NOT LISTED FOR SALE

4661 E Outer Dr Detroit, MI 48234

Conner Creek Neighborhood

Estimated Value: $2,317,060

78 Beds
48 Baths
10,000 Sq Ft
$232/Sq Ft Est. Value

Last Sold September 05, 2019

Last sale price $1,500,000 $150 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $12,341/month

Highlights

  • 2.45 Acre Lot
  • Lobby
  • Forced Air Heating System
  • Cass Technical High School Rated 10
  • 1-Story Property

About This Home

As of September 2019

This home is located at 4661 E Outer Dr, Detroit, MI 48234 since 05 September 2019 and is currently estimated at $2,317,060, approximately $231 per square foot. This property was built in 2005. 4661 E Outer Dr is a home located in Wayne County with nearby schools including Marion Law Academy, Edward 'Duke' Ellington Conservatory of Music and Art, and Charles L. Spain Elementary-Middle School.

Last Agent to Sell the Property

Matt O'Laughlin

Vie Real Estate License #6501365647 Listed on: 09/05/2019

Last Buyer's Agent

Matt O'Laughlin

Vie Real Estate License #6501365647 Listed on: 09/05/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 2005

Lot Details

  • 2.45 Acre Lot
  • Lot Dimensions are 950 x 450

Home Design

  • Slab Foundation
  • Poured Concrete
  • Vinyl Construction Material

Interior Spaces

  • 48 Full Bathrooms
  • 10,000 Sq Ft Home
  • 1-Story Property

Utilities

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

Community Details

  • 48 Units
  • Lobby

Listing and Financial Details

  • Assessor Parcel Number W17I016350S001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$750

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Common Entry Building
  • Architecture Level: 1 Story
  • Year Built: 2005
  • Pets Allowed: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Total Bathrooms: 48.00
  • Full Bathrooms: 48
  • Sq Ft Combined: 10000
  • Total Sq Ft: 10000

Exterior Features

  • Foundation Details: Slab
  • Construction Materials: Vinyl
  • Foundation Materials: Poured
  • Road Frontage Type: Paved

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Sewer at Street
  • Water Source: Water at Street
  • Laundry Facilities: No

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 612244.8980
  • Lot Size Area: 2.45
  • Lot Dimensions: 950 x 450
  • Parcel Number: W17I016350S001
  • Zoning: Multi-Family

Rental Info

  • Monthly Rental Income: 312000

Tax Info

  • Tax Amount Summer: 500.0000
  • Tax Amount Winter: 250.0000
  • Total Tax: 750.0000

Multi Family

  • Gross Scheduled Income: 300000.00
  • Number Of Units Total: 48
  • Unit Count: 2
  • Number of One Bedroom Units: 18
  • Number of Two Bedroom Units: 30
  • Number Of Units Leased: 48

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2019
Closed on
Aug 30, 2019
Sold by
Conner Creek Elderly Ltd Dividend Hsng A
Bought by
Conner Creek 2019 Ltd Dividend Hsng Assc
Seller's Agent
Matt O'Laughlin
Vie Real Estate
Buyer's Agent
Matt O'Laughlin
@Properties Detroit
List Price
$1,500,000
Sold Price
$1,500,000
Current Estimated Value
$2,317,060

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$817,060
Avg. Annual Appreciation
7.40%

Purchase Details

Closed on
Dec 1, 2014
Sold by
Conner Creek Elderly Limited Dividend Ho
Bought by
Ndni Elderly Limited Dividend Housing As

Purchase Details

Closed on
Nov 21, 2014
Sold by
St John Macomb Oakland Hospital
Bought by
Conner Creek Elderly Limited Dividend Ho
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
Conner Creek 2019 Ltd Dividend Hsng Assc -- Fidelity National Title
Ndni Elderly Limited Dividend Housing As -- Fatco
Conner Creek Elderly Limited Dividend Ho -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/05/2019 09/05/19 Sold $1,500,000 0.0% $150 / Sq Ft
09/05/2019 09/05/19 For Sale $1,500,000 -- $150 / 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 $100 $0 $0 $0
2024 $100 $0 $0 $0
2023 $100 $0 $0 $0
2022 $100 $0 $0 $0
2021 $100 $0 $0 $0
2020 $100 $0 $0 $0
2019 $240 $0 $0 $0
2018 $240 $0 $0 $0
2017 $240 $0 $0 $0
2016 $240 $0 $0 $0
2015 -- $0 $0 $0
2013 -- $0 $0 $0
2010 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2019

    Matt O'Laughlin

    Vie Real Estate

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Map

Source: Realcomp

MLS Number: 219091710

Realcomp

APN: 17-016350-001

Michigan Wayne County Detroit 48234 Conner Creek

4661 E Outer Dr, Detroit, MI

This home is located at 4661 E Outer Dr, Detroit, MI 48234 since 05 September 2019 and is currently estimated at $2,317,060, approximately $231 per square foot. This property was built in 2005. 4661 E Outer Dr is a home located in Wayne County with nearby schools including Marion Law Academy, Edward 'Duke' Ellington Conservatory of Music and Art, and Charles L. Spain Elementary-Middle School.

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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