NOT LISTED FOR SALE

203 Philip St Detroit, MI 48215

Jefferson Chalmers Neighborhood

Estimated Value: $192,000 - $252,000

4 Beds
2 Baths
1,766 Sq Ft
$128/Sq Ft Est. Value

Last Sold July 26, 2021

Last sale price $193,000 $109 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $1,386/month

46 Days on Market

Highlights

  • 200 Feet of Waterfront
  • Cass Technical High School Rated 10
  • Heating System Uses Steam

About This Home

As of July 2021

AMAZING OPPORTUNITY! Lovely cared for DUPLEX is up for sale in desirable Jefferson Chalmers. Right across the street from the water & near 3 beautiful parks. Exclusive Gross Pointe dining and shopping is just two blocks away and downtown Detroit just minutes to drive! New roof, new windows, new glass block, remodeled bathrooms, remodeled kitchens gorgeous hardwood floors throughout, mostly updated electric & plumbing, lots of closets & storage space. 3 large new porches front & back just in time to enjoy the summer outdoors. Live in one unit and Airbnb the other for incredible income! Or live in one and rent the other full time, stay for FREE! Duplexes are rare in this area so don't miss out! Summer is here and this is the place to be! Good neighbors, nature, community gardens, bike trails, & THE WATER! This area is slated to go through a 500 million dollar renovation by the city. This has been an owner occupied home for over 7 years! Move in Ready, comes w/ADT. BATVAI.

Last Agent to Sell the Property

darnel jones

Detroit Metro Realty License #6501410786 Listed on: 05/23/2021

Co-Listed By

Kingsley Ifezue

Detroit Metro Realty License #6502412737

Last Buyer's Agent

darnel jones

Detroit Metro Realty License #6501410786 Listed on: 05/23/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1924

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 38.00x149.00
  • 200 Feet of Waterfront

Home Design

  • Block Foundation

Interior Spaces

  • 2 Full Bathrooms
  • 1,766 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Utilities

  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number W21I060858S

Community Details

Overview

  • 2 Units
  • Burton & Freuds Riverside Blvd Sub Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$697

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Level: 2 Story
  • Year Built: 1924
  • State Equalized Value: 14100.0000
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 1766
  • Total Sq Ft: 1766
  • Sq Ft Total Bsmt: 1009

Exterior Features

  • Waterfront Name: Detroit River
  • Foundation Details: Basement
  • Construction Materials: Wood
  • Foundation Materials: Block
  • Frontage Feet: 25
  • Road Frontage Type: Paved
  • Water Frontage Feet: 200.00
  • Waterfront Description: Across the Road Water Frontage, Water Front

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Steam
  • Sewer: Sewer at Street
  • Water Source: Public (Municipal)

Schools

  • School District: Detroit

Lot Info

  • Lot Size Area: 0.13
  • Lot Dimensions: 38.00X149.00
  • Parcel Number: W21I060858S
  • Zoning: Multi-Family

Tax Info

  • Tax Amount Summer: 648.0000
  • Tax Amount Winter: 49.0000
  • Total Tax: 697.0000
  • Taxable Value: 5158.0000

Multi Family

  • Waterfront Features: ACRFRT
  • Number Of Units Total: 2
  • Number of Two Bedroom Units: 2

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2021
Closed on
Jul 26, 2021
Sold by
Future Green Llc
Bought by
Gjk Properties Alpha Llc
Seller's Agent
darnel jones
Detroit Metro Realty
Buyer's Agent
darnel jones
Detroit Metro Realty
List Price
$198,000
Sold Price
$193,000
Premium/Discount to List
-$5,000
-2.53%
Current Estimated Value
$226,176

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,176
Avg. Annual Appreciation
3.99%

Purchase Details

Listed on
Jan 20, 2015
Closed on
Jul 2, 2015
Sold by
Watershed Rental Homes Llc
Bought by
Future Green Llc
Seller's Agent
Costello Hickson III
Front Page Properties
Buyer's Agent
Larry Else
Downtown Realty
List Price
$23,900
Sold Price
$12,000
Premium/Discount to List
-$11,900
-49.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
58.03%

Purchase Details

Closed on
Apr 30, 2015
Sold by
Traylor Grace K
Bought by
Watershed Rental Homes Llc E5124u

Purchase Details

Closed on
Jan 14, 2014
Sold by
Frontczak S Nicholas and Estate Of Tom Clark
Bought by
Traylor Grace K
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
Gjk Properties Alpha Llc $193,000 Capital Title Ins Agcy Inc
Future Green Llc $12,000 Title Connect Llc
Watershed Rental Homes Llc E5124u $500 None Available
Traylor Grace K -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2021 07/26/21 Sold $193,000 -2.5% $109 / Sq Ft
07/09/2021 07/09/21 Pending -- -- --
05/23/2021 05/23/21 For Sale $198,000 +1550.0% $112 / Sq Ft
07/02/2015 07/02/15 Sold $12,000 -49.8% $8 / Sq Ft
06/23/2015 06/23/15 Pending -- -- --
01/20/2015 01/20/15 For Sale $23,900 -- $16 / 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 $1,869 $50,500 $0 $0
2024 $1,869 $34,700 $0 $0
2023 $1,816 $26,300 $0 $0
2022 $1,945 $19,500 $0 $0
2021 $697 $15,500 $0 $0
2020 $702 $14,100 $0 $0
2019 $688 $10,700 $0 $0
2018 $621 $9,000 $0 $0
2017 $92 $9,300 $0 $0
2016 $767 $4,400 $0 $0
2015 $440 $4,400 $0 $0
2013 $466 $4,664 $0 $0
2010 -- $6,838 $649 $6,189
Source: Public Records

Agents Affiliated with this Home

  • d

    Seller's Agent in 2021

    darnel jones

    Detroit Metro Realty

    Section Image

  • K

    Seller Co-Listing Agent in 2021

    Kingsley Ifezue

    Detroit Metro Realty

    Section Image
  • Costello Hickson III

    Seller's Agent in 2015

    Costello Hickson III

    Front Page Properties

    (313) 971-8628

    24 Total Sales

    Costello Hickson III
    Section Image
  • Larry Else

    Buyer's Agent in 2015

    Larry Else

    Downtown Realty

    (313) 466-7253

    287 Total Sales

    Larry Else
    Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 2210038078

Realcomp

APN: 21-060858

Michigan Wayne County Detroit 48215 Jefferson Chalmers

203 Philip St, Detroit, MI

This home is located at 203 Philip St, Detroit, MI 48215 since 23 May 2021 and is currently estimated at $226,176, approximately $128 per square foot. This property was built in 1924. 203 Philip St is a home located in Wayne County with nearby schools including Carstens Academy of Aquatic Science, Edward 'Duke' Ellington Conservatory of Music and Art, and Charles L. Spain Elementary-Middle School.

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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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