NOT LISTED FOR SALE

4001 Taylor St Detroit, MI 48204

Petoskey-Otsego Neighborhood

Estimated Value: $81,000 - $152,497

6 Beds
2 Baths
2,758 Sq Ft
$40/Sq Ft Est. Value

Last Sold December 16, 2014

Last sale price $6,000 $2 Per Sq Ft

Est. 1,727% increase in value since last sale

Current estimated payment $695/month

26 Days on Market

Highlights

  • Covered Patio or Porch
  • Balcony
  • Heating System Uses Steam
  • Cass Technical High School Rated 10
  • Garage
  • 5-minute walk to McShane Playground

About This Home

As of December 2014

OUTSTANDING INVESTMENT OPPORTUNITY. THIS ALL BRICK 3 BEDROOM UP AND DOWN MULTI FAMILY EACH FEATURES A FORMAL LIVING ROOM WITH NATURAL FIREPLACE, FORMAL DINING ROOM, KITCHEN, 3 BEDROOMS AND FULL BATH. LOWER UNIT HAS UPDATED KITCHEN. BOTH UNITS HAVE NEWER BOILERS. THIS MULTI-FAMILY HAS 1 UNIT OCUPPIED PAYING $575.00 A MONTH AND UTILITIES EXCLUDING WATER. THIS IS A SHORT SALE. ALL PAPERWORK HAS BEEN SUBMITTED JUST WAITING ON AN OFFER. PROPERTY BEING SOLD IN AN AS IS CONDITION. BUYER TO PAY FOR CITY OF DETROIT INSPECTION AND SIGN ACR PRIOR TO CLOSING. BUYER TO PAY $995.00 PROCESSING FEE TO LIST OFFICE FOR MLS 214088757. LISTING OFFICE TO HOLD EMD.

Last Agent to Sell the Property

Monique Carter

Temporary Inactive Users License #6502388097 Listed on: 08/25/2014

Last Buyer's Agent

Monique Carter

Temporary Inactive Users License #RCO-6502388097

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 40.00x100.00
  • Private Entrance
  • Fenced

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 2 Full Bathrooms
  • 2,758 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Parking

  • Garage
  • On-Street Parking

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Exterior Lighting

Utilities

  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Separate Meters
  • Natural Gas Water Heater
  • Sewer in Street

Community Details

  • 2 Units
  • Coonleys Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number W14I003265S

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Assessment: 122.32
  • Year Built: 1925
  • Special Features: 12
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 2758
  • Total Sq Ft: 2758
  • Sq Ft Total Bsmt: 1363

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: Fenced, Lighting, Private Entry
  • Foundation Materials: Block
  • Frontage Feet: 40
  • Porch Type: Balcony, Porch - Covered
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • Garage: Yes
  • MF Parking: Garages, On Street

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Separate Meter
  • Heating: Steam
  • Sewer: Sewer at Street, Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal), Water at Street
  • Laundry Facilities: No

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 76666.6667
  • Lot Size Area: 0.09
  • Lot Dimensions: 40.00X100.00
  • Parcel Number: W14I003265S
  • Zoning: Multi-Family

Rental Info

  • Monthly Rental Income: 575

Tax Info

  • Tax Amount Summer: 1970.0000
  • Tax Amount Winter: 324.0000
  • Total Tax: 2294.0000

Multi Family

  • Number Of Units Total: 2
  • Number of Three Bedroom Units: 2
  • Number Of Units Leased: 1

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2014
Closed on
Dec 16, 2014
Sold by
Whyte Donald A and Whyte Karen R
Bought by
Infinite Investments Llc
Seller's Agent
Monique Carter
Temporary Inactive Users
Buyer's Agent
Monique Carter
Temporary Inactive Users
List Price
$6,900
Sold Price
$6,000
Premium/Discount to List
-$900
-13.04%
Current Estimated Value
$109,624

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,624
Avg. Annual Appreciation
30.09%
Source: Public Records

Range of Values:

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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
Infinite Investments Llc $6,000 Red Carpet Title Agency Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Whyte Donald A $46,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2014 12/16/14 Sold $6,000 -13.0% $2 / Sq Ft
09/20/2014 09/20/14 Pending -- -- --
08/25/2014 08/25/14 For Sale $6,900 -- $3 / 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 $1,332 $37,800 $0 $0
2024 $1,332 $31,200 $0 $0
2023 $1,540 $25,300 $0 $0
2022 $1,637 $22,200 $0 $0
2021 $1,693 $17,000 $0 $0
2020 $1,594 $20,400 $0 $0
2019 $1,570 $15,800 $0 $0
2018 $1,385 $13,900 $0 $0
2017 $252 $13,300 $0 $0
2016 $1,621 $31,900 $0 $0
2015 $1,520 $15,200 $0 $0
2013 $2,114 $21,135 $0 $0
2010 -- $30,282 $830 $29,452
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2014

    Monique Carter

    Temporary Inactive Users

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Map

Source: Realcomp

MLS Number: 214088757

Realcomp

APN: 14-003265

Michigan Wayne County Detroit 48204 Petoskey-Otsego

4001 Taylor St, Detroit, MI

This home is located at 4001 Taylor St, Detroit, MI 48204 since 25 August 2014 and is currently estimated at $109,624, approximately $39 per square foot. This property was built in 1925. 4001 Taylor St is a home located in Wayne County with nearby schools including Thirkell Elementary School, Charles L. Spain Elementary-Middle School, and Edward 'Duke' Ellington Conservatory of Music and Art.

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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