NOT LISTED FOR SALE

Estimated Value: $79,000 - $113,277

4 Beds
2.5 Baths
1,792 Sq Ft
$56/Sq Ft Est. Value

Last Sold February 27, 2023

Last sale price $75,000 $42 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $667/month

61 Days on Market

Highlights

  • Bungalow
  • Forced Air Heating System
  • Fenced
  • Cass Technical High School Rated 10

About This Home

As of February 2023

Remarks: Please use Showing Time for all showing requests. BATVAI. Please send all offers listing agent All offers must be submitted with POF. Buyer's Agent is required to be physically present for all showings. All measurements to be verified by buyers agent. Parcel # W18I012133S (5526 Chopin) is also included in the sale making total lot size 60x100

Last Agent to Sell the Property

Al Sabbagh

RE/MAX Leading Edge License #6501299609 Listed on: 11/03/2022

RE/MAX Leading Edge

Last Buyer's Agent

Sabith Ahmed

Amin Realty License #6501439350

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1915

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 60.00 x 100.00
  • Fenced

Home Design

  • Bungalow
  • Block Foundation
  • Vinyl Construction Material

Interior Spaces

  • 1,792 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Parking

  • 2 Parking Spaces
  • On-Street Parking

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • 2 Units
  • Burtons Mich Ave Subdivision

Listing and Financial Details

  • Assessor Parcel Number W18I012132S

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,076

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Bungalow
  • Architecture Level: 2 Story
  • Assessment: 240.00
  • Year Built: 1915
  • State Equalized Value: 14500.0000
  • Pets Allowed: No
  • 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
  • Sq Ft Combined: 1792
  • Total Sq Ft: 1792
  • Sq Ft Total Bsmt: 782

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Exterior Features: Fenced
  • Foundation Materials: Block
  • Road Frontage Type: Paved

Garage/Parking

  • MF Parking: On Street
  • Total Parking Spaces: 2

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Schools

  • School District: Detroit

Lot Info

  • Lot Size Area: 0.07
  • Lot Dimensions: 60.00 x 100.00
  • Parcel Number: W18I012132S
  • Zone Conform: Yes
  • Zoning: Residential

Tax Info

  • Tax Amount Summer: 988.0000
  • Tax Amount Winter: 88.0000
  • Total Tax: 1076.0000
  • Taxable Value: 9594.0000

Multi Family

  • Number Of Units Total: 2
  • Unit Count: 2
  • Number of Two Bedroom Units: 2
  • Number Of Units Leased: 2

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2022
Closed on
Feb 27, 2023
Sold by
Cruz Jonny Moragis
Bought by
Alshargi Yakoub
Seller's Agent
Al Sabbagh
RE/MAX Leading Edge
Buyer's Agent
Sabith Ahmed
Amin Realty
List Price
$89,900
Sold Price
$75,000
Premium/Discount to List
-$14,900
-16.57%
Views
104
Current Estimated Value
$99,569

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,569
Avg. Annual Appreciation
18.27%
Original Mortgage
$63,750
Outstanding Balance
$62,212
Interest Rate
6.5%
Estimated Equity
$51,486

Purchase Details

Closed on
Jan 27, 2015
Sold by
Barraza Armando and Barraza Alma
Bought by
Cruz Jonny Moragis

Purchase Details

Closed on
Mar 27, 2013
Sold by
Valdivia Lopez Claudio
Bought by
Cruz Jonny Moragis

Purchase Details

Closed on
Oct 13, 2003
Sold by
Morales Gabriel and Morales Selenia
Bought by
Barraza Armando

Purchase Details

Closed on
Jul 16, 2003
Sold by
Detroit Neighborhood Development Corp
Bought by
Morales Gabriel
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
Alshargi Yakoub $75,000 --
Cruz Jonny Moragis $23,000 None Available
Cruz Jonny Moragis -- None Available
Barraza Armando $31,000 Michigan Title Insurance Age
Morales Gabriel -- Lamont Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alshargi Yakoub $63,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2023 02/27/23 Sold $75,000 -16.6% $42 / Sq Ft
01/03/2023 01/03/23 Pending -- -- --
11/03/2022 11/03/22 For Sale $89,900 -- $50 / 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 $1,661 $28,700 $0 $0
2024 $1,661 $24,100 $0 $0
2023 $1,015 $19,000 $0 $0
2022 $1,079 $14,500 $0 $0
2021 $893 $13,200 $0 $0
2020 $884 $13,000 $0 $0
2019 $872 $10,600 $0 $0
2018 $756 $9,000 $0 $0
2017 $163 $8,600 $0 $0
2016 $1,218 $13,100 $0 $0
2015 $1,310 $13,100 $0 $0
2013 $1,456 $14,562 $0 $0
2010 -- $20,865 $537 $20,328
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20221057061

Realcomp

APN: 18-012132