NOT LISTED FOR SALE

4086 Virginia Park St Detroit, MI 48204

Petoskey-Otsego Neighborhood

Estimated Value: $33,468 - $134,000

6 Beds
2 Baths
3,044 Sq Ft
$28/Sq Ft Est. Value

Last Sold August 03, 2020

Last sale price $23,000 $8 Per Sq Ft

Est. 274% increase in value since last sale

Current estimated payment $574/month

210 Days on Market

Highlights

  • Colonial Architecture
  • Patio
  • Forced Air Heating System
  • Cass Technical High School Rated 10

About This Home

As of August 2020

Terrific opportunity for an true two family all brick with separate entrances, separate mechanicals, basements. this all brick property is within an active market for renewal. the seller is accepting cash however if a high down payment seller may consider a land contract. the subject property has not been trashed out so please be aware when viewing the subject. REMS processing fee of $295.00 due from purchaser. buyer agents please view agent remarks.

Last Agent to Sell the Property

Robert LaBute

Real Estate Management Specialists Inc License #6502139311 Listed on: 12/17/2019

Last Buyer's Agent

Julieta Flores-allen

Brookstone, Realtors LLC License #RCO-6501388792

Brookstone, Realtors LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1922

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 35.00x110.10

Home Design

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

Interior Spaces

  • 2 Full Bathrooms
  • 3,044 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Interior Basement Entry

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating System
  • Liquid Propane Gas Water Heater

Community Details

  • 2 Units
  • Hookers Subdivision

Listing and Financial Details

  • Assessor Parcel Number W14I002786S

Property Details

Home Type

Multi-Family

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1922
  • State Equalized Value: 9800.0000
  • 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: Interior Entry (Interior Access), Unfinished
  • Sq Ft Combined: 3044
  • Total Sq Ft: 3044
  • Sq Ft Total Bsmt: 3044

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Brick/Mortar
  • Frontage Feet: 35
  • Porch Type: Patio
  • Road Frontage Type: Paved

Utilities

  • Heating Fuel: LP Gas/Propane
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 310000.0000
  • Lot Size Area: 0.09
  • Lot Dimensions: 35.00X110.10
  • Parcel Number: W14I002786S
  • Zoning: Residential
  • Percent Homestead Exempt: Yes

Rental Info

  • Monthly Rental Income: 1500

Tax Info

  • Tax Amount Summer: 985.0000
  • Tax Amount Winter: 90.0000
  • Total Tax: 1075.0000
  • Taxable Value: 9495.0000

Multi Family

  • Gross Scheduled Income: 18000.00
  • Number Of Units Total: 2
  • Unit Count: 2
  • Number of Three Bedroom Units: 2

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 17, 2019
Closed on
Jul 27, 2020
Sold by
Rta Holdings Ll
Bought by
Phelps Johnny R
Seller's Agent
Robert LaBute
Real Estate Management Specialists Inc
Buyer's Agent
Julieta Flores-allen
Brookstone, Realtors LLC
List Price
$27,900
Sold Price
$23,000
Premium/Discount to List
-$4,900
-17.56%
Current Estimated Value
$86,117

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,117
Avg. Annual Appreciation
30.08%

Purchase Details

Closed on
Dec 1, 2014
Sold by
Wayne County Treasurer
Bought by
Smith Thomas and Rta Holdings Llc

Purchase Details

Closed on
Nov 22, 2011
Sold by
Wayne County Treasurer
Bought by
Lim Tai Kam
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
Phelps Johnny R $23,000 Regions Title Agency Llc
Smith Thomas $900 None Available
Lim Tai Kam $500 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/03/2020 08/03/20 Sold $23,000 -17.6% $8 / Sq Ft
07/14/2020 07/14/20 Pending -- -- --
12/17/2019 12/17/19 For Sale $27,900 -- $9 / 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
2024 $1,189 $22,400 $0 $0
2023 $1,400 $18,100 $0 $0
2022 $1,487 $16,600 $0 $0
2021 $1,449 $12,700 $0 $0
2020 $1,217 $15,300 $0 $0
2019 $1,112 $11,900 $0 $0
2018 $985 $9,800 $0 $0
2017 $176 $9,300 $0 $0
2016 $1,263 $22,300 $0 $0
2015 $1,152 $16,600 $0 $0
2013 $1,116 $22,991 $0 $0
2010 -- $32,941 $836 $32,105
Source: Public Records

Agents Affiliated with this Home

  • Robert LaBute

    Seller's Agent in 2020

    Robert LaBute

    Real Estate Management Specialists Inc

    (313) 387-1255

    3 in this area

    179 Total Sales

    Section Image
  • Julieta Flores-allen

    Buyer's Agent in 2020

    Julieta Flores-allen

    Brookstone, Realtors LLC

    (248) 906-5002

    1 in this area

    119 Total Sales

    Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 219123137

Realcomp

APN: 14-002786

Michigan Wayne County Detroit 48204 Petoskey-Otsego

4086 Virginia Park St, Detroit, MI

This home is located at 4086 Virginia Park St, Detroit, MI 48204 since 17 December 2019 and is currently estimated at $86,117, approximately $28 per square foot. This property was built in 1922. 4086 Virginia Park 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