NOT LISTED FOR SALE

28215 Cherry St Inkster, MI 48141

Estimated Value: $144,000 - $173,000

6 Beds
2 Baths
2,068 Sq Ft
$78/Sq Ft Est. Value

Last Sold October 15, 2020

Last sale price $61,000 $29 Per Sq Ft

Est. 163% increase in value since last sale

Current estimated payment $1,042/month

238 Days on Market

About This Home

As of October 2020

Multi family Duplex investment with great tenants inside! 2 units in Inkster near Dearborn and Dearborn heights, Centrally located between all major cities in Wayne county, Near the business district of Inkster. 17.5% return on investment with minimal maintenance, as the tenant pays all utilities. See a gross return in less than 6 years while retaining market value on this duplex with 2 units both identical with 2 beds and 1 bath 1,020 square feet with a full basement. Separate furnaces, hot water tanks, water meters, electric and sump pumps. New hot water tank for one unit with 6 year warranty on tank and repairs. Please do not disturb tenants. Call today!

Last Agent to Sell the Property

Zachary Sleiman

Century 21 Curran & Oberski License #6501416173 Listed on: 01/20/2020

Century 21 Curran & Oberski

Last Buyer's Agent

Shawn Dennard

EXP Realty Main License #6501425995

EXP Realty Main

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 56.70x110.00
  • Property fronts a private road

Home Design

  • Duplex
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 2 Full Bathrooms
  • 2,068 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 44010010092000

Community Details

Overview

  • 2 Units
  • West Dearborn Sub Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 2 Story
  • Assessment: 1970.06
  • Year Built: 1961
  • State Equalized Value: 23000.0000
  • 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: 2068
  • Total Sq Ft: 2068
  • Sq Ft Total Bsmt: 1032

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block
  • Road Frontage Type: Private

Utilities

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

Schools

  • School District: Taylor

Lot Info

  • List Price per Acre: 463571.4286
  • Lot Size Area: 0.14
  • Lot Dimensions: 56.70X110.00
  • Parcel Number: 44010010092000
  • Zoning: Multi-Family

Rental Info

  • Rent Includes: Yard Maintenance
  • Legal Rental Certified: Yes
  • Monthly Rental Income: 1025

Tax Info

  • Tax Amount Summer: 3038.0000
  • Tax Amount Winter: 1000.0000
  • Total Tax: 4038.0000
  • Taxable Value: 16139.0000

Multi Family

  • Gross Scheduled Income: 12300.00
  • Number Of Units Total: 2
  • Number of Three Bedroom Units: 2
  • Number Of Units Leased: 2

MLS Schools

  • School District: Taylor

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 28, 2025
Sold by
Dennard Deshawn
Bought by
Yeon Pyungwoo
Current Estimated Value
$160,574

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,750
Outstanding Balance
$108,203
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$52,371

Purchase Details

Listed on
Jan 20, 2020
Closed on
Oct 15, 2020
Sold by
Sianeh Management Llc
Bought by
Dennard Deshawn
Seller's Agent
Zachary Sleiman
Century 21 Curran & Oberski
Buyer's Agent
Shawn Dennard
EXP Realty Main
List Price
$69,900
Sold Price
$61,000
Premium/Discount to List
-$8,900
-12.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.17%

Purchase Details

Listed on
Apr 25, 2019
Closed on
Oct 4, 2019
Sold by
Paden Robert Martin and The Robert Martin Paden Revoca
Bought by
Sianeh Management Llc
Seller's Agent
Althea Brown
National Realty Centers, Inc
Buyer's Agent
Zachary Sleiman
Century 21 Curran & Oberski
List Price
$65,000
Sold Price
$58,000
Premium/Discount to List
-$7,000
-10.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.02%

Purchase Details

Closed on
Jun 7, 2017
Sold by
Paden Roebrt Martin
Bought by
The Roebrt Martin Paden Revocbale Truts
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Yeon Pyungwoo $145,000 None Listed On Document
Dennard Deshawn $61,000 Title One Inc
Sianeh Management Llc $58,000 Title One Inc
The Roebrt Martin Paden Revocbale Truts -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yeon Pyungwoo $108,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/15/2020 10/15/20 Sold $61,000 -6.0% $29 / Sq Ft
09/14/2020 09/14/20 Pending -- -- --
07/13/2020 07/13/20 Price Changed $64,900 -5.8% $31 / Sq Ft
04/07/2020 04/07/20 Price Changed $68,900 -1.4% $33 / Sq Ft
01/20/2020 01/20/20 For Sale $69,900 +20.5% $34 / Sq Ft
10/04/2019 10/04/19 Sold $58,000 -10.8% $28 / Sq Ft View Prior Sale
09/06/2019 09/06/19 Pending -- -- --
04/25/2019 04/25/19 For Sale $65,000 -- $31 / 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 $2,424 $63,100 $0 $0
2024 $2,424 $51,400 $0 $0
2023 $4,468 $37,800 $0 $0
2022 $3,821 $31,300 $0 $0
2021 $4,006 $28,500 $0 $0
2020 $2,977 $25,100 $0 $0
2019 $3,471 $23,000 $0 $0
2018 $1,108 $19,300 $0 $0
2017 $1,015 $17,300 $0 $0
2016 $1,663 $15,700 $0 $0
2015 $2,590 $25,900 $0 $0
2013 $3,640 $36,400 $0 $0
2012 $2,435 $41,300 $2,000 $39,300
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 2200005158

Realcomp

APN: 44-010-01-0092-000