NOT LISTED FOR SALE

2553 Meldrum St Detroit, MI 48207

Islandview Neighborhood

Estimated Value: $67,000 - $118,000

6 Beds
2 Baths
2,273 Sq Ft
$41/Sq Ft Est. Value

Last Sold April 06, 2023

Last sale price $60,750 $27 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $594/month

30 Days on Market

Highlights

  • Colonial Architecture
  • Forced Air Heating System
  • Walk-Up Access
  • Cass Technical High School Rated 10
  • Garage

About This Home

As of April 2023

This 2 unit rental property is the perfect opportunity to own your own investment property in Detroit! Located close to major roads, shopping, dining, and entertainment spots downtown. New windows, back porch, flooring and bathroom in 2020. Estimated rent $1,500.

Last Agent to Sell the Property

Jeff Glover

KW Professionals License #6501317808 Listed on: 03/07/2023

KW Professionals

Co-Listed By

Sean Konja

KW Professionals License #6501408625

Last Buyer's Agent

Unidentified Agent

Unidentified Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1906

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 45.00 x 137.00

Parking

  • Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 2 Full Bathrooms
  • 2,273 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Walk-Up Access

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number W15I013772S

Community Details

Overview

  • 2 Units
  • Renos Sub Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$524

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Colonial, Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Assessment: 240.00
  • Year Built: 1906
  • State Equalized Value: 36400.0000
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished, Walk-Up Access
  • Sq Ft Combined: 2273
  • Total Sq Ft: 2273
  • Sq Ft Total Bsmt: 666

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Poured
  • Frontage Feet: 45
  • Road Frontage Type: Paved

Garage/Parking

  • Garage: Yes

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

  • List Price per Acre: 427857.1400
  • Lot Size Area: 0.14
  • Lot Dimensions: 45.00 x 137.00
  • Parcel Number: W15I013772S
  • Zoning: Multi-Family

Rental Info

  • Monthly Rental Income: 816

Tax Info

  • Tax Amount Summer: 494.0000
  • Tax Amount Winter: 30.0000
  • Total Tax: 524.0000
  • Taxable Value: 3263.0000

Multi Family

  • Gross Scheduled Income: 9792.00
  • Number Of Units Total: 2
  • Number of Three 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
Mar 7, 2023
Closed on
Apr 6, 2023
Sold by
Legion Ronald Kevin
Bought by
Carnago Victor
Seller's Agent
Jeff Glover
KW Professionals
Buyer's Agent
Unidentified Agent
Unidentified Office
List Price
$59,900
Sold Price
$60,750
Premium/Discount to List
$850
1.42%
Views
9
Current Estimated Value
$92,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,917
Avg. Annual Appreciation
19.06%

Purchase Details

Closed on
Jan 16, 2023
Sold by
Legion Nicole
Bought by
Legion Ronald Kevin

Purchase Details

Closed on
Jul 10, 2012
Sold by
Rowan Ralph
Bought by
Legion Ronald Kevin
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
Carnago Victor $60,750 None Listed On Document
Carnago Victor $60,750 None Listed On Document
Legion Ronald Kevin -- --
Legion Ronald Kevin -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2023 04/06/23 Sold $60,750 +1.4% $27 / Sq Ft
04/06/2023 04/06/23 Pending -- -- --
03/07/2023 03/07/23 For Sale $59,900 -- $26 / 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 $5,720 $87,600 $0 $0
2024 $5,720 $74,600 $0 $0
2023 $604 $58,400 $0 $0
2022 $625 $36,400 $0 $0
2021 $616 $26,300 $0 $0
2020 $616 $25,700 $0 $0
2019 $511 $19,400 $0 $0
2018 $470 $15,600 $0 $0
2017 $55 $15,700 $0 $0
2016 $598 $61,900 $0 $0
2015 $300 $3,000 $0 $0
2013 $337 $3,367 $0 $0
2010 -- $4,936 $505 $4,431
Source: Public Records

Agents Affiliated with this Home

  • Jeff Glover

    Seller's Agent in 2023

    Jeff Glover

    KW Professionals

    (855) 533-3735

    5 in this area

    2,280 Total Sales

    Jeff Glover
    Section Image
  • Sean Konja

    Seller Co-Listing Agent in 2023

    Sean Konja

    KW Professionals

    (248) 762-9186

    1 in this area

    499 Total Sales

    Sean Konja
    Section Image

  • U

    Buyer's Agent in 2023

    Unidentified Agent

    Unidentified Office

See All Agents

Map

Source: Realcomp

MLS Number: 20230016077

Realcomp

APN: 15-013772

Michigan Wayne County Detroit 48207 Islandview

2553 Meldrum St, Detroit, MI

This home is located at 2553 Meldrum St, Detroit, MI 48207 since 07 March 2023 and is currently estimated at $92,667, approximately $40 per square foot. This property was built in 1906. 2553 Meldrum 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.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
Copyright 2025 Realcomp II Ltd. Shareholders
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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