NOT LISTED FOR SALE

Estimated Value: $112,000 - $230,343

8 Beds
4 Baths
3,638 Sq Ft
$50/Sq Ft Est. Value

Sale Details

Date Sold: January 12, 2024

Last sale price $200,750 $55 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $1,392 / mo

18 Days on Market

Highlights

  • No HOA
  • 2 Car Detached Garage
  • Central Air
  • Balcony
  • Enclosed Patio or Porch
  • Ceiling Fan

About This Home

As of January 2024

Exceptional investment opportunity in Detroit! Completely renovated this year with new everything! This expansive brick multi-family flat offers two generous units, each featuring 3 bedrooms and 2 bathrooms. You'll appreciate the spacious master suites in each unit for added comfort and privacy. With 3640 SqFt of total living space, there's room for everyone. Hardwood floors add timeless character, waiting to be revealed. A full basement and a 2-car garage provide practical storage and parking options. Outside, the privacy-fenced yard is perfect for relaxation and gatherings. This property is not just a home; it's a great rental income opportunity. Don't miss your chance to own a piece of Detroit real estate with endless potential!

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
Collateral Analytics

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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925 | Remodeled in 2023

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40.00 x 121.00
  • Back Yard Fenced

Parking

  • 2 Car Detached Garage

Home Design

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

Interior Spaces

  • 3,638 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Carbon Monoxide Detectors

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Unfinished Basement

  • Sump Pump
  • Natural lighting in basement

Outdoor Features

  • Balcony
  • Enclosed Patio or Porch

Location

  • Ground Level

Utilities

  • Central Air
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • 100 Amp Service
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number W12I003438S
  • $4,000 Seller Concession

Community Details

Overview

  • No Home Owners Association
  • Webb Avenue Sub Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Year Built

Built in 1925 | Remodeled in 2023

Lot Details

4,792 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Architecture Style: Duplex, Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Year Built: 1925
  • Year Renovated: 2023
  • Foundation Features: Sump Pump
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Yes
  • Special Features: NewHome
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Smoke Alarm, 100 Amp Service, Carbon Monoxide Alarm(s), Circuit Breakers
  • Total Bedrooms: 8
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement: Yes
  • Basement Type: Daylight, Unfinished
  • Total Sq Ft: 3638

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: Fenced
  • Foundation Materials: Block
  • Porch Type: Balcony, Porch - Enclosed, Porch
  • Road Frontage Type: Paved, Pub. Sidewalk
  • Sideof Street: S
  • Fencing: Back Yard, Fenced

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Detached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Hot Water
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Lot Size Area: 0.11
  • Lot Dimensions: 40.00 x 121.00
  • Parcel Number: W12I003438S

MLS Schools

  • School District: Detroit

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2023
Closed on
Jan 12, 2024
Sold by
Siddiqui Mansoor
Bought by
List Price
$220,000
Sold Price
$200,750
Premium/Discount to List
-$19,250
-8.75%
Views
326
Current Estimated Value
$183,086

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$17,664
Avg. Annual Appreciation
-3.40%
Original Mortgage
$160,600
Outstanding Balance
$156,415
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$26,671

Purchase Details

Closed on
May 12, 2023
Sold by
Detroit Land Bank Authority
Bought by
Usenvbuwa Bon

Purchase Details

Closed on
Mar 28, 2019
Sold by
The Detroit Land Bank Authority
Bought by
Clark Joseph

Purchase Details

Closed on
Jan 12, 2017
Sold by
Sabree Eric R
Bought by
Detroit Land Bank Authority

Purchase Details

Closed on
Jul 27, 2012
Sold by
Wayne County Treasurer
Bought by
Roberts Realty

Purchase Details

Closed on
Feb 20, 2007
Sold by
Wadha Michael
Bought by
Pearson John C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
10.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 8, 2006
Sold by
Webb Andra
Bought by
Wells Fargo Bank Na and Park Place Securities Inc Asset Backed P

Purchase Details

Closed on
Sep 27, 2002
Sold by
Conseco Finance Servicin
Bought by
Todd Group
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
Siddiqui Mansoor $200,750 Embassy Title Agency
Usenvbuwa Bon $25,000 None Listed On Document
Clark Joseph $1,000 Title Source Inc
Detroit Land Bank Authority -- None Available
Detroit Land Bank Authority -- None Available
Roberts Realty $500 None Available
Pearson John C $100,000 Paragon Title
Wells Fargo Bank Na $117,049 None Available
Todd Group $18,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $160,600
Previous Owner Pearson John C $80,000
Previous Owner Webb Andra $108,900
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/12/2024 01/12/24 Sold $200,750 -8.8% $55 / Sq Ft
11/21/2023 11/21/23 Pending -- -- --
11/02/2023 11/02/23 For Sale $220,000 -- $60 / Sq Ft
Source: Realcomp

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $4,585 $58,700 $0 $0
2024 -- $49,900 $0 $0
2023 $0 $0 $0 $0
2022 $0 $0 $0 $0
2021 $0 $0 $0 $0
2020 $0 $0 $0 $0
2019 $0 $0 $0 $0
2018 $0 $22,500 $0 $0
2017 $235 $23,100 $0 $0
2016 $1,434 $49,900 $0 $0
2015 $110 $1,100 $0 $0
2013 $1,921 $19,214 $0 $0
2010 -- $27,529 $1,133 $26,396
Source: Public Records

Map

Source: Realcomp

MLS Number: 20230092480

Realcomp

APN: 12-003438

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