NOT LISTED FOR SALE

5962 Casper St Detroit, MI 48210

Claytown Neighborhood

Estimated Value: $136,661 - $168,000

4 Beds
5 Baths
1,950 Sq Ft
$78/Sq Ft Est. Value

Last Sold April 21, 2022

Last sale price $115,000 $59 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $1,019/month

80 Days on Market

Highlights

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

About This Home

As of April 2022

This sale includes two multi- family homes! Both homes must be sold together and has opportunity for a great income! The units are well maintained .There are 4 ,2 bed units that are nice sized and one nice size 3 bed. You could live in one unit and have the other units make your house payment!! They are all well kept and lived in but everyone is on a month to month ! The current owner has never raised the rent over $500, at todays rates that leaves a lot of room to increase and increase your return! There is a very large carport shared between the two that has 5 parking spots. The side yard is fenced so there is room for kids to play. All of this is right across the street from Maude Priest Elementary school !
Includes 5956 Casper St & 5962 Casper St Detroit
Must have 48 hour notice for appointments so that tenants can be notified and as many units as possible can be viewed.
Buyers agent to verify all information, Licensed agent must be at all appointments including inspections

Last Agent to Sell the Property

Ruby Schmitt

Power House Group Realty License #6501271882 Listed on: 12/06/2021

Last Buyer's Agent

Al Alfarajalla

RE/MAX Team 2000 License #6501417801

RE/MAX Team 2000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1928

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 60.00x115.00

Parking

  • 5 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 5 Full Bathrooms
  • 1,950 Sq Ft Home
  • 2-Story Property
  • Finished Basement

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • 5 Units
  • Tannenholzs Realty Co Subdivision

Listing and Financial Details

  • Assessor Parcel Number W20I006902C3

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$777

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Assessment: 340
  • Year Built: 1928
  • State Equalized Value: 20500.0000
  • Pets Allowed: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available
  • Total Bathrooms: 5.00
  • Full Bathrooms: 5
  • Basement: Yes
  • Basement Type: Finished
  • Sq Ft Combined: 2700
  • Sq Ft Lower Floor: 750
  • Total Sq Ft: 1950
  • Sq Ft Total Bsmt: 800

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick, Vinyl
  • Foundation Materials: Block
  • Frontage Feet: 60
  • Porch Type: Porch
  • Road Frontage Type: Paved

Garage/Parking

  • MF Parking: Carports
  • Total Parking Spaces: 5

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

  • Lot Size Area: 0.15
  • Lot Dimensions: 60.00X115.00
  • Parcel Number: W20I006902C3
  • Encroachment: Yes
  • Zone Conform: Yes
  • Zoning: Multi-Family

Rental Info

  • Rent Includes: Trash Collection (Garbage Pickup)
  • Legal Rental Certified: Yes
  • Monthly Rental Income: 2500

Tax Info

  • Tax Amount Summer: 730.0000
  • Tax Amount Winter: 47.0000
  • Total Tax: 777.0000
  • Taxable Value: 5012.0000

Multi Family

  • Gross Scheduled Income: 30000.00
  • Number Of Units Total: 5
  • Unit Count: 2
  • Number of Two Bedroom Units: 2
  • Number Of Units Leased: 5

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2021
Closed on
Apr 21, 2022
Sold by
Ortega Estorgio G and Ortega Maria G
Bought by
Khaled Imad
Seller's Agent
Ruby Schmitt
Power House Group Realty
Buyer's Agent
Al Alfarajalla
RE/MAX Team 2000
List Price
$125,000
Sold Price
$115,000
Premium/Discount to List
-$10,000
-8%
Current Estimated Value
$152,415

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,415
Avg. Annual Appreciation
8.48%
Original Mortgage
$86,250
Outstanding Balance
$81,712
Interest Rate
5.11%
Mortgage Type
New Conventional
Estimated Equity
$70,703

Purchase Details

Closed on
Jun 20, 2007
Sold by
Ortiz Sergio and Ortiz Manuel
Bought by
Ortega Estorgio
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
Khaled Imad $115,000 None Listed On Document
Khaled Imad -- None Listed On Document
Ortega Estorgio $88,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khaled Imad $86,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/21/2022 04/21/22 Sold $115,000 -8.0% $59 / Sq Ft
02/25/2022 02/25/22 Pending -- -- --
12/06/2021 12/06/21 For Sale $125,000 -- $64 / 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 $2,496 $42,800 $0 $0
2024 $2,496 $36,000 $0 $0
2023 $2,426 $28,400 $0 $0
2022 $452 $23,900 $0 $0
2021 $677 $20,500 $0 $0
2020 $677 $20,800 $0 $0
2019 $769 $17,500 $0 $0
2018 $705 $13,700 $0 $0
2017 $88 $14,000 $0 $0
2016 $749 $4,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2022

    Ruby Schmitt

    Power House Group Realty

    Section Image
  • Al Alfarajalla

    Buyer's Agent in 2022

    Al Alfarajalla

    RE/MAX

    (313) 471-9045

    6 in this area

    171 Total Sales

    Al Alfarajalla
    Section Image
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Map

Source: Realcomp

MLS Number: 2210099522

Realcomp

APN: 20-0069023

Michigan Wayne County Detroit 48210 Claytown

5962 Casper St, Detroit, MI

This home is located at 5962 Casper St, Detroit, MI 48210 since 06 December 2021 and is currently estimated at $152,415, approximately $78 per square foot. This property was built in 1928. 5962 Casper St is a home located in Wayne County with nearby schools including Priest Elementary-Middle School, Charles L. Spain Elementary-Middle School, and Edward 'Duke' Ellington Conservatory of Music and Art.

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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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