NOT LISTED FOR SALE

Estimated Value: $223,000 - $317,000

8 Beds
4 Baths
3,562 Sq Ft
$73/Sq Ft Est. Value

Last Sold June 10, 2021

Last sale price $240,000 $67 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,585/month

39 Days on Market

Highlights

  • Forced Air Heating System
  • Cass Technical High School Rated 10
  • 1-minute walk to Rest & Ride Park

About This Home

As of June 2021

Completely remodeled! Newer furnaces, HWT’s, plumbing and more! All units are rented. Great investment opportunity! Tenants pay their own gas and electric. Owner pays water. Tenant have occupied for over 5 years. Seller will entertain all offers!

Last Agent to Sell the Property

Marcus Edwards

Redfin Corporation License #6501309672 Listed on: 04/29/2021

Redfin Corporation

Last Buyer's Agent

Christopher Scherr

Reboot Realty LLC License #6501433316

Reboot Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1913

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 60.00x110.00

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • 4 Full Bathrooms
  • 3,562 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 4 Units
  • Herbert L Bakers Subdivision

Listing and Financial Details

  • Assessor Parcel Number W10I000988S

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$848

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Quadruplex
  • Architecture Level: 2 Story
  • Year Built: 1913
  • State Equalized Value: 16200.0000
  • Pets Allowed: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement: Yes
  • Basement Type: Common
  • Sq Ft Combined: 3562
  • Total Sq Ft: 3562
  • Sq Ft Total Bsmt: 3562

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Brick/Mortar
  • Road Frontage Type: Paved

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Schools

  • School District: Detroit

Lot Info

  • Lot Size Area: 0.15
  • Lot Dimensions: 60.00X110.00
  • Parcel Number: W10I000988S
  • Zoning: Multi-Family

Rental Info

  • Monthly Rental Income: 2250

Tax Info

  • Tax Amount Summer: 783.0000
  • Tax Amount Winter: 65.0000
  • Total Tax: 848.0000
  • Taxable Value: 6878.0000

Multi Family

  • Gross Scheduled Income: 27000.00
  • Number Of Units Total: 4
  • Unit Count: 4
  • Number of Two Bedroom Units: 4
  • Number Of Units Leased: 4

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2021
Closed on
Jun 10, 2021
Sold by
Voelpel John
Bought by
Mcconaughy Realty Trust
Seller's Agent
Marcus Edwards
Redfin Corporation
Buyer's Agent
Christopher Scherr
Reboot Realty LLC
List Price
$264,900
Sold Price
$240,000
Premium/Discount to List
-$24,900
-9.4%
Current Estimated Value
$260,752

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,752
Avg. Annual Appreciation
0.28%

Purchase Details

Closed on
Nov 10, 2014
Sold by
Treasurer Of The Charter County Of Wayne
Bought by
Voelpel John

Purchase Details

Closed on
May 3, 2007
Sold by
Mcclendon Lynette
Bought by
Deutsche Bank National Trust Co

Purchase Details

Closed on
May 11, 2006
Sold by
Mcclendon Lynette
Bought by
Deutsche Bank National Trust Co

Purchase Details

Closed on
Nov 12, 2003
Sold by
Abramovich Barnett R and Perlman Abramovich Beryl S
Bought by
Mcclendon Lynette

Purchase Details

Closed on
Jul 31, 2003
Sold by
Singer Gloyd T
Bought by
Mcclendon Lynette

Purchase Details

Closed on
Jul 29, 2003
Sold by
Abramovich Barnett R and Perlman Abromovich Beryl S
Bought by
Singer Gloyd T
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
Mcconaughy Realty Trust $240,000 Parks Title
Voelpel John $22,000 None Available
Deutsche Bank National Trust Co $83,581 None Available
Deutsche Bank National Trust Co $72,591 None Available
Mcclendon Lynette $41,000 Progressive Title
Mcclendon Lynette -- First American Title Ins Co
Singer Gloyd T -- Multiple
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2021 06/10/21 Sold $240,000 -9.4% $67 / Sq Ft
04/29/2021 04/29/21 For Sale $264,900 -- $74 / 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 $2,094 $41,900 $0 $0
2024 $2,094 $35,200 $0 $0
2023 $2,035 $27,800 $0 $0
2022 $2,181 $22,200 $0 $0
2021 $849 $18,300 $0 $0
2020 $849 $16,200 $0 $0
2019 $837 $13,900 $0 $0
2018 $848 $14,300 $0 $0
2017 $122 $14,200 $0 $0
2016 $909 $56,900 $0 $0
2015 $670 $6,700 $0 $0
2013 $928 $9,281 $0 $0
2010 -- $13,298 $670 $12,628
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2210030522

Realcomp

APN: 10-000988