$317,500
SOLD DEC 29, 2021
5 Beds
5 Baths
2,794 Sq Ft
5,227 Sq Ft Lot

Recently Sold

$114 Per Sq Ft

15% Below List Price

103 Days on Market

About This Home

As of July 2024

AWESOME OPPORTUNITY IN WOODBRIDGE!! Woodbridge is a historic neighborhood of primarily Victorian homes within walking or biking distance of Wayne State University, Downtown, Midtown, New Center and Corktown. There are plenty of parks, trendy bars, restaurants, and coffee shops. Because of the central location and bike lanes you can find many young professionals enjoying the diverse neighborhood. This property is a two family home with two bedrooms and a loft upstairs. The upstairs also has three full bath rooms (master bath), with vaulted ceilings and hardwood floors. The lower unit has two bedrooms and two full bathrooms (master bath).Newer Roof, New Gutters Installed (2021!) This home is perfect for someone that wants to be a landlord. Rents are going for approximately $1600 on the low end. This is also a great area for an Airbnb. Don't miss the opportunity to see this property it is in a great location right in the heart of Woodbridge!! ALL OFFERS WILL BE CONSIDERED.

Last Agent to Sell the Property

Faye Baker

Baker & Associates Realty Group LLC License #6501358475 Listed on: 07/20/2021

Last Buyer's Agent

Todd Sykes

Berkshire Hathaway HomeServices The Loft Warehouse License #6501379736

Berkshire Hathaway HomeServices The Loft Warehouse

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1905

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 40.00x130.00

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • 5 Full Bathrooms
  • 2,794 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 W08I005862S

Community Details

Overview

  • 2 Units
  • Avery & Murphys Sub Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,792

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Year Built: 1905
  • State Equalized Value: 28800.0000
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 5.00
  • Full Bathrooms: 5
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 2794
  • Total Sq Ft: 2794
  • Sq Ft Total Bsmt: 1378

Exterior Features

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

Garage/Parking

  • MF Parking: On Street

Utilities

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

Schools

  • School District: Detroit

Lot Info

  • Lot Size Area: 0.12
  • Lot Dimensions: 40.00X130.00
  • Parcel Number: W08I005862S
  • Zoning: Residential
  • Percent Homestead Exempt: Yes

Tax Info

  • Tax Amount Summer: 1636.0000
  • Tax Amount Winter: 156.0000
  • Total Tax: 1792.0000
  • Taxable Value: 16405.0000

Multi Family

  • Number Of Units Total: 2
  • Unit Count: 2
  • Number of Three Bedroom Units: 1
  • Number of Two Bedroom Units: 1

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2023
Closed on
Jul 11, 2024
Sold by
4727 Trumbull Llc
Bought by
Vang Advisory Llc
Seller's Agent
Todd Sykes
Berkshire Hathaway HomeServices The Loft Warehouse
Buyer's Agent
Randall Fogelman
O'Connor Realty Detroit, LLC
List Price
$695,000
Sold Price
$665,000
Premium/Discount to List
-$30,000
-4.32%
Views
278
Current Estimated Value
$588,269

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$76,731
Avg. Annual Appreciation
-9.66%
Original Mortgage
$463,065
Outstanding Balance
$458,352
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$131,530

Purchase Details

Closed on
Aug 12, 2022
Sold by
Lukas Bondy
Bought by
4727 Trumbull Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,000
Interest Rate
5.51%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 20, 2021
Closed on
Dec 29, 2021
Sold by
Michael Williams
Bought by
Bondy Lukas
Seller's Agent
Faye Baker
Baker & Associates Realty Group LLC
Buyer's Agent
Todd Sykes
Berkshire Hathaway HomeServices The Loft Warehouse
List Price
$375,000
Sold Price
$317,500
Premium/Discount to List
-$57,500
-15.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.17%

Purchase Details

Listed on
Mar 31, 2020
Closed on
Sep 30, 2020
Sold by
Neal Ray William
Bought by
Williams Michael
Seller's Agent
Juanita Wade
McNeal OBrien Team LLC
Buyer's Agent
Faye Baker
Baker & Associates Realty Group LLC
List Price
$350,000
Sold Price
$300,000
Premium/Discount to List
-$50,000
-14.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.80%
Original Mortgage
$36,212
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 2003
Sold by
Commonwealth Properties Inc
Bought by
Neal Ray William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,740
Interest Rate
5.69%
Mortgage Type
FHA
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 $665,000 None Listed On Document
Warranty Deed $665,000 None Listed On Document
Quit Claim Deed -- Minnesota Title
Warranty Deed $317,500 None Listed On Document
Warranty Deed $300,000 None Available
Warranty Deed $300,000 None Listed On Document
Corporate Deed $160,000 First Title Corporation
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $463,065 New Conventional
Closed $463,065 New Conventional
Previous Owner $368,000 New Conventional
Previous Owner $36,212 New Conventional
Previous Owner $294,325 New Conventional
Previous Owner $165,000 New Conventional
Previous Owner $158,740 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2024 07/11/24 Sold $665,000 -3.6% $238 / Sq Ft
04/15/2024 04/15/24 Pending -- -- --
02/02/2024 02/02/24 Price Changed $690,000 -0.7% $247 / Sq Ft
11/20/2023 11/20/23 For Sale $695,000 +118.9% $249 / Sq Ft
12/29/2021 12/29/21 Sold $317,500 -9.3% $114 / Sq Ft
11/01/2021 11/01/21 Pending -- -- --
09/15/2021 09/15/21 Price Changed $350,000 -6.7% $125 / Sq Ft
07/20/2021 07/20/21 For Sale $375,000 +25.0% $134 / Sq Ft
10/12/2020 10/12/20 Sold $300,000 0.0% $107 / Sq Ft
07/23/2020 07/23/20 Off Market $300,000 -- --
07/23/2020 07/23/20 Pending -- -- --
03/31/2020 03/31/20 For Sale $350,000 -- $125 / 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 $15,295 $266,100 $0 $0
2024 $15,295 $226,100 $0 $0
2023 $15,129 $192,100 $0 $0
2022 $2,042 $95,000 $0 $0
2021 $1,792 $30,800 $0 $0
2020 $1,792 $28,800 $0 $0
2019 $1,618 $20,400 $0 $0
2018 $1,408 $18,400 $0 $0
2017 $292 $15,400 $0 $0
2016 $2,054 $86,800 $0 $0
2015 $2,140 $21,400 $0 $0
2013 $2,535 $25,347 $0 $0
2010 -- $37,162 $528 $36,634
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2210057597

Realcomp

APN: 08-005862