NOT LISTED FOR SALE

4740 Commonwealth St Detroit, MI 48208

Woodbridge Neighborhood

Estimated Value: $389,000 - $450,367

3 Beds
3 Baths
3,032 Sq Ft
$140/Sq Ft Est. Value

Last Sold October 25, 2023

Last sale price $275,000 $91 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $2,813/month

19 Days on Market

Highlights

  • Colonial Architecture
  • Forced Air Heating System
  • 1 Car Garage
  • Cass Technical High School Rated 10

About This Home

As of October 2023

Welcome to 4740 Commonwealth. Step into history with this beautiful Victorian home in Woodbridge. Vintage details include pocket and French doors, coffered ceilings, wood trim, and a grand staircase. Enjoy an idyllic rear yard and deck, large covered front porch, and private second floor deck. The kitchen boasts an adjacent butler's pantry. Additional bedrooms on the second floor offer versatile space. Stay cozy with a newer furnace and water heater. Water proofed basement with interior and exterior french drains. The second level offers a full kitchen and bathroom has a separate entrance—ideal for Air BnB or multi-gen living. Near Wayne state University! Updates include new windows, new roof, new furnace and water heater. Built in 1898 by Robert Morton, the local bakery owner who introduced individually wrapped loaves of bread. Don't miss this gem—adjacent to Midtown, Corktown, WSU campus, and downtown. Call it home today!

Last Agent to Sell the Property

Al Abdallah

EXP Realty Main License #6501294150 Listed on: 07/19/2023

EXP Realty Main

Co-Listed By

Moe Kassem

EXP Realty Main License #6501438220

Last Buyer's Agent

Tom Ball

Real Estate One-Detroit License #RCO-6501317794

Real Estate One-Detroit

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1906

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 40.00 x 130.00

Parking

  • 1 Car Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 3 Full Bathrooms
  • 3,032 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number W08I006031S

Community Details

Overview

  • 2 Units
  • Avery & Murphys Sub Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,678

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Assessment: 340.00
  • Year Built: 1906
  • State Equalized Value: 105600.0000
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 3032
  • Total Sq Ft: 3032
  • Sq Ft Total Bsmt: 1485

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block
  • Frontage Feet: 40
  • Road Frontage Type: Paved

Garage/Parking

  • Garage: Yes
  • Total Parking Spaces: 1

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Schools

  • School District: Detroit

Lot Info

  • Lot Size Area: 0.12
  • Lot Dimensions: 40.00 x 130.00
  • Parcel Number: W08I006031S
  • Zoning: Multi-Family, Residential

Tax Info

  • Tax Amount Summer: 1518.0000
  • Tax Amount Winter: 160.0000
  • Total Tax: 1678.0000
  • Taxable Value: 16979.0000

Multi Family

  • Number Of Units Total: 2
  • Number of Four Bedroom Units: 1
  • Number of Three Bedroom Units: 1

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2023
Closed on
Oct 25, 2023
Sold by
Allen Virginia
Bought by
Kuper Matthew C
Seller's Agent
Al Abdallah
EXP Realty Main
Buyer's Agent
Tom Ball
Real Estate One-Detroit
List Price
$299,900
Sold Price
$275,000
Premium/Discount to List
-$24,900
-8.3%
Total Days on Market
19
Views
147
Current Estimated Value
$425,456

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,456
Avg. Annual Appreciation
31.13%

Purchase Details

Closed on
Jun 22, 2023
Sold by
Wayne County Bank
Bought by
Michigan Foreclosure Solution Llc
Source: Public Records

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Range of Values:

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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
Kuper Matthew C $275,000 None Listed On Document
Michigan Foreclosure Solution Llc $94,138 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Allen Virginia $20,000
Previous Owner Allen Virginia $36,400
Previous Owner Allen Virginia $25,000
Previous Owner Allen Virginia L $19,000
Previous Owner Allen Virginia $35,587
Previous Owner Allen Virginia L $60,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2023 10/25/23 Sold $275,000 -8.3% $91 / Sq Ft
08/07/2023 08/07/23 Pending -- -- --
07/19/2023 07/19/23 For Sale $299,900 -- $99 / 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
2024 $14,209 $211,500 $0 $0
2023 $1,389 $179,700 $0 $0
2022 $1,508 $105,600 $0 $0
2021 $1,465 $34,100 $0 $0
2020 $1,457 $31,800 $0 $0
2019 $1,433 $22,500 $0 $0
2018 $1,225 $21,900 $0 $0
2017 $289 $18,300 $0 $0
2016 $1,545 $99,000 $0 $0
2015 $1,504 $27,800 $0 $0
2013 $1,457 $32,916 $0 $0
2010 -- $48,261 $651 $47,610
Source: Public Records

Agents Affiliated with this Home

  • Al Abdallah

    Seller's Agent in 2023

    Al Abdallah

    EXP Realty Main

    (313) 718-5000

    1 in this area

    444 Total Sales

    Al Abdallah
    Section Image
  • Moe Kassem

    Seller Co-Listing Agent in 2023

    Moe Kassem

    EXP Realty Main

    (248) 847-8067

    1 in this area

    152 Total Sales

    Moe Kassem
    Section Image
  • Tom Ball

    Buyer's Agent in 2023

    Tom Ball

    Real Estate One-Detroit

    (313) 303-2247

    2 in this area

    85 Total Sales

    Tom Ball
    Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 20230057243

Realcomp

APN: 08-006031

Michigan Wayne County Detroit 48208 Woodbridge

4740 Commonwealth St, Detroit, MI

This home is located at 4740 Commonwealth St, Detroit, MI 48208 since 19 July 2023 and is currently estimated at $425,456, approximately $140 per square foot. This property was built in 1906. 4740 Commonwealth 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.

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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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