NOT LISTED FOR SALE

Estimated Value: $93,000 - $130,000

6 Beds
2 Baths
2,500 Sq Ft
$41/Sq Ft Est. Value

Last Sold February 13, 2024

Last sale price $85,000 $34 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $671/month

132 Days on Market

Highlights

  • Forced Air Heating System
  • Cass Technical High School Rated 10
  • 1 Car Garage

About This Home

As of February 2024

HUGE DUPLEX in one of Detroit's fastest rebounding neighborhoods.
Each unit is about 1200 square feet. Separate basement and laundry.
Separate utilities. Live in one and rent out the other or rent both out for a nice solid rental property. Many newer updates. This is price to sell. Room sizes estimated. Buyer's agent to verify all information. Rents estimated. Each unit has 3 beds and a full bath. Large living rooms, dining rooms. Thank you for checking out our listing. Newer roof and vinyl windows. Buyer to pay $295 compliance fee to Imagine Home Realty at close.

Last Agent to Sell the Property

Dennis Rutowski

EXP Realty Main License #6501401889 Listed on: 09/22/2023

EXP Realty Main

Co-Listed By

Daniel Nanney

EXP Realty Main License #6501387475

Last Buyer's Agent

E'toile O'Rear-Libbett

License #6502369510

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1926

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 35.00 x 119.00

Parking

  • 1 Car Garage

Home Design

  • Duplex
  • Brick Exterior Construction
  • Brick Foundation
  • Asphalt Roof

Interior Spaces

  • 2 Full Bathrooms
  • 2,500 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number W14I005585S

Community Details

Overview

  • 2 Units
  • Robt Oakmans Livernois & Ford Hwy Sub Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,902

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 2 Story
  • Assessment: 340.00
  • Year Built: 1926
  • State Equalized Value: 20700.0000
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 2500

Exterior Features

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

Garage/Parking

  • Garage: Yes
  • Total Parking Spaces: 1

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Lot Info

  • Lot Size Area: 0.10
  • Lot Dimensions: 35.00 x 119.00
  • Parcel Number: W14I005585S
  • Zoning: Residential

Rental Info

  • Monthly Rental Income: 2400

Tax Info

  • Tax Amount Summer: 1734.0000
  • Tax Amount Winter: 168.0000
  • Total Tax: 1902.0000
  • Taxable Value: 17870.0000

Multi Family

  • Gross Scheduled Income: 28800.00
  • Number Of Units Total: 2

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2023
Closed on
Feb 13, 2024
Sold by
Best Homes Rentals Llc
Bought by
Randall Jamarc
Seller's Agent
Dennis Rutowski
EXP Realty Main
Buyer's Agent
E'toile O'Rear-Libbett
List Price
$92,000
Sold Price
$85,000
Premium/Discount to List
-$7,000
-7.61%
Views
194
Current Estimated Value
$103,005

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,005
Avg. Annual Appreciation
11.82%
Original Mortgage
$80,750
Outstanding Balance
$79,326
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
$23,679

Purchase Details

Closed on
Oct 23, 2019
Sold by
Dj Enterprise Acquisition Llc
Bought by
Best Homes Rentals Llc

Purchase Details

Closed on
Oct 22, 2019
Sold by
Detroit Investments Fund Llc
Bought by
Dj Enterprise Acquisition Llc

Purchase Details

Closed on
Oct 16, 2017
Sold by
Sabree Eric R
Bought by
Detroit Investments Fund Llc

Purchase Details

Listed on
Dec 20, 2013
Closed on
Feb 7, 2014
Sold by
Edwards Charles R and Edwards Patricia
Bought by
Katsaros Enterprises Llc
Seller's Agent
Renee Holman
Greater Detroit Realty LLC
Buyer's Agent
Dennis Myers
World Class Equities LLC
List Price
$13,500
Sold Price
$15,000
Premium/Discount to List
$1,500
11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.84%

Purchase Details

Closed on
Sep 8, 1998
Sold by
Ray Charles and Ray Charles
Bought by
Redwards Charles
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
Randall Jamarc $85,000 None Listed On Document
Randall Jamarc $85,000 None Listed On Document
Best Homes Rentals Llc $26,000 None Available
Dj Enterprise Acquisition Llc $20,000 None Available
Detroit Investments Fund Llc $7,800 None Available
Katsaros Enterprises Llc $15,000 First American Title Ins Co
Redwards Charles $16,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Randall Jamarc $80,750
Closed Randall Jamarc $80,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/13/2024 02/13/24 Sold $85,000 -7.6% $34 / Sq Ft
02/01/2024 02/01/24 Pending -- -- --
01/02/2024 01/02/24 For Sale $92,000 +8.2% $37 / Sq Ft
11/01/2023 11/01/23 Off Market $85,000 -- --
09/22/2023 09/22/23 For Sale $92,000 +513.3% $37 / Sq Ft
02/07/2014 02/07/14 Sold $15,000 +11.1% $6 / Sq Ft View Prior Sale
01/27/2014 01/27/14 Pending -- -- --
12/20/2013 12/20/13 For Sale $13,500 -- $5 / 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 $1,584 $38,100 $0 $0
2024 $1,584 $33,100 $0 $0
2023 $1,784 $26,200 $0 $0
2022 $1,902 $20,700 $0 $0
2021 $1,850 $17,300 $0 $0
2020 $2,074 $19,600 $0 $0
2019 $1,497 $18,300 $0 $0
2018 $1,323 $15,800 $0 $0
2017 $237 $14,800 $0 $0
2016 $1,443 $45,500 $0 $0
2015 $1,310 $13,100 $0 $0
2013 $1,687 $18,139 $0 $0
2010 -- $25,989 $969 $25,020
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20230080576

Realcomp

APN: 14-005585