NOT LISTED FOR SALE

3916 Elizabeth St Wayne, MI 48184

Estimated Value: $177,000 - $245,000

4 Beds
2 Baths
1,838 Sq Ft
$116/Sq Ft Est. Value

Last Sold August 31, 2020

Last sale price $123,000 $67 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $1,526/month

23 Days on Market

Highlights

  • 0.4 Acre Lot
  • Cape Cod Architecture
  • Forced Air Heating System

About This Home

As of August 2020

Excellent opportunity to own a rental property with excellent tenants! Current tenants would like the opportunity to stay. One under lease until November 2019 and the other is month to month. Currently rented at $1500.00/mo for both units! *** 24 Hour Notice To Show *** Tenant Occupied *** All showings must be in the physical presence of a licensed real estate agent *** Purchaser must view property prior to offers being presented to seller *** No virtual showings or zip tours allowed per the seller. All showings must be accompanied by a licensed agent. All measurements estimated and must be verified by selling broker/agent.

Last Agent to Sell the Property

Jennifer Hoover

Century 21 Dynamic Realty License #6501376103 Listed on: 06/04/2020

Century 21 Dynamic Realty

Last Buyer's Agent

carol baker

Century 21 Dynamic Realty License #RCO-6501134004

Century 21 Dynamic Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1896

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 135.00x130.00

Home Design

  • Cape Cod Architecture
  • Poured Concrete
  • Vinyl Construction Material

Interior Spaces

  • 2 Full Bathrooms
  • 1,838 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Natural lighting in basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 55013010064303

Community Details

Overview

  • 2 Units
  • Chase & Abell Addition To Wayne Subdivision

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Year Built

Built in 1896

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Cape Cod
  • Architecture Level: 2 Story
  • Assessment: 69.46
  • Year Built: 1896
  • State Equalized Value: 68800.0000
  • Pets Allowed: Call
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Daylight, Unfinished
  • Sq Ft Combined: 1838
  • Total Sq Ft: 1838
  • Sq Ft Total Bsmt: 850

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Foundation Materials: Poured
  • Frontage Feet: 135
  • 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: Wayne-Westland

Lot Info

  • List Price per Acre: 349750.0000
  • Lot Size Area: 0.40
  • Lot Dimensions: 135.00X130.00
  • Parcel Number: 55013010064303
  • Zone Conform: Yes
  • Zoning: Multi-Family

Rental Info

  • Legal Rental Certified: Yes
  • Monthly Rental Income: 1550

Tax Info

  • Tax Amount Summer: 3191.0000
  • Tax Amount Winter: 462.0000
  • Total Tax: 3653.0000
  • Taxable Value: 49017.0000

Multi Family

  • Gross Scheduled Income: 18600.00
  • Number Of Units Total: 2
  • Unit Count: 2
  • Number of Two Bedroom Units: 2
  • Number Of Units Leased: 2

MLS Schools

  • School District: Wayne-Westland

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2020
Closed on
Aug 31, 2020
Sold by
Frazier Deanna L and Dewyer Dawn
Bought by
Smith Timothy J
Seller's Agent
Jennifer Hoover
Century 21 Dynamic Realty
Buyer's Agent
carol baker
Century 21 Dynamic Realty
List Price
$139,900
Sold Price
$123,000
Premium/Discount to List
-$16,900
-12.08%
Current Estimated Value
$214,064

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,064
Avg. Annual Appreciation
11.42%
Original Mortgage
$98,400
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 14, 2013
Sold by
Frazier Deanna L
Bought by
Frazier Deanna L

Purchase Details

Closed on
May 4, 2009
Sold by
Donovan Shaun
Bought by
Frazier Deanna L

Purchase Details

Closed on
Mar 13, 2007
Sold by
Chase Home Finance Llc
Bought by
Hud

Purchase Details

Closed on
Sep 6, 2006
Sold by
Nunlee Eric
Bought by
Chase Home Finance Llc

Purchase Details

Closed on
Oct 2, 2001
Sold by
Mosher Marc G
Bought by
Nunlee Eric
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
Smith Timothy J $123,000 Title One Inc
Frazier Deanna L -- None Available
Frazier Deanna L $18,000 None Available
Hud -- None Available
Chase Home Finance Llc $162,553 None Available
Nunlee Eric $157,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Timothy J $98,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2020 08/31/20 Sold $123,000 -12.1% $67 / Sq Ft
06/28/2020 06/28/20 Pending -- -- --
06/04/2020 06/04/20 For Sale $139,900 -- $76 / 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 $4,339 $117,200 $0 $0
2024 $4,339 $110,500 $0 $0
2023 $4,141 $99,800 $0 $0
2022 $4,681 $87,900 $0 $0
2021 $4,557 $82,400 $0 $0
2020 $4,365 $74,100 $0 $0
2019 $3,191 $68,800 $0 $0
2018 $3,038 $54,200 $0 $0
2017 $806 $51,400 $0 $0
2016 $3,481 $49,400 $0 $0
2015 $4,633 $48,700 $0 $0
2013 $4,620 $47,700 $0 $0
2012 -- $49,100 $18,600 $30,500
Source: Public Records

Agents Affiliated with this Home

  • Jennifer Hoover

    Seller's Agent in 2020

    Jennifer Hoover

    Century 21 Dynamic Realty

    (734) 516-7494

    3 in this area

    37 Total Sales

    Jennifer Hoover
    Section Image
  • carol baker

    Buyer's Agent in 2020

    carol baker

    Century 21 Dynamic Realty

    (313) 320-7956

    4 in this area

    40 Total Sales

    carol baker
    Section Image
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Map

Source: Realcomp

MLS Number: 2200040415

Realcomp

APN: 55-013-01-0064-303

Michigan Wayne County Wayne 48184

3916 Elizabeth St, Wayne, MI

This home is located at 3916 Elizabeth St, Wayne, MI 48184 since 04 June 2020 and is currently estimated at $214,064, approximately $116 per square foot. This property was built in 1896. 3916 Elizabeth St is a home located in Wayne County with nearby schools including Roosevelt/Mcgrath Elementary School, Benjamin Franklin Middle School, and Adams Middle School.

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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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