NOT LISTED FOR SALE

494 W Savannah St Highland Park, MI 48203

Grixdale Farms Neighborhood

Estimated Value: $108,873 - $127,000

6 Beds
2 Baths
1,920 Sq Ft
$61/Sq Ft Est. Value

Last Sold August 28, 2023

Last sale price $100,000 $52 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $804/month

8 Days on Market

Highlights

  • Deck
  • Balcony
  • Awning
  • Cass Technical High School Rated 10
  • Porch
  • Forced Air Heating System

About This Home

As of August 2023

INVESTMENT OPPORTUNITY!! COME CHECK OUT THIS MONEY MAKER. BOTH UNITS ARE RENTED OUT TO SECTION 8 TENANTS. BOTH PAYING $900 PER MONTH! RENOVATIONS DONE TO THE KITCHEN AND BATHROOMS. GOOD TENANTS IN PLACE. LOCATION IS PHENOMENAL! JUST EAST OF WOODWARD AVE! NOT FAR FROM DOWNTOWN DETROIT, FERNDALE, AND ROYAL OAK ALL WITHIN A FEW MILES. INQUIRE TODAY AND ADD THIS BEAUTIFUL ASSET TO YOUR PORTFOLIO!

Last Agent to Sell the Property

Jay Kabbani

Keller Williams Legacy License #6501401180 Listed on: 07/05/2023

Keller Williams Legacy

Last Buyer's Agent

Rondre Brooks

New Way Realty Partners License #6501388750

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1924 | Remodeled in 2023

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 30.00 x 100.00

Home Design

  • Brick Foundation
  • Vinyl Construction Material

Interior Spaces

  • 2 Full Bathrooms
  • 1,920 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Awning
  • Unfinished Basement

Outdoor Features

  • Balcony
  • Deck
  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number W01I005613S
  • $6,000 Seller Concession

Community Details

Overview

  • 2 Units
  • Parkside Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,756

Year Built

Built in 1924 | Remodeled in 2023

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Assessment: 340.00
  • Year Built: 1924
  • State Equalized Value: 16200.0000
  • Year Renovated: 2023
  • Pets Allowed: Yes
  • Special Features: NewHome
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 1920
  • Total Sq Ft: 1920
  • Sq Ft Total Bsmt: 912

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Vinyl, Wood
  • Exterior Features: Awning/Overhang(s)
  • Foundation Materials: Brick/Mortar
  • Frontage Feet: 30
  • Porch Type: Balcony, Deck, Porch
  • Road Frontage Type: Paved

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s)
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Fee Information

  • Operating Expense: 7116.00

Schools

  • School District: Detroit

Lot Info

  • Lot Size Area: 0.07
  • Lot Dimensions: 30.00 x 100.00
  • Parcel Number: W01I005613S
  • Zoning: Multi-Family

Rental Info

  • Rent Includes: Water, Yard Maintenance
  • Monthly Rental Income: 1800

Tax Info

  • Tax Amount Summer: 1603.0000
  • Tax Amount Winter: 153.0000
  • Total Tax: 1756.0000
  • Taxable Value: 16200.0000

Multi Family

  • Gross Scheduled Income: 21600.00
  • Number Of Units Total: 2
  • Unit Count: 2
  • Number of Three Bedroom Units: 2
  • Number Of Units Leased: 2

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 27, 2025
Sold by
Fr8 Properties Llc
Bought by
Zupermotion Llc
Current Estimated Value
$116,968

Purchase Details

Listed on
Jul 5, 2023
Closed on
Aug 28, 2023
Sold by
Almonds 1 Llc
Bought by
Fr8 Properties Llc
Seller's Agent
Jay Kabbani
Keller Williams Legacy
Buyer's Agent
Rondre Brooks
New Way Realty Partners
List Price
$110,000
Sold Price
$100,000
Premium/Discount to List
-$10,000
-9.09%
Views
86

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.28%
Original Mortgage
$755,000
Interest Rate
7.09%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 12, 2021
Closed on
Jul 9, 2021
Sold by
Wecan Investments Llc
Bought by
Almonds 1 Llc
Seller's Agent
Guy Gailliard
Realtyflo Inc
Buyer's Agent
Bryan Redmond
Downtown Realty
List Price
$75,000
Sold Price
$68,000
Premium/Discount to List
-$7,000
-9.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.35%

Purchase Details

Listed on
Feb 12, 2021
Closed on
Jun 24, 2021
Sold by
Bishop Kurt
Bought by
Wecan Investments Llc
Seller's Agent
Guy Gailliard
Realtyflo Inc
Buyer's Agent
Bryan Redmond
Downtown Realty
List Price
$75,000
Sold Price
$68,000
Premium/Discount to List
-$7,000
-9.33%

Purchase Details

Listed on
Feb 12, 2021
Closed on
Jun 12, 2021
Sold by
Bishop John Wesley
Bought by
Bishop Kurt
Seller's Agent
Guy Gailliard
Realtyflo Inc
Buyer's Agent
Bryan Redmond
Downtown Realty
List Price
$75,000
Sold Price
$68,000
Premium/Discount to List
-$7,000
-9.33%

Purchase Details

Closed on
Oct 28, 2019
Sold by
Holsey Vanessa A
Bought by
Howard Schwartz Real Estate Llc

Purchase Details

Closed on
Jul 7, 2011
Sold by
Holsey Vanessa
Bought by
Bishop John Wesley

Purchase Details

Closed on
Oct 28, 2008
Sold by
Hsbc Bank Usa National Association
Bought by
Holsey Vanessa

Purchase Details

Closed on
Oct 10, 2007
Sold by
Womack Andre
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Aug 8, 2006
Sold by
Karana Al
Bought by
Womack Andre

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,600
Interest Rate
9.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 17, 2006
Sold by
Fannie Mae
Bought by
Karana Al

Purchase Details

Closed on
Jan 26, 2005
Sold by
Mok Gary
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jul 25, 2002
Sold by
Mok Gary J
Bought by
Mok Enterprise Llc
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
Zupermotion Llc $9,000 None Listed On Document
Zupermotion Llc $9,000 None Listed On Document
Fr8 Properties Llc $100,000 Regions Title
Almonds 1 Llc $70,000 Regions Title Agency Llc
Wecan Investments Llc $68,000 Now Title Agency
Bishop Kurt -- New Title Company Name
Bishop Kurt -- Now Title Agency
Howard Schwartz Real Estate Llc -- None Available
Bishop John Wesley -- None Available
Holsey Vanessa $6,600 Attorneys Title Agency Llc
Hsbc Bank Usa National Association -- Attorneys Title Agency Llc
Wells Fargo Bank Na $109,298 None Available
Womack Andre $114,000 State Title Agency Inc
Karana Al $17,100 Great Lakes Title
Federal National Mortgage Association $49,610 --
Mok Enterprise Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fr8 Properties Llc $755,000
Previous Owner Womack Andre $102,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2023 08/28/23 Sold $100,000 -9.1% $52 / Sq Ft
07/13/2023 07/13/23 Pending -- -- --
07/05/2023 07/05/23 For Sale $110,000 +61.8% $57 / Sq Ft
06/24/2021 06/24/21 Sold $68,000 -9.3% $35 / Sq Ft
05/05/2021 05/05/21 Pending -- -- --
04/23/2021 04/23/21 For Sale $75,000 0.0% $39 / Sq Ft
04/16/2021 04/16/21 Pending -- -- --
04/07/2021 04/07/21 For Sale $75,000 0.0% $39 / Sq Ft
04/01/2021 04/01/21 Pending -- -- --
03/08/2021 03/08/21 For Sale $75,000 0.0% $39 / Sq Ft
02/14/2021 02/14/21 Pending -- -- --
02/12/2021 02/12/21 For Sale $75,000 -- $39 / 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 $2,021 $30,700 $0 $0
2024 $2,021 $25,500 $0 $0
2023 $1,649 $19,700 $0 $0
2022 $1,756 $16,200 $0 $0
2021 $1,675 $13,900 $0 $0
2020 $1,473 $12,800 $0 $0
2019 $788 $10,600 $0 $0
2018 $721 $9,600 $0 $0
2017 $92 $8,700 $0 $0
2016 $767 $23,900 $0 $0
2015 $560 $5,600 $0 $0
2013 $697 $6,973 $0 $0
2010 -- $10,223 $778 $9,445
Source: Public Records

Agents Affiliated with this Home

  • Jay Kabbani

    Seller's Agent in 2023

    Jay Kabbani

    Keller Williams Legacy

    (313) 502-0550

    1 in this area

    161 Total Sales

    Jay Kabbani
    Section Image

  • R

    Buyer's Agent in 2023

    Rondre Brooks

    New Way Realty Partners

    (313) 598-7872

    1 in this area

    114 Total Sales

    Rondre Brooks
    Section Image
  • Guy Gailliard

    Seller's Agent in 2021

    Guy Gailliard

    Realtyflo Inc

    (313) 315-3209

    1 in this area

    225 Total Sales

    Guy Gailliard
    Section Image
  • Bryan Redmond

    Buyer's Agent in 2021

    Bryan Redmond

    Downtown Realty

    (248) 930-8248

    1 in this area

    73 Total Sales

    Bryan Redmond
    Section Image
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Map

Source: Realcomp

MLS Number: 20230053925

Realcomp

APN: 01-005613

Michigan Wayne County Highland Park 48203 Grixdale Farms

494 W Savannah St, Highland Park, MI

This home is located at 494 W Savannah St, Highland Park, MI 48203 since 05 July 2023 and is currently estimated at $116,968, approximately $60 per square foot. This property was built in 1924. 494 W Savannah St is a home located in Wayne County with nearby schools including Greenfield Union Elementary-Middle School, Charles L. Spain Elementary-Middle School, and Edward 'Duke' Ellington Conservatory of Music and Art.

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
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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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