NOT LISTED FOR SALE

Estimated Value: $21,796 - $100,000

24 Beds
24 Baths
8,112 Sq Ft
$7/Sq Ft Est. Value

Last Sold April 10, 2021

Last sale price $15,000 $2 Per Sq Ft

Est. 278% increase in value since last sale

Current estimated payment $303/month

331 Days on Market

About This Home

As of April 2021

Excellent opportunity to renovate this 2 story 8,000+ SF brick multi-family property. The property will need to be a down to the studs renovation, so the unit mix will differ. Two above grade floors plus basement that may be finished, as well. All offers must be supported by Proof of Funds for both the Purchase Price, as well as the construction costs. The sale of said property is open to homeowners, investors and developers. The Seller will consider a rehab proposal or a tear down & new build proposal. If the Buyers Offer to Purchase includes a new build proposal, the Purchaser shall present construction plans or precedent architectural images of proposed development. Seller Addendum's to be provided upon acceptance of qualifying offer. This sale is contingent upon Buyer & Seller execution of a Development Agreement. Buyer to verify all room sizes. Contact listing broker with additional questions.

Last Agent to Sell the Property

James Bufalino

Premier Property Services LLC License #6501313711 Listed on: 09/17/2018

Last Buyer's Agent

James Bufalino

Premier Property Services LLC License #6501313711 Listed on: 09/17/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15

Year Built

  • Built in 1924

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 50.00 x 62.63

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 8,112 Sq Ft Home
  • 2-Story Property
  • Finished Basement

Parking

  • On-Street Parking
  • Off-Site Parking

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Sewer in Street

Community Details

  • 12 Units
  • Scovels Subdivision

Listing and Financial Details

  • Assessor Parcel Number W14I008099S002L

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Quadruplex
  • Architecture Level: 2 Story
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 12.12
  • Full Bathrooms: 12
  • Half Bathrooms: 12
  • Basement: Yes
  • Basement Type: Finished
  • Sq Ft Combined: 12168
  • Sq Ft Lower Floor: 4056
  • Total Sq Ft: 8112
  • Sq Ft Total Bsmt: 4056

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block
  • Frontage Feet: 50
  • Road Frontage Type: Paved

Garage/Parking

  • MF Parking: Off Site, On Street

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Sewer at Street
  • Water Source: Water at Street
  • Laundry Facilities: No

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 355714.2800
  • Lot Size Area: 0.07
  • Lot Dimensions: 50.00 X 62.63
  • Parcel Number: W14I008099S002L
  • Zone Conform: Yes
  • Zoning: Multi-Family

Multi Family

  • Number Of Units Total: 12
  • Unit Count: 1
  • Number of Two Bedroom Units: 12

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 20, 2020
Sold by
Detroit Land Bank Authority
Bought by
Freewind Properties Llc
Current Estimated Value
$56,699

Purchase Details

Closed on
Jan 23, 2014
Sold by
Wayne County Treasurer
Bought by
Detroit Landbank Authority
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
Freewind Properties Llc -- None Available
Detroit Landbank Authority -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2021 04/10/21 Sold $15,000 -39.8% $2 / Sq Ft
08/14/2019 08/14/19 Pending -- -- --
09/17/2018 09/17/18 For Sale $24,900 -- $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 $15 $400 $0 $0
2024 $15 $200 $0 $0
2023 $15 $200 $0 $0
2022 $17 $200 $0 $0
2021 $17 $200 $0 $0
2020 $0 $0 $0 $0
2019 $0 $0 $0 $0
2018 $0 $0 $0 $0
2017 $1,385 $0 $0 $0
2016 $340 $0 $0 $0
2015 $1,385 $0 $0 $0
2013 $1,385 $45,792 $0 $0
2010 -- $65,612 $955 $64,657
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 218092710

Realcomp

APN: 14-00-809-90-02L