NOT LISTED FOR SALE

Estimated Value: $145,000 - $212,000

6 Beds
2 Baths
2,450 Sq Ft
$75/Sq Ft Est. Value

Last Sold March 21, 2023

Last sale price $185,000 $76 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $1,127/month

5 Days on Market

Highlights

  • Hot Water Heating System
  • Cass Technical High School Rated 10
  • Dogs and Cats Allowed

About This Home

As of March 2023

Handsome Brick Duplex in the heart of Detroit! This fully renovated building features new windows, new carpet and tile floors, and fresh paint. Each unit features 3 bedrooms and 1 bath room. Recent capital improvements include: brand new roof, new drywall & insulation, new electrical, plumbing, water heaters, furnaces and more. Fenced backyard! Fabulous house-hacking opportunity, or rent out both units for $1,400 PER UNIT. We have a waiting list of tenants ready to go!

Last Agent to Sell the Property

Marta Kopania

Downtown Realty License #6501424283 Listed on: 01/31/2023

Last Buyer's Agent

Cheryl Dixon

Professional Realty Team LLC License #RCO-6501236609

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,874

Year Built

  • Built in 1922

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 35.00 x 120.00

Home Design

  • Duplex
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 2 Full Bathrooms
  • 2,450 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number W16I004010S

Community Details

Overview

  • 2 Units
  • Dailey Park Sub Subdivision

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,874

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 2 Story
  • Year Built: 1922
  • Pets Allowed: Cats OK | Dogs OK
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 2450
  • Total Sq Ft: 2450
  • Sq Ft Total Bsmt: 1225

Exterior Features

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

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Hot Water
  • Sewer: Sewer at Street
  • Water Source: Water at Street
  • Laundry Facilities: No

Schools

  • School District: Detroit

Lot Info

  • Lot Size Area: 0.10
  • Lot Dimensions: 35.00 x 120.00
  • Parcel Number: W16I004010S
  • Zone Conform: Yes
  • Zoning: Multi-Family

Rental Info

  • Monthly Rental Income: 2800

Multi Family

  • Gross Scheduled Income: 33600.00
  • Number Of Units Total: 2
  • Number of Three Bedroom Units: 2

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2023
Closed on
Mar 24, 2023
Sold by
Solomon-Burns Tamera
Bought by
Abernathy Alton
Seller's Agent
Marta Kopania
Downtown Realty
Buyer's Agent
Cheryl Dixon
Professional Realty Team LLC
List Price
$175,000
Sold Price
$185,000
Premium/Discount to List
$10,000
5.71%
Total Days on Market
5
Views
80
Current Estimated Value
$183,020

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,980
Avg. Annual Appreciation
-0.48%
Original Mortgage
$171,830
Outstanding Balance
$167,574
Interest Rate
6.12%
Mortgage Type
FHA
Estimated Equity
$15,446

Purchase Details

Closed on
May 9, 2014
Sold by
The State Of Michigan
Bought by
Detroit Land Bank Authority

Purchase Details

Closed on
Oct 5, 2012
Sold by
Wayne County Treasurer
Bought by
Michigan Land Bank Fast Track Auth

Purchase Details

Closed on
Jul 14, 2004
Sold by
Lewis Iii Lloyd C
Bought by
Lewis Iii Lloyd C
Source: Public Records

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Range of Values:

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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
Abernathy Alton $175,000 Old Woodward Title
Detroit Land Bank Authority -- None Available
Michigan Land Bank Fast Track Auth -- None Available
Lewis Iii Lloyd C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abernathy Alton $171,830
Previous Owner Lewis Lloyd $55,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2023 03/21/23 Sold $185,000 +5.7% $76 / Sq Ft
02/05/2023 02/05/23 Pending -- -- --
01/31/2023 01/31/23 For Sale $175,000 -- $71 / 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
2024 $1,874 $26,500 $0 $0
2023 $0 $0 $0 $0
2022 $0 $0 $0 $0
2021 $0 $0 $0 $0
2020 $1,523 $0 $0 $0
2019 $1,523 $0 $0 $0
2018 $0 $0 $0 $0
2017 -- $0 $0 $0
2016 $340 $0 $0 $0
2015 $1,208 $0 $0 $0
2013 $1,208 $12,083 $0 $0
2010 -- $17,311 $672 $16,639
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20230007581

Realcomp

APN: 16-004010