NOT LISTED FOR SALE

4307 Venoy Rd Wayne, MI 48184

Estimated Value: $113,000 - $145,000

6 Beds
2 Baths
1,972 Sq Ft
$66/Sq Ft Est. Value

Last Sold December 08, 2022

Last sale price $138,750 $70 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $897/month

35 Days on Market

Highlights

  • Porch
  • Forced Air Heating and Cooling System
  • Private Entrance
  • 1-Story Property

About This Home

As of December 2022

DUPLEX BUILDING, 2 UNITS. This listing is a modern ranch style, side by side two unit duplex. Each unit has 986 sf, separate entrance, concrete driveway, front & back yard, address, utility meters and municipal ID. This listing includes parcel ID's 55022010003001 & 4001. Upside potential with month to month leases in place, good rental history. Two separate additional Model Match duplex buildings will also be offered at a lated date. Ford Assembly, Downtown Wayne, public transportation and schools are all nearby. All units occupied, do not disturb tenants. Access subject to proof of funds & tenants rights. Axial Group LLC 6505296281.

Last Agent to Sell the Property

Guntars Grivins

Real Estate One-Southgate License #1201001354 Listed on: 08/19/2022

Real Estate One-Southgate

Last Buyer's Agent

Guntars Grivins

Real Estate One-Southgate License #1201001354 Listed on: 08/19/2022

Real Estate One-Southgate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1972

Lot Details

  • Lot Dimensions are 60 x 111
  • Private Entrance

Home Design

  • Duplex
  • Brick Exterior Construction
  • Slab Foundation
  • Poured Concrete
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2 Full Bathrooms
  • 1,972 Sq Ft Home
  • 1-Story Property

Parking

  • 2 Parking Spaces
  • Paved Parking

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Separate Water Meter
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 55022010004001

Community Details

Overview

  • 2 Units
  • Detroit Wayne Annex Sub No 1 Subdivision

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,466

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 1 Story
  • Assessment: 64.00
  • Year Built: 1972
  • State Equalized Value: 31000.0000
  • Pets Allowed: Call
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Total Sq Ft: 1972

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Slab
  • Construction Materials: Brick, Vinyl
  • Exterior Features: Private Entry
  • Foundation Materials: Poured
  • Porch Type: Porch
  • Road Frontage Type: Paved
  • Sideof Street: E

Garage/Parking

  • MF Parking: Paved
  • Total Parking Spaces: 2

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Separate Meters
  • Water Heater Fuel: Natural Gas, Separate Meters
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Lot Info

  • Lot Dimensions: 60 X 111
  • Parcel Number: 55022010004001
  • Soil Type: Unknown
  • Zoning: Multi-Family

Rental Info

  • Monthly Rental Income: 1400

Tax Info

  • Tax Amount Summer: 1248.0000
  • Tax Amount Winter: 218.0000
  • Total Tax: 1466.0000
  • Taxable Value: 19324.0000

Multi Family

  • Gross Scheduled Income: 16800.00
  • Number Of Units Total: 2

MLS Schools

  • School District: Wayne-Westland

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2022
Closed on
Dec 9, 2022
Sold by
Kaplan-Rubin Nancy L
Bought by
Venoy Housing Llc
Seller's Agent
Guntars Grivins
Real Estate One-Southgate
Buyer's Agent
Guntars Grivins
Guntars Grivins
List Price
$159,900
Sold Price
$138,750
Premium/Discount to List
-$21,150
-13.23%
Views
30
Current Estimated Value
$130,346

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,404
Avg. Annual Appreciation
-2.03%
Original Mortgage
$150,000
Outstanding Balance
$145,211
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
-$14,865

Purchase Details

Closed on
Aug 3, 2022
Sold by
Irving N Rubin Living Trust
Bought by
Kaplan-Rubin Nancy L

Purchase Details

Closed on
Sep 21, 1993
Sold by
Rubin Irving N and Kalpin Rubin Nancy L
Bought by
Irvingv N Rubin Living Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Venoy Housing Llc $277,500 First American Title
Venoy Housing Llc $277,500 First American Title
Kaplan-Rubin Nancy L -- --
Irvingv N Rubin Living Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Venoy Housing Llc $150,000
Closed Venoy Housing Llc $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/08/2022 12/08/22 Sold $138,750 -13.2% $70 / Sq Ft
09/23/2022 09/23/22 Pending -- -- --
08/19/2022 08/19/22 For Sale $159,900 -- $81 / 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 $2,563 $47,900 $0 $0
2024 $2,475 $45,000 $0 $0
2023 $2,361 $36,900 $0 $0
2022 $1,500 $32,800 $0 $0
2021 $1,466 $31,000 $0 $0
2020 $1,703 $28,400 $0 $0
2019 $1,218 $26,800 $0 $0
2018 $1,159 $20,600 $0 $0
2017 $402 $20,300 $0 $0
2016 $1,380 $19,200 $0 $0
2015 $1,768 $18,600 $0 $0
2013 $1,840 $19,200 $0 $0
2012 -- $20,300 $4,700 $15,600
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 20221032183

Realcomp

APN: 55-022-01-0004-001