$70,000
SOLD APR 14, 2023
6 Beds
2 Baths
2,756 Sq Ft
4,356 Sq Ft Lot

Recently Sold

$25 Per Sq Ft

17% Above List Price

95 Days on Market

Highlights

  • Hot Water Heating System
  • 1 Car Garage
  • Dogs and Cats Allowed
  • Cass Technical High School Rated 10

About This Home

As of June 2025

**Calling all INVESTORS** Make this 2-unit multi-family property your next income property! The property features 2 units, each with 3 large bedrooms and 1 bathroom. Both units have hardwood floors that are in solid condition, spacious kitchens, separate gas and electric utilities, and large living and dining rooms! Spacious basement with a small bar/kitchenette on one side jus to give some rehab ideas. Comparable sales in the area are in the 150-180K range for rehabbed properties, making this the perfect property for the BRRRR method! Home is in living condition, and functioning order. This property is about a block away from the Dexter corridor, which is slated to receive a facelift of the streetscape and has already seen millions of dollars in private investment! This property is located a short distance from the Russell Woods/Nardin Park Strategic Neighborhood Fund area, which is also generating significant investment in the surrounding area!

Last Agent to Sell the Property

Devin Raines

EXP Realty Main License #6501422694 Listed on: 01/06/2023

EXP Realty Main

Last Buyer's Agent

Marta Kopania

Downtown Realty License #6501424283

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1924

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 34.00 x 125.00

Parking

  • 1 Car Garage

Home Design

  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • 2 Full Bathrooms
  • 2,756 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number W12I003544S
  • Seller Concessions Offered

Community Details

Overview

  • 2 Units
  • Tuxedo Addition Sub Subdivision

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,152

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Assessment: 340.00
  • Year Built: 1924
  • State Equalized Value: 24000.0000
  • Pets Allowed: Cats OK | Dogs OK
  • 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: 2756
  • Total Sq Ft: 2756
  • Sq Ft Total Bsmt: 1378

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Brick/Mortar
  • Road Frontage Type: Paved

Garage/Parking

  • Garage: Yes
  • Total Parking Spaces: 1

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Hot Water
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 600000.0000
  • Lot Size Area: 0.10
  • Lot Dimensions: 34.00 x 125.00
  • Parcel Number: W12I003544S
  • Zoning: Residential

Tax Info

  • Tax Amount Summer: 1046.0000
  • Tax Amount Winter: 106.0000
  • Total Tax: 1152.0000
  • Taxable Value: 11619.0000

Multi Family

  • Number Of Units Total: 2
  • Number of Three Bedroom Units: 2

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2025
Closed on
Jun 20, 2025
Sold by
Bicoastal Holdings Mi Llc
Bought by
Fernandez Melissa
Seller's Agent
Marta Kopania
Downtown Realty
Buyer's Agent
Mohamad Kahala
Real Broker LLC
List Price
$199,990
Sold Price
$180,000
Premium/Discount to List
-$19,990
-10%
Total Days on Market
95
Views
38

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-74.83%
Original Mortgage
$148,000
Outstanding Balance
$147,873
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$4,666

Purchase Details

Listed on
Jan 6, 2023
Closed on
Apr 14, 2023
Sold by
Thornhill Celestine
Bought by
Bicoastal Holdings Mi Llc
Seller's Agent
Devin Raines
EXP Realty Main
Buyer's Agent
Marta Kopania
Downtown Realty
List Price
$60,000
Sold Price
$70,000
Premium/Discount to List
$10,000
16.67%
Views
42

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
53.92%
Original Mortgage
$97,500
Interest Rate
6.6%
Mortgage Type
New Conventional
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 $185,000 Old Woodward Title
Warranty Deed $185,000 Old Woodward Title
Warranty Deed $70,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $148,000 New Conventional
Closed $148,000 New Conventional
Previous Owner $159,000 Credit Line Revolving
Previous Owner $97,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2025 06/20/25 Sold $180,000 -2.7% $65 / Sq Ft
05/09/2025 05/09/25 Pending -- -- --
05/07/2025 05/07/25 Price Changed $185,000 -2.1% $67 / Sq Ft
05/02/2025 05/02/25 Price Changed $189,000 -3.1% $69 / Sq Ft
04/28/2025 04/28/25 Price Changed $195,000 -1.0% $71 / Sq Ft
04/22/2025 04/22/25 Price Changed $197,000 -1.5% $71 / Sq Ft
04/15/2025 04/15/25 For Sale $199,990 +185.7% $73 / Sq Ft
04/14/2023 04/14/23 Sold $70,000 +16.7% $25 / Sq Ft
04/11/2023 04/11/23 Pending -- -- --
01/06/2023 01/06/23 For Sale $60,000 -- $22 / 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 $50 $0 $0 $0
2023 $170 $0 $0 $0
2022 $623 $24,000 $0 $0
2021 $1,322 $19,500 $0 $0
2020 $1,322 $18,000 $0 $0
2019 $1,204 $17,000 $0 $0
2018 $1,062 $16,100 $0 $0
2017 $197 $16,400 $0 $0
2016 $1,164 $38,400 $0 $0
2015 $1,029 $12,700 $0 $0
2013 $997 $17,650 $0 $0
2010 -- $25,289 $876 $24,413
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: Realcomp

MLS Number: 20221071041

Realcomp

APN: 12-003544