$89,000
SOLD JUN 7, 2013

4716 Avery St Detroit, MI 48208

Woodbridge Neighborhood
3 Beds
2 Baths
2,511 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$35 Per Sq Ft

36 Days on Market

Highlights

  • Deck
  • Porch
  • Forced Air Heating and Cooling System
  • Cass Technical High School Rated 10

About This Home

As of July 2016

WOODBRIDGE HISTORIC DISTRICT. Midtown Incentive Eligible Vintage 2-unit property.Live in one unit and rent the other unit to help pay the note. Originally a single family home. Updates include 2 newer furnaces and central air, newer siding and newer roof. Nice sized back yard with 2-car garage and automatic door openers. Parking for an additional car next to the garage. Currently tenant occupied.Tenants pay gas and electric. See Agent Comments.

Last Agent to Sell the Property

Margaret Palmer

Renaissance Investment Co, Inc License #6501281386 Listed on: 04/28/2013

Last Buyer's Agent

Brandon Lee

O'Connor Realty License #RCO-6501306924

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1900

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 36 x 130

Parking

  • 3 Parking Spaces

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 2 Full Bathrooms
  • 2,511 Sq Ft Home
  • 3-Story Property
  • Basement

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Natural Gas Water Heater

Community Details

  • 2 Units
  • William B Wessons Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number W08I007015S

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$563

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Upper/Lower Apartment
  • Architecture Level: 3 Story
  • Assessment: YES
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Interior Amenities: Antennae
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Sq Ft Combined: 2511
  • Total Sq Ft: 2511

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Vinyl, Wood
  • Frontage Feet: 36
  • Porch Type: Deck, Porch
  • Road Frontage Type: Paved

Garage/Parking

  • Total Parking Spaces: 3

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air, Separate Meters
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 809091.0000
  • Lot Size Area: 0.11
  • Lot Dimensions: 36 X 130
  • Parcel Number: W08I007015S
  • Zoning: Multi-Family
  • Homestead Percent: 0 Percent

Rental Info

  • Rent Includes: Water/Sewer
  • Monthly Rental Income: 1000

Tax Info

  • Tax Amount Summer: 509.0000
  • Tax Amount Winter: 54.0000
  • Total Tax: 563.0000

Multi Family

  • Gross Scheduled Income: 12000.00
  • Number Of Units Total: 2
  • Number of One Bedroom Units: 1
  • Number of Two Bedroom Units: 1
  • Number Of Units Leased: 2

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2016
Closed on
Jul 29, 2016
Sold by
Mercer Daniel E and Mercer Laura K
Bought by
Cisler Andrew Scott
Seller's Agent
Margaret Palmer
Renaissance Investment Co, Inc
Buyer's Agent
Vincent Mazzola
O'Connor Realty
List Price
$299,500
Sold Price
$299,500
Current Estimated Value
$418,458

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,958
Avg. Annual Appreciation
3.88%
Original Mortgage
$270,000
Outstanding Balance
$179,650
Interest Rate
3.48%
Mortgage Type
New Conventional
Estimated Equity
$244,232

Purchase Details

Listed on
Apr 28, 2013
Closed on
Jun 10, 2013
Sold by
Jenson Martha K
Bought by
Demartin Dean J
Seller's Agent
Margaret Palmer
Renaissance Investment Co, Inc
Buyer's Agent
Brandon Lee
O'Connor Realty
List Price
$89,000
Sold Price
$89,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
47.00%
Original Mortgage
$54,000
Interest Rate
5%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Apr 28, 2013
Closed on
Jun 7, 2013
Sold by
Demartin Dean J
Bought by
Koch Mercer Daniel E and Koch Mercer Laura
Seller's Agent
Margaret Palmer
Renaissance Investment Co, Inc
Buyer's Agent
Brandon Lee
O'Connor Realty
List Price
$89,000
Sold Price
$89,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
5%
Mortgage Type
Seller Take Back
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 Type Sale Price Title Company
Warranty Deed $299,500 E Title Agency Inc
Warranty Deed $89,000 E Title Agency Inc
Warranty Deed $20,000 Michigan Title Insurance Age
Land Contract $89,000 Michigan Title Insurance Age
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $270,000 New Conventional
Closed $14,500 Stand Alone Second
Previous Owner $54,000 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2016 07/29/16 Sold $299,500 0.0% $119 / Sq Ft
06/10/2016 06/10/16 Pending -- -- --
06/06/2016 06/06/16 For Sale $299,500 +236.5% $119 / Sq Ft
06/07/2013 06/07/13 Sold $89,000 0.0% $35 / Sq Ft
06/03/2013 06/03/13 Pending -- -- --
04/28/2013 04/28/13 For Sale $89,000 -- $35 / 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 $1,136 $183,500 $0 $0
2024 $1,136 $155,300 $0 $0
2023 $1,101 $132,000 $0 $0
2022 $963 $77,800 $0 $0
2021 $1,174 $25,400 $0 $0
2020 $1,161 $23,800 $0 $0
2019 $1,144 $17,000 $0 $0
2018 $979 $14,700 $0 $0
2017 $233 $12,300 $0 $0
2016 $492 $62,900 $0 $0
2015 $693 $8,400 $0 $0
2013 $672 $8,388 $0 $0
2010 -- $9,753 $528 $9,225
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2016

    Margaret Palmer

    Renaissance Investment Co, Inc

    Section Image
  • Vincent Mazzola

    Buyer's Agent in 2016

    Vincent Mazzola

    O'Connor Realty

    (313) 704-2678

    2 in this area

    100 Total Sales

    Vincent Mazzola
    Section Image
  • Brandon Lee

    Buyer's Agent in 2013

    Brandon Lee

    O'Connor Realty

    (313) 963-9761

    14 Total Sales

    Brandon Lee
    Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 213039263

Realcomp

APN: 08-007015

Michigan Wayne County Detroit 48208 Woodbridge

4716 Avery St, Detroit, MI

This home is located at 4716 Avery St, Detroit, MI 48208 and is currently priced at $89,000, approximately $35 per square foot. This property was built in 1900. 4716 Avery St is a home located in Wayne County with nearby schools including Burton International Academy, Charles L. Spain Elementary-Middle School, and Edward 'Duke' Ellington Conservatory of Music and Art.

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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