Seller's Agent in 2022
Simon Cox
Own It Realty
(313) 680-8723
2 in this area
111 Total Sales
Estimated Value: $163,000 - $180,588
4
Beds
2
Baths
2,038
Sq Ft
$84/Sq Ft
Est. Value
Highlights
- Covered patio or porch
- Forced Air Heating System
- Ceiling Fan
About This Home
As of April 2022Excellent investment opportunity in DownTown Wayne! This 2038 sq ft up and down duplex with two 2-bedroom units and a full basement won't be on the market long. The upper unit has been rented since 2009 to a steady tenant who currently pays $695/month. Both units were rehabbed in 2012. The lower unit has been freshly painted and cleaned and is move-in ready! Move in the lower unit and rent the top or rent out both units. Market rent is easily $1000/month! Shared, open basement with separate laundry hookups. Buyer to assume city repairs needed by the City of Wayne; they are requiring some gutter repair and some exterior repair/paint (see report in listing docs). Lower unit can be viewed easily and the upper unit will be available to see once a contract is in place. See pictures for now. Please do not disturb the upstairs tenant! Gas & electric are split, landlord pays water. Furnaces are new in 2014 & 2021. BATVAI. Listing Agent is owner.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
Year Built
- Built in 1920
Lot Details
- 3,485 Sq Ft Lot
- Lot Dimensions are 60.00x60.00
Parking
- 2 Parking Spaces
Home Design
- Duplex
- Block Foundation
- Asphalt Roof
Interior Spaces
- 2 Full Bathrooms
- 2,038 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Basement Fills Entire Space Under The House
Outdoor Features
- Covered patio or porch
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Natural Gas Water Heater
- Sewer in Street
Listing and Financial Details
- Assessor Parcel Number 55006070002002
Community Details
Overview
- 2 Units
- Isabella Clark Sub Subdivision
Pet Policy
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 28, 2022
Closed on
Apr 15, 2022
Sold by
Providence Homebuyers Llc
Bought by
Cochrane Judith L and Covert Karen L
Seller's Agent
Simon Cox
Own It Realty
Buyer's Agent
Jonathan Farida
Community Choice Realty Inc
List Price
$145,000
Sold Price
$135,000
Premium/Discount to List
-$10,000
-6.9%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,647
Avg. Annual Appreciation
6.98%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cochrane Judith L | $135,000 | Fidelity National Title |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/15/2022 04/15/22 | Sold | $135,000 | -6.9% | $66 / Sq Ft |
| 03/30/2022 03/30/22 | Pending | -- | -- | -- |
| 03/28/2022 03/28/22 | For Sale | $145,000 | -- | $71 / Sq Ft |
Source: Realcomp
Tax History Compared to Growth
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 | $4,823 | $75,500 | $0 | $0 |
| 2023 | $5,029 | $78,600 | $0 | $0 |
| 2022 | $3,123 | $67,800 | $0 | $0 |
| 2021 | $3,051 | $62,700 | $0 | $0 |
| 2020 | $3,561 | $55,100 | $0 | $0 |
| 2019 | $2,595 | $51,500 | $0 | $0 |
| 2018 | $2,471 | $44,500 | $0 | $0 |
| 2017 | $684 | $43,300 | $0 | $0 |
| 2016 | $2,844 | $40,300 | $0 | $0 |
| 2015 | $3,768 | $39,000 | $0 | $0 |
| 2013 | $3,650 | $38,100 | $0 | $0 |
| 2012 | -- | $38,400 | $7,300 | $31,100 |
Source: Public Records
Agents Affiliated with this Home
-
Simon Cox
-
Jonathan Farida
Buyer's Agent in 2022
Jonathan Farida
Community Choice Realty Inc
(248) 225-5994
1 in this area
95 Total Sales
Map
Source: Realcomp
MLS Number: 2220020911
APN: 55-006-07-0002-002
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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