NOT LISTED FOR SALE

5312 Maxwell St Detroit, MI 48213

Pingree Park Neighborhood

Estimated Value: $54,000 - $139,000

8 Beds
4 Baths
3,120 Sq Ft
$32/Sq Ft Est. Value

Last Sold March 04, 2019

Last sale price $41,000 $13 Per Sq Ft

Est. 174% increase in value since last sale

Current estimated payment $731/month

96 Days on Market

Highlights

  • Porch
  • Forced Air Heating System
  • 4-minute walk to Clare Latham Park
  • Cass Technical High School Rated 10

About This Home

As of March 2019

LARGE INVESTMENT PROPERTY WITH FOUR UNITS. CLOSE TO DOWNTOWN. ONE UNIT TENANT OCCUPIED. MACHANICALS IN PLACE, NEEDS REHAB. PROPERTY IS SOLD AS IS. BUYER TO PAY LISTING BROKER $495 TRANACTION FEE. AGENT RELATED TO SELLER. B.A.T.V.A.I.

Last Agent to Sell the Property

Ursura Moore

Reach Realty Group License #6501405719 Listed on: 11/09/2018

Last Buyer's Agent

Stefanie Oliver

Urban Ridge Realty LLC License #RCO-6501410465

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1914

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 45.00x110.00

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 4 Full Bathrooms
  • 3,120 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • 4 Units
  • Currys Cook Farm Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number W17I008343S

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$634

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Quadruplex
  • Architecture Level: 2 Story
  • Year Built: 1914
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement: Yes
  • Basement Type: Common
  • Sq Ft Combined: 3120
  • Total Sq Ft: 3120
  • Sq Ft Total Bsmt: 1560

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Poured
  • Frontage Feet: 50
  • Porch Type: Porch
  • Road Frontage Type: Paved, Pub. Sidewalk

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 590909.0909
  • Lot Size Area: 0.11
  • Lot Dimensions: 45.00X110.00
  • Parcel Number: W17I008343S
  • Zone Conform: Yes
  • Zoning: Multi-Family

Tax Info

  • Tax Amount Summer: 605.4800
  • Tax Amount Winter: 29.0000
  • Total Tax: 634.4800

Multi Family

  • Number Of Units Total: 4
  • Number of Two Bedroom Units: 4
  • Number Of Units Leased: 1

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2018
Closed on
Mar 4, 2019
Sold by
Kl Moore Investments Llc
Bought by
Asb Management Llc
Seller's Agent
Ursura Moore
Reach Realty Group
Buyer's Agent
Stefanie Oliver
Urban Ridge Realty LLC
List Price
$82,000
Sold Price
$41,000
Premium/Discount to List
-$41,000
-50%
Current Estimated Value
$112,321

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,321
Avg. Annual Appreciation
10.63%

Purchase Details

Closed on
Jun 7, 2018
Sold by
Williams Vernon
Bought by
Kl Moore Investments Llc
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
Asb Management Llc $41,000 --
Kl Moore Investments Llc $45,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2019 03/04/19 Sold $41,000 -36.9% $13 / Sq Ft
02/13/2019 02/13/19 Pending -- -- --
12/10/2018 12/10/18 Price Changed $65,000 -13.3% $21 / Sq Ft
11/29/2018 11/29/18 Price Changed $75,000 -8.5% $24 / Sq Ft
11/09/2018 11/09/18 For Sale $82,000 -- $26 / 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 $1,337 $43,800 $0 $0
2024 $1,337 $36,700 $0 $0
2023 $1,298 $29,000 $0 $0
2022 $1,384 $26,400 $0 $0
2021 $1,347 $21,200 $0 $0
2020 $1,346 $12,500 $0 $0
2019 $520 $10,000 $0 $0
2018 $578 $15,400 $0 $0
2017 $57 $17,200 $0 $0
2016 $607 $3,200 $0 $0
2015 $320 $3,200 $0 $0
2013 $354 $3,539 $0 $0
2010 -- $5,188 $498 $4,690
Source: Public Records

Agents Affiliated with this Home

  • U

    Seller's Agent in 2019

    Ursura Moore

    Reach Realty Group

    Section Image
  • Stefanie Oliver

    Buyer's Agent in 2019

    Stefanie Oliver

    Urban Ridge Realty LLC

    (313) 207-3725

    1 in this area

    14 Total Sales

    Section Image
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Map

Source: Realcomp

MLS Number: 218108968

Realcomp

APN: 17-008343

Michigan Wayne County Detroit 48213 Pingree Park

5312 Maxwell St, Detroit, MI

This home is located at 5312 Maxwell St, Detroit, MI 48213 since 09 November 2018 and is currently estimated at $99,258, approximately $31 per square foot. This property was built in 1914. 5312 Maxwell St is a home located in Wayne County with nearby schools including Charles L. Spain Elementary-Middle School, Edward 'Duke' Ellington Conservatory of Music and Art, and Southeastern High 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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