NOT LISTED FOR SALE

2942 Clements St Detroit, MI 48238

Oakman Boulevard Community Neighborhood

Estimated Value: $56,000 - $144,929

6 Beds
2 Baths
2,700 Sq Ft
$33/Sq Ft Est. Value

Last Sold June 16, 2021

Last sale price $45,000 $17 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $608/month

7 Days on Market

About This Home

As of June 2021

BRICK MULTI-FAMILY 2 Units both 3 bedroom 1 bathroom units- both units have 1350 sqft. ATTENTION INVESTORS Property has great potential and lots of living space. Separate entrances with basement storage as well. Close to all freeways, shopping , grocery and bus lines. Upper Unit Tenant occupied- Perfect Opportunity for Investors with potential income from $1200-$1800 a month!!! Motivated Seller- Sold As-Is Conditions
MULTIPLE OFFERS...ACCEPTING HIGHEST AND BEST BY WEDNESDAY 03/10/2021 5PM.

Last Agent to Sell the Property

Todd Harris

Harvest Homes Realty License #6502401139 Listed on: 03/03/2021

Co-Listed By

Devina Goldsmith

Harvest Homes Realty License #6501399596

Last Buyer's Agent

Justin Barton

Serenity Realty LLC License #6501431272

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1926

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 35x119

Home Design

  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 2 Full Bathrooms
  • 2,700 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Utilities

  • Heating System Uses Steam
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number W12I004600S

Community Details

Overview

  • 2 Units
  • Robt Oakmans Ford Highway And Linwood Sub Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Assessment: 340
  • Year Built: 1926
  • State Equalized Value: 17400.0000
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 2700
  • Total Sq Ft: 2700
  • Sq Ft Total Bsmt: 1350

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block
  • Frontage Feet: 35
  • Road Frontage Type: Paved

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Steam
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Schools

  • School District: Detroit

Lot Info

  • Lot Size Area: 0.10
  • Lot Dimensions: 35x119
  • Parcel Number: W12I004600S
  • Zoning: Multi-Family

Rental Info

  • Monthly Rental Income: 500

Tax Info

  • Tax Amount Summer: 1434.0000
  • Tax Amount Winter: 128.0000
  • Total Tax: 1562.0000

Multi Family

  • Gross Scheduled Income: 20000.00
  • Number Of Units Total: 2
  • Unit Count: 2
  • Number of Three Bedroom Units: 2
  • Number Of Units Leased: 1

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 6, 2021
Sold by
Brian Laughlin
Bought by
Exceptional Cashflow Llc
Current Estimated Value
$89,732

Purchase Details

Listed on
Mar 3, 2021
Closed on
Jun 10, 2021
Sold by
Hamell T Nigel
Bought by
Guthrie Jocelyn A and Laughlin Brian
Seller's Agent
Todd Harris
Harvest Homes Realty
Buyer's Agent
Justin Barton
Serenity Realty LLC
List Price
$39,900
Sold Price
$45,000
Premium/Discount to List
$5,100
12.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.28%

Purchase Details

Closed on
Oct 28, 2017
Sold by
Cox Allen
Bought by
Hamell T Nigel

Purchase Details

Closed on
Dec 8, 2006
Sold by
Cox Allen
Bought by
Cox Allen
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
Exceptional Cashflow Llc -- None Listed On Document
Guthrie Jocelyn A $40,000 None Available
Hamell T Nigel -- None Available
Cox Allen -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/16/2021 06/16/21 Sold $45,000 +12.8% $17 / Sq Ft
03/11/2021 03/11/21 Pending -- -- --
03/03/2021 03/03/21 For Sale $39,900 -- $15 / 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 $1,612 $32,600 $0 $0
2024 $1,612 $27,900 $0 $0
2023 $1,811 $22,100 $0 $0
2022 $2,131 $18,200 $0 $0
2021 $1,566 $15,400 $0 $0
2020 $1,566 $17,400 $0 $0
2019 $1,971 $16,200 $0 $0
2018 $1,362 $14,000 $0 $0
2017 $247 $13,000 $0 $0
2016 $1,488 $40,100 $0 $0
2015 $1,360 $13,600 $0 $0
2013 $1,335 $18,954 $0 $0
2010 -- $27,157 $969 $26,188
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2021

    Todd Harris

    Harvest Homes Realty

    (734) 772-4654

    2 in this area

    61 Total Sales

    Todd Harris
    Section Image

  • D

    Seller Co-Listing Agent in 2021

    Devina Goldsmith

    Harvest Homes Realty

    Section Image

  • J

    Buyer's Agent in 2021

    Justin Barton

    Serenity Realty LLC

    Section Image
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Map

Source: Realcomp

MLS Number: 2210013955

Realcomp

APN: 12-004600

Michigan Wayne County Detroit 48238 Oakman Boulevard Community

2942 Clements St, Detroit, MI

This home is located at 2942 Clements St, Detroit, MI 48238 since 03 March 2021 and is currently estimated at $89,732, approximately $33 per square foot. This property was built in 1926. 2942 Clements St is a home located in Wayne County with nearby schools including Thurgood Marshall Elementary-Middle School, Charles L. Spain Elementary-Middle School, and Edward 'Duke' Ellington Conservatory of Music and Art.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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