NOT LISTED FOR SALE

23081 Powell Ave Hazel Park, MI 48030

Estimated Value: $181,000 - $326,000

4 Beds
4 Baths
1,999 Sq Ft
$130/Sq Ft Est. Value

Sale Details

Date Sold: February 16, 2016

Last sale price $90,000 $45 Per Sq Ft

Est. 188% increase in value since last sale

Current estimated payment $1,719 / mo

4 Days on Market

Highlights

  • Porch
  • Ceiling Fan
  • High Speed Internet

About This Home

As of February 2016

This is a rare opportunity. 4 one bedroom apartment building - all rented. Two upper and two lower. Off street parking for eight cars. HIGHEST AND BEST BY 1/27/2016 at 8pm

Last Agent to Sell the Property

Patti McCarty

Coldwell Banker Professionals-Birm License #6501272298 Listed on: 01/25/2016

Coldwell Banker Professionals-Birm

Last Buyer's Agent

Donna McManus

Howard Hanna Birmingham License #6501187414

Howard Hanna Birmingham

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 40x104

Home Design

  • Quadruplex
  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 4 Full Bathrooms
  • 1,999 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Basement

Parking

  • 8 Parking Spaces
  • Paved Parking
  • Off-Site Parking
  • Assigned Parking

Outdoor Features

  • Exterior Lighting
  • Porch

Utilities

  • Wall Furnace
  • Heating System Uses Natural Gas
  • Separate Meters
  • Natural Gas Water Heater
  • High Speed Internet

Community Details

  • 4 Units
  • Pilgrim Heights Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2526459040

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

8,276 Sq Ft Lot

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Quadruplex
  • Architecture Level: 2 Story
  • Assessment: 61.48
  • Year Built: 1965
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: High Spd Internet Avail
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement Type: Private
  • Total Sq Ft: 1999

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Michigan Basement
  • Construction Materials: Vinyl, Wood
  • Exterior Features: Lighting
  • Foundation Materials: Block
  • Porch Type: Porch
  • Road Frontage Type: Pub. Sidewalk

Garage/Parking

  • MF Parking: Assigned Spaces, Off Site, Paved
  • Total Parking Spaces: 8

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Separate Meter
  • Heating: Separate Meters, Wall/Floor Furnace
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Lot Info

  • List Price per Acre: 447368.4211
  • Lot Size Area: 0.19
  • Lot Dimensions: 40X104
  • Parcel Number: 2526459040
  • Zoning: Multi-Family

Rental Info

  • Rent Includes: Trash Collection (Garbage Pickup), Snow Removal, Water/Sewer, Yard Maintenance
  • Monthly Rental Income: 1935

Tax Info

  • Tax Amount Summer: 2684.0000
  • Tax Amount Winter: 566.0000
  • Total Tax: 3250.0000

Multi Family

  • Gross Scheduled Income: 23220.00
  • Number Of Units Total: 4

MLS Schools

  • School District: Hazel Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2016
Closed on
Feb 16, 2016
Sold by
Rodgers Peter Len and Rodgers Leonard F
Bought by
Bina Properties Llc
Seller's Agent
Patti McCarty
Coldwell Banker Professionals-Birm
Buyer's Agent
Donna McManus
Howard Hanna Birmingham
List Price
$85,000
Sold Price
$90,000
Premium/Discount to List
$5,000
5.88%
Current Estimated Value
$259,266

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,266
Avg. Annual Appreciation
10.99%
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
Bina Properties Llc $90,000 Title One Inc
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/16/2016 02/16/16 Sold $90,000 +5.9% $45 / Sq Ft
01/29/2016 01/29/16 Pending -- -- --
01/25/2016 01/25/16 For Sale $85,000 -- $43 / Sq Ft
Source: Realcomp

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 $3,862 $83,090 $0 $0
2024 $3,701 $74,370 $0 $0
2023 $3,775 $65,670 $0 $0
2022 $3,740 $56,580 $0 $0
2021 $3,677 $49,980 $0 $0
2020 $3,595 $45,660 $0 $0
2019 $3,634 $41,350 $0 $0
2018 $3,542 $37,970 $0 $0
2017 $3,467 $36,470 $0 $0
2016 $2,743 $32,330 $0 $0
2015 -- $30,230 $0 $0
2014 -- $28,060 $0 $0
2011 -- $53,040 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 216007611

Realcomp

APN: 25-26-459-040

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