NOT LISTED FOR SALE

20341 E 8 Mile Rd Saint Clair Shores, MI 48080

Estimated Value: $247,000 - $268,000

4 Beds
2 Baths
1,998 Sq Ft
$128/Sq Ft Est. Value

Last Sold August 18, 2017

Last sale price $140,000 $70 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $1,745/month

Highlights

  • Colonial Architecture
  • Fenced Yard
  • Patio
  • Wood Flooring
  • Porch
  • 5-minute walk to Danbury Park

About This Home

As of August 2017

Having a hard time finding multi-family houses priced below market value?? Well it's time to rejoice! We have 3 buildings, 6 units in all. More pics coming soon. The other 2 are in Grosse Pointe park. (924 - 926 Beaconsfield Avenue MLS# 31320832) & (1087 -1089 Lakepointe MLS# 31320829) This gem has a long term tenant in the East Unit, & a new tenant in the West unit. The inside pictures depict the West unit prior to tenant fully moving in. Newer roof on both. The west unit has an Updated kitchen & bathroom. Whole house has fresh paint. New Furnace & A/C. Very easy to rent due to proximity to freeways & shopping. If you're a seasoned investor or just starting out, multi-family are great long term investments. Live for almost nothing by living in one side & renting the other.

Last Agent to Sell the Property

Salvatore Agrusa

Berkshire Hathaway HomeServices Kee Realty SCS License #MISPE-6506045822 Listed on: 05/25/2017

Berkshire Hathaway HomeServices Kee Realty SCS

Last Buyer's Agent

David McCauley

Select Real Estate Professionals License #RCO-6501372245

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,437

Year Built

  • Built in 1961

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 72x110
  • Fenced Yard

Home Design

  • Duplex
  • Colonial Architecture
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Window Treatments
  • Wood Flooring
  • Oven or Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage

Outdoor Features

  • Patio
  • Shed
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Gas Water Heater
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 09-14-33-360-021

Community Details

Overview

  • 2 Units
  • Dalby & Campbell Mack Park # 01 Subdivision

Building Details

  • Net Operating Income $15,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,437

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: MULTIFAMILY
  • Type: 1 To 4 Units, Duplex
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Styles: Colonial
  • Sub Structure Types: Shed
  • Total Tax Amount: 3436.72
  • Total Tax Year: 2017
  • Year Built: 1961
  • Mail City: Saint Clair Shores
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Cable/Internet Avail., Hardwood Floors, Window Treatment(s)
  • Appliances: Range/Oven, Refrigerator
  • Basement: Yes
  • Basement Type: Common, Poured, Full
  • Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Dining Kitchen: Eat-In Kitchen
  • Source of Sq Ft: Public Records

Exterior Features

  • Construction: Brick
  • Exterior Features: Fenced Yard, Patio, Porch, Storms/Screens, Street Lights
  • Frontage: 57
  • Foundation Type: Basement
  • Roads: Curbed, City/County

Utilities

  • Water: Public Water
  • Water Heater: Gas
  • Cooling System: Ceiling Fan(s), Central A/C
  • Fuel Type: Natural Gas
  • Heating System: Forced Air
  • Separate Electric: Yes
  • Separate Gas: Yes
  • Separate Heat: Yes
  • Separate Water: Yes
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: 09-14-33-360-021
  • Location: Subdivision
  • Lot Dimensions: 72x110
  • Acreage: 0.18
  • Lot Description: Sidewalks
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2017, Amount: $3,436.72
  • Winter Tax: Year: 2017
  • Total Tax: Year: 2017, Amount: $3,436.72

Multi Family

  • Total Units: 2

MLS Schools

  • School District: South Lake Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 22, 2022
Sold by
Adebowale Adegbenro
Bought by
Dia Properties Llc
Current Estimated Value
$255,318

Purchase Details

Listed on
May 25, 2017
Closed on
Aug 17, 2017
Sold by
Adegbenro Adebowale
Bought by
Adegbenro Adebowale and Adegbenro Marian
Seller's Agent
Salvatore Agrusa
Berkshire Hathaway HomeServices Kee Realty SCS
Buyer's Agent
David McCauley
Select Real Estate Professionals
List Price
$139,900
Sold Price
$140,000
Premium/Discount to List
$100
0.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.60%
Original Mortgage
$105,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 29, 2013
Closed on
Sep 12, 2014
Sold by
Cacavas George and Cacavas George
Bought by
Nortley Mark D
Seller's Agent
Randy Buric
Temporary Inactive Users
Buyer's Agent
Sal Agrusa
Keller Williams Great Lks Rlty
List Price
$95,000
Sold Price
$74,000
Premium/Discount to List
-$21,000
-22.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.40%
Original Mortgage
$80,000
Interest Rate
4.07%
Mortgage Type
Purchase Money Mortgage
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
Dia Properties Llc -- None Listed On Document
Adegbenro Adebowale -- None Available
Adegbenro Adeowale $140,000 None Available
Nortley Mark D $74,000 Prestige Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Adegbenro Adebowale $105,000
Previous Owner Nortley Mark D $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/18/2017 08/18/17 Sold $140,000 0.0% $70 / Sq Ft
08/08/2017 08/08/17 Off Market $140,000 -- --
06/05/2017 06/05/17 Pending -- -- --
05/25/2017 05/25/17 For Sale $139,900 +89.1% $70 / Sq Ft
09/16/2014 09/16/14 Sold $74,000 0.0% $37 / Sq Ft View Prior Sale
09/16/2014 09/16/14 Sold $74,000 -22.1% $37 / Sq Ft View Prior Sale
09/08/2014 09/08/14 Pending -- -- --
09/08/2014 09/08/14 Pending -- -- --
07/29/2013 07/29/13 For Sale $95,000 -4.0% $48 / Sq Ft
03/14/2012 03/14/12 For Sale $99,000 -- $50 / Sq Ft
Source: Michigan Multiple Listing Service

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 $4,912 $121,500 $0 $0
2024 $4,799 $128,600 $0 $0
2023 $4,573 $114,400 $0 $0
2022 $4,443 $99,300 $0 $0
2021 $4,571 $87,900 $0 $0
2020 $4,373 $80,400 $0 $0
2019 $3,403 $69,400 $0 $0
2018 $4,124 $50,500 $0 $0
2017 $3,534 $50,400 $7,100 $43,300
2016 $3,403 $50,400 $0 $0
2015 $2,545 $51,600 $0 $0
2013 -- $39,400 $0 $0
2012 -- $41,100 $8,900 $32,200
Source: Public Records

Agents Affiliated with this Home

  • Salvatore Agrusa

    Seller's Agent in 2017

    Salvatore Agrusa

    Berkshire Hathaway HomeServices Kee Realty SCS

    (586) 541-4226

    6 in this area

    38 Total Sales

    Salvatore Agrusa
    Section Image
  • David McCauley

    Buyer's Agent in 2017

    David McCauley

    Select Real Estate Professionals

    (586) 489-7341

    3 in this area

    31 Total Sales

    David McCauley
    Section Image

  • R

    Seller's Agent in 2014

    Randy Buric

    Temporary Inactive Users

    Section Image

  • S

    Buyer's Agent in 2014

    Sal Agrusa

    Keller Williams Great Lks Rlty

See All Agents

Map

Source: Michigan Multiple Listing Service

MLS Number: 31320828

Michigan Multiple Listing Service

APN: 09-14-33-360-021

Michigan Macomb County Saint Clair Shores 48080

20341 E 8 Mile Rd, Saint Clair Shores, MI

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Michigan Multiple Listing Service Source MLS: MiRealSource
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