NOT LISTED FOR SALE

2532 Field St Detroit, MI 48214

Islandview Neighborhood

Estimated Value: $160,000 - $396,000

4 Beds
2 Baths
2,944 Sq Ft
$93/Sq Ft Est. Value

Last Sold September 07, 2016

Last sale price $175,000 $59 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $1,667/month

104 Days on Market

Highlights

  • Balcony
  • Porch
  • Laundry Facilities
  • Cass Technical High School Rated 10
  • Garage

About This Home

As of September 2016

Spectacular two-family home in the Islandview neighborhood located within The Villages. Each unit features two bedrooms plus a den and one bathroom. The units has all of the character and charm expected of the era. Great income property opportunity or live in one unit and rent the other. Please provide 48 hours notice to show. Each unit has a one year lease.

Last Agent to Sell the Property

Austin Black

@properties Christie's Int'l R.E. Detroit License #6501336434 Listed on: 07/13/2015

@properties Christie's Int'l R.E. Detroit

Last Buyer's Agent

Garnett Davis

RE/MAX Classic License #RCO-6501385723

RE/MAX Classic

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1914

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 80.00x144.19

Home Design

  • Duplex
  • Brick Exterior Construction
  • Brick Foundation
  • Asphalt Roof

Interior Spaces

  • 2 Full Bathrooms
  • 2,944 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Parking

  • Garage
  • On-Street Parking

Outdoor Features

  • Balcony
  • Porch

Utilities

  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number W17I013591C2

Community Details

Overview

  • 2 Units
  • Boulevard Park Sub Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$445

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 2 Story
  • Year Built: 1914
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Laundry Facility
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Common
  • Sq Ft Combined: 2944
  • Total Sq Ft: 2944
  • Sq Ft Total Bsmt: 1700

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Brick/Mortar
  • Frontage Feet: 80
  • Porch Type: Balcony, Porch
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • Garage: Yes
  • MF Parking: On Street

Utilities

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

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 703333.3333
  • Lot Size Area: 0.27
  • Lot Dimensions: 80.00X144.19
  • Parcel Number: W17I013591C2
  • Zoning: Residential
  • Percent Homestead Exempt: Yes

Rental Info

  • Rent Includes: Electric, Trash Collection (Garbage Pickup), Heat, Snow Removal, Water/Sewer, Yard Maintenance
  • Monthly Rental Income: 2350

Tax Info

  • Tax Amount Summer: 432.0000
  • Tax Amount Winter: 13.0000
  • Total Tax: 445.0000

Multi Family

  • Gross Scheduled Income: 28200.00
  • 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

Listed on
Jul 13, 2015
Closed on
Sep 7, 2016
Sold by
Criteser Eric C and Haines Anita
Bought by
Paradela Nicole
Seller's Agent
Austin Black
@properties Christie's Int'l R.E. Detroit
Buyer's Agent
Garnett Davis
RE/MAX Classic
List Price
$189,900
Sold Price
$175,000
Premium/Discount to List
-$14,900
-7.85%
Current Estimated Value
$274,027

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,027
Avg. Annual Appreciation
5.90%
Original Mortgage
$171,830
Outstanding Balance
$140,935
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$151,311

Purchase Details

Closed on
Sep 24, 2004
Sold by
C H A M P Restoration Inc
Bought by
Criteser Eric C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,680
Interest Rate
5.93%
Mortgage Type
FHA
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
Paradela Nicole $175,000 First American Title
Criteser Eric C $104,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paradela Francis Benjamin $90,900
Open Paradela Nicole $171,830
Previous Owner Criteser Eric C $103,680
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/07/2016 09/07/16 Sold $175,000 -7.8% $59 / Sq Ft
10/25/2015 10/25/15 Pending -- -- --
07/13/2015 07/13/15 For Sale $189,900 -- $65 / 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 $2,089 $101,400 $0 $0
2024 $2,089 $87,200 $0 $0
2023 $2,029 $68,800 $0 $0
2022 $1,447 $42,600 $0 $0
2021 $1,408 $31,600 $0 $0
2020 $1,401 $31,400 $0 $0
2019 $1,479 $24,800 $0 $0
2018 $1,291 $22,800 $0 $0
2017 $260 $23,300 $0 $0
2016 $1,426 $14,300 $0 $0
2015 $1,430 $14,300 $0 $0
2013 $1,677 $16,768 $0 $0
2010 -- $24,585 $1,138 $23,447
Source: Public Records

Agents Affiliated with this Home

  • Austin Black

    Seller's Agent in 2016

    Austin Black

    @properties Christie's Int'l R.E. Detroit

    (313) 550-2307

    3 in this area

    123 Total Sales

    Section Image

  • G

    Buyer's Agent in 2016

    Garnett Davis

    RE/MAX of Southeast Michigan

    (248) 403-3289

    15 Total Sales

    Section Image
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Map

Source: Realcomp

MLS Number: 215073059

Realcomp

APN: 17-0135912

Michigan Wayne County Detroit 48214 Islandview

2532 Field St, Detroit, MI

This home is located at 2532 Field St, Detroit, MI 48214 since 13 July 2015 and is currently estimated at $274,027, approximately $93 per square foot. This property was built in 1914. 2532 Field St is a home located in Wayne County with nearby schools including Ralph J.Bunche Preparatory Academy, Charles L. Spain Elementary-Middle School, and Edward 'Duke' Ellington Conservatory of Music and Art.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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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