NOT LISTED FOR SALE

Estimated Value: $98,000 - $154,000

6 Beds
2 Baths
2,392 Sq Ft
$53/Sq Ft Est. Value

Last Sold December 10, 2021

Last sale price $120,000 $50 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $818/month

95 Days on Market

Highlights

  • Covered patio or porch
  • Forced Air Heating System
  • Private Entrance
  • Cass Technical High School Rated 10

About This Home

As of December 2021

Historic century old six bedroom multi family. Original architectural detailing. High ceilings. Upgrades have been done to mechanicals. Lower unit has updated kitchen and bathroom. ALL BRAND NEW WINDOWS! Easy access to Downtown and all freeways. Great income potential.

Last Agent to Sell the Property

Kathy Young

Real Estate One GPF License #6502392411 Listed on: 08/13/2021

Real Estate One GPF

Last Buyer's Agent

Greg White

Imagine Home Realty License #RCO-6501358183

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1913

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 30.00x118.00
  • Private Entrance

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Brick Foundation
  • Asphalt Roof

Interior Spaces

  • 2 Full Bathrooms
  • 2,392 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Outdoor Features

  • Covered patio or porch

Utilities

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

Community Details

  • 2 Units
  • Resub Of Zenders Subdivision

Listing and Financial Details

  • Assessor Parcel Number W17I010818S

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$956

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex, Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Year Built: 1913
  • State Equalized Value: 13200.0000
  • Pets Allowed: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished, Private
  • Sq Ft Combined: 2392
  • Total Sq Ft: 2392
  • Sq Ft Total Bsmt: 1202

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Wood
  • Exterior Features: Private Entry
  • Foundation Materials: Brick/Mortar
  • Frontage Feet: 30
  • Porch Type: Porch - Covered, Porch
  • Road Frontage Type: Paved

Garage/Parking

  • MF Parking: On Street

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Sewer at Street
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)

Schools

  • School District: Detroit

Lot Info

  • Lot Size Area: 0.08
  • Lot Dimensions: 30.00X118.00
  • Parcel Number: W17I010818S
  • Zoning: Residential

Rental Info

  • Monthly Rental Income: 2400

Tax Info

  • Tax Amount Summer: 890.0000
  • Tax Amount Winter: 66.0000
  • Total Tax: 956.0000
  • Taxable Value: 6956.0000

Multi Family

  • Gross Scheduled Income: 28800.00
  • Number Of Units Total: 2
  • Unit Count: 1
  • Number of Three Bedroom Units: 2

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2021
Closed on
Dec 10, 2021
Sold by
Smith Spring
Bought by
Ah Motor City Owner I Llc
Seller's Agent
Kathy Young
Real Estate One GPF
Buyer's Agent
Greg White
Imagine Home Realty
List Price
$150,000
Sold Price
$120,000
Premium/Discount to List
-$30,000
-20%
Current Estimated Value
$127,240

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,240
Avg. Annual Appreciation
5.23%
Original Mortgage
$3,000,000
Outstanding Balance
$2,786,710
Interest Rate
3.09%
Mortgage Type
Commercial
Estimated Equity
-$2,642,099

Purchase Details

Closed on
May 28, 2020
Sold by
Smith Brenda E
Bought by
Smith Spring
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
Ah Motor City Owner I Llc $120,000 Abstract Title Agency
Smith Spring -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ah Motor City Owner I Llc $3,000,000
Previous Owner Smith Spring $56,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2021 12/10/21 Sold $120,000 -20.0% $50 / Sq Ft
11/17/2021 11/17/21 Pending -- -- --
11/04/2021 11/04/21 For Sale $150,000 0.0% $63 / Sq Ft
10/15/2021 10/15/21 Pending -- -- --
09/13/2021 09/13/21 Price Changed $150,000 -9.0% $63 / Sq Ft
08/13/2021 08/13/21 For Sale $164,900 -- $69 / 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 $1,379 $25,800 $0 $0
2024 $1,379 $21,400 $0 $0
2023 $1,585 $16,900 $0 $0
2022 $1,686 $15,400 $0 $0
2021 $956 $12,400 $0 $0
2020 $956 $13,200 $0 $0
2019 $944 $10,800 $0 $0
2018 $853 $9,300 $0 $0
2017 $124 $10,300 $0 $0
2016 $916 $9,800 $0 $0
2015 $645 $9,800 $0 $0
2013 $625 $11,481 $0 $0
2010 -- $16,832 $364 $16,468
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2210067121

Realcomp

APN: 17-010818