$62,500
SOLD OCT 20, 2017

20484 Elkhart St Harper Woods, MI 48225

3 Beds
1.5 Baths
1,217 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$51 Per Sq Ft

4% Above List Price

1 Day on Market

Highlights

  • No HOA
  • Porch
  • Forced Air Heating System
  • 1 Car Detached Garage
  • Bungalow

About This Home

As of June 2022

ATTENTION INVESTORS! This income producing turnkey 3 bedroom, 1.5 bath brick bungalow is rented for $1,100 per month. Great tenants! Home is registered as a rental and has the certificate of occupacyy. Gross ROI of 20% or a net ROI of 11.6% (after actual property tax, management & insurance). Charming brick bungalow on nice street with a partially finished basement. Huge 2 room master suite on 2nd floor, separate living and dining rooms, ½ bath in the basement and detached garage. Close to schools, shopping & freeways. Updated in 2017.Photos taken prior to tenant move-in. All information estimated Sold as-is. Buyer to confirm COO/Rental registration can be transferred as part of sale if not buyer to obtain city certs and registration. TENANT OCCUPIED. PLEASE DO NOT DISTURB THE TENANTS. NO SHOWING UNTIL AN OFFER HAS BEEN ACCEPTED.

Last Agent to Sell the Property

Scott MacDonald

Tradewinds Development Group, LLC License #6502393811 Listed on: 09/20/2017

Last Buyer's Agent

Scott MacDonald

Tradewinds Development Group, LLC License #6502393811 Listed on: 09/20/2017

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Parking

  • 1 Car Detached Garage

Home Design

  • Bungalow
  • Asphalt Roof

Interior Spaces

  • 1,217 Sq Ft Home
  • 1.5-Story Property
  • Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Additional Features

  • Porch
  • Lot Dimensions are 81 x 103

Community Details

  • No Home Owners Association
  • East Park Manor Subdivision

Listing and Financial Details

  • Assessor Parcel Number 42003010524000

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 7
  • Total Bedrooms: 3
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished
  • Sq Ft Combined: 2217
  • Sq Ft Lower Floor: 1000
  • Total Sq Ft: 1217
  • Sq Ft Total Bsmt: 1000

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Frontage Feet: 81
  • Porch Type: Porch
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 1 Car
  • Garage Features: Detached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Harper Woods

Lot Info

  • Lot Dimensions: 81 X 103
  • Parcel Number: 42003010524000

Tax Info

  • Tax Amount Summer: 1226.0000
  • Tax Amount Winter: 1442.0000
  • Total Tax: 2668.0000

MLS Schools

  • School District: Harper Woods

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2022
Closed on
Jun 2, 2022
Sold by
John Graham Inc
Bought by
Starghill Lacoriea
Seller's Agent
John Graham
John Graham Realty, LLC
Buyer's Agent
Chrystal Ross
3DX Real Estate LLC
List Price
$169,900
Sold Price
$178,400
Premium/Discount to List
$8,500
5%
Total Days on Market
1
Current Estimated Value
$176,449

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,951
Avg. Annual Appreciation
-0.37%
Original Mortgage
$175,168
Outstanding Balance
$167,628
Interest Rate
5.1%
Mortgage Type
FHA
Estimated Equity
$8,821

Purchase Details

Listed on
Dec 13, 2021
Closed on
Feb 2, 2022
Sold by
Rojale Llc
Bought by
John Graham Inc
Seller's Agent
Scott MacDonald
Tradewinds Development Group, LLC
Buyer's Agent
John Graham
John Graham Realty, LLC
List Price
$107,500
Sold Price
$100,000
Premium/Discount to List
-$7,500
-6.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
477.83%

Purchase Details

Listed on
Sep 20, 2017
Closed on
Oct 20, 2017
Sold by
Elkhart Llc
Bought by
Rojale Llc
Seller's Agent
Scott MacDonald
Tradewinds Development Group, LLC
Buyer's Agent
Scott MacDonald
Tradewinds Development Group, LLC
List Price
$60,000
Sold Price
$62,500
Premium/Discount to List
$2,500
4.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.58%

Purchase Details

Closed on
Feb 13, 2015
Sold by
Pegasus Development Llc
Bought by
Elkhart Llc

Purchase Details

Closed on
Jan 28, 2015
Sold by
U S Bank National Association
Bought by
Pegasus Development Llc

Purchase Details

Closed on
Jul 10, 2014
Sold by
Cross Amy
Bought by
Us Bank National Association

Purchase Details

Closed on
May 17, 2001
Sold by
Alli Adeola
Bought by
Homeq
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 Type Sale Price Title Company
Warranty Deed $178,400 First American Title
Warranty Deed $100,000 None Listed On Document
Warranty Deed $62,500 None Available
Quit Claim Deed -- None Available
Quit Claim Deed $34,025 Premium Title Services Inc
Sheriffs Deed $40,500 None Available
Deed $83,303 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $175,168 FHA
Previous Owner $129,600 Fannie Mae Freddie Mac
Previous Owner $75,500 Unknown
Previous Owner $50,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2022 06/02/22 Sold $178,400 +5.0% $123 / Sq Ft
05/04/2022 05/04/22 Pending -- -- --
04/29/2022 04/29/22 For Sale $169,900 +69.9% $117 / Sq Ft
02/02/2022 02/02/22 Sold $100,000 -7.0% $81 / Sq Ft
02/01/2022 02/01/22 Pending -- -- --
12/13/2021 12/13/21 For Sale $107,500 +72.0% $87 / Sq Ft
10/20/2017 10/20/17 Sold $62,500 0.0% $51 / Sq Ft
09/21/2017 09/21/17 Pending -- -- --
09/21/2017 09/21/17 Price Changed $62,500 +4.2% $51 / Sq Ft
09/20/2017 09/20/17 For Sale $60,000 0.0% $49 / Sq Ft
06/15/2017 06/15/17 Rented $1,100 0.0% --
06/07/2017 06/07/17 Under Contract -- -- --
05/22/2017 05/22/17 For Rent $1,100 -- --
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 $2,212 $69,100 $0 $0
2023 $2,071 $53,700 $0 $0
2022 $3,911 $48,100 $0 $0
2021 $3,687 $43,000 $0 $0
2019 $3,602 $33,400 $0 $0
2018 $1,709 $32,600 $0 $0
2017 $3,040 $32,600 $0 $0
2016 $3,541 $30,200 $0 $0
2015 $2,680 $26,800 $0 $0
2013 $2,610 $26,100 $0 $0
2012 $1,343 $30,100 $8,600 $21,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 217081081

Realcomp

APN: 42-003-01-0524-000