NOT LISTED FOR SALE

Estimated Value: $54,092 - $154,000

4 Beds
2 Baths
2,187 Sq Ft
$49/Sq Ft Est. Value

Last Sold June 05, 2015

Last sale price $34,500 $16 Per Sq Ft

Est. 211% increase in value since last sale

Current estimated payment $626/month

259 Days on Market

Highlights

  • Balcony
  • Porch
  • Hot Water Heating System
  • Cass Technical High School Rated 10
  • Ceiling Fan
  • Garage

About This Home

As of June 2015

Renovated 2-family brick with detached 2 car garage. Both 2 bedroom units currently leased for a total of $850/month. May be purchased as a package with 6 other properties. Cash or Land Contract terms.

Last Agent to Sell the Property

Sue Wenzlaff

Keller Williams Realty-Great Lakes License #6501309727 Listed on: 08/15/2014

Keller Williams Realty-Great Lakes

Last Buyer's Agent

Sue Wenzlaff

Keller Williams Realty-Great Lakes License #RCO-6501309727

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1916

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 45.00x148.39

Parking

  • Garage

Home Design

  • Brick Exterior Construction
  • Brick Foundation
  • Asphalt Roof

Interior Spaces

  • 2 Full Bathrooms
  • 2,187 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Basement

Outdoor Features

  • Balcony
  • Porch

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Sewer in Street

Community Details

  • 2 Units
  • Liebermans Homedale Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number W21I043419S

Property Details

Home Type

Multi-Family

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Assessment: 1262.08
  • Year Built: 1916
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Sq Ft Combined: 2187
  • Total Sq Ft: 2187
  • Sq Ft Total Bsmt: 1068

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Brick/Mortar
  • Frontage Feet: 45
  • Porch Type: Balcony, Porch
  • Road Frontage Type: Paved

Garage/Parking

  • Garage: Yes
  • MF Parking: Garages

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s)
  • Heating: Hot Water
  • Sewer: Sewer at Street
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 216666.6667
  • Lot Size Area: 0.15
  • Lot Dimensions: 45.00X148.39
  • Parcel Number: W21I043419S
  • Zoning: Multi-Family

Rental Info

  • Deposit Amount: 16000.00
  • Monthly Rental Income: 850

Tax Info

  • Tax Amount Summer: 895.0000
  • Tax Amount Winter: 1343.0000
  • Total Tax: 2238.0000

Multi Family

  • Gross Scheduled Income: 10200.00
  • Number Of Units Total: 2
  • Number of Two Bedroom Units: 2
  • Number Of Units Leased: 2

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 22, 2021
Sold by
Motorhead Investments Llc
Bought by
Psh Properties Llc
Current Estimated Value
$107,273

Purchase Details

Listed on
Aug 15, 2014
Closed on
Jun 3, 2015
Sold by
Buy Metro Detroit Property Llc
Bought by
Motorhead Investments Llc
Seller's Agent
Sue Wenzlaff
Keller Williams Realty-Great Lakes
Buyer's Agent
Sue Wenzlaff
Keller Williams Realty-Great Lakes
List Price
$32,500
Sold Price
$34,500
Premium/Discount to List
$2,000
6.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.35%

Purchase Details

Closed on
Sep 11, 2012
Sold by
Scotti Chris and Henderson Lori
Bought by
Buy Metro Detroit Property Llc

Purchase Details

Closed on
Aug 18, 2011
Sold by
Manning Stephen and Adams Anita
Bought by
Scotti Chris

Purchase Details

Closed on
Dec 2, 2005
Sold by
Marshall Essie Mae
Bought by
Manning Stephan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,500
Interest Rate
9.5%
Mortgage Type
Fannie Mae Freddie Mac
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
Psh Properties Llc $38,000 None Listed On Document
Motorhead Investments Llc $34,500 Nations Title Agency
Buy Metro Detroit Property Llc -- None Available
Scotti Chris $4,100 Commercial Title Service
Manning Stephan $65,000 Blue Sky Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Buy Metro Detroit Property Llc $47,603
Previous Owner Manning Stephan $58,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2015 06/05/15 Sold $34,500 +6.2% $16 / Sq Ft
05/01/2015 05/01/15 Pending -- -- --
08/15/2014 08/15/14 For Sale $32,500 -- $15 / 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 $642 $37,500 $0 $0
2024 $642 $30,600 $0 $0
2023 $868 $24,600 $0 $0
2022 $911 $19,000 $0 $0
2021 $892 $16,600 $0 $0
2020 $892 $16,200 $0 $0
2019 $881 $15,000 $0 $0
2018 $800 $14,800 $0 $0
2017 $111 $15,200 $0 $0
2016 $856 $6,100 $0 $0
2015 $610 $6,100 $0 $0
2013 $719 $7,190 $0 $0
2010 -- $12,741 $668 $12,073
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 214085094

Realcomp

APN: 21-043419