NOT LISTED FOR SALE

3218 Clairmount St Detroit, MI 48206

Jamison Neighborhood

Estimated Value: $70,000 - $139,000

4 Beds
2 Baths
2,500 Sq Ft
$45/Sq Ft Est. Value

Last Sold September 10, 2018

Last sale price $17,000 $7 Per Sq Ft

Est. 564% increase in value since last sale

Current estimated payment $726/month

168 Days on Market

Highlights

  • Balcony
  • Porch
  • Forced Air Heating System
  • Cass Technical High School Rated 10

About This Home

As of September 2018

2 family flat with separate utilities. House needs minor TLC. Investor dream. Tenant occupied. Sold As-is. Serious buyers only. Seller will consider all offers. Non-paying but cooperating tenant occupied. Buyer to be responsible for occupancy.

Last Agent to Sell the Property

Albert Hakim

City Real Estate Group License #6502378429 Listed on: 02/26/2018

Co-Listed By

Syed Mohsin

EXP Realty Main License #6506047872

Last Buyer's Agent

Rich Howard

Coldwell Banker Metro Real Estate License #6501394011

Coldwell Banker Metro Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1922

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 35.00x100.00

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 2 Full Bathrooms
  • 2,500 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Parking

  • Paved Parking
  • On-Street Parking

Outdoor Features

  • Balcony
  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • 2 Units
  • The MC Erlane Joy Rd Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number W12I002639S

Property Details

Home Type

Multi-Family

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Year Built: 1922
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Common
  • Sq Ft Combined: 2500
  • Total Sq Ft: 2500
  • Sq Ft Total Bsmt: 1000

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block
  • Frontage Feet: 35
  • Porch Type: Balcony, Porch
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • MF Parking: On Street, Paved

Utilities

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

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 286250.0000
  • Lot Size Area: 0.08
  • Lot Dimensions: 35.00X100.00
  • Parcel Number: W12I002639S
  • Zoning: Residential

Rental Info

  • Monthly Rental Income: 1200

Tax Info

  • Tax Amount Summer: 1130.0000
  • Tax Amount Winter: 117.0000
  • Total Tax: 1247.0000

Multi Family

  • Gross Scheduled Income: 14400.00
  • Number Of Units Total: 2
  • Number of Two Bedroom Units: 2
  • Number Of Units Leased: 2

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2018
Closed on
Aug 10, 2018
Sold by
The Regency Estate Llc
Bought by
Equity Wealth Builders L L C
Seller's Agent
Albert Hakim
City Real Estate Group
Buyer's Agent
Rich Howard
Coldwell Banker Metro Real Estate
List Price
$34,900
Sold Price
$17,000
Premium/Discount to List
-$17,900
-51.29%
Current Estimated Value
$112,806

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,806
Avg. Annual Appreciation
29.19%

Purchase Details

Closed on
Mar 27, 2018
Sold by
Li Jixi
Bought by
Wealth Builders Detroit Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 20, 2014
Sold by
Pom Investors Llc
Bought by
Li Jixi

Purchase Details

Listed on
Jun 19, 2014
Closed on
Aug 15, 2014
Sold by
Pom Investments Llc
Bought by
Interesting Investments Llc
Seller's Agent
Darralyn Bowers
Bowers Realty & Investments, Inc
Buyer's Agent
Cathy Hodges
RE/MAX First
List Price
$19,900
Sold Price
$14,925
Premium/Discount to List
-$4,975
-25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.96%
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
Equity Wealth Builders L L C $17,000 Embassy Title Agency
Wealth Builders Detroit Llc $10,000 Embassy Title Agency
Li Jixi $55,500 Embassy Title Agency Inc
Interesting Investments Llc -- None Available
Pom Investors Llc $14,925 Embassy Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Equity Wealth Builders Llc $55,000
Previous Owner Wealth Builders Detroit Llc $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2018 09/10/18 Sold $17,000 -25.8% $7 / Sq Ft
08/13/2018 08/13/18 Pending -- -- --
06/14/2018 06/14/18 Price Changed $22,900 -8.0% $9 / Sq Ft
05/08/2018 05/08/18 Price Changed $24,900 -28.7% $10 / Sq Ft
02/26/2018 02/26/18 For Sale $34,900 +133.8% $14 / Sq Ft
08/15/2014 08/15/14 Sold $14,925 -25.0% $6 / Sq Ft
07/23/2014 07/23/14 Pending -- -- --
06/19/2014 06/19/14 For Sale $19,900 -- $8 / 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 $1,500 $40,000 $0 $0
2024 $1,500 $33,100 $0 $0
2023 $1,703 $26,900 $0 $0
2022 $1,814 $22,000 $0 $0
2021 $1,765 $16,900 $0 $0
2020 $1,765 $20,300 $0 $0
2019 $1,738 $15,800 $0 $0
2018 $1,149 $13,900 $0 $0
2017 $195 $14,000 $0 $0
2016 $1,247 $42,800 $0 $0
2015 $1,070 $10,700 $0 $0
2013 $912 $14,850 $0 $0
2010 -- $21,277 $660 $20,617
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2018

    Albert Hakim

    City Real Estate Group

    Section Image
  • Syed Mohsin

    Seller Co-Listing Agent in 2018

    Syed Mohsin

    EXP Realty Main

    (313) 800-8869

    108 Total Sales

    Syed Mohsin
    Section Image

  • R

    Buyer's Agent in 2018

    Rich Howard

    Coldwell Banker Metro Real Estate

    Section Image
  • Darralyn Bowers

    Seller's Agent in 2014

    Darralyn Bowers

    Bowers Realty & Investments, Inc

    (248) 557-1200

    69 Total Sales

    Darralyn Bowers
    Section Image
  • Cathy Hodges

    Buyer's Agent in 2014

    Cathy Hodges

    RE/MAX of Southeast Michigan

    (248) 885-7696

    7 Total Sales

    Cathy Hodges
    Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 218015301

Realcomp

APN: 12-002639

Michigan Wayne County Detroit 48206 Jamison

3218 Clairmount St, Detroit, MI

This home is located at 3218 Clairmount St, Detroit, MI 48206 since 26 February 2018 and is currently estimated at $112,806, approximately $45 per square foot. This property was built in 1922. 3218 Clairmount St is a home located in Wayne County with nearby schools including Thirkell Elementary School, Charles L. Spain Elementary-Middle School, and Edward 'Duke' Ellington Conservatory of Music and Art.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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