$55,000
SOLD AUG 24, 2022
4 Beds
2 Baths
1,680 Sq Ft
3,485 Sq Ft Lot

Recently Sold

$33 Per Sq Ft

8% Below List Price

66 Days on Market

Highlights

  • Solar Water Heater
  • Bungalow
  • 1-minute walk to LaSalle-Ford Playlot
  • Cass Technical High School Rated 10
  • Heating System Uses Steam

About This Home

As of February 2025

GREAT INVESTMENT OPPORTUNITY. PERFECT TO RENT AND LIVE IN THE OTHER UNIT OR EVEN TO CONVERT BACK TO A SINGLE FAMILY IF YOU WOULD LIKE A LARGER HOME. ONE UNIT CURRENTLY TENANT OCCUPIED (LOWER). LEAD BASED CLEARANCE HAS BEEN OBTAINED.

Last Agent to Sell the Property

Michelle Swain

Michelle Renee Swain License #6501319311 Listed on: 05/02/2022

Last Buyer's Agent

Kingsley Ifezue

Itech Realty License #RCO-6502412737

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1925

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 35.00x100.00

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 2 Full Bathrooms
  • 1,680 Sq Ft Home
  • 1.5-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Eco-Friendly Details

  • Solar Water Heater

Utilities

  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Separate Meters
  • Natural Gas Water Heater
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number W10I004473S
  • $2,000 Seller Concession

Community Details

Overview

  • 2 Units
  • Robert Oakmans Twelfth St Subdivision

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$782

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Year Built: 1925
  • State Equalized Value: 12200.0000
  • Pets Allowed: Call
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished, Common
  • Sq Ft Combined: 1680
  • Total Sq Ft: 1680
  • Sq Ft Total Bsmt: 960

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Poured
  • Frontage Feet: 35
  • Road Frontage Type: Paved

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Separate Meters, Steam
  • Sewer: Sewer at Street
  • Water Heater Fuel: Natural Gas, Solar
  • Water Source: Water at Street

Schools

  • School District: Detroit

Lot Info

  • Lot Size Area: 0.08
  • Lot Dimensions: 35.00X100.00
  • Parcel Number: W10I004473S
  • Zone Conform: Yes
  • Zoning: Residential

Rental Info

  • Deposit Amount: 30000.00
  • Rent Includes: Electric, Water/Sewer, Water
  • Monthly Rental Income: 1799

Tax Info

  • Tax Amount Summer: 723.0000
  • Tax Amount Winter: 59.0000
  • Total Tax: 782.0000
  • Taxable Value: 6210.0000

Multi Family

  • Gross Scheduled Income: 21588.00
  • 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 28, 2025
Closed on
Mar 25, 2025
Sold by
Barlow Dustin
Bought by
2440 Ford Llc
Seller's Agent
Damian Hickman
EXP Realty Main
List Price
$65,000
Sold Price
$65,000
Current Estimated Value
$67,170

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,170
Avg. Annual Appreciation
8.34%

Purchase Details

Listed on
Feb 28, 2025
Closed on
Feb 25, 2025
Sold by
Smith Donovan
Bought by
Barlow Dustin
Seller's Agent
Damian Hickman
EXP Realty Main
List Price
$65,000
Sold Price
$65,000

Purchase Details

Listed on
Jun 28, 2023
Closed on
Sep 7, 2023
Sold by
Williams And Lambert Holdings Llc
Bought by
2 Notes Properties Limited Partnership
Seller's Agent
Arturo Crosby
Gorman Real Estate Collective LLC
Buyer's Agent
Arturo Crosby
Gorman Real Estate Collective LLC
List Price
$69,000
Sold Price
$69,000
Views
79

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-9.13%

Purchase Details

Listed on
Aug 18, 2022
Closed on
Aug 24, 2022
Sold by
Reliable Management Services Llc
Bought by
Williams And Lambert Holdings Llc
Seller's Agent
Kingsley Ifezue
Detroit Metro Realty
Buyer's Agent
Kingsley Ifezue
Itech Realty
Sold Price
$850
Views
6

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.11%
Original Mortgage
$54,600
Interest Rate
8.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 22, 2007
Sold by
Tinsley Sarah
Bought by
Reliable Management Services Llc
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed $65,000 None Listed On Document
Warranty Deed $60,000 None Listed On Document
Warranty Deed $69,000 Fidelity National Title
Warranty Deed $69,000 Fidelity National Title
Warranty Deed $55,000 Hayward Title Group
Warranty Deed $55,000 Hayward Title Group
Quit Claim Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $54,600 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2025 02/28/25 Sold $65,000 0.0% $39 / Sq Ft
02/28/2025 02/28/25 For Sale $65,000 +8.3% $39 / Sq Ft
02/26/2025 02/26/25 Sold $60,000 -7.7% $36 / Sq Ft
02/26/2025 02/26/25 Pending -- -- --
02/26/2025 02/26/25 Price Changed $65,000 0.0% $39 / Sq Ft
02/26/2025 02/26/25 For Sale $65,000 -18.8% $39 / Sq Ft
02/07/2025 02/07/25 Price Changed $80,000 +23.1% $48 / Sq Ft
02/05/2025 02/05/25 Pending -- -- --
02/05/2025 02/05/25 For Sale $65,000 -5.8% $39 / Sq Ft
09/11/2023 09/11/23 Sold $69,000 0.0% $41 / Sq Ft
08/06/2023 08/06/23 Pending -- -- --
07/12/2023 07/12/23 For Sale $69,000 0.0% $41 / Sq Ft
07/08/2023 07/08/23 Pending -- -- --
06/28/2023 06/28/23 For Sale $69,000 0.0% $41 / Sq Ft
09/01/2022 09/01/22 Rented $850 0.0% --
08/24/2022 08/24/22 Sold $55,000 0.0% $33 / Sq Ft
08/18/2022 08/18/22 For Rent $1,000 0.0% --
07/08/2022 07/08/22 Pending -- -- --
06/11/2022 06/11/22 Price Changed $55,000 -8.3% $33 / Sq Ft
05/23/2022 05/23/22 For Sale $60,000 0.0% $36 / Sq Ft
05/13/2022 05/13/22 Pending -- -- --
05/02/2022 05/02/22 For Sale $60,000 -- $36 / 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
2024 $1,832 $21,000 $0 $0
2023 $1,541 $16,900 $0 $0
2022 $801 $15,300 $0 $0
2021 $782 $12,200 $0 $0
2020 $782 $13,800 $0 $0
2019 $772 $12,800 $0 $0
2018 $792 $10,400 $0 $0
2017 $109 $9,700 $0 $0
2016 $847 $30,300 $0 $0
2015 $600 $6,000 $0 $0
2013 $834 $8,337 $0 $0
2010 -- $11,945 $727 $11,218
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2220032148

Realcomp

APN: 10-004473