$828,000
SOLD FEB 8, 2018

4468 3rd St Detroit, MI 48201

Midtown Neighborhood
4 Beds
3 Baths
2,703 Sq Ft
4,356 Sq Ft Lot

Recently Sold

$306 Per Sq Ft

8 Days on Market

Highlights

  • Terrace
  • Programmable Thermostat
  • High Speed Internet
  • Cass Technical High School Rated 10
  • Forced Air Heating and Cooling System
  • 3-minute walk to 4th & Calumet Park

About This Home

As of August 2019

Completely renovated condo in the heart of Midtown! This 2 unit duplex is move-in ready, featuring wood flooring throughout with vaulted ceilings in the upper, and tons of natural light. With brand new flooring, cabinets, countertops, appliances, fixtures and more, this unique historic building has been transformed into two breathtaking and comfortable modern home. The kitchens both comes complete with stainless steel KitchenAid appliance packages. Private entrances in the front and rear for both units, and a large, private roof-top terrace dedicated to the upper unit. Dedicated off-street parking in the rear. Nestled between WSU and Downtown, the Q-line and multiple Mo-Go Bike Stations are within blocks of your front door! Surrounded by dozens of restaurants, retail shops, venues and coffee shops, including Selden Standard, Shinola, Jolly Pumpkin, Nest, Avalon, Bottom Line Coffee, MoCAD, The Bronx and more! Turn-key investment in the heart of it all!

Last Agent to Sell the Property

Matt O'Laughlin

Sold by Vie License #6501365647 Listed on: 01/23/2018

Last Buyer's Agent

Paula Kania Law

Max Broock, REALTORS®-Birmingham License #RCO-6502362480

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1900 | Remodeled in 2017

Home Design

  • Duplex
  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • 3 Full Bathrooms
  • 2,703 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Programmable Thermostat
  • Natural Gas Water Heater
  • High Speed Internet

Additional Features

  • Terrace
  • Lot Dimensions are 32 x 130 x 32 x 130

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number W04I003413S

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,244

Year Built

Built in 1900 | Remodeled in 2017

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 2 Story
  • Year Built: 1900
  • Year Renovated: 2017
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: High Spd Internet Avail, Programmable Thermostat
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 2703
  • Total Sq Ft: 2703
  • Sq Ft Total Bsmt: 900

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Brick/Mortar
  • Porch Type: Terrace
  • Road Frontage Type: Pub. Sidewalk

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Schools

  • School District: Detroit

Lot Info

  • Lot Dimensions: 32 X 130 X 32 X 130
  • Parcel Number: W04I003413S
  • Zoning: Multiple

Rental Info

  • Monthly Rental Income: 5100

Tax Info

  • Tax Amount Summer: 1954.0000
  • Tax Amount Winter: 290.0000
  • Total Tax: 2244.0000

Multi Family

  • Gross Scheduled Income: 61200.00
  • Number Of Units Total: 2
  • Unit Count: 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 20, 2019
Closed on
Aug 2, 2019
Sold by
Bollinger Robert and Martinez Simon
Bought by
4468 Third Street Llc
Seller's Agent
Paula Kania Law
Max Broock, REALTORS®-Birmingham
Buyer's Agent
Dominick Procopio
RE/MAX First
List Price
$925,000
Sold Price
$885,000
Premium/Discount to List
-$40,000
-4.32%
Current Estimated Value
$1,141,124

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$256,124
Avg. Annual Appreciation
8.27%

Purchase Details

Listed on
Jan 23, 2018
Closed on
Feb 8, 2018
Sold by
Midtown Detroit Partners Llc
Bought by
Bollinger Robert
Seller's Agent
Matt O'Laughlin
Sold by Vie
Buyer's Agent
Paula Kania Law
Max Broock, REALTORS®-Birmingham
List Price
$829,000
Sold Price
$828,000
Premium/Discount to List
-$1,000
-0.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.60%

Purchase Details

Closed on
Jan 10, 2017
Sold by
Live Midtown Detroit Llc
Bought by
Midtown Detrlt Partners Llc

Purchase Details

Closed on
Oct 14, 2013
Sold by
Debates Raymond
Bought by
Live Midtown Detroit Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
4.38%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 5, 2013
Sold by
Hales Tabernacle United Primitive Baptis
Bought by
Debates Raymond

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
4.58%
Mortgage Type
Commercial
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Available
Warranty Deed $828,000 Title Source Inc
Quit Claim Deed -- First American Title Ins Co
Warranty Deed -- First American Title
Quit Claim Deed -- None Available
Warranty Deed $105,000 Greco Title Agency Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $180,000 Commercial
Previous Owner $125,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2019 08/02/19 Sold $885,000 -4.3% $327 / Sq Ft
06/20/2019 06/20/19 For Sale $925,000 +11.7% $342 / Sq Ft
02/08/2018 02/08/18 Sold $828,000 -0.1% $306 / Sq Ft
01/31/2018 01/31/18 Pending -- -- --
01/23/2018 01/23/18 For Sale $829,000 -- $307 / 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 $24,763 $325,400 $0 $0
2023 $45,483 $589,500 $0 $0
2022 $53,527 $681,900 $0 $0
2021 $51,763 $589,000 $0 $0
2020 $53,137 $596,600 $0 $0
2019 $41,863 $590,500 $0 $0
2018 $22,953 $293,700 $0 $0
2017 $488 $30,800 $0 $0
2016 $2,367 $30,300 $0 $0
2015 $2,540 $27,500 $0 $0
2013 $100 $0 $0 $0
2010 -- $6,240 $6,240 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2019

    Paula Kania Law

    Max Broock, REALTORS®-Birmingham

    Section Image
  • Dominick Procopio

    Buyer's Agent in 2019

    Dominick Procopio

    RE/MAX

    (586) 306-7142

    48 Total Sales

    Section Image

  • M

    Seller's Agent in 2018

    Matt O'Laughlin

    Sold by Vie

    Section Image
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Map

Source: Realcomp

MLS Number: 218005859

Realcomp

APN: 04-003413

Michigan Wayne County Detroit 48201 Midtown

4468 3rd St, Detroit, MI

This home is located at 4468 3rd St, Detroit, MI 48201 and is currently priced at $828,000, approximately $306 per square foot. This property was built in 1900. 4468 3rd St is a home located in Wayne County with nearby schools including Burton International Academy, Charles L. Spain Elementary-Middle School, and Edward 'Duke' Ellington Conservatory of Music and Art.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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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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