NOT LISTED FOR SALE

Estimated Value: $183,000 - $262,372

6 Beds
3 Baths
2,600 Sq Ft
$85/Sq Ft Est. Value

Last Sold April 19, 2023

Last sale price $220,000 $85 Per Sq Ft

Current estimated payment $1,498/month

14 Days on Market

Highlights

  • Forced Air Heating System
  • Cass Technical High School Rated 10
  • 3-minute walk to Zussman Park

About This Home

As of April 2023

Calling all investors!! Check out this lovely newly renovated triplex in Detroit. This property features 3 units, one bedroom, two bedroom, and three bedroom. This property has been taken down to the studs and completely renovated with new windows except for historical purposes, new insulation, new electrical, new plumbing, new HVAC, new drywall, and new flooring. Each unit has separate basements, furnace, and central air and is equipped with refrigerator, stove, microwave, washer, dryer and storage space. There is fenced in secured parking in the back with one space per unit. This property is currently bringing in an income of $3,000 monthly and is the perfect fit for an investor not looking to do any repairs. Interior photos taken prior to tenants move in. Showings require at least a 24 hour notice and no showings will be accepted without a proof of funds.

Last Agent to Sell the Property

Jasmine Anderson

House Of May License #6501432431 Listed on: 03/16/2023

Last Buyer's Agent

Robert Funk

RE/MAX First License #6501112525

RE/MAX First

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1927

Lot Details

  • Lot Dimensions are 35.00x116.00

Home Design

  • Triplex
  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • 3 Full Bathrooms
  • 2,600 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number W14I005331S

Community Details

Overview

  • 3 Units

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,392

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Triplex
  • Architecture Level: 2 Story
  • Year Built: 1927
  • State Equalized Value: 29600.0000
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 2600
  • Total Sq Ft: 2600
  • Sq Ft Total Bsmt: 1300

Exterior Features

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

Utilities

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

Schools

  • School District: Detroit

Lot Info

  • Lot Dimensions: 35.00X116.00
  • Parcel Number: W14I005331S
  • Zoning: Residential

Rental Info

  • Monthly Rental Income: 3000

Tax Info

  • Tax Amount Summer: 1238.9800
  • Tax Amount Winter: 154.8100
  • Total Tax: 1392.0000

Multi Family

  • Gross Scheduled Income: 36000.00
  • Number Of Units Total: 3
  • Number of One Bedroom Units: 1
  • Number of Three Bedroom Units: 1
  • Number of Two Bedroom Units: 1
  • Number Of Units Leased: 3

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 31, 2024
Sold by
Stanek Jared
Bought by
3794 Tyler Street Trust and Smith
Current Estimated Value
$220,593

Purchase Details

Listed on
Mar 16, 2023
Closed on
Apr 24, 2023
Sold by
Dbtrw Llc
Bought by
Stanek Jared
Seller's Agent
Jasmine Anderson
House Of May
Buyer's Agent
Robert Funk
RE/MAX First
List Price
$225,000
Sold Price
$220,000
Premium/Discount to List
-$5,000
-2.22%
Views
96

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.12%
Original Mortgage
$165,000
Interest Rate
6.73%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 24, 2018
Closed on
Oct 10, 2018
Sold by
110 Webb Llc
Bought by
Dbtrw Llc
Seller's Agent
Darin Mcleskey
Denovo Real Estate
Buyer's Agent
Dara White
Keller Williams Ann Arbor Market Center
List Price
$15,000
Sold Price
$15,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
81.39%

Purchase Details

Closed on
Nov 16, 2015
Sold by
Treasurer Of The Charter County Of Wayne
Bought by
Rubinstein Steven and 110 Webb Llc

Purchase Details

Closed on
Aug 1, 1999
Sold by
Carmichael Gilbert
Bought by
Cook Ryan

Purchase Details

Closed on
Aug 15, 1994
Sold by
Carmichael Jerry M
Bought by
Carmichael Gilbert and Carmichael Mary
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
3794 Tyler Street Trust -- None Listed On Document
3794 Tyler Street Trust -- None Listed On Document
Stanek Jared $220,000 Fidelity National Title
Stanek Jared $220,000 Fidelity National Title
Dbtrw Llc $15,000 M S Title Agency Llc
110 Webb Llc -- None Available
Dbtrw Llc $15,000 M S Title Agency Llc
110 Webb Llc -- None Available
Rubinstein Steven $4,600 None Available
Rubinstein Steven $4,600 None Available
Cook Ryan -- --
Cook Ryan -- --
Carmichael Gilbert $1,400 --
Carmichael Gilbert $1,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stanek Jared $165,000
Previous Owner Dbtrw Llc $112,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2023 04/19/23 Sold $220,000 -2.2% $85 / Sq Ft
03/30/2023 03/30/23 Pending -- -- --
03/16/2023 03/16/23 For Sale $225,000 +1400.0% $87 / Sq Ft
10/15/2018 10/15/18 Sold $15,000 0.0% $6 / Sq Ft
10/08/2018 10/08/18 Pending -- -- --
09/11/2018 09/11/18 For Sale $15,000 0.0% $6 / Sq Ft
08/03/2018 08/03/18 Off Market $15,000 -- --
07/24/2018 07/24/18 For Sale $15,000 -- $6 / 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 $3,550 $57,300 $0 $0
2024 $3,550 $43,800 $0 $0
2023 $1,569 $35,600 $0 $0
2022 $1,677 $29,600 $0 $0
2021 $1,629 $21,800 $0 $0
2020 $1,629 $20,200 $0 $0
2019 $1,603 $15,400 $0 $0
2018 $1,541 $15,600 $0 $0
2017 $292 $15,400 $0 $0
2016 $1,141 $31,000 $0 $0
2015 $1,220 $12,200 $0 $0
2013 $1,243 $16,966 $0 $0
2010 -- $24,309 $977 $23,332
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20230017132

Realcomp

APN: 14-005331