NOT LISTED FOR SALE

3051 Jacob St HamtraMcK, MI 48212

Estimated Value: $172,000 - $216,513

2 Beds
2 Baths
747 Sq Ft
$254/Sq Ft Est. Value

Last Sold May 11, 2015

Last sale price $21,200 $28 Per Sq Ft

Est. 796% increase in value since last sale

Current estimated payment $1,150/month

6 Days on Market

Highlights

  • 0.6 Acre Lot
  • Porch
  • Forced Air Heating System
  • Colonial Architecture

About This Home

As of May 2015

Great Investment Opportunity, Multi Family upper/lower unit each unit features 1 Bedroom, 1 Bathroom,with hardwood floors in Kitchen. Full Unfinished Common Basement. Close to Shopping and Veterans Park. There is a $75 buyer paid doc fee paid at closing.

Last Agent to Sell the Property

Melanie Lovati

Innovation Real Estate Specialists Inc. License #MISPE-6502370130 Listed on: 04/08/2015

Last Buyer's Agent

Debra Lysek

Arterra Realty Michigan LLC License #MISPE-6502386712

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,723

Year Built

  • Built in 1912

Lot Details

  • 0.6 Acre Lot
  • Lot Dimensions are 30x80

Home Design

  • Duplex
  • Colonial Architecture

Interior Spaces

  • 2-Story Property
  • Basement
  • Block Basement Construction

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 41-005-07-0051-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,723

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Originating MLS: MI Real Source
  • Class: MULTIFAMILY
  • Type: Duplex
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Styles: Colonial
  • Year Built: 1912
  • Special Features: 20
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Yes
  • Basement Type: Block
  • Bedrooms: 2
  • Bathroom Description: First Flr Bath Lav/Half, Second Flr Bath Lav/Half
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Source of Sq Ft: Assessors Data
  • Estimated Sq Ft: 747

Exterior Features

  • Construction: Aluminum
  • Exterior Features: Porch, Sidewalks
  • Frontage: 30
  • Foundation Type: Basement
  • Roads: Paved Street

Utilities

  • Water: Public Water At Street
  • Water Heater: Gas
  • Fuel Type: Natural Gas
  • Heating System: Forced Air
  • Separate Electric: Yes
  • Separate Gas: Yes
  • Separate Heat: Yes
  • Separate Water: Yes
  • Sewer/Septic System: Public At Street

Lot Info

  • Assessor Parcel Number: 41-005-07-0051-000
  • Location: Subdivision
  • Lot Dimensions: 30x80
  • Acreage: 0.6
  • Lot Description: Sidewalks
  • Zoning: Multi-Family
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2014, Amount: $1,351.00
  • Winter Tax: Year: 2014, Amount: $220.00

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Hamtramck Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2015
Closed on
Apr 27, 2015
Sold by
Onewest Bank Na
Bought by
Owb Reo Llc
Seller's Agent
Melanie Lovati
Innovation Real Estate Specialists Inc.
Buyer's Agent
Debra Lysek
Arterra Realty Michigan LLC
List Price
$17,000
Sold Price
$21,200
Premium/Discount to List
$4,200
24.71%
Current Estimated Value
$189,878

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,678
Avg. Annual Appreciation
23.94%

Purchase Details

Listed on
Apr 8, 2015
Closed on
Apr 2, 2015
Sold by
Owb Reo Llc
Bought by
Fadhel Edress
Seller's Agent
Melanie Lovati
Innovation Real Estate Specialists Inc.
Buyer's Agent
Debra Lysek
Arterra Realty Michigan LLC
List Price
$17,000
Sold Price
$21,200
Premium/Discount to List
$4,200
24.71%
Source: Public Records

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 Buyer Sale Price Title Company
Owb Reo Llc -- Servicelink
Fadhel Edress $21,200 Servicelink
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2015 05/11/15 Sold $21,200 +24.7% $28 / Sq Ft
04/14/2015 04/14/15 Pending -- -- --
04/08/2015 04/08/15 For Sale $17,000 -- $23 / Sq Ft
Source: Michigan Multiple Listing Service

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 $1,723 $81,200 $0 $0
2024 $1,723 $72,800 $0 $0
2023 $1,894 $63,500 $0 $0
2022 $1,666 $51,200 $0 $0
2021 $1,604 $43,100 $0 $0
2020 $1,591 $36,200 $0 $0
2019 $1,577 $27,900 $0 $0
2018 $1,253 $25,900 $0 $0
2017 $564 $24,800 $0 $0
2016 $1,697 $22,400 $0 $0
2015 $2,134 $21,500 $0 $0
2013 $2,067 $22,000 $0 $0
2012 $1,391 $24,600 $2,200 $22,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31236876

Michigan Multiple Listing Service

APN: 41-005-07-0051-000