NOT LISTED FOR SALE

2427 Springwells St Detroit, MI 48209

Springwells Neighborhood

Estimated Value: $136,927 - $178,000

4 Beds
2 Baths
2,016 Sq Ft
$79/Sq Ft Est. Value

Last Sold April 30, 2019

Last sale price $88,000 $44 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $1,028/month

5 Days on Market

Highlights

  • Porch
  • Forced Air Heating and Cooling System
  • Private Entrance
  • Cass Technical High School Rated 10
  • Ceiling Fan
  • Laundry Facilities

About This Home

As of April 2019

Charming duplex nestled in vibrant, up-and-coming Southwest Detroit neighborhood. Use as a wonderful single family home or money making duplex (turn key investment opportunity). Features include beautiful original hardwood floors throughout, Bay windows with beveled glass in living rooms, and central air in both units. Updates include bathroom, kitchen and windows. Upper unit is currently under lease until January of 2020. Located minutes away from Mexican town, Cork town, Ford Motor train depot and downtown Detroit. Close to restaurants, shopping, public transit and major highways. Property sold in as in condition.

Last Agent to Sell the Property

Sandra Gomez

Home Direct Realty License #6501413460 Listed on: 02/04/2019

Last Buyer's Agent

Marilyn Newman

Century 21 Curran & Oberski License #RCO-6501285318

Century 21 Curran & Oberski

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1915

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 30.00x111.00
  • Private Entrance
  • Fenced

Home Design

  • Duplex
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 2 Full Bathrooms
  • 2,016 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Unfinished Basement

Parking

  • On-Street Parking
  • Unassigned Parking

Outdoor Features

  • Exterior Lighting
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number W20I005505S

Community Details

Overview

  • 2 Units
  • Harrahs Dix Ave Sub Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,294

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 2 Story
  • Assessment: 340
  • Year Built: 1915
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail, Laundry Facility
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 2016
  • Total Sq Ft: 2016
  • Sq Ft Total Bsmt: 987

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: Fenced, Lighting, Private Entry
  • Foundation Materials: Poured
  • Frontage Feet: 30
  • Porch Type: Porch
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • MF Parking: On Street, Unassigned/General

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 1062500.0000
  • Lot Size Area: 0.08
  • Lot Dimensions: 30.00X111.00
  • Parcel Number: W20I005505S
  • Zoning: Residential
  • Percent Homestead Exempt: Yes

Rental Info

  • Rent Includes: Water/Sewer
  • Monthly Rental Income: 400

Tax Info

  • Tax Amount Summer: 1179.0000
  • Tax Amount Winter: 115.0000
  • Total Tax: 1294.0000

Multi Family

  • Gross Scheduled Income: 4800.00
  • Number Of Units Total: 2
  • Unit Count: 2
  • Number of Two Bedroom Units: 2
  • Number Of Units Leased: 1

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2019
Closed on
Apr 30, 2019
Sold by
Montoya Estela
Bought by
Silva Gonzalez Melany I
Seller's Agent
Sandra Gomez
Home Direct Realty
Buyer's Agent
Marilyn Newman
Century 21 Curran & Oberski
List Price
$85,000
Sold Price
$88,000
Premium/Discount to List
$3,000
3.53%
Current Estimated Value
$159,232

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,232
Avg. Annual Appreciation
10.41%
Original Mortgage
$71,000
Interest Rate
4%
Mortgage Type
New Conventional
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
Silva Gonzalez Melany I $88,000 Michigan Title Ins Agcy Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Silva-Gonzalez Melany I $60,000
Closed Silva Gonzalez Melany L $69,700
Closed Silva Gonzalez Melany I $71,000
Previous Owner Montoya Estela $66,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2019 04/30/19 Sold $88,000 +3.5% $44 / Sq Ft
03/21/2019 03/21/19 For Sale $85,000 -3.4% $42 / Sq Ft
02/09/2019 02/09/19 Off Market $88,000 -- --
02/09/2019 02/09/19 Pending -- -- --
02/04/2019 02/04/19 For Sale $85,000 -- $42 / 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 $1,948 $63,900 $0 $0
2024 $1,948 $52,800 $0 $0
2023 $2,137 $41,200 $0 $0
2022 $2,313 $32,700 $0 $0
2021 $2,249 $26,900 $0 $0
2020 $2,238 $23,900 $0 $0
2019 $1,345 $18,300 $0 $0
2018 $1,179 $16,900 $0 $0
2017 $230 $16,600 $0 $0
2016 $1,299 $12,600 $0 $0
2015 $1,260 $12,600 $0 $0
2013 $1,397 $13,969 $0 $0
2010 -- $20,015 $590 $19,425
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2019

    Sandra Gomez

    Home Direct Realty

    (734) 775-6127

    14 Total Sales

    Sandra Gomez
    Section Image
  • Marilyn Newman

    Buyer's Agent in 2019

    Marilyn Newman

    Century 21 Curran & Oberski

    (313) 205-5919

    46 Total Sales

    Marilyn Newman
    Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 219010084

Realcomp

APN: 20-005505

Michigan Wayne County Detroit 48209 Springwells

2427 Springwells St, Detroit, MI

This home is located at 2427 Springwells St, Detroit, MI 48209 since 04 February 2019 and is currently estimated at $159,232, approximately $78 per square foot. This property was built in 1915. 2427 Springwells St is a home located in Wayne County with nearby schools including Harms Elementary School, Charles L. Spain Elementary-Middle School, and Edward 'Duke' Ellington Conservatory of Music and Art.

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Realcomp 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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