NOT LISTED FOR SALE

Estimated Value: $213,000 - $264,000

4 Beds
4 Baths
2,862 Sq Ft
$81/Sq Ft Est. Value

Sale Details

Date Sold: November 21, 2019

Last sale price $145,000 $51 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $1,353 / mo

98 Days on Market

Highlights

  • Enclosed Patio or Porch
  • Heating System Uses Steam
  • High Speed Internet
  • Balcony
  • Laundry Facilities

About This Home

As of November 2019

Buyer financing fell through!!! A great opportunity is back on the market. This is your next best investment! Buy this building and immediately begin getting your ROI. Investors are you ready for your next income stream? Search no more! All 1 bedroom units are rented. Each unit has its own gas/electric meter, and hot water tank. Each unit has it’s own appliances including washer, dryer, window air conditioner, stove, refrigerator, and microwave. Do not bother/approach tenants. All buyers must be accompanied by a real estate salesperson licensed by the state of Michigan. No virtual showings. BATVAI

Last Agent to Sell the Property

Rose Cook

National Realty Centers, Inc License #6501378051 Listed on: 07/30/2019

National Realty Centers, Inc

Last Buyer's Agent

Donni Hawthorne

Tyraa Nicole Realtors LLC License #6501371511

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1926 | Remodeled in 2014

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 35x100

Parking

  • Unassigned Parking

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 4 Full Bathrooms
  • 2,862 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Storage

Outdoor Features

  • Balcony
  • Enclosed Patio or Porch

Utilities

  • Window Unit Cooling System
  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Separate Meters
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number W12I002799S

Community Details

Overview

  • 4 Units
  • Wagers Sub Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,131

Year Built

Built in 1926 | Remodeled in 2014

Lot Details

3,485 Sq Ft Lot

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Quadruplex
  • Architecture Level: 2 Story
  • Year Built: 1926
  • State Equalized Value: 17100.0000
  • Year Renovated: 2014
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail, Laundry Facility
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement: Yes
  • Basement Type: Private Storage Locker, Unfinished
  • Total Sq Ft: 2862

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block
  • Porch Type: Balcony, Porch - Covered, Porch - Enclosed
  • Road Frontage Type: Paved

Garage/Parking

  • MF Parking: Unassigned/General

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Separate Meter, Window Unit(s)
  • Heating: Separate Meters, Steam
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Lot Info

  • List Price per Acre: 2187500.0000
  • Lot Size Area: 0.08
  • Lot Dimensions: 35x100
  • Parcel Number: W12I002799S
  • Zone Conform: Yes
  • Zoning: Multi-Family

Rental Info

  • Rent Includes: Cable TV, Internet, Snow Removal, Water/Sewer, Yard Maintenance
  • Monthly Rental Income: 2600

Tax Info

  • Tax Amount Summer: 1045.0000
  • Tax Amount Winter: 86.0000
  • Total Tax: 1131.0000
  • Taxable Value: 9168.0000

Multi Family

  • Gross Scheduled Income: 31200.00
  • Number Of Units Total: 4

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

Closed on
Feb 1, 2020
Sold by
Bought by
Current Estimated Value
$232,821

Purchase Details

Listed on
Jul 30, 2019
Closed on
Nov 21, 2019
Sold by
Bought by
Seller's Agent
Rose Cook
National Realty Centers, Inc
Buyer's Agent
Donni Hawthorne
Tyraa Nicole Realtors LLC
List Price
$174,900
Sold Price
$145,000
Premium/Discount to List
-$29,900
-17.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.46%

Purchase Details

Closed on
Aug 14, 2014
Sold by
Bought by

Purchase Details

Closed on
Mar 18, 2011
Sold by
Bought by

Purchase Details

Closed on
Apr 4, 2009
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
5.11%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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 Available
$145,000 Red Carpet Titleagency Llc
$40,000 Capital Title Ins Agency
-- None Available
$60,000 None Available
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
Previous Owner $55,000
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
11/21/2019 11/21/19 Sold $145,000 -23.7% $51 / Sq Ft
11/05/2019 11/05/19 Pending -- -- --
10/18/2019 10/18/19 Price Changed $190,000 +8.6% $66 / Sq Ft
10/18/2019 10/18/19 For Sale $174,900 0.0% $61 / Sq Ft
09/12/2019 09/12/19 Pending -- -- --
07/30/2019 07/30/19 For Sale $174,900 -- $61 / 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 $1,099 $32,300 $0 $0
2024 $1,082 $27,000 $0 $0
2023 $1,050 $22,000 $0 $0
2022 $1,116 $21,100 $0 $0
2021 $1,087 $19,600 $0 $0
2020 $1,086 $18,100 $0 $0
2019 $1,071 $17,100 $0 $0
2018 $1,046 $17,100 $0 $0
2017 $4,536 $17,600 $0 $0
2016 $1,801 $41,900 $0 $0
2015 $940 $9,400 $0 $0
2013 $1,305 $13,050 $0 $0
2010 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 219076171

Realcomp

APN: 12-002799

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