NOT LISTED FOR SALE

3969 Meldrum St Detroit, MI 48207

Gratiot-Grand Neighborhood

Estimated Value: $40,000 - $76,252

6 Beds
3.5 Baths
3,682 Sq Ft
$18/Sq Ft Est. Value

Last Sold March 14, 2024

Last sale price $16,500 $4 Per Sq Ft

Est. 296% increase in value since last sale

Current estimated payment $404/month

105 Days on Market

Highlights

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

About This Home

As of March 2024

Looking for a stellar investment? Well look no further. This VACANT multifamily property has so much opportunity for a handy homeowner, investor, or savvy house hacker. Such a perfect opportunity to build some long term equity in a great area that is up and coming. This 2 family property could be a great money maker for any investor looking to buy, fix, and hold long term. The opportunity is there for the taking...Schedule a showing today before you miss out!

Last Agent to Sell the Property

David Rabior

Clyde Realty LLC License #6501406276 Listed on: 11/28/2023

Last Buyer's Agent

Aaron Fox

Real Broker LLC Troy License #6501400181

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1916

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 30.00 x 140.00

Parking

  • 2 Car Garage

Home Design

  • Colonial Architecture
  • Block Foundation
  • Vinyl Construction Material

Interior Spaces

  • 3,682 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Utilities

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

Community Details

  • 2 Units
  • Meldrum Farm Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number W15I013694S

Property Details

Home Type

Multi-Family

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Assessment: 340.00
  • Year Built: 1916
  • State Equalized Value: 24100.0000
  • Pets Allowed: No
  • AgentOnly_ListPriceByAcre: 290000.0000
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 3682

Exterior Features

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

Garage/Parking

  • Garage: Yes
  • Total Parking Spaces: 2

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Hot Water
  • Sewer: Sewer at Street
  • Water Source: Community

Lot Info

  • Lot Size Area: 0.10
  • Lot Dimensions: 30.00 x 140.00
  • Parcel Number: W15I013694S
  • Zoning: Residential

Tax Info

  • Tax Amount Summer: 2118.0000
  • Tax Amount Winter: 207.0000
  • Total Tax: 2325.0000
  • Taxable Value: 23100.0000

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 28, 2023
Closed on
Mar 15, 2024
Sold by
Dagtag Mi1 Llc
Bought by
Exar Llc
Seller's Agent
David Rabior
Clyde Realty LLC
Buyer's Agent
Aaron Fox
Real Broker LLC Troy
List Price
$40,000
Sold Price
$16,500
Premium/Discount to List
-$23,500
-58.75%
Views
145
Current Estimated Value
$65,388

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,888
Avg. Annual Appreciation
112.97%

Purchase Details

Closed on
May 23, 2023
Sold by
North Sea Investments 2 Llc
Bought by
Dagtag Mi 1 Llc

Purchase Details

Listed on
Jul 21, 2021
Closed on
Sep 7, 2021
Sold by
Williams Latrina
Bought by
North Sea Investments 2 Llc
Seller's Agent
Costello Hickson III
Front Page Properties
Buyer's Agent
Jessica Anthony
Clyde Realty LLC
List Price
$60,000
Sold Price
$55,000
Premium/Discount to List
-$5,000
-8.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.55%

Purchase Details

Closed on
Nov 7, 2013
Sold by
Wayne County Treasurer
Bought by
Williams Latrina

Purchase Details

Closed on
Apr 13, 2010
Sold by
Williams Jeffery
Bought by
Auston Terrian

Purchase Details

Closed on
Mar 26, 2008
Sold by
Green Tyrone
Bought by
Williams Jeffery
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Exar Llc $16,500 None Listed On Document
Dagtag Mi 1 Llc $64,000 None Listed On Document
North Sea Investments 2 Llc $55,000 Title Connect Inc
Williams Latrina $500 None Available
Auston Terrian $500 None Available
Williams Jeffery -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/14/2024 03/14/24 Sold $16,500 -43.1% $4 / Sq Ft
03/12/2024 03/12/24 Pending -- -- --
02/20/2024 02/20/24 Price Changed $29,000 -3.3% $8 / Sq Ft
02/13/2024 02/13/24 Price Changed $30,000 -25.0% $8 / Sq Ft
11/28/2023 11/28/23 For Sale $40,000 -27.3% $11 / Sq Ft
09/07/2021 09/07/21 Sold $55,000 -8.3% $15 / Sq Ft View Prior Sale
08/13/2021 08/13/21 Pending -- -- --
07/21/2021 07/21/21 For Sale $60,000 -- $16 / 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 $3,064 $36,700 $0 $0
2024 $2,405 $30,600 $0 $0
2023 $2,118 $24,100 $0 $0
2022 $2,263 $22,000 $0 $0
2021 $625 $18,000 $0 $0
2020 $625 $19,200 $0 $0
2019 $591 $15,700 $0 $0
2018 $550 $13,300 $0 $0
2017 $57 $14,800 $0 $0
2016 $580 $37,800 $0 $0
2015 $320 $3,200 $0 $0
2013 $354 $3,539 $0 $0
2010 -- $5,188 $338 $4,850
Source: Public Records

Agents Affiliated with this Home

  • David Rabior

    Seller's Agent in 2024

    David Rabior

    Clyde Realty LLC

    (586) 329-8618

    3 in this area

    385 Total Sales

    David Rabior
    Section Image
  • Aaron Fox

    Buyer's Agent in 2024

    Aaron Fox

    Real Broker LLC Troy

    (248) 953-1465

    1 in this area

    127 Total Sales

    Aaron Fox
    Section Image
  • Costello Hickson III

    Seller's Agent in 2021

    Costello Hickson III

    Front Page Properties

    (313) 971-8628

    3 in this area

    24 Total Sales

    Costello Hickson III
    Section Image
  • Denise Cochran

    Seller Co-Listing Agent in 2021

    Denise Cochran

    Brookstone, Realtors LLC

    (248) 862-1300

    1 in this area

    17 Total Sales

    Denise Cochran
    Section Image
  • Jessica Anthony

    Buyer's Agent in 2021

    Jessica Anthony

    Clyde Realty LLC

    (313) 974-1830

    1 in this area

    11 Total Sales

    Jessica Anthony
    Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 20230100046

Realcomp

APN: 15-013694

Michigan Wayne County Detroit 48207 Gratiot-Grand

3969 Meldrum St, Detroit, MI

Not Listed for Sale

MultiFamily

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
Copyright 2025 Realcomp II Ltd. Shareholders
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

Nearby Homes