NOT LISTED FOR SALE

Estimated Value: $134,000 - $202,000

6 Beds
2.5 Baths
2,900 Sq Ft
$59/Sq Ft Est. Value

Last Sold October 27, 2023

Last sale price $173,000 $60 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $1,143/month

86 Days on Market

Highlights

  • Hot Water Heating System
  • Cass Technical High School Rated 10
  • Garage

About This Home

As of October 2023

Welcome to this beautiful fully renovated Duplex located just outside the historic Boston Edison neighborhood offering a blend of historic charm and modern convenience. This property is just steps away from the award-winning Durfee Innovation Society, making it the perfect home for those looking to move into a thriving community with lots of resources. This charming brick home exudes timeless elegance and boasts exceptional curb appeal. Boasting a total of 6 large bedrooms and 2.5 bathrooms, this duplex offers plenty of space and versatility. Step inside and be greeted by the charm of sophisticated crown molding gracing the living room and dining room, adding an elegant touch to the interior. The 2nd floor unit has access to the oversized attic space which can be used for storage or finished and used as additional living quarters. Each unit has access to the basement with separate entry ways, laundry, storage area. It is perfect for a large family, an investor, or someone looking to live in one unit and rent the other out for immediate cashflow. Don't miss your chance to make this beautiful duplex your new home or investment property. Contact us today to schedule a showing!

Last Agent to Sell the Property

Demetrius Scott

KW Metro License #6501406251 Listed on: 07/21/2023

KW Metro

Last Buyer's Agent

Rebecca Taylor

Isabella County Assessor License #MISPE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $340

Year Built

  • Built in 1923 | Remodeled in 2023

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 35 x 138

Parking

  • Garage

Home Design

  • Duplex
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 2,900 Sq Ft Home
  • 2-Story Property
  • Partially Finished Basement

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 10003033.

Community Details

Overview

  • 2 Units
  • Joy Farm Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$340

Year Built

Built in 1923 | Remodeled in 2023

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 2 Story
  • Year Built: 1923
  • State Equalized Value: 15500.0000
  • Year Renovated: 2023
  • Pets Allowed: Yes
  • Special Features: NewHome
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Partially Finished
  • Sq Ft Combined: 2900
  • Total Sq Ft: 2900
  • Sq Ft Total Bsmt: 1450

Exterior Features

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

Garage/Parking

  • Garage: Yes
  • MF Parking: Garages

Utilities

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

Schools

  • School District: Detroit

Lot Info

  • Lot Size Area: 0.11
  • Lot Dimensions: 35 x 138
  • Parcel Number: 10003033.
  • Zoning: Multi-Family

Rental Info

  • Monthly Rental Income: 3000

Tax Info

  • Tax Amount Summer: 340.0000
  • Total Tax: 340.0000

Multi Family

  • Gross Scheduled Income: 36000.00
  • Number Of Units Total: 2
  • Unit Count: 2
  • Number of Three Bedroom Units: 2

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2023
Closed on
Oct 27, 2023
Sold by
Fcb Investments Llc
Bought by
Castellano Robert
Seller's Agent
Demetrius Scott
KW Metro
Buyer's Agent
Rebecca Taylor
Isabella County Assessor
List Price
$179,900
Sold Price
$173,000
Premium/Discount to List
-$6,900
-3.84%
Views
169
Current Estimated Value
$170,332

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,668
Avg. Annual Appreciation
-2.05%
Original Mortgage
$164,350
Outstanding Balance
$162,088
Interest Rate
7.31%
Mortgage Type
Construction
Estimated Equity
$4,672

Purchase Details

Listed on
Aug 18, 2022
Closed on
Nov 29, 2022
Sold by
Johnson Bernard
Bought by
Fcb Investments Llc
Seller's Agent
Rashad Elabed
JNA Real Estate
Buyer's Agent
LuQuandra Robinson
Front Page Properties
List Price
$95,000
Sold Price
$67,500
Premium/Discount to List
-$27,500
-28.95%
Views
19

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
181.30%
Original Mortgage
$113,470
Interest Rate
6.95%
Mortgage Type
Construction

Purchase Details

Listed on
Mar 12, 2019
Closed on
Apr 2, 2019
Sold by
Fannie Mae
Bought by
Johnson Bernard
Seller's Agent
Paul Endres
Star Properties Management Inc
Buyer's Agent
Rashad Elabed
Downtown Realty
List Price
$6,000
Sold Price
$15,052
Premium/Discount to List
$9,052
150.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
50.68%

Purchase Details

Closed on
Apr 5, 2018
Sold by
Murdock Jamesetta
Bought by
Fannie Mae and Fedreal National Mortggae Asociation
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
Castellano Robert $173,000 None Listed On Document
Fcb Investments Llc $67,500 --
Johnson Bernard $15,052 Best Homes Title Agency Llc
Fannie Mae $22,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Castellano Robert B $164,350
Previous Owner Fcb Investments Llc $113,470
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2023 10/27/23 Sold $173,000 -3.8% $60 / Sq Ft
10/16/2023 10/16/23 Pending -- -- --
07/21/2023 07/21/23 For Sale $179,900 +166.5% $62 / Sq Ft
11/29/2022 11/29/22 Sold $67,500 -14.6% $23 / Sq Ft
10/22/2022 10/22/22 Pending -- -- --
10/06/2022 10/06/22 Price Changed $79,000 -5.4% $27 / Sq Ft
10/02/2022 10/02/22 Price Changed $83,500 -0.6% $29 / Sq Ft
09/30/2022 09/30/22 Price Changed $84,000 -1.2% $29 / Sq Ft
09/16/2022 09/16/22 Price Changed $85,000 -10.5% $29 / Sq Ft
08/18/2022 08/18/22 For Sale $95,000 +531.1% $33 / Sq Ft
04/04/2019 04/04/19 Sold $15,052 +150.9% $5 / Sq Ft
03/16/2019 03/16/19 Pending -- -- --
03/12/2019 03/12/19 For Sale $6,000 -- $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 $2,423 $31,500 $0 $0
2023 $170 $0 $0 $0
2022 $340 $0 $0 $0
2021 $1,717 $15,500 $0 $0
2020 $1,729 $15,700 $0 $0
2019 $1,659 $14,900 $0 $0
2018 $1,214 $14,000 $0 $0
2017 $239 $16,000 $0 $0
2016 $1,338 $35,200 $0 $0
2015 $1,246 $15,800 $0 $0
2013 $1,207 $17,564 $0 $0
2010 -- $25,166 $972 $24,194
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20230059407

Realcomp

APN: 10-003033