NOT LISTED FOR SALE

Estimated Value: $92,000 - $151,219

6 Beds
2 Baths
2,350 Sq Ft
$47/Sq Ft Est. Value

Last Sold February 14, 2014

Last sale price $6,000 $3 Per Sq Ft

Est. 1,759% increase in value since last sale

Current estimated payment $660/month

25 Days on Market

Highlights

  • Covered Patio or Porch
  • Balcony
  • Garage
  • Cass Technical High School Rated 10
  • Forced Air Heating System

About This Home

As of February 2014

LOVELY BRICK MULTI-FAMILY LOCATED IN THE STORMFELTZ-LOVELY SUB NEAR MAJOR ROADS, SHOPPING AND RESTAURANTS. THIS PROPERTY OFFERS 2 UNITS EACH WITH 3 BEDROOMS, 1 BATH, LIVING ROOM W/FIREPLACE, DINING ROOM, KITCHEN AND UNFINISHED BASEMENT. ALL INFO IS APPROX. PLEASE CONTACT LISTING OFFICE TO VERIFY. THIS IS A FANNIE MAE HOMEPATH PROPERTY. ALL OFFERS TO BE SUBMITTED ON THE HOMEPATH SITE WITH OFFER GUIDELINES.

Last Agent to Sell the Property

Hussein Farhat

RE/MAX Team 2000 License #6501300497 Listed on: 12/27/2013

RE/MAX Team 2000

Last Buyer's Agent

Pamela Easley

First Millennium Real Estate License #RCO-6501233965

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1916

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 35.00x108.88

Parking

  • Garage

Home Design

  • Duplex
  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 2 Full Bathrooms
  • 2,350 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Utilities

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

Community Details

  • 2 Units
  • Stormfeltz Lovely Co Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number W14I002832S

Property Details

Home Type

Multi-Family

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 2 Story
  • Assessment: 340
  • Year Built: 1916
  • 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: 2350
  • Total Sq Ft: 2350
  • Sq Ft Total Bsmt: 1175

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Porch Type: Balcony, Porch - Covered
  • Road Frontage Type: Paved

Garage/Parking

  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Sewer at Street
  • Water Source: Water at Street
  • Laundry Facilities: No

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 55555.5556
  • Lot Size Area: 0.09
  • Lot Dimensions: 35.00X108.88
  • Parcel Number: W14I002832S
  • Zoning: Multi-Family
  • Percent Homestead Exempt: Yes

Rental Info

  • Legal Rental Certified: Yes

Tax Info

  • Tax Amount Summer: 1073.0000
  • Tax Amount Winter: 86.0000
  • Total Tax: 1159.0000

Multi Family

  • Number Of Units Total: 2
  • Number of Three Bedroom Units: 2

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 27, 2013
Closed on
Feb 14, 2014
Sold by
Fannie Mae
Bought by
Brown Oliver and Brown Cynthia Grant
Seller's Agent
Hussein Farhat
RE/MAX Team 2000
Buyer's Agent
Pamela Easley
First Millennium Real Estate
List Price
$5,000
Sold Price
$6,000
Premium/Discount to List
$1,000
20%
Current Estimated Value
$111,555

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,555
Avg. Annual Appreciation
29.16%

Purchase Details

Closed on
Oct 16, 2013
Sold by
Green Tree Servicing Llc
Bought by
Fannie Mae and Federal National Mortgage Association

Purchase Details

Closed on
Oct 10, 2013
Sold by
Martin Robert
Bought by
Green Tree Servicing Llc
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
Brown Oliver $6,000 None Available
Fannie Mae -- None Available
Green Tree Servicing Llc $60,201 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Martin Robert $58,000
Previous Owner Martin Robert $54,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2014 02/14/14 Sold $6,000 +20.0% $3 / Sq Ft
01/21/2014 01/21/14 Pending -- -- --
12/27/2013 12/27/13 For Sale $5,000 -- $2 / 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 $848 $42,500 $0 $0
2024 $848 $35,100 $0 $0
2023 $1,068 $28,500 $0 $0
2022 $1,127 $21,900 $0 $0
2021 $1,147 $16,700 $0 $0
2020 $1,101 $20,200 $0 $0
2019 $1,087 $15,600 $0 $0
2018 $974 $13,000 $0 $0
2017 $153 $12,400 $0 $0
2016 $1,052 $25,400 $0 $0
2015 $840 $8,400 $0 $0
2013 $1,078 $11,724 $0 $0
2010 -- $16,798 $823 $15,975
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 213206576

Realcomp

APN: 14-002832