NOT LISTED FOR SALE

2626 Holmes St HamtraMcK, MI 48212

Estimated Value: $221,000 - $235,904

4 Beds
2 Baths
1,800 Sq Ft
$126/Sq Ft Est. Value

Last Sold July 02, 2019

Last sale price $120,000 $67 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $1,393/month

26 Days on Market

About This Home

As of July 2019

This is a great opportunity to own this two unit dwelling located in a good neighborhood, live in one and rent another. This big 2 family house features 2 bed each floor, 2 bath, living, dining, kitchen and full basement with many updates and custom features. You just ought to take a look and you will see all the features. It's conveniently located near shopping and schools. Hurry, it won't last.

Last Agent to Sell the Property

Nazmul Islam

Home Source Realty LLC License #6502412661 Listed on: 04/22/2019

Last Buyer's Agent

Nazmul Islam

Home Source Realty LLC License #6502412661 Listed on: 04/22/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,226

Year Built

  • Built in 1940

Lot Details

  • Lot Dimensions are 30x100

Home Design

  • Block Foundation
  • Vinyl Construction Material

Interior Spaces

  • 2 Full Bathrooms
  • 1,800 Sq Ft Home
  • 2-Story Property
  • Partially Finished Basement

Utilities

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

Community Details

  • 2 Units
  • O Connor Subdivision

Listing and Financial Details

  • Assessor Parcel Number 41007150070000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,226

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Partially Finished
  • Sq Ft Combined: 2200
  • Sq Ft Lower Floor: 400
  • Total Sq Ft: 1800
  • Sq Ft Total Bsmt: 800

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Foundation Materials: Block
  • Frontage Feet: 35
  • Road Frontage Type: Pub. Sidewalk

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Sewer at Street
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Schools

  • School District: Hamtramck

Lot Info

  • Lot Dimensions: 30X100
  • Parcel Number: 41007150070000
  • Zoning: Multi-Family
  • Percent Homestead Exempt: Yes

Rental Info

  • Monthly Rental Income: 1200

Tax Info

  • Tax Amount Summer: 1226.0000
  • Total Tax: 1226.0000

Multi Family

  • Gross Scheduled Income: 14400.00
  • Number Of Units Total: 2
  • Number of Two Bedroom Units: 2
  • Number Of Units Leased: 2

MLS Schools

  • School District: Hamtramck

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2019
Closed on
Jul 2, 2019
Sold by
Bina Investments Llc
Bought by
Paul Arun
Seller's Agent
Nazmul Islam
Home Source Realty LLC
Buyer's Agent
Nazmul Islam
Home Source Realty LLC
List Price
$134,900
Sold Price
$120,000
Premium/Discount to List
-$14,900
-11.05%
Current Estimated Value
$226,726

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,726
Avg. Annual Appreciation
10.07%
Original Mortgage
$102,000
Outstanding Balance
$90,620
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$127,899

Purchase Details

Closed on
Apr 18, 2019
Sold by
Elkasovic Haris and Elkasovic Mihriba
Bought by
Bina Investments Llc
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
Paul Arun $120,000 None Available
Bina Investments Llc $93,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paul Arun $102,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2019 07/02/19 Sold $120,000 -11.0% $67 / Sq Ft
05/18/2019 05/18/19 Pending -- -- --
04/22/2019 04/22/19 For Sale $134,900 -- $75 / 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 $2,297 $103,000 $0 $0
2024 $2,297 $88,100 $0 $0
2023 $2,658 $79,900 $0 $0
2022 $2,275 $66,000 $0 $0
2021 $2,576 $52,000 $0 $0
2020 $2,557 $44,700 $0 $0
2019 $1,543 $36,400 $0 $0
2018 $1,226 $27,200 $0 $0
2017 $552 $25,300 $0 $0
2016 $1,461 $22,400 $0 $0
2015 $2,180 $21,800 $0 $0
2013 $2,170 $21,700 $0 $0
2012 $1,400 $24,200 $2,700 $21,500
Source: Public Records

Agents Affiliated with this Home

  • Nazmul Islam

    Seller's Agent in 2019

    Nazmul Islam

    Home Source Realty LLC

    (313) 384-5731

    44 in this area

    118 Total Sales

    Nazmul Islam
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Map

Source: Realcomp

MLS Number: 219035780

Realcomp

APN: 41-007-15-0070-000

Michigan Wayne County Hamtramck 48212

2626 Holmes St, Hamtramck, MI

This home is located at 2626 Holmes St, HamtraMcK, MI 48212 since 22 April 2019 and is currently estimated at $226,726, approximately $125 per square foot. This property was built in 1940. 2626 Holmes St is a home located in Wayne County with nearby schools including Dickinson West Elementary School, Kosciuszko Middle School, and Hamtramck High School.

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
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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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