NOT LISTED FOR SALE

35469 Schley Ave Westland, MI 48186

Estimated Value: $129,000 - $168,000

2 Beds
2 Baths
1,304 Sq Ft
$113/Sq Ft Est. Value

Last Sold August 27, 2021

Last sale price $102,500 $79 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $1,074/month

1 Day on Market

About This Home

As of August 2021

INVESTORS!!! Check out this 2 unit building with both units already occupied by paying tenants!! Rental amounts are $600/month and $700/Month including water for both. Each unit has 1 bedroom and 1 bath. Buyer's agent to Verify info. Buyer subject to term of lease's. .ALLOW SELLER 72 HOURS TO REVIEW OFFERS!PHOTO'S TAKEN PRIOR TO TENANT MOVE IN!! This property can be sold individually or in a package which includes 11 properties total. Please view documents for additional information on the package. Properties being sold As-IS SHOWINGS ONLY WITH ACCEPTED OFFER.

Last Agent to Sell the Property

Sarah Massey

EXP Realty Taylor License #6501388655 Listed on: 05/19/2021

EXP Realty Taylor

Last Buyer's Agent

Greg Wolfe

Social House Real Estate Group LLC License #RCO-6501418991

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1954

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 40.00x153.00

Home Design

  • Duplex
  • Slab Foundation
  • Poured Concrete

Interior Spaces

  • 2 Full Bathrooms
  • 1,304 Sq Ft Home
  • 1-Story Property

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 56075100361000
  • $2,562 Seller Concession

Community Details

Overview

  • 2 Units
  • Supervisors Nankin Plat No 7 Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,994

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 1 Story
  • Assessment: 42.67
  • Year Built: 1954
  • State Equalized Value: 41600.0000
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Sq Ft Combined: 1304
  • Total Sq Ft: 1304

Exterior Features

  • Foundation Details: Slab
  • Foundation Materials: Poured
  • Frontage Feet: 40
  • Road Frontage Type: Paved

Utilities

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

Schools

  • School District: Wayne-Westland

Lot Info

  • List Price per Acre: 678571.4200
  • Lot Size Area: 0.14
  • Lot Dimensions: 40.00X153.00
  • Parcel Number: 56075100361000
  • Zoning: Residential

Rental Info

  • Monthly Rental Income: 1300

Tax Info

  • Tax Amount Summer: 1721.0000
  • Tax Amount Winter: 273.0000
  • Total Tax: 1994.0000
  • Taxable Value: 28774.0000

Multi Family

  • Gross Scheduled Income: 15600.00
  • Number Of Units Total: 2
  • Unit Count: 2
  • Number of One Bedroom Units: 2
  • Number Of Units Leased: 2

MLS Schools

  • School District: Wayne-Westland

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 30, 2025
Sold by
Wolfe Gregory Fenton and Wolfe Bradford
Bought by
Wolfe Brothers Real Estate Llc
Current Estimated Value
$147,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$740,970
Outstanding Balance
$737,065
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
-$593,065

Purchase Details

Listed on
May 19, 2021
Closed on
Aug 25, 2021
Sold by
Garrett Property Group Llc
Bought by
Wolfe Greg Fenton
Seller's Agent
Sarah Massey
EXP Realty Taylor
Buyer's Agent
Greg Wolfe
Social House Real Estate Group LLC
List Price
$95,000
Sold Price
$102,500
Premium/Discount to List
$7,500
7.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.85%
Original Mortgage
$76,495
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 14, 2011
Sold by
Chaveriat Mark and Chaveriat Cheryl
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jul 29, 1996
Sold by
Theisen Lynette S
Bought by
Acquivest Inc
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
Wolfe Brothers Real Estate Llc -- Title Solutions
Wolfe Brothers Real Estate Llc -- Title Solutions
Wolfe Greg Fenton $102,500 Fidelity National Ttl Group
Federal National Mortgage Association $53,470 None Available
Acquivest Inc $67,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wolfe Brothers Real Estate Llc $740,970
Closed Wolfe Brothers Real Estate Llc $740,970
Previous Owner Wolfe Greg Fenton $76,495
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2021 08/27/21 Sold $102,500 +7.9% $79 / Sq Ft
05/21/2021 05/21/21 Pending -- -- --
05/19/2021 05/19/21 For Sale $95,000 -- $73 / 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 $3,300 $76,900 $0 $0
2024 $3,300 $70,700 $0 $0
2023 $3,148 $53,300 $0 $0
2022 $3,468 $51,200 $0 $0
2021 $2,016 $48,900 $0 $0
2020 $1,993 $41,600 $0 $0
2019 $1,932 $35,000 $0 $0
2018 $1,580 $32,100 $0 $0
2017 $513 $29,300 $0 $0
2016 $1,875 $29,300 $0 $0
2015 $2,669 $27,520 $0 $0
2013 $2,521 $25,210 $0 $0
2012 $2,196 $26,590 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2210036887

Realcomp

APN: 56-075-10-0361-000