$45,000
SOLD MAR 25, 2019
6 Beds
2 Baths
2,304 Sq Ft
4,356 Sq Ft Lot

Recently Sold

$20 Per Sq Ft

44% Below List Price

100 Days on Market

Highlights

  • Enclosed Patio or Porch
  • Cass Technical High School Rated 10
  • Forced Air Heating System

About This Home

As of May 2022

This brick three bedroom two family is located in an up and coming area and is close to historic Boston Edison. Mid Town and New Center areas.
The area is close to shopping, transportation, dining and Henry Ford Hospital This home has a newer roof and a newer porch on the upper enclosed sun porch. The tenants are long term tenants. Buyers agents must accompany buyers on all showings. Property is sold in as-is condition. This home has lots of potential and can be used as income property or as owner occupant and rent the other unit out. All showings require 24 hour notice, no exceptions. BUYER MUST BE ACCOMPANIED BY A LICENSED AGENT FOR ALL SHOWINGS. NO VIRTUAL SHOWINGS, NO EXCEPTIOONS

Last Agent to Sell the Property

Constance Callaway

On Point Real Estate Solutions Inc License #6501301261 Listed on: 09/01/2018

Last Buyer's Agent

Constance Callaway

On Point Real Estate Solutions Inc License #6501301261 Listed on: 09/01/2018

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1923

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 34.00x124.78

Parking

  • 2 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Brick Foundation
  • Asphalt Roof

Interior Spaces

  • 2 Full Bathrooms
  • 2,304 Sq Ft Home
  • 2-Story Property
  • Basement

Outdoor Features

  • Enclosed Patio or Porch

Utilities

  • Forced Air Heating System
  • Gravity Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Sewer in Street

Community Details

  • 2 Units
  • Linwood Park Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number W12I003083S

Property Details

Home Type

Multi-Family

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Private
  • Sq Ft Combined: 2304
  • Total Sq Ft: 2304
  • Sq Ft Total Bsmt: 1200

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Brick/Mortar
  • Frontage Feet: 34
  • Porch Type: Porch, Porch - Enclosed
  • Road Frontage Type: Paved, Pub. Sidewalk
  • Sideof Street: S

Garage/Parking

  • Total Parking Spaces: 2

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air, Gravity
  • 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: 650000.0000
  • Lot Size Area: 0.10
  • Lot Dimensions: 34.00X124.78
  • Parcel Number: W12I003083S
  • Zoning: Residential

Rental Info

  • Rent Includes: Water/Sewer, Yard Maintenance
  • Monthly Rental Income: 950

Tax Info

  • Tax Amount Summer: 1177.0000
  • Tax Amount Winter: 101.0000
  • Total Tax: 1278.0000

Multi Family

  • Gross Scheduled Income: 11400.00
  • Number Of Units Total: 2
  • Unit Count: 1
  • Number of Three Bedroom Units: 2
  • Number Of Units Leased: 2

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2021
Closed on
May 10, 2022
Sold by
Louise Parkland Holdings Llc
Bought by
Ross Emma M
Seller's Agent
Ryan Kain
RE/MAX Leading Edge
Buyer's Agent
Jeremy Burgess
Keller Williams Somerset
List Price
$179,888
Sold Price
$150,000
Premium/Discount to List
-$29,888
-16.61%
Current Estimated Value
$158,457

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,457
Avg. Annual Appreciation
1.68%
Original Mortgage
$112,500
Outstanding Balance
$107,196
Interest Rate
5.27%
Mortgage Type
New Conventional
Estimated Equity
$51,261

Purchase Details

Listed on
Sep 1, 2018
Closed on
Mar 19, 2019
Sold by
Francis Benjamin and Francis Juanita
Bought by
Louise Parkland Holdings Llc
Seller's Agent
Constance Callaway
On Point Real Estate Solutions Inc
Buyer's Agent
Constance Callaway
On Point Real Estate Solutions Inc
List Price
$79,900
Sold Price
$45,000
Premium/Discount to List
-$34,900
-43.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
46.91%
Source: Public Records

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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 $150,000 First American Title
Warranty Deed $45,000 First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $112,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2022 05/10/22 Sold $150,000 -3.2% $60 / Sq Ft
04/11/2022 04/11/22 Pending -- -- --
03/02/2022 03/02/22 Price Changed $154,900 -8.8% $62 / Sq Ft
01/31/2022 01/31/22 Price Changed $169,900 -2.9% $68 / Sq Ft
11/22/2021 11/22/21 Price Changed $174,888 -2.8% $70 / Sq Ft
10/26/2021 10/26/21 For Sale $179,888 +299.8% $72 / Sq Ft
03/25/2019 03/25/19 Sold $45,000 -30.8% $20 / Sq Ft
12/10/2018 12/10/18 Pending -- -- --
10/09/2018 10/09/18 Price Changed $65,000 -18.6% $28 / Sq Ft
09/01/2018 09/01/18 For Sale $79,900 -- $35 / 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 $2,275 $40,600 $0 $0
2024 $2,275 $34,400 $0 $0
2023 $2,457 $27,500 $0 $0
2022 $1,860 $22,100 $0 $0
2021 $1,809 $17,900 $0 $0
2020 $1,809 $16,600 $0 $0
2019 $1,529 $15,700 $0 $0
2018 $1,181 $14,900 $0 $0
2017 $203 $15,300 $0 $0
2016 $1,283 $35,900 $0 $0
2015 $1,120 $11,200 $0 $0
2013 $1,560 $15,598 $0 $0
2010 -- $22,349 $979 $21,370
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 218085562

Realcomp

APN: 12-003083