NOT LISTED FOR SALE
3 Beds
2.5 Baths
1,797 Sq Ft
6,970 Sq Ft Lot

Last Sold December 11, 2024

Last sale price $212,000 $118 Per Sq Ft

43 Days on Market

Highlights

  • Bungalow
  • Forced Air Heating and Cooling System
  • 1-minute walk to Matthew C Patterson Park
  • Cass Technical High School Rated 10
  • 2 Car Garage

About This Home

As of December 2024

Welcome to 532-534 Alter Rd. A meticulously maintained and updated duplex on a highly sought after street with very few properties coming to market. Lower unit is 2 beds and 1 bath and upper unit is 1 bed and 1 bath. Units boast refinished hardwood floors, updated kitchens, and clean and well maintained bathrooms. Other upgrades include vinyl windows, newer furnace and hot water heater, central air, updated electrical, keypad access to property and units, 2 car garage with power, and french drainage system in basement. Both units are rented to short term tenants - lower through 12/31 and upper through 11/5. Schedule showing today, this one will not last long.

Last Agent to Sell the Property

Peter Maniaci

Jim Saros Real Estate Services License #6502427152 Listed on: 10/18/2024

Jim Saros Real Estate Services

Last Buyer's Agent

Trish Hubbell

Berkshire Hathaway HomeServices The Loft Warehouse License #6501412646

Berkshire Hathaway HomeServices The Loft Warehouse

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1955

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 50.00 x 135.00

Parking

  • 2 Car Garage

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 1,797 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number W21I062661S
  • $3,000 Seller Concession

Community Details

Overview

  • 2 Units
  • Windmill Pointe Sub Subdivision

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,525

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Bungalow
  • Architecture Level: 2 Story
  • Assessment: 340.00
  • Year Built: 1955
  • State Equalized Value: 35800.0000
  • Pets Allowed: Call
  • 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
  • Total Sq Ft: 1797

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block
  • Road Frontage Type: Paved

Garage/Parking

  • Garage: Yes
  • Total Parking Spaces: 2

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Lot Info

  • Lot Size Area: 0.16
  • Lot Dimensions: 50.00 x 135.00
  • Parcel Number: W21I062661S
  • Zoning: Multi-Family

Rental Info

  • Monthly Rental Income: 3600

Tax Info

  • Tax Amount Summer: 2287.0000
  • Tax Amount Winter: 238.0000
  • Total Tax: 2525.0000
  • Taxable Value: 25295.0000

Multi Family

  • Gross Scheduled Income: 43200.00
  • Number Of Units Total: 2

MLS Schools

  • School District: Detroit
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/11/2024 12/11/24 Sold $212,000 -5.8% $118 / Sq Ft
10/18/2024 10/18/24 For Sale $225,000 +100.9% $125 / Sq Ft
03/08/2019 03/08/19 Sold $112,000 -6.7% $59 / Sq Ft View Prior Sale
01/06/2019 01/06/19 Pending -- -- --
11/18/2018 11/18/18 For Sale $120,000 -- $63 / Sq Ft
Source: Realcomp

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 $5,307 $68,500 $0 $0
2024 $2,251 $47,100 $0 $0
2023 $2,187 $35,800 $0 $0
2022 $2,346 $33,600 $0 $0
2021 $2,276 $26,500 $0 $0
2020 $2,275 $23,000 $0 $0
2019 $1,376 $17,300 $0 $0
2018 $1,220 $16,600 $0 $0
2017 $212 $16,900 $0 $0
2016 $1,241 $10,100 $0 $0
2015 $1,010 $10,100 $0 $0
2013 $1,200 $12,000 $0 $0
2010 -- $23,856 $1,453 $22,403
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20240078750

Realcomp

APN: 21-062661.