NOT LISTED FOR SALE

Estimated Value: $47,000 - $105,000

4 Beds
2 Baths
2,539 Sq Ft
$25/Sq Ft Est. Value

Last Sold September 17, 2021

Last sale price $40,000 $16 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $471/month

36 Days on Market

About This Home

As of September 2021

Great investment opportunity! Two story brick multi family home has two-2 Bedroom units with separate entrances for each. Each spacious unit contains a living room with a natural fireplace, formal dining room Just needs some TLC and you can start generating income or live in one unit and rent out the other. Located in Wildemere Park just on the other side of La Salle Gardens. Property is close to Historic Boston Edison, Henry Ford Hospital, The Motown Museum and Midtown.
Information and data deemed reliable, buyer/buyer agent to verify all data and information

Last Agent to Sell the Property

Shane Parker

S&P Realty License #6501397534 Listed on: 08/01/2021

Last Buyer's Agent

Thomas Smith

Community Choice Realty Associates, LLC License #6501425176

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1917

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 35.00x107.00

Home Design

  • Duplex
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 2 Full Bathrooms
  • 2,539 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number W12I001593S

Community Details

Overview

  • 2 Units
  • Montclair Land Co Ltd Sub Subdivision

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Year Built

Built in 1917

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 2 Story
  • Year Built: 1917
  • State Equalized Value: 16600.0000
  • Pets Allowed: Call | No
  • 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: 2539
  • Total Sq Ft: 2539
  • Sq Ft Total Bsmt: 1270

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block
  • Frontage Feet: 35
  • Road Frontage Type: Paved, Pub. Sidewalk

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: 500000.0000
  • Lot Size Area: 0.09
  • Lot Dimensions: 35.00X107.00
  • Parcel Number: W12I001593S
  • Zoning: Multiple

Rental Info

  • Monthly Rental Income: 1800

Tax Info

  • Tax Amount Summer: 1214.0000
  • Tax Amount Winter: 105.0000
  • Total Tax: 1319.0000
  • Taxable Value: 11060.0000

Multi Family

  • Gross Scheduled Income: 21600.00
  • Number Of Units Total: 2
  • Unit Count: 1
  • Number of Two Bedroom Units: 2

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2021
Closed on
Sep 16, 2021
Sold by
Hu Charles
Bought by
S & C Addities Construction Llc
Seller's Agent
Shane Parker
S&P Realty
Buyer's Agent
Thomas Smith
Community Choice Realty Associates, LLC
List Price
$45,000
Sold Price
$40,000
Premium/Discount to List
-$5,000
-11.11%
Current Estimated Value
$64,366

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,366
Avg. Annual Appreciation
12.27%

Purchase Details

Listed on
Feb 18, 2018
Closed on
May 11, 2018
Sold by
Mcdonagh Simon and Mulroy James
Bought by
Hu Charles
Seller's Agent
Kevin Abeli
Coldwell Banker Professionals-GPF
Buyer's Agent
Toni Jennings
Abode Detroit
List Price
$59,900
Sold Price
$50,000
Premium/Discount to List
-$9,900
-16.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.43%

Purchase Details

Closed on
Dec 1, 2016
Sold by
Sabree Eric R
Bought by
Mulroy James
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
S & C Addities Construction Llc $40,000 First In Service Title Agcy
Hu Charles $50,000 None Available
Mulroy James $5,100 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/17/2021 09/17/21 Sold $40,000 -11.1% $16 / Sq Ft
08/01/2021 08/01/21 For Sale $45,000 -10.0% $18 / Sq Ft
05/11/2018 05/11/18 Sold $50,000 -6.5% $21 / Sq Ft View Prior Sale
02/27/2018 02/27/18 Price Changed $53,500 -10.7% $22 / Sq Ft
02/18/2018 02/18/18 For Sale $59,900 +672.2% $25 / Sq Ft
11/10/2015 11/10/15 Sold $7,757 -46.5% $3 / Sq Ft View Prior Sale
09/23/2015 09/23/15 Pending -- -- --
07/30/2015 07/30/15 For Sale $14,500 -- $6 / 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 $1,595 $33,300 $0 $0
2024 $1,595 $27,400 $0 $0
2023 $1,795 $22,200 $0 $0
2022 $1,413 $18,000 $0 $0
2021 $1,319 $13,800 $0 $0
2020 $1,319 $16,600 $0 $0
2019 $1,300 $12,800 $0 $0
2018 $1,156 $10,600 $0 $0
2017 $205 $10,800 $0 $0
2016 $1,291 $32,700 $0 $0
2015 $1,066 $14,800 $0 $0
2013 $1,033 $20,528 $0 $0
2010 -- $29,413 $550 $28,863
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2210062302

Realcomp

APN: 12-001593