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

Sale Details

Date Sold: December 11, 2024

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

43 Days on Market

Highlights

  • Bungalow
  • 2 Car Garage
  • 1-minute walk to Matthew C Patterson Park
  • Forced Air Heating and Cooling System

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 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

6,970 Sq Ft Lot

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2024
Closed on
Dec 11, 2024
Sold by
Bought by
Buyer's Agent
Trish Hubbell
Berkshire Hathaway HomeServices The Loft Warehouse
List Price
$225,000
Sold Price
$212,000
Premium/Discount to List
-$13,000
-5.78%
Views
65

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,400
Outstanding Balance
$198,143
Interest Rate
6.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 4, 2024
Sold by
Bought by

Purchase Details

Listed on
Nov 18, 2018
Closed on
Mar 8, 2019
Sold by
Bought by
Seller's Agent
Stephen Smiley
Investors Management Service
Buyer's Agent
Non Participant
Non Realcomp Office
List Price
$120,000
Sold Price
$112,000
Premium/Discount to List
-$8,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,971
Interest Rate
5.25%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 5, 2015
Sold by
Bought by

Purchase Details

Closed on
Feb 13, 2015
Sold by
Bought by

Purchase Details

Closed on
Nov 19, 2012
Sold by
Bought by

Purchase Details

Closed on
Jun 10, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$212,000 Synergy Title
-- None Listed On Document
$112,000 None Available
-- Attorney
-- None Available
$14,100 None Available
-- Greco
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $201,400
Previous Owner $21,854
Previous Owner $109,971
Previous Owner $40,000
Previous Owner $60,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

  • Section Image
  • Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 20240078750

Realcomp

APN: 21-062661.

Your Personal Tour Guide

Ask me questions while you tour the home.