$189,000
SOLD MAR 3, 2025
8 Beds
4 Baths
3,676 Sq Ft
3,920 Sq Ft Lot

Recently Sold

$51 Per Sq Ft

83 Days on Market

About This Home

As of March 2025

BACK ON THE MARKET
4 Plex with 2 bedrooms 1 bath each unit. Currently vacant but last 3 tenants were paying 905 sec8 and 1000sec8. a cash tenant paying 1000. Property still has some minimal cosmetics and a list of requirements from the City. Buyer to assume responsibility of work not finished. Land contract terms available. Easy showings BATVAIM

Last Agent to Sell the Property

Julieta Flores-allen

Keller Williams Realty-Great Lakes License #6501388792 Listed on: 09/15/2024

Keller Williams Realty-Great Lakes

Last Buyer's Agent

Joe Hammel

Keller Williams Somerset License #6501422602

Keller Williams Somerset

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1924

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 43.00 x 90.00

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 4 Full Bathrooms
  • 3,676 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number W14I003459S

Community Details

Overview

  • 4 Units
  • Mc Quades Dexter Blvd Subdivision

Pet Policy

  • Limit on the number of pets
  • The building has rules on how big a pet can be within a unit

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,524

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Quadruplex
  • Architecture Level: 2 Story
  • Assessment: 240.00
  • Year Built: 1924
  • State Equalized Value: 19100.0000
  • Pets Allowed: Number Limit, Size Limit
  • 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: 3676
  • Total Sq Ft: 3676
  • Sq Ft Total Bsmt: 1837

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 Source: Water at Street

Schools

  • School District: Detroit

Lot Info

  • Lot Size Area: 0.09
  • Lot Dimensions: 43.00 x 90.00
  • Parcel Number: W14I003459S
  • Zoning: Multi-Family

Rental Info

  • Deposit Amount: 37980.00
  • Monthly Rental Income: 1000

Tax Info

  • Tax Amount Summer: 1384.0000
  • Tax Amount Winter: 140.0000
  • Total Tax: 1524.0000
  • Taxable Value: 14859.0000

Multi Family

  • Gross Scheduled Income: 48000.00
  • Number Of Units Total: 4
  • 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: 20240069260

Realcomp

APN: 14-003459