NOT LISTED FOR SALE

2316 Ford St Detroit, MI 48238

Oakman Boulevard Community Neighborhood

Estimated Value: $100,000 - $121,000

6 Beds
2 Baths
2,304 Sq Ft
$48/Sq Ft Est. Value

Last Sold June 14, 2021

Last sale price $90,000 $39 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $747/month

83 Days on Market

Highlights

  • Traditional Architecture
  • Porch
  • 1-minute walk to LaSalle-Ford Playlot
  • Cass Technical High School Rated 10
  • Forced Air Heating System

About This Home

As of June 2021

Brick Multi-unit Updated building,each has 3 bedrooms, 2 high efficiency Furnances- Updated roof and gutters pecks throughout- electrical panels updated freshly painted, Floors re-sanded, upper unit occupied can see after accepted offer, motivated seller, Back on market , ready to go

Last Agent to Sell the Property

Thomas Nanes

Community Choice Realty Associates, LLC License #6501357168 Listed on: 02/25/2021

Last Buyer's Agent

Shanika Gordon

KW Metro License #RCO-6501393859

KW Metro

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1925

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 35x100

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 2 Full Bathrooms
  • 2,304 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Interior Basement Entry

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number W08I004785S

Community Details

Overview

  • 2 Units
  • Robert Oakmans Twelfth St Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,177

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Traditional
  • Architecture Level: 2 Story
  • Year Built: 1925
  • State Equalized Value: 17800.0000
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Interior Entry (Interior Access), Unfinished
  • Sq Ft Combined: 2304
  • Total Sq Ft: 2304
  • Sq Ft Total Bsmt: 980

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block
  • Frontage Feet: 35
  • Porch Type: Porch
  • Road Frontage Type: Paved

Utilities

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

Schools

  • School District: Detroit

Lot Info

  • Lot Size Area: 0.08
  • Lot Dimensions: 35x100
  • Parcel Number: W08I004785S
  • Zone Conform: Yes
  • Zoning: Multi-Family

Rental Info

  • Monthly Rental Income: 600

Tax Info

  • Tax Amount Summer: 1074.0000
  • Tax Amount Winter: 103.0000
  • Total Tax: 1177.0000

Multi Family

  • Gross Scheduled Income: 14400.00
  • Number Of Units Total: 2
  • Unit Count: 2
  • Number of Three Bedroom Units: 2

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2021
Closed on
Jun 14, 2021
Sold by
Marvan Iii Llc
Bought by
Moon Alexis
Seller's Agent
Thomas Nanes
Community Choice Realty Associates, LLC
Buyer's Agent
Shanika Gordon
KW Metro
List Price
$95,000
Sold Price
$90,000
Premium/Discount to List
-$5,000
-5.26%
Current Estimated Value
$110,364

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,364
Avg. Annual Appreciation
5.07%
Original Mortgage
$87,000
Outstanding Balance
$79,620
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$31,192

Purchase Details

Closed on
May 14, 2018
Sold by
Wayne County International Llc
Bought by
Marvin Iii Llc

Purchase Details

Closed on
Oct 16, 2017
Sold by
Sabree Eric R
Bought by
Wayne County International Llc

Purchase Details

Closed on
Nov 11, 2014
Sold by
Treasurer Of The Charter County Of Wayne
Bought by
Done Deal Investments Llc
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
Moon Alexis $90,000 Title One Inc
Marvin Iii Llc $32,000 Title Connect Llc
Wayne County International Llc $6,000 None Available
Done Deal Investments Llc $500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moon Alexis C $87,000
Closed Moon Alexis C $87,000
Previous Owner Linebarger Jane $43,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2021 06/14/21 Sold $90,000 -5.3% $39 / Sq Ft
05/20/2021 05/20/21 Pending -- -- --
04/27/2021 04/27/21 Price Changed $95,000 0.0% $41 / Sq Ft
04/27/2021 04/27/21 For Sale $95,000 +11.8% $41 / Sq Ft
04/15/2021 04/15/21 Pending -- -- --
04/02/2021 04/02/21 For Sale $85,000 0.0% $37 / Sq Ft
03/12/2021 03/12/21 Pending -- -- --
02/25/2021 02/25/21 For Sale $85,000 -- $37 / 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 $1,744 $31,700 $0 $0
2024 $1,744 $27,200 $0 $0
2023 $1,941 $21,800 $0 $0
2022 $2,071 $19,800 $0 $0
2021 $1,711 $15,700 $0 $0
2020 $1,837 $17,800 $0 $0
2019 $1,809 $16,600 $0 $0
2018 $1,074 $14,200 $0 $0
2017 $201 $13,300 $0 $0
2016 $1,179 $41,400 $0 $0
2015 $1,060 $11,100 $0 $0
2013 $1,027 $15,469 $0 $0
2010 -- $22,164 $727 $21,437
Source: Public Records

Agents Affiliated with this Home

  • Thomas Nanes

    Seller's Agent in 2021

    Thomas Nanes

    Community Choice Realty Associates, LLC

    (248) 895-3651

    1 in this area

    74 Total Sales

    Thomas Nanes
    Section Image
  • Shanika Gordon

    Buyer's Agent in 2021

    Shanika Gordon

    KW Metro

    (248) 288-3500

    1 in this area

    14 Total Sales

    Shanika Gordon
    Section Image
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Map

Source: Realcomp

MLS Number: 2210012415

Realcomp

APN: 08-004785

Michigan Wayne County Detroit 48238 Oakman Boulevard Community

2316 Ford St, Detroit, MI

This home is located at 2316 Ford St, Detroit, MI 48238 since 25 February 2021 and is currently estimated at $110,364, approximately $47 per square foot. This property was built in 1925. 2316 Ford St is a home located in Wayne County with nearby schools including Thurgood Marshall Elementary-Middle School, Charles L. Spain Elementary-Middle School, and Edward 'Duke' Ellington Conservatory of Music and Art.

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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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