NOT LISTED FOR SALE

5467 Central St Detroit, MI 48210

Claytown Neighborhood

Estimated Value: $93,000 - $125,000

4 Beds
2 Baths
1,542 Sq Ft
$69/Sq Ft Est. Value

Last Sold September 19, 2019

Last sale price $11,000 $7 Per Sq Ft

Est. 864% increase in value since last sale

Current estimated payment $683/month

9 Days on Market

Highlights

  • Balcony
  • Porch
  • Private Entrance
  • Cass Technical High School Rated 10

About This Home

As of September 2019

Two unit multi-family opportunity. Each unit features 2 bedrooms and 1 full bath with large common basement. The property needs extensive rehab but has great potential for an investor. Seller will consider all offers after at least one viewing. Use caution when showing the property particularly on the basement stairs. $199.00 compliance fee charged to buyer at closing.

Last Agent to Sell the Property

Gerald Kirkland

Trust Realty Group LLC License #6502417069 Listed on: 08/26/2019

Last Buyer's Agent

Olivia Davis

EXP Realty Main License #6501420826

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1916

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 35.00x75.00
  • Private Entrance

Home Design

  • Duplex
  • Brick Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2 Full Bathrooms
  • 1,542 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Balcony
  • Porch

Utilities

  • Gravity Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • 2 Units
  • Henderson & Griffiths Sub L3 P44 Plats Subdivision

Listing and Financial Details

  • Assessor Parcel Number W20I004823S

Property Details

Home Type

Multi-Family

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex, Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Year Built: 1916
  • State Equalized Value: 9700.0000
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Common, Unfinished
  • Sq Ft Combined: 1542
  • Total Sq Ft: 1542
  • Sq Ft Total Bsmt: 771

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Exterior Features: Private Entry
  • Foundation Materials: Brick/Mortar
  • Frontage Feet: 25
  • Porch Type: Balcony, Porch
  • Road Frontage Type: Paved, Pub. Sidewalk

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Gravity
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Water at Street
  • Laundry Facilities: No

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 166666.6667
  • Lot Size Area: 0.06
  • Lot Dimensions: 35.00X75.00
  • Parcel Number: W20I004823S
  • Zone Conform: Yes
  • Zoning: Residential

Rental Info

  • Monthly Rental Income: 1300

Tax Info

  • Tax Amount Summer: 1071.0000
  • Tax Amount Winter: 90.0000
  • Total Tax: 1161.0000
  • Taxable Value: 9495.0000

Multi Family

  • Gross Scheduled Income: 15600.00
  • Number Of Units Total: 2
  • Unit Count: 1
  • Number of Two Bedroom Units: 2

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2019
Closed on
Sep 19, 2019
Sold by
Tillman Melaine V
Bought by
Al Shargi Yakoub Saleh Ahmed and Alssiade Abdurahman
Seller's Agent
Gerald Kirkland
Trust Realty Group LLC
Buyer's Agent
Olivia Davis
EXP Realty Main
List Price
$10,000
Sold Price
$11,000
Premium/Discount to List
$1,000
10%
Current Estimated Value
$106,006

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,006
Avg. Annual Appreciation
45.12%

Purchase Details

Closed on
Aug 8, 1994
Sold by
Gene Cooper
Bought by
Kimberly T Long
Source: Public Records

Range of Values:

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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
Al Shargi Yakoub Saleh Ahmed $11,000 None Available
Kimberly T Long $1,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2019 09/19/19 Sold $11,000 +10.0% $7 / Sq Ft
09/04/2019 09/04/19 Pending -- -- --
08/26/2019 08/26/19 For Sale $10,000 -- $6 / 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 $1,275 $30,000 $0 $0
2024 $1,275 $25,200 $0 $0
2023 $1,484 $19,800 $0 $0
2022 $1,577 $15,100 $0 $0
2021 $1,536 $13,700 $0 $0
2020 $1,543 $13,600 $0 $0
2019 $1,200 $11,100 $0 $0
2018 $1,071 $9,700 $0 $0
2017 $176 $9,300 $0 $0
2016 $1,305 $13,400 $0 $0
2015 $1,082 $13,400 $0 $0
2013 $1,048 $14,828 $0 $0
2010 -- $21,245 $391 $20,854
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2019

    Gerald Kirkland

    Trust Realty Group LLC

    Section Image

  • O

    Buyer's Agent in 2019

    Olivia Davis

    EXP Realty Main

    Section Image
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Map

Source: Realcomp

MLS Number: 219088029

Realcomp

APN: 20-004823

Michigan Wayne County Detroit 48210 Claytown

5467 Central St, Detroit, MI

This home is located at 5467 Central St, Detroit, MI 48210 since 26 August 2019 and is currently estimated at $106,006, approximately $68 per square foot. This property was built in 1916. 5467 Central St is a home located in Wayne County with nearby schools including Priest Elementary-Middle School, Charles L. Spain Elementary-Middle School, and Edward 'Duke' Ellington Conservatory of Music and Art.

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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