NOT LISTED FOR SALE

3034 Gray St Detroit, MI 48215

Riverbend Neighborhood

Estimated Value: $36,000 - $49,000

6 Beds
2 Baths
2,304 Sq Ft
$19/Sq Ft Est. Value

Last Sold November 20, 2023

Last sale price $40,000 $17 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $323/month

3 Days on Market

Highlights

  • Colonial Architecture
  • Forced Air Heating System
  • 4-minute walk to Algonquin-Goethe Playground
  • Cass Technical High School Rated 10
  • 1 Car Garage

About This Home

As of November 2023

Looking for a stellar investment? Well look no further. This VACANT multifamily property has so much opportunity for a handy homeowner, investor, or experienced house hacker. Featuring 2 units with 2 beds and 1 bath per unit. Such a perfect opportunity to build some long term equity in a great area that is up and coming. Property was about 60% renovated and someone broke in and stole all of the windows. This project can be completed for less than $25k. There is a huge profit in this for a seasoned investor. The Seller's loss is your gain. Let's make a deal on this before it's gone for good! CASH terms ONLY.

Last Agent to Sell the Property

David Rabior

Clyde Realty LLC License #6501406276 Listed on: 11/14/2023

Last Buyer's Agent

David Rabior

Clyde Realty LLC License #6501406276 Listed on: 11/14/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1922

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 35.00 x 122.00

Parking

  • 1 Car Garage

Home Design

  • Colonial Architecture
  • Block Foundation
  • Vinyl Construction Material

Interior Spaces

  • 2 Full Bathrooms
  • 2,304 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Utilities

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

Community Details

  • 2 Units
  • Daniel J Campaus Subdivision

Listing and Financial Details

  • Assessor Parcel Number W21I048540S

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$583

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Assessment: 340.00
  • Year Built: 1922
  • State Equalized Value: 22100.0000
  • Pets Allowed: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 2304
  • Total Sq Ft: 2304
  • Sq Ft Total Bsmt: 1152

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Foundation Materials: Block
  • Road Frontage Type: Paved

Garage/Parking

  • Garage: Yes
  • Total Parking Spaces: 1

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Sewer at Street
  • Water Source: Community

Schools

  • School District: Detroit

Lot Info

  • Lot Size Area: 0.10
  • Lot Dimensions: 35.00 x 122.00
  • Parcel Number: W21I048540S
  • Zoning: Multi-Family

Tax Info

  • Tax Amount Summer: 558.0000
  • Tax Amount Winter: 25.0000
  • Total Tax: 583.0000
  • Taxable Value: 2835.0000

Multi Family

  • Number Of Units Total: 2
  • Number of Three Bedroom Units: 2

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2023
Closed on
Nov 17, 2023
Sold by
Dagtag Mi I Llc
Bought by
Brown David
Seller's Agent
David Rabior
Clyde Realty LLC
Buyer's Agent
David Rabior
Clyde Realty LLC
List Price
$40,000
Sold Price
$40,000
Views
94
Current Estimated Value
$49,880

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,880
Avg. Annual Appreciation
4.50%

Purchase Details

Listed on
Mar 3, 2023
Closed on
May 16, 2023
Sold by
Telelov Properties Llc
Bought by
Dagtag Mi 1 Llc
Seller's Agent
Erica Coleman
Moving Forward Realty
Buyer's Agent
Joe Hammel
Keller Williams Somerset
List Price
$80,000
Sold Price
$62,500
Premium/Discount to List
-$17,500
-21.88%
Views
98

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-57.61%

Purchase Details

Closed on
Apr 26, 2021
Sold by
Laz Holdings Llc
Bought by
Telelov Properties Llc

Purchase Details

Closed on
Jan 29, 2021
Sold by
Culbreath Azzie L and Culbreath Robert I
Bought by
Wilson Annie R

Purchase Details

Closed on
Mar 19, 2019
Sold by
Wilson Annie R
Bought by
Wilson Annie R and Wilson Bridgete M
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
Brown David $40,000 None Listed On Document
Dagtag Mi 1 Llc $62,500 None Listed On Document
Telelov Properties Llc $51,500 Speedy T&E Services Llc
Wilson Annie R -- None Available
Wilson Annie R -- None Listed On Document
Laz Holdings Llc $7,200 None Available
Laz Holdings Llc $7,200 None Listed On Document
Wilson Annie R -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2023 11/20/23 Sold $40,000 0.0% $17 / Sq Ft
11/17/2023 11/17/23 Pending -- -- --
11/14/2023 11/14/23 For Sale $40,000 -36.0% $17 / Sq Ft
05/16/2023 05/16/23 Sold $62,500 -10.6% $27 / Sq Ft
04/28/2023 04/28/23 Pending -- -- --
04/12/2023 04/12/23 Price Changed $69,900 -2.2% $30 / Sq Ft
03/09/2023 03/09/23 Price Changed $71,500 -10.6% $31 / Sq Ft
03/03/2023 03/03/23 For Sale $80,000 -- $35 / 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 $2,202 $31,400 $0 $0
2024 $2,202 $27,900 $0 $0
2023 $558 $22,100 $0 $0
2022 $576 $20,400 $0 $0
2021 $568 $15,400 $0 $0
2020 $2,537 $20,000 $0 $0
2019 $541 $17,600 $0 $0
2018 $508 $14,900 $0 $0
2017 $46 $15,200 $0 $0
2016 $532 $2,500 $0 $0
2015 $250 $2,500 $0 $0
2013 $276 $2,762 $0 $0
2010 -- $4,050 $473 $3,577
Source: Public Records

Agents Affiliated with this Home

  • Erica Coleman

    Seller's Agent in 2023

    Erica Coleman

    Moving Forward Realty

    (248) 946-7900

    1 in this area

    43 Total Sales

    Section Image
  • David Rabior

    Seller's Agent in 2023

    David Rabior

    Clyde Realty LLC

    (586) 329-8618

    3 in this area

    359 Total Sales

    Section Image
  • Enrico Johnson

    Seller Co-Listing Agent in 2023

    Enrico Johnson

    Prestige Realty Services LLC

    (313) 717-4692

    3 in this area

    56 Total Sales

    Section Image
  • Joe Hammel

    Buyer's Agent in 2023

    Joe Hammel

    Keller Williams Somerset

    (330) 844-5209

    3 in this area

    1,009 Total Sales

    Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 20230097126

Realcomp

APN: 21-048540

Michigan Wayne County Detroit 48215 Riverbend

3034 Gray St, Detroit, MI

This home is located at 3034 Gray St, Detroit, MI 48215 since 14 November 2023 and is currently estimated at $43,149, approximately $18 per square foot. This property was built in 1922. 3034 Gray St is a home located in Wayne County with nearby schools including Carstens Academy of Aquatic Science, Edward 'Duke' Ellington Conservatory of Music and Art, and Charles L. Spain Elementary-Middle School.

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Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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