$264,000
SOLD DEC 30, 2024
4 Beds
2 Baths
2,504 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$105 Per Sq Ft

27 Days on Market

Highlights

  • Colonial Architecture
  • Porch
  • 1 Car Garage
  • Cass Technical High School Rated 10

About This Home

As of December 2024

Welcome to this newly renovated investment gem in Detroit! Situated on the city's sought-after east side, this property offers exceptional versatility, with the option to function as either a duplex or a single-family home. Perfect for investors seeking flexibility, it provides an excellent opportunity to generate rental income or be transformed into a charming single-family residence. With its recent updates and prime location, this property is beaming with potential for both growth and profitability. Don't miss out on this versatile Detroit opportunity! Virtually staged photos. Appliances not included.

Last Agent to Sell the Property

Saverio Montalto

DOBI Real Estate License #6501380912 Listed on: 11/15/2024

DOBI Real Estate

Last Buyer's Agent

Justin Schickler

NextHome Aegis Properties License #6501427875

NextHome Aegis Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1930 | Remodeled in 2024

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 40.00 x 150.00

Parking

  • 1 Car Garage

Home Design

  • Duplex
  • Colonial Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 2 Full Bathrooms
  • 2,504 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Outdoor Features

  • Porch

Utilities

  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number W21I074030S

Community Details

Overview

  • 2 Units
  • Eastern Heights Land Companys Sub No 1 Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,358

Year Built

Built in 1930 | Remodeled in 2024

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Colonial, Duplex
  • Architecture Level: 2 Story
  • Assessment: 340.00
  • Year Built: 1930
  • State Equalized Value: 92600.0000
  • Year Renovated: 2024
  • Pets Allowed: Yes
  • Special Features: NewHome
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 2504
  • Total Sq Ft: 2504
  • Sq Ft Total Bsmt: 547

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Poured
  • Frontage Feet: 40
  • Porch Type: Porch
  • Road Frontage Type: Paved

Garage/Parking

  • Garage: Yes
  • MF Parking: Garages
  • Total Parking Spaces: 1

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Radiant
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)

Schools

  • School District: Detroit

Lot Info

  • Lot Size Area: 0.14
  • Lot Dimensions: 40.00 x 150.00
  • Parcel Number: W21I074030S
  • Zoning: Residential

Rental Info

  • Monthly Rental Income: 1850

Tax Info

  • Tax Amount Summer: 2120.0000
  • Tax Amount Winter: 238.0000
  • Total Tax: 2358.0000
  • Taxable Value: 25189.0000

Multi Family

  • Gross Scheduled Income: 22000.00
  • Number Of Units Total: 2
  • Number of Two Bedroom Units: 2

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2024
Closed on
Jun 27, 2024
Sold by
Burdine Connie and Burdine James G
Bought by
Morris Christen
Seller's Agent
Saverio Montalto
DOBI Real Estate
Buyer's Agent
Saverio Montalto
DOBI Real Estate
List Price
$139,000
Sold Price
$125,000
Premium/Discount to List
-$14,000
-10.07%
Total Days on Market
27
Views
73
Current Estimated Value
$260,738

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,738
Avg. Annual Appreciation
120.46%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $125,000 Twenty Two Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $125,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2024 12/30/24 Sold $264,000 0.0% $105 / Sq Ft
12/13/2024 12/13/24 Pending -- -- --
11/15/2024 11/15/24 For Sale $264,000 +111.2% $105 / Sq Ft
06/27/2024 06/27/24 Sold $125,000 -10.1% $50 / Sq Ft
06/04/2024 06/04/24 For Sale $139,000 -- $56 / 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
2024 $1,871 $116,400 $0 $0
2023 $2,062 $92,600 $0 $0
2022 $2,231 $70,600 $0 $0
2021 $2,170 $43,400 $0 $0
2020 $2,159 $41,600 $0 $0
2019 $2,125 $31,600 $0 $0
2018 $1,830 $24,000 $0 $0
2017 $408 $21,500 $0 $0
2016 $2,161 $24,000 $0 $0
2015 $2,400 $24,000 $0 $0
2013 $3,331 $33,310 $0 $0
2010 -- $46,233 $1,604 $44,629
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20240084515

Realcomp

APN: 21-074030