Seller's Agent in 2023
Barbara Schaefer
Berkshire Hathaway HomeServices Michigan Real Est
(248) 343-0231
1 in this area
256 Total Sales
2499 Sheridan St Detroit, MI 48214
Islandview NeighborhoodEstimated Value: $172,000 - $197,000
4
Beds
2
Baths
2,100
Sq Ft
$90/Sq Ft
Est. Value
Highlights
- Covered Patio or Porch
- Forced Air Heating System
- Dogs and Cats Allowed
- Cass Technical High School Rated 10
About This Home
As of August 2023Welcome to this beautifully renovated duplex located in the desirable Boulevard Park subdivision in the heart of Detroit. This property presents an outstanding investment opportunity, offering two units, each featuring two bedrooms and one full bath.
Upon entering, you'll immediately notice the abundance of natural light that streams through the brand new windows, giving the interior a fresh and inviting atmosphere. The entire property has been tastefully adorned with new paint, providing a modern and clean look that complements any decor style.
The recent renovations extend to the roof, which has been completely replaced, ensuring the protection of this property for years to come. Additionally, both units are equipped with its own furnace allowing for efficient and customizable heating throughout the spaces. The electrical and plumbing systems have been entirely upgraded to meet modern standards, providing a worry-free living experience for future occupants.
The basement has also been meticulously improved with waterproofing measures, including the addition of two sump pumps crocs, offering peace of mind during inclement weather. Furthermore, new furnaces and water heaters, only three years old, have been installed, adding to the property's energy efficiency and reducing maintenance costs.
Location is everything, and this duplex doesn't disappoint. Conveniently situated just a mile and a half away from the iconic Bell Isle Park, residents can enjoy an array of recreational activities, green spaces, and stunning views of the Detroit River. The neighborhood boasts proximity to all the best that Detroit has to offer, from cultural attractions to dining and entertainment options.
This completely renovated duplex is a rare find, offering a perfect blend of modern amenities, strategic location, and great potential for investment. Whether you're an investor seeking a lucrative opportunity or a homeowner looking to generate rental income while residing in one of the units, this property promises an excellent return.
Last Agent to Sell the Property
Berkshire Hathaway HomeServices Michigan Real Est License #6502370653 Listed on: 07/21/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
Year Built
- Built in 1909
Lot Details
- 3,049 Sq Ft Lot
- Lot Dimensions are 30.00 x 100.00
Home Design
- Duplex
- Brick Foundation
- Asphalt Roof
Interior Spaces
- 2 Full Bathrooms
- 2,100 Sq Ft Home
- 2-Story Property
- Unfinished Basement
Outdoor Features
- Covered Patio or Porch
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Natural Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number W17I013358S
Community Details
Overview
- 2 Units
- Boulevard Park Sub Subdivision
Pet Policy
- Dogs and Cats Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 21, 2023
Closed on
Aug 10, 2023
Sold by
Detroit Restoration Inc
Bought by
Stahl Joel M and Stahl Sandra
Seller's Agent
Barbara Schaefer
Berkshire Hathaway HomeServices Michigan Real Est
Buyer's Agent
Kevin Brennan
List Price
$145,000
Sold Price
$170,000
Premium/Discount to List
$25,000
17.24%
Views
43
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,036
Avg. Annual Appreciation
10.78%
Purchase Details
Closed on
Mar 9, 2018
Sold by
The Detroit Land Bank Authority
Bought by
Detroit Restoration Inc
Purchase Details
Closed on
Jan 13, 2016
Sold by
Wayne County Treasurer
Bought by
Detroit Land Bank Authority
Purchase Details
Closed on
Jun 15, 2010
Sold by
Herring Sharon A
Bought by
Kendricks Theodore
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Stahl Joel M | $170,000 | None Listed On Document | |
| Detroit Restoration Inc | -- | Fidelity National Title Grou | |
| Detroit Land Bank Authority | -- | None Available | |
| Kendricks Theodore | -- | None Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/10/2023 08/10/23 | Sold | $170,000 | +17.2% | $81 / Sq Ft |
| 07/24/2023 07/24/23 | Pending | -- | -- | -- |
| 07/21/2023 07/21/23 | For Sale | $145,000 | -- | $69 / Sq Ft |
Source: Realcomp
Tax History Compared to Growth
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 | -- | $79,500 | $0 | $0 |
| 2024 | $5,185 | $67,500 | $0 | $0 |
| 2023 | $1,081 | $0 | $0 | $0 |
| 2022 | $1,170 | $16,500 | $0 | $0 |
| 2021 | $1,143 | $12,000 | $0 | $0 |
| 2020 | $1,142 | $11,700 | $0 | $0 |
| 2019 | $785 | $8,900 | $0 | $0 |
| 2018 | $340 | $0 | $0 | $0 |
| 2017 | $410 | $0 | $0 | $0 |
| 2016 | $340 | $4,100 | $0 | $0 |
| 2015 | $410 | $4,100 | $0 | $0 |
| 2013 | $481 | $4,806 | $0 | $0 |
| 2010 | -- | $7,045 | $345 | $6,700 |
Source: Public Records
Agents Affiliated with this Home
-
Barbara Schaefer
-
Tom Schaefer
Seller Co-Listing Agent in 2023
Tom Schaefer
Berkshire Hathaway HomeServices Michigan Real Est
(248) 625-0200
1 in this area
217 Total Sales
-
Kevin Brennan
Buyer's Agent in 2023
Kevin Brennan
(313) 414-4234
2 in this area
170 Total Sales
Map
Source: Realcomp
MLS Number: 20230058606
APN: 17-013358
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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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