NOT LISTED FOR SALE

2014 Waverly St Detroit, MI 48238

Dexter-Linwood Neighborhood

Estimated Value: $22,553 - $91,000

-- Bed
2 Baths
1,956 Sq Ft
$32/Sq Ft Est. Value

Last Sold January 03, 2024

Last sale price $20,500 $10 Per Sq Ft

Est. 174% increase in value since last sale

Current estimated payment $437/month

Highlights

  • 1 Fireplace
  • Forced Air Heating System
  • Wood Siding
  • Cass Technical High School Rated 10

About This Home

As of January 2024

Wow! This incredible spacious two family property is now available for immediate occupancy at closing. Exterior features include a covered front porch, great curb appeal, and a quiet street. The interior of this huge property features two large bedrooms in each unit and a full basement. Just waiting for your finishing touches.

Last Agent to Sell the Property

Derek Werenka

SimpliHOM MI LLC License #6502433042 Listed on: 01/03/2024

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1923

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 30.00 x 100.00

Parking

  • 2 Parking Spaces

Home Design

  • Wood Siding

Interior Spaces

  • 1 Fireplace
  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tenant pays for electric, water, sewer, gas
  • The owner pays for trash collection

Community Details

Overview

  • Property has a Home Owners Association
  • 2 Units
  • Thomas Bros Waverly Park Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1923
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 30.00 x 100.00
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 787.0
  • Tax Info:Zoning3: Multi-Family
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Heat Type:Forced Air: Yes
  • Substructure:Full: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Location Property Info:Subdivision2: THOMAS BROS WAVERLY PARK (PLATS)
  • Sale Conditions:REOBank Owned: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Full
  • Basement: Yes

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 16500.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Wood Siding: Yes

Garage/Parking

  • Total Parking Spaces: 2.0
  • General Property Info:Total Parking Spaces: 2.0

Utilities

  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: None Available, Natural Gas Connected, Electric Connected

Condo/Co-op/Association

  • Association Amenities: Pets Allowed
  • Association: Yes

Association/Amenities

  • Assoc Amenities:Pets Allowed2: Yes

Lot Info

  • Lot Size Acres: 0.07
  • Lot Size Area: 0.07
  • Lot Dimensions: 30.00 x 100.00
  • Lot Size Sq Ft: 3049.0
  • Zoning Description: Multi-Family
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Trash Collection
  • Tenant Pays: Electric, Water, Sewer, Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 787.0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2024
Closed on
Dec 6, 2023
Sold by
Fifth Third Bank Na
Bought by
Murff Sharice
Seller's Agent
Derek Werenka
SimpliHOM MI LLC
List Price
$16,500
Sold Price
$20,500
Premium/Discount to List
$4,000
24.24%
Total Days on Market
0
Views
117
Current Estimated Value
$56,129

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,629
Avg. Annual Appreciation
98.43%

Purchase Details

Closed on
Feb 16, 2023
Sold by
Wayne County Sheriff
Bought by
Fifth Third Bank National Association
Source: Public Records

Range of Values:

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Average Value
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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
Murff Sharice $20,500 None Listed On Document
Murff Sharice $20,500 None Listed On Document
Fifth Third Bank National Association $15,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Watson Isaac L $45,000
Previous Owner Watson Isaac $19,700
Previous Owner Watson Isaac $13,441
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/03/2024 01/03/24 Sold $20,500 +24.2% $10 / Sq Ft
01/03/2024 01/03/24 Pending -- -- --
01/03/2024 01/03/24 For Sale $16,500 -- $8 / Sq Ft
Source: Southwestern Michigan Association of REALTORS®

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 $1,569 $23,200 $0 $0
2024 $1,569 $19,500 $0 $0
2023 $740 $15,500 $0 $0
2022 $773 $12,800 $0 $0
2021 $758 $10,400 $0 $0
2020 $758 $9,600 $0 $0
2019 $751 $9,000 $0 $0
2018 $689 $8,200 $0 $0
2017 $84 $8,600 $0 $0
2016 $731 $39,300 $0 $0
2015 $460 $4,600 $0 $0
2013 $642 $6,415 $0 $0
2010 -- $9,192 $534 $8,658
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2024

    Derek Werenka

    SimpliHOM MI LLC

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 24001128

Southwestern Michigan Association of REALTORS®

APN: 08-004430

Michigan Wayne County Detroit 48238 Dexter-Linwood

2014 Waverly St, Detroit, MI

This home is located at 2014 Waverly St, Detroit, MI 48238 since 03 January 2024 and is currently estimated at $62,638, approximately $32 per square foot. This property was built in 1923. 2014 Waverly St is a home located in Wayne County with nearby schools including Durfee Elementary-Middle School, Charles L. Spain Elementary-Middle School, and Edward 'Duke' Ellington Conservatory of Music and Art.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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