NOT LISTED FOR SALE

Estimated Value: $48,760 - $88,000

4 Beds
2 Baths
2,700 Sq Ft
$24/Sq Ft Est. Value

Last Sold April 26, 2021

Last sale price $35,000 $13 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $476/month

9 Days on Market

About This Home

As of April 2021

***MULTI FAMILY INVESTOR SPECIAL*** This solid brick two family flat features two full bedrooms, living room, dining room, and bath both upstairs and down. Close to freeways, bus routes, and minutes from popular Russell Woods subdivision and Oakman Blvd. Once renovations are complete, this property can rent up to $1,500 per month! Brand new roof 2020. MAKE AN OFFER!

Last Agent to Sell the Property

Catina Willis

Next Level Realty & Investments License #6502416849 Listed on: 04/02/2021

Last Buyer's Agent

Andrea Ramirez

License #6501404436

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1924

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 35.00x125.00

Home Design

  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 2 Full Bathrooms
  • 2,700 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Parking

  • 4 Parking Spaces
  • Paved Parking
  • On-Street Parking

Outdoor Features

  • Porch

Utilities

  • Heating System Uses Natural Gas
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number W10I003986S

Community Details

Overview

  • 2 Units
  • Oakmans Robt Cherry Lane Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Year Built: 1924
  • State Equalized Value: 13500.0000
  • 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
  • Sq Ft Combined: 2700
  • Total Sq Ft: 2700
  • Sq Ft Total Bsmt: 1000

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Poured
  • Frontage Feet: 35
  • Porch Type: Porch
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • MF Parking: On Street, Paved
  • Total Parking Spaces: 4

Utilities

  • Heating Fuel: Natural Gas
  • Sewer: Public Sewer (Sewer-Sanitary), Sewer at Street
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 390000.0000
  • Lot Size Area: 0.10
  • Lot Dimensions: 35.00X125.00
  • Parcel Number: W10I003986S
  • Zoning: Residential
  • Percent Homestead Exempt: Yes

Rental Info

  • Rent Includes: Trash Collection (Garbage Pickup)
  • Monthly Rental Income: 1500

Tax Info

  • Tax Amount Summer: 1371.0000
  • Tax Amount Winter: 124.0000
  • Total Tax: 1495.0000
  • Taxable Value: 13043.0000

Multi Family

  • Gross Scheduled Income: 18000.00
  • Number Of Units Total: 2
  • Unit Count: 1
  • Number of Two Bedroom Units: 2

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 17, 2022
Sold by
Female Butler
Bought by
Butler Kelly Jo and Butler Daniel J
Current Estimated Value
$62,669

Purchase Details

Listed on
Apr 2, 2021
Closed on
Apr 23, 2021
Sold by
Hairston Homes Llc
Bought by
Detroit Real Estate Llc
Seller's Agent
Catina Willis
Next Level Realty & Investments
Buyer's Agent
Andrea Ramirez
List Price
$39,000
Sold Price
$35,000
Premium/Discount to List
-$4,000
-10.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.77%

Purchase Details

Listed on
Apr 10, 2019
Closed on
Apr 30, 2019
Sold by
Mkat Properties Llc
Bought by
Hairston Homes Llc
Seller's Agent
Greg White
Imagine Home Realty
Buyer's Agent
Catina Willis
Next Level Realty & Investments
List Price
$10,000
Sold Price
$12,500
Premium/Discount to List
$2,500
25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
67.77%

Purchase Details

Closed on
Nov 12, 2015
Sold by
Tonkiss Michael
Bought by
Mkat Properties Llc

Purchase Details

Closed on
May 22, 2012
Sold by
Pegasus Development Llc
Bought by
Tonkiss Michael Edward

Purchase Details

Closed on
Sep 4, 2009
Sold by
Aurora Loan Services Llc
Bought by
Leelaboo Development Llc

Purchase Details

Closed on
Sep 17, 2008
Sold by
Gencur Paul J and Majeske Katherine J
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Feb 20, 2003
Sold by
Gencur Paul J and Majeske Katherine J
Bought by
Gencur Paul J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
5.95%
Mortgage Type
Balloon
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
Butler Kelly Jo -- None Listed On Document
Detroit Real Estate Llc $35,000 None Listed On Document
Hairston Homes Llc $12,500 None Available
Mkat Properties Llc -- Attorney
Tonkiss Michael Edward $25,000 Tri County Title Agency Inc
Pegasus Development Llc -- Tri County Title Agency Inc
Leelaboo Development Llc $2,026 None Available
Aurora Loan Services Llc $2,640 None Available
Gencur Paul J -- Concord Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gencur Paul J $73,600
Previous Owner Gencur Paul J $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2021 04/26/21 Sold $35,000 -10.3% $13 / Sq Ft
04/12/2021 04/12/21 Pending -- -- --
04/02/2021 04/02/21 For Sale $39,000 +212.0% $14 / Sq Ft
04/30/2019 04/30/19 Sold $12,500 +25.0% $5 / Sq Ft
04/16/2019 04/16/19 Pending -- -- --
04/10/2019 04/10/19 For Sale $10,000 -- $4 / 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 $1,595 $32,000 $0 $0
2024 $1,595 $27,100 $0 $0
2023 $1,795 $21,700 $0 $0
2022 $1,913 $18,000 $0 $0
2021 $1,495 $14,600 $0 $0
2020 $1,494 $13,500 $0 $0
2019 $1,473 $12,800 $0 $0
2018 $1,318 $12,700 $0 $0
2017 $247 $13,000 $0 $0
2016 $1,532 $30,500 $0 $0
2015 $1,410 $14,100 $0 $0
2013 $1,956 $19,563 $0 $0
2010 -- $24,730 $1,003 $23,727
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2210022189

Realcomp

APN: 10-003986