NOT LISTED FOR SALE

Estimated Value: $59,000 - $68,000

3 Beds
1 Bath
866 Sq Ft
$72/Sq Ft Est. Value

Last Sold January 21, 2022

Last sale price $42,000 $48 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $450/month

1 Day on Market

Highlights

  • Cape Cod Architecture
  • No HOA
  • Ceiling Fan
  • Cass Technical High School Rated 10
  • Covered Patio or Porch
  • High Speed Internet

About This Home

As of January 2022

Attention Investors! This is an as-is Cash Only Sale. Looking for a quick sale with no inspection contingencies. Priced to sell, this income property is ready to add to your portfolio. Listed as a smallish three bedroom home; the semi finished second floor, when finished, will double the square footage and the amount of living space. Please submit your clients highest and best offer first.

Last Agent to Sell the Property

Albert Mughannem

Preferred, Realtors® Ltd License #6501228441 Listed on: 01/13/2022

Preferred, Realtors® Ltd

Co-Listed By

Theresa Mughannem

Preferred, Realtors® Ltd License #6501431799

Last Buyer's Agent

Albert Mughannem

Preferred, Realtors® Ltd License #6501228441 Listed on: 01/13/2022

Preferred, Realtors® Ltd

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1910

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 26.00x150.00
  • Fenced

Home Design

  • Cape Cod Architecture
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 866 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Crawl Space

Kitchen

  • Free-Standing Gas Oven
  • Free-Standing Gas Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Gravity Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • Ground Level

Community Details

  • No Home Owners Association
  • Kent & Hurds Subdivision

Listing and Financial Details

  • Assessor Parcel Number W16I015734S

Home Details

Home Type

Single Family

Est. Annual Taxes

$500

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Cape Cod
  • Architecture Level: 1 1/2 Story
  • Assessment: 240
  • Year Built: 1910
  • State Equalized Value: 9300.0000
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail
  • Room Count: 7
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Kitchen Appliances: Dryer, Free-Standing Gas Oven, Free-Standing Gas Range, Free-Standing Refrigerator, Washer
  • Sq Ft Combined: 866
  • Total Sq Ft: 866

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Crawl
  • Construction Materials: Wood
  • Exterior Features: Fenced
  • Foundation Materials: Block
  • Frontage Feet: 26
  • Porch Type: Porch - Covered, Porch
  • Road Frontage Type: Paved, Pub. Sidewalk
  • Fencing: Fenced

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s)
  • Heating: Gravity
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Detroit

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.09
  • Lot Dimensions: 26.00X150.00
  • Parcel Number: W16I015734S

Tax Info

  • Tax Amount Summer: 465.0000
  • Tax Amount Winter: 35.0000
  • Total Tax: 500.0000
  • Taxable Value: 3698.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2022
Closed on
Jan 21, 2022
Sold by
Robert Combs Michael
Bought by
Betancourt Frankie
Seller's Agent
Albert Mughannem
Preferred, Realtors® Ltd
Buyer's Agent
Albert Mughannem
Preferred, Realtors® Ltd
List Price
$40,000
Sold Price
$42,000
Premium/Discount to List
$2,000
5%
Current Estimated Value
$62,669

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,669
Avg. Annual Appreciation
9.93%

Purchase Details

Closed on
Aug 10, 2016
Sold by
Combs Billie and Combs Billy Ray
Bought by
Combs Billie
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
Betancourt Frankie $42,000 Ata National Title
Betancourt Frankie $42,000 Ata National Title
Combs Billie -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Combs Billy Ray $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/21/2022 01/21/22 Sold $42,000 +5.0% $48 / Sq Ft
01/15/2022 01/15/22 Pending -- -- --
01/13/2022 01/13/22 For Sale $40,000 -- $46 / 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 $1,334 $22,100 $0 $0
2024 $1,334 $17,700 $0 $0
2023 $1,059 $13,700 $0 $0
2022 $708 $12,100 $0 $0
2021 $500 $9,300 $0 $0
2020 $496 $8,600 $0 $0
2019 $492 $5,940 $0 $0
2018 $446 $5,600 $0 $0
2017 $65 $5,100 $0 $0
2016 $480 $8,200 $0 $0
2015 $339 $5,700 $0 $0
2013 $328 $6,274 $0 $0
2010 -- $8,990 $262 $8,728
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2220001495

Realcomp

APN: 16-015734