NOT LISTED FOR SALE

Estimated Value: $84,000 - $187,000

6 Beds
22 Baths
2,872 Sq Ft
$46/Sq Ft Est. Value

Last Sold December 01, 2023

Last sale price $155,000 $54 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $913/month

101 Days on Market

Highlights

  • Bungalow
  • Hot Water Heating System
  • 2 Car Garage
  • Cass Technical High School Rated 10

About This Home

As of December 2023

**** Calling all Investors Come add this Multi Family Unit to your Portfolio . Located close to the Russell Woods Community , close to major freeways and minutes from downtown Detroit .Both large spacious units , are currently occupied with Sec 8 tenants at $1200 per unit , units are 3bed 1 bath with no lease in place tenants can remain or move out .

Last Agent to Sell the Property

Marliesha Darnell

EXP Realty Main License #6506048964 Listed on: 08/21/2023

EXP Realty Main

Co-Listed By

Danielle Dunham

EXP Realty Main License #6501401045

Last Buyer's Agent

Phillip Daniel

Home Negotiators LLC License #6501335319

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1922

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40.00 x 117.00

Parking

  • 2 Car Garage

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • 2,872 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units
  • Joy Farm Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number W08I003238S

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,695

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Bungalow
  • Architecture Level: 2 Story
  • Assessment: 340.00
  • Year Built: 1922
  • State Equalized Value: 19300.0000
  • Pets Allowed: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.20
  • Full Bathrooms: 2
  • Half Bathrooms: 20
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 2872
  • Total Sq Ft: 2872
  • Sq Ft Total Bsmt: 1436

Exterior Features

  • Foundation Details: Basement, Michigan Basement
  • Construction Materials: Brick
  • Foundation Materials: Brick/Mortar
  • Road Frontage Type: Gravel, Paved
  • Sideof Street: S

Garage/Parking

  • Garage: Yes
  • Total Parking Spaces: 2

Utilities

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

Schools

  • School District: Detroit

Lot Info

  • Lot Size Area: 0.11
  • Lot Dimensions: 40.00 x 117.00
  • Parcel Number: W08I003238S
  • Zoning: Multi-Family

Rental Info

  • Rent Includes: Trash Collection (Garbage Pickup)
  • Monthly Rental Income: 2400

Tax Info

  • Tax Amount Summer: 1513.0000
  • Tax Amount Winter: 182.0000
  • Total Tax: 1695.0000
  • Taxable Value: 19300.0000

Multi Family

  • Gross Scheduled Income: 28800.00
  • Number Of Units Total: 2
  • Number of Three Bedroom Units: 2
  • Number Of Units Leased: 2

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2023
Closed on
Dec 1, 2023
Sold by
Restore Ltd Liability Company
Bought by
Cohen Duriel
Seller's Agent
Marliesha Darnell
EXP Realty Main
Buyer's Agent
Phillip Daniel
Home Negotiators LLC
List Price
$192,000
Sold Price
$155,000
Premium/Discount to List
-$37,000
-19.27%
Views
89
Current Estimated Value
$132,863

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$22,137
Avg. Annual Appreciation
-8.29%
Original Mortgage
$116,250
Outstanding Balance
$114,425
Interest Rate
7.79%
Mortgage Type
New Conventional
Estimated Equity
$18,438

Purchase Details

Closed on
Jan 20, 2022
Sold by
Conant and Jayne
Bought by
Restore Ltd Liability Company

Purchase Details

Listed on
Apr 16, 2021
Closed on
May 6, 2021
Sold by
Mayfield Rojetta and Gilmer Rojetta
Bought by
Conant Shane and Conant Jayne
Seller's Agent
RoJetta Mayfield
EXP Realty Main
Buyer's Agent
RoJetta Mayfield
EXP Realty Main
List Price
$80,000
Sold Price
$80,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.37%

Purchase Details

Closed on
Feb 28, 2018
Sold by
The Detroit Land Bank Authority
Bought by
Gilmer Rojetta

Purchase Details

Closed on
Jan 13, 2016
Sold by
Wayne County Treasurer
Bought by
Detroit Land Bank Authority

Purchase Details

Closed on
Feb 28, 2014
Sold by
Doss Mayolia and Doss Marshall
Bought by
Powell Jerome and Doss Investment Trust
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
Cohen Duriel $155,000 None Listed On Document
Cohen Duriel $155,000 None Listed On Document
Restore Ltd Liability Company -- Dunn Schouten & Snoap Pc
Conant Shane $80,000 First American Title
Gilmer Rojetta $1,000 None Available
Detroit Land Bank Authority -- None Available
Powell Jerome -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cohen Duriel $116,250
Closed Cohen Duriel $116,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2023 12/01/23 Sold $155,000 -13.9% $54 / Sq Ft
11/30/2023 11/30/23 Pending -- -- --
09/27/2023 09/27/23 Price Changed $180,000 -6.3% $63 / Sq Ft
08/21/2023 08/21/23 For Sale $192,000 +140.0% $67 / Sq Ft
05/06/2021 05/06/21 Sold $80,000 0.0% $28 / Sq Ft
04/17/2021 04/17/21 Pending -- -- --
04/16/2021 04/16/21 For Sale $80,000 -- $28 / 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 $2,330 $35,000 $0 $0
2024 $2,330 $29,600 $0 $0
2023 $1,900 $23,700 $0 $0
2022 $2,027 $19,300 $0 $0
2021 $1,576 $15,600 $0 $0
2020 $1,575 $14,500 $0 $0
2019 $1,552 $13,700 $0 $0
2018 $340 $0 $0 $0
2017 $2,720 $0 $0 $0
2016 $340 $0 $0 $0
2015 $2,720 $27,200 $0 $0
2013 $1,514 $37,732 $0 $0
2010 -- $33,596 $1,106 $32,490
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20230070192

Realcomp

APN: 08-003238