NOT LISTED FOR SALE

362 Belmont St Detroit, MI 48202

North End Neighborhood

Estimated Value: $345,000 - $461,205

12 Beds
4 Baths
5,488 Sq Ft
$76/Sq Ft Est. Value

Last Sold June 24, 2022

Last sale price $520,000 $95 Per Sq Ft

Est. 20% decrease in value since last sale

Current estimated payment $3,009/month

62 Days on Market

Highlights

  • Covered Patio or Porch
  • Forced Air Heating System
  • Private Entrance
  • Cass Technical High School Rated 10
  • Ceiling Fan

About This Home

As of June 2022

Possible condo conversion on this Rowhouse 4-unit investment opportunity in Arden Park. Fully leased. Each unit has 3 bedrooms and 1 full bath. All units have a large living room and dining room with hardwood floors and natural stained woodwork throughout. Kitchens are complete with appliances. Large primary bedroom. All 3 bedrooms have hardwood floors. Covered front porch and spacious backyard to enjoy outside activities. Private basement for all units. Newer windows throughout. This property is professionally managed. Sale includes adjacent lot parcel#01003224. Unit 9849 Brush available to show with 24-hour notice. All units will be available to show with accepted offer.

Last Agent to Sell the Property

James Renberg

@properties Christie's Int'l R.E. Detroit License #6501389199 Listed on: 04/22/2022

@properties Christie's Int'l R.E. Detroit

Last Buyer's Agent

Theresa Coleman

Slater Signature Homes License #6501413295

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1921 | Remodeled in 2021

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 40.00x128.00
  • Private Entrance

Parking

  • On-Street Parking

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Brick Foundation
  • Asphalt Roof

Interior Spaces

  • 4 Full Bathrooms
  • 5,488 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Unfinished Basement

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number W01I003223S

Community Details

Overview

  • 4 Units
  • Moore Hodges & Warrens Sub Subdivision

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,779

Year Built

Built in 1921 | Remodeled in 2021

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Quadruplex, Townhouse
  • Architecture Level: 2 Story
  • Year Built: 1921
  • State Equalized Value: 43400.0000
  • Year Renovated: 2021
  • Pets Allowed: Call
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 5488
  • Total Sq Ft: 5488
  • Sq Ft Total Bsmt: 2744

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: Private Entry
  • Foundation Materials: Brick/Mortar
  • Frontage Feet: 40
  • Porch Type: Porch - Covered, Porch
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • MF Parking: On Street

Utilities

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

Schools

  • School District: Detroit

Lot Info

  • Lot Size Area: 0.12
  • Lot Dimensions: 40.00X128.00
  • Parcel Number: W01I003223S
  • Zoning: Multi-Family

Rental Info

  • Rent Includes: Water/Sewer, Snow Removal, Trash Collection (Garbage Pickup), Water, Yard Maintenance
  • Monthly Rental Income: 4150

Tax Info

  • Tax Amount Summer: 2405.0000
  • Tax Amount Winter: 374.0000
  • Total Tax: 2779.0000
  • Taxable Value: 39951.0000

Multi Family

  • Gross Scheduled Income: 49800.00
  • Number Of Units Total: 4
  • Unit Count: 1
  • Number of Three Bedroom Units: 4
  • Number Of Units Leased: 4

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2022
Closed on
Jun 24, 2022
Sold by
Wayne Enterprises Detroit Llc
Bought by
Molette Anna-Louise
Seller's Agent
James Renberg
@properties Christie's Int'l R.E. Detroit
Buyer's Agent
Theresa Coleman
Slater Signature Homes
List Price
$549,000
Sold Price
$520,000
Premium/Discount to List
-$29,000
-5.28%
Current Estimated Value
$416,801

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$103,199
Avg. Annual Appreciation
-5.51%
Original Mortgage
$420,000
Outstanding Balance
$401,920
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$31,350

Purchase Details

Closed on
Jan 13, 2020
Sold by
Khan Faisal and Majjhoo Anoop
Bought by
Wayne Enterprises Detroit Llc

Purchase Details

Closed on
Jan 11, 2019
Sold by
Detroit Denovo Llc
Bought by
Khan Faisal and Majjhoo Anoop

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 26, 2016
Sold by
Buckmon Mulack Andrea
Bought by
Detroit Denovo Llc

Purchase Details

Closed on
Nov 20, 2004
Sold by
Buckmon Mary
Bought by
Buckmon Mulack Andrea
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Molette Anna-Louise $520,000 None Listed On Document
Wayne Enterprises Detroit Llc -- None Available
Khan Faisal $240,000 First American Title Ins Co
Detroit Denovo Llc $17,500 First American Title Ins Co
Buckmon Mulack Andrea -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Molette Anna-Louise $420,000
Previous Owner Khan Faisal $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2022 06/24/22 Sold $520,000 -5.3% $95 / Sq Ft
06/24/2022 06/24/22 Pending -- -- --
04/22/2022 04/22/22 For Sale $549,000 0.0% $100 / Sq Ft
09/15/2021 09/15/21 Rented $1,350 0.0% --
09/11/2021 09/11/21 For Rent $1,350 0.0% --
09/07/2021 09/07/21 Under Contract -- -- --
08/27/2021 08/27/21 For Rent $1,350 +8.0% --
10/15/2019 10/15/19 Rented $1,250 +4.2% --
10/08/2019 10/08/19 Under Contract -- -- --
09/13/2019 09/13/19 For Rent $1,200 -- --
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 $9,457 $192,400 $0 $0
2024 $9,457 $159,800 $0 $0
2023 $9,201 $116,400 $0 $0
2022 $3,847 $56,000 $0 $0
2021 $3,728 $43,400 $0 $0
2020 $3,727 $39,400 $0 $0
2019 $1,036 $28,700 $0 $0
2018 $916 $28,200 $0 $0
2017 $163 $27,700 $0 $0
2016 $1,098 $123,500 $0 $0
2015 $850 $8,500 $0 $0
2013 $1,005 $10,051 $0 $0
2010 -- $13,330 $833 $12,497
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    James Renberg

    @properties Christie's Int'l R.E. Detroit

    Section Image
  • Theresa Coleman

    Buyer's Agent in 2022

    Theresa Coleman

    Slater Signature Homes

    (313) 613-7915

    2 in this area

    42 Total Sales

    Theresa Coleman
    Section Image
  • Eric Martin

    Buyer's Agent in 2021

    Eric Martin

    Max Broock, REALTORS®-Birmingham

    (248) 818-4184

    27 Total Sales

    Eric Martin
    Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 2220026277

Realcomp

APN: 01-003223

Michigan Wayne County Detroit 48202 North End

362 Belmont St, Detroit, MI

This home is located at 362 Belmont St, Detroit, MI 48202 since 22 April 2022 and is currently estimated at $416,801, approximately $75 per square foot. This property was built in 1921. 362 Belmont St is a home located in Wayne County with nearby schools including Golightly Education Center, Charles L. Spain Elementary-Middle School, and Edward 'Duke' Ellington Conservatory of Music and Art.

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.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
Copyright 2025 Realcomp II Ltd. Shareholders
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

Nearby Homes