NOT LISTED FOR SALE

476 Prentis St Unit 5 Detroit, MI 48201

Midtown Neighborhood

Estimated Value: $257,000 - $314,000

2 Beds
1 Bath
717 Sq Ft
$195/mo HOA Fee

Last Sold October 09, 2018

Last sale price $223,000 $311 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $1,866/month

36 Days on Market

Highlights

  • Deck
  • Porch
  • Forced Air Heating System
  • Cass Technical High School Rated 10
  • Lobby
  • 3-minute walk to Midtown Detroit Dog Park

About This Home

As of October 2018

Priced reduced! This charming two bedroom condo is located in the heart of Midtown. Out your door are the conveniences you want - places to walk for dinner, the dog park is just a few blocks away, pick up a pizza, Thai, tacos, a bottle of wine, rent a bike, run to the grocery, over to the DIA, the galleries, take in a show, a ball game, a concert and after its over you're home in five minutes. Spacious floor plan features dark stained hardwood floors an open floor plan so that you can entertain your friends even if they are out on the deck just outside the kitchen door. This large kitchen features custom cabinets, stainless appliances, Corian countertops and room enough for a nice sized table. The deck is a great place to sit on a balmy summer evening, talk about good times and view the lights on Old Main just over the roof tops. Its Midtown, its what you want, where you want. Call your agent, come take a look! HOA $195.

Last Agent to Sell the Property

Margaret Palmer

Renaissance Investment Co, Inc License #6501281386 Listed on: 07/18/2018

Last Buyer's Agent

Anthony Fawaz

Keller Williams Legacy License #RCO

Keller Williams Legacy

Property Details

Home Type

  • Condominium

Est. Annual Taxes

Year Built

  • Built in 1920 | Remodeled in 2010

Lot Details

  • Historic Home

HOA Fees

  • $195 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Brick Foundation
  • Asphalt Roof

Interior Spaces

  • 717 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Natural lighting in basement

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Shared Water Meter
  • Sewer in Street
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number W02I000911S005

Community Details

Overview

  • Wayne County Condo Plan No 894 Subdivision

Amenities

  • Lobby

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,290

Year Built

Built in 1920 | Remodeled in 2010

Lot Details

0

HOA Fees

$195 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: Common Entry Building, Historic
  • Architecture Level: 3 Story
  • Year Built: 1920
  • Year Renovated: 2010
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Interior Amenities: High Spd Internet Avail
  • Room Count: 5
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Common, Daylight, Walkout Access
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Range/Stove, Washer
  • Sq Ft Combined: 717
  • Total Sq Ft: 717
  • Sq Ft Total Bsmt: 700

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Brick/Mortar
  • Porch Type: Deck, Porch
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s)
  • Heating: Forced Air
  • Sewer: Sewer at Street
  • Water Heater Fuel: Common
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association Fee: 195
  • Association Fee: Yes

Schools

  • School District: Detroit

Lot Info

  • Parcel Number: W02I000911S005

Tax Info

  • Tax Amount Summer: 1188.0000
  • Tax Amount Winter: 102.0000
  • Total Tax: 1290.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2018
Closed on
Oct 9, 2018
Sold by
Guido Gabriel R
Bought by
Abdullah Richard and Abdullah Denise
Seller's Agent
Margaret Palmer
Renaissance Investment Co, Inc
Buyer's Agent
Anthony Fawaz
Keller Williams Legacy
List Price
$249,900
Sold Price
$223,000
Premium/Discount to List
-$26,900
-10.76%
Total Days on Market
36
Current Estimated Value
$287,177

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,177
Avg. Annual Appreciation
2.74%
Original Mortgage
$2,007,000
Outstanding Balance
$1,778,527
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
-$1,511,590

Purchase Details

Listed on
Dec 15, 2012
Closed on
Mar 28, 2013
Sold by
Live Midtown Detroit Llc
Bought by
Guido Gabriel R
Seller's Agent
Margaret Palmer
Renaissance Investment Co, Inc
Buyer's Agent
Margaret Palmer
Renaissance Investment Co, Inc
List Price
$78,770
Sold Price
$73,000
Premium/Discount to List
-$5,770
-7.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.38%
Original Mortgage
$58,400
Interest Rate
4.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 27, 2012
Sold by
Debates Raymond
Bought by
Live Midtown Detroit Llc

Purchase Details

Closed on
Nov 2, 2011
Sold by
Michigan State Housing Development Autho
Bought by
Debates Raymond

Purchase Details

Closed on
Nov 10, 2010
Sold by
Strahan Andrew T
Bought by
Michigan State Housing Development Autho
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
Abdullah Richard $223,000 Etitle Agency Inc
Guido Gabriel R $73,000 Greco Title Agency Llc
Live Midtown Detroit Llc -- None Available
Debates Raymond $37,000 Rels Title
Michigan State Housing Development Autho $137,061 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abdullah Richard $2,007,000
Previous Owner Guido Gabriel R $90,100
Previous Owner Guido Gabriel R $58,400
Previous Owner Guido Gabriel R $7,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/09/2018 10/09/18 Sold $223,000 -5.1% $311 / Sq Ft
08/23/2018 08/23/18 Pending -- -- --
08/18/2018 08/18/18 Price Changed $234,900 -2.1% $328 / Sq Ft
08/07/2018 08/07/18 Price Changed $239,900 -4.0% $335 / Sq Ft
07/18/2018 07/18/18 For Sale $249,900 +242.3% $349 / Sq Ft
03/29/2013 03/29/13 Sold $73,000 -7.3% $102 / Sq Ft
02/12/2013 02/12/13 Pending -- -- --
12/15/2012 12/15/12 For Sale $78,770 -- $110 / 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 $691 $9,800 $0 $0
2023 $673 $9,800 $0 $0
2022 $728 $9,800 $0 $0
2021 $704 $9,800 $0 $0
2020 $943 $9,800 $0 $0
2019 $557 $7,800 $0 $0
2018 $254 $7,800 $0 $0
2017 $61 $7,800 $0 $0
2016 $525 $86,500 $0 $0
2015 $320 $3,200 $0 $0
2013 $323 $3,225 $0 $0
2010 -- $3,225 $3,225 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 218066555

Realcomp

APN: 02-000911-005