$75,000
SOLD SEP 17, 2024
4 Beds
2 Baths
2,332 Sq Ft
3,049 Sq Ft Lot

Recently Sold

$32 Per Sq Ft

24% Below List Price

35 Days on Market

Highlights

  • Colonial Architecture
  • Lobby
  • 5-minute walk to Perrien Park
  • Cass Technical High School Rated 10
  • Forced Air Heating System

About This Home

As of September 2024

Perfect Commercial Property with Storefront and Living Quarters! **INVESTOR SPECIAL ** This versatile property, featuring commercial zoning, offers endless possibilities. The first floor was previously a retail establishment with a walk-in cooler. Rent out the other units with separate, private entrances at the rear and front. The property is located in a quiet, up-and-coming neighborhood, featuring a fenced backyard that could be utilized for parking and plenty of street parking available. With 5 total bedrooms, a den and 2 bathrooms, this property will fit all of your needs under one roof!! BATVAI Contact Derick McKinney for any questions!

Last Agent to Sell the Property

LaShawn Peterson

EXP Realty Main License #6501404511 Listed on: 07/31/2024

EXP Realty Main

Co-Listed By

Derick McKinney

EXP Realty Main License #6501450309

Last Buyer's Agent

Muffy Kroha

Max Broock, REALTORS®-Detroit License #6501397471

Max Broock, REALTORS®-Detroit

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1910

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 28.00 x 107.00

Home Design

  • Colonial Architecture

Interior Spaces

  • 2 Full Bathrooms
  • 2,332 Sq Ft Home
  • 3-Story Property
  • Crawl Space

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number W11I003901S

Community Details

Overview

  • 2 Units
  • Reidys Sub Subdivision

Amenities

  • Lobby

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$516

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Colonial, Common Entry Building
  • Architecture Level: 3 Story
  • Assessment: 100.00
  • Year Built: 1910
  • State Equalized Value: 34800.0000
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Sq Ft Combined: 2332
  • Total Sq Ft: 2332

Exterior Features

  • Foundation Details: Crawl
  • Construction Materials: Aluminum
  • Road Frontage Type: Paved

Utilities

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

Schools

  • School District: Detroit

Lot Info

  • Lot Size Area: 0.07
  • Lot Dimensions: 28.00 x 107.00
  • Parcel Number: W11I003901S
  • Zoning: Multi-Family

Rental Info

  • Deposit Amount: 45000.00

Tax Info

  • Tax Amount Summer: 471.0000
  • Tax Amount Winter: 45.0000
  • Total Tax: 516.0000
  • Taxable Value: 4823.0000

Multi Family

  • Number Of Units Total: 2
  • Number of Two Bedroom Units: 2

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2024
Closed on
Sep 17, 2024
Sold by
Jd Brothers Inc
Bought by
Kessler Kira and Hergenreder Eric
Seller's Agent
LaShawn Peterson
EXP Realty Main
Buyer's Agent
Muffy Kroha
Max Broock, REALTORS®-Detroit
List Price
$99,000
Sold Price
$75,000
Premium/Discount to List
-$24,000
-24.24%
Views
40
Current Estimated Value
$75,096

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96
Avg. Annual Appreciation
0.13%

Purchase Details

Closed on
Jan 1, 2018
Sold by
Hassan Mohamed and Hussen Badria
Bought by
Jd Brothers Inc
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 Type Sale Price Title Company
Warranty Deed $75,000 None Listed On Document
Warranty Deed $75,000 None Listed On Document
Quit Claim Deed -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2024 09/17/24 Sold $75,000 -24.2% $32 / Sq Ft
09/04/2024 09/04/24 Pending -- -- --
07/31/2024 07/31/24 For Sale $99,000 -- $42 / 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 $481 $52,900 $0 $0
2024 $481 $46,400 $0 $0
2023 $471 $34,800 $0 $0
2022 $502 $31,400 $0 $0
2021 $488 $21,600 $0 $0
2020 $488 $17,600 $0 $0
2019 $1,525 $16,100 $0 $0
2018 $424 $6,500 $0 $0
2017 $78 $5,600 $0 $0
2016 $463 $58,700 $0 $0
2015 $407 $5,000 $0 $0
2013 $395 $4,590 $0 $0
2010 -- $4,943 $989 $3,954
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20240055871

Realcomp

APN: 11-003901