NOT LISTED FOR SALE

5767 Bedford St Detroit, MI 48224

Morningside Neighborhood

Estimated Value: $125,000 - $163,000

4 Beds
2.5 Baths
2,037 Sq Ft
$71/Sq Ft Est. Value

Sale Details

Date Sold: August 26, 2021

Last sale price $115,000 $56 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $1,100 / mo

28 Days on Market

About This Home

As of August 2021

Updated 2 family flat. Upstairs is vacant and ready for occupancy immediately. Downstairs has a long tenant that is only paying 650. Lease expires 10/31/2021. Live in one unit, lease the other. Minimal cosmetics is all you need to make this a beautiful investment or owner occupied.

Last Agent to Sell the Property

Julieta Flores-allen

Keller Williams Realty-Great Lakes License #6501388792 Listed on: 06/17/2021

Keller Williams Realty-Great Lakes

Last Buyer's Agent

Julieta Flores-allen

Keller Williams Realty-Great Lakes License #6501388792 Listed on: 06/17/2021

Keller Williams Realty-Great Lakes

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1951

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 40.00x114.00

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • 2,037 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number W21I070915S
  • $2,000 Seller Concession

Community Details

Overview

  • 2 Units
  • East Detroit Development Cos Sub No 2 Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,681

Year Built

Built in 1951

Lot Details

4,356 Sq Ft Lot

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1951
  • State Equalized Value: 31600.0000
  • Pets Allowed: Yes
  • 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, Common
  • Total Sq Ft: 2037

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Aluminum, Brick
  • Foundation Materials: Brick/Mortar
  • Road Frontage Type: Paved, Pub. Sidewalk

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Sewer at Street
  • Water Source: Public (Municipal), Water at Street
  • Laundry Facilities: No

Lot Info

  • Lot Size Area: 0.10
  • Lot Dimensions: 40.00X114.00
  • Parcel Number: W21I070915S
  • Zoning: Multi-Family
  • Percent Homestead Exempt: Yes

Rental Info

  • Legal Rental Certified: Yes
  • Monthly Rental Income: 650

Tax Info

  • Tax Amount Summer: 1537.0000
  • Tax Amount Winter: 144.0000
  • Total Tax: 1681.0000
  • Taxable Value: 15154.0000

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • School District: Detroit

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2021
Closed on
Aug 25, 2021
Sold by
Bought by
Seller's Agent
Julieta Flores-allen
Keller Williams Realty-Great Lakes
Buyer's Agent
Julieta Flores-allen
Brookstone, Realtors LLC
List Price
$129,900
Sold Price
$115,000
Premium/Discount to List
-$14,900
-11.47%
Current Estimated Value
$145,396

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,396
Avg. Annual Appreciation
4.99%
Original Mortgage
$115,000
Outstanding Balance
$104,485
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$40,911
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$115,000 First American Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $115,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/26/2021 08/26/21 Sold $115,000 -3.4% $56 / Sq Ft
07/16/2021 07/16/21 Pending -- -- --
06/22/2021 06/22/21 Price Changed $119,000 -8.4% $58 / Sq Ft
06/17/2021 06/17/21 For Sale $129,900 -- $64 / Sq Ft
Source: Realcomp

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,829 $67,300 $0 $0
2024 $3,541 $55,600 $0 $0
2023 $3,689 $43,500 $0 $0
2022 $4,099 $43,000 $0 $0
2021 $1,681 $34,300 $0 $0
2020 $1,681 $31,600 $0 $0
2019 $1,521 $28,700 $0 $0
2018 $1,326 $24,900 $0 $0
2017 $270 $23,000 $0 $0
2016 $1,466 $16,600 $0 $0
2015 $1,660 $16,600 $0 $0
2013 $2,241 $22,409 $0 $0
2010 -- $32,854 $1,245 $31,609
Source: Public Records

Agents Affiliated with this Home

  • Julieta Flores-allen

    Seller's Agent in 2021

    Julieta Flores-allen

    Keller Williams Realty-Great Lakes

    (248) 906-5002

    6 in this area

    101 Total Sales

    Julieta Flores-allen
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Map

Source: Realcomp

MLS Number: 2210047135

Realcomp

APN: 21-070915

Michigan Wayne County Detroit 48224 Morningside

5767 Bedford St, Detroit, MI

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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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