$650,000
SOLD APR 5, 2022
7 Beds
7 Baths
4,059 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$160 Per Sq Ft

13% Below List Price

83 Days on Market

Highlights

  • Historic Home
  • Cass Technical High School Rated 10
  • 2-minute walk to John R. Watson Park

About This Home

As of April 2022

Built in 1885, 269 Watson Street is an historic, brick development opportunity with architectural plans to create seven apartment units. The beautiful Victorian building is located one block off Woodward in Brush Park within walking distance to Little Caesars Arena, the QLine, Bedrock's City Modern, Central Business District, Whole Foods and the site for the new Target. 7 Units | 4,059 Square Feet | Opportunity Zone

Last Agent to Sell the Property

Vincent Mazzola

O'Connor Realty Detroit, LLC License #6501387170 Listed on: 12/09/2021

Last Buyer's Agent

Jeffrey Kwitt

American Real Estate Services License #6501314321

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1875

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50.00x150.00
  • Historic Home

Home Design

  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • 7 Full Bathrooms
  • 4,059 Sq Ft Home
  • 3-Story Property
  • Unfinished Basement

Utilities

  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number W01I000765S

Community Details

Overview

  • 7 Units
  • Brush Sub Of Pt Of Pk Lots 15 16 & 17 Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,609

Year Built

Built in 1875

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Historic
  • Architecture Level: 3 Story
  • Assessment: 240
  • Year Built: 1875
  • State Equalized Value: 187900.0000
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Total Bathrooms: 7.00
  • Full Bathrooms: 7
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 4059
  • Total Sq Ft: 4059
  • Sq Ft Total Bsmt: 1636

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Brick/Mortar
  • Frontage Feet: 50
  • Road Frontage Type: Paved

Utilities

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

Schools

  • School District: Detroit

Lot Info

  • Lot Size Area: 0.17
  • Lot Dimensions: 50.00X150.00
  • Parcel Number: W01I000765S
  • Zoning: Multi-Family
  • Percent Homestead Exempt: Yes

Tax Info

  • Tax Amount Summer: 12901.0000
  • Tax Amount Winter: 1708.0000
  • Total Tax: 14609.0000
  • Taxable Value: 182621.0000

Multi Family

  • Number Of Units Total: 7
  • Number of One Bedroom Units: 7

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2018
Closed on
Mar 15, 2019
Sold by
Madison Capital Fund Llc
Bought by
Motor City Oz Holdings Llc
Seller's Agent
Lynn Kassotis
Luke Investments R E
Buyer's Agent
George Nosis
Fathom Realty MI LLC
List Price
$499,000
Sold Price
$460,000
Premium/Discount to List
-$39,000
-7.82%
Current Estimated Value
$759,526

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$299,526
Avg. Annual Appreciation
7.91%

Purchase Details

Closed on
Aug 24, 2017
Sold by
Mingo Qucntin L and Mingo Gwendolyn E
Bought by
Madison Caital Fund Llc

Purchase Details

Closed on
Jun 6, 2007
Sold by
Mingo Quentin L and Mingo Gwendolyn E
Bought by
Jpmorgan Chase Bank Na
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 -- Chicago Title Agency Inc
Sheriffs Deed $275,001 None Available
Sheriffs Deed $106,250 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2022 04/05/22 Sold $650,000 -13.3% $160 / Sq Ft
03/03/2022 03/03/22 Pending -- -- --
12/09/2021 12/09/21 For Sale $750,000 +63.0% $185 / Sq Ft
03/15/2019 03/15/19 Sold $460,000 -3.2% $94 / Sq Ft
03/11/2019 03/11/19 Pending -- -- --
01/17/2019 01/17/19 Price Changed $475,000 -4.8% $97 / Sq Ft
11/29/2018 11/29/18 For Sale $499,000 -- $102 / 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 $21,536 $335,900 $0 $0
2023 $21,103 $271,000 $0 $0
2022 $16,931 $231,300 $0 $0
2021 $16,184 $187,900 $0 $0
2020 $16,178 $180,100 $0 $0
2019 $1,289 $146,000 $0 $0
2018 $1,116 $30,000 $0 $0
2017 $240 $28,300 $0 $0
2016 $1,240 $122,200 $0 $0
2015 $1,249 $32,200 $0 $0
2013 $1,210 $38,129 $0 $0
2010 -- $55,903 $18,750 $37,153
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2210100583

Realcomp

APN: 01-000765