$24,500
SOLD JUL 20, 2017
6 Beds
2.5 Baths
2,968 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$8 Per Sq Ft

16% Below List Price

7 Days on Market

About This Home

As of July 2019

Great opportunity to own this brick two family unit on Detroit's Eastside located within walking distance to Grosse Pointe. Nearby hospitals, shops and restaurants. Excellent investment opportunity or a place to live. Each unit has 3 bedrooms. Full basement, fenced back yard and a 2 car detached garage. Being sold "as is". Buyers must be accompanied by agent. Cash only. Plus this home can be sold as a package with another multi family located at 17127 Kelly being sold with a Warranty Deed.

Last Agent to Sell the Property

Charles Ryan

Keller Williams Home License #6501309474 Listed on: 07/03/2017

Keller Williams Home

Last Buyer's Agent

Non Participant

Non Realcomp Office License #RCO

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
  • Block Foundation

Interior Spaces

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

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

  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • 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: Block
  • Frontage Feet: 40
  • Road Frontage Type: Paved

Utilities

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

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 263636.3636
  • Lot Size Area: 0.11
  • Lot Dimensions: 40.00X114.00
  • Parcel Number: W21I070697S
  • Zoning: Residential
  • Percent Homestead Exempt: Yes

Tax Info

  • Tax Amount Summer: 1988.0000
  • Tax Amount Winter: 277.0000
  • Total Tax: 2265.0000

Multi Family

  • Number Of Units Total: 2
  • 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
Current Estimated Value
$161,695

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
29.49%

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
27.04%

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%
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Available
Warranty Deed $35,000 Venture Title Agency
Quit Claim Deed -- None Available
Warranty Deed $24,500 Regions Title Agency Llc
Warranty Deed $27,000 Venture Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,285,000 Commercial
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

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Map

Source: Realcomp

MLS Number: 217057146

Realcomp

APN: 21-070697