NOT LISTED FOR SALE

25 Bourassa St Ecorse, MI 48229

Estimated Value: $149,000 - $166,000

4 Beds
4 Baths
4,045 Sq Ft
$39/Sq Ft Est. Value

Last Sold March 29, 2024

Last sale price $150,000 $37 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,026/month

15 Days on Market

Highlights

  • Colonial Architecture
  • Awning
  • Baseboard Heating
  • Covered patio or porch
  • Ceiling Fan
  • Laundry Facilities

About This Home

As of March 2024

Buy today and make money tomorrow in this great investment opportunity with Detroit River views! Each unit has private entrance, baseboard heating, street parking, and appliances. Unit A (2nd Floor Front) is currently vacant, refrigerator included. Unit B (1st Floor Front) - includes a ventless gas fireplace. Unit C (1st Floor Back) - has large living room with plentiful natual light. Unit D (2nd Floor Back) - tenant currently handles lawn maintenance and snow removal. New attic windows ('23) overlooking the Detroit River. The remainder of building are Wall side windows (2006), Roof 2005, updated electrical, separate meters for all units Finish the attic space and have a 5th unit to start bringing in additional income! Other recent improvements include wood trim on exterior replaced & painted, siding on attic replaced, and copper plumbing in all units. Appliances included: 4 refrigerators, 3 ovens, coin operated washer and dryer, and all window treatments. Seller to bring home to code and provide C of O prior to closing. Only showings at open house. Tenants pay their own utilities, owner pays for water, electric in common areas and gas for the hot water tanks and coin operated laundry in basement. ***FINAL AND BEST DUE 3/7/2024 by 6:00pm*********

Last Agent to Sell the Property

Linda Leporowski

Keller Williams Advantage License #6501305996 Listed on: 02/24/2024

Keller Williams Advantage

Last Buyer's Agent

Allison Fishwick

Prime + Property License #6502369004

Prime + Property

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 71.40 x 100.00
  • Fenced

Parking

  • On-Street Parking

Home Design

  • Colonial Architecture
  • Block Foundation
  • Asphalt Roof
  • Asbestos
  • Stucco

Interior Spaces

  • 4 Full Bathrooms
  • 4,045 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Awning

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space

Outdoor Features

  • Covered patio or porch
  • Exterior Lighting

Utilities

  • Back Up Electric Heat Pump System
  • Baseboard Heating
  • 100 Amp Service
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 34013020034001

Community Details

Overview

  • 4 Units
  • Raupps Sub Subdivision

Amenities

  • Laundry Facilities

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Colonial
  • Architecture Level: 3 Story
  • Year Built: 1925
  • State Equalized Value: 82300.0000
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Interior Amenities: 100 Amp Service, Cable Available, Laundry Facility, High Spd Internet Avail
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement: Yes
  • Basement Type: Unfinished, Common
  • Sq Ft Combined: 4045
  • Total Sq Ft: 4045

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: Detroit River
  • Foundation Details: Crawl, Basement, Michigan Basement
  • Construction Materials: Asbestos, Stucco, Wood
  • Exterior Features: Awning/Overhang(s), Lighting
  • Foundation Materials: Block
  • Frontage Feet: 71
  • Porch Type: Porch - Covered, Porch
  • Road Frontage Type: Paved, Pub. Sidewalk
  • Fencing: Fence Allowed

Garage/Parking

  • MF Parking: On Street

Utilities

  • Heating Fuel: Electric
  • Cooling: Ceiling Fan(s)
  • Heating: Baseboard
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: Yes

Schools

  • School District: Ecorse

Lot Info

  • Lot Size Area: 0.16
  • Lot Dimensions: 71.40 x 100.00
  • Parcel Number: 34013020034001
  • Zone Conform: Yes
  • Zoning: Multi-Family, Residential

Rental Info

  • Monthly Rental Income: 1275

Tax Info

  • Tax Amount Summer: 2062.0000
  • Tax Amount Winter: 2075.0000
  • Total Tax: 4137.0000
  • Taxable Value: 33625.0000

Multi Family

  • Gross Scheduled Income: 15300.00
  • Number Of Units Total: 4
  • Unit Count: 4
  • Number of One Bedroom Units: 4
  • Number Of Units Leased: 3

MLS Schools

  • School District: Ecorse

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2024
Closed on
Mar 28, 2024
Sold by
Merta David R and Merta Theresa
Bought by
Ezzeddine Abdulhak
Seller's Agent
Linda Leporowski
Keller Williams Advantage
Buyer's Agent
Allison Fishwick
Prime + Property
List Price
$135,000
Sold Price
$150,000
Premium/Discount to List
$15,000
11.11%
Total Days on Market
15
Views
61
Current Estimated Value
$159,152

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,152
Avg. Annual Appreciation
5.19%

Purchase Details

Closed on
May 15, 2001
Sold by
Merta David R
Bought by
Theresa

Purchase Details

Closed on
Jan 6, 1997
Sold by
Mena David R and Mena Theresa
Bought by
Merta David R and Merta Theresa
Source: Public Records

Range of Values:

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Average Value
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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
Ezzeddine Abdulhak $150,000 None Listed On Document
Theresa -- --
Merta David R -- None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2024 03/29/24 Sold $150,000 +11.1% $37 / Sq Ft
03/10/2024 03/10/24 Pending -- -- --
02/24/2024 02/24/24 For Sale $135,000 -- $33 / 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 $2,166 $95,500 $0 $0
2023 $2,062 $82,300 $0 $0
2022 $3,975 $66,500 $0 $0
2021 $4,043 $51,300 $0 $0
2019 $3,914 $37,600 $0 $0
2018 $1,846 $29,300 $0 $0
2017 $3,826 $28,700 $0 $0
2016 $3,892 $30,200 $0 $0
2013 $4,368 $59,300 $0 $0
2012 $2,256 $65,200 $5,200 $60,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20240007858

Realcomp

APN: 34-013-02-0034-001