NOT LISTED FOR SALE

Estimated Value: $58,014 - $115,000

6 Beds
2 Baths
2,600 Sq Ft
$32/Sq Ft Est. Value

Last Sold May 18, 2022

Last sale price $50,000 $19 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $644/month

1 Day on Market

Highlights

  • Covered patio or porch
  • Balcony
  • Forced Air Heating System
  • Cass Technical High School Rated 10
  • Awning
  • Ceiling Fan

About This Home

As of May 2022

Clean 6-bedroom 2-bathroom multifamily property, currently vacant. This property features 3 bedrooms 1 bathroom in each unit. This property needs cosmetic updates to be easily rented! Also features a basement with common access. Each unit features a large living room and also dining room. Front porches with coverings for both the first floor and second floor tenants. Also, each tenant does have their own separate entrance. This property does have a one and a half car detached garage. The vacant lot next to the property may also be included in the sale and is negotiable!

Last Agent to Sell the Property

Jalen James

Front Page Properties License #6501415157 Listed on: 05/04/2022

Last Buyer's Agent

Jalen James

Front Page Properties License #6501415157 Listed on: 05/04/2022

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1926

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 35.00x109.00

Parking

  • Garage

Home Design

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

Interior Spaces

  • 2 Full Bathrooms
  • 2,600 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Awning
  • Unfinished Basement

Outdoor Features

  • Balcony
  • Covered patio or porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number W14I005689S

Community Details

Overview

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

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 2 Story
  • Year Built: 1926
  • State Equalized Value: 19200.0000
  • 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
  • Sq Ft Combined: 2600
  • Total Sq Ft: 2600
  • Sq Ft Total Bsmt: 1300

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: Awning/Overhang(s)
  • Foundation Materials: Block, Brick/Mortar
  • Porch Type: Balcony, Porch - Covered, Porch
  • Road Frontage Type: Paved

Garage/Parking

  • MF Parking: Garages

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s)
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary), Sewer at Street
  • Water Source: Public (Municipal), Water at Street

Schools

  • School District: Detroit

Lot Info

  • Lot Size Area: 0.09
  • Lot Dimensions: 35.00X109.00
  • Parcel Number: W14I005689S
  • Zoning: Multi-Family

Rental Info

  • Monthly Rental Income: 2000

Tax Info

  • Tax Amount Summer: 1251.0000
  • Tax Amount Winter: 142.0000
  • Total Tax: 1393.0000
  • Taxable Value: 14985.0000

Multi Family

  • Gross Scheduled Income: 24000.00
  • 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

Closed on
Apr 20, 2023
Sold by
M & F Housing Llc
Bought by
F A Investment And Management Llc
Current Estimated Value
$82,728

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Outstanding Balance
$235,116
Interest Rate
6.42%
Mortgage Type
New Conventional
Estimated Equity
-$148,910

Purchase Details

Listed on
May 4, 2022
Closed on
May 18, 2022
Sold by
Nicholas Miller Andre
Bought by
M & F Housing Llc
Seller's Agent
Jalen James
Front Page Properties
Buyer's Agent
Jalen James
Front Page Properties
List Price
$58,000
Sold Price
$50,000
Premium/Discount to List
-$8,000
-13.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.37%

Purchase Details

Closed on
Jan 3, 2022
Sold by
Colquitt H
Bought by
Miller Andre Nicholas
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
F A Investment And Management Llc -- Apollo Title Agency
M & F Housing Llc $50,000 None Listed On Document
Miller Andre Nicholas $1,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open F A Investment And Management Llc $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2022 05/18/22 Sold $50,000 -13.8% $19 / Sq Ft
05/06/2022 05/06/22 Pending -- -- --
05/04/2022 05/04/22 For Sale $58,000 -- $22 / 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 $2,247 $32,000 $0 $0
2024 $2,247 $28,500 $0 $0
2023 $2,318 $25,700 $0 $0
2022 $1,893 $23,200 $0 $0
2021 $1,648 $19,200 $0 $0
2020 $1,648 $21,700 $0 $0
2019 $1,492 $20,300 $0 $0
2018 $1,302 $17,400 $0 $0
2017 $263 $16,200 $0 $0
2016 $1,438 $50,200 $0 $0
2015 $1,371 $22,700 $0 $0
2013 $1,328 $31,501 $0 $0
2010 -- $27,109 $937 $26,172
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2220032907

Realcomp

APN: 14-005689