$25,000
SOLD SEP 11, 2018
8 Beds
4 Baths
3,674 Sq Ft
3,920 Sq Ft Lot

Recently Sold

$7 Per Sq Ft

12% Below List Price

3 Days on Market

About This Home

As of March 2025

Great opportunity for right party. Property vacant but in good condition.
Furnaces and hot water tanks are in property and also plumbing is intact.
Some date is approximate and some data is estimated

Last Agent to Sell the Property

Marcus Sanders

Marcus Sanders Realty License #6501070436 Listed on: 07/28/2018

Last Buyer's Agent

Marcus Sanders

Marcus Sanders Realty License #RCO-6501070436

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1924

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 43.27x90.00

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 4 Full Bathrooms
  • 3,674 Sq Ft Home
  • 2-Story Property
  • Basement
  • Interior Basement Entry

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Sewer in Street

Community Details

  • 4 Units
  • Mc Quades Dexter Blvd Subdivision

Listing and Financial Details

  • Assessor Parcel Number W14I003459S

Property Details

Home Type

Multi-Family

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Quadruplex
  • Architecture Level: 2 Story
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement: Yes
  • Basement Type: Interior Entry (Interior Access)
  • Sq Ft Combined: 3674
  • Total Sq Ft: 3674
  • Sq Ft Total Bsmt: 1800

Exterior Features

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

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Sewer at Street
  • Water Heater Fuel: Natural Gas
  • Water Source: Water at Street
  • Laundry Facilities: No

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 316666.6667
  • Lot Size Area: 0.09
  • Lot Dimensions: 43.27X90.00
  • Parcel Number: W14I003459S
  • Zone Conform: Yes
  • Zoning: Residential

Rental Info

  • Rent Includes: Trash Collection (Garbage Pickup), Water/Sewer
  • Monthly Rental Income: 2200

Tax Info

  • Tax Amount Summer: 900.0000
  • Tax Amount Winter: 68.0000
  • Total Tax: 968.0000

Multi Family

  • Gross Scheduled Income: 26400.00
  • Number Of Units Total: 4
  • Unit Count: 1
  • Number of Two Bedroom Units: 4

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2024
Closed on
Feb 28, 2025
Sold by
A Property Management Llc
Bought by
Faraci Capital Llc
Seller's Agent
Julieta Flores-allen
Keller Williams Realty-Great Lakes
Buyer's Agent
Joe Hammel
Keller Williams Somerset
List Price
$189,900
Sold Price
$189,000
Premium/Discount to List
-$900
-0.47%
Views
65
Current Estimated Value
$258,446

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,446
Avg. Annual Appreciation
123.09%
Original Mortgage
$259,072
Outstanding Balance
$174,648
Interest Rate
6.76%
Mortgage Type
Construction
Estimated Equity
$83,798

Purchase Details

Listed on
Jul 28, 2018
Closed on
Aug 13, 2018
Sold by
Yarbrough William H
Bought by
Capital Venture Group Llc
Seller's Agent
Marcus Sanders
Marcus Sanders Realty
Buyer's Agent
Marcus Sanders
Marcus Sanders Realty
List Price
$28,500
Sold Price
$25,000
Premium/Discount to List
-$3,500
-12.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.64%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $189,900 None Listed On Document
Warranty Deed $189,900 None Listed On Document
Warranty Deed $25,000 Progressive Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $259,072 Construction
Closed $259,072 Construction
Previous Owner $140,000 New Conventional
Closed $0 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2025 03/03/25 Sold $189,000 -0.5% $51 / Sq Ft
12/07/2024 12/07/24 Pending -- -- --
11/30/2024 11/30/24 For Sale $189,900 0.0% $52 / Sq Ft
10/12/2024 10/12/24 Pending -- -- --
09/15/2024 09/15/24 For Sale $189,900 +659.6% $52 / Sq Ft
09/11/2018 09/11/18 Sold $25,000 -12.3% $7 / Sq Ft
07/31/2018 07/31/18 Pending -- -- --
07/28/2018 07/28/18 For Sale $28,500 -- $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
2024 $2,020 $23,500 $0 $0
2023 $1,384 $19,100 $0 $0
2022 $1,477 $18,700 $0 $0
2021 $1,436 $13,700 $0 $0
2020 $1,538 $17,600 $0 $0
2019 $1,514 $14,400 $0 $0
2018 $903 $13,500 $0 $0
2017 $136 $12,300 $0 $0
2016 $972 $41,600 $0 $0
2015 $750 $7,500 $0 $0
2013 $1,166 $18,300 $0 $0
2010 -- $27,249 $717 $26,532
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 218072086

Realcomp

APN: 14-003459