$95,000
SOLD APR 6, 2021
8 Beds
4 Baths
5,190 Sq Ft
8,276 Sq Ft Lot

Recently Sold

$18 Per Sq Ft

5% Below List Price

472 Days on Market

Highlights

  • Covered patio or porch
  • Accessible Hallway
  • Forced Air Heating System
  • Cass Technical High School Rated 10

About This Home

As of March 2025

Priced to sell! CASH ONLY !! Outstanding investment opportunity! Four family flat located centrally in Detroit minutes away from downtown close to three major freeways. Close to public transportation, library, grocer, stadiums, downtown and other points of interest. This property features two bedrooms, 1 full bathroom in each unit with living, dining and kitchen, large front from and a bonus room of the master bedroom. Full common basement. Property can be rented at $850/unit. Again, this is a super nice four family flat investment property in the heart of the next rebound Detroit neighborhood. High ROI/NOI-see a quick return on investment with instant cash flow. Property being offered via QCD. All 4 units are vacant-. BATVAI- Seller shows the property.price is firm---NO HARD MONEY or PRIVATE MONEY--CASH ONLY----QCD ONLY ALL OTHER OFFERS WILL BE REJECTED--CLOSE IN 7 DAYS

Last Agent to Sell the Property

Rebecca Hale

Hale Realty License #6502400646 Listed on: 11/04/2019

Co-Listed By

Eugene Hale

Hale Realty License #6501362334

Last Buyer's Agent

Tennitia Wilson

Cosmopolitan Real Estate Svs License #RCO-6502381522

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1916

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 50.00x164.10

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 4 Full Bathrooms
  • 5,190 Sq Ft Home
  • 2-Story Property

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Basement Storage

Parking

  • Paved Parking
  • On-Street Parking
  • Unassigned Parking

Accessible Home Design

  • Accessible Hallway
  • Visitable

Outdoor Features

  • Covered patio or porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number W15I008869S

Community Details

Overview

  • 4 Units
  • Mills Sub No 4 Subdivision

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,112

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Quadruplex
  • Architecture Level: 2 Story
  • Year Built: 1916
  • State Equalized Value: 27200.0000
  • Accessibility Features: Accessible Hallway(s), Visitable
  • Pets Allowed: Call
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement: Yes
  • Basement Type: Common, Common Storage Locker, Interior Entry (Interior Access)
  • Sq Ft Combined: 5190
  • Total Sq Ft: 5190
  • Sq Ft Total Bsmt: 1900

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block
  • Frontage Feet: 50
  • Porch Type: Porch - Covered
  • Road Frontage Type: Paved

Garage/Parking

  • MF Parking: On Street, Paved, Unassigned/General

Utilities

  • Heating Fuel: Natural Gas
  • 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

  • List Price per Acre: 526315.7895
  • Lot Size Area: 0.19
  • Lot Dimensions: 50.00X164.10
  • Parcel Number: W15I008869S
  • Zone Conform: Yes
  • Zoning: Multi-Family

Rental Info

  • Rent Includes: Trash Collection (Garbage Pickup), Snow Removal, Yard Maintenance
  • Monthly Rental Income: 800

Tax Info

  • Tax Amount Summer: 1918.0000
  • Tax Amount Winter: 194.0000
  • Total Tax: 2112.0000
  • Taxable Value: 20500.0000

Multi Family

  • Gross Scheduled Income: 38400.00
  • Number Of Units Total: 4
  • Unit Count: 1
  • Number of Two Bedroom Units: 4
  • Number Of Units Leased: 2

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2025
Closed on
Mar 10, 2025
Sold by
Tri County Realty & Investments Llc
Bought by
Garland Kelly Rose and Steinfield Zoe Russick
Seller's Agent
Latrell Taylor
Fathom Realty
Buyer's Agent
Natalie Schlosberg
EXP Realty Main
List Price
$499,900
Sold Price
$480,000
Premium/Discount to List
-$19,900
-3.98%
Views
96
Current Estimated Value
$473,359

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,641
Avg. Annual Appreciation
-13.51%
Original Mortgage
$384,000
Outstanding Balance
$383,029
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$72,534

Purchase Details

Listed on
Oct 1, 2024
Closed on
Sep 19, 2024
Sold by
Loan Funder Llc and Series 18003 Llc
Bought by
Tri County Realty & Investments Llc
Seller's Agent
Jeff Glover
KW Professionals
Buyer's Agent
Davonte Moore
KW Professionals
List Price
$115,000
Sold Price
$145,000
Premium/Discount to List
$30,000
26.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1176.77%
Original Mortgage
$319,000
Interest Rate
6.46%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 28, 2023
Sold by
Wayne County Sheriff
Bought by
Sftb Llc

Purchase Details

Listed on
Nov 4, 2019
Closed on
Apr 6, 2021
Sold by
General Partners Gpx Llc
Bought by
Sftb Llc
Seller's Agent
Rebecca Hale
Hale Realty
Buyer's Agent
Tennitia Wilson
Cosmopolitan Real Estate Svs
List Price
$100,000
Sold Price
$95,000
Premium/Discount to List
-$5,000
-5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
44.24%
Original Mortgage
$207,275
Interest Rate
3.05%
Mortgage Type
Construction

Purchase Details

Listed on
Nov 4, 2019
Closed on
Apr 1, 2021
Sold by
Owe Ayodele and Owe Asisalu
Bought by
General Partners Gpx Llc
Seller's Agent
Rebecca Hale
Hale Realty
Buyer's Agent
Tennitia Wilson
Cosmopolitan Real Estate Svs
List Price
$100,000
Sold Price
$95,000
Premium/Discount to List
-$5,000
-5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,275
Interest Rate
3.05%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 9, 2004
Sold by
Owe Ayodele
Bought by
Owe Ayodele
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 $480,000 Top Title
Warranty Deed $480,000 Top Title
Warranty Deed $145,000 Detroit Metro Title Agency
Sheriffs Deed $208,572 None Listed On Document
Warranty Deed $137,000 Speedy T&E Services Llc
Warranty Deed $95,000 Speedy T&E Svcs Llc
Interfamily Deed Transfer -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $384,000 New Conventional
Previous Owner $319,000 Construction
Previous Owner $207,275 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2025 03/10/25 Sold $480,000 -4.0% $101 / Sq Ft
02/07/2025 02/07/25 Pending -- -- --
01/10/2025 01/10/25 For Sale $499,900 +244.8% $105 / Sq Ft
09/19/2024 09/19/24 Sold $145,000 +26.1% $31 / Sq Ft
06/03/2024 06/03/24 Off Market $115,000 -- --
05/08/2024 05/08/24 Pending -- -- --
04/26/2024 04/26/24 For Sale $115,000 +21.1% $24 / Sq Ft
04/06/2021 04/06/21 Sold $95,000 -5.0% $18 / Sq Ft
03/07/2021 03/07/21 For Sale $100,000 0.0% $19 / Sq Ft
02/18/2021 02/18/21 Pending -- -- --
12/28/2020 12/28/20 Price Changed $100,000 +5.3% $19 / Sq Ft
08/02/2020 08/02/20 For Sale $94,999 0.0% $18 / Sq Ft
07/19/2020 07/19/20 Pending -- -- --
05/28/2020 05/28/20 For Sale $94,999 0.0% $18 / Sq Ft
05/28/2020 05/28/20 Pending -- -- --
04/21/2020 04/21/20 For Sale $94,999 0.0% $18 / Sq Ft
03/14/2020 03/14/20 Pending -- -- --
02/25/2020 02/25/20 For Sale $94,999 0.0% $18 / Sq Ft
02/18/2020 02/18/20 Pending -- -- --
02/03/2020 02/03/20 For Sale $94,999 0.0% $18 / Sq Ft
01/22/2020 01/22/20 Off Market $95,000 -- --
11/04/2019 11/04/19 For Sale $94,999 -- $18 / 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 $5,704 $72,400 $0 $0
2023 $2,051 $44,600 $0 $0
2022 $2,198 $37,700 $0 $0
2021 $2,134 $30,900 $0 $0
2020 $2,133 $32,800 $0 $0
2019 $2,047 $26,800 $0 $0
2018 $1,918 $27,200 $0 $0
2017 $381 $30,300 $0 $0
2016 $2,110 $73,500 $0 $0
2015 $2,090 $20,900 $0 $0
2013 $1,420 $24,486 $0 $0
2010 -- $35,900 $734 $35,166
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 219112336

Realcomp

APN: 15-008869