NOT LISTED FOR SALE

Estimated Value: $43,000 - $111,609

4 Beds
2 Baths
2,356 Sq Ft
$35/Sq Ft Est. Value

Last Sold July 12, 2023

Last sale price $35,000 $15 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $553/month

25 Days on Market

Highlights

  • Forced Air Heating System
  • Cass Technical High School Rated 10
  • Dogs and Cats Allowed

About This Home

As of July 2023

Attention investors or handy homeowners. Looking for a great deal on an upper and lower unit apartments? Each unit features two bedrooms, one bathroom, a living room, and a kitchen. The property currently has a house sitter and is ready for immediate possession. Contact me to schedule a showing and to get more information about the property. All room sizes are approximate. Being-Sold-As-Is...This is a perfect opportunity to build some long term equity. *BATVAI* A licensed agent to be present at all showing.

Last Agent to Sell the Property

Rhonda Johnson

Real Broker Birmingham License #6501333731 Listed on: 06/10/2023

Real Broker Birmingham

Last Buyer's Agent

Joe Hammel

Keller Williams Somerset License #6501422602

Keller Williams Somerset

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1919

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 40.00 x 130.00

Home Design

  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • 2 Full Bathrooms
  • 2,356 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 W14I001820S

Community Details

Overview

  • 2 Units
  • Seebaldt Sub Subdivision

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Multi-Family

Year Built

Built in 1919

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Assessment: 340.00
  • Year Built: 1919
  • State Equalized Value: 12600.0000
  • Pets Allowed: Cats OK | Dogs OK
  • 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: 2356
  • Total Sq Ft: 2356
  • Sq Ft Total Bsmt: 1023

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Brick/Mortar
  • 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: 416666.6600
  • Lot Size Area: 0.12
  • Lot Dimensions: 40.00 x 130.00
  • Parcel Number: W14I001820S
  • Zoning: Multi-Family
  • Percent Homestead Exempt: Yes

Tax Info

  • Tax Amount Summer: 1009.0000
  • Tax Amount Winter: 91.0000
  • Total Tax: 1100.0000
  • Taxable Value: 9635.0000

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

Listed on
Jun 10, 2023
Closed on
Aug 18, 2023
Sold by
Reed Kyle
Bought by
Reed Family Development Corp
Seller's Agent
Rhonda Johnson
Real Broker Birmingham
Buyer's Agent
Joe Hammel
Keller Williams Somerset
List Price
$50,000
Sold Price
$35,000
Premium/Discount to List
-$15,000
-30%
Views
156
Current Estimated Value
$81,902

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,902
Avg. Annual Appreciation
44.72%
Original Mortgage
$87,791
Interest Rate
7.23%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 10, 2023
Closed on
Jul 24, 2023
Sold by
Campbell Lynval
Bought by
Reed Kyle
Seller's Agent
Rhonda Johnson
Real Broker Birmingham
Buyer's Agent
Joe Hammel
Keller Williams Somerset
List Price
$50,000
Sold Price
$35,000
Premium/Discount to List
-$15,000
-30%
Views
156

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,791
Interest Rate
7.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 15, 2018
Sold by
Alexander Victor
Bought by
Campbell Lynval

Purchase Details

Closed on
Nov 19, 2012
Sold by
Wayne County Treasurer
Bought by
Alexander Victor

Purchase Details

Closed on
Mar 23, 2000
Sold by
Ryan Carl Leonard
Bought by
Weathers Milton
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
Reed Family Development Corp -- Boston National Title
Reed Family Development Corp -- Boston National Title
Reed Kyle $35,000 None Listed On Document
Reed Kyle $35,000 None Listed On Document
Campbell Lynval -- None Available
Alexander Victor $1,000 None Available
Weathers Milton $12,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reed Family Development Corp $87,791
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/12/2023 07/12/23 Sold $35,000 -30.0% $15 / Sq Ft
07/05/2023 07/05/23 Pending -- -- --
06/10/2023 06/10/23 For Sale $50,000 -- $21 / 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 $1,479 $20,800 $0 $0
2024 $1,479 $18,300 $0 $0
2023 $1,119 $14,600 $0 $0
2022 $1,182 $12,600 $0 $0
2021 $1,154 $10,600 $0 $0
2020 $1,154 $9,200 $0 $0
2019 $1,234 $10,100 $0 $0
2018 $1,026 $10,100 $0 $0
2017 $189 $10,300 $0 $0
2016 $1,131 $36,700 $0 $0
2015 $997 $10,400 $0 $0
2013 $966 $14,459 $0 $0
2010 -- $20,716 $656 $20,060
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20230046296

Realcomp

APN: 14-001820