NOT LISTED FOR SALE

Estimated Value: $45,230 - $60,000

4 Beds
2 Baths
1,500 Sq Ft
$35/Sq Ft Est. Value

Last Sold August 17, 2020

Last sale price $32,000 $21 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $277/month

9 Days on Market

Highlights

  • Covered Patio or Porch
  • Forced Air Heating System
  • Garage
  • Cass Technical High School Rated 10

About This Home

As of August 2020

This commercially zoned (B4) property is located just east of Midtown in the rejuvenating Poletown district. Unusually deep parcel features an historic 2-unit (2bed/ 1bath ea.) with wood siding and separate exterior entrances. There is also a large concrete block garage w/attic and a chimney oriented to the adjacent public alley. Fronting the garage towards the house is a concrete block wall surrounding a paved area which formerly served as the base for a greenhouse. Ample garden space with full sun. House and garage require rehabilitation but could potentially be repurposed for use as a coffeehouse, retail shop, etc. By-right uses for B4 zones include art galleries, bake shops, brewpubs, professional offices, restaurant, retail, dance studios, and greenhouses. Adjacent lot is city-owned and maintained by current owner. The property has been used as storage/gardening for an urban farming operation in recent years.

Last Agent to Sell the Property

Matthew Richmond

O'Connor Realty Detroit, LLC License #6501407450 Listed on: 06/16/2020

Last Buyer's Agent

Matthew Richmond

O'Connor Realty Detroit, LLC License #6501407450 Listed on: 06/16/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1912

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 30.00x170.00

Parking

  • Garage

Home Design

  • Duplex
  • Asphalt Roof

Interior Spaces

  • 2 Full Bathrooms
  • 1,500 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Outdoor Features

  • Covered Patio or Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number W09I002359S

Community Details

Overview

  • 2 Units
  • Freud & Wunschs Sub Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$27

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 2 Story
  • Year Built: 1912
  • State Equalized Value: 400.0000
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 1500

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Wood
  • Foundation Materials: Brick
  • Porch Type: Porch - Covered
  • Road Frontage Type: Paved
  • Sideof Street: S

Garage/Parking

  • MF Parking: Garages

Utilities

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

Lot Info

  • List Price per Acre: 290833.3333
  • Lot Size Area: 0.12
  • Lot Dimensions: 30.00X170.00
  • Parcel Number: W09I002359S
  • Zoning: Commercial

Tax Info

  • Tax Amount Summer: 24.0000
  • Tax Amount Winter: 3.0000
  • Total Tax: 27.0000
  • Taxable Value: 304.0000

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2020
Closed on
Aug 17, 2020
Sold by
Landsberg Garrick and Four Arpents Farm Llc
Bought by
Truba Pletro
Seller's Agent
Matthew Richmond
O'Connor Realty Detroit, LLC
Buyer's Agent
Matthew Richmond
O'Connor Realty Detroit, LLC
List Price
$34,900
Sold Price
$32,000
Premium/Discount to List
-$2,900
-8.31%
Current Estimated Value
$52,558

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,558
Avg. Annual Appreciation
10.01%

Purchase Details

Closed on
Nov 7, 2013
Sold by
Wayne County Treasurer
Bought by
Obstwiese Llc
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
Truba Pletro $32,000 Liberty Title
Four Arpents Farm Llc -- Liberty Title
Obstwiese Llc $500 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/17/2020 08/17/20 Sold $32,000 -8.3% $21 / Sq Ft
06/26/2020 06/26/20 Pending -- -- --
06/16/2020 06/16/20 For Sale $34,900 -- $23 / 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 $27 $1,100 $0 $0
2024 $27 $400 $0 $0
2023 $26 $400 $0 $0
2022 $28 $400 $0 $0
2021 $27 $400 $0 $0
2020 $27 $400 $0 $0
2019 $27 $400 $0 $0
2018 $23 $400 $0 $0
2017 $5 $600 $0 $0
2016 $623 $5,400 $0 $0
2015 $317 $8,400 $0 $0
2013 $307 $9,925 $0 $0
2010 -- $13,161 $319 $12,842
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2200044509

Realcomp

APN: 09-002359