NOT LISTED FOR SALE

427 W Grand Blvd Detroit, MI 48216

Southwest Detroit Neighborhood

Estimated Value: $169,000 - $282,000

6 Beds
4 Baths
4,208 Sq Ft
$52/Sq Ft Est. Value

Last Sold July 22, 2016

Last sale price $65,000 $15 Per Sq Ft

Est. 232% increase in value since last sale

Current estimated payment $1,313/month

23 Days on Market

Highlights

  • Porch
  • Cass Technical High School Rated 10
  • Forced Air Heating System

About This Home

As of July 2016

GREAT INVESTMENT OPPORTUNITY LOCATED IN THE HEART OF MEXICAN TOWN AND CLOSE TO CORKTOWN DETROIT. THIS 1910 BUILDING HAS ALL OF THE EXTERIOR CHARACTERISTIC OF IT'S TIME. A MULTI UNIT FEATURING 4 UNITS. 2-2 BEDROOM UNITS AND 2-1 BEDROOM UNIT. IT IS SET UP FOR ALL THE UNIT TO HAVE IT'S OWN FURNACE AND HOT WATER TANK. PROPERTY IS BEING SOLD AS IS.

Last Agent to Sell the Property

Luis Rodriguez

RE/MAX Leading Edge License #6501326742 Listed on: 04/09/2016

RE/MAX Leading Edge

Last Buyer's Agent

Luis Roberto Rodríguez

RE/MAX Leading Edge License #RCO-6501326742

RE/MAX Leading Edge

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1910

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 45x135

Parking

  • On-Street Parking

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Brick Foundation
  • Asphalt Roof
  • Stone Siding

Interior Spaces

  • 4 Full Bathrooms
  • 4,208 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Porch

Utilities

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

Community Details

  • 4 Units
  • Plat Of B Hubbards Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number W14I008323S

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$917

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Quadruplex
  • Architecture Level: 2 Story
  • Assessment: UNKNOWN
  • Year Built: 1910
  • Year Renovated: 1910
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement: Yes
  • Basement Type: Common
  • Sq Ft Combined: 4208
  • Total Sq Ft: 4208
  • Sq Ft Total Bsmt: 2072

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick, Stone
  • Foundation Materials: Brick/Mortar
  • Frontage Feet: 45
  • Porch Type: Porch
  • Road Frontage Type: Paved

Garage/Parking

  • MF Parking: On Street

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Sewer at Street, Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal), Water at Street
  • Laundry Facilities: No

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 707142.8571
  • Lot Size Area: 0.14
  • Lot Dimensions: 45X135
  • Parcel Number: W14I008323S
  • Zoning: Multi-Family

Rental Info

  • Monthly Rental Income: 600

Tax Info

  • Tax Amount Summer: 851.0000
  • Tax Amount Winter: 66.0000
  • Total Tax: 917.0000

Multi Family

  • Gross Scheduled Income: 28000.00
  • Number Of Units Total: 4
  • Number of One Bedroom Units: 2
  • Number of Two Bedroom Units: 2

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2016
Closed on
Jul 22, 2016
Sold by
Clark Philip
Bought by
427 West Grand Hope Project Llc
Seller's Agent
Luis Rodriguez
RE/MAX Leading Edge
Buyer's Agent
Luis Rodriguez
RE/MAX Leading Edge
List Price
$99,000
Sold Price
$65,000
Premium/Discount to List
-$34,000
-34.34%
Current Estimated Value
$215,695

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,695
Avg. Annual Appreciation
14.09%
Source: Public Records

Range of Values:

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Average Value
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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
427 West Grand Hope Project Llc $65,000 Title One Inc
Clark Philip -- Title One Inc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2016 07/22/16 Sold $65,000 -34.3% $15 / Sq Ft
05/02/2016 05/02/16 Pending -- -- --
04/09/2016 04/09/16 For Sale $99,000 -- $24 / 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 $1,594 $74,200 $0 $0
2024 $1,594 $61,400 $0 $0
2023 $1,548 $47,700 $0 $0
2022 $1,654 $36,600 $0 $0
2021 $1,607 $27,400 $0 $0
2020 $1,607 $25,800 $0 $0
2019 $1,581 $18,600 $0 $0
2018 $1,480 $15,900 $0 $0
2017 $275 $14,500 $0 $0
2016 $892 $46,800 $0 $0
2015 $650 $6,500 $0 $0
2013 $723 $7,232 $0 $0
2010 -- $10,362 $951 $9,411
Source: Public Records

Agents Affiliated with this Home

  • Luis Rodriguez

    Seller's Agent in 2016

    Luis Rodriguez

    RE/MAX

    (313) 282-8938

    5 in this area

    98 Total Sales

    Section Image
  • Luis Roberto Rodríguez

    Buyer's Agent in 2016

    Luis Roberto Rodríguez

    RE/MAX Leading Edge

    (313) 282-8938

    4 in this area

    52 Total Sales

    Section Image
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Map

Source: Realcomp

MLS Number: 216033697

Realcomp

APN: 14-008323

Michigan Wayne County Detroit 48216 Southwest Detroit

427 W Grand Blvd, Detroit, MI

This home is located at 427 W Grand Blvd, Detroit, MI 48216 since 09 April 2016 and is currently estimated at $219,838, approximately $52 per square foot. This property was built in 1910. 427 W Grand Blvd is a home located in Wayne County with nearby schools including Charles L. Spain Elementary-Middle School, Edward 'Duke' Ellington Conservatory of Music and Art, and Western International High School.

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

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