NOT LISTED FOR SALE

Estimated Value: $73,684 - $179,000

-- Bed
4 Baths
3,402 Sq Ft
$33/Sq Ft Est. Value

Last Sold July 23, 2020

Last sale price $52,000 $15 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $812/month

37 Days on Market

Highlights

  • Covered patio or porch
  • Forced Air Heating System
  • High Speed Internet
  • Cass Technical High School Rated 10

About This Home

As of July 2020

ALL BRICK MULTI-FAMILY FLATS IN DETROIT. EACH UNIT HAS 5 BEDROOMS - 1 FULL BATH - 1 HALF BATH - The complex is mechanically sound with newer windows, electrical and plumbing. This home will need a new roof. This is a tremendous investor opportunity with over 3400 Square Feet of Living Space to lease. Hardwood floors throughout, bathrooms with ceramic tile, two extremely large kitchens and 2 fireplaces. Just bring a creative eye to see what this can be. NO SHOWINGS until we have a PA agreement with POF.

Last Agent to Sell the Property

Craig Ward

Real Broker LLC License #6501382487 Listed on: 06/05/2020

Last Buyer's Agent

Zachary Sleiman

Century 21 Curran & Oberski License #6501416173

Century 21 Curran & Oberski

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1922

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 40.00x128.00

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 3,402 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Parking

  • 4 Parking Spaces
  • Lighted Parking
  • Paved Parking

Outdoor Features

  • Covered patio or porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number W10I001769S

Community Details

Overview

  • 2 Units
  • Dorans La Salle Blvd Annex Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Year Built: 1922
  • State Equalized Value: 17800.0000
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail
  • Total Bathrooms: 2.20
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 3402
  • Total Sq Ft: 3402
  • Sq Ft Total Bsmt: 1701

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block
  • Frontage Feet: 30
  • Porch Type: Porch - Covered
  • Road Frontage Type: Paved

Garage/Parking

  • MF Parking: Lighted, Paved
  • Total Parking Spaces: 4

Utilities

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

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 499166.6667
  • Lot Size Area: 0.12
  • Lot Dimensions: 40.00X128.00
  • Parcel Number: W10I001769S
  • Zone Conform: Yes
  • Zoning: Multi-Family

Rental Info

  • Monthly Rental Income: 3000

Tax Info

  • Tax Amount Summer: 1476.0000
  • Tax Amount Winter: 140.0000
  • Total Tax: 1616.0000
  • Taxable Value: 14755.0000

Multi Family

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

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2020
Closed on
Jul 23, 2020
Sold by
Phares Investment
Bought by
Klein Daniel
Seller's Agent
Craig Ward
Real Broker LLC
Buyer's Agent
Zachary Sleiman
Century 21 Curran & Oberski
List Price
$59,900
Sold Price
$52,000
Premium/Discount to List
-$7,900
-13.19%
Total Days on Market
37
Current Estimated Value
$113,921

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,921
Avg. Annual Appreciation
18.27%
Source: Public Records

Similar Homes in Detroit, MI

  • 3772 Blaine St, Detroit, MI 48206

    $130,000

    • 2 Beds
    • 4 Baths
    • 1,872 Sq Ft
    • 3772 Blaine St
    • Detroit, MI

    Welcome to 3772 Blaine St in an up-and-coming suburb in Detroit MI. Featuring a 2-unit brick duplex each equipped with 2 bedrooms 1 bathrooms spacious living areas and beautiful eat in kitchens. Each unit is currently being rented out at $1000 a month plus utilities with tenants that have been in place for 4 plus years. Don't miss out on this incredible opportunity!!!

    John Panagopoulos Real Estate One Clinton

    Section Image
  • 2908 Elmwood St, Detroit, MI 48207

    $150,000

    • Studio
    • 4 Baths
    • 3,188 Sq Ft
    • 2908 Elmwood St
    • Detroit, MI

    PRIME LOCATION NEAR DOWNTOWN CENTRAL BUSINESS DISTRICT AND EASTERN MARKET. LARGE DUPLEX WITH 4 BEDROOMS AND A LOFT IN EACH UNIT. 1.5 BATHROOM IN EACH UNIT. SEPARATE UTILITIES. NEEDS RENOVATIONS AND REHAB. EXCELLENT INCOME PRODUCER OR LIVE IN ONE UNIT AND RENT OUT THE OTHER UNIT. VERY SPACIOUS THROUGHOUT.

    Quinn Martin Leboursia Realty Group

    Section Image
  • 18104 Northlawn St, Detroit, MI 48221

    $135,000

    • 2 Beds
    • 4 Baths
    • 3,056 Sq Ft
    • 18104 Northlawn St
    • Detroit, MI

    This spacious brick duplex is located in the highly sought-after Bagley neighborhood. The property includes two units: the lower unit boasts four bedrooms and one and a half bathrooms, while the upper unit features two bedrooms and one bathroom. The home is equipped with a new roof, and most of the windows have been updated. It has been fully gutted down to the studs, offering endless

    Ian Breck Clyde Realty LLC

    Section Image
  • 12012 Conner St, Detroit, MI 48205

    $120,000

    • 2 Beds
    • 4 Baths
    • 1,330 Sq Ft
    • 12012 Conner St
    • Detroit, MI

    This property includes 12012/12014 Conner both are identical 1 bedroom and 1 full baths with nice sized kitchens and living rooms. Perfect for an investor or a buyer looking to pay their mortgage by leasing the second unit. Each unit is leased for $700/month on a month to month lease. The buyer will receive keys at closing and will have the option to continue with a month to month lease or live

    William Viviano Market Elite Inc

    Section Image
  • 5066 Coplin St, Detroit, MI 48213

    $115,000

    • Studio
    • 4 Baths
    • 2,796 Sq Ft
    • 5066 Coplin St
    • Detroit, MI

    Great opportunity with this 4 unit multifamily located on Detroit's East Side in the Chandler Park neighborhood. Each unit features 1 bedroom, 1 bathroom, living room, dining room and kitchen. East Warren Avenue in Detroit is undergoing a major revitalization as part of the East Warren/Cadieux Neighborhood Plan, aimed at stabilizing housing, boosting local businesses, and improving public spaces.

    Mikhail Grigoryan Detroit Progress Realty LLC

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Klein Daniel $52,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2020 07/23/20 Sold $52,000 -13.2% $15 / Sq Ft
07/13/2020 07/13/20 Pending -- -- --
06/05/2020 06/05/20 For Sale $59,900 -- $18 / 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 $2,082 $45,200 $0 $0
2023 $2,269 $36,700 $0 $0
2022 $2,426 $30,100 $0 $0
2021 $2,357 $23,100 $0 $0
2020 $1,702 $27,700 $0 $0
2019 $1,677 $21,600 $0 $0
2018 $1,476 $17,800 $0 $0
2017 $274 $17,600 $0 $0
2016 $1,614 $41,000 $0 $0
2015 $1,428 $16,900 $0 $0
2013 $1,384 $23,513 $0 $0
2010 -- $33,689 $1,071 $32,618
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 2200040494

Realcomp

APN: 10-001769