NOT LISTED FOR SALE

Estimated Value: $60,000 - $149,966

4 Beds
2 Baths
2,204 Sq Ft
$43/Sq Ft Est. Value

Last Sold July 26, 2024

Last sale price $60,000 $27 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $696/month

29 Days on Market

Highlights

  • 2 Car Garage
  • Cass Technical High School Rated 10
  • Heating System Uses Steam

About This Home

As of July 2024

Brick 5 and 5 with large front porches, fireplaces in the living rooms, full basement, and a great central location. Easy access to Downtown Detroit!

Last Agent to Sell the Property

William Adams

Adams Realty Services License #6501158021 Listed on: 06/04/2024

Last Buyer's Agent

Terrell Johnson

Black Diamond Realty License #6501429148

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1921

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 35.00 x 117.00

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • 2 Full Bathrooms
  • 2,204 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Utilities

  • Heating System Uses Steam
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number W10I002971S

Community Details

Overview

  • 2 Units
  • Joy Farm Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 2 Story
  • Assessment: 340.00
  • Year Built: 1921
  • State Equalized Value: 25800.0000
  • Pets Allowed: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 2204
  • Total Sq Ft: 2204
  • Sq Ft Total Bsmt: 1103

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Brick/Mortar
  • Frontage Feet: 35
  • Road Frontage Type: Paved
  • Sideof Street: S

Garage/Parking

  • Garage: Yes
  • Total Parking Spaces: 2

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Steam
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Schools

  • School District: Detroit

Lot Info

  • Lot Size Area: 0.09
  • Lot Dimensions: 35.00 x 117.00
  • Parcel Number: W10I002971S
  • Zoning: Residential

Rental Info

  • Monthly Rental Income: 1200

Tax Info

  • Tax Amount Summer: 2326.0000
  • Tax Amount Winter: 243.0000
  • Total Tax: 2569.0000
  • Taxable Value: 25800.0000

Multi Family

  • Gross Scheduled Income: 1440.00
  • Number Of Units Total: 2
  • Number of Two Bedroom Units: 2

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2024
Closed on
Jul 23, 2024
Sold by
Lhome Mortgage Trust
Bought by
Wealth Wave Holdings 1St Llc
Seller's Agent
William Adams
Adams Realty Services
Buyer's Agent
Terrell Johnson
Black Diamond Realty
List Price
$54,900
Sold Price
$60,000
Premium/Discount to List
$5,100
9.29%
Views
34
Current Estimated Value
$93,742

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,742
Avg. Annual Appreciation
56.24%
Original Mortgage
$140,250
Interest Rate
6.86%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 7, 2023
Sold by
Wayne County Bank
Bought by
Lhome Mortgage Trust and Solomon

Purchase Details

Closed on
Jun 29, 2022
Sold by
R And C Estate Partners
Bought by
Solomon Kyla

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
5.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 10, 2014
Closed on
Mar 31, 2014
Sold by
Fannie Mae
Bought by
Williams Lavell
Seller's Agent
Randy Hourani
Keller Williams Legacy
Buyer's Agent
Alia Belbeisi
RE/MAX Classic
List Price
$5,500
Sold Price
$5,750
Premium/Discount to List
$250
4.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.94%

Purchase Details

Closed on
Jul 31, 2013
Sold by
Wells Fargo Bank Na
Bought by
Fannie Mae and Federal National Mortgage Association

Purchase Details

Closed on
Jul 25, 2013
Sold by
Brown Phyllistine
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Dec 18, 2003
Sold by
Burt Corliss
Bought by
Brown Phyllistine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,300
Interest Rate
5.84%
Mortgage Type
Unknown
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
Wealth Wave Holdings 1St Llc $60,000 None Listed On Document
Lhome Mortgage Trust $103,500 None Listed On Document
Solomon Kyla $135,000 None Listed On Document
R And C Estate Partners $72,500 None Listed On Document
Williams Lavell $5,750 Attorneys Title Agency Llc
Fannie Mae -- None Available
Wells Fargo Bank Na $42,427 None Available
Brown Phyllistine $67,000 Alpha Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wealth Wave Holdings 1St Llc $202,500
Closed Wealth Wave Holdings 1St Llc $140,250
Previous Owner Solomon Kyla $140,000
Previous Owner Brown Phyllistine $60,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2024 07/26/24 Sold $60,000 +9.3% $27 / Sq Ft
07/03/2024 07/03/24 Pending -- -- --
06/04/2024 06/04/24 For Sale $54,900 +854.8% $25 / Sq Ft
03/31/2014 03/31/14 Sold $5,750 +4.5% $3 / Sq Ft
03/21/2014 03/21/14 Pending -- -- --
03/10/2014 03/10/14 For Sale $5,500 -- $2 / 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 $2,141 $32,300 $0 $0
2023 $2,326 $25,800 $0 $0
2022 $1,590 $20,300 $0 $0
2021 $1,548 $16,500 $0 $0
2020 $1,548 $15,300 $0 $0
2019 $1,404 $14,400 $0 $0
2018 $1,228 $13,600 $0 $0
2017 $243 $15,600 $0 $0
2016 $1,354 $34,600 $0 $0
2015 $1,340 $13,400 $0 $0
2013 $1,866 $18,660 $0 $0
2010 -- $26,736 $920 $25,816
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20240038769

Realcomp

APN: 10-002971