NOT LISTED FOR SALE

Estimated Value: $167,000 - $205,000

3 Beds
2.5 Baths
2,540 Sq Ft
$72/Sq Ft Est. Value

Last Sold February 14, 2023

Last sale price $95,000 $37 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $1,413/month

54 Days on Market

Highlights

  • Colonial Architecture
  • Porch
  • Hot Water Heating System
  • Cass Technical High School Rated 10
  • Ceiling Fan
  • Garage

About This Home

As of February 2023

Great Investment Opportunity! This 2-unit, brick, tudor style home is located in the Morningside District of Detroit. Short commute to I-94, shopping, dining, and more. Each unit has its own private entrance. Hardwood flooring throughout. The lower unit features a living room with a fireplace, formal dining room, kitchen, bath, and 2 bedrooms. The upper unit features a living room with a fireplace, formal dining room, kitchen, bath, and 3 bedrooms. Newer windows and roof. Half bath in basement. Garage door to be installed prior to closing. There was a licensed daycare running out of the basement at one time. Could easily be converted into a single-family home. Schedule your showing today online.

Last Agent to Sell the Property

Erick Monzo

Keller Williams Realty-Great Lakes License #6501330189 Listed on: 12/22/2022

Keller Williams Realty-Great Lakes

Last Buyer's Agent

David Rabior

Clyde Realty LLC License #6501406276

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1929

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40.00 x 114.00

Parking

  • Garage

Home Design

  • Colonial Architecture
  • Tudor Architecture
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 2,540 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Unfinished Basement

Outdoor Features

  • Porch

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number W21I070587S

Community Details

Overview

  • 2 Units
  • East Detroit Development Cos Sub No 2 Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,606

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Colonial, Tudor
  • Architecture Level: 2 Story
  • Assessment: 340.00
  • Year Built: 1929
  • State Equalized Value: 41600.0000
  • Pets Allowed: Yes
  • Special Features: None
  • 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: 2540
  • Total Sq Ft: 2540
  • Sq Ft Total Bsmt: 1075

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Aluminum, Brick
  • Foundation Materials: Poured
  • Porch Type: Porch
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s)
  • Heating: Hot Water
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 909081.8100
  • Lot Size Area: 0.11
  • Lot Dimensions: 40.00 x 114.00
  • Parcel Number: W21I070587S
  • Zoning: Multi-Family

Tax Info

  • Tax Amount Summer: 1473.0000
  • Tax Amount Winter: 133.0000
  • Total Tax: 1606.0000
  • Taxable Value: 14522.0000

Multi Family

  • Number Of Units Total: 2
  • Unit Count: 2
  • Number of One Bedroom Units: 1
  • Number of Two Bedroom Units: 1

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 22, 2022
Closed on
Feb 14, 2023
Sold by
Brooks Aaron
Bought by
Mckeown Enterprise Michigan Llc
Seller's Agent
Erick Monzo
Keller Williams Realty-Great Lakes
Buyer's Agent
David Rabior
Clyde Realty LLC
List Price
$110,000
Sold Price
$95,000
Premium/Discount to List
-$15,000
-13.64%
Views
89
Current Estimated Value
$183,057

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,057
Avg. Annual Appreciation
29.46%
Original Mortgage
$110,500
Interest Rate
6.48%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 8, 2011
Sold by
Fannie Mae
Bought by
Brooks Aaron

Purchase Details

Closed on
Apr 22, 2010
Sold by
Jpmorgan Chase Bank National Association
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 17, 2010
Sold by
Mckee Robert B and Mckee Elizabeth
Bought by
Jpmorgan Chase Bank National Association and Washington Mutual Bank
Source: Public Records

Range of Values:

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Average Value
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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
Mckeown Enterprise Michigan Llc $95,000 --
Brooks Aaron $11,000 Attorneys Title Agency Llc
Federal National Mortgage Association -- None Available
Jpmorgan Chase Bank National Association $109,272 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mckeown Enterprise Michigan Ll $131,175
Closed Mckeown Enterprise Michigan Llc $110,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2023 02/14/23 Sold $95,000 -5.0% $37 / Sq Ft
02/14/2023 02/14/23 Pending -- -- --
01/17/2023 01/17/23 Price Changed $99,999 -9.1% $39 / Sq Ft
12/22/2022 12/22/22 For Sale $110,000 -- $43 / 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 $4,997 $78,600 $0 $0
2024 $4,997 $65,000 $0 $0
2023 $1,514 $50,900 $0 $0
2022 $1,609 $41,600 $0 $0
2021 $1,567 $33,300 $0 $0
2020 $1,567 $30,700 $0 $0
2019 $1,544 $27,300 $0 $0
2018 $1,363 $23,300 $0 $0
2017 $247 $21,600 $0 $0
2016 $1,488 $15,200 $0 $0
2015 $1,520 $15,200 $0 $0
2013 $2,050 $20,495 $0 $0
2010 -- $30,048 $1,266 $28,782
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20221067141

Realcomp

APN: 21-070587