NOT LISTED FOR SALE

2705 Yemans St HamtraMcK, MI 48212

Estimated Value: $179,000 - $269,000

4 Beds
2.5 Baths
2,000 Sq Ft
$115/Sq Ft Est. Value

Last Sold September 25, 2017

Last sale price $82,000 $41 Per Sq Ft

Est. 181% increase in value since last sale

Current estimated payment $1,416/month

16 Days on Market

About This Home

As of September 2017

MULTIPLE OFFERS SITUATION, HIGHEST AND BEST OFFER BY THURSDAY JUNE 15,2017 @2PM. Well maintained, beautiful multi-family home located in Hamtramck, with 2 bedroom, 1 bathroom, living and dining room in each unit, also 1/2 bathroom in full basement, partially finished, 2 1/2 car garage. Open House Sunday June 11,2017 from 3-5pm. No showing before open house.

Last Agent to Sell the Property

Nazmul Islam

Home Source Realty LLC License #6502412661 Listed on: 06/05/2017

Last Buyer's Agent

Nazmul Islam

Home Source Realty LLC License #6502412661 Listed on: 06/05/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1939

Lot Details

  • Lot Dimensions are 42 x 83

Home Design

  • Brick Foundation
  • Block Foundation
  • Stucco

Interior Spaces

  • 2,000 Sq Ft Home
  • 2-Story Property
  • Partially Finished Basement

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Sewer in Street

Community Details

  • 2 Units
  • Whitney Block 4 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 41003040148000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,995

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Year Built: 1939
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Partially Finished
  • Sq Ft Combined: 2900
  • Sq Ft Lower Floor: 900
  • Total Sq Ft: 2000
  • Sq Ft Total Bsmt: 900

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Stucco
  • Foundation Materials: Block, Brick/Mortar
  • Road Frontage Type: Pub. Sidewalk

Utilities

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

Schools

  • School District: Hamtramck

Lot Info

  • Lot Dimensions: 42 X 83
  • Parcel Number: 41003040148000
  • Zoning: Residential

Rental Info

  • Monthly Rental Income: 1000

Tax Info

  • Tax Amount Summer: 1669.0000
  • Tax Amount Winter: 326.0000
  • Total Tax: 1995.0000

Multi Family

  • Gross Scheduled Income: 12000.00
  • Number Of Units Total: 2
  • Number of Two Bedroom Units: 2
  • Number Of Units Leased: 2

MLS Schools

  • School District: Hamtramck

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2017
Closed on
Sep 25, 2017
Sold by
Chaudhury Ataur
Bought by
Rahman Syed M
Seller's Agent
Nazmul Islam
Home Source Realty LLC
Buyer's Agent
Nazmul Islam
Home Source Realty LLC
List Price
$119,900
Sold Price
$82,000
Premium/Discount to List
-$37,900
-31.61%
Current Estimated Value
$230,822

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,822
Avg. Annual Appreciation
14.66%
Original Mortgage
$69,700
Outstanding Balance
$59,018
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$182,556

Purchase Details

Listed on
Jun 5, 2017
Closed on
Sep 20, 2017
Sold by
Choudhury Akikur
Bought by
Choudhury Ataur
Seller's Agent
Nazmul Islam
Home Source Realty LLC
Buyer's Agent
Nazmul Islam
Home Source Realty LLC
List Price
$119,900
Sold Price
$82,000
Premium/Discount to List
-$37,900
-31.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,700
Outstanding Balance
$59,018
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$182,556
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
Rahman Syed M $82,000 None Available
Choudhury Ataur -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rahman Syed M $69,700
Previous Owner Choudhury Ataur $90,960
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2017 09/25/17 Sold $82,000 0.0% $41 / Sq Ft
08/08/2017 08/08/17 Off Market $82,000 -- --
06/21/2017 06/21/17 Pending -- -- --
06/05/2017 06/05/17 For Sale $119,900 -- $60 / 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 $1,893 $121,600 $0 $0
2024 $1,893 $105,300 $0 $0
2023 $2,190 $86,200 $0 $0
2022 $2,258 $73,700 $0 $0
2021 $2,123 $59,300 $0 $0
2020 $2,107 $50,900 $0 $0
2019 $2,089 $41,100 $0 $0
2018 $1,601 $35,300 $0 $0
2017 $664 $31,100 $0 $0
2016 $1,995 $27,500 $0 $0
2015 $2,620 $26,200 $0 $0
2013 $2,650 $26,500 $0 $0
2012 $1,395 $29,600 $3,100 $26,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 217047053

Realcomp

APN: 41-003-04-0148-000