NOT LISTED FOR SALE

4900 Cortland St Detroit, MI 48204

Russell Woods Neighborhood

Estimated Value: $99,000 - $140,285

6 Beds
2 Baths
2,400 Sq Ft
$51/Sq Ft Est. Value

Last Sold October 17, 2023

Last sale price $125,000 $52 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $693/month

11 Days on Market

Highlights

  • Covered Patio or Porch
  • Forced Air Heating System
  • Private Entrance
  • Cass Technical High School Rated 10
  • 2 Car Garage

About This Home

As of October 2023

Great Investment property to add to your portfolio or great for starting your investment portfolio. Living above your investment allowing the one unit to pay the mortgage, in this Updated brick 2 family unit with 3 bedrooms each. kitchen and bathrooms updated each unit 2020. All new windows upstairs unit 2020. New Furnace and hot water tank 2020. both units freshly painted. New insulation 2020. Separate gas meter, shared water meter and 2 car garage.

Last Agent to Sell the Property

Alfredia Spates

Keller Williams Home License #6501308180 Listed on: 09/05/2023

Keller Williams Home

Last Buyer's Agent

Jessica Tremonti

Century 21 Curran & Oberski License #6501364166

Century 21 Curran & Oberski

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1925

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 35.00 x 100.00
  • Private Entrance

Parking

  • 2 Car Garage

Home Design

  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 2 Full Bathrooms
  • 2,400 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number W14I004572S

Community Details

Overview

  • 2 Units
  • Russell Woods Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$962

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Year Built: 1925
  • State Equalized Value: 15600.0000
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Circuit Breakers
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 2400

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: Lighting, Private Entry
  • Foundation Materials: Poured
  • Porch Type: Porch - Covered, Porch
  • Road Frontage Type: Paved

Garage/Parking

  • Garage: Yes
  • MF Parking: Garages
  • Total Parking Spaces: 2

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air, Separate Meters
  • Sewer: Sewer at Street
  • Water Source: Water at Street

Lot Info

  • Lot Size Area: 0.08
  • Lot Dimensions: 35.00 x 100.00
  • Parcel Number: W14I004572S
  • Zoning: Multi-Family

Tax Info

  • Tax Amount Summer: 858.0000
  • Tax Amount Winter: 104.0000
  • Total Tax: 962.0000
  • Taxable Value: 10998.0000

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2023
Closed on
Nov 15, 2023
Sold by
Vanderbilt Tyler and Vanderbilt Olivia
Bought by
Alexe-Vanderbilt Llc
Seller's Agent
Alfredia Spates
Keller Williams Home
Buyer's Agent
Jessica Tremonti
Century 21 Curran & Oberski
List Price
$130,000
Sold Price
$125,000
Premium/Discount to List
-$5,000
-3.85%
Views
16
Current Estimated Value
$122,571

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,429
Avg. Annual Appreciation
-0.96%

Purchase Details

Listed on
Sep 5, 2023
Closed on
Oct 16, 2023
Sold by
Williams Kelly
Bought by
Vanderbilt Tyler and Vanderbilt Olivia
Seller's Agent
Alfredia Spates
Keller Williams Home
Buyer's Agent
Jessica Tremonti
Century 21 Curran & Oberski
List Price
$130,000
Sold Price
$125,000
Premium/Discount to List
-$5,000
-3.85%
Views
16

Purchase Details

Closed on
Jan 21, 2023
Sold by
Garrett Chantique
Bought by
Williams Kelly

Purchase Details

Closed on
Dec 18, 2019
Sold by
The Detroit Land Bank Authority
Bought by
Garrett Chantique

Purchase Details

Closed on
Aug 21, 2017
Sold by
The Detoriot Land Bank Authority
Bought by
Lock Automotive Group

Purchase Details

Closed on
May 19, 2014
Sold by
The City Of Detroit
Bought by
The Detroit Land Bank Authority

Purchase Details

Closed on
Jan 6, 2011
Sold by
Wojtowicz Raymond J
Bought by
Planning & Development Dept City Of Detr
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
Alexe-Vanderbilt Llc -- None Listed On Document
Vanderbilt Tyler $125,000 None Listed On Document
Williams Kelly $1,000 --
Garrett Chantique $44,000 None Available
Lock Automotive Group $1,200 None Available
The Detroit Land Bank Authority -- None Available
Planning & Development Dept City Of Detr -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/17/2023 10/17/23 Sold $125,000 -3.8% $52 / Sq Ft
09/16/2023 09/16/23 Pending -- -- --
09/05/2023 09/05/23 For Sale $130,000 -- $54 / 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 $612 $49,000 $0 $0
2024 $612 $6,800 $0 $0
2023 $771 $5,600 $0 $0
2022 $1,301 $15,600 $0 $0
2021 $1,269 $11,500 $0 $0
2020 $929 $0 $0 $0
2019 $1,023 $0 $0 $0
2018 $948 $7,900 $0 $0
2017 -- $0 $0 $0
2016 $340 $0 $0 $0
2015 -- $0 $0 $0
2013 $1,247 $0 $0 $0
2010 -- $20,045 $811 $19,234
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2023

    Alfredia Spates

    Keller Williams Home

    (248) 914-0773

    1 in this area

    22 Total Sales

    Alfredia Spates
    Section Image
  • Jessica Tremonti

    Buyer's Agent in 2023

    Jessica Tremonti

    Century 21 Curran & Oberski

    (313) 478-0819

    1 in this area

    289 Total Sales

    Jessica Tremonti
    Section Image
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Map

Source: Realcomp

MLS Number: 20230074851

Realcomp

APN: 14-004572

Michigan Wayne County Detroit 48204 Russell Woods

4900 Cortland St, Detroit, MI

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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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