$199,000
SOLD DEC 1, 2023

2642 Webb St Detroit, MI 48206

Dexter-Linwood Neighborhood
6 Beds
3.5 Baths
3,248 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$61 Per Sq Ft

34 Days on Market

About This Home

As of December 2023

Cashflow and an excellent hold opportunity. Well renovated with careful attention to full capital improvements done to city certification and Section 8 standards. You won't have to do anything to this property except maintain it! KITCHEN APPLIANCES INCLUDED- THIS PROPERTY IS PERFECT FOR A HOUSE HACK! LIVE IN ONE AND RENT THE OTHER.
FHA AND VA WELCOME

Last Agent to Sell the Property

Heather Dell

RE/MAX Leading Edge License #6501269116 Listed on: 09/19/2023

RE/MAX Leading Edge

Last Buyer's Agent

Jennie Avis

Redfin Corporation License #6501430238

Redfin Corporation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,241

Year Built | Renovated

1925 | 2023

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Assessment: 340.00
  • Year Built: 1925
  • State Equalized Value: 27300.0000
  • Year Renovated: 2023
  • Pets Allowed: Call
  • Special Features: NewHome
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 3248
  • Total Sq Ft: 3248
  • Sq Ft Total Bsmt: 1624

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block, Brick/Mortar
  • Frontage Feet: 40
  • Road Frontage Type: Paved

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Hot Water
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Water at Street

Fee Information

  • Operating Expense: 8000.00

Schools

  • School District: Detroit

Lot Info

  • Lot Size Area: 0.11
  • Lot Dimensions: 40.00 x 123.00
  • Parcel Number: W10I003229S
  • Zoning: Multi-Family

Rental Info

  • Monthly Rental Income: 2700

Tax Info

  • Tax Amount Summer: 2121.0000
  • Tax Amount Winter: 215.0000
  • Total Tax: 2336.0000
  • Taxable Value: 22829.0000

Multi Family

  • Gross Scheduled Income: 32400.00
  • Number Of Units Total: 2
  • Unit Count: 1
  • Number of Three Bedroom Units: 2

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2023
Closed on
Nov 29, 2023
Sold by
G & E Investments Group Inc
Bought by
Olive House Group Llc
Seller's Agent
Heather Dell
RE/MAX Leading Edge
Buyer's Agent
Jennie Avis
Redfin Corporation
List Price
$198,777
Sold Price
$199,000
Premium/Discount to List
$223
0.11%
Views
39

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.32%
Original Mortgage
$159,200
Outstanding Balance
$157,268
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$37,452

Purchase Details

Listed on
Mar 13, 2023
Closed on
Jul 18, 2023
Sold by
Hamilton Vernica
Bought by
G & E Investments Group Inc
Seller's Agent
Devon Adams
EXP Realty Main
Buyer's Agent
Heather Dell
RE/MAX Leading Edge
List Price
$90,000
Sold Price
$55,000
Premium/Discount to List
-$35,000
-38.89%
Views
331

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3131.72%

Purchase Details

Closed on
Feb 3, 2023
Sold by
Johnson Gary and Johnson Angela
Bought by
Hamilton Vernica

Purchase Details

Closed on
Feb 28, 2020
Sold by
Mishra Pravan and Tripathi Sanchita
Bought by
Johnson Gary and Hamilton Angela

Purchase Details

Closed on
Apr 28, 2017
Sold by
Mpvb Properties Llc
Bought by
Mishra Pranav

Purchase Details

Closed on
Dec 1, 2016
Sold by
Sabree Eric R
Bought by
S Hagerman Motown Rentals Llc
Source: Public Records

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Range of Values:

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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 $199,000 Liberty Title
Warranty Deed $55,000 None Listed On Document
Quit Claim Deed -- --
Warranty Deed $49,500 None Available
Warranty Deed $47,000 First American Title
Quit Claim Deed $4,100 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $159,200 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2025 07/18/25 For Sale $224,900 +13.0% $69 / Sq Ft
12/01/2023 12/01/23 Sold $199,000 +0.1% $61 / Sq Ft
10/23/2023 10/23/23 Pending -- -- --
09/19/2023 09/19/23 For Sale $198,777 +261.4% $61 / Sq Ft
07/18/2023 07/18/23 Sold $55,000 -26.7% $17 / Sq Ft
06/16/2023 06/16/23 Pending -- -- --
05/12/2023 05/12/23 Price Changed $75,000 -16.7% $23 / Sq Ft
03/25/2023 03/25/23 For Sale $90,000 0.0% $28 / Sq Ft
03/25/2023 03/25/23 Pending -- -- --
03/13/2023 03/13/23 For Sale $90,000 +80.4% $28 / Sq Ft
05/30/2020 05/30/20 Sold $49,900 -16.7% $15 / Sq Ft
01/31/2020 01/31/20 Pending -- -- --
01/20/2020 01/20/20 For Sale $59,900 -- $18 / 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
2024 $3,241 $41,700 $0 $0
2023 $2,185 $33,300 $0 $0
2022 $2,336 $27,300 $0 $0
2021 $2,269 $22,100 $0 $0
2020 $2,280 $20,500 $0 $0
2019 $2,048 $19,300 $0 $0
2018 $1,849 $19,600 $0 $0
2017 $184 $20,100 $0 $0
2016 $1,195 $47,100 $0 $0
2015 $958 $11,300 $0 $0
2013 $928 $15,730 $0 $0
2010 -- $22,537 $1,139 $21,398
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2025

    Jennie Avis

    Redfin Corporation

    Section Image
  • Heather Dell

    Seller's Agent in 2023

    Heather Dell

    RE/MAX of Southeast Michigan

    (248) 464-1116

    5 in this area

    139 Total Sales

    Heather Dell
    Section Image
  • Devon Adams

    Seller's Agent in 2023

    Devon Adams

    EXP Realty Main

    (313) 723-0681

    1 in this area

    13 Total Sales

    Devon Adams
    Section Image

  • K

    Seller's Agent in 2020

    Kenneth Hunter

    The Signature Group Realty, LLC

    (313) 574-9685

    17 Total Sales

    Kenneth Hunter
    Section Image

  • P

    Buyer's Agent in 2020

    Pamela Easley

    First Millennium Real Estate

    (313) 610-0947

    20 Total Sales

    Pamela Easley
    Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 20230079846

Realcomp

APN: 10-003229

Michigan Wayne County Detroit 48206 Dexter-Linwood

2642 Webb St, Detroit, MI

This home is located at 2642 Webb St, Detroit, MI 48206 and is currently priced at $199,000, approximately $61 per square foot. This property was built in 1925. 2642 Webb St is a home located in Wayne County with nearby schools including Durfee Elementary-Middle School, 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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