NOT LISTED FOR SALE

Estimated Value: $49,140 - $143,000

6 Beds
2 Baths
3,480 Sq Ft
$30/Sq Ft Est. Value

Last Sold February 16, 2018

Last sale price $30,000 $9 Per Sq Ft

Est. 243% increase in value since last sale

Current estimated payment $655/month

6 Days on Market

Highlights

  • Covered Patio or Porch
  • Balcony
  • Garage
  • Cass Technical High School Rated 10

About This Home

As of February 2018

Excellent investment opportunity at a beautiful street on the West side. Expansive brick duplex in the Boston/Edison area. Two units with 3 bedrooms, living room and dining room with fireplace and full bath. Property being sold "as is" with buyer to take responsibility for any inspections or City requirements, if any. BATVAI. IDRBNG. Property requires rehab and is sold in 'AS-IS' condition. Cash only. Submit proof of funds. EMD $1,000 minimum to be held by listing broker.

Last Agent to Sell the Property

Taz Powell

National Realty Centers, Inc License #6501371933 Listed on: 12/22/2017

National Realty Centers, Inc

Last Buyer's Agent

Michael Merrill

Merrill Real Estate Services License #RCO-6502395238

Merrill Real Estate Services

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1924

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40 x 122

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 2 Full Bathrooms
  • 3,480 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Parking

  • Garage
  • On-Street Parking

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Utilities

  • Heating System Uses Natural Gas
  • Separate Meters
  • Natural Gas Water Heater

Community Details

  • 2 Units
  • Webb Ave Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number W12I003461S

Property Details

Home Type

Multi-Family

Year Built

Built in 1924

Lot Details

4,792 Sq Ft Lot

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Assessment: 340
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Common
  • Total Sq Ft: 3480

Exterior Features

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

Garage/Parking

  • MF Parking: Garages, On Street

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Separate Meter
  • Heating: Separate Meters
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Lot Info

  • List Price per Acre: 381818.1818
  • Lot Size Area: 0.11
  • Lot Dimensions: 40 X 122
  • Parcel Number: W12I003461S
  • Zone Conform: Yes
  • Zoning: Residential

Rental Info

  • Rent Includes: Trash Collection (Garbage Pickup)
  • Monthly Rental Income: 1400

Tax Info

  • Tax Amount Summer: 2168.0000
  • Tax Amount Winter: 272.0000
  • Total Tax: 2440.0000

Multi Family

  • Gross Scheduled Income: 16800.00
  • Number Of Units Total: 2

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 22, 2017
Closed on
Feb 12, 2018
Sold by
Spurk Llc
Bought by
Detroit Renaissance Llc
Seller's Agent
Taz Powell
National Realty Centers, Inc
Buyer's Agent
Michael Merrill
Merrill Real Estate Services
List Price
$42,000
Sold Price
$30,000
Premium/Discount to List
-$12,000
-28.57%
Current Estimated Value
$103,035

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,035
Avg. Annual Appreciation
16.68%

Purchase Details

Closed on
Nov 29, 2013
Sold by
Mj Income Property Llc
Bought by
Spurk Llc

Purchase Details

Closed on
Jun 28, 2010
Sold by
Wadha Michael and Wadha Cristina M
Bought by
Leg Ventures Llc

Purchase Details

Closed on
Apr 9, 2008
Sold by
Wadha Michael and Wadha Cristina M
Bought by
Wadha Michael

Purchase Details

Closed on
Sep 28, 2007
Sold by
Moore Emory
Bought by
Wadha Michael

Purchase Details

Closed on
Jul 7, 2005
Sold by
Robertson Keith G
Bought by
Aegis Funding Corp

Purchase Details

Closed on
Dec 17, 2004
Sold by
Nelson David A
Bought by
Robertson Keith G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,300
Interest Rate
8.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 28, 2003
Sold by
Hill Ronald
Bought by
Nelson David A

Purchase Details

Closed on
Sep 9, 2003
Sold by
Clarell Franklin Michael and Clarell Franklin
Bought by
Adams Leroy

Purchase Details

Closed on
Jan 15, 1989
Sold by
Clarell Franklin Michael and Clarell Franklin
Bought by
Hill Ronald
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Renaissance Llc $30,000 Title Connect Llc
Spurk Llc $47,500 Embassy Title Agency Inc
Leg Ventures Llc -- Title Source Inc
Wadha Michael -- None Available
Wadha Michael $18,000 Parks Title
Aegis Funding Corp $88,664 --
Robertson Keith G $98,000 --
Nelson David A $32,000 Concord Title
Adams Leroy -- --
Hill Ronald -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Robertson Keith G $83,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/16/2018 02/16/18 Sold $30,000 -28.6% $9 / Sq Ft
12/28/2017 12/28/17 Pending -- -- --
12/22/2017 12/22/17 For Sale $42,000 -- $12 / Sq Ft
Source: Realcomp

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 $1,486 $29,100 $0 $0
2024 $1,217 $24,600 $0 $0
2023 $1,427 $19,700 $0 $0
2022 $1,515 $17,700 $0 $0
2021 $1,476 $14,400 $0 $0
2020 $1,476 $13,300 $0 $0
2019 $1,455 $12,600 $0 $0
2018 $1,264 $12,000 $0 $0
2017 $231 $12,200 $0 $0
2016 $2,440 $28,600 $0 $0
2015 $2,480 $24,800 $0 $0
2013 $2,358 $34,510 $0 $0
2010 -- $25,476 $1,136 $24,340
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 217110510

Realcomp

APN: 12-003461

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