NOT LISTED FOR SALE

4016 Blaine St Detroit, MI 48204

Petoskey-Otsego Neighborhood

Estimated Value: $92,000 - $108,000

4 Beds
2 Baths
2,438 Sq Ft
$41/Sq Ft Est. Value

Last Sold March 15, 2021

Last sale price $69,500 $29 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $627/month

2 Days on Market

Highlights

  • Colonial Architecture
  • Porch
  • Hot Water Heating System
  • Cass Technical High School Rated 10

About This Home

As of March 2021

INCOME GENERATING W/ GUARANTEED MONTHLY PAYMENTS FROM SEC 8. 2 BED/1 BATH MULTI-FAMILY PROPERTY AVAILABLE FOR SALE WITH A 32.3& CASH ON CASH RETURN. THIS MARKET IS ON FIRE SO YOU DON'T WANT TO MISS OUT. INCOME IS $1030 FOR 1 UNIT AND $990 FOR THE OTHER. TENANTS PAY THEIR OWN UTILITIES. BRAND NEW ROOF, PLUMBING AND ELECTRICAL. ACCEPTED OFFER REQUIRED FOR ALL SHOWINGS. POF MUST BE INCLUDED WITH OFFER. BATVAI ~ CASH OFFERS ONLY

Last Agent to Sell the Property

Kristal Covington

Assets Realty Group, LLC License #6504425768 Listed on: 02/18/2021

Last Buyer's Agent

Alton Williams II

EXP Realty LLC License #RCO-6501373828

EXP Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1919

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 35.00x105.00

Home Design

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

Interior Spaces

  • 2 Full Bathrooms
  • 2,438 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Outdoor Features

  • Porch

Utilities

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

Community Details

  • 2 Units
  • Dexter Blvd Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number W14I003096S

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,111

Year Built

Built in 1919

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Assessment: 340
  • Year Built: 1919
  • State Equalized Value: 12700.0000
  • Pets Allowed: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 2438
  • Total Sq Ft: 2438
  • Sq Ft Total Bsmt: 1000

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block
  • Porch Type: Porch
  • Road Frontage Type: Pub. Sidewalk

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Hot Water
  • Sewer: Sewer at Street
  • Water Source: Municipal Water
  • Laundry Facilities: No

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 937500.0000
  • Lot Size Area: 0.08
  • Lot Dimensions: 35.00X105.00
  • Parcel Number: W14I003096S
  • Zoning: Residential

Rental Info

  • Rent Includes: Garbage Pickup
  • Monthly Rental Income: 2020

Tax Info

  • Tax Amount Summer: 1030.0000
  • Tax Amount Winter: 81.0000
  • Total Tax: 1111.0000
  • Taxable Value: 8734.0000

Multi Family

  • Gross Scheduled Income: 24240.00
  • 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
May 26, 2021
Sold by
Golden Financial Holdings Llc
Bought by
R E I Group Investment Llc
Current Estimated Value
$99,164

Purchase Details

Listed on
Feb 18, 2021
Closed on
Mar 11, 2021
Sold by
Pl Jackson Consultants Llc
Bought by
Union Square Group Llc
Seller's Agent
Kristal Covington
Assets Realty Group, LLC
Buyer's Agent
Alton Williams II
EXP Realty LLC
List Price
$75,000
Sold Price
$69,500
Premium/Discount to List
-$5,500
-7.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.73%

Purchase Details

Listed on
Mar 23, 2020
Closed on
Aug 11, 2020
Sold by
Fpr International Inc and Fpr International Inc
Bought by
Pl Jackson Consultants Llc
Seller's Agent
Valyncia Page
Front Page Properties
Buyer's Agent
Valyncia Page
Front Page Properties
List Price
$39,500
Sold Price
$21,200
Premium/Discount to List
-$18,300
-46.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
648.14%

Purchase Details

Closed on
Nov 19, 2019
Sold by
County Of Wayne
Bought by
Fpr International Inc
Source: Public Records

Range of Values:

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
R E I Group Investment Llc $90,700 None Available
Union Square Group Llc $69,500 First American Title
Pl Jackson Consultants Llc $21,500 None Listed On Document
Fpr International Inc $3,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2021 03/15/21 Sold $69,500 -7.3% $29 / Sq Ft
02/21/2021 02/21/21 Pending -- -- --
02/18/2021 02/18/21 For Sale $75,000 +253.8% $31 / Sq Ft
08/11/2020 08/11/20 Sold $21,200 -29.1% $9 / Sq Ft
08/04/2020 08/04/20 Pending -- -- --
06/24/2020 06/24/20 Price Changed $29,900 -14.6% $12 / Sq Ft
05/29/2020 05/29/20 Price Changed $35,000 -10.3% $14 / Sq Ft
04/17/2020 04/17/20 Price Changed $39,000 -1.3% $16 / Sq Ft
03/23/2020 03/23/20 For Sale $39,500 -- $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 $1,009 $23,000 $0 $0
2024 $1,009 $18,800 $0 $0
2023 $1,225 $15,300 $0 $0
2022 $1,297 $13,700 $0 $0
2021 $1,265 $10,600 $0 $0
2020 $1,113 $12,700 $0 $0
2019 $1,099 $9,900 $0 $0
2018 $985 $8,600 $0 $0
2017 $156 $8,200 $0 $0
2016 $1,265 $19,600 $0 $0
2015 $1,090 $10,900 $0 $0
2013 $1,100 $15,142 $0 $0
2010 -- $21,696 $812 $20,884
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2021

    Kristal Covington

    Assets Realty Group, LLC

    Section Image

  • A

    Buyer's Agent in 2021

    Alton Williams II

    EXP Realty LLC

    (313) 670-6495

    3 in this area

    9 Total Sales

    Section Image

  • A

    Buyer's Agent in 2021

    Alton Williams

    EXP Realty Main

  • Valyncia Page

    Seller's Agent in 2020

    Valyncia Page

    Front Page Properties

    (313) 463-0406

    1 in this area

    45 Total Sales

    Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 2210010819

Realcomp

APN: 14-003096

Michigan Wayne County Detroit 48204 Petoskey-Otsego

4016 Blaine St, Detroit, MI

This home is located at 4016 Blaine St, Detroit, MI 48204 since 18 February 2021 and is currently estimated at $100,706, approximately $41 per square foot. This property was built in 1919. 4016 Blaine 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
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