NOT LISTED FOR SALE

Estimated Value: $94,000 - $250,000

4 Beds
3.5 Baths
2,698 Sq Ft
$64/Sq Ft Est. Value

Last Sold December 14, 2012

Last sale price $8,000 $3 Per Sq Ft

Est. 2,057% increase in value since last sale

Current estimated payment $1,001/month

184 Days on Market

Highlights

  • 1-Story Property
  • Forced Air Heating System
  • 3-minute walk to Zussman Park
  • Cass Technical High School Rated 10
  • Garage

About This Home

As of December 2012

WONDERFUL OPPORTUNITY TO PURCHASE A THREE-UNIT MULTI-FAMILY PROPERTY NEAR RUSSELL WOODS SUB. GREAT FOR AN INVESTOR OR A LARGE FAMILY. ONE THREE-BR UNIT, 1-BR UNIT, THIRD UNIT IS AN EFFICIENCY. NEEDS A LITTLE TLC, BUT HAS GREAT POTENTIAL.

Last Agent to Sell the Property

Marsha Brogdon

KW Metro License #6501340763 Listed on: 05/28/2012

KW Metro

Last Buyer's Agent

Marsha Brogdon

KW Metro License #6501340763 Listed on: 05/28/2012

KW Metro

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 35x116

Parking

  • Garage

Home Design

  • Triplex
  • Brick Exterior Construction

Interior Spaces

  • 2,698 Sq Ft Home
  • 1-Story Property
  • Unfinished Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • 3 Units
  • Sullivans Dexter Blvd No 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number W14I005314S

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Triplex
  • Architecture Level: 1 Story
  • Assessment: YES
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 2698

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Road Frontage Type: Paved

Garage/Parking

  • MF Parking: Garages

Utilities

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

Lot Info

  • List Price per Acre: 166667.0000
  • Lot Size Area: 0.09
  • Lot Dimensions: 35X116
  • Parcel Number: W14I005314S
  • Zone Conform: Yes
  • Zoning: Multi-Family
  • Homestead Percent: 0 Percent

Rental Info

  • Rent Includes: Heat
  • Legal Rental Certified: Yes
  • Monthly Rental Income: 1400

Tax Info

  • Tax Amount Summer: 3095.0000
  • Tax Amount Winter: 302.0000
  • Total Tax: 3397.0000

Multi Family

  • Gross Scheduled Income: 16800.00
  • Number Of Units Total: 3
  • Number of Efficiency Units: 1

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2012
Closed on
Dec 14, 2012
Sold by
The Estate Of Berniece T James
Bought by
James Denise
Seller's Agent
Marsha Brogdon
KW Metro
Buyer's Agent
Marsha Brogdon
KW Metro
List Price
$15,000
Sold Price
$8,000
Premium/Discount to List
-$7,000
-46.67%
Current Estimated Value
$172,588

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,588
Avg. Annual Appreciation
26.93%
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
James Denise $8,000 Progressive Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2012 12/14/12 Sold $8,000 -46.7% $3 / Sq Ft
11/28/2012 11/28/12 Pending -- -- --
05/28/2012 05/28/12 For Sale $15,000 -- $6 / 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 $1,180 $16,300 $0 $0
2024 $1,180 $82,500 $0 $0
2023 $1,144 $67,100 $0 $0
2022 $1,252 $55,200 $0 $0
2021 $251 $0 $0 $0
2020 $1,207 $37,600 $0 $0
2019 $120 $0 $0 $0
2018 $1,115 $27,500 $0 $0
2017 $245 $27,100 $0 $0
2016 $1,246 $55,000 $0 $0
2015 $1,350 $13,500 $0 $0
2013 $1,874 $18,740 $0 $0
2010 -- $40,314 $1,032 $39,282
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 212054378

Realcomp

APN: 14-005314