NOT LISTED FOR SALE

Estimated Value: $111,000 - $187,000

4 Beds
2 Baths
1,750 Sq Ft
$84/Sq Ft Est. Value

Last Sold April 09, 2018

Last sale price $28,000 $16 Per Sq Ft

Est. 423% increase in value since last sale

Current estimated payment $933/month

35 Days on Market

Highlights

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

About This Home

As of April 2018

Tucked in the Morningside area of Detroit (right next to East English Village), you'll find this great opportunity for cash flow! 2 units (upper and lower) each have 2 bedrooms and 1 bath. Approximately 900 sq ft each. A full basement (shared) and a fenced yard. The rental potential here is great ($700-800/m per unit estimate); or convert it to a single family residence! Any way you make it, this house will be an awesome investment!

Last Agent to Sell the Property

Erick Monzo

Keller Williams Realty-Great Lakes License #6501330189 Listed on: 02/27/2018

Keller Williams Realty-Great Lakes

Last Buyer's Agent

Bradford Lack

License #6501313289

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1929

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 38.00x112.50
  • Fenced

Home Design

  • Duplex
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 2 Full Bathrooms
  • 1,750 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units
  • Arthur J Scullys Rifle Range Sub No 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number W21I068965S

Property Details

Home Type

Multi-Family

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 2 Story
  • Year Built: 1929
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Common, Unfinished
  • Sq Ft Combined: 1750
  • Total Sq Ft: 1750
  • Sq Ft Total Bsmt: 1000

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: Fenced
  • Foundation Materials: Block
  • Frontage Feet: 30
  • Porch Type: Porch
  • Road Frontage Type: Paved, Pub. Sidewalk

Utilities

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

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 368000.0000
  • Lot Size Area: 0.10
  • Lot Dimensions: 38.00X112.50
  • Parcel Number: W21I068965S
  • Zone Conform: Yes
  • Zoning: Residential

Tax Info

  • Tax Amount Summer: 1153.0000
  • Tax Amount Winter: 121.0000
  • Total Tax: 1274.0000

Multi Family

  • Number Of Units Total: 2
  • Unit Count: 1
  • Number of Two Bedroom Units: 2

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 10, 2022
Sold by
Defe Properties Llc
Bought by
Defe Properties Spe1 Llc
Current Estimated Value
$146,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$543,000
Outstanding Balance
$506,935
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
-$360,602

Purchase Details

Closed on
May 19, 2020
Sold by
Ved Investments Llc
Bought by
Oefe Properties Llc

Purchase Details

Listed on
Feb 27, 2018
Closed on
Apr 5, 2018
Sold by
Hunt John M and Hunt Maria E
Bought by
Ved Investments Llc
Seller's Agent
Erick Monzo
Keller Williams Realty-Great Lakes
Buyer's Agent
Bradford Lack
List Price
$36,800
Sold Price
$28,000
Premium/Discount to List
-$8,800
-23.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.49%

Purchase Details

Listed on
Apr 25, 2017
Closed on
Sep 21, 2017
Sold by
Wolfe Derek
Bought by
Hunt John M
Seller's Agent
Kedric Campbell
Leboursia Realty Group
Buyer's Agent
Ryan Kain
RE/MAX Leading Edge
List Price
$50,000
Sold Price
$28,000
Premium/Discount to List
-$22,000
-44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%

Purchase Details

Closed on
Feb 17, 2015
Sold by
Koyton Benjamin
Bought by
Wolfe Derek

Purchase Details

Listed on
Oct 3, 2012
Closed on
Nov 9, 2012
Sold by
Wolfe Derek
Bought by
Koyton Benjamin
Seller's Agent
Quinn Martin
Leboursia Realty Group
Buyer's Agent
Quinn Martin
Leboursia Realty Group
List Price
$4,000
Sold Price
$6,300
Premium/Discount to List
$2,300
57.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.47%

Purchase Details

Closed on
Mar 7, 2006
Sold by
Randolph Terence L
Bought by
Wolfe Derek

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,500
Interest Rate
6.66%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 28, 1996
Sold by
Randolph Terece L
Bought by
Cosimo Investments
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
Defe Properties Spe1 Llc -- Chicago Title
Oefe Properties Llc -- Speedy T&E Svcs Llc
Ved Investments Llc $28,000 Regions Title Agency Llc
Hunt John M $28,000 Regions Title Agency Llc
Wolfe Derek -- None Available
Koyton Benjamin $6,300 Lamont Title Corporation
Wolfe Derek $62,500 American Land Title Agency I
Cosimo Investments $48,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Defe Properties Spe1 Llc $543,000
Previous Owner Wolfe Derek $62,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/09/2018 04/09/18 Sold $28,000 -23.9% $16 / Sq Ft
04/03/2018 04/03/18 Pending -- -- --
02/27/2018 02/27/18 For Sale $36,800 +31.4% $21 / Sq Ft
09/21/2017 09/21/17 Sold $28,000 0.0% $16 / Sq Ft View Prior Sale
09/01/2017 09/01/17 Pending -- -- --
08/08/2017 08/08/17 Off Market $28,000 -- --
08/02/2017 08/02/17 Price Changed $33,000 -8.3% $19 / Sq Ft
06/21/2017 06/21/17 Price Changed $36,000 -28.0% $21 / Sq Ft
04/25/2017 04/25/17 For Sale $50,000 +693.7% $29 / Sq Ft
11/09/2012 11/09/12 Sold $6,300 +57.5% $4 / Sq Ft View Prior Sale
10/09/2012 10/09/12 Pending -- -- --
10/03/2012 10/03/12 For Sale $4,000 -- $2 / 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 $1,987 $52,400 $0 $0
2024 $1,987 $43,100 $0 $0
2023 $2,177 $33,800 $0 $0
2022 $2,327 $27,600 $0 $0
2021 $2,261 $22,000 $0 $0
2020 $1,808 $20,300 $0 $0
2019 $1,781 $18,400 $0 $0
2018 $1,564 $15,900 $0 $0
2017 $201 $14,700 $0 $0
2016 $1,274 $12,300 $0 $0
2015 $1,057 $12,300 $0 $0
2013 $1,024 $16,638 $0 $0
2010 -- $24,394 $1,175 $23,219
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 218014830

Realcomp

APN: 21-068965