NOT LISTED FOR SALE

224 Alter Rd Detroit, MI 48215

Jefferson Chalmers Neighborhood

Estimated Value: $176,000 - $234,000

6 Beds
4 Baths
2,218 Sq Ft
$96/Sq Ft Est. Value

Last Sold December 09, 2016

Last sale price $82,000 $37 Per Sq Ft

Est. 158% increase in value since last sale

Current estimated payment $1,358/month

68 Days on Market

Highlights

  • Porch
  • Forced Air Heating System
  • Fenced
  • Cass Technical High School Rated 10

About This Home

As of December 2016

Two 3 Bedroom Units, 2218 sq ft Colonial Duplex. One block from the Detroit River & Ford Brush Park, Public boat launch available, Vinyl windows, separate utilities. 226 Tenant occupied 1 year lease, 2 1/2 Car Garage. Duplicate units. No Virtual Showings. BATVAI

Last Agent to Sell the Property

Daniel Foley

Century 21 Town & Country-Roch License #6501266697 Listed on: 08/31/2016

Last Buyer's Agent

Non Participant

Non Realcomp Office License #RCO

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1947

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 50.00x135.00
  • Fenced

Parking

  • Paved Parking

Home Design

  • Duplex
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 2,218 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Outdoor Features

  • Porch

Utilities

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

Community Details

  • 2 Units
  • Windmill Pointe Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number W21I062616S
  • $1,200 Seller Concession

Property Details

Home Type

Multi-Family

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 2 Story
  • Year Built: 1947
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.20
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 2218
  • Total Sq Ft: 2218
  • Sq Ft Total Bsmt: 546

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Aluminum, Brick
  • Exterior Features: Fenced
  • Foundation Materials: Block
  • Frontage Feet: 50
  • Porch Type: Porch
  • Road Frontage Type: Paved

Garage/Parking

  • MF Parking: Paved

Utilities

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

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 531250.0000
  • Lot Size Area: 0.16
  • Lot Dimensions: 50.00X135.00
  • Parcel Number: W21I062616S
  • Zone Conform: Yes
  • Zoning: Residential

Rental Info

  • Rent Includes: Trash Collection (Garbage Pickup), Water/Sewer
  • Legal Rental Certified: Yes
  • Monthly Rental Income: 725

Tax Info

  • Tax Amount Summer: 2506.0000
  • Tax Amount Winter: 261.0000
  • Total Tax: 2767.0000

Multi Family

  • Gross Scheduled Income: 8700.00
  • Number Of Units Total: 2
  • Number of Three Bedroom Units: 2
  • Number Of Units Leased: 1

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 4, 2023
Sold by
Tolosa Alejandra Salines
Bought by
Mcmeekins Felicia Marie
Current Estimated Value
$211,958

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,522
Outstanding Balance
$184,301
Interest Rate
6.67%
Mortgage Type
FHA
Estimated Equity
$27,657

Purchase Details

Listed on
Aug 31, 2016
Closed on
Dec 9, 2016
Sold by
Letwak Gregory S and Letwak Maria A
Bought by
Tolosa Alejandra Salinas
Seller's Agent
Daniel Foley
Century 21 Town & Country-Roch
Buyer's Agent
Non Participant
Non Realcomp Office
List Price
$92,500
Sold Price
$82,000
Premium/Discount to List
-$10,500
-11.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.59%

Purchase Details

Closed on
Aug 17, 2006
Sold by
Batacan Dorothy A and Letwak Maria A
Bought by
Batacan Dorothy A and Letwak Gregory S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,800
Interest Rate
6.78%
Mortgage Type
New Conventional
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
Mcmeekins Felicia Marie $192,000 None Listed On Document
Tolosa Alejandra Salinas $82,000 Title One Inc
Batacan Dorothy A -- Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcmeekins Felicia Marie $188,522
Previous Owner Batacan Dorothy A $81,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2016 12/09/16 Sold $82,000 -11.4% $37 / Sq Ft
11/07/2016 11/07/16 Pending -- -- --
08/31/2016 08/31/16 For Sale $92,500 -- $42 / 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 $2,436 $50,600 $0 $0
2024 $2,436 $34,900 $0 $0
2023 $1,338 $26,700 $0 $0
2022 $1,419 $23,600 $0 $0
2021 $1,384 $18,800 $0 $0
2020 $1,383 $17,100 $0 $0
2019 $1,264 $13,300 $0 $0
2018 $1,210 $11,300 $0 $0
2017 $218 $11,500 $0 $0
2016 $2,803 $27,600 $0 $0
2015 $2,760 $27,600 $0 $0
2013 $3,263 $32,628 $0 $0
2010 -- $47,838 $1,454 $46,384
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2016

    Daniel Foley

    Century 21 Town & Country-Roch

    Section Image

  • N

    Buyer's Agent in 2016

    Non Participant

    Non Realcomp Office

  • U

    Buyer's Agent in 2016

    Unidentified Agent

    Unidentified Office

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Map

Source: Realcomp

MLS Number: 216086857

Realcomp

APN: 21-062616

Michigan Wayne County Detroit 48215 Jefferson Chalmers

224 Alter Rd, Detroit, MI

This home is located at 224 Alter Rd, Detroit, MI 48215 since 31 August 2016 and is currently estimated at $211,958, approximately $95 per square foot. This property was built in 1947. 224 Alter Rd is a home located in Wayne County with nearby schools including Carstens Academy of Aquatic Science, Edward 'Duke' Ellington Conservatory of Music and Art, and Charles L. Spain Elementary-Middle School.

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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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