NOT LISTED FOR SALE

4741 W Buena Vista St Detroit, MI 48238

Russell Woods Neighborhood

Estimated Value: $112,000 - $141,000

5 Beds
2 Baths
2,716 Sq Ft
$45/Sq Ft Est. Value

Last Sold October 15, 2021

Last sale price $95,000 $35 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $926/month

24 Days on Market

Highlights

  • Hot Water Heating System
  • Cass Technical High School Rated 10
  • 4-minute walk to Russell Woods Park

About This Home

As of October 2021

This well maintained, tenant occupied, brick duplex has a 3 Bedroom / 1 Bathroom unit on the first floor; and a 2 Bedroom / 1 Bathroom unit on the 2nd floor. There is also a 1/2 Bathroom in the basement. The property boasts a generous size Living Room, Dining Room, and Kitchen, and both units are occupied with up to date tenants, collectively paying $1,485 a month. Conveniently located in Russell Woods, which has easy access to the I-96, the Lodge Freeway, and is a 10 minute drive to Downtown Detroit. Please do not disturb tenants. NO SHOWINGS UNTIL AN ACCEPTED OFFER. Act now, you deserve to own a piece of Detroit’s comeback!

Last Agent to Sell the Property

Ishma Best

PREP Realty License #6502415723 Listed on: 09/13/2021

Last Buyer's Agent

Jessica Webley

Slater Signature Homes License #6501413760

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925 | Remodeled in 2020

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 37.00x119.00

Home Design

  • Duplex
  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • 2 Full Bathrooms
  • 2,716 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number W14I005170S

Community Details

Overview

  • 2 Units
  • Russell Woods Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Year Built

Built in 1925 | Remodeled in 2020

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 2 Story
  • Year Built: 1925
  • State Equalized Value: 25700.0000
  • Year Renovated: 2020
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 2716
  • Total Sq Ft: 2716
  • Sq Ft Total Bsmt: 1300

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Brick/Mortar
  • Frontage Feet: 37
  • Road Frontage Type: Pub. Sidewalk

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Hot Water
  • Sewer: Sewer at Street
  • Water Source: Public (Municipal)

Schools

  • School District: Detroit

Lot Info

  • Lot Size Area: 0.10
  • Lot Dimensions: 37.00X119.00
  • Parcel Number: W14I005170S
  • Zoning: Residential
  • Percent Homestead Exempt: Yes

Rental Info

  • Monthly Rental Income: 1485

Tax Info

  • Tax Amount Summer: 2371.0000
  • Tax Amount Winter: 244.0000
  • Total Tax: 2615.0000
  • Taxable Value: 25700.0000

Multi Family

  • Gross Scheduled Income: 17820.00
  • Number Of Units Total: 2
  • Unit Count: 2
  • Number of Three 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
Sep 13, 2021
Closed on
Oct 19, 2021
Sold by
Jones Aiexander
Bought by
Woodstock & Webb Llc
Seller's Agent
Ishma Best
PREP Realty
Buyer's Agent
Jessica Webley
Slater Signature Homes
List Price
$105,000
Sold Price
$95,000
Premium/Discount to List
-$10,000
-9.52%
Current Estimated Value
$121,086

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,086
Avg. Annual Appreciation
7.19%

Purchase Details

Closed on
Aug 10, 2021
Sold by
Afolabi Ayodele A
Bought by
Teseay Investments Llc

Purchase Details

Listed on
Jul 5, 2019
Closed on
Sep 11, 2019
Sold by
Keys Allen
Bought by
Afolabi Ayodele A
Seller's Agent
Frederick Tavolette
Century 21 Curran & Oberski
Buyer's Agent
Robert Funk
RE/MAX First
List Price
$60,000
Sold Price
$65,000
Premium/Discount to List
$5,000
8.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.47%

Purchase Details

Listed on
Jan 24, 2015
Closed on
Mar 2, 2015
Sold by
Deborah Harris Major and Deborah Fravors
Bought by
Keys Allen
Seller's Agent
Stella Kelsey
National Realty Centers, Inc
Buyer's Agent
Frederick Tavolette
Century 21 Curran & Oberski
List Price
$14,000
Sold Price
$11,000
Premium/Discount to List
-$3,000
-21.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
48.02%

Purchase Details

Closed on
Feb 20, 2004
Sold by
Harris Malcom John
Bought by
Harris Major

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,950
Interest Rate
7.3%
Mortgage Type
Unknown
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
Woodstock & Webb Llc -- None Available
Jones Alexander $95,000 Title Solutions Agency Llc
Teseay Investments Llc -- None Available
Afolabi Ayodele A $65,000 Title One Inc
Keys Allen $11,000 Red Carpet Title Agency Llc
Harris Major $87,000 Title Direct
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Keys Allen $18,400
Previous Owner Harris Major $73,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2021 10/15/21 Sold $95,000 -9.1% $35 / Sq Ft
10/08/2021 10/08/21 Pending -- -- --
09/28/2021 09/28/21 Price Changed $104,500 -0.5% $38 / Sq Ft
09/13/2021 09/13/21 For Sale $105,000 +61.5% $39 / Sq Ft
09/11/2019 09/11/19 Sold $65,000 +8.3% $24 / Sq Ft
07/09/2019 07/09/19 Pending -- -- --
07/05/2019 07/05/19 For Sale $60,000 +445.5% $22 / Sq Ft
03/02/2015 03/02/15 Sold $11,000 -21.4% $4 / Sq Ft
02/20/2015 02/20/15 Pending -- -- --
01/24/2015 01/24/15 For Sale $14,000 -- $5 / 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 $3,214 $75,600 $0 $0
2024 $3,214 $58,100 $0 $0
2023 $3,371 $47,300 $0 $0
2022 $3,818 $37,500 $0 $0
2021 $2,615 $27,600 $0 $0
2020 $2,614 $25,700 $0 $0
2019 $1,451 $19,500 $0 $0
2018 $1,284 $19,800 $0 $0
2017 $228 $19,500 $0 $0
2016 $1,399 $39,100 $0 $0
2015 $1,490 $14,900 $0 $0
2013 $2,064 $20,638 $0 $0
2010 -- $20,577 $942 $19,635
Source: Public Records

Agents Affiliated with this Home

  • I

    Seller's Agent in 2021

    Ishma Best

    PREP Realty

    Section Image
  • Jessica Webley

    Buyer's Agent in 2021

    Jessica Webley

    Slater Signature Homes

    (313) 309-7047

    1 in this area

    17 Total Sales

    Jessica Webley
    Section Image

  • F

    Seller's Agent in 2019

    Frederick Tavolette

    Century 21 Curran & Oberski

    Section Image
  • Robert Funk

    Buyer's Agent in 2019

    Robert Funk

    RE/MAX of Southeast Michigan

    (586) 215-8177

    2 in this area

    200 Total Sales

    Robert Funk
    Section Image

  • S

    Seller's Agent in 2015

    Stella Kelsey

    National Realty Centers, Inc

    Section Image
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Map

Source: Realcomp

MLS Number: 2210076505

Realcomp

APN: 14-005170

Michigan Wayne County Detroit 48238 Russell Woods

4741 W Buena Vista St, Detroit, MI

This home is located at 4741 W Buena Vista St, Detroit, MI 48238 since 13 September 2021 and is currently estimated at $121,086, approximately $44 per square foot. This property was built in 1925. 4741 W Buena Vista St is a home located in Wayne County with nearby schools including Durfee Elementary-Middle School, 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.

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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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