NOT LISTED FOR SALE

32606 Montcalm St Westland, MI 48186

Estimated Value: $144,000 - $215,000

4 Beds
2 Baths
1,730 Sq Ft
$102/Sq Ft Est. Value

Last Sold December 21, 2023

Last sale price $165,000 $95 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,175/month

55 Days on Market

About This Home

As of December 2023

Attention, Investors! Here's an outstanding opportunity you won't want to let slip through your fingers - a fully renovated duplex with both units currently vacant. This property is primed and ready for you to step in and start generating income. The entire property has been renovated, ensuring that you have modern, updated living spaces that will attract tenants. Each unit comprises two bedrooms and one bathroom, making them suitable for a variety of tenants, from small families to young professionals and more.
The Certificate of Occupancy will be provided at closing, simplifying the process of getting these units tenanted and income flowing.

Last Agent to Sell the Property

Mohamed Fares

The Signature Group Realty, LLC License #6501434286 Listed on: 10/11/2023

Last Buyer's Agent

Ryan Kain

RE/MAX Leading Edge License #6501401697

RE/MAX Leading Edge

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1942 | Remodeled in 2023

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 78.00 x 102.40

Home Design

  • Duplex

Interior Spaces

  • 2 Full Bathrooms
  • 1,730 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 56073040551000

Community Details

Overview

  • 2 Units
  • Norwayne Sub No 4 Subdivision

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,252

Year Built

Built in 1942 | Remodeled in 2023

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 2 Story
  • Assessment: 1209.00
  • Year Built: 1942
  • State Equalized Value: 37700.0000
  • Year Renovated: 2023
  • Pets Allowed: Cats OK, Dogs OK
  • Special Features: NewHome
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Sq Ft Combined: 1730
  • Total Sq Ft: 1730

Exterior Features

  • Foundation Details: Crawl
  • Construction Materials: Aluminum
  • Road Frontage Type: Paved

Utilities

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

Schools

  • School District: Wayne-Westland

Lot Info

  • Lot Size Area: 0.18
  • Lot Dimensions: 78.00 x 102.40
  • Parcel Number: 56073040551000
  • Zoning: Multi-Family

Rental Info

  • Monthly Rental Income: 2400

Tax Info

  • Tax Amount Summer: 2053.0000
  • Tax Amount Winter: 199.0000
  • Total Tax: 2252.0000
  • Taxable Value: 15434.0000

Multi Family

  • Gross Scheduled Income: 28800.00
  • Number Of Units Total: 2
  • Number of Two Bedroom Units: 2

MLS Schools

  • School District: Wayne-Westland

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2023
Closed on
Dec 21, 2023
Sold by
Alzirgany Mohamed
Bought by
Djt Homes Llc
Seller's Agent
Mohamed Fares
The Signature Group Realty, LLC
Buyer's Agent
Ryan Kain
RE/MAX Leading Edge
List Price
$175,000
Sold Price
$165,000
Premium/Discount to List
-$10,000
-5.71%
Views
222
Current Estimated Value
$176,887

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,887
Avg. Annual Appreciation
4.01%
Original Mortgage
$90,750
Outstanding Balance
$89,261
Interest Rate
7.29%
Mortgage Type
Credit Line Revolving
Estimated Equity
$87,626

Purchase Details

Listed on
May 3, 2023
Closed on
May 30, 2023
Sold by
Federal National Mortgage Association
Bought by
Alzirgany Mohamed
Seller's Agent
Mario Ferrante
Help-U-Sell of Metro Detroit
Buyer's Agent
Mohamed Fares
The Signature Group Realty, LLC
List Price
$83,900
Sold Price
$84,000
Premium/Discount to List
$100
0.12%
Views
419

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
233.87%

Purchase Details

Closed on
Jul 22, 2021
Sold by
Roy Nicholas and Newrez Llc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 16, 2007
Sold by
Lawson Allen B and Lawson Rose E
Bought by
Roy Nicholas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,200
Interest Rate
6.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 20, 1995
Sold by
Allen B and Rose Lawson
Bought by
Allen B and Rose Lawson
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
Djt Homes Llc $165,000 Compass Title & Closing Servic
Djt Homes Llc $165,000 Compass Title & Closing Servic
Alzirgany Mohamed $84,000 None Listed On Document
Federal National Mortgage Association $48,800 None Available
Roy Nicholas $99,000 Multiple
Allen B $42,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2023 12/21/23 Sold $165,000 -5.7% $95 / Sq Ft
12/05/2023 12/05/23 Pending -- -- --
11/09/2023 11/09/23 For Sale $175,000 0.0% $101 / Sq Ft
11/03/2023 11/03/23 Pending -- -- --
10/11/2023 10/11/23 For Sale $175,000 +108.3% $101 / Sq Ft
05/30/2023 05/30/23 Sold $84,000 +0.1% $49 / Sq Ft
05/19/2023 05/19/23 Pending -- -- --
05/03/2023 05/03/23 For Sale $83,900 -- $48 / 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 $2,842 $62,800 $0 $0
2024 $2,842 $48,200 $0 $0
2023 $957 $41,800 $0 $0
2022 $2,252 $37,700 $0 $0
2021 $2,257 $36,000 $0 $0
2020 $2,440 $30,600 $0 $0
2019 $4,047 $24,100 $0 $0
2018 $681 $21,600 $0 $0
2017 $357 $19,100 $0 $0
2016 $867 $15,900 $0 $0
2015 $1,346 $14,140 $0 $0
2013 $1,647 $17,130 $0 $0
2012 $1,450 $20,320 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20230084806

Realcomp

APN: 56-073-04-0551-000