Seller's Agent in 2024
Troy Puste
EXP Realty Main
(734) 642-6656
4 in this area
45 Total Sales
2322 3rd St Wyandotte, MI 48192
Estimated Value: $190,000 - $220,000
4
Beds
2
Baths
1,360
Sq Ft
$153/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- Programmable Thermostat
- ENERGY STAR Qualified Windows
- Balcony
- Forced Air Heating System
- Laundry Facilities
About This Home
As of May 2024Highest and Best Due 3/27 at 11am.Great Investment Opportunity! Discover the perfect blend of comfort, convenience, and investment potential with this charming duplex nestled in the heart of Wyandotte. This unique offering is ideal for both investors and homebuyers, featuring two units, each with 2 bedrooms and 1 bathroom. These arrangements ensure ample space and privacy for occupants, making it an attractive proposition for a variety of needs. The property boasts brand new windows (2023) and a recently renovated upper unit that radiates modern living charm with its fresh and inviting atmosphere, while the first floor is currently occupied, providing immediate cash flow from the get-go. Adding to the convenience is a shared laundry facility in the basement, catering to all domestic needs without leaving the comfort of home. Situated just minutes from the renowned Henry Ford Hospital, the vibrant downtown Biddle Avenue, and within a short walk to local restaurants and bars, the location of this property promises an unbeatable lifestyle of convenience and entertainment. The previous rental history of the upper unit at $1,000 per month highlights the property's evident investment upside, showcasing substantial cash flow opportunities coupled with long-term value appreciation prospects. This duplex represents more than just a home; it's a smart investment into your future. The unique setup allows for an owner-occupant to reside in the beautifully renovated upper unit while enjoying the financial benefits generated by the income from the lower tenant. This can significantly offset mortgage payments, essentially allowing you to live for free while building equity in your investment. Embrace the opportunity to live in a vibrant community, enjoy proximity to top local amenities, and capitalize on the financial benefits this property offers. This rare find in Wyandotte is not to be missed.
Last Agent to Sell the Property
EXP Realty Main License #6502422262 Listed on: 03/21/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
Year Built
- Built in 1920
Lot Details
- 4,356 Sq Ft Lot
- Lot Dimensions are 35.00 x 120.00
- Fenced
Home Design
- Colonial Architecture
- Block Foundation
- Composition Roof
- Asphalt Roof
- Chimney Cap
Interior Spaces
- 2 Full Bathrooms
- 1,360 Sq Ft Home
- 2-Story Property
- ENERGY STAR Qualified Windows
- Carbon Monoxide Detectors
- Unfinished Basement
Parking
- 2 Parking Spaces
- On-Street Parking
- Unassigned Parking
Outdoor Features
- Balcony
- Exterior Lighting
Utilities
- Window Unit Cooling System
- Forced Air Heating System
- Heating System Uses Natural Gas
- Programmable Thermostat
- Natural Gas Water Heater
- High Speed Internet
Listing and Financial Details
- Assessor Parcel Number 57012070010000
Community Details
Overview
- 2 Units
- Northside Sub Subdivision
Amenities
- Laundry Facilities
Pet Policy
- Breed Restrictions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 21, 2024
Closed on
May 2, 2024
Sold by
Puste Troy
Bought by
Perez Lynnette
Seller's Agent
Troy Puste
EXP Realty Main
Buyer's Agent
Adam Rich
List Price
$182,500
Sold Price
$195,000
Premium/Discount to List
$12,500
6.85%
Views
61
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,234
Avg. Annual Appreciation
4.63%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Perez Lynnette | $195,000 | Title Solutions | |
| Perez Lynnette | $195,000 | Title Solutions |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/02/2024 05/02/24 | Sold | $195,000 | +6.8% | $143 / Sq Ft |
| 03/28/2024 03/28/24 | Pending | -- | -- | -- |
| 03/21/2024 03/21/24 | For Sale | $182,500 | -- | $134 / Sq Ft |
Source: Realcomp
Tax History Compared to Growth
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 | $4,235 | $89,800 | $0 | $0 |
| 2024 | $4,235 | $83,500 | $0 | $0 |
| 2023 | $3,938 | $73,700 | $0 | $0 |
| 2022 | $2,824 | $63,200 | $0 | $0 |
| 2021 | $2,760 | $55,900 | $0 | $0 |
| 2020 | $2,721 | $48,600 | $0 | $0 |
| 2019 | $2,680 | $46,200 | $0 | $0 |
| 2018 | $1,933 | $43,500 | $0 | $0 |
| 2017 | $1,342 | $43,500 | $0 | $0 |
| 2016 | $2,576 | $39,500 | $0 | $0 |
| 2015 | $3,468 | $36,700 | $0 | $0 |
| 2013 | $3,360 | $33,600 | $0 | $0 |
| 2012 | $1,706 | $35,200 | $6,400 | $28,800 |
Source: Public Records
Agents Affiliated with this Home
-
Troy Puste
-
Adam Rich
Buyer's Agent in 2024
Adam Rich
(734) 673-0385
1 in this area
13 Total Sales
Map
Source: Realcomp
MLS Number: 20240017754
APN: 57-012-07-0010-000
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IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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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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