Seller's Agent in 2025
Robert Kabbani
Keller Williams Legacy
(313) 917-3902
6 in this area
349 Total Sales
4
Beds
3
Baths
2,948
Sq Ft
8,712
Sq Ft Lot
Highlights
- Forced Air Heating and Cooling System
- Laundry Facilities
- Fenced
- Private Entrance
About This Home
As of May 2025EXCEPTIONAL INVESTMENT OPPORTUNITY: SUPER CLEAN, LONG-TERM RENTAL PROPERTIES! THIS PROPERTY FEATURES 3 WELL-MAINTAINED UNITS, ALL CURRENTLY RENTED TO RELIABLE, LONG-TERM TENANTS. LOCATED WITHIN WALKING DISTANCE OF DOWNTOWN WAYNE, THESE UNITS GENERATE AN IMPRESSIVE ANNUAL INCOME OF $30,300, OFFERING EXCELLENT VALUE FOR INVESTORS. ZONED RESIDENTIAL, THIS PROPERTY OFFERS THE FLEXIBILITY TO SECURE EASY FINANCING OR PURCHASE WITH CASH. EACH UNIT IS IN PRISTINE CONDITION, WITH UPDATED MECHANICALS, INCLUDING NEW FURNACE. THESE PROPERTIES ARE A MUST-SEE AND WILL PROVIDE THE NEXT OWNER WITH A LONG-TERM, LOW-MAINTENANCE INCOME STREAM. DON'T MISS OUT ON THIS INCREDIBLE OPPORTUNITY!
Last Agent to Sell the Property
Keller Williams Legacy License #6506045187 Listed on: 04/08/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
Year Built
- Built in 1979 | Remodeled in 2025
Lot Details
- 8,712 Sq Ft Lot
- Lot Dimensions are 66.00 x 134.30
- Private Entrance
- Fenced
Home Design
- Triplex
- Brick Exterior Construction
- Slab Foundation
- Asphalt Roof
Interior Spaces
- 3 Full Bathrooms
- 2,948 Sq Ft Home
- 2-Story Property
- Carbon Monoxide Detectors
Parking
- 6 Parking Spaces
- Lighted Parking
- Paved Parking
Outdoor Features
- Exterior Lighting
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Separate Meters
- Natural Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 55018050150003
- Seller Concessions Offered
Community Details
Overview
- 3 Units
- David Deforest Addition Subdivision
Amenities
- Laundry Facilities
Pet Policy
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 8, 2025
Closed on
May 30, 2025
Sold by
Tourakit Michigan Llc
Bought by
Towner Boulevard Llc
Seller's Agent
Robert Kabbani
Keller Williams Legacy
Buyer's Agent
Amanda Restorick
List Price
$265,000
Sold Price
$265,000
Views
59
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,601
Avg. Annual Appreciation
20.99%
Original Mortgage
$198,750
Outstanding Balance
$198,240
Interest Rate
6.81%
Mortgage Type
Credit Line Revolving
Estimated Equity
$94,361
Purchase Details
Listed on
Jun 1, 2017
Closed on
Oct 27, 2017
Sold by
Parker William J and Parker Gloria C
Bought by
Tourakit Michigan Llc
Seller's Agent
Robert Kabbani
Keller Williams Legacy
Buyer's Agent
Robert Kabbani
Keller Williams Legacy
List Price
$200,000
Sold Price
$180,000
Premium/Discount to List
-$20,000
-10%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.23%
Purchase Details
Closed on
Sep 7, 2001
Sold by
Schopper Gerald D
Bought by
Parker Gloria C
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $265,000 | V1 Title Agency | |
| Warranty Deed | $180,000 | Venture Title | |
| Deed | $130,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $198,750 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/30/2025 05/30/25 | Sold | $265,000 | 0.0% | $90 / Sq Ft | |
| 04/18/2025 04/18/25 | Pending | -- | -- | -- | |
| 04/08/2025 04/08/25 | For Sale | $265,000 | +47.2% | $90 / Sq Ft | |
| 10/27/2017 10/27/17 | Sold | $180,000 | 0.0% | $61 / Sq Ft | View Prior Sale |
| 08/08/2017 08/08/17 | Off Market | $180,000 | -- | -- | |
| 08/02/2017 08/02/17 | Pending | -- | -- | -- | |
| 06/01/2017 06/01/17 | For Sale | $200,000 | -- | $68 / Sq Ft |
Source: Realcomp
Tax History Compared to Growth
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 | $4,242 | $118,600 | $0 | $0 |
| 2024 | $4,242 | $110,000 | $0 | $0 |
| 2023 | $4,046 | $96,300 | $0 | $0 |
| 2022 | $4,462 | $86,400 | $0 | $0 |
| 2021 | $4,360 | $82,100 | $0 | $0 |
| 2020 | $8,102 | $77,300 | $0 | $0 |
| 2019 | $3,673 | $73,200 | $0 | $0 |
| 2018 | $3,497 | $55,100 | $0 | $0 |
| 2017 | $976 | $52,900 | $0 | $0 |
| 2016 | $3,608 | $49,800 | $0 | $0 |
| 2015 | $4,700 | $47,000 | $0 | $0 |
| 2013 | -- | $49,700 | $0 | $0 |
| 2012 | -- | $52,400 | $10,900 | $41,500 |
Source: Public Records
Agents Affiliated with this Home
-
Robert Kabbani
-
Amanda Restorick
Buyer's Agent in 2025
Amanda Restorick
(734) 945-2983
1 in this area
4 Total Sales
Map
Source: Realcomp
MLS Number: 20250022382
APN: 55-018-05-0150-003
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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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