NOT LISTED FOR SALE

2340 W Grand St Detroit, MI 48238

Oakman Boulevard Community Neighborhood

Estimated Value: $195,000 - $244,000

8 Beds
4 Baths
3,420 Sq Ft
$66/Sq Ft Est. Value

Last Sold June 13, 2022

Last sale price $210,000 $61 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,436/month

78 Days on Market

Highlights

  • Forced Air Heating System
  • Cass Technical High School Rated 10
  • 2-minute walk to LaSalle-Ford Playlot

About This Home

As of June 2022

Welcome to 2340 W Grand!! Rare Quadruplex property located in a desirable area of Detroit! Building is minutes away from University of Detroit Mercy and Downtown Detroit . The opportunities are endless. Each unit has 2 bedrooms and 1 full bath . Well maintained property. Sold as-is. BTVAI

Last Agent to Sell the Property

Alex Farhat

Own It Realty License #6506047996 Listed on: 02/17/2022

Last Buyer's Agent

Justin Barton

Serenity Realty LLC License #6501431272

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1926

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 48.00x105.00

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Brick Foundation
  • Asphalt Roof

Interior Spaces

  • 4 Full Bathrooms
  • 3,420 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number W08I004626S

Community Details

Overview

  • 4 Units
  • Robert Oakmans Twelfth St Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,387

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Quadruplex
  • Architecture Level: 2 Story
  • Assessment: 240
  • Year Built: 1926
  • State Equalized Value: 21800.0000
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 3420
  • Total Sq Ft: 3420
  • Sq Ft Total Bsmt: 1100

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Brick/Mortar
  • Frontage Feet: 48
  • Road Frontage Type: Paved

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Sewer at Street
  • Water Source: Public (Municipal)

Schools

  • School District: Detroit

Lot Info

  • Lot Size Area: 0.12
  • Lot Dimensions: 48.00X105.00
  • Parcel Number: W08I004626S
  • Zoning: Multi-Family
  • Percent Homestead Exempt: Yes

Rental Info

  • Monthly Rental Income: 750

Tax Info

  • Tax Amount Summer: 1258.0000
  • Tax Amount Winter: 129.0000
  • Total Tax: 1387.0000
  • Taxable Value: 13841.0000

Multi Family

  • Gross Scheduled Income: 36000.00
  • Number Of Units Total: 4
  • Unit Count: 1
  • Number of Two Bedroom Units: 4

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2022
Closed on
Jun 1, 2022
Sold by
Global Land And Property Development Inc
Bought by
Tang-Bo Family Living Trust
Seller's Agent
Alex Farhat
Own It Realty
Buyer's Agent
Justin Barton
Serenity Realty LLC
List Price
$210,000
Sold Price
$210,000
Current Estimated Value
$224,825

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,825
Avg. Annual Appreciation
2.13%
Original Mortgage
$147,000
Outstanding Balance
$140,069
Interest Rate
5.27%
Mortgage Type
New Conventional
Estimated Equity
$84,756

Purchase Details

Closed on
Mar 12, 2020
Sold by
Duplido Properties 2018 Llc
Bought by
Global Land And Property Development Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,000
Interest Rate
3.5%
Mortgage Type
Construction

Purchase Details

Closed on
Nov 22, 2019
Sold by
Duplide Properties 2018 Llc
Bought by
Global Land And Property Development Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
3.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 1, 2019
Sold by
Mega Management Group Llc
Bought by
Duplido Properties 2018 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
3.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 12, 2018
Sold by
Brown Pascal
Bought by
Mega Management Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,810
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 7, 2005
Sold by
Garnett Tishia and Garnett Garnet Tishia
Bought by
Brown Pascal D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,200
Interest Rate
9.35%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 28, 2004
Sold by
Sanders Thomas L and Sanders Deborah A
Bought by
Garnet Tishia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,280
Interest Rate
8.39%
Mortgage Type
Purchase Money Mortgage
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
Tang-Bo Family Living Trust $210,000 None Listed On Document
Global Land And Property Development Inc $208,200 Fidelity National Title
Global Land And Property Development Inc $170,000 None Available
Duplido Properties 2018 Llc $284,000 None Available
Mega Management Group Llc -- None Available
Brown Pascal D $128,000 Complete Title Services
Garnet Tishia $82,400 Netco
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tang-Bo Family Living Trust $147,000
Previous Owner Global Land And Property Development Inc $238,000
Previous Owner Duplido Properties 2018 Llc $275,000
Previous Owner Mega Management Group Llc $109,810
Previous Owner Brown Pascal $45,644
Previous Owner Brown Pascal D $115,200
Previous Owner Garnet Tishia $78,280
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2022 06/13/22 Sold $210,000 0.0% $61 / Sq Ft
05/07/2022 05/07/22 Pending -- -- --
05/02/2022 05/02/22 Price Changed $210,000 0.0% $61 / Sq Ft
05/02/2022 05/02/22 For Sale $210,000 -4.5% $61 / Sq Ft
03/21/2022 03/21/22 Pending -- -- --
03/03/2022 03/03/22 Price Changed $219,900 -8.3% $64 / Sq Ft
02/17/2022 02/17/22 For Sale $239,900 -- $70 / 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 $2,639 $43,800 $0 $0
2024 $2,639 $37,700 $0 $0
2023 $2,565 $30,200 $0 $0
2022 $2,208 $27,500 $0 $0
2021 $1,448 $21,800 $0 $0
2020 $1,448 $24,700 $0 $0
2019 $1,365 $23,000 $0 $0
2018 $1,288 $20,100 $0 $0
2017 $243 $18,800 $0 $0
2016 $1,412 $59,100 $0 $0
2015 $1,340 $13,400 $0 $0
2013 $1,856 $18,561 $0 $0
2010 -- $26,595 $1,027 $25,568
Source: Public Records

Agents Affiliated with this Home

  • Alex Farhat

    Seller's Agent in 2022

    Alex Farhat

    Own It Realty

    (313) 932-4111

    3 in this area

    120 Total Sales

    Alex Farhat
    Section Image

  • J

    Buyer's Agent in 2022

    Justin Barton

    Serenity Realty LLC

    Section Image
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Map

Source: Realcomp

MLS Number: 2220010857

Realcomp

APN: 08-004626

Michigan Wayne County Detroit 48238 Oakman Boulevard Community

2340 W Grand St, Detroit, MI

This home is located at 2340 W Grand St, Detroit, MI 48238 since 17 February 2022 and is currently estimated at $224,825, approximately $65 per square foot. This property was built in 1926. 2340 W Grand 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
Copyright 2025 Realcomp II Ltd. Shareholders
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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