NOT LISTED FOR SALE

214 E Philadelphia St Detroit, MI 48202

North End Neighborhood

Estimated Value: $421,000 - $546,000

8 Beds
4 Baths
3,876 Sq Ft
$122/Sq Ft Est. Value

Last Sold December 22, 2023

Last sale price $450,000 $116 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,245/month

33 Days on Market

Highlights

  • Colonial Architecture
  • Balcony
  • Forced Air Heating System
  • Cass Technical High School Rated 10
  • Porch

About This Home

As of December 2023

Beautifully maintained rare 4 Family Flat in the heart of North End! This beautiful property offers the perfect blend of classic charm and modern comfort. It presents a unique opportunity for both homeownership and rental investment This property is minutes away from your favorite downtown restaurants and nightlife and is located down the street from massive redevelopments within North End Area. 2 bed rooms, 1 bath in each unit.. Open Full Basement. Each unit is metered separately for all utilities (gas, electric).

Last Agent to Sell the Property

Quinn Martin

Leboursia Realty Group License #6501179804 Listed on: 10/29/2023

Last Buyer's Agent

Joe Hammel

Keller Williams Somerset License #6501422602

Keller Williams Somerset

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1908 | Remodeled in 2023

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50.00 x 125.00

Parking

  • On-Street Parking

Home Design

  • Quadruplex
  • Colonial Architecture
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 4 Full Bathrooms
  • 3,876 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Outdoor Features

  • Balcony
  • Exterior Lighting
  • Porch

Utilities

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

Community Details

  • 4 Units
  • Hubbards Bela Subdivision

Listing and Financial Details

  • Assessor Parcel Number W01I002596S

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,163

Year Built

Built in 1908 | Remodeled in 2023

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Colonial, Quadruplex
  • Architecture Level: 2 Story
  • Assessment: 240.00
  • Year Built: 1908
  • State Equalized Value: 69800.0000
  • Year Renovated: 2023
  • Pets Allowed: No
  • Special Features: NewHome
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 3876
  • Total Sq Ft: 3876
  • Sq Ft Total Bsmt: 1900

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: Lighting
  • Foundation Materials: Block
  • Frontage Feet: 50
  • Porch Type: Balcony, Porch
  • Road Frontage Type: Paved

Garage/Parking

  • MF Parking: On Street

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)

Schools

  • School District: Detroit

Lot Info

  • Lot Size Area: 0.14
  • Lot Dimensions: 50.00 x 125.00
  • Parcel Number: W01I002596S
  • Zoning: Multi-Family

Rental Info

  • Rent Includes: Trash Collection (Garbage Pickup), Water
  • Monthly Rental Income: 4800

Tax Info

  • Tax Amount Summer: 1067.0000
  • Tax Amount Winter: 96.0000
  • Total Tax: 1163.0000
  • Taxable Value: 10742.0000

Multi Family

  • Gross Scheduled Income: 57600.00
  • Number Of Units Total: 4
  • Unit Count: 4
  • Number of Two Bedroom Units: 4

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2023
Closed on
Dec 22, 2023
Sold by
Stewardship Building Llc
Bought by
Slaughter Benjamin Alan and Slaughter Lauren Rebecca
Seller's Agent
Quinn Martin
Leboursia Realty Group
Buyer's Agent
Joe Hammel
Keller Williams Somerset
List Price
$485,000
Sold Price
$450,000
Premium/Discount to List
-$35,000
-7.22%
Views
91
Current Estimated Value
$472,181

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,181
Avg. Annual Appreciation
3.59%
Original Mortgage
$337,500
Outstanding Balance
$332,837
Interest Rate
7.29%
Mortgage Type
New Conventional
Estimated Equity
$142,951

Purchase Details

Closed on
Aug 31, 2016
Sold by
Gaston Isaiah
Bought by
Stewardship Building Llc

Purchase Details

Closed on
Jul 24, 2009
Sold by
Gaston Isaiah
Bought by
Gaston Isaiah and Isaiah Gaston Revocable Living Trust
Source: Public Records

Range of Values:

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Average Value
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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
Slaughter Benjamin Alan $450,000 Regions Title
Stewardship Building Llc -- None Available
Gaston Isaiah -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Slaughter Benjamin Alan $337,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2023 12/22/23 Sold $450,000 -7.2% $116 / Sq Ft
12/01/2023 12/01/23 Pending -- -- --
10/29/2023 10/29/23 For Sale $485,000 -- $125 / 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 $7,565 $97,100 $0 $0
2023 $1,067 $69,800 $0 $0
2022 $1,134 $43,900 $0 $0
2021 $1,105 $30,800 $0 $0
2020 $1,104 $29,100 $0 $0
2019 $1,088 $21,600 $0 $0
2018 $1,061 $20,700 $0 $0
2017 $174 $20,600 $0 $0
2016 $1,149 $43,900 $0 $0
2015 $906 $16,600 $0 $0
2013 $878 $19,596 $0 $0
2010 -- $25,986 $870 $25,116
Source: Public Records

Agents Affiliated with this Home

  • Q

    Seller's Agent in 2023

    Quinn Martin

    Leboursia Realty Group

    (313) 215-6658

    1 in this area

    53 Total Sales

    Quinn Martin
    Section Image
  • Joe Hammel

    Buyer's Agent in 2023

    Joe Hammel

    Keller Williams Somerset

    (330) 844-5209

    5 in this area

    1,001 Total Sales

    Joe Hammel
    Section Image
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Map

Source: Realcomp

MLS Number: 20230092302

Realcomp

APN: 01-002596

Michigan Wayne County Detroit 48202 North End

214 E Philadelphia St, Detroit, MI

This home is located at 214 E Philadelphia St, Detroit, MI 48202 since 29 October 2023 and is currently estimated at $472,181, approximately $121 per square foot. This property was built in 1908. 214 E Philadelphia St is a home located in Wayne County with nearby schools including Golightly Education Center, Charles L. Spain Elementary-Middle School, and Edward 'Duke' Ellington Conservatory of Music and Art.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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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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