NOT LISTED FOR SALE

Estimated Value: $150,002 - $173,000

4 Beds
2.5 Baths
1,928 Sq Ft
$82/Sq Ft Est. Value

Last Sold June 23, 2023

Last sale price $135,000 $70 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $1,099/month

33 Days on Market

Highlights

  • Colonial Architecture
  • Forced Air Heating and Cooling System
  • Dogs and Cats Allowed
  • Cass Technical High School Rated 10
  • 2 Car Garage

About This Home

As of June 2023

Investors dream! Well Kept 2-unit brick building lower unit occupied by a 20 year, well vetted tenant. The upper unit is vacant right now. Plenty of storage space located in basement. Great location with walking distance to major transportation on Woodward Ave. Both units have separate hot water tanks and furnaces. Separate electric and gas meters. The home is sold as is! BATVAI - ALL showings must be accompanied by a licensed real estate agent. The upper unit, basement, and outside is available for showings.. The lower unit can be seen with an accepted offer.

Last Agent to Sell the Property

Lance Lambdin

EXP Realty License #6501425428 Listed on: 01/06/2023

EXP Realty

Last Buyer's Agent

Kimberly Sanders

EXP Realty Main License #6501439407

EXP Realty Main

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1924

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 50.00 x 100.00

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Colonial Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 1,928 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number W01I006417S

Community Details

Overview

  • 2 Units
  • Grix Home Park Sub Of Ely Pt Of Lots 3 & 4 Subdivision

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,223

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Colonial, Duplex, Townhouse, Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Assessment: 340.00
  • Year Built: 1924
  • State Equalized Value: 21900.0000
  • Pets Allowed: Cats OK, Dogs OK
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 1928
  • Total Sq Ft: 1928
  • Sq Ft Total Bsmt: 844

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block
  • Road Frontage Type: Paved

Garage/Parking

  • Garage: Yes
  • Total Parking Spaces: 2

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Schools

  • School District: Detroit

Lot Info

  • Lot Size Area: 0.12
  • Lot Dimensions: 50.00 x 100.00
  • Parcel Number: W01I006417S
  • Zoning: Multiple

Rental Info

  • Rent Includes: Water
  • Monthly Rental Income: 900

Tax Info

  • Tax Amount Summer: 1130.0000
  • Tax Amount Winter: 93.0000
  • Total Tax: 1223.0000
  • Taxable Value: 10131.0000

Multi Family

  • Gross Scheduled Income: 10800.00
  • Number Of Units Total: 2
  • Number of Two Bedroom Units: 2
  • Number Of Units Leased: 2

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2023
Closed on
Jun 23, 2023
Sold by
Mandrea Virginia and Mandrea Mihaela
Bought by
Griffin Larry L
Seller's Agent
Lance Lambdin
EXP Realty
Buyer's Agent
Kimberly Sanders
EXP Realty Main
List Price
$149,900
Sold Price
$135,000
Premium/Discount to List
-$14,900
-9.94%
Views
169
Current Estimated Value
$158,751

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,751
Avg. Annual Appreciation
7.02%
Original Mortgage
$100,000
Outstanding Balance
$98,259
Interest Rate
7.25%
Mortgage Type
New Conventional
Estimated Equity
$57,100

Purchase Details

Closed on
May 31, 2007
Sold by
Mandrea Virginia and Mandrea Gheorge
Bought by
Mandrea Virginia

Purchase Details

Closed on
Dec 15, 1999
Sold by
Macinic Anuta and Macinic Darel
Bought by
Mandrea Gheorge and Mandrea Virginia
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
Griffin Larry L $135,000 None Listed On Document
Mandrea Virginia $500 None Available
Mandrea Gheorge $52,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Griffin Larry L $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2023 06/23/23 Sold $135,000 -2.1% $70 / Sq Ft
04/11/2023 04/11/23 Price Changed $137,900 -1.4% $72 / Sq Ft
03/28/2023 03/28/23 Price Changed $139,900 -3.5% $73 / Sq Ft
02/24/2023 02/24/23 Price Changed $145,000 -3.3% $75 / Sq Ft
02/11/2023 02/11/23 For Sale $149,900 0.0% $78 / Sq Ft
02/08/2023 02/08/23 Pending -- -- --
01/27/2023 01/27/23 For Sale $149,900 0.0% $78 / Sq Ft
01/20/2023 01/20/23 Pending -- -- --
01/06/2023 01/06/23 For Sale $149,900 -- $78 / 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
2024 $2,669 $34,100 $0 $0
2023 $1,159 $26,500 $0 $0
2022 $1,226 $21,900 $0 $0
2021 $1,196 $18,800 $0 $0
2020 $1,196 $17,300 $0 $0
2019 $1,180 $14,700 $0 $0
2018 $1,054 $14,300 $0 $0
2017 $172 $13,000 $0 $0
2016 $1,141 $35,100 $0 $0
2015 $1,060 $10,600 $0 $0
2013 $1,243 $12,426 $0 $0
2010 -- $18,219 $1,698 $16,521
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20230001401

Realcomp

APN: 01-006417