$70,000
SOLD OCT 24, 2018
4 Beds
2 Baths
1,888 Sq Ft
3,049 Sq Ft Lot

Recently Sold

$37 Per Sq Ft

483% Above List Price

88 Days on Market

Highlights

  • Covered Patio or Porch
  • Balcony
  • Forced Air Heating and Cooling System
  • Cass Technical High School Rated 10
  • Security System Owned
  • Private Entrance

About This Home

As of June 2021

This Multi-Family home would be excellent for investors or first time Home Buyers looking to supplement their income. Live in one unit and lease out the other unit. This property also include the vacant lot at 2552 Townsend, 30x100. Listing Broker processing fee from buyer in the amount of 500.00 is due at closing. "AS IS Sale." 1,000.00 EMD in certified funds is due within 24 hours of acceptance. NO EXCEPTION!! payable to WARDS REAL ESTATE, No exceptions. Buyer is responsible for inspections, repairs, acr, and certifications if required. Taxes, assessments, water, and liens, if any, will be paid by Seller up to the day of closing. Bring all offers. Seller is motivated. lower unit is available for showing, upper unit will be available for viewing after Sept. 16, 2016

Last Agent to Sell the Property

Jacqueline Ward

Jack's Real Estate License #6504260605 Listed on: 09/06/2016

Last Buyer's Agent

Non Participant

Non Realcomp Office License #RCO

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1913

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 30.00x100.00
  • Private Entrance
  • Fenced

Parking

  • On-Street Parking

Home Design

  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2 Full Bathrooms
  • 1,888 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Interior Basement Entry
  • Security System Owned

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Natural Gas Water Heater
  • Sewer in Street
  • High Speed Internet

Community Details

  • 2 Units
  • Boulevard Park Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number W17I011910S

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$680

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Assessment: 340
  • Year Built: 1913
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: High Spd Internet Avail, Security Alarm (owned)
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Interior Entry (Interior Access), Private, Unfinished
  • Sq Ft Combined: 1888
  • Total Sq Ft: 1888
  • Sq Ft Total Bsmt: 944

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Vinyl, Wood
  • Exterior Features: Fenced, Private Entry
  • Foundation Materials: Block
  • Porch Type: Balcony, Porch, Porch - Covered
  • Road Frontage Type: Paved

Garage/Parking

  • MF Parking: On Street

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air, Separate Meters
  • Sewer: Sewer at Street
  • Water Heater Fuel: Natural Gas
  • Water Source: Water at Street
  • Laundry Facilities: No

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 171428.5714
  • Lot Size Area: 0.07
  • Lot Dimensions: 30.00X100.00
  • Parcel Number: W17I011910S
  • Zone Conform: Yes
  • Zoning: Residential
  • Percent Homestead Exempt: Yes

Rental Info

  • Rent Includes: Trash Collection (Garbage Pickup)
  • Monthly Rental Income: 1000

Tax Info

  • Tax Amount Summer: 638.0000
  • Tax Amount Winter: 42.0000
  • Total Tax: 680.0000

Multi Family

  • Gross Scheduled Income: 12000.00
  • Number Of Units Total: 2
  • Number of Two Bedroom Units: 2

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2020
Closed on
Jun 11, 2021
Sold by
Metroit Detroit Living Llc
Bought by
Porto Holdings Llc
Seller's Agent
Vincent Mazzola
O'Connor Realty Detroit, LLC
Buyer's Agent
Cooper Przekop
Douglas Rose Realty
List Price
$135,000
Sold Price
$115,000
Premium/Discount to List
-$20,000
-14.81%
Current Estimated Value
$194,219

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,219
Avg. Annual Appreciation
13.43%
Original Mortgage
$168,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Listed on
Sep 6, 2016
Closed on
Oct 1, 2018
Sold by
Torian Edith E
Bought by
Pitters Michael Dennis
Seller's Agent
Jacqueline Ward
Jack's Real Estate
Buyer's Agent
Non Participant
Non Realcomp Office
List Price
$12,000
Sold Price
$70,000
Premium/Discount to List
$58,000
483.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.52%
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $115,000 Ms Title Agency Llc
Quit Claim Deed -- Msc Title Agency Llc
Warranty Deed $70,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $168,000 Commercial
Closed $0 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2021 06/22/21 Sold $115,000 -14.8% $61 / Sq Ft
04/12/2021 04/12/21 Pending -- -- --
02/24/2021 02/24/21 For Sale $135,000 0.0% $71 / Sq Ft
02/17/2021 02/17/21 Pending -- -- --
08/03/2020 08/03/20 Price Changed $135,000 -10.0% $71 / Sq Ft
07/20/2020 07/20/20 For Sale $150,000 +114.3% $79 / Sq Ft
10/24/2018 10/24/18 Sold $70,000 +483.3% $37 / Sq Ft
12/03/2016 12/03/16 Pending -- -- --
09/06/2016 09/06/16 For Sale $12,000 -- $6 / 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 $1,279 $62,000 $0 $0
2024 $1,279 $52,600 $0 $0
2023 $1,487 $41,000 $0 $0
2022 $1,581 $24,600 $0 $0
2021 $1,540 $17,600 $0 $0
2020 $1,539 $17,500 $0 $0
2019 $1,396 $13,300 $0 $0
2018 $627 $13,200 $0 $0
2017 $78 $13,600 $0 $0
2016 $667 $4,300 $0 $0
2015 $430 $4,300 $0 $0
2013 $498 $4,978 $0 $0
2010 -- $7,299 $345 $6,954
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 216088467

Realcomp

APN: 17-011910