NOT LISTED FOR SALE

Estimated Value: $298,000 - $340,000

4 Beds
2 Baths
2,376 Sq Ft
$134/Sq Ft Est. Value

Last Sold June 23, 2023

Last sale price $30,000 $13 Per Sq Ft

Est. 963% increase in value since last sale

Current estimated payment $1,767/month

279 Days on Market

Highlights

  • Bungalow
  • Forced Air Heating System
  • Dogs and Cats Allowed
  • Cass Technical High School Rated 10

About This Home

As of June 2023

2 unit multi family in the North End Neighborhood, with rare additional side lot. Subject sale includes 223 E Euclid and 227 E Euclid. Excellent income property opportunity, or convert to SFR with large side lot for additional outdoor living space and or onsite parking. Newer roof and many immediate upgrades to surrounding area. All offers must be supported by Proof of Funds for both the Purchase Price, as well as the construction costs. No Land Contracts. Buyer to have the property inspected as their is no property inspection report on file. The sale of said property is open to homeowners, investors and developers. All proposals must answer all of the questions in the attached document title DLBA proposal requirements for bundled single family homes. Seller Addendum's to be provided upon acceptance of qualifying offer. This sale is contingent upon Buyer & Seller execution of a Development Agreement. Buyer to verify all room sizes. Contact listing broker with additional questions. See Additional Attachments for Offer Requirements. BTVAI & Sizes.

Last Agent to Sell the Property

James Bufalino

Premier Property Services LLC License #6501313711 Listed on: 08/05/2022

Last Buyer's Agent

James Bufalino

Premier Property Services LLC License #6501313711 Listed on: 08/05/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $240

Year Built

  • Built in 1910

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 60 x 120

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Brick Foundation
  • Masonry

Interior Spaces

  • 2 Full Bathrooms
  • 2,376 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Utilities

  • Forced Air Heating System
  • Back Up Electric Heat Pump System
  • Heating System Uses Natural Gas
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 01002552.

Community Details

Overview

  • 2 Units
  • Lowes Sub Subdivision

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$240

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Bungalow
  • Architecture Level: 2 Story
  • Year Built: 1910
  • Year Renovated: 1910
  • Pets Allowed: Cats OK | Dogs OK
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 2376
  • Total Sq Ft: 2376
  • Sq Ft Total Bsmt: 1152

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Block/Concrete/Masonry, Brick
  • Foundation Materials: Brick/Mortar
  • Frontage Feet: 60
  • Road Frontage Type: Paved

Utilities

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

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 156250.0000
  • Lot Size Area: 0.16
  • Lot Dimensions: 60 x 120
  • Parcel Number: 01002552.
  • Zoning: Multi-Family

Tax Info

  • Tax Amount Summer: 240.0000
  • Total Tax: 240.0000

Multi Family

  • Number Of Units Total: 2
  • Number of Two Bedroom Units: 2

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2022
Closed on
May 18, 2023
Sold by
Detroit Land Bank Authority
Bought by
Eppig David
Seller's Agent
James Bufalino
Premier Property Services LLC
Buyer's Agent
James Bufalino
Premier Property Services LLC
List Price
$15,000
Sold Price
$30,000
Premium/Discount to List
$15,000
100%
Views
102
Current Estimated Value
$319,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$289,000
Avg. Annual Appreciation
180.58%

Purchase Details

Closed on
Apr 20, 2019
Sold by
Percosa Marco
Bought by
Detroit Land Bank Authority

Purchase Details

Closed on
Apr 20, 2018
Sold by
The Detriot Land Bank Authority
Bought by
Perosa Marco

Purchase Details

Closed on
Jan 23, 2014
Sold by
Wayne County Treasurer
Bought by
Detroit Landbank Authority

Purchase Details

Closed on
Mar 4, 2009
Sold by
Charter County Of Wayne
Bought by
Stokes Sevare

Purchase Details

Closed on
Mar 7, 2006
Sold by
Dixon Robert and Dixon Susie M
Bought by
Dixon Susie
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
Eppig David $30,000 None Listed On Document
Detroit Land Bank Authority -- None Available
Perosa Marco $17,100 None Available
Detroit Landbank Authority -- None Available
Stokes Sevare $855 None Available
Dixon Susie $3,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2023 06/23/23 Sold $30,000 +20.0% $13 / Sq Ft
05/11/2023 05/11/23 Pending -- -- --
10/11/2022 10/11/22 Price Changed $25,000 +66.7% $11 / Sq Ft
08/05/2022 08/05/22 For Sale $15,000 -- $6 / 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 -- $0 $0 $0
2023 $0 $0 $0 $0
2022 $0 $0 $0 $0
2021 $0 $0 $0 $0
2020 $2,449 $0 $0 $0
2019 $1,957 $19,400 $0 $0
2018 $0 $0 $0 $0
2017 $2,631 $0 $0 $0
2016 $340 $0 $0 $0
2015 $2,631 $0 $0 $0
2013 $2,631 $26,308 $0 $0
2010 -- $34,887 $514 $34,373
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20221027543

Realcomp

APN: 01-002552