NOT LISTED FOR SALE

2963 Gladwin Ct Wayne, MI 48184

Estimated Value: $124,000 - $225,000

4 Beds
2 Baths
1,728 Sq Ft
$106/Sq Ft Est. Value

Last Sold February 06, 2020

Last sale price $75,000 $43 Per Sq Ft

Est. 145% increase in value since last sale

Current estimated payment $1,305/month

44 Days on Market

About This Home

As of February 2020

Great income producing property. Both units are currently rented. Well kept property. Great ROI. Do not disturb tenants. No interior showings until offer is accepted. This property could be sold separetely or in package deal. Other addresses include 2957 Gladwin, 5626 Gulley in Dearborn Heights & 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 75.20x102.20

Home Design

  • Duplex
  • Slab Foundation
  • Poured Concrete
  • Vinyl Construction Material

Interior Spaces

  • 2 Full Bathrooms
  • 1,728 Sq Ft Home
  • 2-Story Property

Parking

  • Garage
  • Assigned Parking

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 55001030590000

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: 40000.0000
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Sq Ft Combined: 1728
  • Total Sq Ft: 1728

Exterior Features

  • Foundation Details: Slab
  • 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 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: 75.20X102.20
  • Parcel Number: 55001030590000
  • Zoning: Multi-Family

Tax Info

  • Tax Amount Summer: 2099.0000
  • Tax Amount Winter: 334.0000
  • Total Tax: 2433.0000
  • Taxable Value: 33068.0000

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
Bought by
Naczas David
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
$183,413

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,413
Avg. Annual Appreciation
16.99%
Original Mortgage
$56,250
Outstanding Balance
$49,805
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$133,608

Purchase Details

Closed on
Jun 25, 2004
Sold by
Monarch Investment Co
Bought by
Patterson Robert John

Purchase Details

Closed on
May 1, 2003
Sold by
Schiffer Cindy L
Bought by
Monarch Investment Co

Purchase Details

Closed on
Dec 20, 2001
Sold by
Contimortgage Corp
Bought by
Schiffer Cindy L
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
Naczas David $75,000 Title One Inc
Patterson Robert John -- Great Lakes Title Of Mi
Monarch Investment Co $45,000 Great Lakes Title Of Michiga
Schiffer Cindy L $23,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Naczas David $56,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/06/2020 02/06/20 Sold $75,000 -11.7% $43 / Sq Ft
12/12/2019 12/12/19 Pending -- -- --
10/29/2019 10/29/19 For Sale $84,900 +304.3% $49 / Sq Ft
02/01/2013 02/01/13 Sold $21,000 -38.1% $12 / Sq Ft View Prior Sale
01/25/2013 01/25/13 Pending -- -- --
11/19/2012 11/19/12 For Sale $33,900 -- $20 / 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 $4,036 $77,500 $0 $0
2024 $4,036 $77,200 $0 $0
2023 $3,850 $61,700 $0 $0
2022 $4,184 $57,300 $0 $0
2021 $4,111 $55,800 $0 $0
2020 $3,034 $49,400 $0 $0
2019 $2,205 $43,800 $0 $0
2018 $2,099 $40,000 $0 $0
2017 $603 $39,500 $0 $0
2016 $2,427 $38,700 $0 $0
2015 $3,200 $35,000 $0 $0
2013 $4,080 $40,800 $0 $0
2012 -- $41,600 $11,000 $30,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 219111084

Realcomp

APN: 55-001-03-0590-000