NOT LISTED FOR SALE

29518 Joy Rd Livonia, MI 48150

Estimated Value: $192,000 - $281,000

4 Beds
2 Baths
1,940 Sq Ft
$123/Sq Ft Est. Value

Last Sold May 15, 2024

Last sale price $205,000 $106 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $1,500/month

68 Days on Market

About This Home

As of May 2024

This unique home is now available! The possibilities for this home are exponential. Live on the first level, rent the second level to make your mortgage payments! Formerly used as an Airbnb with over $3,500 a month potential income. This newly remodeled home has 2 separate entrances with two bedrooms and one bathroom on the upper and lower level. Both kitchens have been updated The bathrooms on each level are also recently updated. One furnace and one air conditioner with dual zone climate control. Two separate electric meters for each level. Plenty of parking available. Livonia schools! Call today for a showing!

Last Agent to Sell the Property

Jeff Glover

Keller Williams Professionals License #6502408794 Listed on: 04/24/2024

Keller Williams Professionals

Co-Listed By

Joseph Baran

Brookstone, REALTORS® License #6501327354

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,757

Year Built

  • Built in 1952

Lot Details

  • 3,006 Sq Ft Lot
  • Lot Dimensions are 30x33.40

Parking

  • 2 Parking Spaces

Home Design

  • Slab Foundation
  • Concrete Siding

Laundry

  • Laundry on main level

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,757

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1952
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 30x33.40
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: No
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Substructure:Slab: Yes
  • Laundry Features Main Level: Yes
  • Utilities Attached Natural Gas Connected: Yes
  • Util Avail at Street Natural Gas Available: Yes
  • Sewer:Public Sewer5: Yes
  • Water:Public Water4: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Slab
  • Basement: No

Exterior Features

  • Construction Materials: Block, Concrete
  • List Price: 239000.0
  • Number of Buildings: 1
  • Roof: Other
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Concrete: Yes

Garage/Parking

  • Total Parking Spaces: 2.0
  • General Property Info:Total Parking Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Laundry Features: Main Level
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available, Natural Gas Connected

Lot Info

  • Lot Size Acres: 0.07
  • Lot Size Area: 0.07
  • Lot Dimensions: 30x33.40
  • Lot Size Sq Ft: 3006.0

Rental Info

  • Owner Pays: None
  • Tenant Pays: None

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 4757.05
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 27, 2024
Sold by
Lebbos Andrew
Bought by
29518 Joy Llc
Current Estimated Value
$238,935

Purchase Details

Listed on
Apr 24, 2024
Closed on
May 15, 2024
Sold by
Sharafeddine Maher
Bought by
Lebbos Andrew
Seller's Agent
Jeff Glover
Keller Williams Professionals
List Price
$249,000
Sold Price
$205,000
Premium/Discount to List
-$44,000
-17.67%
Views
372

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.67%
Original Mortgage
$153,750
Interest Rate
6.06%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 4, 2020
Closed on
Jan 5, 2021
Sold by
4 Evergreen Properties Llc
Bought by
Sharafeddine Maher
Seller's Agent
Ron Targanski
National Realty Centers, Inc
Buyer's Agent
Imad Faraj
Empire Realty Group
List Price
$149,900
Sold Price
$130,000
Premium/Discount to List
-$19,900
-13.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.52%

Purchase Details

Closed on
Oct 20, 2011
Sold by
Wojtowicz Raymond J
Bought by
4 Evergreen Properties

Purchase Details

Closed on
Oct 25, 2006
Sold by
Sellers John and Sellers John L
Bought by
Ripple Micheal
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
29518 Joy Llc -- None Listed On Document
29518 Joy Llc -- None Listed On Document
Lebbos Andrew $205,000 None Listed On Document
Lebbos Andrew $205,000 None Listed On Document
Sharafeddine Maher $130,000 None Listed On Document
4 Evergreen Properties $14,000 None Available
Ripple Micheal $65,000 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lebbos Andrew $153,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/15/2024 05/15/24 Sold $205,000 -14.2% $106 / Sq Ft
04/28/2024 04/28/24 Pending -- -- --
03/15/2024 03/15/24 Price Changed $239,000 -4.0% $123 / Sq Ft
02/20/2024 02/20/24 For Sale $249,000 +91.5% $128 / Sq Ft
01/05/2021 01/05/21 Sold $130,000 -3.6% $67 / Sq Ft View Prior Sale
08/10/2020 08/10/20 Pending -- -- --
07/29/2020 07/29/20 Price Changed $134,900 -10.0% $70 / Sq Ft
07/04/2020 07/04/20 For Sale $149,900 0.0% $77 / Sq Ft
06/03/2019 06/03/19 Rented $650 -56.5% --
06/03/2019 06/03/19 Rented $1,495 +130.0% --
05/28/2019 05/28/19 Under Contract -- -- --
05/28/2019 05/28/19 Under Contract -- -- --
03/27/2019 03/27/19 Price Changed $650 -13.3% $1 / Sq Ft
03/02/2019 03/02/19 For Rent $750 -49.8% --
11/16/2018 11/16/18 For Rent $1,495 +113.6% --
07/28/2016 07/28/16 Rented $700 0.0% --
07/14/2016 07/14/16 Under Contract -- -- --
07/01/2016 07/01/16 For Rent $700 -3.4% --
04/08/2015 04/08/15 Rented $725 -2.0% --
03/05/2015 03/05/15 Under Contract -- -- --
10/24/2014 10/24/14 For Rent $740 -4.5% --
09/23/2014 09/23/14 Rented $775 0.0% --
09/15/2014 09/15/14 Under Contract -- -- --
09/04/2014 09/04/14 For Rent $775 +10.9% --
02/07/2014 02/07/14 Rented $699 +3.6% --
01/28/2014 01/28/14 Under Contract -- -- --
12/03/2013 12/03/13 For Rent $675 -12.9% --
05/23/2012 05/23/12 Rented $775 +3.3% --
05/22/2012 05/22/12 Under Contract -- -- --
05/09/2012 05/09/12 For Rent $750 -- --
Source: MichRIC

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 $3,001 $96,400 $0 $0
2024 $2,555 $90,600 $0 $0
2023 $2,430 $82,500 $0 $0
2022 $4,403 $74,300 $0 $0
2021 $1,960 $70,200 $0 $0
2019 $1,889 $56,900 $0 $0
2018 $931 $46,700 $0 $0
2017 $1,762 $35,500 $0 $0
2016 $1,786 $35,500 $0 $0
2015 $2,958 $32,980 $0 $0
2012 -- $28,000 $5,780 $22,220
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 24008342

MichRIC

APN: 46-140-01-0118-002