NOT LISTED FOR SALE

5227 Devonshire Rd Detroit, MI 48224

Morningside Neighborhood

Estimated Value: $113,558 - $158,000

4 Beds
2 Baths
2,285 Sq Ft
$61/Sq Ft Est. Value

Last Sold August 11, 2020

Last sale price $78,000 $34 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $971/month

22 Days on Market

Highlights

  • Colonial Architecture
  • Porch
  • Forced Air Heating System
  • Cass Technical High School Rated 10
  • Lobby
  • 2 Car Garage

About This Home

As of August 2020

Great Rental Investment two family flat home located on the Detroit Eastside near East English Village. Also a great opportunity for a home buyer to live in one unit and rent out the other for income. Each unit has 2 Bedrooms/ 1 Bath with hardwood floors and shared dry basement. Upper Unit was remodeled in 2019- newly painted, new flooring, and new kitchen with granite. Fully occupied turnkey property producing $1400/month income. Licensed buyers agents with electronic lockbox access must be present for showings and have verified funds/approval. All units are tenant occupied and will require 24-48 hours notice for ShowingTime approval. Buy and collect on this rental immediately. Warranty Deed and Certificate of Occupancy are completed. PLEASE CHECK OUT TWO OTHER PROPERTIES AVAILABLE FROM THE SAME OWNER MLS#2200044722 17150 Santa Rosa & MLS#2200044746 7621 W Parkway. Owners will sell all three as a package.

Last Agent to Sell the Property

Kimberly Knox

Milagro Realty Group, LLC License #6501399690 Listed on: 06/18/2020

Last Buyer's Agent

Shane Parker

S&P Realty License #6501397534

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1929 | Remodeled in 2018

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 40.00x114.00

Home Design

  • Colonial Architecture
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 2 Full Bathrooms
  • 2,285 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Parking

  • 2 Car Garage
  • Off-Site Parking

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number W21I070586S
  • $1,560 Seller Concession

Community Details

Overview

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

Amenities

  • Lobby

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,307

Year Built

Built in 1929 | Remodeled in 2018

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Colonial, Common Entry Building, Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Assessment: 200
  • Year Built: 1929
  • State Equalized Value: 23700.0000
  • Year Renovated: 2018
  • Pets Allowed: No
  • Special Features: NewHome
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Common
  • Sq Ft Combined: 2285
  • Total Sq Ft: 2285
  • Sq Ft Total Bsmt: 1125

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick Siding
  • Foundation Materials: Block
  • Frontage Feet: 40
  • Porch Type: Porch
  • Road Frontage Type: Pub. Sidewalk

Garage/Parking

  • MF Parking: Garages, Off Site
  • Total Parking Spaces: 2

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Sewer at Street, Sewer-Sanitary
  • Water Heater Fuel: Natural Gas
  • Water Source: Municipal Water, Water at Street
  • Laundry Facilities: No

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 799000.0000
  • Lot Size Area: 0.10
  • Lot Dimensions: 40.00X114.00
  • Parcel Number: W21I070586S
  • Zone Conform: Yes
  • Zoning: Multi-Family

Rental Info

  • Rent Includes: Garbage Pickup, Water/Sewer
  • Legal Rental Certified: Yes
  • Monthly Rental Income: 1350

Tax Info

  • Tax Amount Summer: 882.0000
  • Tax Amount Winter: 425.0000
  • Total Tax: 1307.0000
  • Taxable Value: 23700.0000

Multi Family

  • Gross Scheduled Income: 16200.00
  • Number Of Units Total: 2
  • Unit Count: 2
  • Number of Two Bedroom Units: 2
  • Number Of Units Leased: 2

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2020
Closed on
Aug 3, 2020
Sold by
United Detroit Llc
Bought by
Ochoa Leandro and Rodriguez Melissa V
Seller's Agent
Kimberly Knox
Milagro Realty Group, LLC
Buyer's Agent
Shane Parker
S&P Realty
List Price
$79,900
Sold Price
$78,000
Premium/Discount to List
-$1,900
-2.38%
Current Estimated Value
$139,390

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,390
Avg. Annual Appreciation
12.73%
Original Mortgage
$58,500
Outstanding Balance
$42,046
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$100,631

Purchase Details

Closed on
Oct 14, 2011
Sold by
S & J Real Estate Investment Llc
Bought by
5227 Devonshire Llc

Purchase Details

Closed on
Jun 9, 2010
Sold by
Harris Dortensia and Hayes Lortensia
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 9, 2007
Sold by
Harris Dortensia and Hayes Lortensia
Bought by
Harris Dortensia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$11,700
Interest Rate
6.27%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Dec 9, 2002
Sold by
Hayes Lortensia
Bought by
Hayes Dortensia
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
Ochoa Leandro $78,000 None Available
5227 Devonshire Llc $56,271 Abstract Title Agency
Federal National Mortgage Association $99,191 None Available
Harris Dortensia -- Fatco
Hayes Dortensia -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ochoa Leandro $58,500
Previous Owner Harris Dortensia $11,700
Previous Owner Harris Dortensia $93,600
Previous Owner Hayes Dorsenthia $98,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2020 08/11/20 Sold $78,000 -2.4% $34 / Sq Ft
07/11/2020 07/11/20 Pending -- -- --
07/02/2020 07/02/20 For Sale $79,900 0.0% $35 / Sq Ft
06/25/2020 06/25/20 Pending -- -- --
06/18/2020 06/18/20 For Sale $79,900 0.0% $35 / Sq Ft
12/06/2019 12/06/19 Rented $700 0.0% --
12/04/2019 12/04/19 Under Contract -- -- --
11/24/2019 11/24/19 Price Changed $700 -6.7% $1 / Sq Ft
10/24/2019 10/24/19 For Rent $750 0.0% --
10/22/2018 10/22/18 Sold $42,000 -6.5% $18 / Sq Ft
10/01/2018 10/01/18 Pending -- -- --
08/24/2018 08/24/18 For Sale $44,900 -- $20 / 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 $2,536 $67,000 $0 $0
2024 $2,536 $55,300 $0 $0
2023 $2,711 $43,300 $0 $0
2022 $2,904 $35,400 $0 $0
2021 $2,819 $28,400 $0 $0
2020 $2,477 $26,200 $0 $0
2019 $2,637 $23,700 $0 $0
2018 $855 $19,900 $0 $0
2017 $124 $18,400 $0 $0
2016 $918 $7,600 $0 $0
2015 $760 $7,600 $0 $0
2013 $1,022 $10,221 $0 $0
2010 -- $29,969 $1,266 $28,703
Source: Public Records

Agents Affiliated with this Home

  • Kimberly Knox

    Seller's Agent in 2020

    Kimberly Knox

    Milagro Realty Group, LLC

    (586) 801-3854

    1 in this area

    32 Total Sales

    Kimberly Knox
    Section Image
  • Shane Parker

    Buyer's Agent in 2020

    Shane Parker

    S&P Realty

    (313) 454-8608

    150 Total Sales

    Shane Parker
    Section Image
  • Kurmmell Knox

    Buyer's Agent in 2019

    Kurmmell Knox

    Milagro Realty Group, LLC

    (866) 766-2322

    1 Total Sale

    Kurmmell Knox
    Section Image
  • Danielle Casazza

    Seller's Agent in 2018

    Danielle Casazza

    Star Valley Realty LLC

    (313) 580-8660

    3 in this area

    112 Total Sales

    Danielle Casazza
    Section Image

  • D

    Buyer's Agent in 2018

    Derrick Garland

    Downtown Realty

    (586) 344-3786

    2 in this area

    35 Total Sales

    Derrick Garland
    Section Image
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Map

Source: Realcomp

MLS Number: 2200044552

Realcomp

APN: 21-070586

Michigan Wayne County Detroit 48224 Morningside

5227 Devonshire Rd, Detroit, MI

This home is located at 5227 Devonshire Rd, Detroit, MI 48224 since 18 June 2020 and is currently estimated at $139,390, approximately $61 per square foot. This property was built in 1929. 5227 Devonshire 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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