NOT LISTED FOR SALE

Estimated Value: $48,104 - $158,000

6 Beds
2 Baths
2,722 Sq Ft
$42/Sq Ft Est. Value

Last Sold September 26, 2014

Last sale price $24,500 $9 Per Sq Ft

Est. 366% increase in value since last sale

Current estimated payment $708/month

16 Days on Market

Highlights

  • Enclosed Patio or Porch
  • Forced Air Heating System
  • Garage
  • Cass Technical High School Rated 10
  • Hot Water Heating System
  • Heating System Uses Steam

About This Home

As of September 2014

Attention all Investors come and view 2 story flat with 3 Bedroom already Section 8 approval with new windows, new carpet, nice hardwood floors. One tenant is already occupied in upper unit. As-Is. Buyer is responsible for city Inspection at Buyer's own expense. (Property is a relative of Agent)

Last Agent to Sell the Property

Jennifer Evans

21st Century Elegant Homes License #6501313135 Listed on: 05/31/2014

Last Buyer's Agent

Damon Jones

Jones Realty LLC License #RCO-6501355093

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1924

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 34.00x124.73
  • Property fronts a private road

Parking

  • Garage

Home Design

  • Brick Exterior Construction
  • Brick Foundation
  • Asphalt Roof

Interior Spaces

  • 2 Full Bathrooms
  • 2,722 Sq Ft Home
  • 2-Story Property
  • Basement

Outdoor Features

  • Enclosed Patio or Porch

Utilities

  • Forced Air Heating System
  • Back Up Electric Heat Pump System
  • Hot Water Heating System
  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Separate Water Meter
  • Natural Gas Water Heater

Community Details

  • 2 Units
  • Linwood Park Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number W12I003079S

Property Details

Home Type

Multi-Family

Year Built

Built in 1924

Lot Details

0

Listing Details

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

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Sq Ft Combined: 2722
  • Total Sq Ft: 2722
  • Sq Ft Total Bsmt: 1000

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Brick/Mortar
  • Porch Type: Porch - Covered, Porch - Enclosed
  • Road Frontage Type: Paved, Private, Pub. Sidewalk

Garage/Parking

  • Garage: Yes
  • MF Parking: Paved

Utilities

  • Heating Fuel: Electric, Natural Gas
  • Heating: Forced Air, Hot Water, Steam
  • Sewer: Separate Meters
  • Water Heater Fuel: Natural Gas, Separate Meters
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 269000.0000
  • Lot Size Area: 0.10
  • Lot Dimensions: 34.00X124.73
  • Parcel Number: W12I003079S
  • Zoning: Multi-Family
  • Percent Homestead Exempt: Yes

Rental Info

  • Rent Includes: Cable TV, Water/Sewer
  • Monthly Rental Income: 1000

Tax Info

  • Tax Amount Summer: 1171.0000
  • Tax Amount Winter: 116.0000
  • Total Tax: 1287.0000

Multi Family

  • Gross Scheduled Income: 12000.00
  • Number Of Units Total: 2
  • Number of Three 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
May 31, 2014
Closed on
Sep 26, 2014
Sold by
Reed Mary Ann and Dillard Herbert
Bought by
Experion Holdings Usa Llc
Seller's Agent
Jennifer Evans
21st Century Elegant Homes
Buyer's Agent
Damon Jones
Jones Realty LLC
List Price
$28,900
Sold Price
$24,500
Premium/Discount to List
-$4,400
-15.22%
Current Estimated Value
$114,276

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,776
Avg. Annual Appreciation
14.93%
Source: Public Records

Range of Values:

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Average Value
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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
Experion Holdings Usa Llc $24,500 Title One Inc
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/26/2014 09/26/14 Sold $24,500 -15.2% $9 / Sq Ft
06/16/2014 06/16/14 Pending -- -- --
05/31/2014 05/31/14 For Sale $28,900 -- $11 / 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 $1,250 $43,100 $0 $0
2024 $1,250 $36,500 $0 $0
2023 $1,459 $29,200 $0 $0
2022 $1,550 $23,400 $0 $0
2021 $1,510 $19,000 $0 $0
2020 $1,510 $17,600 $0 $0
2019 $1,488 $16,600 $0 $0
2018 $1,315 $15,800 $0 $0
2017 $235 $16,200 $0 $0
2016 $1,434 $38,100 $0 $0
2015 $1,261 $12,900 $0 $0
2013 $1,221 $17,943 $0 $0
2010 -- $25,709 $979 $24,730
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 214051611

Realcomp

APN: 12-003079