NOT LISTED FOR SALE

2948 Lothrop St Detroit, MI 48206

Wildemere Park Neighborhood

Estimated Value: $51,349 - $97,000

4 Beds
2.5 Baths
2,200 Sq Ft
$34/Sq Ft Est. Value

Last Sold May 11, 2018

Last sale price $32,000 $15 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $488/month

188 Days on Market

About This Home

As of May 2018

***WEST SIDE DETROIT BRICK DUPLEX CLOSE TO MIDTOWN AND BOSTON EDISON!!! CASH ONLY! SOLD AS IS! GREAT INVESTMENT OPPORTUNITY AND GREAT FOR FIRST TIME HOME BUYERS!

Last Agent to Sell the Property

David Daweood

Detroit Progress Realty LLC License #6501376926 Listed on: 09/30/2017

Last Buyer's Agent

David Daweood

Detroit Progress Realty LLC License #6501376926 Listed on: 09/30/2017

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1913

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 30x120

Home Design

  • Duplex
  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • 2,200 Sq Ft Home
  • 2-Story Property
  • Partially Finished Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units
  • Crosman & MC Kays Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number W12I001255S

Property Details

Home Type

Multi-Family

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 2 Story
  • Year Built: 1913
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Partially Finished
  • Sq Ft Combined: 3300
  • Sq Ft Lower Floor: 1100
  • Total Sq Ft: 2200
  • Sq Ft Total Bsmt: 1100

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Brick/Mortar
  • Frontage Feet: 30
  • Road Frontage Type: Paved

Utilities

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

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 400000.0000
  • Lot Size Area: 0.08
  • Lot Dimensions: 30x120
  • Parcel Number: W12I001255S
  • Zoning: Residential

Tax Info

  • Tax Amount Summer: 1285.0000
  • Tax Amount Winter: 140.0000
  • Total Tax: 1425.0000

Multi Family

  • Number Of Units Total: 2
  • Unit Count: 2
  • Number of Two Bedroom Units: 2

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2017
Closed on
May 11, 2018
Sold by
Usa Holdigns Llc
Bought by
Kocan Brenna Ruel
Seller's Agent
David Daweood
Detroit Progress Realty LLC
Buyer's Agent
David Daweood
Detroit Progress Realty LLC
List Price
$32,000
Sold Price
$32,000
Current Estimated Value
$74,587

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,587
Avg. Annual Appreciation
10.09%

Purchase Details

Closed on
Dec 3, 2016
Sold by
Wca 2016 Llc
Bought by
Usa Holdings Llc

Purchase Details

Closed on
Dec 1, 2016
Sold by
Sabree Eric R
Bought by
Wca2016 Llc

Purchase Details

Closed on
Jan 25, 2008
Sold by
Williams Burrell
Bought by
Richardson Christine

Purchase Details

Closed on
Jan 11, 2006
Sold by
Williams Rosa B
Bought by
Williams Rosa B
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
Kocan Brenna Ruel $32,000 Title Connect Llc
Usa Holdings Llc -- None Available
Wca2016 Llc $500 None Available
Richardson Christine -- None Available
Williams Rosa B -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Richardson Christine $16,640
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2018 05/11/18 Sold $32,000 0.0% $15 / Sq Ft
04/06/2018 04/06/18 Pending -- -- --
09/30/2017 09/30/17 For Sale $32,000 -- $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 $1,093 $30,100 $0 $0
2024 $1,093 $24,800 $0 $0
2023 $1,306 $20,100 $0 $0
2022 $1,385 $15,900 $0 $0
2021 $1,350 $11,900 $0 $0
2020 $1,350 $14,400 $0 $0
2019 $1,331 $11,200 $0 $0
2018 $1,041 $9,100 $0 $0
2017 $176 $9,300 $0 $0
2016 $1,425 $24,300 $0 $0
2015 $1,280 $12,800 $0 $0
2013 $1,781 $17,826 $0 $0
2010 -- $25,542 $660 $24,882
Source: Public Records

Agents Affiliated with this Home

  • David Daweood

    Seller's Agent in 2018

    David Daweood

    Detroit Progress Realty LLC

    (248) 722-7555

    1 in this area

    96 Total Sales

    David Daweood
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Map

Source: Realcomp

MLS Number: 217088642

Realcomp

APN: 12-001255

Michigan Wayne County Detroit 48206 Wildemere Park

2948 Lothrop St, Detroit, MI

This home is located at 2948 Lothrop St, Detroit, MI 48206 since 30 September 2017 and is currently estimated at $74,587, approximately $33 per square foot. This property was built in 1913. 2948 Lothrop St is a home located in Wayne County with nearby schools including Thirkell Elementary 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.

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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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