NOT LISTED FOR SALE

2969 Devondale Rd Rochester Hills, MI 48309

Estimated Value: $199,000 - $265,000

4 Beds
2 Baths
1,600 Sq Ft
$151/Sq Ft Est. Value

Last Sold August 25, 2020

Last sale price $179,000 $112 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $1,520/month

5 Days on Market

Highlights

  • Forced Air Heating System
  • Private Entrance
  • Laundry Facilities

About This Home

As of August 2020

***MULTIPLE OFFERS - HIGHEST & BEST DUE WED, JULY 22 AT 1PM***ROCH HILLS DUPLEX-GREAT INCOME PROPERTY OPPORTUNITY! UNITS HAVE SEPARATE ENTRANCES & ARE LEASED. EACH UNIT HAS LIV RM, LARGE KITCHEN W/ EAT AREA; & TWO BEDRMS & FULL BTH UPSTAIRS. ELEC STOVE/OVEN, FRIDGE & DW INCL W/ EACH UNIT. THE BUILDING HAS COMMON UTIL/MECH RM W/ LOCKED ACCESS. EACH UNIT HAS DEDICATED FURNACE, HW HEATER, STACKED WASHER/DRYER (1 NEW IN 10/19), & OUTSIDE ITS OWN STORAGE SHED. UPDATED PLUMBING. WINDOW A/C UNITS ARE OWNED BY TENANTS. TENANTS PAY GAS & ELEC; OWNER PAYS FOR WATER & IS REIMBURSED BY TENANTS. A THIRD SHED IN SPACIOUS YARD STORES SNOW BLOWER & MOWER, ALL ARE INCLUDED. OWNER PAYS FOR GARBAGE. PARKING IS GENERAL W/ PLENTY OF SPACE. EASY ACCESS TO M-59 AND I-75. ROOF IN 2014 PER PREVIOUS OWNER. COPIES OF LEASES AND FINANCIALS PROVIDED DURING DUE DILIGENCE. IN RESPECT TO TENANTS, OWNER REQUESTS NO SHOWINGS UNTIL ACCEPTED OFFER. VIRTUAL TOUR AVAILABLE TO QUALIFIED BUYERS INCL INTERIOR OF FRONT UNIT.

Last Agent to Sell the Property

David McCafferty

Real Estate One-Rochester License #6501282160 Listed on: 07/17/2020

Real Estate One-Rochester

Last Buyer's Agent

Mike Blake

Epique Inc. License #6502432626

Epique Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1945

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 66.00x330.00
  • Private Entrance

Home Design

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

Interior Spaces

  • 2 Full Bathrooms
  • 1,600 Sq Ft Home
  • 2-Story Property

Parking

  • Paved Parking
  • Unassigned Parking

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 1529452023

Community Details

Overview

  • 2 Units
  • Suprvr's Plat No 9 Rochester Hills Subdivision

Amenities

  • Laundry Facilities

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,034

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 2 Story
  • Year Built: 1945
  • State Equalized Value: 64570.0000
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, Laundry Facility
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Sq Ft Combined: 1600
  • Total Sq Ft: 1600

Exterior Features

  • Foundation Details: Slab
  • Construction Materials: Vinyl
  • Exclusions: Yes
  • Exterior Features: Outside Lighting, Private Entry
  • Foundation Materials: Poured
  • Frontage Feet: 66
  • Road Frontage Type: Pub. Sidewalk

Garage/Parking

  • MF Parking: Paved, Unassigned/General

Utilities

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

Schools

  • School District: Avondale

Lot Info

  • List Price per Acre: 359800.0000
  • Lot Size Area: 0.50
  • Lot Dimensions: 66.00X330.00
  • Parcel Number: 1529452023
  • Zoning: Residential

Rental Info

  • Rent Includes: Garbage Pickup
  • Monthly Rental Income: 1565

Tax Info

  • Tax Amount Summer: 1623.0000
  • Tax Amount Winter: 1411.0000
  • Total Tax: 3034.0000
  • Taxable Value: 58210.0000

Multi Family

  • Gross Scheduled Income: 18780.00
  • Number Of Units Total: 2
  • Unit Count: 2
  • Number of Two Bedroom Units: 2
  • Number Of Units Leased: 2

MLS Schools

  • School District: Avondale

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 6, 2021
Sold by
Katich Investments Llc
Bought by
Katich Matthew T
Total Days on Market
5
Current Estimated Value
$241,151

Purchase Details

Listed on
Jul 17, 2020
Closed on
Aug 25, 2020
Sold by
Home 4 U Llc
Bought by
Katich Investments Llc
Seller's Agent
David McCafferty
Real Estate One-Rochester
Buyer's Agent
Mike Blake
Epique Inc.
List Price
$179,900
Sold Price
$179,000
Premium/Discount to List
-$900
-0.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.84%

Purchase Details

Listed on
Feb 23, 2016
Closed on
May 28, 2016
Sold by
Guglielmini Marco and Sizzi Francesca
Bought by
Home-4U Llc
Seller's Agent
David McCafferty
Real Estate One-Rochester
Buyer's Agent
Connie LaBarge Thomas
RE/MAX First
Sold Price
$800

Purchase Details

Listed on
Jul 21, 2014
Closed on
Oct 17, 2014
Sold by
Morell Enterprises Llc and Morell Louise I
Bought by
Guglielmini Marco and Sizzi Francesca
Seller's Agent
Mike Galinac
Exact Match Properties
Buyer's Agent
David McCafferty
Real Estate One-Rochester
List Price
$139,900
Sold Price
$123,000
Premium/Discount to List
-$16,900
-12.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.71%

Purchase Details

Closed on
Mar 22, 2000
Sold by
John R Morell Tr
Bought by
Morell Enterprises
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
Katich Matthew T -- None Available
Katich Investments Llc $179,000 None Available
Home-4U Llc -- None Available
Guglielmini Marco $123,000 None Available
Morell Enterprises -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Katich Matthew T $125,930
Closed Katich Matthew T $125,930
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2020 08/25/20 Sold $179,000 -0.5% $112 / Sq Ft
07/23/2020 07/23/20 Pending -- -- --
07/17/2020 07/17/20 For Sale $179,900 0.0% $112 / Sq Ft
10/01/2019 10/01/19 Rented $825 0.0% --
09/12/2019 09/12/19 Under Contract -- -- --
08/26/2019 08/26/19 Price Changed $825 -4.1% $1 / Sq Ft
06/23/2019 06/23/19 For Rent $860 +7.5% --
06/14/2016 06/14/16 Rented $800 0.0% --
05/27/2016 05/27/16 Under Contract -- -- --
02/23/2016 02/23/16 For Rent $800 +6.7% --
01/31/2015 01/31/15 Rented $750 -9.6% --
01/31/2015 01/31/15 Under Contract -- -- --
10/26/2014 10/26/14 For Rent $830 0.0% --
10/17/2014 10/17/14 Sold $123,000 -12.1% $77 / Sq Ft
10/01/2014 10/01/14 Pending -- -- --
07/21/2014 07/21/14 For Sale $139,900 -- $87 / 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
2022 $2,282 $78,720 $0 $0
2018 $2,966 $58,940 $0 $0
2017 $2,907 $57,000 $0 $0
2015 -- $55,040 $0 $0
2014 -- $52,090 $0 $0
2011 -- $48,910 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2200056018

Realcomp

APN: 15-29-452-023