NOT LISTED FOR SALE

3964 W Lafayette Blvd Detroit, MI 48216

Southwest Detroit Neighborhood

Estimated Value: $106,474 - $219,000

3 Beds
2.5 Baths
2,508 Sq Ft
$66/Sq Ft Est. Value

Last Sold June 28, 2023

Last sale price $20,000 $8 Per Sq Ft

Est. 748% increase in value since last sale

Current estimated payment $1,018/month

79 Days on Market

Highlights

  • 0.22 Acre Lot
  • Colonial Architecture
  • 2 Car Garage
  • Cass Technical High School Rated 10
  • Hot Water Heating System

About This Home

As of June 2023

Welcome to the latest offering from the Detroit Land Bank Authority. Converted 3 unit property. Each unit is 1 bedroom each. Home needs extensive work. Can be converted back into a large single family. Show with caution. Please note that the Detroit Land bank Authority is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatements and/or lot combinations that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing. Please refer to DLBA proposal guidelines.

Last Agent to Sell the Property

Gene Kelley

Real Estate One-Southfield License #6501293908 Listed on: 11/16/2022

Real Estate One-Southfield

Co-Listed By

Patricia Phillips

Real Estate One-Southfield License #6506029243

Last Buyer's Agent

Dyla Abbas

Keller Williams Legacy License #6501423394

Keller Williams Legacy

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1912

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 63.00 x 155.00

Parking

  • 2 Car Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 2,508 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number W14I000179S

Community Details

Overview

  • 3 Units
  • Newmans R A Sub Of Lots 28 29 30 35 36 & 37 Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Assessment: 240.00
  • Year Built: 1912
  • State Equalized Value: 19000.0000
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 3762
  • Sq Ft Lower Floor: 1254
  • Total Sq Ft: 2508
  • Sq Ft Total Bsmt: 1254

Exterior Features

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

Garage/Parking

  • Garage: Yes
  • Total Parking Spaces: 2

Utilities

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

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 250000.0000
  • Lot Size Area: 0.22
  • Lot Dimensions: 63.00 x 155.00
  • Parcel Number: W14I000179S
  • Zone Conform: Yes
  • Zoning: Multi-Family

Tax Info

  • Tax Amount Summer: 928.0000
  • Tax Amount Winter: 104.0000
  • Total Tax: 1032.0000
  • Taxable Value: 11313.0000

Multi Family

  • Number Of Units Total: 3
  • Number of One Bedroom Units: 3

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2022
Closed on
Jun 28, 2023
Sold by
Detroit Land Bank Authority
Bought by
Perez Jamie and Vaghefi Tara
Seller's Agent
Gene Kelley
Real Estate One-Southfield
Buyer's Agent
Dyla Abbas
Keller Williams Legacy
List Price
$55,000
Sold Price
$20,000
Premium/Discount to List
-$35,000
-63.64%
Views
199
Current Estimated Value
$169,548

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,548
Avg. Annual Appreciation
191.59%

Purchase Details

Closed on
Sep 25, 2015
Sold by
Gonzalez David and Gonzalez Martin
Bought by
Asshaq Maia
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
Perez Jamie $20,000 None Listed On Document
Asshaq Maia -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2023 06/28/23 Sold $20,000 -63.6% $8 / Sq Ft
02/03/2023 02/03/23 Pending -- -- --
11/16/2022 11/16/22 For Sale $55,000 -- $22 / 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 $1,079 $16,700 $0 $0
2024 $1,079 $11,000 $0 $0
2023 $876 $8,265 $0 $0
2022 $1,229 $19,000 $0 $0
2021 $1,196 $14,300 $0 $0
2020 $1,196 $13,500 $0 $0
2019 $1,178 $10,600 $0 $0
2018 $937 $8,300 $0 $0
2017 $144 $7,600 $0 $0
2016 $2,315 $27,400 $0 $0
2015 $99 $1,000 $0 $0
2013 $1,370 $29,257 $0 $0
2010 -- $41,921 $1,150 $40,771
Source: Public Records

Agents Affiliated with this Home

  • Gene Kelley

    Seller's Agent in 2023

    Gene Kelley

    Real Estate One

    (248) 506-1257

    1 in this area

    127 Total Sales

    Section Image
  • Patricia Phillips

    Seller Co-Listing Agent in 2023

    Patricia Phillips

    Real Estate One

    (313) 673-3774

    2 in this area

    84 Total Sales

    Section Image
  • Dyla Abbas

    Buyer's Agent in 2023

    Dyla Abbas

    Keller Williams Legacy

    (734) 258-0339

    1 in this area

    21 Total Sales

    Section Image
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Map

Source: Realcomp

MLS Number: 20221061785

Realcomp

APN: 14-000179

Michigan Wayne County Detroit 48209 Southwest Detroit

3964 W Lafayette Blvd, Detroit, MI

This home is located at 3964 W Lafayette Blvd, Detroit, MI 48216 since 16 November 2022 and is currently estimated at $166,119, approximately $66 per square foot. This property was built in 1912. 3964 W Lafayette Blvd is a home located in Wayne County with nearby schools including Charles L. Spain Elementary-Middle School, Edward 'Duke' Ellington Conservatory of Music and Art, and Western International High 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.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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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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