NOT LISTED FOR SALE

Estimated Value: $43,000 - $209,000

6 Beds
2 Baths
2,927 Sq Ft
$49/Sq Ft Est. Value

Last Sold February 02, 2018

Last sale price $18,000 $6 Per Sq Ft

Est. 702% increase in value since last sale

Current estimated payment $868/month

49 Days on Market

Highlights

  • Covered patio or porch
  • Balcony
  • Private Entrance
  • Cass Technical High School Rated 10
  • Heating System Uses Steam
  • 5-minute walk to Perrien Park

About This Home

As of February 2018

***Investor Special*** 3 bedroom two family flats. High income potential.. The home is open to view.

Last Agent to Sell the Property

Catina Willis

EXP Realty Main License #6506045929 Listed on: 11/22/2017

Last Buyer's Agent

Tate Osten

Springview Realty License #RCO-6501395732

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 58.59x103.00
  • Private Entrance

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 2 Full Bathrooms
  • 2,927 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Outdoor Features

  • Balcony
  • Covered patio or porch

Utilities

  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Separate Meters

Community Details

  • 2 Units
  • Daniel J Campaus Sub Of O L 60 Of Pc 609 Subdivision

Listing and Financial Details

  • Assessor Parcel Number W11I002684S

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Year Built: 1910
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 2927
  • Total Sq Ft: 2927
  • Sq Ft Total Bsmt: 400

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: Private Entry
  • Foundation Materials: Poured
  • Frontage Feet: 58
  • Porch Type: Balcony, Porch - Covered
  • Road Frontage Type: Paved

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Separate Meters, Steam
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 178571.4286
  • Lot Size Area: 0.14
  • Lot Dimensions: 58.59X103.00
  • Parcel Number: W11I002684S
  • Zoning: Multi-Family

Rental Info

  • Monthly Rental Income: 1200

Tax Info

  • Tax Amount Summer: 666.0000
  • Tax Amount Winter: 48.0000
  • Total Tax: 714.0000

Multi Family

  • Gross Scheduled Income: 14400.00
  • Number Of Units Total: 2
  • Unit Count: 1
  • Number of Three Bedroom Units: 2

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2017
Closed on
Jan 29, 2018
Sold by
Mei Leong Iok
Bought by
Perez Michael
Seller's Agent
Catina Willis
EXP Realty Main
Buyer's Agent
Tate Osten
Springview Realty
List Price
$30,000
Sold Price
$18,000
Premium/Discount to List
-$12,000
-40%
Current Estimated Value
$144,300

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,300
Avg. Annual Appreciation
33.47%

Purchase Details

Closed on
Nov 25, 2014
Sold by
Pom Investors Llc
Bought by
Mei Leong Iok

Purchase Details

Closed on
Jul 17, 2013
Sold by
Bank Of America Na
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 30, 2013
Sold by
Rodgers Joseph Frank and Rodgers Alicia
Bought by
Bank Of America Na
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
Perez Michael $18,000 Red Carpet Title Agency Llc
Mei Leong Iok $99,900 Embassy Title Agency Inc
Federal National Mortgage Association -- None Available
Bank Of America Na $24,625 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rodgers Joseph Frank $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/02/2018 02/02/18 Sold $18,000 -28.0% $6 / Sq Ft
01/10/2018 01/10/18 Pending -- -- --
01/05/2018 01/05/18 Price Changed $25,000 -16.7% $9 / Sq Ft
11/22/2017 11/22/17 For Sale $30,000 +200.0% $10 / Sq Ft
07/31/2014 07/31/14 Sold $10,000 -16.7% $3 / Sq Ft
07/10/2014 07/10/14 Pending -- -- --
04/28/2014 04/28/14 For Sale $12,000 -- $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 $853 $46,800 $0 $0
2024 $853 $39,300 $0 $0
2023 $1,073 $31,500 $0 $0
2022 $1,133 $32,200 $0 $0
2021 $1,107 $22,700 $0 $0
2020 $1,106 $22,700 $0 $0
2019 $1,092 $8,500 $0 $0
2018 $674 $22,400 $0 $0
2017 $81 $22,000 $0 $0
2016 $715 $38,700 $0 $0
2015 $420 $4,200 $0 $0
2013 $442 $4,422 $0 $0
2010 -- $5,864 $593 $5,271
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 217104508

Realcomp

APN: 11-002684