NOT LISTED FOR SALE

Estimated Value: $148,000 - $183,000

6 Beds
2 Baths
2,520 Sq Ft
$68/Sq Ft Est. Value

Last Sold March 05, 2013

Last sale price $4,000 $2 Per Sq Ft

Est. 3,887% increase in value since last sale

Current estimated payment $968/month

342 Days on Market

Highlights

  • Porch
  • Forced Air Heating System
  • Private Entrance
  • Cass Technical High School Rated 10
  • Garage
  • Fenced

About This Home

As of March 2013

HUD Home. Sold AS-IS by electronic bid only (UI) ALL BRICK EXTERIOR. Each unit has a separate entrance. Each rental unit also has 3-bedrooms, 1-bath, updated kitchens & feature a formal dining Rm & living room w/gorgeous fireplace. Plenty of storage space in the attic and HUGE basement. This income property also has a really nice 2-Car Detached Garage w/a fenced in rear yard. Missing both furnaces, HWT's & most plumbing fixtures. *PRICE REDUCED*

Last Agent to Sell the Property

Steve Katsaros

KW Metro License #6502401342 Listed on: 02/07/2012

KW Metro

Last Buyer's Agent

Ramona Green

Real Living Kee Realty-SCS License #RCO-6501368152

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1927

Lot Details

  • Lot Dimensions are 40 x 114
  • Private Entrance
  • Fenced

Parking

  • Garage

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • 2 Full Bathrooms
  • 2,520 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • 2 Units
  • East Detroit Development Cos No 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number W21I070316S

Property Details

Home Type

Multi-Family

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 2 Story
  • Assessment: YES
  • Year Built: 1927
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 2520
  • Total Sq Ft: 2520

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: Private Entry, Fenced
  • Frontage Feet: 40
  • Porch Type: Porch
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • MF Parking: Garages

Utilities

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

Schools

  • School District: Detroit

Lot Info

  • Lot Dimensions: 40 X 114
  • Parcel Number: W21I070316S
  • Zone Conform: Yes
  • Zoning: Residential
  • Homestead Percent: 0 Percent
  • Percent Homestead Exempt: Yes

Tax Info

  • Tax Amount Summer: 2330.0000
  • Tax Amount Winter: 286.0000
  • Total Tax: 2616.0000

Multi Family

  • Number Of Units Total: 2
  • Number of Three Bedroom Units: 2

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 30, 2023
Sold by
Inspiring Investors Group Llc
Bought by
Inspiring Investors Group Llc
Current Estimated Value
$159,480

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,250
Outstanding Balance
$129,444
Interest Rate
7.31%
Mortgage Type
New Conventional
Estimated Equity
$31,015

Purchase Details

Listed on
Feb 7, 2012
Closed on
Feb 28, 2013
Sold by
Secretary Of Housing & Urban Development
Bought by
Inspiring Investors Group Llc
Seller's Agent
Steve Katsaros
KW Metro
Buyer's Agent
Ramona Green
Real Living Kee Realty-SCS
List Price
$17,000
Sold Price
$4,000
Premium/Discount to List
-$13,000
-76.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.49%

Purchase Details

Closed on
Apr 14, 2011
Sold by
Wells Fargo Bank Na
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Oct 13, 2010
Sold by
Hakeem Andrea Denise
Bought by
Wells Fargo Bank Na
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
Inspiring Investors Group Llc -- None Listed On Document
Inspiring Investors Group Llc $4,000 None Available
The Secretary Of Housing & Urban Develop -- None Available
Wells Fargo Bank Na $144,888 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Inspiring Investors Group Llc $131,250
Previous Owner Hakeem Andrea Denise $19,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2013 03/05/13 Sold $4,000 -76.5% $2 / Sq Ft
01/14/2013 01/14/13 Pending -- -- --
02/07/2012 02/07/12 For Sale $17,000 -- $7 / 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 $1,456 $79,500 $0 $0
2024 $1,456 $66,300 $0 $0
2023 $1,660 $52,200 $0 $0
2022 $1,767 $31,800 $0 $0
2021 $1,720 $25,800 $0 $0
2020 $1,719 $23,200 $0 $0
2019 $1,693 $19,400 $0 $0
2018 $1,490 $17,200 $0 $0
2017 $278 $16,500 $0 $0
2016 $1,630 $17,000 $0 $0
2015 $1,700 $17,000 $0 $0
2013 $2,298 $22,984 $0 $0
2010 -- $33,696 $1,247 $32,449
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 212013672

Realcomp

APN: 21-070316