$79,000
- 2 Beds
- 1 Bath
- 822 Sq Ft
- 5522 Ashley St
- Grosse Pointe, MI
Great Investment Opportunity! Affordable home with Grosse post mailing address close to Chandler Park with tenant.
Moe Siddique BHHS Michigan RE Great Lakes RH
5796 Neff Ave Detroit, MI 48224
Cornerstone Village Neighborhood
4
Beds
2
Baths
1,347
Sq Ft
7,405
Sq Ft Lot
Highlights
- No HOA
- 1 Car Detached Garage
- Forced Air Heating System
- Cass Technical High School Rated 10
- Bungalow
About This Home
As of February 2025Amazing investment opportunity! This property is an instant cashflow opportunity. Property is TENANT OCCUPIED with a Supportive Housing Society at $1350/month! The entire rent is paid by the organization. Similar to Section 8. Lease began July 2023. Professionally managed rental, tenant plans to stay. Don't miss out on this rare opportunity of guaranteed rental income in Detroit. Property being sold as is. All dimensions are estimated and should be verified. Pictures of home from BEFORE tenant moved in. 4 bedrooms, 2 full baths!! **Showings only with accepted offer. Property is tenant occupied, please respect their privacy.** Can be packaged with 4 other occupied rental properties - see MLS 20240060564, 20240060569, 20240060579, 20240061650
Home Details
Home Type
- Single Family
Year Built
- Built in 1941
Lot Details
- 7,405 Sq Ft Lot
- Lot Dimensions are 45.00 x 173.00
Parking
- 1 Car Detached Garage
Home Design
- Bungalow
- Brick Exterior Construction
- Block Foundation
Interior Spaces
- 1,347 Sq Ft Home
- 1.5-Story Property
- Unfinished Basement
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Location
- Ground Level
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
Community Details
- No Home Owners Association
- Neff Road Sub Subdivision
Listing and Financial Details
- Assessor Parcel Number W21I076214S
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 31, 2020
Sold by
Properties In Detroit Llc
Bought by
Dtw Investments Llc
Total Days on Market
115
Purchase Details
Closed on
May 31, 2018
Sold by
Empire Real Estate Holdings Llc
Bought by
Homes Galore Lc
Purchase Details
Closed on
May 24, 2017
Sold by
Citimortgage Inc
Bought by
Empire Real Estate Holdings Llc
Purchase Details
Closed on
Jul 28, 2016
Sold by
Riggins Hamp
Bought by
Citimortgage Inc
Purchase Details
Closed on
Jun 20, 2006
Sold by
Grenwick Nancy L and Davis Nancy L
Bought by
Riggins Hamp
Purchase Details
Closed on
Oct 15, 2002
Sold by
Grenwick James R
Bought by
Davis Nancy L
Map
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $65,000 | Regions Title Agency Llc | |
| Warranty Deed | $45,000 | Regions Title Agency Llc | |
| Quit Claim Deed | $436 | None Available | |
| Quit Claim Deed | $12,500 | Servicelink | |
| Sheriffs Deed | $25,420 | None Available | |
| Warranty Deed | $100,000 | Metropolitan Title Company | |
| Interfamily Deed Transfer | -- | Metropolitan Title Company | |
| Deed | -- | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/24/2025 02/24/25 | Sold | $79,000 | 0.0% | $59 / Sq Ft |
| 02/17/2025 02/17/25 | Pending | -- | -- | -- |
| 10/25/2024 10/25/24 | For Sale | $79,000 | -- | $59 / Sq Ft |
Source: Realcomp
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 | $2,069 | $46,000 | $0 | $0 |
| 2023 | $2,010 | $34,300 | $0 | $0 |
| 2022 | $2,154 | $27,000 | $0 | $0 |
| 2021 | $2,091 | $21,200 | $0 | $0 |
| 2020 | $1,533 | $19,100 | $0 | $0 |
| 2019 | $1,509 | $16,000 | $0 | $0 |
| 2018 | $1,318 | $14,000 | $0 | $0 |
| 2017 | $260 | $14,300 | $0 | $0 |
| 2016 | $1,203 | $16,000 | $0 | $0 |
| 2015 | $1,600 | $16,000 | $0 | $0 |
| 2013 | $2,284 | $22,844 | $0 | $0 |
| 2010 | -- | $33,493 | $1,316 | $32,177 |
Source: Public Records
Source: Realcomp
MLS Number: 20240060340
APN: 21-076214
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