NOT LISTED FOR SALE

2879 Ewald Cir Detroit, MI 48238

Oakman Boulevard Community Neighborhood

Estimated Value: $64,557 - $132,000

4 Beds
2 Baths
1,450 Sq Ft
$62/Sq Ft Est. Value

Last Sold August 21, 2019

Last sale price $77,500 $53 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $583/month

111 Days on Market

Highlights

  • Porch
  • Cass Technical High School Rated 10
  • Forced Air Heating System

About This Home

As of August 2019

A prime turn key investment opportunity awaits with a 14% ROI. Two unit brick duplex with full remodel with shared basement. Each unit (2 beds and 1 full bath) is fully equipped with a new kitchen, bath, flooring, windows, fresh paint, electrical, plumbing, furnace, water heater with up to date code natural gas lines and plumbing. The kitchen has a new stove and fridge in each unit, included in the purchase. New windows throughout including basement windows. Basement is vented for washer and dryer units if desired. Both units currently leased. Upper unit for $700 per month plus $35.00 water fee. Bottom unit is leased for $750 plus $35.00 water fee per month. Roof is in good condition. Rental CO is complete and will be provided at closing. Warranty deed provided. Nothing is left undone! Lot dimensions are approximate, agents to verify.

Last Agent to Sell the Property

Cassandra Dunn

Compass Realty License #6501409270 Listed on: 03/05/2019

Compass Realty

Last Buyer's Agent

Cassandra Dunn

Compass Realty License #RCO-6501409270

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1943 | Remodeled in 2018

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40x 80 x 40 x 80

Home Design

  • Duplex
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 2 Full Bathrooms
  • 1,450 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Parking

  • 2 Parking Spaces
  • Paved Parking

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • 2 Units
  • Amended Plat R Oakmans Turner & Ford Hwy Subdivision

Listing and Financial Details

  • Assessor Parcel Number W16I023993C5

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$722

Year Built

Built in 1943 | Remodeled in 2018

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 2 Story
  • Assessment: 340
  • Year Built: 1943
  • Year Renovated: 2018
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 1450
  • Total Sq Ft: 1450
  • Sq Ft Total Bsmt: 725

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block
  • Porch Type: Porch
  • Road Frontage Type: Pub. Sidewalk

Garage/Parking

  • MF Parking: Paved
  • Total Parking Spaces: 2

Utilities

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

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 780909.0909
  • Lot Size Area: 0.11
  • Lot Dimensions: 40x 80 x 40 x 80
  • Parcel Number: W16I023993C5
  • Zone Conform: Yes
  • Zoning: Multi-Family

Rental Info

  • Rent Includes: Water/Sewer
  • Legal Rental Certified: Yes
  • Monthly Rental Income: 1520

Tax Info

  • Tax Amount Summer: 681.0000
  • Tax Amount Winter: 41.0000
  • Total Tax: 722.0000

Multi Family

  • Gross Scheduled Income: 18240.00
  • Number Of Units Total: 2
  • Unit Count: 2
  • Number of Two Bedroom Units: 2
  • Number Of Units Leased: 2

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 12, 2023
Sold by
Fa Investment & Management Llc
Bought by
Ghafourian Nikoo and Ghafourian Negin
Current Estimated Value
$89,389

Purchase Details

Listed on
Mar 5, 2019
Closed on
Aug 14, 2019
Sold by
Vega Jorge
Bought by
Smith Erica J and Erica J Smith Revocable Trust
Seller's Agent
Cassandra Dunn
Compass Realty
Buyer's Agent
Cassandra Dunn
Compass Realty
List Price
$90,000
Sold Price
$77,500
Premium/Discount to List
-$12,500
-13.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.36%

Purchase Details

Closed on
Jun 25, 2018
Sold by
Aries Dining Group Llc
Bought by
Vega Jorge

Purchase Details

Closed on
Nov 13, 2014
Sold by
Wayne County Treasurer
Bought by
Aries Dining Group Llc

Purchase Details

Closed on
Apr 27, 2012
Sold by
Wilson Rusty
Bought by
Rusty Wilson Properties Llc

Purchase Details

Closed on
Sep 22, 2011
Sold by
Us Mortgage Specialists Llc
Bought by
Wilson Rusty

Purchase Details

Closed on
May 15, 2009
Sold by
Sweeney Jamie
Bought by
Sweeney Jamie

Purchase Details

Closed on
Dec 5, 2007
Sold by
Johnson Wayde and Johnson Marilyn B
Bought by
Monument Street Funding Llc

Purchase Details

Closed on
Apr 27, 2000
Sold by
Murray Charles L
Bought by
Wayde P Johnson
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
Ghafourian Nikoo $155,000 None Listed On Document
Smith Erica J $77,500 Michigan Title Ins Agcy Inc
Vega Jorge $21,500 None Available
Aries Dining Group Llc $1,401 None Available
Rusty Wilson Properties Llc -- None Available
Wilson Rusty $11,200 None Available
Sweeney Jamie -- None Available
Monument Street Funding Llc $50,264 None Available
Wayde P Johnson $15,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2019 08/21/19 Sold $77,500 -9.8% $53 / Sq Ft
06/24/2019 06/24/19 Pending -- -- --
04/04/2019 04/04/19 Price Changed $85,900 -4.6% $59 / Sq Ft
03/05/2019 03/05/19 For Sale $90,000 -- $62 / 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 $1,147 $16,800 $0 $0
2024 $1,147 $13,900 $0 $0
2023 $1,159 $10,640 $0 $0
2022 $1,237 $10,700 $0 $0
2021 $1,207 $10,000 $0 $0
2020 $1,207 $9,800 $0 $0
2019 $1,021 $7,700 $0 $0
2018 $681 $7,200 $0 $0
2017 $82 $6,300 $0 $0
2016 $723 $26,700 $0 $0
2015 $450 $4,500 $0 $0
2013 $505 $5,049 $0 $0
2010 -- $7,233 $987 $6,246
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2019

    Cassandra Dunn

    Compass Realty

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Map

Source: Realcomp

MLS Number: 219018412

Realcomp

APN: 16-0239935

Michigan Wayne County Detroit 48238 Oakman Boulevard Community

2879 Ewald Cir, Detroit, MI

This home is located at 2879 Ewald Cir, Detroit, MI 48238 since 05 March 2019 and is currently estimated at $89,389, approximately $61 per square foot. This property was built in 1943. 2879 Ewald Cir is a home located in Wayne County with nearby schools including Durfee Elementary-Middle School, Charles L. Spain Elementary-Middle School, and Edward 'Duke' Ellington Conservatory of Music and Art.

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Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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