NOT LISTED FOR SALE

2927 Lovington Dr Troy, MI 48083

Estimated Value: $276,141 - $328,000

4 Beds
2 Baths
1,914 Sq Ft
$161/Sq Ft Est. Value

Last Sold February 28, 2013

Last sale price $122,000 $64 Per Sq Ft

Est. 152% increase in value since last sale

Current estimated payment $1,953/month

35 Days on Market

Highlights

  • 0.67 Acre Lot
  • Forced Air Heating and Cooling System
  • Fenced
  • 1-Story Property
  • Garage

About This Home

As of February 2013

Mirror image duplex - one vacant, one occupied at $825 per month - lease is month to month after December 2012. Viewings for vacant unit only (east side). 2 bedrooms each with 1.5 baths (basement lav in vacant unit). Eat-in kitchen (13 x 13) Detached garages w/electricity. Stove, refrigerator, dishwasher stay. Central air w/GFA heat. Legal: Dequindre Estates W 80 ft of that part of lot 53 lying slt of county drain, also w 80 ft of lot 54.

Last Agent to Sell the Property

Frank Barket

Century 21 Campbell Realty License #6501278079 Listed on: 12/18/2012

Century 21 Campbell Realty

Last Buyer's Agent

Frank Barket

Century 21 Campbell Realty License #RCO-6501278079

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1973

Lot Details

  • 29,185 Sq Ft Lot
  • Lot Dimensions are 80x365
  • Fenced

Parking

  • Garage

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • 2 Full Bathrooms
  • 1,914 Sq Ft Home
  • 1-Story Property
  • Unfinished Basement

Outdoor Features

  • Exterior Lighting

Utilities

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

Community Details

  • 2 Units
  • Dequindre Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2036277060

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,904

Year Built

Built in 1973

Lot Details

0.67 Acres

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 1 Story
  • Assessment: YES
  • Year Built: 1973
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 1914

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: Fenced, Lighting
  • Road Frontage Type: Paved

Garage/Parking

  • MF Parking: Garages

Utilities

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

Lot Info

  • List Price per Acre: 208806.0000
  • Lot Size Area: 0.67
  • Lot Dimensions: 80X365
  • Parcel Number: 2036277060
  • Zoning: Residential
  • Homestead Percent: 0 Percent

Rental Info

  • Monthly Rental Income: 825

Tax Info

  • Tax Amount Summer: 2779.0000
  • Tax Amount Winter: 125.0000
  • Total Tax: 2904.0000

Multi Family

  • Gross Scheduled Income: 9900.00
  • Number Of Units Total: 2

MLS Schools

  • School District: Warren Con

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2012
Closed on
Feb 28, 2013
Sold by
Seel Phyllis B and Seel Allen W
Bought by
Chehab Mohammad
Seller's Agent
Frank Barket
Century 21 Campbell Realty
Buyer's Agent
Frank Barket
Century 21 Campbell Realty
List Price
$139,900
Sold Price
$122,000
Premium/Discount to List
-$17,900
-12.79%
Current Estimated Value
$307,785

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$185,785
Avg. Annual Appreciation
7.33%
Original Mortgage
$97,000
Outstanding Balance
$68,295
Interest Rate
3.49%
Mortgage Type
New Conventional
Estimated Equity
$239,490

Purchase Details

Closed on
Oct 30, 1998
Sold by
Sinner Lois J
Bought by
Seel Allen W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,300
Interest Rate
6.79%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Chehab Mohammad $122,000 None Available
Seel Allen W $169,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chehab Mohammad $97,000
Previous Owner Seel Allen W $118,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2013 02/28/13 Sold $122,000 -12.8% $64 / Sq Ft
01/22/2013 01/22/13 Pending -- -- --
12/18/2012 12/18/12 For Sale $139,900 -- $73 / Sq Ft
Source: Realcomp

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
2022 $3,263 $93,740 $0 $0
2015 $2,611 $54,430 $0 $0
2014 -- $54,430 $0 $0
2011 -- $87,210 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 212125276

Realcomp

APN: 20-36-277-060

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