$145,000
SOLD SEP 19, 2024
-- Bed
-- Bath
4,752 Sq Ft
8,276 Sq Ft Lot

Recently Sold

$31 Per Sq Ft

26% Above List Price

12 Days on Market

Highlights

  • 1 Fireplace
  • Cass Technical High School Rated 10
  • Forced Air Heating System

About This Home

As of March 2025

**HIGHEST & BEST due 5/1/24 at 5:00pm**
Investor's Dream! This expansive 4-unit multi-family home boasts over 5,000 sqft of potential! Each unit offers massive living spaces, ripe for renovation to unlock their full potential. Situated just 10 minutes from downtown Detroit, this property promises high-income opportunities in a prime location. With some TLC, capitalize on the booming rental market and transform this diamond in the rough into a lucrative investment.

Last Agent to Sell the Property

Jeff Glover

KW Professionals License #6502408794 Listed on: 10/01/2024

KW Professionals

Last Buyer's Agent

Davonte Moore

KW Professionals License #6501387739

KW Professionals

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,273

Year Built

  • Built in 1916

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 50.00 x 164.00

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1 Fireplace
  • Basement Fills Entire Space Under The House

Parking

  • 4 Parking Spaces
  • Paved Parking

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,273

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1916
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 50.00 x 164.00
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 2273.0
  • General Property Info:Total _pound_ Units: 4
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Heat Type:Forced Air: Yes
  • Substructure:Full: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Full
  • Basement: Yes

Exterior Features

  • Construction Materials: Brick
  • List Price: 115000.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Brick: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved
  • Total Parking Spaces: 4.0
  • General Property Info:Total Parking Spaces: 4.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Natural Gas Available, Natural Gas Connected, Electricity Connected

Lot Info

  • Lot Size Acres: 0.19
  • Lot Size Area: 0.19
  • Lot Dimensions: 50.00 x 164.00
  • Lot Size Sq Ft: 8276.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: None
  • Tenant Pays: None

Multi Family

  • Number of Units Total: 4

Tax Info

  • Tax Annual Amount: 2273.0
  • Tax Year: 2023

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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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: Southwestern Michigan Association of REALTORS®

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: Southwestern Michigan Association of REALTORS®

MLS Number: 24020323

Southwestern Michigan Association of REALTORS®

APN: 15-008869