NOT LISTED FOR SALE

3974 Caniff St HamtraMcK, MI 48212

Estimated Value: $280,000 - $357,675

6 Beds
4 Baths
3,500 Sq Ft
$93/Sq Ft Est. Value

Last Sold September 24, 2021

Last sale price $300,000 $86 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,083/month

117 Days on Market

Highlights

  • Colonial Architecture
  • Porch
  • Forced Air Heating and Cooling System
  • Furnished
  • Programmable Thermostat
  • Humidifier

About This Home

As of September 2021

CASH ONLY! NVESTOR ALERT! Opportunity for an IMMEDIATE income producing property. Up for sale is a multi family house with business opportunity.
A two family house with two In-law quarters. All utilities are separated. There are four kitchens, four bathrooms. In-law quarters are studios. Main floor apartment flat and second floor apartment flat each have three bedroom , living room, kitchen and bathroom. All apartments are fully furnished with all amenities ready to use by the guests - all stays with the house.
New windows, in wall insulation added , high efficiency furnaces and A/C New hot water heater, copper plumbing, new PVC drains, back water valve and sump pump installed in the basement . laundry room with three washers and three gas dryers.
A new edition to the property is an oasis in the back yard. There are koi fish ponds, patio with outdoor furniture, LED outdoor lighting thru out yard creating intimate settings for the evening.

Last Agent to Sell the Property

Muhammed Nasser

Real Estate Advantage License #700208 Listed on: 05/18/2021

Last Buyer's Agent

Muhammed Nasser

Real Estate Advantage License #700208 Listed on: 05/18/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1929 | Remodeled in 2019

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 30x102
  • Fenced

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 4 Full Bathrooms
  • 3,500 Sq Ft Home
  • 3-Story Property
  • Furnished
  • ENERGY STAR Qualified Windows
  • Partially Finished Basement
  • Basement Window Egress

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • Programmable Thermostat
  • Natural Gas Water Heater
  • Sewer in Street

Community Details

  • 4 Units
  • Shipman Subdivision

Listing and Financial Details

  • Assessor Parcel Number 41008020138302

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,027

Year Built

Built in 1929 | Remodeled in 2019

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Colonial
  • Architecture Level: 3 Story
  • Year Built: 1929
  • State Equalized Value: 51700.0000
  • Year Renovated: 2019
  • Pets Allowed: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Interior Amenities: Humidifier, Furnished - Yes, Programmable Thermostat, Egress Window(s), ENERGY STAR® Qualified Window(s)
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement: Yes
  • Basement Type: Partially Finished
  • Total Sq Ft: 3500

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Aluminum, Brick
  • Exterior Features: Fenced
  • Foundation Materials: Block
  • Porch Type: Porch
  • Road Frontage Type: Paved

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Sewer at Street
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Lot Info

  • Lot Size Area: 0.07
  • Lot Dimensions: 30x102
  • Parcel Number: 41008020138302
  • Zoning: Residential

Rental Info

  • Rent Includes: Heat, Electric, Internet, Water/Sewer, Snow Removal, Trash Collection (Garbage Pickup), Water, Yard Maintenance
  • Legal Rental Certified: Yes
  • Monthly Rental Income: 6555

Tax Info

  • Tax Amount Summer: 1839.0000
  • Tax Amount Winter: 188.0000
  • Total Tax: 2027.0000
  • Taxable Value: 26952.0000

Multi Family

  • Gross Scheduled Income: 78660.00
  • Number Of Units Total: 4
  • Number of Efficiency Units: 2

MLS Schools

  • School District: Hamtramck

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2021
Closed on
Sep 24, 2021
Sold by
Aomk Llc
Bought by
Smith Adam Carl
Seller's Agent
Muhammed Nasser
Real Estate Advantage
Buyer's Agent
Muhammed Nasser
Real Estate Advantage
List Price
$330,000
Sold Price
$300,000
Premium/Discount to List
-$30,000
-9.09%
Current Estimated Value
$324,669

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,669
Avg. Annual Appreciation
1.88%
Original Mortgage
$225,000
Outstanding Balance
$212,298
Interest Rate
2.88%
Estimated Equity
$112,371

Purchase Details

Closed on
Aug 30, 2013
Sold by
Kornas Arkadius A
Bought by
Kornas Arkadius A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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 Adam Carl $300,000 Title One Inc
Kornas Arkadius A -- Stg
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Adam Carl $225,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/24/2021 09/24/21 Sold $300,000 -9.1% $86 / Sq Ft
09/13/2021 09/13/21 Pending -- -- --
07/14/2021 07/14/21 For Sale $330,000 0.0% $94 / Sq Ft
05/22/2021 05/22/21 Pending -- -- --
05/18/2021 05/18/21 For Sale $330,000 -- $94 / 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 $4,526 $113,400 $0 $0
2024 $4,417 $101,400 $0 $0
2023 $4,854 $86,200 $0 $0
2022 $4,668 $64,500 $0 $0
2021 $2,047 $60,400 $0 $0
2020 $2,028 $51,700 $0 $0
2019 $2,010 $41,500 $0 $0
2018 $1,641 $33,900 $0 $0
2017 $633 $29,100 $0 $0
2016 $1,904 $25,500 $0 $0
2015 $2,500 $25,000 $0 $0
2013 $2,550 $25,500 $0 $0
2012 $1,950 $28,500 $3,800 $24,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2210036186

Realcomp

APN: 41-008-02-0138-302