NOT LISTED FOR SALE

Estimated Value: $150,000 - $177,000

6 Beds
2 Baths
2,968 Sq Ft
$56/Sq Ft Est. Value

Last Sold July 11, 2019

Last sale price $35,000 $12 Per Sq Ft

Est. 374% increase in value since last sale

Current estimated payment $1,163/month

6 Days on Market

Highlights

  • Covered patio or porch
  • Forced Air Heating System
  • High Speed Internet
  • Cass Technical High School Rated 10

About This Home

As of July 2019

***PROPERTY IS UNDER CONTRACT, SUBJECT TO INSPECTION PERIOD*** ALMOST 3,000 SQUARE FEET!!! This Morningside duplex is absolutely massive! Each unit features 3 large bedrooms, a full bathroom, a living room, dining room, and large kitchen. The unfinished attic is also large enough to be converted into its own studio/efficiency unit as well. The Morningside neighborhood is benefiting from the Strategic Neighborhood Fund designation that is driving commercial investment along the Mack Avenue corridor and around nearby East English Village. This property is being sold AS-IS.

Last Listed By

Ryan Kain

RE/MAX Leading Edge License #6501401697 Listed on: 06/12/2019

RE/MAX Leading Edge

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40.00x114.00

Home Design

  • Duplex
  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • 2 Full Bathrooms
  • 2,968 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Parking

  • Paved Parking
  • On-Street Parking
  • Unassigned Parking

Outdoor Features

  • Covered patio or porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Sewer in Street
  • High Speed Internet

Community Details

  • 2 Units
  • East Detroit Development Cos No 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number W21I070697S

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 2 Story
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: High Spd Internet Avail
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 2968
  • Total Sq Ft: 2968
  • Sq Ft Total Bsmt: 1484

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Brick/Mortar
  • Frontage Feet: 40
  • Porch Type: Porch - Covered
  • Road Frontage Type: Paved

Garage/Parking

  • MF Parking: On Street, Paved, Unassigned/General

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Sewer at Street
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 363636.3636
  • Lot Size Area: 0.11
  • Lot Dimensions: 40.00X114.00
  • Parcel Number: W21I070697S
  • Zone Conform: Yes
  • Zoning: Residential

Tax Info

  • Tax Amount Summer: 2196.0000
  • Tax Amount Winter: 229.0000
  • Total Tax: 2425.0000

Multi Family

  • Number Of Units Total: 2
  • Unit Count: 1
  • Number of Three Bedroom Units: 2

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 26, 2021
Sold by
City Living Llc
Bought by
Bedford Investments Spe Llc
Total Days on Market
6
Current Estimated Value
$165,866

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,285,000
Outstanding Balance
$2,091,177
Interest Rate
2.9%
Mortgage Type
Commercial
Estimated Equity
-$1,925,311

Purchase Details

Listed on
Jun 12, 2019
Closed on
Jul 12, 2019
Sold by
Rama Banja Enterprises Llc
Bought by
Citi Living Llc
Seller's Agent
Ryan Kain
RE/MAX Leading Edge
Buyer's Agent
Non Participant
Non Realcomp Office
List Price
$40,000
Sold Price
$35,000
Premium/Discount to List
-$5,000
-12.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.53%

Purchase Details

Closed on
May 1, 2018
Sold by
Branch Randall D and Branch Gertrude M
Bought by
Rama Banja Enterprises Llc

Purchase Details

Listed on
Jul 3, 2017
Closed on
Jun 27, 2017
Sold by
Rivas Ricardo
Bought by
Branch Randall D
Seller's Agent
Charles Ryan
Keller Williams Home
Buyer's Agent
Non Participant
Non Realcomp Office
List Price
$29,000
Sold Price
$24,500
Premium/Discount to List
-$4,500
-15.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.75%

Purchase Details

Listed on
Sep 29, 2015
Closed on
May 19, 2016
Sold by
Sanders Lester and Sanders Christine
Bought by
Rivas Ricardo
Seller's Agent
Mark Nasser
RE/MAX Leading Edge
Buyer's Agent
Gerald Acho
City Real Estate Group
List Price
$30,000
Sold Price
$27,000
Premium/Discount to List
-$3,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-7.97%

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Similar Homes in Detroit, MI

  • 5299 Drexel St, Detroit, MI 48213

    $140,000

    • 4 Beds
    • 2.5 Baths
    • 1,914 Sq Ft
    • 5299 Drexel St
    • Detroit, MI

    Excellent investment opportunity! This fully leased, income-producing multi-family brick home features two spacious units, each offering 2 bedrooms and 1 bathroom. Updated and remodeled in 2023, the property boasts a brand-new roof, updated mechanicals, and a well-designed layout. Enjoy additional space with two side lots, a large driveway, and a generously sized yard—perfect for outdoor

    Jennifer Aparicio EXP Realty Main

    Section Image
  • 2431 Tyler St, Detroit, MI 48238

    $134,000

    • 5 Beds
    • 2 Baths
    • 2,320 Sq Ft
    • 2431 Tyler St
    • Detroit, MI

    This 2,320 sq. ft, 5-bedroom, 2-bath duplex is full of potential and is positioned less than a mile away from the construction of the Detroit Horse Power Urban Equestrian Center, set to be the largest urban equestrian center in the U.S. The 2026 completion target provides a strategic opportunity to invest early and benefit from rising property values as the neighborhood flourishes.The lower unit

    Gentraia Brown RE/MAX City Centre

    Section Image
  • 12780 Santa Rosa Dr, Detroit, MI 48238

    $179,900

    • 6 Beds
    • 2 Baths
    • 2,174 Sq Ft
    • 12780 Santa Rosa Dr
    • Detroit, MI

    Great investment opportunity for your portfolio!!. Tenant in upstairs unit. Lower unit is available for showing.

    Vicki Ashton-Hendrixson Real Estate One-Southgate

    Section Image
  • 3934 Devonshire Rd, Detroit, MI 48224

    $149,900

    • 4 Beds
    • 2 Baths
    • 1,905 Sq Ft
    • 3934 Devonshire Rd
    • Detroit, MI

    Calling all Investors and House Hackers!! Come see this roomy duplex in one of Detroit's most Historic areas, Morningside!!! This Duplex brings in 1000/mo currently . The upper is occupied and the bottom unit is vacant. Property has the potential to be more profitable due to rent being below market! Both upstairs and downstairs units have two bedrooms, a den, a dining room and one full bath.

    Chauntia Rogers Metropolitan Real Estate

    Section Image
  • 5042 Devonshire Rd, Detroit, MI 48224

    $155,000

    • 4 Beds
    • 2 Baths
    • 2,137 Sq Ft
    • 5042 Devonshire Rd
    • Detroit, MI

    GREAT OPPORTUNITY!!! MONEY MAKER LOCATED IN VERY NICE BLOCK!!!

    Gaston Munoz Munoz Realty Inc

    Section Image
  • 2135 Lakewood St, Detroit, MI 48215

    $185,000

    • 6 Beds
    • 3 Baths
    • 2,724 Sq Ft
    • 2135 Lakewood St
    • Detroit, MI

    Solid brick Upper Lower duplex near the Detroit / Grosse Pointe border. Great opportunity for an owner occupant to live in one unit and rent the other unit. Spacious 3 bedroom units boast updated kitchens and baths. Hardwood floors. Fireplace. Vinyl windows. Upper unit vacant, lower unit rented to a performing tenant with a current rent rate of 1100 per month. Superb location with Detroit

    Ben Ness Clyde Realty LLC

    Section Image
  • 5752 Chatsworth St, Detroit, MI 48224

    $150,000

    • 4 Beds
    • 2.5 Baths
    • 2,600 Sq Ft
    • 5752 Chatsworth St
    • Detroit, MI

    This recently remodeled (2024) three-level multi-family home is a fantastic opportunity in a highly desirable area. With modern updates throughout, the property offers both style and functionality. The finished basement adds valuable living space, featuring a bedroom, kitchen, and office. Don't miss out on this well-appointed home in a prime location!

    Glover Agency KW Professionals

    Section Image
  • 667 Manistique St, Detroit, MI 48215

    $150,097

    • 6 Beds
    • 2 Baths
    • 2,240 Sq Ft
    • 667 Manistique St
    • Detroit, MI

    Two family flat 3/3 available on Manistique St. in Detroit. This east side property found close to Gross Pointe and Detroit River. It is truly an upward bound neighborhood. The side lot is included in said sale. Structure has the benefit of new replacement windows. Don't miss this income lovers opportunity, move today!

    Herbert Hill Herbert J Hill Realty Real Estate Master

    Section Image
  • 661 Manistique St, Detroit, MI 48215

    $194,999

    • 6 Beds
    • 2.5 Baths
    • 2,262 Sq Ft
    • 661 Manistique St
    • Detroit, MI

    Welcome to this beautifully renovated duplex in the heart of Jefferson Chalmers! This charming property offers two spacious units, each featuring modern updates and classic appeal, making it perfect for investors or homeowners looking for additional rental income.Located in the booming Jefferson Chalmers neighborhood, this duplex includes two units, each with three bedrooms and one

    Justin Schickler NextHome Aegis Properties

    Section Image

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
Bedford Investments Spe Llc -- None Available
Citi Living Llc $35,000 Venture Title Agency
Rama Banja Enterprises Llc -- None Available
Branch Randall D $24,500 Regions Title Agency Llc
Rivas Ricardo $27,000 Venture Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bedford Investments Spe Llc $2,285,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2019 07/11/19 Sold $35,000 -12.5% $12 / Sq Ft
06/18/2019 06/18/19 Pending -- -- --
06/12/2019 06/12/19 For Sale $40,000 +63.3% $13 / Sq Ft
07/20/2017 07/20/17 Sold $24,500 -15.5% $8 / Sq Ft
07/10/2017 07/10/17 Pending -- -- --
07/03/2017 07/03/17 For Sale $29,000 +7.4% $10 / Sq Ft
05/19/2016 05/19/16 Sold $27,000 -10.0% $9 / Sq Ft
05/04/2016 05/04/16 Pending -- -- --
09/29/2015 09/29/15 For Sale $30,000 -- $10 / 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
2024 $2,918 $76,100 $0 $0
2023 $3,083 $59,900 $0 $0
2022 $3,307 $44,600 $0 $0
2021 $3,208 $36,000 $0 $0
2020 $3,207 $32,400 $0 $0
2019 $2,724 $27,000 $0 $0
2018 $2,196 $24,100 $0 $0
2017 $440 $23,200 $0 $0
2016 $2,265 $26,000 $0 $0
2015 $1,300 $13,000 $0 $0
2013 $2,732 $27,316 $0 $0
2010 -- $40,050 $1,309 $38,741
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 219056058

Realcomp

APN: 21-070697