NOT LISTED FOR SALE

4159 Gray St Detroit, MI 48215

Fox Creek Neighborhood

Estimated Value: $92,833 - $102,000

6 Beds
2 Baths
2,500 Sq Ft
$39/Sq Ft Est. Value

Last Sold February 05, 2018

Last sale price $31,000 $12 Per Sq Ft

Est. 218% increase in value since last sale

Current estimated payment $626/month

10 Days on Market

Highlights

  • Forced Air Heating System
  • Ceiling Fan
  • Fenced
  • Cass Technical High School Rated 10
  • Garage

About This Home

As of February 2018

Wow! Deals like this NEVER last long. This 2 family flat is the perfect investment property for any beginner or seasoned vet. Located in a popular developing area, both units are currently occupied with long term tenants and bring in almost $1K per month in Gross Income! Features include a large fenced yard with beautiful landscaping, 2 car garage & much much more. Simply close the deal & let your money work for you. Every investors dream. Contact your realtor today for more information or to schedule a viewing. Buyer to pay $395 transaction fee at closing.

Last Agent to Sell the Property

Shawn Green

Smart Realty & Investments Inc License #6501351175 Listed on: 01/02/2018

Last Buyer's Agent

Tim Gilson

Good Company License #6501301644

Good Company

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 35.00x122.00
  • Fenced

Home Design

  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 2 Full Bathrooms
  • 2,500 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Parking

  • Garage
  • On-Street Parking

Outdoor Features

  • Exterior Lighting

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units
  • Daniel J Campaus Subdivision

Listing and Financial Details

  • Assessor Parcel Number W21I048683S

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Common, Partially Finished
  • Total Sq Ft: 2500

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: Fenced, Lighting
  • Foundation Materials: Block
  • Road Frontage Type: Pub. Sidewalk

Garage/Parking

  • MF Parking: Garages, On Street

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s)
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Lot Info

  • List Price per Acre: 300000.0000
  • Lot Size Area: 0.10
  • Lot Dimensions: 35.00X122.00
  • Parcel Number: W21I048683S
  • Zoning: Residential

Rental Info

  • Monthly Rental Income: 950

Tax Info

  • Tax Amount Summer: 1138.0000
  • Tax Amount Winter: 118.0000
  • Total Tax: 1256.0000

Multi Family

  • Gross Scheduled Income: 11400.00
  • Number Of Units Total: 2

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2018
Closed on
Jan 25, 2018
Sold by
Hv Group Llc
Bought by
Scott Sandra
Seller's Agent
Shawn Green
Smart Realty & Investments Inc
Buyer's Agent
Tim Gilson
Good Company
List Price
$30,000
Sold Price
$31,000
Premium/Discount to List
$1,000
3.33%
Current Estimated Value
$98,708

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,708
Avg. Annual Appreciation
16.16%

Purchase Details

Closed on
Jun 10, 2017
Sold by
Reyes Haro Jesus and Reyes Velascio
Bought by
Hv Group Llc

Purchase Details

Listed on
Jan 11, 2016
Closed on
Dec 1, 2016
Sold by
Lunn Dana
Bought by
Haro Jesus
Seller's Agent
Charles Brinker
Premier Realty Professionals, Inc
Buyer's Agent
Darla Miller
HILLSDALE CTY BRD. OF REALTORS
List Price
$26,000
Sold Price
$24,000
Premium/Discount to List
-$2,000
-7.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.20%

Purchase Details

Listed on
Sep 9, 2015
Closed on
Nov 18, 2015
Sold by
Beconed Llc
Bought by
Lunn Dana
Seller's Agent
Charles Brinker
Premier Realty Professionals, Inc
Buyer's Agent
Darla Miller
HILLSDALE CTY BRD. OF REALTORS
List Price
$18,000
Sold Price
$12,000
Premium/Discount to List
-$6,000
-33.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
104.33%

Purchase Details

Closed on
Aug 21, 2015
Sold by
Day James A
Bought by
Beconed Llc

Purchase Details

Closed on
Aug 6, 2015
Sold by
Day James A and Day Lorriene
Bought by
Federal Home Loan Mortgage Corporation
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
Scott Sandra $31,000 None Available
Hv Group Llc -- None Available
Haro Jesus $24,000 Complete Title Services
Lunn Dana $12,000 Fatic
Beconed Llc -- None Available
Federal Home Loan Mortgage Corporation $3,600 Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/05/2018 02/05/18 Sold $31,000 +3.3% $12 / Sq Ft
01/12/2018 01/12/18 Pending -- -- --
01/02/2018 01/02/18 For Sale $30,000 +25.0% $12 / Sq Ft
12/01/2016 12/01/16 Sold $24,000 -7.7% $10 / Sq Ft View Prior Sale
11/14/2016 11/14/16 Pending -- -- --
01/11/2016 01/11/16 For Sale $26,000 +116.7% $10 / Sq Ft
12/14/2015 12/14/15 Sold $12,000 -33.3% $5 / Sq Ft View Prior Sale
12/14/2015 12/14/15 Pending -- -- --
09/09/2015 09/09/15 For Sale $18,000 -- $7 / 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 $1,274 $32,200 $0 $0
2024 $1,274 $27,500 $0 $0
2023 $1,746 $22,700 $0 $0
2022 $1,861 $20,200 $0 $0
2021 $1,810 $17,600 $0 $0
2020 $1,810 $17,600 $0 $0
2019 $1,782 $16,300 $0 $0
2018 $1,157 $18,400 $0 $0
2017 $197 $18,800 $0 $0
2016 $1,256 $10,800 $0 $0
2015 $1,080 $10,800 $0 $0
2013 $1,089 $12,632 $0 $0
2010 -- $18,520 $595 $17,925
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2018

    Shawn Green

    Smart Realty & Investments Inc

    (313) 215-1536

    8 Total Sales

    Shawn Green
    Section Image
  • Tim Gilson

    Buyer's Agent in 2018

    Tim Gilson

    Good Company

    (248) 385-8005

    409 Total Sales

    Tim Gilson
    Section Image

  • C

    Seller's Agent in 2016

    Charles Brinker

    Premier Realty Professionals, Inc

    (313) 640-0100

    20 Total Sales

    Charles Brinker
    Section Image

  • D

    Buyer's Agent in 2016

    Darla Miller

    HILLSDALE CTY BRD. OF REALTORS

See All Agents

Map

Source: Realcomp

MLS Number: 218000438

Realcomp

APN: 21-048683

Michigan Wayne County Detroit 48215 Fox Creek

4159 Gray St, Detroit, MI

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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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