NOT LISTED FOR SALE

Estimated Value: $49,000 - $133,000

4 Beds
2 Baths
2,328 Sq Ft
$44/Sq Ft Est. Value

Last Sold June 28, 2024

Last sale price $124,000 $53 Per Sq Ft

Est. 17% decrease in value since last sale

Current estimated payment $711/month

145 Days on Market

Highlights

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

About This Home

As of June 2024

Attention first time home buyers and investors searching for an income-generating asset- Don't miss out on this remarkable opportunity to own a brick multi-unit property in the city of Detroit! With its convenient location and attractive features, this property has great return on investment potential for savvy buyers. It features two 2-bedroom units that have been freshly painted throughout with hardwood throughout and updated bathrooms. Both kitchens have been refreshed & there are new light fixtures & new windows. This location offers easy access to a variety of amenities that tenants are looking for including shops, markets, restaurants, entertainment & career options such as Wayne State University, Henry Ford Hospital, plus it’s only 14 minutes from Downtown. Don’t miss out on this cash flow potential!

Last Agent to Sell the Property

Omar Ghazzawi

Keller Williams Legacy License #6501370114 Listed on: 01/26/2024

Keller Williams Legacy

Last Buyer's Agent

Selina Wells

Real Broker LLC License #6501328238

Real Broker LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1914

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 48.00 x 131.00

Parking

  • 1 Car Garage

Home Design

  • Duplex
  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • 2 Full Bathrooms
  • 2,328 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number W14I002276S

Community Details

Overview

  • 2 Units
  • Holden & Murrays Northwestern Subdivision

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,295

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 2 Story
  • Assessment: 340.00
  • Year Built: 1914
  • State Equalized Value: 17600.0000
  • Pets Allowed: Call
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 2328
  • Total Sq Ft: 2328
  • Sq Ft Total Bsmt: 1150

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Brick/Mortar
  • Road Frontage Type: Paved

Garage/Parking

  • Garage: Yes
  • Total Parking Spaces: 1

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Sewer at Street
  • Water Source: Water at Street

Schools

  • School District: Detroit

Lot Info

  • Lot Size Area: 0.10
  • Lot Dimensions: 48.00 x 131.00
  • Parcel Number: W14I002276S
  • Zoning: Multi-Family

Rental Info

  • Monthly Rental Income: 1800

Tax Info

  • Tax Amount Summer: 1195.0000
  • Tax Amount Winter: 100.0000
  • Total Tax: 1295.0000
  • Taxable Value: 11106.0000

Multi Family

  • Gross Scheduled Income: 21600.00
  • Number Of Units Total: 2
  • Number of Two Bedroom Units: 2

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2024
Closed on
Jun 28, 2024
Sold by
Michigan Prop Llc
Bought by
Onike-Onuzulike Ndidi
Seller's Agent
Omar Ghazzawi
Keller Williams Legacy
Buyer's Agent
Selina Wells
Real Broker LLC
List Price
$139,900
Sold Price
$124,000
Premium/Discount to List
-$15,900
-11.37%
Views
119
Current Estimated Value
$103,522

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$20,478
Avg. Annual Appreciation
-10.63%
Original Mortgage
$121,754
Outstanding Balance
$120,840
Interest Rate
7.03%
Mortgage Type
FHA
Estimated Equity
-$12,122

Purchase Details

Listed on
Feb 16, 2023
Closed on
Jul 7, 2023
Sold by
360 Home Designs Llc
Bought by
Michigan Prop Llc
Seller's Agent
Omar Ghazzawi
Keller Williams Legacy
Buyer's Agent
Ronnie Ahmad
Keller Williams Legacy
List Price
$59,900
Sold Price
$26,000
Premium/Discount to List
-$33,900
-56.59%
Views
357

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
417.79%
Original Mortgage
$89,205
Interest Rate
6.71%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Feb 27, 2020
Closed on
Jul 28, 2020
Sold by
Shahi Ramandeep
Bought by
360 Home Designs Llc
Seller's Agent
Greg Majewski
Detroit Investment Company
Buyer's Agent
Greg Majewski
Detroit Investment Company
List Price
$66,900
Sold Price
$36,600
Premium/Discount to List
-$30,300
-45.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-10.88%

Purchase Details

Closed on
May 13, 2019
Sold by
Gng 696 Llc
Bought by
Weerts Llc

Purchase Details

Closed on
Apr 16, 2019
Sold by
Weerts Llc
Bought by
Shahi Ramandeep

Purchase Details

Closed on
Apr 10, 2015
Sold by
Electra Investments Llc
Bought by
Gng 696 Llc
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
Onike-Onuzulike Ndidi $124,000 None Listed On Document
Michigan Prop Llc $26,000 None Listed On Document
360 Home Designs Llc $36,600 Dream Title And Escrow Agcy
Weerts Llc $14,000 Etitle Agency Inc
Shahi Ramandeep $29,000 Etitle Agency Inc
Gng 696 Llc $34,000 None Available
Elctra Invstments Llc $18,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Onike-Onuzulike Ndidi $121,754
Closed Onike-Onuzulike Ndidi $121,754
Previous Owner Michigan Prop Llc $89,205
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2024 06/28/24 Sold $124,000 -11.4% $53 / Sq Ft
06/20/2024 06/20/24 Pending -- -- --
05/15/2024 05/15/24 For Sale $139,900 +12.8% $60 / Sq Ft
05/06/2024 05/06/24 Off Market $124,000 -- --
04/19/2024 04/19/24 For Sale $139,900 0.0% $60 / Sq Ft
04/12/2024 04/12/24 Pending -- -- --
02/19/2024 02/19/24 Price Changed $139,900 -6.7% $60 / Sq Ft
01/26/2024 01/26/24 For Sale $149,900 +476.5% $64 / Sq Ft
07/17/2023 07/17/23 Sold $26,000 -34.8% $11 / Sq Ft
07/13/2023 07/13/23 Pending -- -- --
04/18/2023 04/18/23 Price Changed $39,900 -20.0% $17 / Sq Ft
03/07/2023 03/07/23 Price Changed $49,900 -9.1% $21 / Sq Ft
03/01/2023 03/01/23 Price Changed $54,900 -8.3% $24 / Sq Ft
02/16/2023 02/16/23 For Sale $59,900 +63.7% $26 / Sq Ft
07/28/2020 07/28/20 Sold $36,600 -22.0% $16 / Sq Ft
07/10/2020 07/10/20 Pending -- -- --
06/07/2020 06/07/20 Price Changed $46,900 -29.9% $20 / Sq Ft
02/27/2020 02/27/20 For Sale $66,900 -- $29 / 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
2025 $1,765 $25,100 $0 $0
2024 $1,765 $22,100 $0 $0
2023 $1,195 $17,600 $0 $0
2022 $1,265 $14,100 $0 $0
2021 $1,234 $11,600 $0 $0
2020 $1,234 $10,100 $0 $0
2019 $1,161 $11,100 $0 $0
2018 $1,038 $10,800 $0 $0
2017 $168 $11,100 $0 $0
2016 $1,123 $33,800 $0 $0
2015 $930 $9,300 $0 $0
2013 $903 $12,961 $0 $0
2010 -- $18,571 $947 $17,624
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20240004791

Realcomp

APN: 14-002276