NOT LISTED FOR SALE

5048 Nottingham Rd Detroit, MI 48224

Morningside Neighborhood

Estimated Value: $71,000 - $125,115

2 Beds
2.5 Baths
1,462 Sq Ft
$70/Sq Ft Est. Value

Last Sold December 14, 2012

Last sale price $6,000 $4 Per Sq Ft

Est. 1,596% increase in value since last sale

Current estimated payment $642/month

231 Days on Market

About This Home

As of December 2012

RENTER - OCCUPIED DWELLING. THIS PROPERTY IS GOING THROUGH 3RD PARTY APPROVAL. GREAT INVESTMENT OPORTUNITY FOR THE INVESTOR. PROPERTY IS BEING SOLD IN AN "AS IS CONDITION". BUYER SHALL PAY A $500.00 PROCESSING FEE TO THE SELLING BROKER AT CLOSING.

Last Agent to Sell the Property

LaNay Harris

C-RED Realty Group, LLC License #6502426552 Listed on: 02/07/2012

Last Buyer's Agent

Lanay Harris

C-RED Realty Group, LLC License #RCO-6502426552

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1927

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 40x126

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,462 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Sewer in Street

Community Details

  • 2 Units
  • Nottingham Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number W21I066447S
  • $900 Seller Concession

Property Details

Home Type

Multi-Family

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Level: 2 Story
  • Assessment: YES
  • Year Built: 1927
  • Special Features: 12
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 3891
  • Sq Ft Lower Floor: 2429
  • Total Sq Ft: 1462

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Aluminum, Brick
  • Road Frontage Type: Paved
  • Sideof Street: E

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Hot Water
  • Sewer: Public Sewer (Sewer-Sanitary), Sewer at Street
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 50000.0000
  • Lot Size Area: 0.12
  • Lot Dimensions: 40X126
  • Parcel Number: W21I066447S
  • Zoning: Multi-Family
  • Homestead Percent: 0 Percent

Rental Info

  • Rent Includes: Water/Sewer

Tax Info

  • Tax Amount Summer: 2429.0000
  • Tax Amount Winter: 228.0000
  • Total Tax: 2657.0000

Multi Family

  • Number Of Units Total: 2
  • Number of Efficiency Units: 1
  • Number of Two Bedroom Units: 1
  • Number Of Units Leased: 2

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 21, 2021
Sold by
Community Real Estate Development
Bought by
5048 Nottingham Road Industries Llc
Current Estimated Value
$101,779

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,750
Outstanding Balance
$98,887
Interest Rate
2.9%
Mortgage Type
Commercial
Estimated Equity
$6,269

Purchase Details

Closed on
Jun 11, 2021
Sold by
Jones Debra and Jones Christopher Debra
Bought by
Community Real Estate Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,750
Outstanding Balance
$98,887
Interest Rate
2.9%
Mortgage Type
Commercial
Estimated Equity
$6,269

Purchase Details

Closed on
Mar 4, 2013
Sold by
Larkin Antonio
Bought by
New Detroit Property Management

Purchase Details

Listed on
Feb 7, 2012
Closed on
Nov 29, 2012
Sold by
Christopher Nathaniel and Jones Christopher Debra
Bought by
Larkin Antonio
Seller's Agent
LaNay Harris
C-RED Realty Group, LLC
Buyer's Agent
Lanay Harris
C-RED Realty Group, LLC
List Price
$6,000
Sold Price
$6,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.29%
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
5048 Nottingham Road Industries Llc $15,000 Fidelity Title
5048 Nottingham Road Industries Llc $15,000 None Listed On Document
Community Real Estate Development Llc -- None Available
New Detroit Property Management -- None Available
Larkin Antonio $6,000 Bell Title Agency Plymouth
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 5048 Nottingham Road Industries Llc $108,750
Closed 5048 Nottingham Road Industries Llc $108,750
Previous Owner Christopher Nathaniel $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2012 12/14/12 Sold $6,000 0.0% $4 / Sq Ft
09/25/2012 09/25/12 Pending -- -- --
02/07/2012 02/07/12 For Sale $6,000 -- $4 / 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 $1,044 $49,400 $0 $0
2024 $1,044 $40,600 $0 $0
2023 $1,259 $31,900 $0 $0
2022 $1,334 $25,600 $0 $0
2021 $1,788 $20,600 $0 $0
2020 $1,300 $19,000 $0 $0
2019 $1,283 $17,300 $0 $0
2018 $1,141 $14,900 $0 $0
2017 $193 $13,800 $0 $0
2016 $1,239 $11,900 $0 $0
2015 $1,190 $11,900 $0 $0
2013 $2,133 $21,330 $0 $0
2010 -- $31,272 $1,077 $30,195
Source: Public Records

Agents Affiliated with this Home

  • LaNay Harris

    Seller's Agent in 2012

    LaNay Harris

    C-RED Realty Group, LLC

    (313) 477-4910

    32 Total Sales

    LaNay Harris
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Map

Source: Realcomp

MLS Number: 212015519

Realcomp

APN: 21-066447

Michigan Wayne County Detroit 48224 Morningside

5048 Nottingham Rd, Detroit, MI

This home is located at 5048 Nottingham Rd, Detroit, MI 48224 since 07 February 2012 and is currently estimated at $101,779, approximately $69 per square foot. This property was built in 1927. 5048 Nottingham Rd is a home located in Wayne County with nearby schools including Ronald Brown Academy, Edward 'Duke' Ellington Conservatory of Music and Art, and Charles L. Spain Elementary-Middle School.

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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