NOT LISTED FOR SALE

4046 Gladstone St Detroit, MI 48204

Petoskey-Otsego Neighborhood

Estimated Value: $34,275 - $110,000

4 Beds
2 Baths
2,644 Sq Ft
$29/Sq Ft Est. Value

Last Sold December 20, 2014

Last sale price $17,500 $7 Per Sq Ft

Est. 350% increase in value since last sale

Current estimated payment $521/month

70 Days on Market

Highlights

  • Forced Air Heating System
  • Garage
  • 3-minute walk to McShane Playground
  • Cass Technical High School Rated 10

About This Home

As of December 2014

GREAT INCOME PROPERTY OPPORTUNITY. PROPERTY IS CASH FLOWING WITH TENANTS IN BOTH UNITS OF THIS NICE MULTI-FAMILY UNIT. 2 BEDROOMS, LIVING ROOM, DINING ROOM, KITCHEN IN EACH UNIT. SEPARATE UTILITIES, SOLD AS IS. BUYER RESPONSIBLE FOR CITY OF DETROIT INSPECTION AND AFFIDAVIT OF COMPLIANCE.

Last Agent to Sell the Property

Verzell Page

Front Page Properties License #6502391774 Listed on: 10/10/2014

Last Buyer's Agent

Verzell Page

Temporary Inactive Users License #RCO-6501345524

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1919

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 35.00x100.00

Parking

  • Garage

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 2 Full Bathrooms
  • 2,644 Sq Ft Home
  • 2-Story Property
  • Basement

Utilities

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

Community Details

  • 2 Units
  • Coonleys Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number W14I003184S

Property Details

Home Type

Multi-Family

Year Built

Built in 1919

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Assessment: 340
  • Year Built: 1919
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Sq Ft Combined: 2644
  • Total Sq Ft: 2644
  • Sq Ft Total Bsmt: 1200

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block
  • Frontage Feet: 35
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • Garage: Yes

Utilities

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

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 250000.0000
  • Lot Size Area: 0.08
  • Lot Dimensions: 35.00X100.00
  • Parcel Number: W14I003184S
  • Zoning: Residential

Rental Info

  • Monthly Rental Income: 1010

Tax Info

  • Tax Amount Summer: 1440.0000
  • Tax Amount Winter: 1806.0000
  • Total Tax: 3246.0000

Multi Family

  • Gross Scheduled Income: 12120.00
  • 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
Nov 16, 2017
Sold by
Sabree Eric R
Bought by
Rickey J Jackso0n
Current Estimated Value
$78,755

Purchase Details

Listed on
Oct 10, 2014
Closed on
Dec 15, 2014
Sold by
Alston Investment Group Llc
Bought by
Ahmed Taj Eldin Mohamed Elhassan Osman
Seller's Agent
Verzell Page
Front Page Properties
Buyer's Agent
Verzell Page
Temporary Inactive Users
List Price
$20,000
Sold Price
$17,500
Premium/Discount to List
-$2,500
-12.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.81%

Purchase Details

Closed on
Jan 28, 2014
Sold by
Wayne County Treasurer
Bought by
Alston Investment Group Llc

Purchase Details

Closed on
May 16, 2008
Sold by
Fannie Mae
Bought by
Alston Investment Group

Purchase Details

Closed on
Jun 14, 2007
Sold by
Lichtle Robert C and Lichtle Brenda J
Bought by
The Federal National Mortgage Assn
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Rickey J Jackso0n $3,900 None Available
Ahmed Taj Eldin Mohamed Elhassan Osman $19,250 Title Connect Llc
Alston Investment Group Llc $1,100 None Available
The Federal National Mortgage Assn $67,009 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lichtle Robert C $50,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2014 12/20/14 Sold $17,500 -12.5% $7 / Sq Ft
12/19/2014 12/19/14 Pending -- -- --
10/10/2014 10/10/14 For Sale $20,000 -- $8 / 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 $1,073 $34,000 $0 $0
2024 $1,073 $28,000 $0 $0
2023 $1,287 $22,700 $0 $0
2022 $1,364 $18,700 $0 $0
2021 $1,330 $14,300 $0 $0
2020 $1,330 $17,300 $0 $0
2019 $1,311 $13,400 $0 $0
2018 $1,165 $11,000 $0 $0
2017 $199 $10,500 $0 $0
2016 $1,292 $25,200 $0 $0
2015 $1,130 $11,300 $0 $0
2013 $1,563 $15,630 $0 $0
2010 -- $22,396 $727 $21,669
Source: Public Records

Agents Affiliated with this Home

  • Verzell Page

    Seller's Agent in 2014

    Verzell Page

    Front Page Properties

    (313) 415-4022

    30 Total Sales

    Section Image

  • V

    Buyer's Agent in 2014

    Verzell and Kim Page

    Temporary Inactive Users

    Section Image
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Map

Source: Realcomp

MLS Number: 214106462

Realcomp

APN: 14-003184

Michigan Wayne County Detroit 48204 Petoskey-Otsego

4046 Gladstone St, Detroit, MI

This home is located at 4046 Gladstone St, Detroit, MI 48204 since 10 October 2014 and is currently estimated at $77,819, approximately $29 per square foot. This property was built in 1919. 4046 Gladstone 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.

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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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