NOT LISTED FOR SALE

Estimated Value: $75,000 - $169,168

4 Beds
2 Baths
2,424 Sq Ft
$43/Sq Ft Est. Value

Last Sold December 22, 2021

Last sale price $55,000 $23 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $665/month

21 Days on Market

Highlights

  • Covered Patio or Porch
  • Forced Air Heating System
  • Fenced
  • Cass Technical High School Rated 10
  • Ceiling Fan

About This Home

As of December 2021

This is a must see property!!! Two-family brick/bungalow flat located in the New Center area. Great location to attract renters being a quarter-mile from Henry Ford hospital, easy access to I-75 and I-96 freeways. Upper-unit, Non-performing-tenant occupied. One half of attic space is used as a 3rd bedroom in upper-unit. New roof (2019), new water heaters (2020), hard wood floors throughout, all rooms are very spacious including kitchens, new vinyl windows (2020). HVAC, Electrical, and plumbing functional. Structurally sound. A little TLC would make this even more of a remarkable investment. All buyers must be approved with verification or proof of funds before any appointments will be made. BATVAI, a licensed agent must be present at all showings. PLEASE UNDER NO CIRCUMSTANCES APPROACH THE UNIT OR TENANTS WITHOUT A PRIOR APPOINTMENT!!!!!!

Last Agent to Sell the Property

Brandon Rucker

3DX Real Estate LLC Troy License #6501428733 Listed on: 11/11/2021

3DX Real Estate LLC Troy

Co-Listed By

Donte Curl

3DX Real Estate LLC Troy License #6501390683

Last Buyer's Agent

Tyler Baldwin

O'Connor Realty Detroit, LLC License #6501417377

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1916 | Remodeled in 2019

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 35x107x35x107
  • Fenced

Home Design

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

Interior Spaces

  • 2 Full Bathrooms
  • 2,424 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Parking

  • 4 Parking Spaces
  • Paved 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 W12I001504S

Community Details

Overview

  • 2 Units
  • Montclair Land Co Ltd Sub Subdivision

Pet Policy

  • Breed Restrictions
  • The building has rules on how big a pet can be within a unit

Property Details

Home Type

Multi-Family

Year Built

Built in 1916 | Remodeled in 2019

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Year Built: 1916
  • State Equalized Value: 15800.0000
  • Year Renovated: 2019
  • Pets Allowed: Breed Restrictions, Size Limit
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished, Common
  • Sq Ft Combined: 2424
  • Total Sq Ft: 2424
  • Sq Ft Total Bsmt: 1200

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick, Stucco
  • Exterior Features: Fenced
  • Foundation Materials: Block, Brick/Mortar
  • Porch Type: Porch - Covered, Porch
  • Road Frontage Type: Paved, Pub. Sidewalk
  • Sideof Street: S

Garage/Parking

  • MF Parking: Paved
  • Total Parking Spaces: 4

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s)
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary), Separate Meters
  • Water Heater Fuel: Electric, Natural Gas
  • Water Source: Public (Municipal)

Schools

  • School District: Detroit

Lot Info

  • Lot Size Area: 0.09
  • Lot Dimensions: 35X107X35X107
  • Parcel Number: W12I001504S
  • Zoning: Multi-Family

Rental Info

  • Deposit Amount: 40000.00
  • Monthly Rental Income: 1400

Tax Info

  • Tax Amount Summer: 1588.0000
  • Tax Amount Winter: 150.0000
  • Total Tax: 1738.0000

Multi Family

  • Gross Scheduled Income: 16800.00
  • Number Of Units Total: 2
  • Unit Count: 2
  • Number of Two Bedroom Units: 2
  • Number Of Units Leased: 1

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2021
Closed on
Dec 21, 2021
Sold by
Jeremey Mcclain
Bought by
Goldstein Christopher
Seller's Agent
Brandon Rucker
3DX Real Estate LLC Troy
Buyer's Agent
Tyler Baldwin
O'Connor Realty Detroit, LLC
List Price
$55,000
Sold Price
$55,000
Current Estimated Value
$103,542

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,542
Avg. Annual Appreciation
17.19%

Purchase Details

Closed on
May 20, 2019
Sold by
The Properties Llc
Bought by
Mcclain Jeremey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,750
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 26, 2010
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Th Properties Llc

Purchase Details

Closed on
Mar 14, 2010
Sold by
Jpmorgan Chase Bank National Association
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
May 7, 2009
Sold by
Berger Carmelita T and Berger Bernard L
Bought by
Jp Morgan Chase Bank National Associatio and Washington Mutual Bank

Purchase Details

Closed on
Jun 11, 2003
Sold by
Berger Bernard L and Berger Carmelita T
Bought by
Bercars Investments Llc

Purchase Details

Closed on
Oct 26, 2000
Sold by
Bercars Investments Llc
Bought by
Berger Bernard L
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
Goldstein Christopher $55,000 Liberty Title
Mcclain Jeremey $45,000 First American Title Ins Co
Federal Home Loan Mortgage Corp -- None Available
Jp Morgan Chase Bank National Associatio $56,527 None Available
Bercars Investments Llc -- --
Berger Bernard L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcclain Jeremey A $33,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2021 12/22/21 Sold $55,000 0.0% $23 / Sq Ft
12/03/2021 12/03/21 Pending -- -- --
11/24/2021 11/24/21 For Sale $55,000 0.0% $23 / Sq Ft
11/23/2021 11/23/21 Off Market $55,000 -- --
11/19/2021 11/19/21 For Sale $55,000 0.0% $23 / Sq Ft
11/12/2021 11/12/21 Pending -- -- --
11/11/2021 11/11/21 For Sale $55,000 -- $23 / 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 $1,362 $32,400 $0 $0
2024 $1,362 $26,700 $0 $0
2023 $1,568 $21,600 $0 $0
2022 $1,835 $17,100 $0 $0
2021 $1,484 $13,100 $0 $0
2020 $1,738 $15,800 $0 $0
2019 $1,319 $12,600 $0 $0
2018 $1,172 $10,800 $0 $0
2017 $201 $11,000 $0 $0
2016 $1,274 $28,600 $0 $0
2015 $1,056 $11,000 $0 $0
2013 $1,023 $15,271 $0 $0
2010 -- $14,652 $639 $14,013
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2210094375

Realcomp

APN: 12-001504