NOT LISTED FOR SALE

4840 Saint Clair St Detroit, MI 48214

West End Neighborhood

Estimated Value: $73,000 - $126,947

2 Beds
2 Baths
2,062 Sq Ft
$49/Sq Ft Est. Value

Last Sold January 10, 2022

Last sale price $70,000 $34 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $673/month

69 Days on Market

About This Home

As of January 2022

**Buyer financing denied, act quick!** Great investment opportunity! Both units are currently rented out month-month. Home is located in a desirable area and is located close to major roads, schools, shopping, and dining spots. $650 a month each, landlord pays water, tenants pay the rest. BTVAI.

Last Agent to Sell the Property

Jeff Glover

KW Professionals License #6501317808 Listed on: 10/22/2021

KW Professionals

Co-Listed By

Sean Konja

KW Professionals License #6501408625

Last Buyer's Agent

Ryan Warren

EXP Realty LLC License #RCO-6501391587

EXP Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1916

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 30.00x112.00

Home Design

  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 2 Full Bathrooms
  • 2,062 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number W21I038685S

Community Details

Overview

  • 2 Units
  • H A Strasburg Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$546

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Assessment: 340
  • Year Built: 1916
  • State Equalized Value: 11800.0000
  • 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: 2062
  • Total Sq Ft: 2062
  • Sq Ft Total Bsmt: 1008

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Wood
  • Foundation Materials: Poured
  • Frontage Feet: 30
  • Road Frontage Type: Paved

Utilities

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

Schools

  • School District: Detroit

Lot Info

  • Lot Size Area: 0.08
  • Lot Dimensions: 30.00X112.00
  • Parcel Number: W21I038685S
  • Zoning: Multi-Family
  • Percent Homestead Exempt: Yes

Rental Info

  • Legal Rental Certified: Yes
  • Monthly Rental Income: 1300

Tax Info

  • Tax Amount Summer: 519.0000
  • Tax Amount Winter: 27.0000
  • Total Tax: 546.0000
  • Taxable Value: 2941.0000

Multi Family

  • Gross Scheduled Income: 15600.00
  • Number Of Units Total: 2
  • Number of One Bedroom Units: 2

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2021
Closed on
Jan 7, 2022
Sold by
Alma Shannon
Bought by
Ah Motor City Owner I Llc
Seller's Agent
Jeff Glover
KW Professionals
Buyer's Agent
Ryan Warren
EXP Realty LLC
List Price
$74,900
Sold Price
$70,000
Premium/Discount to List
-$4,900
-6.54%
Current Estimated Value
$99,914

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,914
Avg. Annual Appreciation
8.91%
Original Mortgage
$3,000,000
Outstanding Balance
$2,809,049
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
-$2,713,937

Purchase Details

Closed on
Nov 9, 2005
Sold by
Maxie Kenneth and Maxie Lorna
Bought by
Shannon Alma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,600
Interest Rate
8.02%
Mortgage Type
Fannie Mae Freddie Mac
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 $70,000 None Listed On Document
Ah Motor City Owner I Llc $70,000 None Listed On Document
Shannon Alma $64,000 Independence Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ah Motor City Owner Llc $3,000,000
Previous Owner Shannon Alma $57,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2022 01/10/22 Sold $70,000 -6.5% $34 / Sq Ft
12/31/2021 12/31/21 Pending -- -- --
12/21/2021 12/21/21 For Sale $74,900 0.0% $36 / Sq Ft
11/10/2021 11/10/21 Pending -- -- --
10/22/2021 10/22/21 For Sale $74,900 -- $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 $1,508 $27,600 $0 $0
2024 $1,508 $22,300 $0 $0
2023 $1,710 $17,800 $0 $0
2022 $805 $13,700 $0 $0
2021 $597 $11,800 $0 $0
2020 $597 $11,600 $0 $0
2019 $592 $10,700 $0 $0
2018 $554 $10,100 $0 $0
2017 $52 $10,400 $0 $0
2016 $580 $2,800 $0 $0
2015 $280 $2,800 $0 $0
2013 $317 $3,165 $0 $0
2010 -- $4,640 $407 $4,233
Source: Public Records

Agents Affiliated with this Home

  • Jeff Glover

    Seller's Agent in 2022

    Jeff Glover

    KW Professionals

    (734) 259-1100

    1 in this area

    2,299 Total Sales

    Section Image
  • Sean Konja

    Seller Co-Listing Agent in 2022

    Sean Konja

    KW Professionals

    (248) 762-9186

    1 in this area

    499 Total Sales

    Section Image

  • R

    Buyer's Agent in 2022

    Ryan Warren

    EXP Realty LLC

    (734) 846-3269

    1 in this area

    15 Total Sales

    Section Image
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Map

Source: Realcomp

MLS Number: 2210089142

Realcomp

APN: 21-038685

Michigan Wayne County Detroit 48213 West End

4840 Saint Clair St, Detroit, MI

This home is located at 4840 Saint Clair St, Detroit, MI 48214 since 22 October 2021 and is currently estimated at $100,237, approximately $48 per square foot. This property was built in 1916. 4840 Saint Clair St is a home located in Wayne County with nearby schools including Hutchinson Elementary-Middle School, Edward 'Duke' Ellington Conservatory of Music and Art, and Charles L. Spain Elementary-Middle School.

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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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