NOT LISTED FOR SALE

Estimated Value: $186,000 - $252,000

4 Beds
2 Baths
1,276 Sq Ft
$171/Sq Ft Est. Value

Last Sold June 19, 2017

Last sale price $86,000 $67 Per Sq Ft

Est. 170% increase in value since last sale

Current estimated payment $1,419/month

143 Days on Market

Highlights

  • Porch
  • Forced Air Heating System
  • Ceiling Fan

About This Home

As of June 2017

**NO SHOWINGS -SALE IN PROGRESS!**VERY WELL MAINTAINED 2-family (upper & lower apartment) home in a prime East Dearborn neighborhood. Great central location! Excellent return on investment! Main floor/lower apartment features include: kitchen, dining room, living room, 2 bedrooms, full bathroom and a large covered front porch. Upper apartment features include: kitchen, living room, 1 bedroom, full bathroom and own private entry. Updates include: newer dimensional roof, F/A furnace, newer basement replacement windows with screen and newer hot water tank. This multi-family home has 2 electrical meters, 2 gas meters and a full shared basement. Included appliances: 2 refrigerators, 2 stoves, 2 clothes washers and 1 clothes dryer. Seller providing the full Certificate of Occupancy. LOWER unit is currently leased. Easy showings. NO ZIP TOURS ALLOWED! SHOWING AGENT MUST BE PHYSICALLY PRESENT TO SHOW THIS PROPERTY!

Last Agent to Sell the Property

Robert Struk

Century 21 Curran & Oberski License #6501263518 Listed on: 12/07/2016

Century 21 Curran & Oberski

Last Buyer's Agent

Ali Beydoun

Keller Williams Legacy License #RCO

Keller Williams Legacy

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1928

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 35.00x113.00x35.00x113.00

Home Design

  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2 Full Bathrooms
  • 1,276 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Parking

  • Lighted Parking
  • Paved Parking
  • On-Street Parking
  • Unassigned Parking

Outdoor Features

  • Exterior Lighting
  • Porch

Utilities

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

Community Details

  • 2 Units
  • Schaefer Heights Sec 13 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 32820913407004

Property Details

Home Type

Multi-Family

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Year Built: 1928
  • 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: Common, Unfinished
  • Total Sq Ft: 1276

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Vinyl, Wood
  • Exterior Features: Lighting
  • Foundation Materials: Block
  • Porch Type: Porch
  • Road Frontage Type: Paved

Garage/Parking

  • MF Parking: Lighted, On Street, Paved, Unassigned/General

Utilities

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

Lot Info

  • List Price per Acre: 1110000.0000
  • Lot Size Area: 0.09
  • Lot Dimensions: 35.00X113.00x35.00x113.00
  • Parcel Number: 32820913407004
  • Zone Conform: Yes
  • Zoning: Multi-Family

Rental Info

  • Legal Rental Certified: Yes
  • Monthly Rental Income: 1025

Tax Info

  • Tax Amount Summer: 1974.0000
  • Tax Amount Winter: 240.0000
  • Total Tax: 2214.0000

Multi Family

  • Gross Scheduled Income: 12300.00
  • Number Of Units Total: 2

MLS Schools

  • School District: Dearborn

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2016
Closed on
Jun 19, 2017
Sold by
Perry Noel W and Perry Allan
Bought by
Farhat Hassan
Seller's Agent
Robert Struk
Century 21 Curran & Oberski
Buyer's Agent
Ali Beydoun
Keller Williams Legacy
List Price
$114,900
Sold Price
$86,000
Premium/Discount to List
-$28,900
-25.15%
Current Estimated Value
$232,298

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,298
Avg. Annual Appreciation
11.46%
Original Mortgage
$64,500
Outstanding Balance
$53,651
Interest Rate
4.02%
Mortgage Type
New Conventional
Estimated Equity
$164,460
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Farhat Hassan $86,000 Title One Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Farhat Hassan $64,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/19/2017 06/19/17 Sold $86,000 -25.2% $67 / Sq Ft
04/29/2017 04/29/17 Pending -- -- --
12/07/2016 12/07/16 For Sale $114,900 -- $90 / 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 $2,465 $89,900 $0 $0
2024 $2,481 $77,800 $0 $0
2023 $2,206 $64,700 $0 $0
2022 $2,540 $54,100 $0 $0
2021 $2,603 $51,300 $0 $0
2019 $2,567 $37,200 $0 $0
2018 $2,228 $33,400 $0 $0
2017 $486 $32,500 $0 $0
2016 $1,952 $35,200 $0 $0
2015 $2,994 $32,850 $0 $0
2013 $2,900 $29,000 $0 $0
2011 -- $30,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 216115077

Realcomp

APN: 32-09-134-07-004