NOT LISTED FOR SALE

Estimated Value: $41,727 - $122,000

6 Beds
2 Baths
2,964 Sq Ft
$29/Sq Ft Est. Value

Last Sold February 05, 2016

Last sale price $7,506 $3 Per Sq Ft

Est. 722% increase in value since last sale

Current estimated payment $448/month

40 Days on Market

About This Home

As of February 2016

HUD Home. 6 BEDROOM, 2 BATHROOM, BRICK MULTI-FAMILY WITH WOOD FLOORING. LBP. 2 units. Property is NOT located in a FEMA Special Flood Hazard Area but is listed as a moderate to low flood risk. Please refer to WWW.FloodSmart.gov for additional information regarding flood zones and insurance. Per FHA appr., street address is 2928-30 Glendale St.”

Last Agent to Sell the Property

Anthony Cartwright

North American Real Estate LLC License #6501326988 Listed on: 11/05/2015

Last Buyer's Agent

Anthony Cartwright

North American Real Estate LLC License #RCO-6501326988

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 36.00x128.11

Home Design

  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • 2 Full Bathrooms
  • 2,964 Sq Ft Home
  • 2-Story Property
  • Partially Finished Basement

Utilities

  • Heating System Uses Natural Gas
  • Radiant Heating System

Community Details

  • 2 Units
  • Oakmans Robt Cherry Lane Subdivision

Listing and Financial Details

  • Assessor Parcel Number W12I004234S

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Assessment: 340
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Partially Finished
  • Sq Ft Combined: 3690
  • Sq Ft Lower Floor: 726
  • Total Sq Ft: 2964
  • Sq Ft Total Bsmt: 1482

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Brick/Mortar
  • Road Frontage Type: Paved

Utilities

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

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 54545.4500
  • Lot Size Area: 0.11
  • Lot Dimensions: 36.00X128.11
  • Parcel Number: W12I004234S
  • Zoning: Multi-Family

Rental Info

  • Monthly Rental Income: 650

Tax Info

  • Tax Amount Summer: 1463.0000
  • Tax Amount Winter: 139.0000
  • Total Tax: 1602.0000

Multi Family

  • Gross Scheduled Income: 7800.00
  • 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

Listed on
Nov 5, 2015
Closed on
Feb 5, 2016
Sold by
Secretary Of Housing & Urban Development
Bought by
Saheed Inawo
Seller's Agent
Anthony Cartwright
North American Real Estate LLC
Buyer's Agent
Anthony Cartwright
North American Real Estate LLC
List Price
$6,000
Sold Price
$7,506
Premium/Discount to List
$1,506
25.1%
Current Estimated Value
$61,679

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,173
Avg. Annual Appreciation
27.05%

Purchase Details

Closed on
Aug 4, 2015
Sold by
Bank Of America Na
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Jul 31, 2014
Sold by
Havard Alvin and Havard Adrienne
Bought by
Bank Of America Na

Purchase Details

Closed on
Jan 16, 2004
Sold by
Weaver James
Bought by
Havard Alvin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage
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
Saheed Inawo $7,506 Attorney
The Secretary Of Housing & Urban Develop $8,250 None Available
Bank Of America Na $8,250 None Available
Havard Alvin $32,000 Title Giant Llc
Havard Alvin $32,000 Title Giant Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Havard Alvin $71,608
Previous Owner Havard Alvin $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/05/2016 02/05/16 Sold $7,506 +25.1% $3 / Sq Ft
12/15/2015 12/15/15 Pending -- -- --
11/05/2015 11/05/15 For Sale $6,000 -- $2 / 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 $1,325 $35,200 $0 $0
2024 $1,325 $29,800 $0 $0
2023 $1,533 $23,800 $0 $0
2022 $1,630 $20,100 $0 $0
2021 $1,775 $16,300 $0 $0
2020 $1,586 $15,100 $0 $0
2019 $1,563 $14,300 $0 $0
2018 $1,379 $13,500 $0 $0
2017 $262 $13,800 $0 $0
2016 $1,550 $32,400 $0 $0
2015 $1,430 $14,300 $0 $0
2013 $1,443 $19,833 $0 $0
2010 -- $28,416 $1,040 $27,376
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 215119867

Realcomp

APN: 12-004234