$100,000
SOLD SEP 24, 2024
8 Beds
4 Baths
4,144 Sq Ft
6,534 Sq Ft Lot

Recently Sold

$24 Per Sq Ft

13% Below List Price

27 Days on Market

Highlights

  • Covered patio or porch
  • Cass Technical High School Rated 10
  • Forced Air Heating System

About This Home

As of April 2025

This is an amazing investment opportunity you won't want to miss! This spacious multi-family property offers plenty of room and endless potential for savvy investors. Located in a highly convenient area, it's perfect for those looking to maximize rental income or create a versatile living space. Seize the opportunity to invest in a property with so much potential.

Last Agent to Sell the Property

J’Donovan Smith

Golden Key Realty Group LLC License #6501406934 Listed on: 08/27/2024

Last Buyer's Agent

J’Donovan Smith

Golden Key Realty Group LLC License #6501406934 Listed on: 08/27/2024

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1924

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 53.00 x 119.00
  • Property fronts a private road

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Brick Foundation
  • Block Foundation

Interior Spaces

  • 4 Full Bathrooms
  • 4,144 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Outdoor Features

  • Covered patio or porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number W12I004613S

Community Details

Overview

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

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Quadruplex
  • Architecture Level: 2 Story
  • Assessment: 240.00
  • Year Built: 1924
  • State Equalized Value: 38100.0000
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 4144
  • Total Sq Ft: 4144
  • Sq Ft Total Bsmt: 2072

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block, Brick/Mortar
  • Frontage Feet: 53
  • Porch Type: Porch - Covered, Porch, Covered
  • Road Frontage Type: Paved, Private

Utilities

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

Schools

  • School District: Detroit

Lot Info

  • Lot Size Area: 0.15
  • Lot Dimensions: 53.00 x 119.00
  • Parcel Number: W12I004613S
  • Zoning: Multi-Family

Tax Info

  • Tax Amount Summer: 2344.0000
  • Tax Amount Winter: 257.0000
  • Total Tax: 2601.0000
  • Taxable Value: 27332.0000

Multi Family

  • Number Of Units Total: 4
  • Number of Two Bedroom Units: 4

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2025
Closed on
Apr 23, 2025
Sold by
Bburns Property Llc and Bburns Property
Bought by
Horride Derek
Seller's Agent
Marta Kopania
Downtown Realty
Buyer's Agent
Marta Kopania
Downtown Realty
List Price
$350,000
Sold Price
$306,000
Premium/Discount to List
-$44,000
-12.57%
Views
80

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-59.36%
Original Mortgage
$229,500
Outstanding Balance
$229,299
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$19,462

Purchase Details

Listed on
Aug 27, 2024
Closed on
Sep 24, 2024
Sold by
Sikui Housing Group 2 Llc
Bought by
Bbums Property
Seller's Agent
J’Donovan Smith
Golden Key Realty Group LLC
Buyer's Agent
J’Donovan Smith
Golden Key Realty Group LLC
List Price
$114,900
Sold Price
$100,000
Premium/Discount to List
-$14,900
-12.97%
Views
41

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
587.78%

Purchase Details

Closed on
Oct 3, 2023
Sold by
Sikui Housing Group 2 Llc
Bought by
Milling Shamel

Purchase Details

Closed on
Mar 8, 2019
Sold by
Detroit Housing Fund
Bought by
Sikui Housing Group 2 Llc

Purchase Details

Closed on
Nov 9, 2018
Sold by
Harvey Terry
Bought by
American Strategic Investments Llc

Purchase Details

Closed on
Aug 6, 2009
Sold by
Donovan Shaun
Bought by
Harvey Terry

Purchase Details

Closed on
Jan 28, 2008
Sold by
Citimortgage Inc
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Jul 26, 2007
Sold by
Burris Eric W and Burris Cerise J
Bought by
Citimortgage Inc
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $306,000 Old Woodward Title
Warranty Deed $100,000 Speedy Title & Escrow Services
Warranty Deed $100,000 Speedy Title & Escrow Services
Quit Claim Deed $3,500 None Listed On Document
Warranty Deed $100,000 None Available
Warranty Deed $62,500 None Available
Warranty Deed $72,500 None Available
Deed $3,150 None Available
Warranty Deed -- None Available
Sheriffs Deed $49,747 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $229,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2025 04/23/25 Sold $306,000 +3.7% $74 / Sq Ft
03/28/2025 03/28/25 Pending -- -- --
03/25/2025 03/25/25 Price Changed $295,000 -1.7% $71 / Sq Ft
03/11/2025 03/11/25 Price Changed $299,995 -7.7% $72 / Sq Ft
03/02/2025 03/02/25 Price Changed $325,000 -5.8% $78 / Sq Ft
02/21/2025 02/21/25 Price Changed $345,000 -1.4% $83 / Sq Ft
02/12/2025 02/12/25 For Sale $350,000 +250.0% $84 / Sq Ft
09/24/2024 09/24/24 Sold $100,000 -13.0% $24 / Sq Ft
09/23/2024 09/23/24 Pending -- -- --
08/27/2024 08/27/24 For Sale $114,900 -- $28 / 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
2024 $3,881 $48,200 $0 $0
2023 $2,344 $38,100 $0 $0
2022 $2,515 $29,900 $0 $0
2021 $2,540 $25,200 $0 $0
2020 $2,762 $28,500 $0 $0
2019 $1,653 $26,600 $0 $0
2018 $1,371 $23,500 $0 $0
2017 $249 $22,000 $0 $0
2016 $1,497 $68,200 $0 $0
2015 $1,370 $13,700 $0 $0
2013 $1,736 $19,051 $0 $0
2010 -- $27,297 $1,467 $25,830
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20240064013

Realcomp

APN: 12-004613