NOT LISTED FOR SALE

Estimated Value: $90,000 - $195,301

4 Beds
2 Baths
2,244 Sq Ft
$64/Sq Ft Est. Value

Last Sold April 07, 2023

Last sale price $160,000 $71 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $890/month

21 Days on Market

Highlights

  • Balcony
  • Porch
  • Forced Air Heating System
  • Cass Technical High School Rated 10
  • Awning
  • 2 Car Garage

About This Home

As of April 2023

4637 & 4639 Pacific Street is a multifamily duplex with downstairs and upstairs apartments. Each unit features 2 bedrooms, 1 full bathroom, kitchen, dining and living rooms. Units have been updated between 2019-2022. Roof installed in 2013. All mechanicals updated in 2019 including two furnaces, two hot water tanks, separated 100 amp electrical panels and new plumbing throughout. Gas stove, refrigerators, washer and dryer included in purchase. The units are leased month-to-month for $825 each with potential for more. Located in the Holden & Murrays Northwestern subdivision and on a street with other owned multi-families and in an area with recent sales. This area is seeing development and vitalization from homeowners and investors the like. Live or invest in the 48204 zip code! Benefit from the great location being just 10 minutes from the Little Caesars Arena, Downtown and Midtown Detroit. Patron buzzing coffeeshops like The Congregation and Harmony Cafe and nearby restaurants.

Last Agent to Sell the Property

Taylor Johnson

Keller Williams Advantage License #6501400617 Listed on: 01/28/2023

Keller Williams Advantage

Last Buyer's Agent

Taylor Johnson

Keller Williams Advantage License #6501400617 Listed on: 01/28/2023

Keller Williams Advantage

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1915 | Remodeled in 2022

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 32.00 x 128.00

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Brick Exterior Construction
  • Brick Foundation
  • Chimney Cap

Interior Spaces

  • 2 Full Bathrooms
  • 2,244 Sq Ft Home
  • 2-Story Property
  • Awning
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Balcony
  • Exterior Lighting
  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • 100 Amp Service
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number W14I002077S
  • $6,400 Seller Concession

Community Details

Overview

  • 2 Units
  • Holden & Murrays Northwestern Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,037

Year Built

Built in 1915 | Remodeled in 2022

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex, Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Assessment: 340.00
  • Year Built: 1915
  • State Equalized Value: 11900.0000
  • Year Renovated: 2022
  • Pets Allowed: Yes
  • Special Features: NewHome
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: 100 Amp Service
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished, Common
  • Sq Ft Combined: 2244
  • Total Sq Ft: 2244
  • Sq Ft Total Bsmt: 1122

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: Awning/Overhang(s), Chimney Cap(s), Lighting
  • Foundation Materials: Brick/Mortar
  • Frontage Feet: 32
  • Porch Type: Balcony, Porch
  • Road Frontage Type: Paved

Garage/Parking

  • Garage: Yes
  • Total Parking Spaces: 2

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

  • Lot Size Area: 0.09
  • Lot Dimensions: 32.00 x 128.00
  • Parcel Number: W14I002077S
  • Zoning: Multi-Family
  • Percent Homestead Exempt: Yes

Rental Info

  • Rent Includes: Water/Sewer, Snow Removal, Water
  • Monthly Rental Income: 1650

Tax Info

  • Tax Amount Summer: 953.0000
  • Tax Amount Winter: 84.0000
  • Total Tax: 1037.0000
  • Taxable Value: 9217.0000

Multi Family

  • Gross Scheduled Income: 19800.00
  • Number Of Units Total: 2
  • Unit Count: 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 28, 2023
Closed on
Mar 15, 2023
Sold by
Archer Jabari
Bought by
Boston Ashya
Seller's Agent
Taylor Johnson
Keller Williams Advantage
Buyer's Agent
Taylor Johnson
Keller Williams Advantage
List Price
$160,000
Sold Price
$160,000
Views
101
Current Estimated Value
$144,325

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$15,675
Avg. Annual Appreciation
-2.65%
Original Mortgage
$160,000
Outstanding Balance
$156,300
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
-$6,461

Purchase Details

Closed on
Sep 23, 2022
Sold by
Asim Investment Group Llc
Bought by
Archer Jabari

Purchase Details

Closed on
Aug 19, 2019
Sold by
Archer Jabari
Bought by
Asim Investment Group Llc

Purchase Details

Closed on
Mar 6, 2018
Sold by
The Detroit Land Bank Authority
Bought by
Archer Jabari

Purchase Details

Closed on
Jan 12, 2017
Sold by
Sabree Eric R
Bought by
Detroit Land Bank Authority

Purchase Details

Closed on
May 4, 2011
Sold by
Bac Home Loans Servicing Lp
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Feb 17, 2011
Sold by
Matchett Moore Kelli and Moore Archie
Bought by
Bac Home Loans Servicing Lp

Purchase Details

Closed on
Feb 3, 2005
Sold by
Matchett Lawrence and Matchett Barbara
Bought by
Moore Archie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
5.91%
Mortgage Type
Fannie Mae Freddie Mac
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
Boston Ashya $160,000 None Listed On Document
Archer Jabari -- --
Asim Investment Group Llc -- None Available
Archer Jabari $1,000 None Available
Detroit Land Bank Authority -- None Available
Federal National Mortgage Association -- None Available
Bac Home Loans Servicing Lp $54,109 None Available
Moore Archie $70,000 Title Source Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boston Ashya $160,000
Previous Owner Moore Archie $56,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2023 04/07/23 Sold $160,000 0.0% $71 / Sq Ft
02/18/2023 02/18/23 Pending -- -- --
01/28/2023 01/28/23 For Sale $160,000 +7900.0% $71 / Sq Ft
04/15/2012 04/15/12 Sold $2,000 +8.7% $1 / Sq Ft
03/21/2012 03/21/12 Pending -- -- --
12/15/2011 12/15/11 For Sale $1,840 -- $1 / 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 $1,312 $20,600 $0 $0
2024 $1,312 $18,100 $0 $0
2023 $1,331 $14,500 $0 $0
2022 $1,146 $11,900 $0 $0
2021 $1,119 $10,100 $0 $0
2020 $1,035 $8,800 $0 $0
2019 $1,148 $9,700 $0 $0
2018 $1,064 $9,400 $0 $0
2017 $182 $9,600 $0 $0
2016 $1,354 $29,200 $0 $0
2015 $1,200 $12,000 $0 $0
2013 $1,664 $16,640 $0 $0
2010 -- $18,571 $573 $17,998
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20230006326

Realcomp

APN: 14-002077