NOT LISTED FOR SALE

Estimated Value: $42,000 - $147,870

4 Beds
2.5 Baths
2,551 Sq Ft
$33/Sq Ft Est. Value

Last Sold May 25, 2023

Last sale price $6,500 $3 Per Sq Ft

Est. 1,192% increase in value since last sale

Current estimated payment $637/month

163 Days on Market

Highlights

  • Bungalow
  • Hot Water Heating System
  • 2-minute walk to Callahan Park
  • Cass Technical High School Rated 10
  • 2 Car Garage

About This Home

As of May 2023

Welcome to the latest offering from the Detroit Land bank Authority. Frame multi-unit property in need of major rehabilitation. Show at your own risk. Please note that the Detroit Land bank Authority is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatements and/or lot combinations that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing. Please refer to DLBA proposal guidelines. Be advised that all potential buyers are required to prepare a proposal/proforma in order to qualify to purchase. DLBA proposal guidelines are attached for review

Last Agent to Sell the Property

Gene Kelley

Real Estate One-Southfield License #6501293908 Listed on: 09/26/2022

Real Estate One-Southfield

Co-Listed By

Patricia Phillips

Real Estate One-Southfield License #6506029243

Last Buyer's Agent

Leah Clisby

Denovo Real Estate License #RCO-6501384513

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1909

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 34.00 x 172.00

Parking

  • 2 Car Garage

Home Design

  • Bungalow
  • Block Foundation

Interior Spaces

  • 2,551 Sq Ft Home
  • 1.5-Story Property
  • Unfinished Basement

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number W13I003312S

Community Details

Overview

  • 2 Units
  • Hobans Sub Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Year Built

Built in 1909

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Year Built: 1909
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 2551
  • Total Sq Ft: 2551
  • Sq Ft Total Bsmt: 1246

Exterior Features

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

Garage/Parking

  • Garage: Yes
  • Total Parking Spaces: 2

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Hot Water
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Community

Schools

  • School District: Detroit

Lot Info

  • Lot Size Area: 0.13
  • Lot Dimensions: 34.00 x 172.00
  • Parcel Number: W13I003312S
  • Zone Conform: Yes
  • Zoning: Multi-Family

Multi Family

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

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2022
Closed on
May 18, 2023
Sold by
Detroit Land Bank Authority
Bought by
Kahn Dan
Seller's Agent
Gene Kelley
Real Estate One-Southfield
Buyer's Agent
Leah Clisby
Denovo Real Estate
List Price
$6,500
Sold Price
$6,500
Views
83
Current Estimated Value
$83,968

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,468
Avg. Annual Appreciation
207.16%

Purchase Details

Closed on
Jan 23, 2014
Sold by
Wayne County Treasurer
Bought by
Detroit Landbank Authority

Purchase Details

Closed on
Feb 1, 2010
Sold by
Wasikowski George and Wasikowski Zofia
Bought by
Pruett Franchesca T and Pruett Dyarick D
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
Kahn Dan $6,500 None Listed On Document
Detroit Landbank Authority -- None Available
Pruett Franchesca T $5,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2023 05/25/23 Sold $6,500 0.0% $3 / Sq Ft
03/08/2023 03/08/23 Pending -- -- --
09/26/2022 09/26/22 For Sale $6,500 -- $3 / 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 -- $31,000 $0 $0
2024 $2,201 $25,900 $0 $0
2023 $0 $0 $0 $0
2022 $0 $0 $0 $0
2021 $0 $0 $0 $0
2020 $974 $0 $0 $0
2019 $974 $0 $0 $0
2018 $0 $0 $0 $0
2017 -- $0 $0 $0
2016 $340 $0 $0 $0
2015 $910 $0 $0 $0
2013 $910 $9,098 $0 $0
2010 -- $12,065 $401 $11,664
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20221044686

Realcomp

APN: 13-003312