NOT LISTED FOR SALE

Estimated Value: $235,000 - $287,000

4 Beds
2 Baths
1,902 Sq Ft
$139/Sq Ft Est. Value

Last Sold October 26, 2022

Last sale price $183,000 $96 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $1,904/month

9 Days on Market

Highlights

  • Patio
  • 1 Car Garage
  • Fenced
  • Forced Air Heating System
  • Laundry Facilities
  • 4-minute walk to Argyle-Williamson Park

About This Home

As of October 2022

**Several offers in hand. Please submit highest and best by Sunday, 9/25/2022 at 1pm**AT THE SELLER & TENANTS REQUEST, NO INDIVIDUAL SHOWINGS AT THIS TIME. SHOWING BLOCK SATURDAY, SEPTEMBER 24 from 1p-4p. Seller/Tenant will provide entry, No LB** INVESTORS!! INVESTORS!!! INVESTORS!!!! LOOK NO FURTHER! GREAT ROI! Don’t miss this 2 unit multi family home opportunity, offering instant equity and instant cash flow. This multifamily property is perfect as a rental or big enough for a growing family. Private entry upper and lower flats with a large front porch perfect for relaxing. Lower and upper units each have 2 bedrooms and 1 full bathroom. Each unit features a living room/dining room with multiple windows allowing ample natural light and a kitchen with lots of cabinet and counter space. Hardwood throughout. Common basement with 2 washers and 2 dryers, 1 set for each unit to use, 2 water heaters, 1 new ‘21, and shared storage space. Close to I-75 and the Southfield Freeway for an easy commute. All appliances will remain with the home except for the refrigerator in the lower unit, owned by the tenant. Both units are currently rented and rent paid includes heat and water. Additional rent and lease details available upon request. Minimum 24 hour notice required for all showings. Seller will verify all showings with the tenants. May not be able to see both units. Tenants will provide access. City inspection has been completed and a report is available upon request. Must see to truly appreciate the incredible opportunity this home offers. Schedule your private showing today.

Last Agent to Sell the Property

Michael Perna

EXP Realty Main License #6501309650 Listed on: 09/17/2022

EXP Realty Main

Co-Listed By

Julie Fuller

Redfin Corporation License #6501415093

Last Buyer's Agent

Tim Muflihi

RE/MAX Team 2000 License #6501360292

RE/MAX Team 2000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1930

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 35.00 x 112.00
  • Fenced

Parking

  • 1 Car Garage

Home Design

  • Duplex
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 2 Full Bathrooms
  • 1,902 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Outdoor Features

  • Patio

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 32821018215041

Community Details

Overview

  • 2 Units
  • Ardross Sub No 1 Subdivision

Amenities

  • Laundry Facilities

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,795

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 2 Story
  • Year Built: 1930
  • State Equalized Value: 75900.0000
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, Laundry Facility
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 1902
  • Total Sq Ft: 1902
  • Sq Ft Total Bsmt: 966

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exclusions: Yes
  • Exterior Features: Fenced
  • Foundation Materials: Block
  • Frontage Feet: 35
  • Porch Type: Patio
  • Road Frontage Type: Paved

Garage/Parking

  • Garage: Yes
  • MF Parking: Garages
  • Total Parking Spaces: 1

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Window Unit(s)
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: Yes

Schools

  • School District: Dearborn

Lot Info

  • Lot Size Area: 0.09
  • Lot Dimensions: 35.00 x 112.00
  • Parcel Number: 32821018215041
  • Zoning: Multi-Family

Rental Info

  • Rent Includes: Heat, Water
  • Monthly Rental Income: 1620

Tax Info

  • Tax Amount Summer: 3366.0000
  • Tax Amount Winter: 429.0000
  • Total Tax: 3795.0000
  • Taxable Value: 51515.0000

Multi Family

  • Gross Scheduled Income: 19440.00
  • Number Of Units Total: 2
  • Number of Two Bedroom Units: 2
  • Number Of Units Leased: 2

MLS Schools

  • School District: Dearborn

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2022
Closed on
Oct 26, 2022
Sold by
York Jack W
Bought by
Saleh Yaaqob
Seller's Agent
Michael Perna
EXP Realty Main
Buyer's Agent
Tim Muflihi
RE/MAX Team 2000
List Price
$180,000
Sold Price
$183,000
Premium/Discount to List
$3,000
1.67%
Views
66
Current Estimated Value
$265,145

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,145
Avg. Annual Appreciation
12.80%
Original Mortgage
$146,400
Outstanding Balance
$142,578
Interest Rate
6.94%
Estimated Equity
$116,320

Purchase Details

Closed on
Aug 29, 2003
Sold by
York Jack W
Bought by
York Jack W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,850
Interest Rate
6.18%
Mortgage Type
Unknown
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
Saleh Yaaqob $183,000 --
York Jack W -- Title Source
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Saleh Yaaqob $146,400
Closed Saleh Yaaqob $146,400
Previous Owner Green Gregory B $56,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2022 10/26/22 Sold $183,000 +1.7% $96 / Sq Ft
09/17/2022 09/17/22 For Sale $180,000 -- $95 / 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 $5,891 $113,300 $0 $0
2024 $5,891 $105,100 $0 $0
2023 $4,599 $91,000 $0 $0
2022 $3,703 $80,000 $0 $0
2021 $3,794 $75,900 $0 $0
2019 $417 $61,100 $0 $0
2018 $3,247 $54,200 $0 $0
2017 $765 $50,300 $0 $0
2016 $3,073 $52,100 $0 $0
2015 $4,712 $51,700 $0 $0
2013 $4,565 $45,650 $0 $0
2011 -- $51,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20221040013

Realcomp

APN: 32-10-182-15-041