NOT LISTED FOR SALE

Estimated Value: $89,910 - $118,000

4 Beds
1 Bath
1,920 Sq Ft
$56/Sq Ft Est. Value

Last Sold October 26, 2012

Last sale price $1,500 $1 Per Sq Ft

Est. 7,049% increase in value since last sale

Current estimated payment $636/month

22 Days on Market

About This Home

As of October 2012

Big two family duplex close to sporting venues, the cultural center, shopping and freeways. Fenced back yard has shade from mature trees. Spacious living rooms have crown mouldings and plenty of windows for bright light. Compact galley kitchens and formal dining rooms. Two roomy bedrooms and a full basement. Fannie Mae HomePath property, sold as is. Buyer to pay $300.00 in rekey fees, $150 per unit.

Last Listed By

Cal Fowler

Fowler Real Estate License #6501240350 Listed on: 09/25/2012

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1924

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 35x110

Home Design

  • Slab Foundation

Interior Spaces

  • 1 Full Bathroom
  • 1,920 Sq Ft Home
  • 2-Story Property

Utilities

  • Gravity Heating System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units
  • Robert Oakmans Twelfth St Subdivision

Listing and Financial Details

  • Assessor Parcel Number W08I004691S

Property Details

Home Type

Multi-Family

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Assessment: YES
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Sq Ft Combined: 1920
  • Total Sq Ft: 1920

Exterior Features

  • Foundation Details: Slab
  • Road Frontage Type: Paved

Utilities

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

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 16667.0000
  • Lot Size Area: 0.09
  • Lot Dimensions: 35X110
  • Parcel Number: W08I004691S
  • Zone Conform: Yes
  • Zoning: Multi-Family
  • Homestead Percent: 0 Percent

Rental Info

  • Monthly Rental Income: 340

Tax Info

  • Tax Amount Summer: 997.0000
  • Tax Amount Winter: 71.0000
  • Total Tax: 1068.0000

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

Closed on
Mar 27, 2012
Sold by
Residential Credit Solutions Inc
Bought by
Fannie Mae and Federal National Mortgage Association
Total Days on Market
22
Current Estimated Value
$107,228

Purchase Details

Closed on
Feb 9, 2012
Sold by
Hollins Virgil T and Hollins Marilyn J
Bought by
Residential Credit Solutions Inc

Purchase Details

Closed on
Mar 23, 1996
Sold by
Mtg Corp Of America
Bought by
William O Shreve

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Similar Homes in Detroit, MI

  • 15930 Turner St, Detroit, MI 48238

    $99,900

    • 6 Beds
    • 2 Baths
    • 1,856 Sq Ft
    • 15930 Turner St
    • Detroit, MI

    SELLER FINANCING / LAND CONTRACT TERMS AVAILABLE AT 115,000 PURCHASE PRICE, 30,000 DOWN PAYMENT, 8% INTEREST, 96 MONTH TERM. 1031 / MONTH. Seller financing/land contract terms are negotiable.A hidden gem awaiting your creative vision! This 2-family home presents an exceptional opportunity for ambitious investors or forward-thinking homeowners ready to build their future. Ideally located near

    Derek Lievens Market Elite Inc

    Section Image
  • 14615 Winthrop St, Detroit, MI 48227

    $99,900

    • 6 Beds
    • 2 Baths
    • 2,434 Sq Ft
    • 14615 Winthrop St
    • Detroit, MI

    SELLER FINANCING / LAND CONTRACT TERMS AVAILABLE AT 95,000 PURCHASE PRICE, 30,000 DOWN PAYMENT, 8% INTEREST, 120 MONTH TERM. 1031 / MONTH. seller financing/land contract terms are negotiable.A hidden gem waiting for your creative touch! This spacious duplex offers a unique opportunity for savvy investors or a handy homeowner looking to bring their vision to life. Conveniently located near major

    Derek Lievens Market Elite Inc

    Section Image
  • 14697 Winthrop St, Detroit, MI 48227

    $118,999

    • 5 Beds
    • 2 Baths
    • 2,379 Sq Ft
    • 14697 Winthrop St
    • Detroit, MI

    Turnkey - Opportunity. This brick two family offers separate entrances and utilities. Each unit features 2 bedrooms, kitchen, living and dining room. The basement is an open common space area. Investors check out the ROI on this one. A license realtor is required on all showings and inspections. BATVAI prior to making an offer.

    Clarence Wilson RCH Brokerage Legacy Inc

    Section Image
  • 5299 Drexel St, Detroit, MI 48213

    $125,000

    • 4 Beds
    • 2.5 Baths
    • 1,914 Sq Ft
    • 5299 Drexel St
    • Detroit, MI

    Excellent investment opportunity! This fully leased, income-producing multi-family brick home features two spacious units, each offering 2 bedrooms and 1 bathroom. Updated and remodeled in 2023, the property boasts a brand-new roof, updated mechanicals, and a well-designed layout. Enjoy additional space with two side lots, a large driveway, and a generously sized yard—perfect for outdoor

    Jennifer Aparicio EXP Realty Main

    Section Image
  • 2433 La Belle St, Detroit, MI 48238

    $88,000

    • 4 Beds
    • 2 Baths
    • 2,016 Sq Ft
    • 2433 La Belle St
    • Detroit, MI

    Here is an investment opportunity on Detroit's West Side. Upper / Lower duplex with 2 BR units. Kitchen and bath have original tile. Vinyl windows. Full basement. Good candidate for a flip or fix and rent. Nice location near the Davison / M-10 interchange.

    Ben Ness Clyde Realty LLC

    Section Image
  • 2682 Clements St, Detroit, MI 48238

    $100,000

    • 4 Beds
    • 2 Baths
    • 1,920 Sq Ft
    • 2682 Clements St
    • Detroit, MI

    Great Investment Opportunity – 2682 Clements, DetroitThis brick multi-family home is a fantastic opportunity for investors looking for steady cash flow. The property features two units, each with two bedrooms and one bathroom. The downstairs unit is tenant-occupied with a rental income of $850 per month in cash, while the upstairs unit is vacant and available for touring. The listing agent has

    Andre Wadley Jr EXP Realty Main

    Section Image
  • 2748 W Buena Vista St, Detroit, MI 48238

    $104,999

    • 6 Beds
    • 2 Baths
    • 2,112 Sq Ft
    • 2748 W Buena Vista St
    • Detroit, MI

    Investor special in one of Detroit’s promising up-and-coming neighborhoods! This spacious two-family flat features two units, each offering 3 bedrooms and 1 bathroom, making it ideal for house hacking or adding to your rental portfolio. Located in a revitalizing area just minutes from major freeways, downtown Detroit, and key redevelopment projects, this property offers serious upside potential.

    Tinaesha Sims Front Page Properties

    Section Image
  • 3211 W Grand St, Detroit, MI 48238

    $125,000

    • 6 Beds
    • 2 Baths
    • 1,550 Sq Ft
    • 3211 W Grand St
    • Detroit, MI

    Discover this cash-flowing duplex at 3209 W Grand Street, offering an excellent opportunity for investors looking to expand their portfolio. Each spacious unit features 3 bedrooms and 1 bath, with stable tenants in place, currently generating $875 per month per unit—a total of $1,750 in monthly rental income.Recent updates include new appliances, a new water heater, reglazed tubs, and

    Marta Kopania Downtown Realty

    Section Image
  • 1700 Cortland St, Detroit, MI 48206

    $89,900

    • 4 Beds
    • 2 Baths
    • 2,312 Sq Ft
    • 1700 Cortland St
    • Detroit, MI

    GREAT INCOME PROPERTY 2 BDRMS UP 2 DOWN SEPARATE UTILITES. SOME WORK DONE BUT NEEDS TLC. AS IS SALE

    Darroll Jenkins Community Choice Realty Inc

    Section Image

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
Fannie Mae -- None Available
Residential Credit Solutions Inc $37,099 None Available
William O Shreve $20,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2012 10/26/12 Sold $1,500 0.0% $1 / Sq Ft
10/17/2012 10/17/12 Pending -- -- --
09/25/2012 09/25/12 For Sale $1,500 -- $1 / 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 $421 $22,900 $0 $0
2023 $700 $18,400 $0 $0
2022 $737 $16,400 $0 $0
2021 $679 $13,000 $0 $0
2020 $725 $14,700 $0 $0
2019 $718 $13,800 $0 $0
2018 $649 $11,000 $0 $0
2017 $98 $10,300 $0 $0
2016 $701 $32,000 $0 $0
2015 $540 $5,400 $0 $0
2013 $749 $7,489 $0 $0
2010 -- $10,731 $684 $10,047
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 212099008

Realcomp

APN: 08-004691