NOT LISTED FOR SALE

5670 Mcmillan St Detroit, MI 48209

Southwest Detroit Neighborhood

Estimated Value: $187,430 - $220,000

8 Beds
4 Baths
2,945 Sq Ft
$69/Sq Ft Est. Value

Last Sold February 13, 2018

Last sale price $60,000 $20 Per Sq Ft

Est. 241% increase in value since last sale

Current estimated payment $1,235/month

132 Days on Market

About This Home

As of February 2018

GREAT MONEY MAKER !!! LOCATION LOCATION LOCATION !!! 4 UNITS , 2 BEDS EACH !!! , VERY GOOD CONDITIONS !! EACH TENANT PAYS GAS AND ELECTRICITY !!

Last Agent to Sell the Property

Gaston Munoz

Munoz Realty Inc License #6501354648 Listed on: 09/26/2017

Last Buyer's Agent

Ligia Godoy

Munoz Realty Inc License #RCO-6501376067

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1910

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 35.00x124.00

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Brick Foundation
  • Block Foundation

Interior Spaces

  • 4 Full Bathrooms
  • 2,945 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Utilities

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

Community Details

  • 4 Units
  • Walter Crane Farm Subdivision

Listing and Financial Details

  • Assessor Parcel Number W16I000890S

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,238

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Quadruplex
  • Architecture Level: 2 Story
  • Year Built: 1910
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 2945
  • Total Sq Ft: 2945
  • Sq Ft Total Bsmt: 1400

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block, Brick/Mortar
  • Frontage Feet: 35
  • Road Frontage Type: Paved

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

  • List Price per Acre: 990000.0000
  • Lot Size Area: 0.10
  • Lot Dimensions: 35.00X124.00
  • Parcel Number: W16I000890S
  • Zoning: Multi-Family

Rental Info

  • Rent Includes: Water/Sewer
  • Monthly Rental Income: 1050

Tax Info

  • Tax Amount Summer: 1122.0000
  • Tax Amount Winter: 116.0000
  • Total Tax: 1238.0000

Multi Family

  • Gross Scheduled Income: 12600.00
  • Number Of Units Total: 4
  • Unit Count: 1
  • Number of Two Bedroom Units: 4
  • Number Of Units Leased: 3

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2017
Closed on
Feb 12, 2018
Sold by
Gamboa Miguel and Gamboa Rogelio
Bought by
151 Gladstone Llc
Seller's Agent
Gaston Munoz
Munoz Realty Inc
Buyer's Agent
Ligia Godoy
Munoz Realty Inc
List Price
$119,000
Sold Price
$60,000
Premium/Discount to List
-$59,000
-49.58%
Current Estimated Value
$204,358

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,358
Avg. Annual Appreciation
17.25%

Purchase Details

Closed on
Nov 22, 2005
Sold by
Tobias Mark Steven
Bought by
Gamboa Miguel
Source: Public Records

Range of Values:

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Average Value
Not Available
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
151 Gladstone Llc $60,000 First American Title Ins Co
Gamboa Miguel -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/13/2018 02/13/18 Sold $60,000 -39.4% $20 / Sq Ft
02/05/2018 02/05/18 Pending -- -- --
01/25/2018 01/25/18 Price Changed $99,000 -16.8% $34 / Sq Ft
01/17/2018 01/17/18 For Sale $119,000 0.0% $40 / Sq Ft
10/30/2017 10/30/17 Pending -- -- --
09/26/2017 09/26/17 For Sale $119,000 -- $40 / 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 $1,952 $61,900 $0 $0
2024 $1,952 $51,400 $0 $0
2023 $1,896 $39,700 $0 $0
2022 $2,031 $32,100 $0 $0
2021 $1,972 $22,500 $0 $0
2020 $1,971 $25,300 $0 $0
2019 $1,939 $19,200 $0 $0
2018 $1,141 $15,200 $0 $0
2017 $193 $13,600 $0 $0
2016 $1,239 $23,400 $0 $0
2015 $1,060 $10,600 $0 $0
2013 $1,564 $16,131 $0 $0
2010 -- $25,928 $513 $25,415
Source: Public Records

Agents Affiliated with this Home

  • Gaston Munoz

    Seller's Agent in 2018

    Gaston Munoz

    Munoz Realty Inc

    (313) 914-7595

    5 in this area

    98 Total Sales

    Gaston Munoz
    Section Image

  • L

    Seller Co-Listing Agent in 2018

    Ligia Godoy

    Munoz Realty Inc

    (313) 914-7545

    5 Total Sales

    Ligia Godoy
    Section Image
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Map

Source: Realcomp

MLS Number: 217087182

Realcomp

APN: 16-000890

Michigan Wayne County Detroit 48209 Southwest Detroit

5670 Mcmillan St, Detroit, MI

This home is located at 5670 Mcmillan St, Detroit, MI 48209 since 26 September 2017 and is currently estimated at $204,358, approximately $69 per square foot. This property was built in 1910. 5670 Mcmillan St is a home located in Wayne County with nearby schools including Neinas Dual Language Learning Academy, Charles L. Spain Elementary-Middle School, and Edward 'Duke' Ellington Conservatory of Music and Art.

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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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