NOT LISTED FOR SALE

4370 Waverly St Detroit, MI 48238

Russell Woods Neighborhood

Estimated Value: $73,000 - $94,000

4 Beds
2 Baths
2,100 Sq Ft
$39/Sq Ft Est. Value

Last Sold March 01, 2022

Last sale price $59,000 $28 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $594/month

15 Days on Market

Highlights

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

About This Home

As of March 2022

BRICK DUPLEX in heart of Detroit: Attention Investors looking to add this 2 UNIT BRICK duplex to their portfolio or a home buyer looking for a move in ready property downstairs with a fix to rent in the upstairs unit. Units feature a fire place, 2 bedrooms, a full bath, kitchen, living room, privacy fence in the backyard, and a common basement for laundry and utilities. Basement is 1050 square feet as well. This property is located just off Davison fwy, the country's first urban freeway, also close to the Fashion Blvd. on Livernois as well as easy access to all major freeways. Duplex has new electricity, plumbing, units back and front doors have security doors and plenty of other updates to this DUPLEX. First floor is move in ready with the top floor still in need of just a little bit of a TLC. Duplex sold with a clean title, warranty deed, buyer is to pay $495 transaction fee at closing to listing broker. Please schedule appointments, will be accompanied by listing agent.

Last Agent to Sell the Property

Rashad Elabed

JNA Real Estate License #6501406301 Listed on: 02/01/2022

Last Buyer's Agent

Katie Wheeler

Match Realty LLC License #RCO-6501400563

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1924

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 35.00x100.00

Home Design

  • Duplex
  • Brick Exterior Construction
  • Brick Foundation
  • Block Foundation

Interior Spaces

  • 2 Full Bathrooms
  • 2,100 Sq Ft Home
  • 3-Story Property
  • Unfinished Basement

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number W14I005398S

Community Details

Overview

  • 2 Units
  • Russell Woods Subdivision

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,331

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 3 Story
  • Assessment: 340
  • Year Built: 1924
  • State Equalized Value: 15500.0000
  • Pets Allowed: Cats OK, Dogs OK, Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 2100

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block, Brick/Mortar
  • Road Frontage Type: Paved, Pub. Sidewalk

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary), Sewer at Street
  • Water Heater Fuel: Natural Gas
  • Water Source: Well (Existing), Water at Street

Lot Info

  • Lot Size Area: 0.08
  • Lot Dimensions: 35.00X100.00
  • Parcel Number: W14I005398S
  • Zoning: Multi-Family

Rental Info

  • Monthly Rental Income: 1800

Tax Info

  • Tax Amount Summer: 1225.0000
  • Tax Amount Winter: 106.0000
  • Total Tax: 1331.0000
  • Taxable Value: 11365.0000

Multi Family

  • Gross Scheduled Income: 21600.00
  • Number Of Units Total: 2

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2022
Closed on
Feb 15, 2022
Sold by
Donnahue George
Bought by
Stecher Jacob
Seller's Agent
Rashad Elabed
JNA Real Estate
Buyer's Agent
Katie Wheeler
Match Realty LLC
List Price
$59,000
Sold Price
$59,000
Current Estimated Value
$82,389

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,389
Avg. Annual Appreciation
9.55%

Purchase Details

Closed on
Nov 28, 2017
Sold by
Thwe Detroit Land Bank Authority
Bought by
George Donnahue

Purchase Details

Closed on
Jan 23, 2014
Sold by
Wayne County Treasurer
Bought by
Detroit Landbank Authority

Purchase Details

Closed on
Jun 10, 2010
Sold by
Amos John C and Amos Caroline
Bought by
Smith Alonzo T

Purchase Details

Closed on
Jun 4, 2010
Sold by
Smith James and James Smith Living Trust
Bought by
Amos John C

Purchase Details

Closed on
Oct 12, 2005
Sold by
Smith James H
Bought by
Amos John C and Amos Caroline A
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
Stecher Jacob $59,000 Speedy Title & Escrow Services
George Donnahue $1,300 None Available
Detroit Landbank Authority -- None Available
Smith Alonzo T $3,500 None Available
Amos John C -- None Available
Amos John C $10,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/01/2022 03/01/22 Sold $59,000 0.0% $28 / Sq Ft
02/17/2022 02/17/22 Pending -- -- --
02/01/2022 02/01/22 For Sale $59,000 -- $28 / 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 $1,949 $42,600 $0 $0
2024 $1,949 $32,400 $0 $0
2023 $2,138 $26,300 $0 $0
2022 $1,366 $21,100 $0 $0
2021 $1,332 $15,500 $0 $0
2020 $1,332 $14,400 $0 $0
2019 $1,313 $11,000 $0 $0
2018 $1,202 $11,200 $0 $0
2017 $928 $0 $0 $0
2016 $340 $0 $0 $0
2015 $928 $0 $0 $0
2013 $928 $12,603 $0 $0
2010 -- $18,058 $723 $17,335
Source: Public Records

Agents Affiliated with this Home

  • Rashad Elabed

    Seller's Agent in 2022

    Rashad Elabed

    JNA Real Estate

    (734) 497-5558

    1 in this area

    73 Total Sales

    Rashad Elabed
    Section Image
  • Katie Wheeler

    Buyer's Agent in 2022

    Katie Wheeler

    Match Realty LLC

    (313) 627-1819

    1 in this area

    286 Total Sales

    Katie Wheeler
    Section Image
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Map

Source: Realcomp

MLS Number: 2220006420

Realcomp

APN: 14-005398

Michigan Wayne County Detroit 48238 Russell Woods

4370 Waverly St, Detroit, MI

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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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