NOT LISTED FOR SALE

2957 Gladwin Ct Wayne, MI 48184

Estimated Value: $142,000 - $209,000

4 Beds
2 Baths
1,778 Sq Ft
$97/Sq Ft Est. Value

Last Sold February 06, 2020

Last sale price $75,000 $42 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $1,288/month

44 Days on Market

About This Home

As of February 2020

Great income producing property. Both units are currently rented. Well kept property. Nice ROI. Do not disturb tenants. No interior showings until offer accepted. Property could be sold separately or in package deal. Other address include 2963 Gladwin. Also, 5626 Gulley in Dearborn Heights and 17180 Lennane in Redford

Last Agent to Sell the Property

Lee Newberry

KW Professionals License #6501294538 Listed on: 10/29/2019

KW Professionals

Last Buyer's Agent

Lee Newberry

KW Professionals License #6501294538 Listed on: 10/29/2019

KW Professionals

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1942

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 109.10x113.30

Home Design

  • Duplex
  • Poured Concrete
  • Vinyl Construction Material

Interior Spaces

  • 2 Full Bathrooms
  • 1,778 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Parking

  • Garage
  • Assigned Parking

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 55001030589000

Community Details

Overview

  • 2 Units
  • Norwayne Sub No 5 Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 2 Story
  • Assessment: 69.46
  • Year Built: 1942
  • State Equalized Value: 40200.0000
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Sq Ft Combined: 1778
  • Total Sq Ft: 1778

Exterior Features

  • Foundation Details: Crawl
  • Construction Materials: Vinyl
  • Foundation Materials: Poured
  • Road Frontage Type: Paved

Garage/Parking

  • MF Parking: Assigned Spaces, Garages

Utilities

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

Schools

  • School District: Wayne-Westland

Lot Info

  • List Price per Acre: 369130.4348
  • Lot Size Area: 0.23
  • Lot Dimensions: 109.10X113.30
  • Parcel Number: 55001030589000
  • Zoning: Multi-Family

Rental Info

  • Legal Rental Certified: Yes

Tax Info

  • Tax Amount Summer: 2145.0000
  • Tax Amount Winter: 340.0000
  • Total Tax: 2485.0000
  • Taxable Value: 33789.0000

Multi Family

  • Number Of Units Total: 2
  • Number of Two Bedroom Units: 2
  • Number Of Units Leased: 2

MLS Schools

  • School District: Wayne-Westland

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2019
Closed on
Feb 6, 2020
Sold by
Harfouch Chawki Fouad
Bought by
Coe Roger
Seller's Agent
Lee Newberry
KW Professionals
Buyer's Agent
Lee Newberry
KW Professionals
List Price
$84,900
Sold Price
$75,000
Premium/Discount to List
-$9,900
-11.66%
Current Estimated Value
$172,493

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,493
Avg. Annual Appreciation
16.11%
Original Mortgage
$56,250
Outstanding Balance
$50,332
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$118,973

Purchase Details

Closed on
Mar 1, 2010
Sold by
Cherry Brandon S and Cherry Melissa G
Bought by
Quadrant Residential Capital Iv Lp

Purchase Details

Closed on
Apr 18, 2005
Sold by
Boehme William and Boehme Mary
Bought by
Cherry Brandon S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.75%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 20, 2004
Sold by
Boehme Opal W
Bought by
Boehme William

Purchase Details

Closed on
Aug 27, 2001
Sold by
Reilly Linda
Bought by
Boehme Opal W
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
Coe Roger $75,000 Title One Inc
Quadrant Residential Capital Iv Lp $102,895 None Available
Cherry Brandon S $100,000 Great Lakes Title Of Mi
Boehme William -- Multiple
Boehme Opal W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coe Roger $56,250
Previous Owner Cherry Brandon S $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/06/2020 02/06/20 Sold $75,000 -11.7% $42 / Sq Ft
12/12/2019 12/12/19 Pending -- -- --
10/29/2019 10/29/19 For Sale $84,900 -- $48 / 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 $3,994 $75,800 $0 $0
2023 $3,809 $60,800 $0 $0
2022 $4,140 $56,700 $0 $0
2021 $4,068 $55,200 $0 $0
2020 $3,099 $49,700 $0 $0
2019 $2,253 $44,000 $0 $0
2018 $2,145 $40,200 $0 $0
2017 $613 $39,700 $0 $0
2016 $2,478 $38,900 $0 $0
2015 $3,270 $35,300 $0 $0
2013 $3,870 $40,200 $0 $0
2012 -- $40,900 $12,300 $28,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 219111083

Realcomp

APN: 55-001-03-0589-000