M
Seller's Agent in 2022
Marcus Edwards
Redfin Corporation
502 Smith St Detroit, MI 48202
North End NeighborhoodEstimated Value: $181,000 - $255,000
5
Beds
3
Baths
2,514
Sq Ft
$85/Sq Ft
Est. Value
Highlights
- Forced Air Heating System
- Cass Technical High School Rated 10
- 1-minute walk to Delores Bennett Park
About This Home
As of May 2022Investor Special! Excellent value on this 3 unit brick multi-family home with studio, 2 bedroom unit downstairs and 3 bedroom upstairs. Cove ceilings, hardwood floors, kitchen with eating area w/doorwall to deck. Corner house. Garage. No tenants. Close to proximity - Pierce elementary schools, main roads, shopping and dining! Hurry!!! This home will not last!
Last Agent to Sell the Property
Marcus Edwards
Redfin Corporation License #6501309672 Listed on: 04/18/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
Year Built
- Built in 1910
Lot Details
- 3,485 Sq Ft Lot
- Lot Dimensions are 30.00x115.00
Home Design
- Brick Exterior Construction
- Brick Foundation
Interior Spaces
- 3 Full Bathrooms
- 2,514 Sq Ft Home
- 2-Story Property
- Unfinished Basement
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
Community Details
- 3 Units
- Wm. Y. Hamlin & S. J. Browns Sub Subdivision
Listing and Financial Details
- Assessor Parcel Number W03I001944S
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 26, 2024
Sold by
Pereira Alejandro
Bought by
Pereira Alejandro and Pereira Sarah Helaine
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,250
Outstanding Balance
$338,492
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
-$124,234
Purchase Details
Listed on
Apr 18, 2022
Closed on
May 25, 2022
Sold by
Gibbs James
Bought by
Pereira Alejandro
Seller's Agent
Marcus Edwards
Redfin Corporation
Buyer's Agent
Alex Pereira
Secure Realty, LLC
List Price
$165,000
Sold Price
$134,000
Premium/Discount to List
-$31,000
-18.79%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.93%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Pereira Alejandro | -- | None Listed On Document | |
| Pereira Alejandro | -- | None Listed On Document | |
| Pereira Alejandro | $140,000 | Title Solutions |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Pereira Alejandro | $344,250 | |
| Closed | Pereira Alejandro | $344,250 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/24/2022 05/24/22 | Sold | $134,000 | -18.8% | $53 / Sq Ft |
| 04/18/2022 04/18/22 | Pending | -- | -- | -- |
| 04/18/2022 04/18/22 | For Sale | $165,000 | -- | $66 / Sq Ft |
Source: Realcomp
Tax History Compared to Growth
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 | $4,491 | $85,700 | $0 | $0 |
| 2024 | $4,197 | $72,200 | $0 | $0 |
| 2023 | $4,328 | $51,800 | $0 | $0 |
| 2022 | $766 | $32,500 | $0 | $0 |
| 2021 | $559 | $22,800 | $0 | $0 |
| 2020 | $559 | $21,500 | $0 | $0 |
| 2019 | $533 | $15,900 | $0 | $0 |
| 2018 | $501 | $15,300 | $0 | $0 |
| 2017 | $44 | $15,200 | $0 | $0 |
| 2016 | $524 | $29,100 | $0 | $0 |
| 2015 | $230 | $2,300 | $0 | $0 |
| 2013 | $242 | $2,418 | $0 | $0 |
| 2010 | -- | $3,206 | $482 | $2,724 |
Source: Public Records
Agents Affiliated with this Home
-
-
Paul Scott
Seller Co-Listing Agent in 2022
Paul Scott
Ambassador Real Estate Inc
(248) 671-3133
1 in this area
41 Total Sales
-
Alex Pereira
Buyer's Agent in 2022
Alex Pereira
Secure Realty, LLC
(248) 910-8826
2 in this area
15 Total Sales
Map
Source: Realcomp
MLS Number: 2220026497
APN: 03-001944
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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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