NOT LISTED FOR SALE

2497 W Grand St Detroit, MI 48238

Oakman Boulevard Community Neighborhood

Estimated Value: $38,979 - $88,000

4 Beds
2 Baths
2,442 Sq Ft
$30/Sq Ft Est. Value

Last Sold September 19, 2016

Last sale price $10,500 $4 Per Sq Ft

Est. 583% increase in value since last sale

Current estimated payment $479/month

370 Days on Market

Highlights

  • Porch
  • Forced Air Heating System
  • Fenced
  • Cass Technical High School Rated 10
  • Garage
  • 4-minute walk to LaSalle-Ford Playlot

About This Home

As of September 2016

GREAT INVESTMENT OPPORTUNITY ON THIS SPACIOUS BRICK 2-UNIT MULTIFAMILY. NEWER WINDOWS, FURNACE AND ROOF. UNITS ARE RENTED AND RENTERS WILL STAY. EACH UNIT HAS 2 BEDROOMS, 1 BATH, LIVING ROOM, DINING ROOM AND KITCHEN. RENT BOTH UNITS FOR INVESTMENT INCOME. LIVE IN ONE UNIT AND RENT THE OTHER UNIT FOR INVESTMENT INCOME OR MAKE THE OTHER UNIT A KIDS SUITE OR IN-LAW SUITE. NEEDS SOME TLC. ALL OFFERS MUST BE PRESENTED WITH PROOF OF FUNDS THAT ARE WITHIN 30 DAYS. 24 HOUR NOTICE TO SHOW. THE BUYER SHALL PAY LISTING BROKER A $595.00 COMPLIANCE FEE AND A $995.00 SHORT SALE PROCESSING FEE AT CLOSE. SUBJECT TO THIRD PARTY SHORT SALE LENDER APPROVAL. OWNER IS LICENSED REAL ESTATE SALES PERSON. IDRBNG/BATVAI.

Last Agent to Sell the Property

Antoine Vance

Community Choice Realty Associates, LLC License #6501274312 Listed on: 07/16/2015

Last Buyer's Agent

Tina Hamilton

Community Choice Realty Associates, LLC License #6501344019

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1924

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 35x119
  • Fenced

Parking

  • Garage

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 2 Full Bathrooms
  • 2,442 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Outdoor Features

  • Exterior Lighting
  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Sewer in Street
  • Cable TV Available

Community Details

  • 2 Units
  • Robert Oakmans Twelfth St Subdivision

Listing and Financial Details

  • Assessor Parcel Number W10I004306S

Property Details

Home Type

Multi-Family

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Year Built: 1924
  • Special Features: 12
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 2443
  • Sq Ft Lower Floor: 1
  • Total Sq Ft: 2442
  • Sq Ft Total Bsmt: 977

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: Fenced, Lighting
  • Foundation Materials: Poured
  • Frontage Feet: 35
  • Porch Type: Porch
  • Road Frontage Type: Paved
  • Sideof Street: S

Garage/Parking

  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Sewer at Street
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal), Water at Street
  • Laundry Facilities: No

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 105000.0000
  • Lot Size Area: 0.10
  • Lot Dimensions: 35x119
  • Parcel Number: W10I004306S
  • Soil Type: UNKNOWN
  • Zoning: Multi-Family

Tax Info

  • Tax Amount Summer: 1487.0000
  • Tax Amount Winter: 139.0000
  • Total Tax: 1626.0000

Multi Family

  • Number Of Units Total: 2
  • Number of Two Bedroom Units: 2
  • Number Of Units Leased: 2

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 7, 2020
Sold by
Holst William
Bought by
Holst Randy
Current Estimated Value
$71,728

Purchase Details

Closed on
Dec 21, 2019
Sold by
Holst Randy and Holst William
Bought by
Glaspie Reginald

Purchase Details

Listed on
Jul 16, 2015
Closed on
Sep 19, 2016
Sold by
Morris Ladawn
Bought by
Holst Randy
Seller's Agent
Antoine Vance
Community Choice Realty Associates, LLC
Buyer's Agent
Tina Hamilton
Community Choice Realty Associates, LLC
List Price
$10,500
Sold Price
$10,500

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%

Purchase Details

Closed on
Mar 17, 2009
Sold by
Morris Ladawn
Bought by
Infinite Potential Group Inc

Purchase Details

Closed on
Oct 26, 2004
Sold by
Smith Theresa
Bought by
Morris Ladawn
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
Holst Randy -- None Available
Glaspie Reginald $7,000 First American Title Ins Co
Holst Randy $10,500 Title Connect Llc
Morris Ladawn -- Title Connect Llc
Infinite Potential Group Inc -- None Available
Morris Ladawn $30,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Morris Ladawn $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2016 09/19/16 Sold $10,500 0.0% $4 / Sq Ft
07/20/2016 07/20/16 Pending -- -- --
07/16/2015 07/16/15 For Sale $10,500 -- $4 / 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 $1,034 $31,400 $0 $0
2024 $1,034 $26,400 $0 $0
2023 $1,509 $21,200 $0 $0
2022 $1,604 $17,100 $0 $0
2021 $1,562 $14,000 $0 $0
2020 $1,938 $15,800 $0 $0
2019 $1,524 $14,800 $0 $0
2018 $1,346 $13,700 $0 $0
2017 $243 $12,800 $0 $0
2016 $1,505 $39,700 $0 $0
2015 $1,380 $13,800 $0 $0
2013 $1,444 $19,195 $0 $0
2010 -- $21,322 $779 $20,543
Source: Public Records

Agents Affiliated with this Home

  • Antoine Vance

    Seller's Agent in 2016

    Antoine Vance

    Community Choice Realty Associates, LLC

    (586) 854-3695

    2 in this area

    44 Total Sales

    Section Image
  • Tina Hamilton

    Buyer's Agent in 2016

    Tina Hamilton

    Community Choice Realty Associates, LLC

    (313) 399-4893

    18 Total Sales

    Section Image
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Map

Source: Realcomp

MLS Number: 215075048

Realcomp

APN: 10-004306

Michigan Wayne County Detroit 48238 Oakman Boulevard Community

2497 W Grand St, Detroit, MI

This home is located at 2497 W Grand St, Detroit, MI 48238 since 16 July 2015 and is currently estimated at $73,245, approximately $29 per square foot. This property was built in 1924. 2497 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.

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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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