NOT LISTED FOR SALE

Estimated Value: $148,000 - $189,605

4 Beds
2 Baths
2,200 Sq Ft
$76/Sq Ft Est. Value

Last Sold December 28, 2018

Last sale price $93,999 $43 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $1,181/month

57 Days on Market

About This Home

As of December 2018

Turn Key investment opportunity in up and coming neighborhood! All brick 2/1 upper and lower with many updates. New roof and windows! Tenant occupied at $1,075 per month, please do not disturb. Land capture opportunity with multiple adjacent lots to the south owned by Detroit Land Bank. On a great block in Jefferson Chalmers with community gardens on both sides of the street. Blocks from A.B. Ford Park, Detroit Riverfront, Grosse Pointe amenities.

Last Agent to Sell the Property

Ben Ness

Clyde Realty LLC License #6501394137 Listed on: 10/18/2018

Co-Listed By

Alex Lauer

Clyde Realty LLC License #6501387117

Last Buyer's Agent

Matthew Bush

RE/MAX First License #6506048023

RE/MAX First

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1925

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 45.00x121.76

Home Design

  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • 2 Full Bathrooms
  • 2,200 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Sewer in Street

Community Details

  • 2 Units
  • Burton & Freuds Riverside Blvd Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number W21I061834S

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$970

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 2200
  • Total Sq Ft: 2200
  • Sq Ft Total Bsmt: 800

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: Sewer at Street
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 750000.0000
  • Lot Size Area: 0.13
  • Lot Dimensions: 45.00X121.76
  • Parcel Number: W21I061834S
  • Zoning: Residential

Rental Info

  • Monthly Rental Income: 1000

Tax Info

  • Tax Amount Summer: 902.0000
  • Tax Amount Winter: 68.0000
  • Total Tax: 970.0000

Multi Family

  • Gross Scheduled Income: 12000.00
  • 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

Closed on
Oct 30, 2023
Sold by
Connelly Property Holdings Llc
Bought by
Wheeler Esha D and Wheeler Gale
Current Estimated Value
$166,651

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,374
Outstanding Balance
$23,923
Interest Rate
7.19%
Estimated Equity
$142,728

Purchase Details

Listed on
Oct 18, 2018
Closed on
Dec 28, 2018
Sold by
Zitadelle Properties Inc
Bought by
Connelly Property Holdings Llc
Seller's Agent
Ben Ness
Clyde Realty LLC
Buyer's Agent
Matthew Bush
RE/MAX First
List Price
$99,900
Sold Price
$93,999
Premium/Discount to List
-$5,901
-5.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.89%
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
Wheeler Esha D $170,000 Visionary Title Agency
Wheeler Esha D $170,000 Visionary Title Agency
Connelly Property Holdings Llc $93,999 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wheeler Esha D $24,374
Closed Wheeler Esha D $24,374
Open Wheeler Esha D $157,712
Closed Wheeler Esha D $157,712
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2018 12/28/18 Sold $93,999 -3.6% $43 / Sq Ft
12/14/2018 12/14/18 Pending -- -- --
11/26/2018 11/26/18 Price Changed $97,500 -2.4% $44 / Sq Ft
10/18/2018 10/18/18 For Sale $99,900 -- $45 / 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 $3,514 $84,700 $0 $0
2024 $3,514 $58,300 $0 $0
2023 $1,738 $44,100 $0 $0
2022 $1,851 $32,100 $0 $0
2021 $1,801 $25,500 $0 $0
2020 $1,801 $21,900 $0 $0
2019 $1,774 $16,200 $0 $0
2018 $905 $15,900 $0 $0
2017 $136 $16,200 $0 $0
2016 $973 $7,100 $0 $0
2015 $710 $7,100 $0 $0
2013 $745 $7,446 $0 $0
2010 -- $10,918 $676 $10,242
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 218102056

Realcomp

APN: 21-061834