NOT LISTED FOR SALE

Estimated Value: $144,000 - $300,000

8 Beds
4 Baths
4,661 Sq Ft
$49/Sq Ft Est. Value

Last Sold January 07, 2019

Last sale price $160,000 $34 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $1,506/month

65 Days on Market

Highlights

  • Deck
  • Covered Patio or Porch
  • Ceiling Fan
  • Cass Technical High School Rated 10
  • Forced Air Heating System

About This Home

As of January 2019

Investor friendly, four unit building available in the growing community of Southwest, Detroit. All units consist of 2 bedrooms, 1 bath with a spacious kitchen and comfortable living room. Building was fully gutted and renovated in 2007 and is free of all asbestos and has passed its lead based paint inspection.

Last Agent to Sell the Property

Vincent Mazzola

O'Connor Realty Detroit, LLC License #6501387170 Listed on: 10/01/2018

Co-Listed By

Griffin Krebsbach

O'Connor Realty Detroit, LLC License #6501415617

Last Buyer's Agent

Vicki Ashton-Hendrixson

Real Estate One-Southgate License #6501152075

Real Estate One-Southgate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1910

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 31.00x150.00

Parking

  • Paved Parking

Home Design

  • Quadruplex
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 4 Full Bathrooms
  • 4,661 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • 4 Units
  • Cicotte Gilbert & Barkum Es Subdivision

Listing and Financial Details

  • Assessor Parcel Number W18I010368C9

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$818

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Quadruplex
  • Architecture Level: 2 Story
  • Year Built: 1910
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement: Yes
  • Basement Type: Common
  • Sq Ft Combined: 4661
  • Total Sq Ft: 4661

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Aluminum
  • Foundation Materials: Block
  • Frontage Feet: 31
  • Porch Type: Deck, Porch - Covered
  • Road Frontage Type: Paved

Garage/Parking

  • MF Parking: Paved

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s)
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 1636363.6364
  • Lot Size Area: 0.11
  • Lot Dimensions: 31.00X150.00
  • Parcel Number: W18I010368C9
  • Zone Conform: Yes
  • Zoning: Multi-Family

Rental Info

  • Legal Rental Certified: Yes
  • Monthly Rental Income: 2200

Tax Info

  • Tax Amount Summer: 766.0000
  • Tax Amount Winter: 52.0000
  • Total Tax: 818.0000

Multi Family

  • Gross Scheduled Income: 26400.00
  • Number Of Units Total: 4
  • Number of Two Bedroom Units: 4
  • Number Of Units Leased: 4

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2018
Closed on
Jan 7, 2019
Sold by
Araj Amjad and Araj Esperanza
Bought by
Vivers Homes Llc
Seller's Agent
Vincent Mazzola
O'Connor Realty Detroit, LLC
Buyer's Agent
Vicki Ashton-Hendrixson
Real Estate One-Southgate
List Price
$180,000
Sold Price
$160,000
Premium/Discount to List
-$20,000
-11.11%
Current Estimated Value
$227,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,333
Avg. Annual Appreciation
5.43%

Purchase Details

Listed on
Oct 1, 2018
Closed on
Jan 3, 2019
Sold by
Araja Christopher
Bought by
Araj Amjad and Araj Espcranza
Seller's Agent
Vincent Mazzola
O'Connor Realty Detroit, LLC
Buyer's Agent
Vicki Ashton-Hendrixson
Real Estate One-Southgate
List Price
$180,000
Sold Price
$160,000
Premium/Discount to List
-$20,000
-11.11%

Purchase Details

Closed on
Oct 6, 2011
Sold by
Qaqish Amer
Bought by
Araj Christopher N

Purchase Details

Closed on
Jan 15, 2009
Sold by
Araja Amjad and Araj Esperanza
Bought by
Qaqish Amer

Purchase Details

Closed on
Feb 10, 2007
Sold by
Stewardship Fund Lp
Bought by
Araj Amjad

Purchase Details

Closed on
Dec 26, 2006
Sold by
Destiny Ventures Llc
Bought by
Stewardship Fund Lp

Purchase Details

Closed on
Aug 25, 2006
Sold by
Wm Specialty Mortgage Llc
Bought by
Destiny Ventures Llc

Purchase Details

Closed on
Nov 9, 2005
Sold by
Mahabir Charles
Bought by
Wm Specialty L Mortgage Llc

Purchase Details

Closed on
Mar 4, 2004
Sold by
Meyers Yvonne and Trowell Carol L
Bought by
Mahabir Charles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,250
Interest Rate
4.07%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 30, 1994
Sold by
Lachut Joseph
Bought by
Yvonne Meyers
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
Vivers Homes Llc $242,500 Bell Title Agency
Araj Amjad -- Bell Title Agency
Araj Christopher N -- None Available
Qaqish Amer $22,000 Complete Title Services Of S
Araj Amjad $8,000 American Premier Title
Stewardship Fund Lp $500 American Premier Title
Destiny Ventures Llc -- Etitle Agency Inc
Wm Specialty L Mortgage Llc $106,348 None Available
Mahabir Charles $82,500 Commonwealth Title
Yvonne Meyers $21,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vivere Homes Llc $378,400
Previous Owner Araj Amjad $105,000
Previous Owner Mahabir Charles $99,000
Previous Owner Mahabir Charles $74,250
Closed Yvonne Meyers $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/07/2019 01/07/19 Sold $160,000 -11.1% $34 / Sq Ft
12/05/2018 12/05/18 Pending -- -- --
10/01/2018 10/01/18 For Sale $180,000 -- $39 / 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 $3,208 $86,400 $0 $0
2024 $3,208 $71,400 $0 $0
2023 $3,119 $55,000 $0 $0
2022 $3,353 $46,000 $0 $0
2021 $3,250 $36,100 $0 $0
2020 $3,249 $34,000 $0 $0
2019 $744 $26,500 $0 $0
2018 $768 $22,200 $0 $0
2017 $103 $19,900 $0 $0
2016 $820 $5,700 $0 $0
2015 $570 $5,700 $0 $0
2013 $634 $6,341 $0 $0
2010 -- $9,084 $463 $8,621
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 218096013

Realcomp

APN: 18-0103689