Seller's Agent in 2021
Hanadi Kabbani
Empire Realty Group Fawaz & Associates
(131) 337-7242
1 in this area
63 Total Sales
Estimated Value: $233,000 - $257,000
3
Beds
3
Baths
2,298
Sq Ft
$107/Sq Ft
Est. Value
About This Home
As of July 2021Come see this wonderful investment opportunity, LAND CONTRACT option is available and approvable by the financing bank. Three wonderful tenants occupy this 3 unit multifamily, with a separate storage room. These tenants are excellent tenants and always on time, 2 of them have been there more than 12 years and they take good care of the property, the third tenant has been there more than 2 years. They are collectively rented for $1680 a month, however, Rentimeter estimates the rent to should be collectively $2100 a month ($700 per unit). But we liked our tenants so much that we didn't need or want to increase their rent to that level. Property Taxes are being disputed and will hopefully be significantly reduced. The landlord pays for water but that can certainly be changed. Please DON'T disturb tenants. LC terms are 30k down-payment and 1500 monthly payment with a Balloon payment after 4 years and only 5% interest. Please don't disturb tenants, showings with accepted offer only. BATVIA
Last Agent to Sell the Property
Empire Realty Group Fawaz & Associates License #6501408759 Listed on: 07/11/2021
Last Buyer's Agent
Empire Realty Group Fawaz & Associates License #6501408759 Listed on: 07/11/2021
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1991
Lot Details
- 0.3 Acre Lot
- Lot Dimensions are 99.00x132.00
Home Design
- Triplex
- Slab Foundation
- Poured Concrete
Interior Spaces
- 3 Full Bathrooms
- 2,298 Sq Ft Home
- 1-Story Property
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Natural Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 55018050108000
Community Details
Overview
- 3 Units
- David Deforest Addition Subdivision
Pet Policy
- Call for details about the types of pets allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 11, 2021
Closed on
Jul 29, 2021
Sold by
Soha Homes Llc
Bought by
Forest Apts Llc
Seller's Agent
Hanadi Kabbani
Empire Realty Group Fawaz & Associates
Buyer's Agent
Hanadi Kabbani
Empire Realty Group
List Price
$169,900
Sold Price
$150,000
Premium/Discount to List
-$19,900
-11.71%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,697
Avg. Annual Appreciation
13.06%
Purchase Details
Closed on
Sep 1, 2020
Sold by
Gwam Homes 1 Llc
Bought by
Soha Homes Llc
Purchase Details
Listed on
Nov 29, 2017
Closed on
Aug 23, 2018
Sold by
Ali Ammar
Bought by
Gwam Homes 1 Llc
Seller's Agent
Ronald La Casse
Brookstone, Realtors LLC
Buyer's Agent
Monty Alammoury
Keller Williams Legacy
List Price
$119,900
Sold Price
$99,000
Premium/Discount to List
-$20,900
-17.43%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.70%
Original Mortgage
$74,250
Interest Rate
4.6%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 5, 2018
Sold by
Frankling Dave
Bought by
Ali Ammar
Purchase Details
Closed on
Dec 21, 1994
Sold by
Snyder Darwin B
Bought by
Dave Frankling
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,750
Interest Rate
9.27%
Mortgage Type
New Conventional
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
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Forest Apts Llc | $150,000 | None Available | |
| Forest Apts Llc | $150,000 | None Available | |
| Soha Homes Llc | -- | Michigan Title Ins Agcy Inc | |
| Soha Homes Llc | -- | Michigan Title Ins Agcy Inc | |
| Gwam Homes 1 Llc | -- | None Available | |
| Gwam Homes 1 Llc | -- | None Available | |
| Ali Ammar | $99,000 | Michigan Title Ins Agency In | |
| Ali Ammar | $99,000 | Michigan Title Ins Agency In | |
| Dave Frankling | $132,500 | -- | |
| Dave Frankling | $132,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Gwam Homes 1 Llc | $74,250 | |
| Previous Owner | Ali Ammar | $74,250 | |
| Previous Owner | Dave Frankling | $92,750 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/30/2021 07/30/21 | Sold | $150,000 | -11.7% | $65 / Sq Ft |
| 07/11/2021 07/11/21 | For Sale | $169,900 | +71.6% | $74 / Sq Ft |
| 07/10/2018 07/10/18 | Sold | $99,000 | -17.4% | $43 / Sq Ft |
| 06/06/2018 06/06/18 | Pending | -- | -- | -- |
| 01/15/2018 01/15/18 | For Sale | $119,900 | 0.0% | $52 / Sq Ft |
| 01/10/2018 01/10/18 | Pending | -- | -- | -- |
| 12/07/2017 12/07/17 | For Sale | $119,900 | 0.0% | $52 / Sq Ft |
| 12/01/2017 12/01/17 | Pending | -- | -- | -- |
| 11/29/2017 11/29/17 | For Sale | $119,900 | -- | $52 / Sq Ft |
Source: Realcomp
Tax History Compared to Growth
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 | $7,797 | $153,700 | $0 | $0 |
| 2024 | $7,797 | $142,100 | $0 | $0 |
| 2023 | $7,438 | $124,200 | $0 | $0 |
| 2022 | $8,091 | $110,700 | $0 | $0 |
| 2021 | $6,297 | $85,000 | $0 | $0 |
| 2020 | $7,959 | $95,100 | $0 | $0 |
| 2019 | $5,807 | $89,200 | $0 | $0 |
| 2018 | $3,425 | $67,100 | $0 | $0 |
| 2017 | $1,050 | $63,400 | $0 | $0 |
| 2016 | $3,993 | $60,300 | $0 | $0 |
| 2015 | $5,223 | $55,300 | $0 | $0 |
| 2013 | $5,060 | $85,900 | $0 | $0 |
| 2012 | -- | $89,200 | $16,200 | $73,000 |
Source: Public Records
Agents Affiliated with this Home
-
-
Seller Co-Listing Agent in 2021
Ammar Ali
Empire Realty Group
(313) 580-7034
1 in this area
22 Total Sales
-
Seller's Agent in 2018
Ronald La Casse
Brookstone, Realtors LLC
(313) 303-2180
1 in this area
54 Total Sales
-
Buyer's Agent in 2018
Monty Alammoury
Keller Williams Legacy
(313) 898-1808
35 Total Sales
Map
Source: Realcomp
MLS Number: 2210053063
APN: 55-018-05-0108-000
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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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