$27,000
SOLD JUL 10, 2014

305 Richton St Highland Park, MI 48203

4 Beds
4 Baths
3,120 Sq Ft
5,663 Sq Ft Lot

Recently Sold

$9 Per Sq Ft

36 Days on Market

About This Home

As of June 2020

TURN KEY INVESTOR DEAL. BRICK FOUR UNIT, WITH 1.5 BEDROOMS IN EACH UNIT. BUILDING IS IN GOOD CONDITION WITH SEPARATELY METERED ELECTRIC AND GAS METERS. FORCED AIR FURNACES INSTALLED FOR EACH UNIT. NEED 48 HOUR NOTICE TO SHOW. OFFER IS SUBJECT TO THIRD PARTY APPROVAL. Earnest Money Deposit to be HELD BY TITLE CO UPON SELLER ACCEPTANCE. Buyer is responsible for all required city inspections. Buyer to pay L/A $295

Last Agent to Sell the Property

Maureen Korthas

Michigan Premier Real Estate, LLC License #6502376900 Listed on: 05/05/2014

Last Buyer's Agent

Dean Eveslage

Century 21 Curran & Oberski License #6501204821

Century 21 Curran & Oberski

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1923

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 45.00x125.00

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 4 Full Bathrooms
  • 3,120 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Parking

  • Garage
  • On-Street Parking

Utilities

  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Sewer in Street

Community Details

  • 4 Units
  • Bessenger & Moore Sub H. Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 43018010044002

Property Details

Home Type

Multi-Family

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Quadruplex
  • Architecture Level: 2 Story
  • Year Built: 1923
  • Special Features: 12
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 3120
  • Total Sq Ft: 3120
  • Sq Ft Total Bsmt: 700

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Poured
  • Road Frontage Type: Paved

Garage/Parking

  • Garage: Yes
  • MF Parking: On Street

Utilities

  • Heating Fuel: Natural Gas
  • Sewer: Sewer at Street
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Schools

  • School District: Highland Park

Lot Info

  • List Price per Acre: 207692.3077
  • Lot Size Area: 0.13
  • Lot Dimensions: 45.00X125.00
  • Parcel Number: 43018010044002
  • Zoning: Multi-Family

Rental Info

  • Rent Includes: Trash Collection (Garbage Pickup), Water/Sewer
  • Monthly Rental Income: 1600

Tax Info

  • Tax Amount Summer: 1487.0000
  • Tax Amount Winter: 292.0000
  • Total Tax: 1779.0000

Multi Family

  • Gross Scheduled Income: 19500.00
  • Number Of Units Total: 4
  • Number of One Bedroom Units: 4
  • Number Of Units Leased: 3

MLS Schools

  • School District: Highland Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 19, 2020
Sold by
Haspil Patrice
Bought by
F And P Holdings Llc
Current Estimated Value
$179,109

Purchase Details

Closed on
Nov 14, 2020
Sold by
Haspil Patrice
Bought by
F And P Holdings Llc

Purchase Details

Listed on
Sep 30, 2019
Closed on
Jun 12, 2020
Sold by
Giannopoulos Peter
Bought by
Haspil Patrice
Seller's Agent
Samia Kabbani
ARG Realty
Buyer's Agent
Janet Graham
Howard Hanna Franklin
List Price
$119,900
Sold Price
$95,000
Premium/Discount to List
-$24,900
-20.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.73%
Original Mortgage
$63,000
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 20, 2015
Closed on
Nov 2, 2015
Sold by
J Chapman Holdings Llc
Bought by
Giannopoulos Peter
Seller's Agent
Dean Eveslage
Century 21 Curran & Oberski
Buyer's Agent
Nyota Ellis
Century 21 Curran & Oberski
List Price
$47,500
Sold Price
$36,000
Premium/Discount to List
-$11,500
-24.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.48%

Purchase Details

Closed on
Dec 22, 2014
Sold by
Chapman Jacob
Bought by
J Chapman Holdings Llc

Purchase Details

Listed on
May 5, 2014
Closed on
Jul 11, 2014
Sold by
Carr Andre L
Bought by
Chapman Jacob
Seller's Agent
Maureen Korthas
Michigan Premier Real Estate, LLC
Buyer's Agent
Dean Eveslage
Century 21 Curran & Oberski
List Price
$27,000
Sold Price
$27,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.92%
Source: Public Records

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Range of Values:

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Average Value
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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 Type Sale Price Title Company
Quit Claim Deed -- None Available
Quit Claim Deed -- None Listed On Document
Warranty Deed $95,000 None Available
Warranty Deed $36,000 Title One Inc
Interfamily Deed Transfer -- Title Connect Llc
Warranty Deed $27,000 Title Connect Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $63,000 New Conventional
Previous Owner $68,000 Stand Alone First
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2020 06/12/20 Sold $95,000 -16.7% $30 / Sq Ft
01/23/2020 01/23/20 Pending -- -- --
01/22/2020 01/22/20 Price Changed $114,000 -0.8% $37 / Sq Ft
01/05/2020 01/05/20 Price Changed $114,900 -4.2% $37 / Sq Ft
11/18/2019 11/18/19 For Sale $119,900 0.0% $38 / Sq Ft
10/17/2019 10/17/19 Pending -- -- --
09/30/2019 09/30/19 For Sale $119,900 +233.1% $38 / Sq Ft
11/06/2015 11/06/15 Sold $36,000 -24.2% $12 / Sq Ft
10/19/2015 10/19/15 Pending -- -- --
06/20/2015 06/20/15 For Sale $47,500 +75.9% $15 / Sq Ft
07/10/2014 07/10/14 Sold $27,000 0.0% $9 / Sq Ft
06/10/2014 06/10/14 Pending -- -- --
05/05/2014 05/05/14 For Sale $27,000 -- $9 / 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 $1,690 $47,400 $0 $0
2024 $1,690 $46,400 $0 $0
2023 $1,620 $39,900 $0 $0
2022 $1,851 $29,000 $0 $0
2021 $1,814 $20,200 $0 $0
2019 $1,531 $17,400 $0 $0
2018 $1,296 $15,400 $0 $0
2017 $480 $15,200 $0 $0
2016 $1,841 $16,900 $0 $0
2015 $2,090 $20,900 $0 $0
2013 $1,919 $29,900 $0 $0
2012 $1,305 $32,500 $3,500 $29,000
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2020

    Samia Kabbani

    ARG Realty

    (313) 429-3244

    Samia Kabbani
    Section Image
  • Janet Graham

    Buyer's Agent in 2020

    Janet Graham

    Howard Hanna Franklin

    (248) 672-4966

    123 Total Sales

    Janet Graham
    Section Image
  • Dean Eveslage

    Seller's Agent in 2015

    Dean Eveslage

    Century 21 Curran & Oberski

    (313) 610-0334

    14 Total Sales

    Dean Eveslage
    Section Image

  • N

    Buyer's Agent in 2015

    Nyota Ellis

    Century 21 Curran & Oberski

    (313) 274-1700

    Nyota Ellis
    Section Image
  • Maureen Korthas

    Seller's Agent in 2014

    Maureen Korthas

    Michigan Premier Real Estate, LLC

    (248) 802-9494

    24 Total Sales

    Maureen Korthas
    Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 214041943

Realcomp

APN: 43-018-01-0044-002

Michigan Wayne County Highland Park 48203

305 Richton St, Highland Park, MI

This home is located at 305 Richton St, Highland Park, MI 48203 and is currently priced at $27,000, approximately $8 per square foot. This property was built in 1923. 305 Richton St is a home located in Wayne County with nearby schools including Barber Elementary School, New Paradigm Glazer Academy, and George Washington Carver Elementary School.

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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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