NOT LISTED FOR SALE

35 Knox St Ecorse, MI 48229

Estimated Value: $278,000 - $657,000

4 Beds
7 Baths
3,864 Sq Ft
$107/Sq Ft Est. Value

Last Sold October 21, 2019

Last sale price $240,000 $62 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $2,795/month

9 Days on Market

About This Home

As of October 2019

***MULTIPLE OFFERS, HIGHEST AND BEST DUE TUESDAY 8-27-19 BY 5PM***FULLY RENTAL CERTIFIED AND C OF O WILL BE AVAILABLE AT CLOSING! GREAT INVESTMENT OPPORTUNITY FOR NEW OR SEASONED INVESTORS!
2 BUILDINGS ON ONE TAX ID. BOTH ROOFS APPROX 10 YRS OLD, ALL WINDOWS ARE WALLSIDE 2019 W/THE EXCEPTION OF SOME THAT WERE REPLACED 10 YEARS AGO. FRONT BLDG HAS 4 UNITS: 3 RENOVATED STUDIOS(FLOORING, PAINT, PLUMBING WHERE NEEDED, ENTRY DOORS, BATHROOMS)AND A 2 BEDROOM APARTMENT WITH SITTING ROOM COMPLETELY RENOVATED( LAMINATE FLOORING, SOLID WOOD DOORS, CEILING FANS, CERAMIC BATHROOM/SHOWER W/ LAUNDRY IN UNIT) REAR BLDG HAS 3 UNITS(2-1 BEDROOM/1 STUDIO) RENOVATED (FLOORING.FRESH PAINT, NEW ENTRY DOORS, REMODELED BATHROOMS, NEW LIGHT FIXTURES, DIGITAL THERMOSTATS) *NO VACANCIES ALL UNITS ARE OCCUPIED/RENTED OUT* PREAPPROVAL OR PROOF OF FUNDS NEEDED BEFORE REQUESTING SHOWINGS
*48 HOUR NOTICE FOR SHOWINGS*

Last Agent to Sell the Property

Kevin Sabuda

Metropolitan Real Estate License #6501363538 Listed on: 08/20/2019

Last Buyer's Agent

Muhammad Saleem

Onyx Real Estate Solutions License #6502261212

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1920 | Remodeled in 2019

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 60.00x100.00

Home Design

  • 3,864 Sq Ft Home
  • Quadruplex
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Bedrooms and Bathrooms

  • 7 Full Bathrooms

Parking

  • Garage
  • On-Street Parking
  • Unassigned Parking

Utilities

  • Forced Air Heating System
  • Wall Furnace
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Separate Meters
  • Natural Gas Water Heater
  • Sewer in Street
  • Cable TV Available

Additional Features

  • Unfinished Basement

Community Details

  • 7 Units
  • Burke & Leblanc Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 34005030187002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,209

Year Built

Built in 1920 | Remodeled in 2019

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Quadruplex
  • Year Built: 1920
  • State Equalized Value: 24400.0000
  • Year Renovated: 2019
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Cable Available
  • Total Bathrooms: 7.00
  • Full Bathrooms: 7
  • Basement: Yes
  • Basement Type: Private, Unfinished
  • Sq Ft Combined: 3864
  • Total Sq Ft: 3864
  • Sq Ft Total Bsmt: 800

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block
  • Frontage Feet: 60
  • Road Frontage Type: Paved

Garage/Parking

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

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air, Radiant, Separate Meters, Wall/Floor Furnace
  • Sewer: Sewer at Street
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Schools

  • School District: Ecorse

Lot Info

  • List Price per Acre: 1607142.8571
  • Lot Size Area: 0.14
  • Lot Dimensions: 60.00X100.00
  • Parcel Number: 34005030187002
  • Zone Conform: Yes
  • Zoning: Residential

Rental Info

  • Rent Includes: Heat, Water/Sewer
  • Legal Rental Certified: Yes
  • Monthly Rental Income: 3810

Tax Info

  • Tax Amount Summer: 1537.0000
  • Tax Amount Winter: 1672.0000
  • Total Tax: 3209.0000
  • Taxable Value: 24400.0000

Multi Family

  • Gross Scheduled Income: 45720.00
  • Number Of Units Total: 7
  • Unit Count: 7
  • Number of Efficiency Units: 4
  • Number of One Bedroom Units: 2
  • Number of Two Bedroom Units: 1
  • Number Of Units Leased: 7

MLS Schools

  • School District: Ecorse

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 8, 2022
Sold by
Prime Real Estate Holdings Llc
Bought by
Castle Rock Holding
Current Estimated Value
$413,728

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 20, 2019
Closed on
Oct 21, 2019
Sold by
Anderson John D
Bought by
Prime Real Estate Hokldings Llc
Seller's Agent
Kevin Sabuda
Metropolitan Real Estate
Buyer's Agent
Muhammad Saleem
Onyx Real Estate Solutions
List Price
$225,000
Sold Price
$240,000
Premium/Discount to List
$15,000
6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.76%
Original Mortgage
$160,300
Interest Rate
3.7%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Castle Rock Holding $250,000 None Listed On Document
Castle Rock Holding $250,000 None Listed On Document
Prime Real Estate Hokldings Llc $240,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Castle Rock Management Llc $467,500
Closed Castle Rock Holding Llc $250,000
Previous Owner Prime Real Estate Holdings Llc $160,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2019 10/21/19 Sold $240,000 +6.7% $62 / Sq Ft
08/29/2019 08/29/19 Pending -- -- --
08/20/2019 08/20/19 For Sale $225,000 -- $58 / 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 $6,494 $113,400 $0 $0
2024 $6,494 $108,700 $0 $0
2023 $6,182 $100,800 $0 $0
2022 $11,854 $95,500 $0 $0
2021 $12,533 $96,100 $0 $0
2019 $3,259 $29,200 $0 $0
2018 $1,537 $24,400 $0 $0
2017 $3,197 $24,200 $0 $0
2016 $3,252 $25,400 $0 $0
2013 $4,086 $52,400 $0 $0
2012 $2,110 $54,700 $4,500 $50,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 219082846

Realcomp

APN: 34-005-03-0187-002