$168,000
SOLD SEP 29, 2021
3 Beds
6 Baths
1,554 Sq Ft
0.3 Acres

Recently Sold

$108 Per Sq Ft

4% Below List Price

60 Days on Market

Highlights

  • 0.3 Acre Lot
  • Covered patio or porch
  • Ceiling Fan
  • Colonial Architecture
  • Awning
  • Hot Water Heating System

About This Home

As of November 2022

Excellent investment opportunity located a block off of Jefferson near restaurants, coffee shops, and night life. This property is centrally located close to it all in down-town Trenton. Well maintained and nicely landscaped, 3 unit, multi family home 4 blocks away from the Detroit River. Large, double lot with newer roof and updated foundation, this property has long term tenants on month to month leases. Each unit has it's own electric meter. Owned by a local Trenton family for nearly 50 years, this is a rare opportunity to own a great income producing property!

Last Agent to Sell the Property

Perry Rue

Real Estate One-Milford License #6501408411 Listed on: 07/07/2021

Real Estate One-Milford

Last Buyer's Agent

Josie Watkowski

Real Estate One-Trenton License #6501224822

Real Estate One-Trenton

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1890

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 98.00x134.00

Parking

  • On-Street Parking

Home Design

  • Colonial Architecture
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 1,554 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Awning
  • Crawl Space

Outdoor Features

  • Covered patio or porch

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Natural Gas Water Heater
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 54014030314000

Community Details

Overview

  • 3 Units
  • Assr's Trenton Plat No 3 Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,109

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1890
  • State Equalized Value: 69300.0000
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: High Spd Internet Avail
  • Total Bathrooms: 3.30
  • Full Bathrooms: 3
  • Half Bathrooms: 3
  • Sq Ft Combined: 1554
  • Total Sq Ft: 1554

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Crawl
  • Construction Materials: Aluminum
  • Exterior Features: Awning/Overhang(s)
  • Foundation Materials: Block
  • Porch Type: Porch - Covered, Porch
  • Road Frontage Type: Paved

Garage/Parking

  • MF Parking: On Street

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s)
  • Heating: Hot Water, Radiant
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)

Schools

  • School District: Trenton

Lot Info

  • Lot Size Area: 0.30
  • Lot Dimensions: 98.00X134.00
  • Parcel Number: 54014030314000
  • Zoning: Residential

Rental Info

  • Monthly Rental Income: 1500

Tax Info

  • Tax Amount Summer: 2625.0000
  • Tax Amount Winter: 1484.0000
  • Total Tax: 4109.0000
  • Taxable Value: 54814.0000

Multi Family

  • Number Of Units Total: 3
  • Unit Count: 1
  • Number of One Bedroom Units: 3
  • Number Of Units Leased: 3

MLS Schools

  • School District: Trenton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2022
Closed on
Nov 22, 2022
Sold by
Harbor Six Reserve Llc
Bought by
Martinez John
Seller's Agent
Josie Watkowski
Real Estate One-Trenton
Buyer's Agent
Sonny Harris
3Sixty5 Realty
List Price
$224,900
Sold Price
$202,000
Premium/Discount to List
-$22,900
-10.18%
Views
31
Current Estimated Value
$247,887

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,887
Avg. Annual Appreciation
7.62%
Original Mortgage
$202,000
Interest Rate
6.61%

Purchase Details

Listed on
Jul 7, 2021
Closed on
Sep 29, 2021
Sold by
Neubecker Thomas E and Neubecker Suzanne M
Bought by
Harbor Six Reserve Llc
Seller's Agent
Perry Rue
Real Estate One-Milford
Buyer's Agent
Josie Watkowski
Real Estate One-Trenton
List Price
$175,000
Sold Price
$168,000
Premium/Discount to List
-$7,000
-4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.38%

Purchase Details

Closed on
May 21, 2015
Sold by
Neubecker Thomas E and Neubecker Suzanne M
Bought by
Neubecker Thomas E Neubecker and Neubecker Suzanne 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 Type Sale Price Title Company
Warranty Deed $202,000 First American Title
Warranty Deed $168,000 Capital Title Ins Agcy Inc
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $214,496 VA
Closed $202,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2022 11/22/22 Sold $202,000 -10.2% $130 / Sq Ft
10/14/2022 10/14/22 Pending -- -- --
09/22/2022 09/22/22 For Sale $224,900 +33.9% $145 / Sq Ft
09/29/2021 09/29/21 Sold $168,000 -4.0% $108 / Sq Ft
09/06/2021 09/06/21 Pending -- -- --
08/18/2021 08/18/21 For Sale $175,000 0.0% $113 / Sq Ft
08/06/2021 08/06/21 Pending -- -- --
07/07/2021 07/07/21 For Sale $175,000 -- $113 / 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
2024 $4,330 $98,000 $0 $0
2023 $4,030 $87,900 $0 $0
2022 $6,098 $80,400 $0 $0
2021 $4,164 $74,700 $0 $0
2020 $4,109 $69,300 $0 $0
2019 $4,032 $63,600 $0 $0
2018 $2,519 $60,200 $0 $0
2017 $2,589 $58,100 $0 $0
2016 $3,617 $56,700 $0 $0
2015 $5,084 $53,000 $0 $0
2013 $4,925 $51,700 $0 $0
2012 $3,352 $48,800 $14,200 $34,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2210052299

Realcomp

APN: 54-014-03-0314-000