NOT LISTED FOR SALE

Estimated Value: $596,000 - $808,000

8 Beds
4 Baths
3,060 Sq Ft
$226/Sq Ft Est. Value

Last Sold October 16, 2013

Last sale price $100,000 $33 Per Sq Ft

Est. 591% increase in value since last sale

Current estimated payment $3,736/month

63 Days on Market

Highlights

  • Space Heater
  • Cass Technical High School Rated 10
  • 2-minute walk to Muliett Park

About This Home

As of October 2013

4-units located within the Corktown historic district. Walk to Slows, Mercury Bar and Asto Coffee! 3 units currently tenant occupied at $500/month each. On Street parking. Many updates. Tenants pay gas/electricity.

Last Agent to Sell the Property

Brandon Lee

O'Connor Realty Detroit, LLC License #6501306924 Listed on: 06/19/2013

Last Buyer's Agent

Tom Ball

Real Estate One-Detroit License #RCO-6501317794

Real Estate One-Detroit

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1900

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 56x50

Parking

  • On-Street Parking

Home Design

  • Quadruplex
  • Vinyl Construction Material

Interior Spaces

  • 4 Full Bathrooms
  • 3,060 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Utilities

  • Space Heater
  • Heating System Uses Natural Gas
  • Separate Meters

Community Details

  • 4 Units
  • Lafferty Farms Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number W08I008728S001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,079

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Quadruplex
  • Architecture Level: 2 Story
  • Assessment: YES
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Sq Ft Combined: 3060
  • Total Sq Ft: 3060

Exterior Features

  • Foundation Details: Crawl
  • Construction Materials: Vinyl
  • Road Frontage Type: Paved

Garage/Parking

  • MF Parking: On Street

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Separate Meters, Space Heater
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 2165000.0000
  • Lot Size Area: 0.06
  • Lot Dimensions: 56X50
  • Parcel Number: W08I008728S001
  • Zone Conform: Yes
  • Zoning: Residential
  • Homestead Percent: 0 Percent

Tax Info

  • Tax Amount Summer: 1009.0000
  • Tax Amount Winter: 70.0000
  • Total Tax: 1079.0000

Multi Family

  • Number Of Units Total: 4
  • Number of Two Bedroom Units: 4
  • Number Of Units Leased: 2

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2013
Closed on
Oct 16, 2013
Sold by
Maago Llc
Bought by
Vanzo Alexander P D
Seller's Agent
Brandon Lee
O'Connor Realty Detroit, LLC
Buyer's Agent
Tom Ball
Real Estate One-Detroit
List Price
$129,900
Sold Price
$100,000
Premium/Discount to List
-$29,900
-23.02%
Total Days on Market
63
Current Estimated Value
$690,531

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$590,531
Avg. Annual Appreciation
17.74%
Original Mortgage
$96,224
Outstanding Balance
$74,053
Interest Rate
4.75%
Mortgage Type
FHA
Estimated Equity
$594,071

Purchase Details

Closed on
Dec 4, 2007
Sold by
Gonzalez Ana Maria
Bought by
Maago Llc

Purchase Details

Closed on
Jul 27, 2004
Sold by
Caruana John A and Caruana Grace
Bought by
Gonzalez Ana Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,250
Interest Rate
7.87%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Vanzo Alexander P D $100,000 Abstract Title Agency
Maago Llc -- None Available
Gonzalez Ana Maria $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vanzo Alexander P D $96,224
Previous Owner Gonzalez Ana Maria $86,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2013 10/16/13 Sold $100,000 -23.0% $33 / Sq Ft
08/21/2013 08/21/13 Pending -- -- --
06/19/2013 06/19/13 For Sale $129,900 -- $42 / 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
2024 $857 $286,300 $0 $0
2023 $699 $226,400 $0 $0
2022 $753 $88,800 $0 $0
2021 $738 $41,100 $0 $0
2020 $762 $33,800 $0 $0
2019 $722 $23,000 $0 $0
2018 $734 $21,700 $0 $0
2017 $124 $18,400 $0 $0
2016 $800 $97,300 $0 $0
2015 $680 $6,800 $0 $0
2013 $751 $7,514 $0 $0
2010 -- $10,766 $426 $10,340
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 213060085

Realcomp

APN: 08-008728-001