$190,000
SOLD APR 15, 2025
4 Beds
2 Baths
2,668 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$71 Per Sq Ft

16% Below List Price

97 Days on Market

About This Home

As of April 2025

Nestled in a promising, developing area, this versatile two-family home offers a prime opportunity for both investors and homeowners. Steps away from the scenic Detroit Riverwalk and conveniently close to Jefferson Avenue, the location boasts easy access to amenities, dining, and entertainment. The spacious first and second floor units are vacant and ready for customization or a new tenant. Whether you want to invest or settle into a vibrant community, this property offers a blend of urban living and future growth. Don't miss out on this opportunity.

Last Agent to Sell the Property

Martique Duncan

National Realty Centers, Inc License #6501439694 Listed on: 08/20/2024

National Realty Centers, Inc

Co-Listed By

Tiffany Duncan

National Realty Centers, Inc License #6501457699

Last Buyer's Agent

Katie Wheeler

Match Realty License #6501400563

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1928

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40x120

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction
  • Brick Foundation
  • Asphalt Roof

Interior Spaces

  • 2 Full Bathrooms
  • 2,668 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number W21I049485S
  • $5,700 Seller Concession

Community Details

Overview

  • 2 Units
  • Hendries Riverside Park Sub Subdivision

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,917

Year Built

Built in 1928

Lot Details

4,792 Sq Ft Lot

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Year Built: 1928
  • State Equalized Value: 56300.0000
  • Pets Allowed: Call
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 2668

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick, Wood
  • Foundation Materials: Brick/Mortar
  • Road Frontage Type: Paved
  • Sideof Street: NE

Garage/Parking

  • MF Parking: On Street

Utilities

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

Lot Info

  • Lot Size Area: 0.11
  • Lot Dimensions: 40x120
  • Parcel Number: W21I049485S
  • Zoning: Multi-Family

Rental Info

  • Monthly Rental Income: 950

Tax Info

  • Tax Amount Summer: 1708.3400
  • Tax Amount Winter: 209.0200
  • Total Tax: 1917.0000
  • Taxable Value: 22413.0000

Multi Family

  • Gross Scheduled Income: 11400.00
  • Number Of Units Total: 2

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2024
Closed on
Apr 15, 2025
Sold by
Detroit Temple Of International Society
Bought by
Demarco Olivia
Seller's Agent
Martique Duncan
National Realty Centers, Inc
Buyer's Agent
Katie Wheeler
Match Realty
List Price
$225,000
Sold Price
$190,000
Premium/Discount to List
-$35,000
-15.56%
Views
65
Current Estimated Value
$188,516

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,484
Avg. Annual Appreciation
-0.82%
Original Mortgage
$271,358
Outstanding Balance
$270,149
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
-$81,633
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Warranty Deed $190,000 Chirco Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $271,358 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/15/2025 04/15/25 Sold $190,000 -15.6% $71 / Sq Ft
11/25/2024 11/25/24 Pending -- -- --
08/20/2024 08/20/24 For Sale $225,000 0.0% $84 / Sq Ft
04/04/2024 04/04/24 Rented $900 0.0% --
01/26/2024 01/26/24 Price Changed $900 -18.2% $0 / Sq Ft
01/09/2024 01/09/24 Price Changed $1,100 -15.4% $0 / Sq Ft
01/04/2024 01/04/24 For Rent $1,300 0.0% --
01/01/2024 01/01/24 Off Market $1,300 -- --
12/18/2023 12/18/23 For Rent $1,300 -- --
Source: Realcomp

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 $2,147 $108,400 $0 $0
2024 $1,873 $74,500 $0 $0
2023 $2,065 $56,300 $0 $0
2022 $2,206 $41,600 $0 $0
2021 $2,144 $32,800 $0 $0
2020 $2,234 $27,400 $0 $0
2019 $2,110 $20,000 $0 $0
2018 $1,895 $20,200 $0 $0
2017 $393 $20,700 $0 $0
2016 $2,171 $21,300 $0 $0
2015 $2,052 $21,300 $0 $0
2013 $1,988 $25,229 $0 $0
2010 -- $36,989 $838 $36,151
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20240057524

Realcomp

APN: 21-049485

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