NOT LISTED FOR SALE

312 Cherry St Wyandotte, MI 48192

Estimated Value: $189,565 - $293,000

4 Beds
2 Baths
2,400 Sq Ft
$97/Sq Ft Est. Value

Last Sold August 22, 2019

Last sale price $136,000 $57 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $1,527/month

40 Days on Market

Highlights

  • Corner Lot
  • 1 Car Attached Garage
  • 4-minute walk to BASF Waterfront Park

About This Home

As of August 2019

Location! Location! Location! Do not miss this excellent income opportunity. Located walking distance to Downtown Wyandotte, this property will have rental applicants fighting after any and every opening. 2 unit duplex. Upper unit is 2 bed 1 bath with spacious bonus room. Lower unit is 2 bed 1 bath with access to attached garage. Both units share basement access for laundry and storage. Seller will entertain Land Contract offers with at least 15 percent down. Both units are currently tenant occupied.

Last Agent to Sell the Property

Sean Delpaz

Synergy Realty Group License #MCAR-650243118 Listed on: 06/27/2019

Last Buyer's Agent

Sandra Brownell

Benchmark Real Estate Services License #RCO-6501323838

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1867

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 100x47
  • Corner Lot

Parking

  • 1 Car Attached Garage

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Boiler Heating System
  • Separate Meters
  • Gas Water Heater

Additional Features

  • Oven or Range
  • Block Basement Construction

Community Details

  • 2 Units
  • Part Of Wyandotte In The Township Of Ecorse Blk 10 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 57020060008003

Property Details

Home Type

Multi-Family

Year Built

Built in 1867

Lot Details

0

Listing Details

  • Originating MLS: Southeastern Border Association of REALTORS
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: Condo/Ranch 2nd Flr Or Above
  • Total Tax Amount: 3449
  • Total Tax Year: 2017
  • Year Built: 1867
  • Mail City: Wyandotte
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dryer, Range/Oven, Refrigerator, Washer
  • Basement: Yes
  • Basement Type: Block
  • Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2

Exterior Features

  • Foundation Type: Basement

Garage/Parking

  • Garage Type: Attached Garage
  • Garage Spaces: 1

Utilities

  • Water: Public Water
  • Water Heater: Gas
  • Heating System: Boiler
  • Separate Electric: Yes
  • Separate Gas: Yes
  • Separate Heat: Yes
  • Separate Water: Yes
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: 57020060008003
  • Location: Subdivision, Corner Lot
  • Lot Dimensions: 100x47
  • Acreage: 0.1
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2017, Amount: $2,546.00
  • Winter Tax: Year: 2017, Amount: $903.00
  • Total Tax: Year: 2017, Amount: $3,449.00

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Wyandotte City School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 29, 2021
Sold by
Brownell Gary
Bought by
Gb Real Estate Llc
Current Estimated Value
$232,641

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,285,500
Outstanding Balance
$1,173,613
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
-$940,972

Purchase Details

Listed on
Jun 27, 2019
Closed on
Aug 22, 2019
Sold by
Carolene L Robinson Revocable Trust and Robinson Carolene Laura
Bought by
Brownell Gary
Seller's Agent
Sean Delpaz
Synergy Realty Group
Buyer's Agent
Sandra Brownell
Benchmark Real Estate Services
List Price
$139,900
Sold Price
$136,000
Premium/Discount to List
-$3,900
-2.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.06%
Original Mortgage
$115,600
Interest Rate
6.05%
Mortgage Type
Land Contract Argmt. Of Sale

Purchase Details

Closed on
Jan 23, 2014
Sold by
Robinson Carolene Laura
Bought by
Robinson Carolene Laura and Carolene L Robinson Revocable

Purchase Details

Closed on
Jun 7, 2006
Sold by
Robinson James Samuel
Bought by
Robinson Carolene Laura

Purchase Details

Closed on
May 23, 2001
Sold by
Racette Leon B
Bought by
Robinson Carolene L

Purchase Details

Closed on
Jul 31, 1997
Sold by
Mani Emanuele and Mani Marian M
Bought by
Leon B Racette
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
Gb Real Estate Llc -- First American Title
Gb Real Estate Llc -- First American Title
Brownell Gary $136,000 Michigan Title Insurance Agenc
Brownell Gary $136,000 Michigan Title Ins Agcy Inc
Robinson Carolene Laura -- None Available
Robinson Carolene Laura -- None Available
Robinson Carolene L $145,000 --
Leon B Racette $106,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gb Real Estate Llc $1,285,500
Closed Gb Real Estate Llc $1,285,500
Previous Owner Brownell Gary $115,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/22/2019 08/22/19 Sold $136,000 -2.8% $57 / Sq Ft
08/06/2019 08/06/19 Pending -- -- --
08/01/2019 08/01/19 For Sale $139,900 0.0% $58 / Sq Ft
07/01/2019 07/01/19 Pending -- -- --
06/27/2019 06/27/19 For Sale $139,900 -- $58 / 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 $3,716 $85,200 $0 $0
2024 $3,716 $82,800 $0 $0
2023 $3,544 $80,100 $0 $0
2022 $4,555 $77,700 $0 $0
2021 $4,450 $72,600 $0 $0
2020 $4,389 $60,300 $0 $0
2019 $3,606 $58,300 $0 $0
2018 $2,600 $59,600 $0 $0
2017 $1,805 $59,600 $0 $0
2016 $3,466 $53,200 $0 $0
2015 $4,666 $49,400 $0 $0
2013 $4,520 $45,200 $0 $0
2012 $2,420 $47,300 $9,400 $37,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31385304

Michigan Multiple Listing Service

APN: 57-020-06-0008-003