NOT LISTED FOR SALE

Estimated Value: $138,524

Studio
4.5 Baths
2,564 Sq Ft
$54/Sq Ft Est. Value

Sale Details

Date Sold: September 19, 2025

Last sale price $134,000 $52 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $914 / mo

50 Days on Market

About This Home

As of September 2025

Incredible investment opportunity! This charming duplex is currently rented and generating $2,000/month in total rental income—an excellent cash-flowing asset for any investor. Each spacious unit features 2 bedrooms and 1 bathroom and has been freshly updated with modern finishes, including refinished wood flooring, newer carpet, and updated baths. The clean, bright interiors offer natural light throughout, while the shared basement provides ample storage space. Conveniently located near major roads, shopping, and schools. Photos were taken before tenants moved in. New owner must honor current leases. Don’t miss your chance to own this income-producing Detroit gem!

Last Agent to Sell the Property

Tomer Chen

Brookstone, Realtors LLC License #6501450322 Listed on: 06/10/2025

Brookstone, Realtors LLC

Last Buyer's Agent

Holly Drouin

Paloma Realty License #6502431615

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1923 | Remodeled in 2024

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 35 x 108

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 2,564 Sq Ft Home
  • Ceiling Fan
  • Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 14003024002L

Community Details

Overview

  • 2 Units
  • Stormfeltz Lovely Co Sub Subdivision

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit
  • Breed Restrictions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,733

Year Built

Built in 1923 | Remodeled in 2024

Lot Details

3,920 Sq Ft Lot

Listing Details

  • Property Type: ResidentialIncome
  • Year Built: 1923
  • State Equalized Value: 18900.00
  • Year Renovated: 2024
  • Pets Allowed: BreedRestrictions, NumberLimit, SizeLimit
  • Property Sub Type: MultiFamily
  • LotSizeAcres: 0.09
  • Co List Office Mls Id: 406439
  • Above Grade Finished Sq Ft: 2564.00
  • Living Area: 2564.00
  • ClassName: ResidentialIncome
  • ThirdPartyApprovalRequiredYN: No
  • Special Features: NewHome

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1

Exterior Features

  • Waterfront: No
  • Foundation Details: Basement, Block
  • Construction Materials: Brick
  • Road Frontage Type: Paved
  • Disclosures: ProjectedIncome, TaxesNotHomesteadExempt
  • Roof: Asphalt

Garage/Parking

  • Garage: No

Utilities

  • Cooling: CeilingFans
  • Heating: ForcedAir, NaturalGas
  • Sewer: PublicSewer
  • Water Heater Fuel: NaturalGas
  • Water Source: Public

Schools

  • Junior High Dist: Detroit

Lot Info

  • Lot Dimensions: 35 x 108
  • Parcel Number: 14003024002L
  • Zoning Description: MultiFamily

Rental Info

  • Monthly Rental Income: 2000.00

Tax Info

  • Tax Amount Summer: 1310.00
  • Tax Amount Winter: 423.00
  • Tax Annual Amount: 1733.00

Multi Family

  • Gross Scheduled Income: 24000.00
  • Number Of Units Total: 2
  • Above Grade Finished Area Units: SquareFeet

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2025
Closed on
Sep 19, 2025
Sold by
Jakes Realty Llc
Bought by
Seller's Agent
Tomer Chen
Brookstone, Realtors LLC
Buyer's Agent
Holly Drouin
Paloma Realty
List Price
$139,900
Sold Price
$134,000
Premium/Discount to List
-$5,900
-4.22%
Views
76
Current Estimated Value
$138,524

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,524
Avg. Annual Appreciation
3.38%
Original Mortgage
$100,500
Outstanding Balance
$99,489
Interest Rate
6.58%
Mortgage Type
New Conventional
Estimated Equity
$39,035

Purchase Details

Closed on
Dec 16, 2024
Sold by
Artzi Real Estate Investments Llc
Bought by
Jakes Realty Llc

Purchase Details

Closed on
Feb 7, 2022
Sold by
Jeffery Suber
Bought by
Artzi Real Estate Investments Llc

Purchase Details

Closed on
Jan 31, 2022
Sold by
Ryan Morgan
Bought by
Suber Jeffery

Purchase Details

Closed on
Mar 28, 2021
Sold by
Morgan Ryan
Bought by
Suber Jeffery

Purchase Details

Closed on
Nov 23, 2015
Sold by
Treasurer Of The Charter County Of Wayne
Bought by
Morgan Ryan

Purchase Details

Closed on
Nov 19, 2012
Sold by
Fannie Mae
Bought by
Taz & Associates Llc

Purchase Details

Closed on
Oct 21, 2010
Sold by
Wells Fargo Bank Na
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Oct 20, 2010
Sold by
Harris Anne Louise
Bought by
Wells Fargo Bank Na
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Petoskey-Otsego, MI

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$134,000 None Listed On Document
Jakes Realty Llc $100,000 None Listed On Document
Jakes Realty Llc -- None Listed On Document
Artzi Real Estate Investments Llc $42,000 Regions Title
Suber Jeffery -- None Listed On Document
Suber Jeffery -- None Available
Morgan Ryan $1,000 None Available
Taz & Associates Llc $2,000 Resource Title Agency Inc
Federal National Mortgage Association -- None Available
Wells Fargo Bank Na $36,397 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $100,500
Previous Owner Harris Anne Louise $114,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/19/2025 09/19/25 Sold $134,000 -4.2% $52 / Sq Ft
07/30/2025 07/30/25 Pending -- -- --
06/10/2025 06/10/25 For Sale $139,900 -- $55 / Sq Ft
Source: Realcomp

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,580 $23,100 $0 $0
2024 $1,310 $18,900 $0 $0
2023 $1,518 $15,300 $0 $0
2022 $1,344 $14,300 $0 $0
2021 $1,063 $10,900 $0 $0
2020 $1,151 $13,200 $0 $0
2019 $1,136 $10,200 $0 $0
2018 $1,016 $9,000 $0 $0
2017 $163 $8,600 $0 $0
2016 $1,259 $20,500 $0 $0
2015 $1,030 $12,300 $0 $0
2013 $998 $17,063 $0 $0
2010 -- $24,449 $1,055 $23,394
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20251006057

Realcomp

APN: 14-00-302-40-02L

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