NOT LISTED FOR SALE

Estimated Value: $90,000 - $499,000

8 Beds
4 Baths
4,814 Sq Ft
$63/Sq Ft Est. Value

Last Sold November 23, 2022

Last sale price $90,000 $19 Per Sq Ft

Est. 236% increase in value since last sale

Current estimated payment $1,967/month

119 Days on Market

Highlights

  • 0.15 Acre Lot
  • Colonial Architecture
  • Forced Air Heating System
  • Cass Technical High School Rated 10
  • Covered Patio or Porch

About This Home

As of November 2022

**OPPORTUNITY FOR INVESTORS** Come rehab this MASSIVE brick 4-unit multi-family property that is located right on the edge of La Salle Gardens! Each unit features 2 bedrooms and 1 bathroom, and there is a huge attic where you could potentially add additional units. The roof has been updated to 3D architectural shingles and the windows are newer and vinyl! This property could be an income-generating machine, with rents in the area going for as much as $1,300/month for 2 bedroom units. CASH ONLY.

Last Agent to Sell the Property

Ryan Kain

RE/MAX Leading Edge License #6501401697 Listed on: 07/19/2022

RE/MAX Leading Edge

Last Buyer's Agent

Tommy Segars III

PREP Realty License #6501433057

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1916

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 60.00 x 110.00

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Brick Foundation
  • Asphalt Roof

Interior Spaces

  • 4 Full Bathrooms
  • 4,814 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Parking

  • On-Street Parking
  • Unassigned Parking

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number W10I001362S

Community Details

Overview

  • 4 Units
  • Crosman & MC Kays Sub Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,769

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Assessment: 240.00
  • Year Built: 1916
  • State Equalized Value: 46800.0000
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement: Yes
  • Basement Type: Unfinished, Common
  • Sq Ft Combined: 4814
  • Total Sq Ft: 4814
  • Sq Ft Total Bsmt: 2335

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Brick/Mortar
  • Frontage Feet: 60
  • Porch Type: Porch - Covered, Porch
  • Road Frontage Type: Paved

Garage/Parking

  • MF Parking: On Street, Unassigned/General

Utilities

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

Schools

  • School District: Detroit

Lot Info

  • Lot Size Area: 0.15
  • Lot Dimensions: 60.00 x 110.00
  • Parcel Number: W10I001362S
  • Zoning: Residential

Tax Info

  • Tax Amount Summer: 1603.0000
  • Tax Amount Winter: 166.0000
  • Total Tax: 1769.0000
  • Taxable Value: 17512.0000

Multi Family

  • Number Of Units Total: 4
  • Number of Two Bedroom Units: 4

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2022
Closed on
Nov 23, 2022
Sold by
2696 Northwestern St Llc
Bought by
Reinoso Holdings Llc
Seller's Agent
Ryan Kain
RE/MAX Leading Edge
Buyer's Agent
Tommy Segars III
PREP Realty
List Price
$149,900
Sold Price
$90,000
Premium/Discount to List
-$59,900
-39.96%
Views
17
Current Estimated Value
$302,439

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$212,439
Avg. Annual Appreciation
50.52%

Purchase Details

Listed on
Feb 26, 2020
Closed on
Apr 29, 2020
Sold by
Comerica Bank
Bought by
2696 Northwestrn St Llc
Seller's Agent
Brad Dilley
National Realty Centers, Inc
Buyer's Agent
Brad Dilley
Coldwell Banker Weir Manuel-Northville
List Price
$24,900
Sold Price
$55,000
Premium/Discount to List
$30,100
120.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.30%

Purchase Details

Closed on
Mar 14, 2019
Sold by
Miller Jesse F
Bought by
Comerica Bank
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
Reinoso Holdings Llc $90,000 First American Title
2696 Northwestrn St Llc $55,000 Title One Inc
Comerica Bank $16,438 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Miller Jesse F $15,200
Previous Owner Miller Jessie F $31,185
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/23/2022 11/23/22 Sold $90,000 -24.9% $19 / Sq Ft
11/15/2022 11/15/22 Pending -- -- --
10/20/2022 10/20/22 Price Changed $119,900 -20.0% $25 / Sq Ft
08/21/2022 08/21/22 For Sale $149,900 0.0% $31 / Sq Ft
08/05/2022 08/05/22 Pending -- -- --
07/19/2022 07/19/22 For Sale $149,900 +172.5% $31 / Sq Ft
05/05/2020 05/05/20 Sold $55,000 +120.9% $11 / Sq Ft
03/19/2020 03/19/20 Pending -- -- --
02/26/2020 02/26/20 For Sale $24,900 -- $5 / 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 $4,265 $91,800 $0 $0
2024 $4,265 $76,300 $0 $0
2023 $4,148 $79,400 $0 $0
2022 $4,466 $61,000 $0 $0
2021 $4,326 $46,800 $0 $0
2020 $1,768 $56,400 $0 $0
2019 $1,740 $43,800 $0 $0
2018 $1,614 $34,200 $0 $0
2017 $307 $34,500 $0 $0
2016 $1,770 $91,800 $0 $0
2015 $1,602 $17,200 $0 $0
2013 $1,552 $23,870 $0 $0
2010 -- $34,201 $1,309 $32,892
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20221018889

Realcomp

APN: 10-001362