NOT LISTED FOR SALE

3840 Fredro St HamtraMcK, MI 48212

Buffalo Charles Neighborhood

Estimated Value: $204,000 - $217,807

5 Beds
2 Baths
1,530 Sq Ft
$137/Sq Ft Est. Value

Last Sold October 15, 2021

Last sale price $150,000 $98 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $1,302/month

1 Day on Market

About This Home

As of October 2021

This is a great two family house in a good neighborhood features 3 bed in 1st unit, and 2 bed in 2nd unit, 2 full baths, living, kitchen and separate entrance for both. Currently both units are vacant and ready to move in. This is a great house for owner living and investment, which is also conveniently located near schools, shopping and expressway. Hurry, it won't last long! This is a must see!
Owner is a licensed broker in the state of Michigan.

Last Agent to Sell the Property

Nazmul Islam

Home Source Realty LLC License #6502412661 Listed on: 09/13/2021

Last Buyer's Agent

Muhtasin Sadman

Wasim International Realty License #6501415092

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1926

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 30.00x85.00

Home Design

  • Block Foundation
  • Vinyl Construction Material

Interior Spaces

  • 2 Full Bathrooms
  • 1,530 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Utilities

  • Heating system powered by renewable energy
  • Heating System Uses Natural Gas
  • Sewer in Street

Community Details

  • 2 Units
  • Pulaski Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number W13I006450S

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,286

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Year Built: 1926
  • State Equalized Value: 16400.0000
  • Pets Allowed: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 2280
  • Sq Ft Lower Floor: 750
  • Total Sq Ft: 1530
  • Sq Ft Total Bsmt: 750

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Foundation Materials: Block
  • Road Frontage Type: Pub. Sidewalk

Utilities

  • Heating Fuel: Natural Gas
  • Heating: ENERGY STAR® Qualified Furnace Equipment
  • Sewer: Sewer at Street
  • Water Source: Water at Street

Schools

  • School District: Detroit

Lot Info

  • Lot Size Area: 0.06
  • Lot Dimensions: 30.00X85.00
  • Parcel Number: W13I006450S
  • Zoning: Multi-Family
  • Percent Homestead Exempt: Yes

Rental Info

  • Monthly Rental Income: 1200

Tax Info

  • Tax Amount Summer: 1174.0000
  • Tax Amount Winter: 112.0000
  • Total Tax: 1286.0000
  • Taxable Value: 11824.0000

Multi Family

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

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2021
Closed on
Oct 15, 2021
Sold by
Islam Nazmul
Bought by
Hussen Syed S
Seller's Agent
Nazmul Islam
Home Source Realty LLC
Buyer's Agent
Muhtasin Sadman
Wasim International Realty
List Price
$175,000
Sold Price
$150,000
Premium/Discount to List
-$25,000
-14.29%
Current Estimated Value
$209,452

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,452
Avg. Annual Appreciation
8.22%
Original Mortgage
$127,500
Outstanding Balance
$117,273
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$87,622

Purchase Details

Listed on
Sep 13, 2021
Closed on
Sep 3, 2021
Sold by
Tolcarchuk Eufrosinia and Lessiv Eufrosinia
Bought by
Islam Nazmul
Seller's Agent
Nazmul Islam
Home Source Realty LLC
Buyer's Agent
Muhtasin Sadman
Wasim International Realty
List Price
$175,000
Sold Price
$150,000
Premium/Discount to List
-$25,000
-14.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,500
Outstanding Balance
$117,273
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$87,622
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
Hussen Syed S $150,000 Liberty Title
Islam Nazmul $155,000 Liberty Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hussen Syed S $127,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2021 10/15/21 Sold $150,000 -14.3% $98 / Sq Ft
09/15/2021 09/15/21 Pending -- -- --
09/13/2021 09/13/21 For Sale $175,000 -- $114 / 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 $2,301 $65,100 $0 $0
2024 $2,301 $41,900 $0 $0
2023 $1,790 $33,700 $0 $0
2022 $2,399 $24,700 $0 $0
2021 $1,287 $17,700 $0 $0
2020 $1,286 $16,400 $0 $0
2019 $1,267 $13,300 $0 $0
2018 $1,113 $12,200 $0 $0
2017 $211 $11,100 $0 $0
2016 $1,675 $28,500 $0 $0
2015 $1,496 $17,700 $0 $0
2013 $1,449 $22,095 $0 $0
2010 -- $32,395 $659 $31,736
Source: Public Records

Agents Affiliated with this Home

  • Nazmul Islam

    Seller's Agent in 2021

    Nazmul Islam

    Home Source Realty LLC

    (313) 384-5731

    13 in this area

    118 Total Sales

    Nazmul Islam
    Section Image
  • Muhtasin Sadman

    Buyer's Agent in 2021

    Muhtasin Sadman

    Wasim International Realty

    (586) 668-4026

    4 in this area

    93 Total Sales

    Muhtasin Sadman
    Section Image
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Map

Source: Realcomp

MLS Number: 2210076796

Realcomp

APN: 13-006450

Michigan Wayne County Hamtramck 48212 Buffalo Charles

3840 Fredro St, Hamtramck, MI

This home is located at 3840 Fredro St, HamtraMcK, MI 48212 since 13 September 2021 and is currently estimated at $209,452, approximately $136 per square foot. This property was built in 1926. 3840 Fredro St is a home located in Wayne County with nearby schools including Davison Elementary-Middle School, 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.

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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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