NOT LISTED FOR SALE

Estimated Value: $110,000 - $157,000

2 Beds
2.5 Baths
2,388 Sq Ft
$55/Sq Ft Est. Value

Last Sold February 21, 2024

Last sale price $102,400 $43 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $1,024/month

15 Days on Market

Highlights

  • Forced Air Heating System
  • 2 Car Garage
  • 4-minute walk to Three Mile-Munich Park
  • Cass Technical High School Rated 10

About This Home

As of February 2024

Attention First time home buyers and Investors! Live in one unit and receive rent from other unit. This Multi-family home is located in Detroit hot Morningside neighborhood. Each unit includes 2 bedroom and 1 bath. Currently lower unit rented at $700 a month professionally managed by a management company. It is also located 10 minutes from Downtown Detroit.

Last Agent to Sell the Property

Omar Ghazzawi

Keller Williams Legacy License #6501370114 Listed on: 01/29/2024

Keller Williams Legacy

Last Buyer's Agent

Brenda Meeuwenberg

Coldwell Banker Professionals-Northville License #6501424527

Coldwell Banker Professionals-Northville

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40.00 x 114.00

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • 2,388 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 W21I070430S

Community Details

Overview

  • 2 Units
  • East Detroit Development Cos No 1 Subdivision

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 2 Story
  • Assessment: 340.00
  • Year Built: 1940
  • State Equalized Value: 48800.0000
  • Pets Allowed: Call
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 2388
  • Total Sq Ft: 2388
  • Sq Ft Total Bsmt: 1170

Exterior Features

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

Garage/Parking

  • Garage: Yes
  • Total Parking Spaces: 2

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: 0.11
  • Lot Dimensions: 40.00 x 114.00
  • Parcel Number: W21I070430S
  • Zoning: Multi-Family

Rental Info

  • Monthly Rental Income: 700

Tax Info

  • Tax Amount Summer: 4097.0000
  • Tax Amount Winter: 223.0000
  • Total Tax: 4320.0000
  • Taxable Value: 48800.0000

Multi Family

  • Gross Scheduled Income: 8400.00
  • Number Of Units Total: 2
  • Number of Two Bedroom Units: 1
  • Number Of Units Leased: 1

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 9, 2024
Sold by
Moulton Casey and Moulton Sara
Bought by
Trusty Casey Llc
Current Estimated Value
$132,357

Purchase Details

Listed on
Jan 29, 2024
Closed on
Feb 20, 2024
Sold by
Cole Lawrence L
Bought by
Moulton Casey and Moulton Sara
Seller's Agent
Omar Ghazzawi
Keller Williams Legacy
Buyer's Agent
Brenda Meeuwenberg
Coldwell Banker Professionals-Northville
List Price
$109,900
Sold Price
$102,400
Premium/Discount to List
-$7,500
-6.82%
Views
27

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.50%

Purchase Details

Listed on
Nov 20, 2019
Closed on
Jun 3, 2022
Sold by
4714 Devonshire Management Llc
Bought by
Cole Lawrence L
Seller's Agent
Alex Handy
National Realty Centers, Inc
Buyer's Agent
Alex Handy
National Realty Centers, Inc
List Price
$95,000
Sold Price
$95,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.26%
Original Mortgage
$71,250
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 2, 2016
Sold by
Leg Ventures Llc
Bought by
4714 Devonshire Management Llc

Purchase Details

Closed on
Mar 28, 2016
Sold by
Gross Lindsay and Alpert Gross Jodi
Bought by
Leg Ventures Llc

Purchase Details

Closed on
Nov 10, 2015
Sold by
Treasurer Of The Charter County Of Wayne
Bought by
Gross Lindsay and Leg Ventures 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
Trusty Casey Llc -- None Listed On Document
Moulton Casey $102,400 None Listed On Document
Cole Lawrence L $95,000 None Listed On Document
4714 Devonshire Management Llc $40,000 Title Source
Leg Ventures Llc -- Title Source Inc
Gross Lindsay $4,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cole Lawrence L $71,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/21/2024 02/21/24 Sold $102,400 -6.8% $43 / Sq Ft
02/13/2024 02/13/24 Pending -- -- --
01/29/2024 01/29/24 For Sale $109,900 +15.7% $46 / Sq Ft
05/05/2022 05/05/22 Sold $95,000 0.0% $40 / Sq Ft View Prior Sale
03/01/2022 03/01/22 Pending -- -- --
09/10/2021 09/10/21 Price Changed $95,000 0.0% $40 / Sq Ft
09/10/2021 09/10/21 For Sale $95,000 -9.5% $40 / Sq Ft
03/17/2021 03/17/21 Pending -- -- --
02/04/2021 02/04/21 Price Changed $104,999 -0.5% $44 / Sq Ft
01/26/2021 01/26/21 Price Changed $105,500 -0.5% $44 / Sq Ft
11/19/2020 11/19/20 Price Changed $106,000 -1.4% $44 / Sq Ft
10/14/2020 10/14/20 Price Changed $107,500 -0.5% $45 / Sq Ft
10/09/2020 10/09/20 Price Changed $108,000 -1.7% $45 / Sq Ft
07/02/2020 07/02/20 Price Changed $109,900 -0.1% $46 / Sq Ft
07/02/2020 07/02/20 Price Changed $110,000 +15.8% $46 / Sq Ft
11/20/2019 11/20/19 For Sale $95,000 -- $40 / 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 $3,960 $74,300 $0 $0
2024 $3,960 $61,900 $0 $0
2023 $4,097 $48,800 $0 $0
2022 $2,408 $41,300 $0 $0
2021 $2,339 $33,300 $0 $0
2020 $2,339 $29,800 $0 $0
2019 $2,301 $25,700 $0 $0
2018 $2,007 $22,100 $0 $0
2017 $402 $21,200 $0 $0
2016 $1,737 $18,500 $0 $0
2015 $1,850 $18,500 $0 $0
2013 $2,497 $24,971 $0 $0
2010 -- $36,611 $1,309 $35,302
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20240005441

Realcomp

APN: 21-070430