NOT LISTED FOR SALE

Estimated Value: $100,000 - $184,000

3 Beds
1 Bath
1,544 Sq Ft
$91/Sq Ft Est. Value

Last Sold May 14, 2018

Last sale price $75,000 $49 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $917/month

119 Days on Market

About This Home

As of May 2018

This two unit multi-family home is there perfect addition to your list of investment properties! This are move in ready for your tenants which will have tons of interest!

Last Agent to Sell the Property

Randi Brandt

Keller Williams Realty Lakeside License #MISPE-6501401483 Listed on: 12/26/2017

Keller Williams Realty Lakeside

Last Buyer's Agent

Kevin Brojek

REALTEAM Real Estate License #RCO

REALTEAM Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1925

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 35x121

Parking

  • 1 Car Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Separate Meters

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 12004029.

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,435

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Originating MLS: MI Real Source
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: 1 Story
  • Total Tax Amount: 1435
  • Total Tax Year: 2016
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Yes
  • Basement Type: Full
  • Bedrooms: 3
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Estimated Sq Ft: 1544

Exterior Features

  • Construction: Brick
  • Foundation Type: Basement
  • Roads: Paved Street

Garage/Parking

  • Garage Spaces: 1

Utilities

  • Water: Public Water
  • Separate Electric: Yes
  • Separate Gas: Yes
  • Separate Heat: Yes
  • Separate Water: Yes
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: 12004029.
  • Lot Dimensions: 35x121
  • Acreage: 0.1
  • Zoning: Residential
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2016, Amount: $1,293.00
  • Winter Tax: Year: 2016, Amount: $142.00
  • Total Tax: Year: 2016, Amount: $1,435.00

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Detroit City School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 26, 2017
Closed on
May 10, 2018
Sold by
Martin Powelson A Member Mpvb Properties
Bought by
Rumford Jonathan
Seller's Agent
Randi Brandt
Keller Williams Realty Lakeside
Buyer's Agent
Kevin Brojek
REALTEAM Real Estate
List Price
$75,000
Sold Price
$75,000
Current Estimated Value
$140,184

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,184
Avg. Annual Appreciation
7.22%

Purchase Details

Closed on
Jan 17, 2018
Sold by
Rumford Jonathan
Bought by
Connect The Dots Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,400
Interest Rate
4.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 1, 2016
Sold by
Sabree Eric R
Bought by
Mpbv Properies Llc

Purchase Details

Closed on
May 17, 2013
Sold by
New Orbit Funding Llc
Bought by
Global Income Assets Pty Llc

Purchase Details

Closed on
May 8, 2013
Sold by
Coplin Llc
Bought by
New Orbit Funding Llc

Purchase Details

Closed on
Nov 4, 2009
Sold by
Nur Said T
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 11, 2007
Sold by
Ramsey William L
Bought by
Nur Said

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
11.5%
Mortgage Type
Unknown
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
Rumford Jonathan $75,000 First American Title Ins Co
Connect The Dots Inc -- First American Title
Mpbv Properies Llc $4,001 None Available
Global Income Assets Pty Llc $11,000 None Available
New Orbit Funding Llc $11,000 None Available
Federal National Mortgage Association $99,492 None Available
Nur Said $85,000 Title Resource
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Connect The Dots Inc $56,400
Previous Owner Nur Said T $95,000
Previous Owner Nur Said $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2018 05/14/18 Sold $75,000 0.0% $49 / Sq Ft
04/24/2018 04/24/18 Pending -- -- --
12/26/2017 12/26/17 For Sale $75,000 -- $49 / Sq Ft
Source: Michigan Multiple Listing Service

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 $1,838 $50,700 $0 $0
2024 $1,838 $43,100 $0 $0
2023 $2,031 $34,400 $0 $0
2022 $2,196 $28,100 $0 $0
2021 $2,797 $22,800 $0 $0
2020 $2,207 $21,100 $0 $0
2019 $2,301 $19,900 $0 $0
2018 $1,315 $18,800 $0 $0
2017 $235 $19,200 $0 $0
2016 $1,434 $44,800 $0 $0
2015 $1,290 $12,900 $0 $0
2013 $1,314 $17,976 $0 $0
2010 -- $25,756 $992 $24,764
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31337252

Michigan Multiple Listing Service

APN: 12-004029