NOT LISTED FOR SALE

Estimated Value: $94,000 - $138,000

6 Beds
3.5 Baths
3,402 Sq Ft
$32/Sq Ft Est. Value

Last Sold August 24, 2023

Last sale price $85,000 $25 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $685/month

75 Days on Market

Highlights

  • Covered Patio or Porch
  • Cass Technical High School Rated 10
  • Hot Water Heating System

About This Home

As of August 2023

Welcome to this charming upper and lower flat duplex! Boasting over 3400 square feet of livable space, this property is an excellent opportunity for investors or those looking to live in one unit and rent out the other. Each unit in this duplex offers spacious living quarters, featuring three bedrooms and one full bath, providing ample space for comfortable living. The layout is designed to optimize functionality and privacy, ensuring a pleasant living experience for both tenants and owners. One of the standout features of this property is the separate utility hookups for each unit, providing convenience and flexibility. This setup allows for independent control and billing of utilities, making it an attractive option for tenants and reducing management overhead for the investor. The exterior of the property is well-maintained, with a charming curb appeal that adds to its overall desirability. The ample size of the lot provides potential for outdoor activities or additional landscaping to create a pleasant and inviting atmosphere. Whether you're an investor seeking a profitable rental property or an individual looking for a home with additional income potential, this upper and lower flat duplex offers a fantastic opportunity to make your real estate dreams a reality. Don't miss out on the chance to own this impressive property!

Last Agent to Sell the Property

Michael Allen

National Realty Centers, Inc License #6501394767 Listed on: 05/31/2023

National Realty Centers, Inc

Co-Listed By

Anthony Rinna

National Realty Centers, Inc License #6501435386

Last Buyer's Agent

Dawn Thompson

Exit United Realty Professionals License #RCO-6501350620

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1922

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 40.00 x 137.00

Parking

  • On-Street Parking

Home Design

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

Interior Spaces

  • 3,402 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number W10I003051S

Community Details

Overview

  • 2 Units
  • Joy Farm Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,455

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 2 Story
  • Assessment: 340.00
  • Year Built: 1922
  • State Equalized Value: 27000.0000
  • Pets Allowed: Yes
  • AgentOnly_ListPriceByAcre: 768461.5300
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 3402

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Brick/Mortar
  • Porch Type: Porch - Covered, Patio, Porch
  • Road Frontage Type: Paved
  • Sideof Street: NE

Garage/Parking

  • MF Parking: On Street

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Hot Water
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)

Lot Info

  • Lot Size Area: 0.13
  • Lot Dimensions: 40.00 x 137.00
  • Parcel Number: W10I003051S
  • Zoning: Multi-Family
  • Percent Homestead Exempt: Yes

Rental Info

  • Monthly Rental Income: 2500

Tax Info

  • Tax Amount Summer: 1305.0000
  • Tax Amount Winter: 150.0000
  • Total Tax: 1455.0000
  • Taxable Value: 15873.0000

Multi Family

  • Gross Scheduled Income: 30000.00
  • Number Of Units Total: 2

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2023
Closed on
Aug 24, 2023
Sold by
Wedlow Delores
Bought by
Wedlow Jeremy
Seller's Agent
Michael Allen
National Realty Centers, Inc
Buyer's Agent
Dawn Thompson
Exit United Realty Professionals
List Price
$115,000
Sold Price
$85,000
Premium/Discount to List
-$30,000
-26.09%
Views
150
Current Estimated Value
$109,470

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,470
Avg. Annual Appreciation
11.68%

Purchase Details

Closed on
Sep 18, 2015
Sold by
Neely E Jr James
Bought by
Morris Eugenia

Purchase Details

Closed on
Jan 21, 2011
Sold by
Du Bose Willa D
Bought by
Neely James E

Purchase Details

Closed on
Jan 15, 2004
Sold by
Dubose Blannon and Dubose Willa
Bought by
Dubose Blannon
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wedlow Jeremy $85,000 None Listed On Document
Morris Eugenia $4,000 Attorney
Neely James E -- None Available
Dubose Blannon -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/24/2023 08/24/23 Sold $85,000 -14.9% $25 / Sq Ft
06/12/2023 06/12/23 Price Changed $99,900 -13.1% $29 / Sq Ft
05/31/2023 05/31/23 For Sale $115,000 -- $34 / 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 $3,324 $50,400 $0 $0
2024 $3,324 $42,800 $0 $0
2023 $1,623 $34,200 $0 $0
2022 $1,727 $27,000 $0 $0
2021 $1,681 $21,900 $0 $0
2020 $1,681 $20,300 $0 $0
2019 $1,521 $19,200 $0 $0
2018 $1,326 $18,200 $0 $0
2017 $270 $20,900 $0 $0
2016 $1,456 $46,200 $0 $0
2015 $1,393 $14,800 $0 $0
2013 $1,350 $20,613 $0 $0
2010 -- $29,535 $1,108 $28,427
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20230042697

Realcomp

APN: 10-003051