NOT LISTED FOR SALE

Estimated Value: $130,000 - $232,000

6 Beds
2 Baths
5,572 Sq Ft
$33/Sq Ft Est. Value

Last Sold July 02, 2014

Last sale price $12,500 $2 Per Sq Ft

Est. 1,403% increase in value since last sale

Current estimated payment $1,119/month

24 Days on Market

Highlights

  • Covered patio or porch
  • Balcony
  • Heating System Uses Steam
  • Cass Technical High School Rated 10
  • Garage
  • Private Entrance

About This Home

As of July 2014

Huge duplex with plenty of upside potential. Each unit has separate entrance with 2,786 square feet. Separate basements (1,393 SF each), two furnaces, two water heaters and separate electric meters. Oversized two car garage. City inspection attached, Purchaser to sign ACR. Close to Grosse Pointe, Belle Isle and downtown.

Last Agent to Sell the Property

Jon Ruud

Keller Williams Home License #6501125639 Listed on: 05/24/2014

Keller Williams Home

Last Buyer's Agent

Cathy Hodges

RE/MAX First License #6501352204

RE/MAX First

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1906

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50x125
  • Private Entrance
  • Fenced

Parking

  • Garage

Home Design

  • Duplex
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 2 Full Bathrooms
  • 5,572 Sq Ft Home
  • 2-Story Property
  • Basement

Outdoor Features

  • Balcony
  • Covered patio or porch

Utilities

  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • 2 Units
  • Brandons Subdivision

Listing and Financial Details

  • Assessor Parcel Number W19I005426S

Property Details

Home Type

Multi-Family

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 2 Story
  • Year Built: 1906
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Sq Ft Combined: 5572
  • Total Sq Ft: 5572
  • Sq Ft Total Bsmt: 2786

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: Fenced, Private Entry
  • Foundation Materials: Block
  • Frontage Feet: 50
  • Porch Type: Balcony, Porch - Covered
  • Road Frontage Type: Paved

Garage/Parking

  • Garage: Yes
  • MF Parking: Garages

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Steam
  • 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: 120714.2857
  • Lot Size Area: 0.14
  • Lot Dimensions: 50x125
  • Parcel Number: W19I005426S
  • Zoning: Residential

Rental Info

  • Monthly Rental Income: 1000

Tax Info

  • Tax Amount Summer: 907.0000
  • Tax Amount Winter: 79.0000
  • Total Tax: 986.0000

Multi Family

  • Gross Scheduled Income: 12000.00
  • Number Of Units Total: 2
  • Number of Three Bedroom Units: 2

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 12, 2015
Sold by
Pom Investors Llc
Bought by
Ma Rongguo
Current Estimated Value
$187,874

Purchase Details

Listed on
May 24, 2014
Closed on
Jul 2, 2014
Sold by
Brown Bessie M
Bought by
Pom Investors Llc
Seller's Agent
Jon Ruud
Keller Williams Home
Buyer's Agent
Cathy Hodges
RE/MAX First
List Price
$16,900
Sold Price
$12,500
Premium/Discount to List
-$4,400
-26.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.96%
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
Ma Rongguo $89,000 Embassy Title Agency Inc
Pom Investors Llc $12,500 Embassy Title Agency Inc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2014 07/02/14 Sold $12,500 -26.0% $2 / Sq Ft
06/17/2014 06/17/14 Pending -- -- --
05/24/2014 05/24/14 For Sale $16,900 -- $3 / 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 $1,081 $47,200 $0 $0
2024 $1,081 $39,300 $0 $0
2023 $1,295 $29,800 $0 $0
2022 $1,373 $23,100 $0 $0
2021 $1,339 $16,500 $0 $0
2020 $1,339 $15,800 $0 $0
2019 $1,220 $14,500 $0 $0
2018 $1,173 $14,900 $0 $0
2017 $201 $15,200 $0 $0
2016 $1,274 $11,000 $0 $0
2015 $1,100 $11,000 $0 $0
2013 $834 $12,890 $0 $0
2010 -- $18,898 $682 $18,216
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 214049195

Realcomp

APN: 19-005426