NOT LISTED FOR SALE

Estimated Value: $141,388 - $195,000

3 Beds
2.5 Baths
2,302 Sq Ft
$72/Sq Ft Est. Value

Sale Details

Date Sold: February 10, 2021

Last sale price $28,000 $12 Per Sq Ft

Est. 495% increase in value since last sale

Current estimated payment $1,165 / mo

135 Days on Market

About This Home

As of February 2021

Very interesting opportunity for an income property that could be converted to a single family home having over 2300 sq.ft of living space. The subject has separate side entrances, original stick built kitchens still intact. Surprising how the upper unit has such a cool original kitchen with a ceramic counter glass uppers and a built-in Ice box. Bonus is the walk up third floor / attic. The subject was originally built having steam heat which has been removed and GFA attempted. Front porch and steps have been reconditioned, vinyl siding above belt. REMS processing fee of $295.00 due from purchaser.

Last Agent to Sell the Property

Robert LaBute

Real Estate Management Specialists Inc License #6502139311 Listed on: 09/18/2020

Last Buyer's Agent

Daniel Ericksen

O'Connor Realty Detroit, LLC License #6506047792

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1927

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 40.00x114.00
  • Fenced

Parking

  • Paved Parking

Home Design

  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 2,302 Sq Ft Home
  • 1.5-Story Property
  • Unfinished Basement
  • Interior Basement Entry

Outdoor Features

  • Porch

Utilities

  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number W21I070683S

Community Details

Overview

  • 2 Units
  • East Detroit Development Cos No 1 Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Year Built

Built in 1927

Lot Details

4,356 Sq Ft Lot

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Upper/Lower Apartment
  • Architecture Level: 1 1/2 Story
  • Year Built: 1927
  • State Equalized Value: 19700.0000
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Interior Access Only, Unfinished
  • Total Sq Ft: 2302

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Aluminum, Brick
  • Exterior Features: Fenced
  • Foundation Materials: Brick
  • Porch Type: Porch
  • Road Frontage Type: Paved

Garage/Parking

  • MF Parking: Paved

Utilities

  • Heating Fuel: Natural Gas
  • Sewer: Sewer-Sanitary
  • Water Heater Fuel: Natural Gas
  • Water Source: Municipal Water
  • Laundry Facilities: No

Lot Info

  • List Price per Acre: 379000.0000
  • Lot Size Area: 0.10
  • Lot Dimensions: 40.00X114.00
  • Parcel Number: W21I070683S
  • Zone Conform: Yes
  • Zoning: Multi-Family

Rental Info

  • Monthly Rental Income: 1600

Tax Info

  • Tax Amount Summer: 1307.0000
  • Tax Amount Winter: 128.0000
  • Total Tax: 1435.0000
  • Taxable Value: 13502.0000

Multi Family

  • Gross Scheduled Income: 19200.00
  • Number Of Units Total: 2

MLS Schools

  • School District: Detroit

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 2, 2021
Sold by
Bought by
Current Estimated Value
$166,597

Purchase Details

Listed on
Sep 18, 2020
Closed on
Feb 10, 2021
Sold by
Bought by
Seller's Agent
Robert LaBute
Real Estate Management Specialists Inc
Buyer's Agent
Daniel Ericksen
O'Connor Realty Detroit, LLC
List Price
$37,900
Sold Price
$28,000
Premium/Discount to List
-$9,900
-26.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
38.46%

Purchase Details

Closed on
Aug 12, 2015
Sold by
Bought by

Purchase Details

Closed on
Dec 1, 2014
Sold by
Bought by

Purchase Details

Closed on
Dec 14, 2010
Sold by
Bought by

Purchase Details

Closed on
Jul 27, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
8.5%
Mortgage Type
Stand Alone First
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$35,000 Regions Title Agency Llc
$28,000 Title One Inc
-- None Available
$7,100 None Available
$3,999 None Available
$85,000 Golden Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $115,500
Previous Owner $85,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/10/2021 02/10/21 Sold $28,000 -26.1% $12 / Sq Ft
02/01/2021 02/01/21 Pending -- -- --
01/22/2021 01/22/21 For Sale $37,900 0.0% $16 / Sq Ft
01/08/2021 01/08/21 Pending -- -- --
09/18/2020 09/18/20 For Sale $37,900 -- $16 / Sq Ft
Source: Realcomp

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,973 $65,200 $0 $0
2024 $2,941 $54,200 $0 $0
2023 $2,859 $42,700 $0 $0
2022 $3,072 $32,400 $0 $0
2021 $1,458 $26,200 $0 $0
2020 $1,457 $23,600 $0 $0
2019 $1,435 $19,700 $0 $0
2018 $1,255 $17,700 $0 $0
2017 $245 $17,000 $0 $0
2016 $1,479 $15,100 $0 $0
2015 $1,510 $15,100 $0 $0
2013 $2,044 $20,441 $0 $0
2010 -- $29,969 $1,268 $28,701
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2200074038

Realcomp

APN: 21-070683

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