$85,000
SOLD DEC 30, 2024
4 Beds
2 Baths
2,050 Sq Ft
3,920 Sq Ft Lot

Recently Sold

$41 Per Sq Ft

29% Below List Price

45 Days on Market

Highlights

  • Forced Air Heating System
  • Cass Technical High School Rated 10
  • 5-minute walk to Zussman Park

About This Home

As of December 2024

This unique investment opportunity features two units, each with 2 bedrooms, 1 bathroom, separate kitchens and spacious living rooms. The lower-level unit is currently tenant occupied but will be vacant at closing. You can choose to occupy the space as your primary or place a tenant and get an immediate return on your investment. The unit is a blank canvas for you to bring your vision to reality while maintaining the natural character that comes with a property nestled on the Westside of Detroit. Located just steps away from I-96 and Davison Fwy, you are minutes from local restaurants, shopping centers, and amenities. The upper-level unit has a proven track record of being a high functioning Airbnb that generates consistent monthly income. The Airbnb is currently fully furnished and retro themed presenting you with the opportunity to add to your portfolio. There is also a second story patio so you can enjoy your nights under the stars. Do not miss your opportunity.

Last Agent to Sell the Property

Jaleissa Speight

National Realty Centers, Inc License #6501449582 Listed on: 11/02/2024

National Realty Centers, Inc

Last Buyer's Agent

Veneesha Slater

Slater Signature Homes License #6502413037

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1925

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 35.00 x 110.00

Home Design

  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 2 Full Bathrooms
  • 2,050 Sq Ft Home
  • 3-Story Property
  • Unfinished Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number W12I004337S

Community Details

Overview

  • 2 Units
  • Wark Gilbert Security Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$35

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Upper/Lower Apartment
  • Architecture Level: 3 Story
  • Year Built: 1925
  • State Equalized Value: 400.0000
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 2050
  • Total Sq Ft: 2050
  • Sq Ft Total Bsmt: 1025

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Poured
  • Frontage Feet: 35
  • Road Frontage Type: Paved

Utilities

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

Schools

  • School District: Detroit

Lot Info

  • Lot Size Area: 0.09
  • Lot Dimensions: 35.00 x 110.00
  • Parcel Number: W12I004337S
  • Zoning: Multi-Family

Rental Info

  • Rent Includes: Water
  • Legal Rental Certified: Yes
  • Monthly Rental Income: 1000

Tax Info

  • Tax Amount Summer: 31.0000
  • Tax Amount Winter: 4.0000
  • Total Tax: 35.0000
  • Taxable Value: 400.0000

Multi Family

  • Gross Scheduled Income: 12000.00
  • Number Of Units Total: 2
  • Number of Two Bedroom Units: 2
  • Number Of Units Leased: 1

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2024
Closed on
Dec 30, 2024
Sold by
Stewart Brittani
Bought by
Shivaya Homes Llc
Seller's Agent
Jaleissa Speight
National Realty Centers, Inc
Buyer's Agent
Veneesha Slater
Slater Signature Homes
List Price
$120,000
Sold Price
$85,000
Premium/Discount to List
-$35,000
-29.17%
Views
13

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
229.73%

Purchase Details

Closed on
Dec 5, 2019
Sold by
County Of Wayne
Bought by
Detroit Land Bank Authority

Purchase Details

Closed on
Jan 22, 2015
Sold by
Tradin Places Llc
Bought by
Imperial Valley Properties Llc

Purchase Details

Closed on
Dec 5, 2013
Sold by
Wayne County Treasurer
Bought by
Tradin Places Llc

Purchase Details

Closed on
Aug 8, 2007
Sold by
Kinney Renita R and Kinney Renita R
Bought by
Deutsche Bank National Trust Co and Long Beach Mortgage Loan Trust 2006-4

Purchase Details

Closed on
Mar 20, 2006
Sold by
Mckinley Dennis
Bought by
Kinney Renita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,600
Interest Rate
9.6%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 30, 2005
Sold by
Cox Myron and Cox Rosemary
Bought by
Mckinley Dennis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
5.83%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $85,000 Vital Title
Warranty Deed $85,000 Vital Title
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed $500 None Available
Sheriffs Deed $86,694 None Available
Warranty Deed $84,000 Golden Title
Warranty Deed $40,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $75,600 Unknown
Previous Owner $52,000 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2025 06/16/25 Price Changed $900 -10.0% $0 / Sq Ft
06/06/2025 06/06/25 Price Changed $1,000 -13.0% $0 / Sq Ft
05/05/2025 05/05/25 Price Changed $1,150 -8.0% $1 / Sq Ft
04/29/2025 04/29/25 For Rent $1,250 0.0% --
12/30/2024 12/30/24 Sold $85,000 -29.2% $41 / Sq Ft
12/17/2024 12/17/24 Pending -- -- --
11/02/2024 11/02/24 For Sale $120,000 -- $59 / 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
2024 $30 $400 $0 $0
2023 $31 $400 $0 $0
2022 $32 $0 $0 $0
2021 $71 $0 $0 $0
2020 $35 $400 $0 $0
2019 $35 $400 $0 $0
2018 $31 $400 $0 $0
2017 $7 $400 $0 $0
2016 $758 $3,800 $0 $0
2015 $490 $4,900 $0 $0
2013 $1,355 $13,547 $0 $0
2010 -- $19,410 $884 $18,526
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20240082866

Realcomp

APN: 12-004337