NOT LISTED FOR SALE

4830 Grayton St Detroit, MI 48224

East English Village Neighborhood

Estimated Value: $258,000 - $511,000

4 Beds
5 Baths
2,922 Sq Ft
$135/Sq Ft Est. Value

Last Sold August 02, 2019

Last sale price $162,000 $55 Per Sq Ft

Est. 144% increase in value since last sale

Current estimated payment $2,748/month

2 Days on Market

Highlights

  • Porch
  • Lobby
  • Heating System Uses Steam
  • Cass Technical High School Rated 10
  • Hot Water Heating System
  • Walk-Up Access

About This Home

As of August 2019

Turn Key multifamily investment opportunity in East English Village. This property has passed all Detroit Certificate of Compliance requirements and is 100% occupied with monthly rents of $2710/mo ($32,520/year). Well cared for property with newer roof, vinyl Wallside windows, and countless other updates. Please do not approach tenants or enter property. Showings will be arranged once an offer or letter of intent has been presented. This is an extremely rare opportunity to own a piece of Detroit without starting from scratch.

Last Agent to Sell the Property

Jeffrey Scott

NextHome Edge License #6501292878 Listed on: 06/24/2019

NextHome Edge

Last Buyer's Agent

David Brooks

Detroit Real Estate Advisors, LLC License #6502410003

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1931

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 41.00x168.50

Parking

  • Paved Parking

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Poured Concrete
  • Asphalt Roof
  • Masonry

Interior Spaces

  • 5 Full Bathrooms
  • 2,922 Sq Ft Home
  • 2-Story Property
  • Carbon Monoxide Detectors

Finished Basement

  • Basement Fills Entire Space Under The House
  • Walk-Up Access

Outdoor Features

  • Porch

Utilities

  • Hot Water Heating System
  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Shared Water Meter
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number W21I073969S

Community Details

Overview

  • 5 Units
  • Arthur J Scullys Vogt Farm Sub Subdivision

Amenities

  • Lobby

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,543

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Common Entry Building
  • Architecture Level: 2 Story
  • Year Built: 1931
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Carbon Monoxide Alarm(s)
  • Total Bathrooms: 5.00
  • Full Bathrooms: 5
  • Basement: Yes
  • Basement Type: Common, Finished, Walk-Up Access
  • Sq Ft Combined: 3422
  • Sq Ft Lower Floor: 500
  • Total Sq Ft: 2922
  • Sq Ft Total Bsmt: 1400

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Block/Concrete/Masonry, Brick
  • Foundation Materials: Block, Poured
  • Porch Type: Porch
  • Road Frontage Type: Paved

Garage/Parking

  • MF Parking: Paved

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Hot Water, Steam
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Common, Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 1012500.0000
  • Lot Size Area: 0.16
  • Lot Dimensions: 41.00X168.50
  • Parcel Number: W21I073969S
  • Zoning: Multi-Family

Rental Info

  • Rent Includes: Snow Removal, Water/Sewer, Yard Maintenance
  • Legal Rental Certified: Yes
  • Monthly Rental Income: 2710

Tax Info

  • Tax Amount Summer: 1411.0000
  • Tax Amount Winter: 132.0000
  • Total Tax: 1543.0000

Multi Family

  • Gross Scheduled Income: 32520.00
  • Number Of Units Total: 5
  • Unit Count: 2
  • Number of Efficiency Units: 1
  • Number of One Bedroom Units: 4
  • Number Of Units Leased: 5

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2019
Closed on
Jul 27, 2019
Sold by
Perez Pedro M and Perez Agustina Q
Bought by
Motown Moresco Llc
Seller's Agent
Jeffrey Scott
NextHome Edge
Buyer's Agent
David Brooks
Detroit Real Estate Advisors, LLC
List Price
$162,000
Sold Price
$162,000
Current Estimated Value
$395,459

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$233,459
Avg. Annual Appreciation
14.97%

Purchase Details

Closed on
Jun 6, 2017
Sold by
Perez Pedro M and Perez Agustina Q
Bought by
Perez Pedro M

Purchase Details

Listed on
Jul 16, 2014
Closed on
Oct 23, 2014
Sold by
Kuchulan Thomas and Kuchulan Brenda
Bought by
Perez Pedro
Seller's Agent
Thom Kuchulan
RE/MAX First
Buyer's Agent
John Lewis
Max Broock, REALTORS®-Birmingham
List Price
$149,900
Sold Price
$135,000
Premium/Discount to List
-$14,900
-9.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.96%
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
Motown Moresco Llc $162,000 Liberty Title
The Perez Family Revocable 2006 Trust -- Liberty Title
Perez Pedro M -- None Available
Perez Pedro $135,000 Etitle
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2019 08/02/19 Sold $162,000 0.0% $55 / Sq Ft
06/26/2019 06/26/19 Pending -- -- --
06/24/2019 06/24/19 For Sale $162,000 +20.0% $55 / Sq Ft
10/23/2014 10/23/14 Sold $135,000 0.0% $32 / Sq Ft
10/23/2014 10/23/14 Sold $135,000 -9.9% $48 / Sq Ft
09/19/2014 09/19/14 Pending -- -- --
09/19/2014 09/19/14 Pending -- -- --
07/16/2014 07/16/14 For Sale $149,900 0.0% $54 / Sq Ft
03/25/2014 03/25/14 For Sale $149,900 -- $36 / 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 $7,131 $271,300 $0 $0
2024 $7,131 $241,700 $0 $0
2023 $6,937 $189,500 $0 $0
2022 $7,483 $140,000 $0 $0
2021 $7,242 $89,800 $0 $0
2020 $7,240 $79,100 $0 $0
2019 $1,500 $59,800 $0 $0
2018 $1,411 $47,300 $0 $0
2017 $258 $40,000 $0 $0
2016 $1,541 $14,200 $0 $0
2015 $1,420 $14,200 $0 $0
2013 $1,969 $19,688 $0 $0
2010 -- $27,326 $2,026 $25,300
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2019

    Jeffrey Scott

    NextHome Edge

    (734) 846-3833

    23 Total Sales

    Jeffrey Scott
    Section Image

  • D

    Buyer's Agent in 2019

    David Brooks

    Detroit Real Estate Advisors, LLC

    (313) 333-1506

    73 Total Sales

    David Brooks
    Section Image
  • Thom Kuchulan

    Seller's Agent in 2014

    Thom Kuchulan

    RE/MAX

    (313) 530-6000

    34 Total Sales

    Thom Kuchulan
    Section Image
  • John Lewis

    Buyer's Agent in 2014

    John Lewis

    Max Broock, REALTORS®-Birmingham

    (248) 906-9674

    82 Total Sales

    John Lewis
    Section Image
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Map

Source: Realcomp

MLS Number: 219061532

Realcomp

APN: 21-073969

Michigan Wayne County Detroit 48224 East English Village

4830 Grayton St, Detroit, MI

This home is located at 4830 Grayton St, Detroit, MI 48224 since 24 June 2019 and is currently estimated at $395,459, approximately $135 per square foot. This property was built in 1931. 4830 Grayton St is a home located in Wayne County with nearby schools including Marquette Elementary-Middle School, Edward 'Duke' Ellington Conservatory of Music and Art, and Charles L. Spain Elementary-Middle School.

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.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
Copyright 2025 Realcomp II Ltd. Shareholders
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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