NOT LISTED FOR SALE

35390 van Born Rd Unit 35390 Van Born Rd Wayne, MI 48184

Estimated Value: $126,018 - $141,000

48 Beds
24 Baths
24,000 Sq Ft
$6/Sq Ft Est. Value

Last Sold July 23, 2020

Last sale price $1,560,000 $65 Per Sq Ft

Current estimated payment $936/month

252 Days on Market

About This Home

As of July 2020

This home is located at 35390 van Born Rd Unit 35390 Van Born Rd, Wayne, MI 48184 since 09 October 2019 and is currently estimated at $132,505, approximately $5 per square foot. This property was built in 2003. 35390 van Born Rd Unit 35390 Van Born Rd is a home located in Wayne County with nearby schools including Roosevelt/Mcgrath Elementary School, Benjamin Franklin Middle School, and Adams Middle School.

Last Agent to Sell the Property

Mo Asker

Domain Properties LLC License #MISPE-6502431656 Listed on: 10/09/2019

Last Buyer's Agent

Mo Asker

Domain Properties LLC License #MISPE-6502431656 Listed on: 10/09/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,430

Year Built

  • Built in 2003

Lot Details

  • 3

Home Design

  • Slab Foundation

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 48 Bedrooms
  • 24 Full Bathrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • 3 Acre Lot
  • Separate Meters

Community Details

  • 24 Units
  • Henry & Edsel Ford Subdivision

Listing and Financial Details

  • Assessor Parcel Number 19030013000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,430

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Year Built: 2003
  • Mail City: Wayne
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
  • Bedrooms: 48
  • Full Bathrooms: 24
  • Total Bathrooms: 24
  • Estimated Sq Ft: 24000

Exterior Features

  • Foundation Type: Slab

Utilities

  • Water: Public Water
  • Separate Electric: Yes
  • Separate Gas: Yes
  • Separate Heat: Yes
  • Separate Water: Yes
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: 19030013000
  • Lot Dimensions: 111800
  • Acreage: 3
  • Geo Subdivision: MI

Rental Info

  • Lease Information: Lease Term 1-2 Years

Multi Family

  • Total Units: 24

MLS Schools

  • School District: Wayne-Westland Community SD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2019
Closed on
Jul 17, 2020
Sold by
Sico Michigan 1 Llc
Bought by
Vbr Ventures Llc
Seller's Agent
Mo Asker
Domain Properties LLC
Buyer's Agent
Mo Asker
Domain Properties LLC
List Price
$2,000,000
Sold Price
$1,560,000
Premium/Discount to List
-$440,000
-22%
Current Estimated Value
$132,808

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,427,192
Avg. Annual Appreciation
-39.27%
Original Mortgage
$1,120,000
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 28, 2018
Sold by
Shiv Real Estate Llc
Bought by
Sico Michigan 1 Llc

Purchase Details

Closed on
Dec 14, 2016
Sold by
Zainy Raed K and Zainy Majid K
Bought by
Shiv Real Estate Llc

Purchase Details

Closed on
Mar 4, 2016
Sold by
Group 42 Inc
Bought by
Zainy Raed K
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
Vbr Ventures Llc $1,560,000 Vanguard Title Company
Sico Michigan 1 Llc $166,000 None Available
Shiv Real Estate Llc $1,250,000 None Available
Zainy Raed K $1,076,000 Seaver Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flat Rock Plaza Llc $2,000,000
Closed Vbr Ventures Llc $1,120,000
Previous Owner Group 42 Inc $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2020 07/23/20 Sold $1,560,000 -13.3% $65 / Sq Ft
06/17/2020 06/17/20 Pending -- -- --
05/12/2020 05/12/20 Price Changed $1,800,000 -10.0% $75 / Sq Ft
01/07/2020 01/07/20 For Sale $2,000,000 0.0% $83 / Sq Ft
12/18/2019 12/18/19 Pending -- -- --
10/09/2019 10/09/19 For Sale $2,000,000 -- $83 / Sq Ft
Source: Michigan Multiple Listing Service

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 $2,430 $39,700 $0 $0
2023 $2,318 $37,300 $0 $0
2022 $2,545 $34,700 $0 $0
2021 $2,487 $33,400 $0 $0
2020 $2,309 $27,600 $0 $0
2019 $1,667 $25,600 $0 $0
2018 $1,415 $22,300 $0 $0
2017 $459 $22,000 $0 $0
2016 $1,410 $20,700 $0 $0
2015 $1,808 $18,900 $0 $0
2013 $1,770 $18,400 $0 $0
2012 -- $20,200 $4,900 $15,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31397101

Michigan Multiple Listing Service

APN: 55-019-06-0018-000