NOT LISTED FOR SALE

Estimated Value: $56,000 - $90,000

4 Beds
2 Baths
1,362 Sq Ft
$50/Sq Ft Est. Value

Last Sold January 27, 2021

Last sale price $35,000 $26 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $532/month

60 Days on Market

About This Home

As of January 2021

2 FAMILY FLAT, UPPER UNIT IS CURRENTLY RENTED AT 450 PER MONTH AND THE LOWER UNIT IS VACANT. THE PROPERTY FEATURES GATED OFF STREET PARKING, THE ROOF WAS REPLACED IN 2017, SEPARATE UTILITIES EXCEPT WATER, AND FENCED IN YARD. LOCATED A FEW MINUTES FORM THE HIGHWAY AND ABOUT 15 MINS FROM DOWNTOWN DETROIT.

Last Agent to Sell the Property

Tina Alfaro

Emmanuel Realty LLC License #6501312815 Listed on: 06/20/2020

Last Buyer's Agent

Jessica Garner

Crown Properties International License #6501409272

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1925 | Remodeled in 2017

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 35.00x116.00

Home Design

  • Block Foundation
  • Vinyl Construction Material

Interior Spaces

  • 2 Full Bathrooms
  • 1,362 Sq Ft Home
  • 1.5-Story Property
  • Unfinished Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number W20I011798S

Community Details

Overview

  • 2 Units
  • Welchs T.H. Oakwood Hill Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$773

Year Built

Built in 1925 | Remodeled in 2017

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Upper/Lower Apartment
  • Architecture Level: 1 1/2 Story
  • Year Built: 1925
  • State Equalized Value: 6030.0000
  • Year Renovated: 2017
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 1362
  • Total Sq Ft: 1362
  • Sq Ft Total Bsmt: 600

Exterior Features

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

Utilities

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

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 498888.8889
  • Lot Size Area: 0.09
  • Lot Dimensions: 35.00X116.00
  • Parcel Number: W20I011798S
  • Zoning: Multi-Family

Rental Info

  • Monthly Rental Income: 1200

Tax Info

  • Tax Amount Summer: 716.0000
  • Tax Amount Winter: 57.0000
  • Total Tax: 773.0000
  • Taxable Value: 6030.0000

Multi Family

  • Gross Scheduled Income: 14400.00
  • Number Of Units Total: 2
  • Unit Count: 2
  • Number of Two Bedroom Units: 2
  • Number Of Units Leased: 1

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2020
Closed on
Jan 27, 2021
Sold by
Bethea Yolanda P
Bought by
Barlatt Enterprises Llc
Seller's Agent
Tina Alfaro
Emmanuel Realty LLC
Buyer's Agent
Jessica Garner
Crown Properties International
List Price
$56,000
Sold Price
$35,000
Premium/Discount to List
-$21,000
-37.5%
Current Estimated Value
$68,201

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,201
Avg. Annual Appreciation
15.16%

Purchase Details

Closed on
Feb 15, 2017
Sold by
Bethea Roderick
Bought by
Bethea Yolanda P

Purchase Details

Closed on
Nov 8, 2002
Sold by
Wayne County Treasurer
Bought by
Hudson Yolonda
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Barlatt Enterprises Llc $35,000 First American Title
Bethea Yolanda P -- None Available
Hudson Yolonda $12,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2021 01/27/21 Sold $35,000 -22.0% $26 / Sq Ft
08/20/2020 08/20/20 Pending -- -- --
07/22/2020 07/22/20 Price Changed $44,900 -10.2% $33 / Sq Ft
07/01/2020 07/01/20 Price Changed $49,999 -10.7% $37 / Sq Ft
06/25/2020 06/25/20 For Sale $56,000 0.0% $41 / Sq Ft
06/24/2020 06/24/20 Pending -- -- --
06/20/2020 06/20/20 For Sale $56,000 -- $41 / 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 $1,915 $26,900 $0 $0
2024 $1,915 $22,100 $0 $0
2023 $1,202 $17,300 $0 $0
2022 $1,280 $11,900 $0 $0
2021 $784 $8,700 $0 $0
2020 $784 $7,600 $0 $0
2019 $774 $6,030 $0 $0
2018 $716 $6,500 $0 $0
2017 $115 $6,200 $0 $0
2016 $874 $6,300 $0 $0
2015 $630 $6,300 $0 $0
2013 $697 $6,969 $0 $0
2010 -- $9,984 $716 $9,268
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2200046202

Realcomp

APN: 20-011798