NOT LISTED FOR SALE

Estimated Value: $282,000 - $340,704

6 Beds
2 Baths
2,882 Sq Ft
$109/Sq Ft Est. Value

Last Sold June 04, 2024

Last sale price $317,000 $110 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $1,714/month

15 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • Laundry Facilities
  • Fenced
  • Cass Technical High School Rated 10

About This Home

As of June 2024

This tastefully renovated duplex In the North End neighborhood features two units, each offering three bedrooms and one bathroom. The thorough renovation (down to the studs) includes new HVAC, plumbing, and electrical systems, along with modern finishes throughout. The interior's appeal is complemented by the exterior, including a fenced-in shared yard and private balconies for each unit. The upper unit features a large attic/loft that can serve as a fourth bedroom or versatile flex space. With an annual income of nearly $34,000, this property offers strong investment potential in a neighborhood that has already seen significant revitalization and is poised for ongoing growth. Currently fully occupied.

Last Agent to Sell the Property

Shalom Dubov

O'Connor Realty Detroit, LLC License #6501442384 Listed on: 04/21/2024

Last Buyer's Agent

LaTrease Posey

EXP Realty Main License #6501434176

EXP Realty Main

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1920 | Remodeled in 2020

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 33.00 x 110.00
  • Fenced

Home Design

  • Duplex
  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • 2 Full Bathrooms
  • 2,882 Sq Ft Home
  • 3-Story Property
  • Unfinished Basement

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number W01I002933S
  • $7,500 Seller Concession

Community Details

Overview

  • 2 Units
  • Owen & Bartletts Subdivision

Amenities

  • Laundry Facilities

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,078

Year Built

Built in 1920 | Remodeled in 2020

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 3 Story
  • Assessment: 340.00
  • Year Built: 1920
  • State Equalized Value: 8550.0000
  • Year Renovated: 2020
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Interior Amenities: Laundry Facility
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 2882

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: Fenced
  • Foundation Materials: Brick/Mortar
  • Road Frontage Type: Paved

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)
  • Laundry Facilities: Yes

Lot Info

  • Lot Size Area: 0.08
  • Lot Dimensions: 33.00 x 110.00
  • Parcel Number: W01I002933S
  • Zoning: Multi-Family

Rental Info

  • Rent Includes: Snow Removal, Yard Maintenance
  • Monthly Rental Income: 2824

Tax Info

  • Tax Amount Summer: 998.0000
  • Tax Amount Winter: 80.0000
  • Total Tax: 1078.0000
  • Taxable Value: 8550.0000

Multi Family

  • Gross Scheduled Income: 33888.00
  • Number Of Units Total: 2

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 3, 2020
Sold by
Jash Michigan 2 Llc
Bought by
Macfen Holdings Llc
Current Estimated Value
$315,176

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Outstanding Balance
$208,158
Interest Rate
3.4%
Mortgage Type
Commercial
Estimated Equity
$107,018

Purchase Details

Closed on
Jun 13, 2018
Sold by
Alim Holdings Llc
Bought by
Jash Michigan 2 Llc

Purchase Details

Closed on
Jul 11, 2017
Sold by
The Detroit Land Bank Authority
Bought by
Alim Holdings Llc

Purchase Details

Closed on
Jan 13, 2016
Sold by
Wayne County Treasurer
Bought by
Detroit Land Bank Authority

Purchase Details

Closed on
Feb 9, 2012
Sold by
Walker Ruth
Bought by
Walker Casondria

Purchase Details

Closed on
Sep 17, 2009
Sold by
Walker Ruth M
Bought by
Deutsche Bank Trust Company Americas
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
Macfen Holdings Llc -- None Available
Jash Michigan 2 Llc $500 None Available
Alim Holdings Llc $2,100 None Available
Detroit Land Bank Authority -- None Available
Walker Casondria -- None Available
Deutsche Bank Trust Company Americas $2,550 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Macfen Holdings Llc $236,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/04/2024 06/04/24 Sold $317,000 -0.6% $110 / Sq Ft
05/06/2024 05/06/24 Pending -- -- --
04/21/2024 04/21/24 For Sale $319,000 -- $111 / 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 $776 $16,300 $0 $0
2024 $776 $12,500 $0 $0
2023 $998 $8,550 $0 $0
2022 $1,521 $18,700 $0 $0
2021 $1,482 $13,400 $0 $0
2020 $1,482 $12,900 $0 $0
2019 $1,183 $9,800 $0 $0
2018 $1,056 $9,300 $0 $0
2017 $641 $0 $0 $0
2016 $340 $0 $0 $0
2015 $641 $24,900 $0 $0
2013 $621 $29,425 $0 $0
2010 -- $39,021 $544 $38,477
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20240024460

Realcomp

APN: 01-002933