NOT LISTED FOR SALE

Estimated Value: $166,000 - $320,000

5 Beds
2 Baths
2,292 Sq Ft
$90/Sq Ft Est. Value

Sale Details

Date Sold: May 6, 2024

Last sale price $62,500 $27 Per Sq Ft

Est. 230% increase in value since last sale

Current estimated payment $1,598 / mo

96 Days on Market

About This Home

As of May 2024

Attention Investors! Explore this Duplex Property Now Available! Exceptional Location! This two-story property presents a fantastic rehab opportunity, boasting original character in each unit, awaiting some TLC. Conveniently situated near North End developments, Boston Edison, Arden Park, and just minutes away from Midtown, New Center, and Downtown Detroit! SOLD AS IS. All offers must include proof of funds. Buyers' agents must be present for all showings. Buyer's Agent to verify all information. Information deemed reliable but not guaranteed.

Last Agent to Sell the Property

Eric Friday

Front Page Properties License #6501401355 Listed on: 01/24/2024

Last Buyer's Agent

Evangeline Eve Pitts

RE/MAX Dream Properties License #6501371215

RE/MAX Dream Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1910

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 30.00 x 120.00

Home Design

  • Duplex
  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • 2 Full Bathrooms
  • 2,292 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number W01I003509S

Community Details

Overview

  • 2 Units
  • Hunt & Leggetts Sub Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$525

Year Built

Built in 1910

Lot Details

3,485 Sq Ft Lot

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 2 Story
  • Assessment: 240.00
  • Year Built: 1910
  • State Equalized Value: 44400.0000
  • Pets Allowed: Yes
  • AgentOnly_ListPriceByAcre: 999987.5000
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 2292

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Brick/Mortar
  • Road Frontage Type: Paved

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Lot Info

  • Lot Size Area: 0.08
  • Lot Dimensions: 30.00 x 120.00
  • Parcel Number: W01I003509S
  • Zoning: Multi-Family

Rental Info

  • Monthly Rental Income: 2700

Tax Info

  • Tax Amount Summer: 495.0000
  • Tax Amount Winter: 30.0000
  • Total Tax: 525.0000
  • Taxable Value: 3316.0000

Multi Family

  • Gross Scheduled Income: 32400.00
  • Number Of Units Total: 2

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2024
Closed on
May 3, 2024
Sold by
Grail Homes Llc
Bought by
Farber Gene
Seller's Agent
Eric Friday
Front Page Properties
Buyer's Agent
Evangeline Eve Pitts
RE/MAX Dream Properties
List Price
$99,000
Sold Price
$62,500
Premium/Discount to List
-$36,500
-36.87%
Views
54
Current Estimated Value
$206,523

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,023
Avg. Annual Appreciation
86.36%

Purchase Details

Closed on
Jan 19, 2024
Sold by
Hardaway Willie
Bought by
Grail Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,500
Interest Rate
6.61%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Farber Gene $62,500 None Listed On Document
Farber Gene $62,500 None Listed On Document
Grail Homes Llc $55,000 None Listed On Document
Grail Homes Llc $55,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Grail Homes Llc $56,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/06/2024 05/06/24 Sold $62,500 0.0% $27 / Sq Ft
05/06/2024 05/06/24 Sold $62,500 -21.9% $27 / Sq Ft View Prior Sale
04/29/2024 04/29/24 Pending -- -- --
03/26/2024 03/26/24 Price Changed $79,999 0.0% $35 / Sq Ft
03/26/2024 03/26/24 Price Changed $79,999 -5.9% $35 / Sq Ft
03/12/2024 03/12/24 Price Changed $84,999 0.0% $37 / Sq Ft
03/12/2024 03/12/24 Price Changed $84,999 -4.5% $37 / Sq Ft
02/21/2024 02/21/24 Price Changed $89,000 0.0% $39 / Sq Ft
02/21/2024 02/21/24 Price Changed $89,000 -5.3% $39 / Sq Ft
02/06/2024 02/06/24 Price Changed $94,000 0.0% $41 / Sq Ft
02/06/2024 02/06/24 Price Changed $94,000 -5.1% $41 / Sq Ft
01/24/2024 01/24/24 For Sale $99,000 0.0% $43 / Sq Ft
01/24/2024 01/24/24 For Sale $99,000 -- $43 / Sq Ft
Source: Realcomp

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 $5,834 $74,300 $0 $0
2024 $362 $60,900 $0 $0
2023 $595 $44,400 $0 $0
2022 $616 $20,700 $0 $0
2021 $607 $15,700 $0 $0
2020 $607 $14,000 $0 $0
2019 $502 $10,000 $0 $0
2018 $563 $9,400 $0 $0
2017 $54 $9,200 $0 $0
2016 $590 $35,800 $0 $0
2015 $280 $2,800 $0 $0
2013 $299 $2,991 $0 $0
2010 -- $3,966 $514 $3,452
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20240004755

Realcomp

APN: 01-003509

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