NOT LISTED FOR SALE

3224 Fullerton St Detroit, MI 48238

Dexter-Linwood Neighborhood

Estimated Value: $67,012 - $132,000

6 Beds
2 Baths
2,900 Sq Ft
$33/Sq Ft Est. Value

Last Sold November 15, 2023

Last sale price $60,000 $21 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $704/month

41 Days on Market

Highlights

  • Covered Patio or Porch
  • Forced Air Heating System
  • Fenced
  • Cass Technical High School Rated 10
  • Garage

About This Home

As of November 2023

Attention Investors: Great opportunity to snag a multi-family 2 unit property bordering Russell Woods for an amazing price. This towering property features almost 3,000 sq feet of living space and 3 bedrooms in each unit. Here is the upside: market rent for 3 BR units in Detroit are now in the $1,000 range per unit. Both units are currently vacant and require a moderate size rehab. Mechanical systems are already upgraded, mainly cosmetic work needed. All of the major cost items were included in the 2019 remodel including a brand new roof, new vinyl windows, hot water tanks and furnaces. Part of a larger portfolio.

Last Agent to Sell the Property

Al Baydoun

U.S. Investor Group License #6501424036 Listed on: 07/14/2023

Co-Listed By

Sam Berri

U.S. Investor Group License #6501413969

Last Buyer's Agent

Joel Wood

KW Metro License #RCO-6501391590

KW Metro

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925 | Remodeled in 2019

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 35.00 x 122.00
  • Fenced

Parking

  • Garage

Home Design

  • Duplex
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 2 Full Bathrooms
  • 2,900 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Outdoor Features

  • Covered Patio or Porch

Utilities

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

Community Details

  • 2 Units
  • Lathrups Dexter Boulevard Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number W12I004038S

Property Details

Home Type

Multi-Family

Year Built

Built in 1925 | Remodeled in 2019

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 2 Story
  • Assessment: 340.00
  • Year Built: 1925
  • State Equalized Value: 20100.0000
  • Year Renovated: 2019
  • Pets Allowed: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 2900
  • Total Sq Ft: 2900
  • Sq Ft Total Bsmt: 1450

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: Fenced
  • Foundation Materials: Block
  • Frontage Feet: 35
  • Porch Type: Porch - Covered, Porch
  • Road Frontage Type: Paved

Garage/Parking

  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)

Fee Information

  • Operating Expense: 5200.00

Schools

  • School District: Detroit

Lot Info

  • Lot Size Area: 0.10
  • Lot Dimensions: 35.00 x 122.00
  • Parcel Number: W12I004038S
  • Zone Conform: Yes
  • Zoning: Multi-Family, Residential

Rental Info

  • Monthly Rental Income: 2600

Tax Info

  • Tax Amount Summer: 1530.0000
  • Tax Amount Winter: 144.0000
  • Total Tax: 1674.0000
  • Taxable Value: 15261.0000

Multi Family

  • Gross Scheduled Income: 31200.00
  • Number Of Units Total: 2
  • Number of Three Bedroom Units: 2

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2023
Closed on
Nov 13, 2023
Sold by
Fricon Investments Llc
Bought by
Bernard Bryce D
Seller's Agent
Al Baydoun
U.S. Investor Group
Buyer's Agent
Joel Wood
KW Metro
List Price
$74,900
Sold Price
$60,000
Premium/Discount to List
-$14,900
-19.89%
Views
157
Current Estimated Value
$97,003

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,003
Avg. Annual Appreciation
28.43%

Purchase Details

Closed on
Dec 29, 2017
Sold by
Lujo Best Investments Llc
Bought by
Frlcon Investments Llc

Purchase Details

Closed on
Oct 16, 2017
Sold by
Sabree Eric R
Bought by
Lujo Best Investmtents Llc

Purchase Details

Closed on
Nov 17, 2014
Sold by
Wayne County Treasurer
Bought by
Sw Inv Two Llc

Purchase Details

Closed on
Nov 17, 2011
Sold by
Wojtowicz Raymond J
Bought by
Majority Rules

Purchase Details

Closed on
Dec 8, 2006
Sold by
Bivins Annie M and Bivins Rochelle
Bought by
Long Shawn

Purchase Details

Closed on
Sep 9, 2002
Sold by
Bivins Annie M
Bought by
Bivins Annie 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 Buyer Sale Price Title Company
Bernard Bryce D $60,000 Paramount Title
Frlcon Investments Llc $20,000 None Available
Lujo Best Investmtents Llc $7,800 None Available
Sw Inv Two Llc $500 None Available
Majority Rules $500 None Available
Long Shawn $95,000 Option Title Agency Inc
Bivins Annie M -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/15/2023 11/15/23 Sold $60,000 -19.9% $21 / Sq Ft
08/24/2023 08/24/23 Pending -- -- --
07/31/2023 07/31/23 For Sale $74,900 0.0% $26 / Sq Ft
07/26/2023 07/26/23 Pending -- -- --
07/14/2023 07/14/23 For Sale $74,900 -- $26 / 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 $2,345 $45,000 $0 $0
2024 $2,345 $29,800 $0 $0
2023 $1,574 $23,800 $0 $0
2022 $1,674 $20,100 $0 $0
2021 $1,630 $16,300 $0 $0
2020 $1,629 $15,100 $0 $0
2019 $1,605 $14,300 $0 $0
2018 $1,419 $14,500 $0 $0
2017 $260 $14,800 $0 $0
2016 $1,550 $34,400 $0 $0
2015 $1,430 $14,300 $0 $0
2013 $1,450 $19,930 $0 $0
2010 -- $28,556 $992 $27,564
Source: Public Records

Agents Affiliated with this Home

  • Al Baydoun

    Seller's Agent in 2023

    Al Baydoun

    U.S. Investor Group

    (313) 673-2655

    2 in this area

    150 Total Sales

    Al Baydoun
    Section Image
  • Sam Berri

    Seller Co-Listing Agent in 2023

    Sam Berri

    U.S. Investor Group

    (248) 255-9114

    2 in this area

    148 Total Sales

    Sam Berri
    Section Image

  • J

    Buyer's Agent in 2023

    Joel Wood

    KW Metro

    Section Image
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Map

Source: Realcomp

MLS Number: 20230056768

Realcomp

APN: 12-004038

Michigan Wayne County Detroit 48206 Dexter-Linwood

3224 Fullerton St, Detroit, MI

This home is located at 3224 Fullerton St, Detroit, MI 48238 since 14 July 2023 and is currently estimated at $97,003, approximately $33 per square foot. This property was built in 1925. 3224 Fullerton St is a home located in Wayne County with nearby schools including Durfee Elementary-Middle 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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