Seller's Agent in 2024
George Jarrous
Century 21 Curran & Oberski
(313) 942-9007
3 in this area
157 Total Sales
5511 Sheridan St Detroit, MI 48213
Gratiot Town-Kettering NeighborhoodEstimated Value: $84,000 - $161,000
5
Beds
2
Baths
1,900
Sq Ft
$68/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- No HOA
- Forced Air Heating System
- Cass Technical High School Rated 10
- 2 Car Detached Garage
- Ceiling Fan
About This Home
As of May 2024Introducing a lucrative investment opportunity in Detroit! This 1900 SqFt, fully updated 2-unit rental property has a projected income of $1000 per unit, totaling $2000 monthly or a great place to live in one unit and Rent out the other! Each unit boasts 4 bedrooms and 2 bathrooms for maximum rental appeal. The exterior features a double lot with a 2-car garage and ample parking space. Don't miss your chance to add this income-generating gem to your portfolio!
Last Agent to Sell the Property
Century 21 Curran & Oberski License #6501434076 Listed on: 04/30/2024
Home Details
Home Type
- Single Family
Year Built
- Built in 1928 | Remodeled in 2023
Lot Details
- 3,920 Sq Ft Lot
- Lot Dimensions are 35 x 110
- Fenced
Parking
- 2 Car Detached Garage
Home Design
- Colonial Architecture
- Brick Exterior Construction
- Brick Foundation
- Asphalt Roof
Interior Spaces
- 1,900 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Unfinished Basement
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Full Bathrooms
Location
- Ground Level
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Natural Gas Water Heater
Community Details
- No Home Owners Association
- Gallaghers Subdivision
Listing and Financial Details
- Assessor Parcel Number W17I013175S
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 30, 2024
Closed on
May 16, 2024
Sold by
Usenvbuwa Amenghasiyom
Bought by
Phillips Joseph Charles
Seller's Agent
George Jarrous
Century 21 Curran & Oberski
Buyer's Agent
Nixcole McFarland
Community Choice Realty Inc
List Price
$119,000
Sold Price
$140,400
Premium/Discount to List
$21,400
17.98%
Views
40
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,505
Avg. Annual Appreciation
-2.73%
Original Mortgage
$140,400
Outstanding Balance
$139,066
Interest Rate
6.88%
Mortgage Type
VA
Estimated Equity
-$3,562
Purchase Details
Closed on
Aug 21, 2023
Sold by
Detroit Land Bank Authority
Bought by
Usenvbuwa Amenghasiyom
Purchase Details
Closed on
Aug 3, 2022
Sold by
Quentin Wylie Emmanuel
Bought by
Harper Don Wayne
Purchase Details
Closed on
Oct 5, 2012
Sold by
Wayne County Treasurer
Bought by
Michigan Land Bank Fast Track Auth
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Phillips Joseph Charles | $140,400 | Embassy Title Agency | |
| Usenvbuwa Amenghasiyom | $18,300 | None Listed On Document | |
| Harper Don Wayne | -- | None Listed On Document | |
| Michigan Land Bank Fast Track Auth | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Phillips Joseph Charles | $140,400 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/16/2024 05/16/24 | Sold | $140,400 | +18.0% | $74 / Sq Ft |
| 05/16/2024 05/16/24 | Pending | -- | -- | -- |
| 04/30/2024 04/30/24 | For Sale | $119,000 | -- | $63 / Sq Ft |
Source: Realcomp
Tax History Compared to Growth
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 | -- | $1,100 | $0 | $0 |
| 2024 | -- | $0 | $0 | $0 |
| 2023 | $0 | $0 | $0 | $0 |
| 2022 | $0 | $0 | $0 | $0 |
| 2021 | $0 | $0 | $0 | $0 |
| 2020 | $855 | $0 | $0 | $0 |
| 2019 | $855 | $0 | $0 | $0 |
| 2018 | $0 | $0 | $0 | $0 |
| 2017 | -- | $0 | $0 | $0 |
| 2016 | $340 | $0 | $0 | $0 |
| 2015 | $789 | $0 | $0 | $0 |
| 2013 | $789 | $12,632 | $0 | $0 |
| 2010 | -- | $18,520 | $432 | $18,088 |
Source: Public Records
Agents Affiliated with this Home
-
George Jarrous
-
Nixcole McFarland
N
Buyer's Agent in 2024
Nixcole McFarland
Community Choice Realty Inc
(586) 339-4996
1 in this area
22 Total Sales
Map
Source: Realcomp
MLS Number: 20240028465
APN: 17-013175
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.
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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