NOT LISTED FOR SALE

264 Mount Vernon St Detroit, MI 48202

North End Neighborhood

Estimated Value: $177,000 - $369,000

4 Beds
4 Baths
2,214 Sq Ft
$121/Sq Ft Est. Value

Last Sold April 12, 2024

Last sale price $415,000 $187 Per Sq Ft

Est. 36% decrease in value since last sale

Current estimated payment $1,557/month

36 Days on Market

Highlights

  • Terrace
  • Porch
  • Private Entrance
  • Cass Technical High School Rated 10
  • Forced Air Heating System
  • Dogs and Cats Allowed

About This Home

As of April 2024

The owner heard your plea to finish both units and he came through. You've been wanting an Airbnb... well here it is. This COMPLETED 2 Family in the North End is ready for you. This property is a perfect owner occupied investment or suitable for a long-term investment. Both units offer 2 beds, 2 full baths and have been completely remodeled. All new everything with high-end finishes. The open-concept is great for entertaining. INCLUDES the vacant lot valued at $30,000. Upgrades include new new roof, siding, gutters, fencing, porches, decking and exterior lighting. Also new plumbing and electrical. Great location just minutes from downtown and major roadways. Close to local shopping, popular parks, award winning restaurants, museums, and more.

Last Agent to Sell the Property

Jamila Jackson

Hawkins Realty Group, Inc License #6501310976 Listed on: 02/22/2024

Last Buyer's Agent

Myia Covington

Keller Williams Realty-Great Lakes License #6501425475

Keller Williams Realty-Great Lakes

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,375

Year Built

  • Built in 1915 | Remodeled in 2023

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 60 x 110
  • Private Entrance

Home Design

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

Interior Spaces

  • 4 Full Bathrooms
  • 2,214 Sq Ft Home
  • 2-Story Property
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Parking

  • 10 Parking Spaces
  • Lighted Parking

Outdoor Features

  • Terrace
  • Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 01002369.
  • $5,000 Seller Concession

Community Details

Overview

  • 2 Units
  • Kochs Sub Subdivision

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,375

Year Built

Built in 1915 | Remodeled in 2023

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 2 Story
  • Year Built: 1915
  • State Equalized Value: 59900.0000
  • Year Renovated: 2023
  • Pets Allowed: Cats OK, Dogs OK
  • Special Features: NewHome
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement: Yes
  • Basement Type: Partially Finished, Common, Private
  • Sq Ft Combined: 2214
  • Total Sq Ft: 2214
  • Sq Ft Total Bsmt: 1162

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: Private Entry
  • Foundation Materials: Brick/Mortar
  • Frontage Feet: 60
  • Porch Type: Porch, Terrace
  • Road Frontage Type: Paved
  • Sideof Street: S

Garage/Parking

  • MF Parking: Lighted
  • Total Parking Spaces: 10

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary), Sewer at Street
  • Water Source: Public (Municipal), Water at Street

Fee Information

  • Operating Expense: 3500.00

Schools

  • School District: Detroit

Lot Info

  • Lot Size Area: 0.08
  • Lot Dimensions: 60 x 110
  • Parcel Number: 01002369.
  • Zoning: Multi-Family

Rental Info

  • Rent Includes: Water
  • Monthly Rental Income: 3600

Tax Info

  • Tax Amount Summer: 1375.0000
  • Total Tax: 1375.0000
  • Taxable Value: 13448.0000

Multi Family

  • Gross Scheduled Income: 43200.00
  • 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
Feb 22, 2024
Closed on
Apr 22, 2024
Sold by
S & L Real Estate Development Llc
Bought by
Campbell Corneal
Seller's Agent
Jamila Jackson
Hawkins Realty Group, Inc
Buyer's Agent
Myia Covington
Keller Williams Realty-Great Lakes
List Price
$409,900
Sold Price
$415,000
Premium/Discount to List
$5,100
1.24%
Views
72
Current Estimated Value
$267,645

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$147,355
Avg. Annual Appreciation
-26.73%
Original Mortgage
$407,483
Outstanding Balance
$401,769
Interest Rate
6.88%
Mortgage Type
FHA
Estimated Equity
-$134,124

Purchase Details

Closed on
Oct 10, 2018
Sold by
The Detroit Land Bank Authority
Bought by
Balogun Samuel

Purchase Details

Closed on
Aug 1, 2018
Sold by
Balogun Samuel
Bought by
S & L Real Estate Development Llc

Purchase Details

Closed on
Sep 12, 2016
Sold by
Talebzadeh Nojan
Bought by
T And T2 Llc

Purchase Details

Closed on
Jul 11, 2014
Sold by
Wayne County Treasurer
Bought by
Talebzadeh Nojan

Purchase Details

Closed on
Feb 5, 2009
Sold by
U S Bank National Association
Bought by
Russo Thomas R

Purchase Details

Closed on
Jan 30, 2008
Sold by
Pruitt Kenneth
Bought by
Us Bank Na and Structured Asset Securities Corp Mortgag

Purchase Details

Closed on
Oct 28, 2005
Sold by
Tanner Kenny Ray
Bought by
Pruitt Kenny

Purchase Details

Closed on
Feb 1, 2005
Sold by
Smith Willie
Bought by
Tanner Kenny Ray
Source: Public Records

Range of Values:

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Average Value
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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
Campbell Corneal $415,000 None Listed On Document
Campbell Corneal $415,000 None Listed On Document
Balogun Samuel -- None Available
S & L Real Estate Development Llc -- None Available
T And T2 Llc -- None Available
Talebzadeh Nojan $2,700 None Available
Russo Thomas R $945 Attorneys Title Agency Llc
Us Bank Na $18,000 None Available
Pruitt Kenny $68,000 None Available
Tanner Kenny Ray -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Campbell Corneal $407,483
Closed Campbell Corneal $407,483
Closed Campbell Corneal $407,483
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2024 04/12/24 Sold $415,000 +1.2% $187 / Sq Ft
03/29/2024 03/29/24 Pending -- -- --
02/22/2024 02/22/24 For Sale $409,900 -- $185 / 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 $1,314 $98,800 $0 $0
2024 $1,314 $83,500 $0 $0
2023 $1,275 $59,900 $0 $0
2022 $1,360 $24,500 $0 $0
2021 $1,322 $17,200 $0 $0
2020 $1,322 $16,200 $0 $0
2019 $1,402 $12,000 $0 $0
2018 $0 $10,200 $0 $0
2017 $9 $5,000 $0 $0
2016 $509 $15,600 $0 $0
2015 $190 $1,900 $0 $0
2013 $954 $9,543 $0 $0
2010 -- $12,655 $499 $12,156
Source: Public Records

Agents Affiliated with this Home

  • Jamila Jackson

    Seller's Agent in 2024

    Jamila Jackson

    Hawkins Realty Group, Inc

    (313) 587-9611

    1 in this area

    52 Total Sales

    Jamila Jackson
    Section Image
  • Myia Covington

    Buyer's Agent in 2024

    Myia Covington

    Keller Williams Realty-Great Lakes

    (248) 767-1230

    1 in this area

    47 Total Sales

    Myia Covington
    Section Image
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Map

Source: Realcomp

MLS Number: 20240010744

Realcomp

APN: 01-002369

Michigan Wayne County Detroit 48202 North End

264 Mount Vernon St, Detroit, MI

This home is located at 264 Mount Vernon St, Detroit, MI 48202 since 22 February 2024 and is currently estimated at $267,645, approximately $120 per square foot. This property was built in 1915. 264 Mount Vernon St is a home located in Wayne County with nearby schools including Golightly Education Center, 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
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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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