NOT LISTED FOR SALE

368 Alter Rd Detroit, MI 48215

Jefferson Chalmers Neighborhood

Estimated Value: $139,000 - $219,000

4 Beds
2 Baths
2,234 Sq Ft
$80/Sq Ft Est. Value

Last Sold July 05, 2012

Last sale price $12,500 $6 Per Sq Ft

Est. 1,163% increase in value since last sale

Current estimated payment $996/month

46 Days on Market

Highlights

  • Forced Air Heating System
  • Cass Technical High School Rated 10
  • 4-minute walk to Matthew C Patterson Park

About This Home

As of July 2012

Great Investment Property. Subject to third party approval.

Last Agent to Sell the Property

Esther Ligon

Brookstone, Realtors LLC License #6501358549 Listed on: 04/12/2012

Brookstone, Realtors LLC

Last Buyer's Agent

Esther Ligon

Brookstone, Realtors LLC License #6501358549 Listed on: 04/12/2012

Brookstone, Realtors LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 50x135

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2 Full Bathrooms
  • 2,234 Sq Ft Home
  • 2-Story Property
  • Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units
  • Windmill Pointe Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number W21I062638S

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Assessment: YES
  • Year Built: 1948
  • Special Features: 12
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Sq Ft Combined: 2234
  • Total Sq Ft: 2234

Exterior Features

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

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 106250.0000
  • Lot Size Area: 0.16
  • Lot Dimensions: 50X135
  • Parcel Number: W21I062638S
  • Zone Conform: Yes
  • Zoning: Multi-Family
  • Homestead Percent: 0 Percent
  • Percent Homestead Exempt: Yes

Rental Info

  • Legal Rental Certified: Yes
  • Monthly Rental Income: 580

Tax Info

  • Tax Amount Summer: 3094.0000
  • Tax Amount Winter: 341.0000
  • Total Tax: 3435.0000

Multi Family

  • Gross Scheduled Income: 6960.00
  • Number Of Units Total: 2
  • Number of Two Bedroom Units: 2

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2012
Closed on
Jul 5, 2012
Sold by
Coleman Ronald and Lofton Coleman Lawonna A
Bought by
Watson Andre
Seller's Agent
Esther Ligon
Brookstone, Realtors LLC
Buyer's Agent
Esther Ligon
Keller Williams Home
List Price
$17,000
Sold Price
$12,500
Premium/Discount to List
-$4,500
-26.47%
Current Estimated Value
$157,928

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,428
Avg. Annual Appreciation
22.17%

Purchase Details

Closed on
Aug 17, 2000
Sold by
Rhodes James J
Bought by
Coleman Ronald S
Source: Public Records

Range of Values:

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Average Value
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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
Watson Andre $12,500 Title Connect Llc
Coleman Ronald S $120,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/05/2012 07/05/12 Sold $12,500 -26.5% $6 / Sq Ft
05/28/2012 05/28/12 Pending -- -- --
04/12/2012 04/12/12 For Sale $17,000 -- $8 / 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 $1,634 $79,000 $0 $0
2024 $1,634 $54,300 $0 $0
2023 $1,833 $41,200 $0 $0
2022 $1,954 $36,300 $0 $0
2021 $1,901 $28,700 $0 $0
2020 $1,900 $24,800 $0 $0
2019 $1,714 $18,400 $0 $0
2018 $1,488 $16,900 $0 $0
2017 $328 $17,300 $0 $0
2016 $2,030 $21,100 $0 $0
2015 $2,110 $21,100 $0 $0
2013 $3,180 $31,802 $0 $0
2010 -- $46,625 $1,453 $45,172
Source: Public Records

Agents Affiliated with this Home

  • Esther Ligon

    Seller's Agent in 2012

    Esther Ligon

    Brookstone, Realtors LLC

    (248) 819-0024

    1 in this area

    90 Total Sales

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Map

Source: Realcomp

MLS Number: 212037850

Realcomp

APN: 21-062638

Michigan Wayne County Detroit 48215 Jefferson Chalmers

368 Alter Rd, Detroit, MI

This home is located at 368 Alter Rd, Detroit, MI 48215 since 12 April 2012 and is currently estimated at $178,007, approximately $79 per square foot. This property was built in 1948. 368 Alter Rd is a home located in Wayne County with nearby schools including Carstens Academy of Aquatic Science, Edward 'Duke' Ellington Conservatory of Music and Art, and Charles L. Spain Elementary-Middle School.

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

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