NOT LISTED FOR SALE

2962 Trowbridge St HamtraMcK, MI 48212

Estimated Value: $200,000 - $275,000

4 Beds
2 Baths
1,800 Sq Ft
$136/Sq Ft Est. Value

Last Sold December 28, 2018

Last sale price $98,000 $54 Per Sq Ft

Est. 150% increase in value since last sale

Current estimated payment $1,485/month

30 Days on Market

About This Home

As of December 2018

Investor special/ Multi family with both occupied units. Total rent $1,400 a month.

Last Agent to Sell the Property

Omar Ghazzawi

Keller Williams Legacy License #6501370114 Listed on: 10/31/2018

Keller Williams Legacy

Last Buyer's Agent

Kim Nguyen

Crown Real Estate Group License #6501413482

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,556

Year Built

  • Built in 1920

Home Design

  • Brick Foundation
  • Vinyl Construction Material

Interior Spaces

  • 2 Full Bathrooms
  • 1,800 Sq Ft Home
  • 2-Story Property
  • Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Sewer in Street

Community Details

  • 2 Units
  • John M Dwyer Subdivision

Listing and Financial Details

  • Assessor Parcel Number 41006020091000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,556

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Sq Ft Combined: 1800
  • Total Sq Ft: 1800
  • Sq Ft Total Bsmt: 900

Exterior Features

  • Foundation Details: Basement, Michigan Basement
  • Construction Materials: Aluminum, Vinyl
  • Foundation Materials: Brick/Mortar
  • Road Frontage Type: Paved

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Sewer at Street
  • Water Source: Water at Street
  • Laundry Facilities: No

Schools

  • School District: Hamtramck

Lot Info

  • Lot Dimensions: 0x0x0x0x0x0
  • Parcel Number: 41006020091000
  • Zoning: Multi-Family

Rental Info

  • Legal Rental Certified: Yes
  • Monthly Rental Income: 1400

Tax Info

  • Tax Amount Summer: 1556.0000
  • Total Tax: 1556.0000

Multi Family

  • Gross Scheduled Income: 16800.00
  • Number Of Units Total: 2
  • Number of Two Bedroom Units: 2
  • Number Of Units Leased: 2

MLS Schools

  • School District: Hamtramck

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2018
Closed on
Dec 28, 2018
Sold by
Ahmed Ziyaad and Ahmed Yasmin
Bought by
Rahman Foyzur and Rahman Shalina
Seller's Agent
Omar Ghazzawi
Keller Williams Legacy
Buyer's Agent
Kim Nguyen
Crown Real Estate Group
List Price
$109,900
Sold Price
$98,000
Premium/Discount to List
-$11,900
-10.83%
Current Estimated Value
$244,621

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,621
Avg. Annual Appreciation
13.89%

Purchase Details

Closed on
May 16, 2016
Sold by
Ahmed Ziyaad
Bought by
Ahmed Ziyaad and Ahmed Yasmin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 2, 2010
Sold by
Azfar Ali and Tabasum Naghma
Bought by
Petrevski Consulting Inc

Purchase Details

Closed on
Jul 21, 2010
Sold by
Azfar Ali
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 7, 2007
Sold by
Hyder Sultan and Hyder Parveen
Bought by
Azfar Ali

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,050
Interest Rate
6.2%
Mortgage Type
Unknown
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
Rahman Foyzur $98,000 Leading Edge Title Agency
Ahmed Ziyaad -- None Available
Ahmed Ziyaad $60,000 Madison Settlement Svcs Llc
Petrevski Consulting Inc $23,800 Title Connect Llc
Federal National Mortgage Association $15,000 None Available
Azfar Ali $65,000 Clinton Valley Title Agency
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2018 12/28/18 Sold $98,000 -10.8% $54 / Sq Ft
11/30/2018 11/30/18 Pending -- -- --
10/31/2018 10/31/18 For Sale $109,900 0.0% $61 / Sq Ft
03/07/2015 03/07/15 Rented $600 0.0% --
02/07/2015 02/07/15 Under Contract -- -- --
10/05/2014 10/05/14 For Rent $600 -- --
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 $2,252 $108,000 $0 $0
2024 $2,252 $95,500 $0 $0
2023 $2,529 $79,800 $0 $0
2022 $2,200 $69,600 $0 $0
2021 $2,443 $55,900 $0 $0
2020 $2,423 $46,700 $0 $0
2019 $2,728 $35,900 $0 $0
2018 $1,589 $27,500 $0 $0
2017 $613 $24,500 $0 $0
2016 $1,599 $22,100 $0 $0
2015 $2,100 $21,000 $0 $0
2013 $2,130 $21,300 $0 $0
2012 $1,627 $23,800 $2,400 $21,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 218105985

Realcomp

APN: 41-006-02-0091-000