$73,000
SOLD MAR 29, 2013

476 Prentis St Unit 5 Detroit, MI 48201

Midtown Neighborhood
2 Beds
1 Bath
717 Sq Ft
$146/mo HOA Fee

Recently Sold

$102 Per Sq Ft

7% Below List Price

59 Days on Market

Highlights

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

About This Home

As of October 2018

MIDTOWN. INCENTIVE ELIGIBLE. SLEEK, CONTEMPORARY SUNLIT CONDO FEATURING HARDWOOD FLOORS, STAINLESS APP, NEW KITCHEN & DISHWASHER, SLATE BATH. ONE PARKING SPACE, PORCH. LAUNDRY HOOKUP IN BASEMENT. STEPS FROM CAMPUS & NEAR MEDICAL CENTER, CULTURAL CENTER. LOW CONDO FEE . NEZ ABATEMENT AVAIL. TAXES ARE NON-HOMESTEAD. 24 HR. NOTICE TO SHOW.

Last Agent to Sell the Property

Margaret Palmer

Renaissance Investment Co, Inc License #6501281386 Listed on: 12/15/2012

Last Buyer's Agent

Margaret Palmer

Renaissance Investment Co, Inc License #RCO-6501281386

Property Details

Home Type

  • Condominium

Est. Annual Taxes

Year Built

  • Built in 1929 | Remodeled in 2007

HOA Fees

  • $146 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 717 Sq Ft Home
  • Basement Fills Entire Space Under The House

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Exterior Lighting
  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number W02I000911
  • $2,190 Seller Concession

Community Details

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,006

Year Built

Built in 1929 | Remodeled in 2007

Lot Details

0

HOA Fees

$146 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: Apartment
  • Year Built: 1929
  • Year Renovated: 2007
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Cable Available
  • Room Count: 5
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Common
  • Kitchen Appliances: Dishwasher, Disposal, Refrigerator, Range/Stove
  • Sq Ft Combined: 717
  • Total Sq Ft: 717

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: Lighting
  • Porch Type: Porch
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: No Garage

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Water
  • Association Fee Frequency: Monthly
  • Association Fee: 146
  • Association Fee: No

Schools

  • School District: Detroit

Lot Info

  • Parcel Number: W02I000911

Tax Info

  • Tax Amount Summer: 932.0000
  • Tax Amount Winter: 74.0000
  • Total Tax: 1006.0000

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%
Current Estimated Value
$267,890

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,890
Avg. Annual Appreciation
2.63%
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

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 $223,000 Etitle Agency Inc
Warranty Deed $73,000 Greco Title Agency Llc
Quit Claim Deed -- None Available
Quit Claim Deed $37,000 Rels Title
Sheriffs Deed $137,061 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,007,000 New Conventional
Previous Owner $90,100 New Conventional
Previous Owner $58,400 New Conventional
Previous Owner $7,300 Credit Line Revolving
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
2025 $691 $107,500 $0 $0
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: 212125259

Realcomp

APN: 02-000911-005