NOT LISTED FOR SALE

5050 Ivanhoe St Detroit, MI 48204

Tireman Neighborhood

Estimated Value: $72,000 - $114,652

4 Beds
6 Baths
2,016 Sq Ft
$43/Sq Ft Est. Value

Last Sold April 25, 2019

Last sale price $12,000 $6 Per Sq Ft

Est. 624% increase in value since last sale

Current estimated payment $554/month

14 Days on Market

Highlights

  • Covered Patio or Porch
  • Balcony
  • Garage
  • Cass Technical High School Rated 10
  • Forced Air Heating System

About This Home

As of April 2019

West Side Detroit Duplex. 2 bedroom 1 bathroom per unit. Minutes away from Boston Edison, Virginia Park, New Center, Woodbridge and Corktown. Take Grand River straight into Downtown. Owners live in one unit and rent the other out! Perfect for investors as well. Sold as-is

Last Agent to Sell the Property

Mikhail Grigoryan

Level Plus License #6501386801 Listed on: 03/27/2019

Last Buyer's Agent

Mikhail Grigoryan

Level Plus License #RCO-6501386801

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1916

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 30x120

Parking

  • Garage

Home Design

  • Duplex
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 2,016 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units
  • Joseph Tireman Subdivision

Listing and Financial Details

  • Assessor Parcel Number W16I003027S

Property Details

Home Type

Multi-Family

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 2 Story
  • Assessment: 340
  • Year Built: 1916
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 4.20
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 2016
  • Total Sq Ft: 2016
  • Sq Ft Total Bsmt: 1008

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block
  • Frontage Feet: 30
  • Porch Type: Balcony, Porch - Covered
  • Road Frontage Type: Paved

Garage/Parking

  • MF Parking: Garages

Utilities

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

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 250000.0000
  • Lot Size Area: 0.08
  • Lot Dimensions: 30x120
  • Parcel Number: W16I003027S
  • Zoning: Residential

Rental Info

  • Monthly Rental Income: 1300

Tax Info

  • Tax Amount Summer: 1022.0000
  • Tax Amount Winter: 82.0000
  • Total Tax: 1104.0000

Multi Family

  • Gross Scheduled Income: 15600.00
  • Number Of Units Total: 2
  • Unit Count: 2
  • Number of Two Bedroom Units: 2

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 13, 2023
Sold by
Artesian Partners Llc
Bought by
Rodriguez Erick
Current Estimated Value
$86,913

Purchase Details

Closed on
Oct 7, 2022
Sold by
Westbrook Inv Group Llc
Bought by
Artesian Partners Llc

Purchase Details

Closed on
Oct 6, 2022
Sold by
Wayne County Treasurer
Bought by
Westbrook Investments Group Llc

Purchase Details

Listed on
Mar 27, 2019
Closed on
Apr 19, 2019
Sold by
Wayne County International Llc
Bought by
Mia Contractors Inc
Seller's Agent
Mikhail Grigoryan
Level Plus
Buyer's Agent
Mikhail Grigoryan
Level Plus
List Price
$20,000
Sold Price
$12,000
Premium/Discount to List
-$8,000
-40%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.48%

Purchase Details

Closed on
Nov 29, 2017
Sold by
Sabree Eric R
Bought by
Wayne County International Llc

Purchase Details

Closed on
Mar 3, 2014
Sold by
Home Source Detroit Ii Llc
Bought by
Hood Doyle A

Purchase Details

Closed on
Nov 16, 2012
Sold by
Wayne County Treasurer
Bought by
Home Source Detroit Ii 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
Rodriguez Erick -- None Listed On Document
Rodriguez Erick -- None Listed On Document
Artesian Partners Llc -- None Listed On Document
Artesian Partners Llc -- None Listed On Document
Westbrook Investments Group Llc $13,324 --
Mia Contractors Inc $12,000 None Available
Wayne County International Llc $2,000 None Available
Hood Doyle A $2,500 None Available
Home Source Detroit Ii Llc $800 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/25/2019 04/25/19 Sold $12,000 -40.0% $6 / Sq Ft
04/10/2019 04/10/19 Pending -- -- --
03/27/2019 03/27/19 For Sale $20,000 -- $10 / 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 $1,196 $30,800 $0 $0
2024 $1,196 $27,100 $0 $0
2023 $1,407 $21,500 $0 $0
2022 $1,494 $17,200 $0 $0
2021 $1,455 $14,500 $0 $0
2020 $1,455 $12,600 $0 $0
2019 $1,143 $13,800 $0 $0
2018 $1,022 $12,400 $0 $0
2017 $165 $12,700 $0 $0
2016 $1,105 $38,400 $0 $0
2015 $910 $9,100 $0 $0
2013 $848 $12,570 $0 $0
2010 -- $18,010 $623 $17,387
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2019

    Mikhail Grigoryan

    Level Plus

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Map

Source: Realcomp

MLS Number: 219025568

Realcomp

APN: 16-003027

Michigan Wayne County Detroit 48204 Tireman

5050 Ivanhoe St, Detroit, MI

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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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