NOT LISTED FOR SALE

3275 Webb St Detroit, MI 48206

Dexter-Linwood Neighborhood

Estimated Value: $106,927 - $132,000

6 Beds
2 Baths
4,350 Sq Ft
$27/Sq Ft Est. Value

Last Sold November 01, 2018

Last sale price $67,000 $15 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $796/month

45 Days on Market

Highlights

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

About This Home

As of November 2018

Attention investors! Don't miss out on this 4350 sqft beautiful brick duplex that includes: new roof, updated boiler (radiant heat), privacy fence and new garage. Each unit is 3-bedroom, 1 bath. The upper unit is rented at $800 monthly rent includes water. Please do not disturb tenant. The tenant is responsible for gas and electric. There is a third unfinished unit ready to be finished for more income. Live, Rent, DYI.
Webb street is a safe, tree lined street where children play outside and the friendly neighbors look out for each other. Located near Dexter and Davidson, there is a fantastic coffee shop nearby (Eleos Coffee) and many amenities including easy access to major roads.

Last Agent to Sell the Property

Timothy Boyer

Coldwell Banker Professionals-Northville License #6501375058 Listed on: 08/23/2018

Coldwell Banker Professionals-Northville

Last Buyer's Agent

Ian Mobley

The Detroit Real Estate Agency License #6501382528

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1925

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40 x 121
  • Fenced

Home Design

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

Interior Spaces

  • 2 Full Bathrooms
  • 4,350 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Parking

  • Garage
  • Lighted Parking
  • On-Street Parking
  • Unassigned Parking

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Utilities

  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Natural Gas Water Heater
  • Sewer in Street

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number W12I003435S

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,232

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 2 Story
  • Assessment: 340
  • Year Built: 1925
  • 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: 4350
  • Total Sq Ft: 4350
  • Sq Ft Total Bsmt: 1725

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: Fenced
  • Foundation Materials: Brick/Mortar
  • Frontage Feet: 40
  • Porch Type: Balcony, Porch - Covered
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • MF Parking: Garages, Lighted, On Street, Paved, Unassigned/General

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Radiant
  • Sewer: Sewer at Street, Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal), Water at Street
  • Laundry Facilities: No

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 680909.0909
  • Lot Size Area: 0.11
  • Lot Dimensions: 40 x 121
  • Parcel Number: W12I003435S
  • Zoning: Multi-Family

Rental Info

  • Monthly Rental Income: 1600

Tax Info

  • Tax Amount Summer: 1124.0100
  • Tax Amount Winter: 107.5100
  • Total Tax: 1231.5200

Multi Family

  • Gross Scheduled Income: 19200.00
  • Number Of Units Total: 2
  • Unit Count: 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
Aug 23, 2018
Closed on
Nov 30, 2018
Sold by
Green Kelli and Green Stuart
Bought by
Shelton Tyler
Seller's Agent
Timothy Boyer
Coldwell Banker Professionals-Northville
Buyer's Agent
Ian Mobley
The Detroit Real Estate Agency
List Price
$74,900
Sold Price
$67,000
Premium/Discount to List
-$7,900
-10.55%
Current Estimated Value
$119,232

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,232
Avg. Annual Appreciation
8.74%
Original Mortgage
$52,110
Outstanding Balance
$39,907
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$79,325

Purchase Details

Listed on
Aug 7, 2016
Closed on
Jun 28, 2017
Sold by
Smith Andre Deleon and Smith Andree
Bought by
Green Kelli
Seller's Agent
Donald Adams
KW Realty Livingston
Buyer's Agent
Timothy Boyer
Keller Williams Advantage
List Price
$65,000
Sold Price
$62,000
Premium/Discount to List
-$3,000
-4.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.91%

Purchase Details

Listed on
Aug 7, 2016
Closed on
Jun 6, 2017
Sold by
Goldarb Bonding Agncey
Bought by
Smith Andre Deleon
Seller's Agent
Donald Adams
KW Realty Livingston
Buyer's Agent
Timothy Boyer
Keller Williams Advantage
List Price
$65,000
Sold Price
$62,000
Premium/Discount to List
-$3,000
-4.62%

Purchase Details

Closed on
Apr 9, 2004
Sold by
Deleon Smith Leo and Deleon Smith Andre
Bought by
Smith Andre Deleon
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
Shelton Tyler $67,000 None Available
Green Kelli $62,000 Devon Title Agency
Smith Andre Deleon -- Devonshire Title Agency
Smith Andre Deleon -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shelton Tyler $52,110
Closed Shelton Tyler $13,000
Previous Owner Smith Andre $50,000
Previous Owner Smith Andre D $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2018 11/01/18 Sold $67,000 -10.5% $15 / Sq Ft
10/07/2018 10/07/18 Pending -- -- --
08/23/2018 08/23/18 For Sale $74,900 +20.8% $17 / Sq Ft
06/28/2017 06/28/17 Sold $62,000 -4.6% $14 / Sq Ft
05/19/2017 05/19/17 Pending -- -- --
08/07/2016 08/07/16 For Sale $65,000 -- $15 / 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 $1,917 $52,300 $0 $0
2024 $1,917 $44,400 $0 $0
2023 $2,108 $35,400 $0 $0
2022 $2,252 $29,000 $0 $0
2021 $2,009 $23,400 $0 $0
2020 $1,999 $21,700 $0 $0
2019 $1,968 $20,500 $0 $0
2018 $1,841 $19,500 $0 $0
2017 $215 $20,000 $0 $0
2016 $1,237 $47,500 $0 $0
2015 $1,120 $13,600 $0 $0
2013 $1,085 $18,822 $0 $0
2010 -- $26,969 $1,133 $25,836
Source: Public Records

Agents Affiliated with this Home

  • Timothy Boyer

    Seller's Agent in 2018

    Timothy Boyer

    Coldwell Banker Professionals-Northville

    (248) 961-1769

    24 Total Sales

    Timothy Boyer
    Section Image

  • I

    Buyer's Agent in 2018

    Ian Mobley

    The Detroit Real Estate Agency

    Section Image

  • D

    Seller's Agent in 2017

    Donald Adams

    KW Realty Livingston

    Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 218082680

Realcomp

APN: 12-003435

Michigan Wayne County Detroit 48206 Dexter-Linwood

3275 Webb St, Detroit, MI

This home is located at 3275 Webb St, Detroit, MI 48206 since 23 August 2018 and is currently estimated at $119,232, approximately $27 per square foot. This property was built in 1925. 3275 Webb 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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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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