Number Of Units Total: 2

MLS Schools

  • School District: Detroit

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 8, 2024
Sold by
Jamber Estates Llc
Bought by
Current Estimated Value
$123,657

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Outstanding Balance
$222,833
Interest Rate
6.29%
Mortgage Type
New Conventional
Estimated Equity
-$99,176

Purchase Details

Listed on
Mar 4, 2022
Closed on
Mar 3, 2022
Sold by
Sound Investment Property Group Llc
Bought by
Jamber Estates Llc
Seller's Agent
Brandy Maynard
EXP Realty Main
Buyer's Agent
Bill Swanson
O'Connor Realty
List Price
$79,000
Sold Price
$72,500
Premium/Discount to List
-$6,500
-8.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.54%

Purchase Details

Listed on
Jun 25, 2021
Closed on
Aug 20, 2021
Sold by
Abdallah Loai
Bought by
Sound Investment Property Group Llc
Seller's Agent
Robert Kabbani
Keller Williams Legacy
Buyer's Agent
Levonce Baldwin
Keller Williams Advantage
List Price
$69,900
Sold Price
$69,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.13%

Purchase Details

Closed on
Oct 28, 2014
Sold by
Cashflow To Retire Llc
Bought by
Abdallah Loai

Purchase Details

Closed on
Nov 7, 2013
Sold by
Wayne County Treasurer
Bought by
Cashflow To Retire Llc

Purchase Details

Closed on
Jun 24, 2005
Sold by
Magee Sandra
Bought by
Magee Helen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,000
Interest Rate
7.65%
Mortgage Type
Stand Alone First
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Virginia Park Community, MI

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Liberty Title
Jamber Estates Llc -- None Listed On Document
Jamber Estates Llc $72,500 None Listed On Document
Sound Investment Property Group Llc $69,900 V1 Title Agency
Abdallah Loai -- None Available
Cashflow To Retire Llc $500 None Available
Magee Helen -- Abstract Title Agency
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $250,000
Previous Owner Magee Helen $51,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/04/2022 03/04/22 For Sale $79,000 +9.0% $26 / Sq Ft
03/03/2022 03/03/22 Sold $72,500 +3.7% $24 / Sq Ft
03/03/2022 03/03/22 Pending -- -- --
08/20/2021 08/20/21 Sold $69,900 0.0% $23 / Sq Ft View Prior Sale
08/03/2021 08/03/21 Pending -- -- --
06/25/2021 06/25/21 For Sale $69,900 -- $23 / Sq Ft
Source: Realcomp

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,580 $23,600 $0 $0
2024 $1,310 $19,300 $0 $0
2023 $1,518 $15,300 $0 $0
2022 $352 $600 $0 $0
2021 $286 $600 $0 $0
2020 $386 $600 $0 $0
2019 $45 $600 $0 $0
2018 $38 $500 $0 $0
2017 $9 $500 $0 $0
2016 $667 $1,300 $0 $0
2015 $790 $7,900 $0 $0
2013 $1,101 $11,006 $0 $0
2010 -- $15,770 $729 $15,041
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2220014450

Realcomp

APN: 08-002453

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