NOT LISTED FOR SALE

Estimated Value: $77,000 - $105,000

4 Beds
2 Baths
2,460 Sq Ft
$37/Sq Ft Est. Value

Last Sold February 19, 2021

Last sale price $3,000 $1 Per Sq Ft

Est. 2,918% increase in value since last sale

Current estimated payment $554/month

341 Days on Market

Highlights

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

About This Home

As of February 2021

Property sold as a bundle of 4 with 4267 Elmhurst, 4274 Elmhurst,and 4233 Elmhusrt=Totaling $12,000. Not sold separately. Please note that the Detroit Land Bank Authority is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatement that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatement on the purchase and development financing. BATVAI. Please see attached documents for DLBA guidelines.

Last Agent to Sell the Property

Leonard Pickett

RCH Brokerage Legacy Inc License #6501306589 Listed on: 02/19/2020

Co-Listed By

Clarence Wilson

RCH Brokerage Legacy Inc License #6501327151

Last Buyer's Agent

Miranda Morrow

National Realty Centers, Inc License #6501339131

National Realty Centers, Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $907

Year Built

  • Built in 1924

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 35.00x101.00

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 2 Full Bathrooms
  • 2,460 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units
  • Stacks Lovett Ave Subdivision

Listing and Financial Details

  • Assessor Parcel Number W14I004196S

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$907

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Colonial, Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Year Built: 1924
  • State Equalized Value: 12000.0000
  • 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: Unfinished
  • Sq Ft Combined: 2460
  • Total Sq Ft: 2460
  • Sq Ft Total Bsmt: 1230

Exterior Features

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

Utilities

  • Heating Fuel: Natural Gas
  • 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: 37500.0000
  • Lot Size Area: 0.08
  • Lot Dimensions: 35.00X101.00
  • Parcel Number: W14I004196S
  • Zoning: Residential

Multi Family

  • Number Of Units Total: 2
  • Number of Two Bedroom Units: 2

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 4, 2023
Sold by
F A Investment And Management Llc
Bought by
Profeetus Investment Fund Ii Llc
Current Estimated Value
$90,530

Purchase Details

Closed on
May 6, 2022
Sold by
M & F Housing Llc
Bought by
F A Investment And Management Llc

Purchase Details

Closed on
Dec 15, 2021
Sold by
Charles Noonan
Bought by
M & F Housing Llc

Purchase Details

Listed on
Feb 19, 2020
Closed on
Feb 18, 2021
Sold by
Detroit Land Bank Authority
Bought by
Noonam Charles
Seller's Agent
Leonard Pickett
RCH Brokerage Legacy Inc
Buyer's Agent
Miranda Morrow
National Realty Centers, Inc
List Price
$6,000
Sold Price
$3,000
Premium/Discount to List
-$3,000
-50%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
110.00%

Purchase Details

Closed on
Jan 13, 2016
Sold by
Wayne County Treasurer
Bought by
Detroit Land Bank Authority

Purchase Details

Closed on
Aug 28, 2002
Sold by
Cates Latina
Bought by
Johnson Robert K
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
Profeetus Investment Fund Ii Llc $68,000 Boston National Title
F A Investment And Management Llc -- --
M & F Housing Llc $60,000 None Listed On Document
Noonam Charles $12,000 None Available
Detroit Land Bank Authority -- None Available
Johnson Robert K $40,000 Professional Real Estate Tit
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/19/2021 02/19/21 Sold $3,000 0.0% $1 / Sq Ft
01/25/2021 01/25/21 Pending -- -- --
09/21/2020 09/21/20 Price Changed $3,000 -50.0% $1 / Sq Ft
02/19/2020 02/19/20 For Sale $6,000 -- $2 / 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 $907 $27,200 $0 $0
2024 $907 $22,700 $0 $0
2023 $1,125 $0 $0 $0
2022 $0 $0 $0 $0
2021 $0 $0 $0 $0
2020 $0 $0 $0 $0
2019 $0 $0 $0 $0
2018 $0 $0 $0 $0
2017 $1,200 $0 $0 $0
2016 $340 $0 $0 $0
2015 $1,200 $12,000 $0 $0
2013 $1,661 $16,608 $0 $0
2010 -- $23,797 $549 $23,248
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2200013668

Realcomp

APN: 14-004196