NOT LISTED FOR SALE

Estimated Value: $331,000 - $367,000

4 Beds
3 Baths
2,700 Sq Ft
$128/Sq Ft Est. Value

Last Sold October 07, 2016

Last sale price $165,000 $61 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $2,475/month

86 Days on Market

Highlights

  • Colonial Architecture
  • 4 Car Detached Garage
  • Central Air

About This Home

As of October 2016

Price reduced $10,000. Seller motivated. Great opportunity in historic Warren on desirable Chicago Rd. It's like owning 2 townhouses in one. This property has separate driveways, garages, balconies, fireplaces, utilities and even addresses. One unit vacant and ready to move in with fresh paint, new carpet, newer kitchen, finished basement with full bath and newer hot water tank. All appliances included. Other unit occupied with a long term tenant that has always paid rent on time. Hardwood floors, detached spacious 2 car garages. Also a great opportunity for a large family. Close to Warren Community Center, Tech center, parks, Meijer, restaurants and major expressways.This is truly a turnkey property. Agent owned.

Last Agent to Sell the Property

Benny Offer

Keller Williams Realty Lakeside License #MISPE-6501371060 Listed on: 05/07/2016

Keller Williams Realty Lakeside

Last Buyer's Agent

Laith Juma

National Realty Centers, Inc License #RCO-6501383281

National Realty Centers, Inc

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1970

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 81x165

Parking

  • 4 Car Detached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Basement

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Central Air
  • Separate Meters

Community Details

  • Association fees include water, gas
  • 2 Units
  • Assessors Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 13-05-426-001

Property Details

Home Type

Multi-Family

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: MULTIFAMILY
  • Type: 1 To 4 Units
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Styles: Colonial
  • Year Built: 1970
  • Mail City: Warren
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Range/Oven, Refrigerator
  • Basement: Yes
  • Bedrooms: 4
  • Bathroom Description: Basement Bath Lav/Half
  • Full Bathrooms: 3
  • Total Bathrooms: 6
  • Below Grade Bathroom: 1
  • Half Bathrooms: 2

Exterior Features

  • Construction: Vinyl Siding, Brick
  • Foundation Type: Basement

Garage/Parking

  • Garage Type: Detached Garage
  • Garage Spaces: 4
  • Parking: Garage

Utilities

  • Water: Public Water
  • Cooling System: Central A/C
  • Separate Electric: Yes
  • Separate Gas: Yes
  • Separate Heat: Yes
  • Separate Water: Yes
  • Sewer/Septic System: Public Sanitary

Condo/Co-op/Association

  • HOA Fee Includes: Water, Gas

Lot Info

  • Assessor Parcel Number: 13-05-426-001
  • Lot Dimensions: 81x165
  • Acreage: 0.31
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2015, Amount: $4,055.00
  • Winter Tax: Year: 2015, Amount: $107.00

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Warren Consolidated Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2016
Closed on
Oct 7, 2016
Sold by
Offer Brandon and Offer Alkida
Bought by
Alsalman Mahir H
Seller's Agent
Benny Offer
Keller Williams Realty Lakeside
Buyer's Agent
Laith Juma
National Realty Centers, Inc
List Price
$210,000
Sold Price
$165,000
Premium/Discount to List
-$45,000
-21.43%
Current Estimated Value
$344,493

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$179,493
Avg. Annual Appreciation
8.17%
Original Mortgage
$123,750
Outstanding Balance
$58,002
Interest Rate
3.46%
Mortgage Type
New Conventional
Estimated Equity
$286,491

Purchase Details

Closed on
Feb 4, 2015
Sold by
Offer Alkida
Bought by
Offer Brandon

Purchase Details

Closed on
Apr 14, 2009
Sold by
Federal National Mortgage Association
Bought by
Offer Alkida

Purchase Details

Closed on
Apr 4, 2008
Sold by
Labello Kathleen
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Feb 16, 2001
Sold by
Lozen Frank
Bought by
Labello Kathy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,800
Interest Rate
7.13%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Alsalman Mahir H $165,000 Devon Title Agency
Offer Brandon -- None Available
Offer Alkida $103,000 Warranty Title Agency Llc
Federal National Mortgage Association $215,038 None Available
Labello Kathy $225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alsalman Mahir H $123,750
Previous Owner Labello Kathy $210,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/07/2016 10/07/16 Sold $165,000 -21.4% $61 / Sq Ft
08/01/2016 08/01/16 Pending -- -- --
05/07/2016 05/07/16 For Sale $210,000 -- $78 / Sq Ft
Source: Michigan Multiple Listing Service

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 $8,236 $180,600 $0 $0
2024 $80 $166,570 $0 $0
2023 $7,552 $156,000 $0 $0
2022 $7,358 $145,170 $0 $0
2021 $7,176 $139,670 $0 $0
2020 $6,931 $124,400 $0 $0
2019 $6,660 $114,350 $0 $0
2018 $6,683 $105,050 $0 $0
2017 $7,049 $100,530 $15,970 $84,560
2016 $6,768 $100,530 $0 $0
2015 -- $79,210 $0 $0
2012 -- $68,340 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31289888

Michigan Multiple Listing Service

APN: 12-13-05-426-001

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