NOT LISTED FOR SALE

31909 Roscommon St Westland, MI 48186

Estimated Value: $106,034 - $149,000

4 Beds
2 Baths
1,730 Sq Ft
$75/Sq Ft Est. Value

Last Sold May 25, 2017

Last sale price $62,500 $36 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $803/month

11 Days on Market

Highlights

  • Deck
  • Forced Air Heating System
  • Fenced
  • Porch
  • Ceiling Fan

About This Home

As of May 2017

***GREAT RETURN ON THIS INVESTMENT OPPORTUNITY*** WESTLAND 2-UNIT INCOME PRODUCING DUPLEX WITH A 24 CAP (24 PERCENT ROI)! THIS MULTI-FAMILY 2-UNIT 2 BEDROOMS EACH UNIT - COLONIAL STYLE DUPLEX OFFERS YOU JUST UNDER 2000 SQFT BETWEEN BOTH UNITS, HUGE FENCED YARD, DECK OFF BACK OF HOME, APPLIANCES NEGOTIABLE, NEUTRAL-DECOR THROUGHOUT, SEPARATE METERS, BOTH KITCHENS RECENTLY REMODELED, SOME ELECTRICAL, NEWER PEX PLUMBING, NEW PITCHED ROOF (MOST UNITS IN AREA HAVE FLAT ROOFING), UPDATED FURNACE, UPDATED HOT WATER TANK, PURCHASER TO ASSUME CURRENT LEASE AGREEMENTS (CALL FOR DETAILS), CLOSE TO SHOPPING, PLEASE DO NOT DISTURB TENANTS, CALL TODAY TO SCHEDULE A PRIVATE SHOWING TODAY!

Last Agent to Sell the Property

Chad Jishi

KW Professionals License #6501352918 Listed on: 04/21/2017

KW Professionals

Last Buyer's Agent

Chad Jishi

KW Professionals License #6501352918 Listed on: 04/21/2017

KW Professionals

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1942 | Remodeled in 2016

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 76.00 x 85.00 x 76.00 x 85.00
  • Fenced

Parking

  • Unassigned Parking

Home Design

  • Duplex
  • Block Foundation
  • Slab Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2 Full Bathrooms
  • 1,730 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Crawl Space

Outdoor Features

  • Deck
  • Exterior Lighting
  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • 2 Units
  • Norwayne Sub No 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 56073010100000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$963

Year Built

Built in 1942 | Remodeled in 2016

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 2 Story
  • Year Built: 1942
  • Year Renovated: 2016
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Sq Ft Combined: 1730
  • Total Sq Ft: 1730

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Crawl, Slab
  • Construction Materials: Vinyl
  • Exterior Features: Fenced, Lighting
  • Foundation Materials: Block
  • Frontage Feet: 76
  • Porch Type: Deck, Porch
  • Road Frontage Type: Paved
  • Sideof Street: E

Garage/Parking

  • MF Parking: Unassigned/General

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s)
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Schools

  • School District: Wayne-Westland

Lot Info

  • List Price per Acre: 398000.0000
  • Lot Size Area: 0.15
  • Lot Dimensions: 76.00 X 85.00 X 76.00 X 85.00
  • Parcel Number: 56073010100000
  • Zone Conform: Yes
  • Zoning: Multi-Family

Rental Info

  • Monthly Rental Income: 1300

Tax Info

  • Tax Amount Summer: 800.0000
  • Tax Amount Winter: 163.0000
  • Total Tax: 963.0000

Multi Family

  • Gross Scheduled Income: 15600.00
  • Number Of Units Total: 2
  • Unit Count: 2
  • Number of Two Bedroom Units: 2
  • Number Of Units Leased: 2

MLS Schools

  • School District: Wayne-Westland

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2017
Closed on
May 25, 2017
Sold by
Johnson Robert
Bought by
Detroit Property Development Llc
Seller's Agent
Chad Jishi
KW Professionals
Buyer's Agent
Chad Jishi
KW Professionals
List Price
$59,700
Sold Price
$62,500
Premium/Discount to List
$2,800
4.69%
Current Estimated Value
$129,009

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,509
Avg. Annual Appreciation
9.00%

Purchase Details

Closed on
Nov 6, 2008
Sold by
Federal National Mortgage Association
Bought by
Johnson Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 25, 2007
Sold by
National City Real Estate Services Llc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Sep 5, 2007
Sold by
Hanover Eric and National City Mortgage Co
Bought by
National City Real Estate Services Llc

Purchase Details

Closed on
Jan 24, 2003
Sold by
Luhtanen Jack D and Luhtanen Linda
Bought by
Hanover Eric
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
Detroit Property Development Llc $62,500 None Available
Johnson Robert $20,000 Warranty Title Agency Llc
Federal National Mortgage Association -- None Available
National City Real Estate Services Llc $55,623 None Available
Hanover Eric $32,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Johnson Robert $15,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/25/2017 05/25/17 Sold $62,500 +4.7% $36 / Sq Ft
05/02/2017 05/02/17 Pending -- -- --
04/21/2017 04/21/17 For Sale $59,700 -- $35 / 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 $1,456 $61,600 $0 $0
2024 $1,456 $46,500 $0 $0
2023 $1,390 $40,500 $0 $0
2022 $2,007 $36,300 $0 $0
2021 $1,923 $34,700 $0 $0
2020 $1,522 $29,300 $0 $0
2019 $3,150 $22,600 $0 $0
2018 $1,438 $20,500 $0 $0
2017 $762 $19,000 $0 $0
2016 $1,006 $15,600 $0 $0
2015 $1,373 $13,980 $0 $0
2013 $1,697 $17,680 $0 $0
2012 $1,773 $21,120 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 217028950

Realcomp

APN: 56-073-01-0100-000