NOT LISTED FOR SALE

22174 Cushing Ave Eastpointe, MI 48021

Estimated Value: $177,000 - $208,000

7 Beds
3 Baths
1,461 Sq Ft
$130/Sq Ft Est. Value

Last Sold February 05, 2020

Last sale price $135,000 $92 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $1,526/month

6 Days on Market

Highlights

  • Furnished
  • Forced Air Heating System
  • Garage
  • Enclosed patio or porch

About This Home

As of February 2020

Perfect income producing investment property with 3 units. This property is rented like a group home but the tenants are self sufficient the Landlord is only responsible for the utilities. This property has 10 people currently paying 650.00 a month most have been there a couple years. The city has zone this house as a 3 unit including the basement as unit. Two car garage,New Roof and fenced in backyard. Bring all offers tons of income potential. Licensed agent must be present for showings. Do not disturb tenants 399.00 Transaction fee paid to Ethical Experts. Please submit offers contingent on viewing the property. BATVAI

Last Listed By

Arlita Harvey

The Ethical Experts License #6501395522 Listed on: 11/27/2019

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1927

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 50.00x100.00

Parking

  • Garage

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 3 Full Bathrooms
  • 1,461 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Finished Basement

Outdoor Features

  • Enclosed patio or porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Sewer in Street

Community Details

  • 3 Units
  • Longacres # 01 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1432106001

Property Details

Home Type

Multi-Family

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Assessment: 1748.29
  • Year Built: 1927
  • State Equalized Value: 36500.0000
  • Pets Allowed: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Furnished - Yes
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement: Yes
  • Basement Type: Finished
  • Sq Ft Combined: 2211
  • Sq Ft Lower Floor: 750
  • Total Sq Ft: 1461
  • Sq Ft Total Bsmt: 800

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick Veneer (Brick Siding)
  • Foundation Materials: Block
  • Frontage Feet: 30
  • Porch Type: Porch - Enclosed
  • Road Frontage Type: Paved

Garage/Parking

  • MF Parking: Garages

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Sewer at Street
  • Water Heater Fuel: Natural Gas
  • Water Source: Water at Street
  • Laundry Facilities: No

Schools

  • School District: Eastpointe Community Schools

Lot Info

  • List Price per Acre: 1125000.0000
  • Lot Size Area: 0.12
  • Lot Dimensions: 50.00X100.00
  • Parcel Number: 1432106001
  • Zoning: Multi-Family

Rental Info

  • Rent Includes: Electric, Heat, Water/Sewer, Yard Maintenance
  • Legal Rental Certified: Yes
  • Monthly Rental Income: 6500

Tax Info

  • Tax Amount Summer: 4495.0000
  • Tax Amount Winter: 1411.0000
  • Total Tax: 5906.0000
  • Taxable Value: 33689.0000

Multi Family

  • Gross Scheduled Income: 78000.00
  • Number Of Units Total: 3
  • Unit Count: 1
  • Number of Three Bedroom Units: 1
  • Number of Two Bedroom Units: 2
  • Number Of Units Leased: 3

MLS Schools

  • School District: Eastpointe Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 27, 2019
Closed on
Feb 5, 2020
Sold by
Lark Kenita
Bought by
Ullmann Brett
Seller's Agent
Arlita Harvey
The Ethical Experts
Buyer's Agent
Brett Ullmann
Keller Williams Lakeside
List Price
$135,000
Sold Price
$135,000
Total Days on Market
6
Current Estimated Value
$190,146

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,146
Avg. Annual Appreciation
7.11%
Original Mortgage
$101,250
Outstanding Balance
$90,598
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$103,514

Purchase Details

Listed on
Sep 5, 2017
Closed on
Oct 6, 2017
Sold by
I Helped Pay Llc
Bought by
Lark Kenita
Seller's Agent
Paul Dehem
X Press Realty
Buyer's Agent
Garrett Hayden
Keller Williams Realty-Great Lakes
List Price
$89,900
Sold Price
$89,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.06%

Purchase Details

Closed on
Feb 22, 2017
Sold by
Buttacalvoli Giovanni and Buttacalvoli Giovanna
Bought by
I Helped Pay Llc

Purchase Details

Listed on
Oct 9, 2015
Closed on
Nov 24, 2015
Sold by
B3 Holdings Llc
Bought by
I Helped Pay Llc
Seller's Agent
John Bowden
Agency Republic
Buyer's Agent
Paul Dehem
X-PRESS REALTY.COM LLC
List Price
$49,900
Sold Price
$45,000
Premium/Discount to List
-$4,900
-9.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.63%
Original Mortgage
$15,500
Interest Rate
3.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 7, 2012
Sold by
B3 Holdings
Bought by
Buttacalvoli Giovanni

Purchase Details

Listed on
Jul 11, 2012
Closed on
Aug 29, 2012
Sold by
Whalen Michael P
Bought by
B3 Holdings
Seller's Agent
RICK OSOS
Realty Executives Home Towne Shelby
Buyer's Agent
RICK OSOS
Realty Executives Home Towne Shelby
List Price
$29,900
Sold Price
$26,500
Premium/Discount to List
-$3,400
-11.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.93%

Purchase Details

Closed on
Oct 8, 2001
Sold by
Bowman Gregory
Bought by
Whalen Michael P

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
Ullmann Brett $135,000 Devon Title Agency
Lark Kenita $89,900 Liberty Title
I Helped Pay Llc $35,000 None Available
I Helped Pay Llc $30,795 Liberty Title
Buttacalvoli Giovanni $35,000 Manzo Title Agency
B3 Holdings $26,500 None Available
Whalen Michael P $109,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ullmann Brett $101,250
Previous Owner I Helped Pay Llc $15,500
Previous Owner Whalen Michael P $97,000
Previous Owner Whalen Michael P $96,000
Previous Owner Mccabe William D $56,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/05/2020 02/05/20 Sold $135,000 0.0% $92 / Sq Ft
12/03/2019 12/03/19 Pending -- -- --
11/27/2019 11/27/19 For Sale $135,000 +50.2% $92 / Sq Ft
10/06/2017 10/06/17 Sold $89,900 0.0% $62 / Sq Ft
09/18/2017 09/18/17 Pending -- -- --
09/05/2017 09/05/17 For Sale $89,900 +99.8% $62 / Sq Ft
11/23/2015 11/23/15 Sold $45,000 -9.8% $18 / Sq Ft
11/07/2015 11/07/15 Pending -- -- --
10/09/2015 10/09/15 For Sale $49,900 +88.3% $20 / Sq Ft
08/30/2012 08/30/12 Sold $26,500 0.0% $17 / Sq Ft
08/30/2012 08/30/12 Sold $26,500 -11.4% $17 / Sq Ft
07/17/2012 07/17/12 Pending -- -- --
07/17/2012 07/17/12 Pending -- -- --
07/11/2012 07/11/12 For Sale $29,900 -6.3% $19 / Sq Ft
04/20/2012 04/20/12 For Sale $31,900 -- $21 / 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 $5,591 $74,500 $0 $0
2023 $5,280 $59,600 $0 $0
2022 $4,166 $49,800 $0 $0
2021 $3,836 $45,900 $0 $0
2020 $2,812 $40,900 $0 $0
2019 $5,131 $36,500 $0 $0
2018 $4,886 $33,900 $0 $0
2017 $2,555 $30,460 $3,290 $27,170
2016 $3,032 $30,460 $0 $0
2015 $1,915 $26,270 $0 $0
2013 $2,701 $25,160 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Arlita Harvey

    Seller's Agent in 2020

    Arlita Harvey

    The Ethical Experts

    Section Image

  • B

    Buyer's Agent in 2020

    Brett Ullmann

    Keller Williams Lakeside

    (586) 532-0500

    14 Total Sales

    Brett Ullmann
    Section Image

  • P

    Seller's Agent in 2017

    Paul Dehem

    X Press Realty

    (586) 219-4499

    2 in this area

    19 Total Sales

    Section Image
  • Garrett Hayden

    Buyer's Agent in 2017

    Garrett Hayden

    Keller Williams Realty-Great Lakes

    (586) 215-6607

    12 in this area

    93 Total Sales

    Garrett Hayden
    Section Image

  • J

    Seller's Agent in 2015

    John Bowden

    Agency Republic

  • RICK OSOS

    Seller's Agent in 2012

    RICK OSOS

    Realty Executives

    (586) 822-1554

    9 in this area

    64 Total Sales

    RICK OSOS
    Section Image
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Map

Source: Realcomp

MLS Number: 219118950

Realcomp

APN: 02-14-32-106-001

Michigan Macomb County Eastpointe 48021

22174 Cushing Ave, Eastpointe, MI

Homes for Sale in Eastpointe, MI

This home is located at 22174 Cushing Ave, Eastpointe, MI 48021 since 27 November 2019 and is currently estimated at $190,146, approximately $130 per square foot. This property was built in 1927. 22174 Cushing Ave is a home located in Macomb County with nearby schools including Pleasantview Elementary School, Eastpointe Middle School, and Chandler Park Academy - Elementary School.

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.

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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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