NOT LISTED FOR SALE

Estimated Value: $103,000 - $342,000

4 Beds
2 Baths
2,376 Sq Ft
$81/Sq Ft Est. Value

Last Sold November 21, 2019

Last sale price $60,000 $25 Per Sq Ft

Est. 228% increase in value since last sale

Current estimated payment $1,116/month

32 Days on Market

Highlights

  • Colonial Architecture
  • Cass Technical High School Rated 10
  • Forced Air Heating System

About This Home

As of November 2019

BRICK COLONIAL HOME LOCATED IN THE ISLANDVIW AREA WHERE TONS OF REDEVELOPMENT IS HAPPENING. HOME FEATURES 2 BEDROOMS UPPER AND LOWER UNIT. HOME IS JUST MINUTES FROM DOWNTOWN DETROIT, RIVER WALK, LOCAL BARS, RESTAURANTS AND BELLE ISLE PARK. SOLD AS IS. THE HOME COMES WITH THE LOT NEXT DOOR. THE LOT CAN BE USED FOR A NEW GARAGE OR POSSIBLY ANOTHER HOME. ALL INFO AND MEASUREMENTS ARE ESTIMATED. BATVAI. SELLER DOES NOT HAVE ACCESS TO THE INSIDE. THE PROPERTY IS OCCUPIED WITH NON PAYING TENANTS. EXTERIOR VIEWINGS ONLY. SELLER WILL LOOK AT ALL REASONABLE OFFERS. SEND YOURS IN TODAY. PROPERTY IS BEING SOLD ON A QUIT CLAIM DEED. HOWEVER, BUYER WILL PAY CURRENT WATER BILL AND PRO RATE TAXES AT CLOSING. BUYER CAN PAY FOR TITLE POLICY. BUYER HAS TO REMOVE TENANTS.

Last Agent to Sell the Property

LaTrina Spencer

Supreme Realty License #6502394167 Listed on: 10/19/2019

Last Buyer's Agent

Matthew Bush

RE/MAX First License #RCO-6501404811

RE/MAX First

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1914

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 30.00x153.30

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 2 Full Bathrooms
  • 2,376 Sq Ft Home
  • 3-Story Property
  • 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 W15I011791S

Community Details

Overview

  • 2 Units
  • Frances E Russels Sub Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$678

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Colonial
  • Architecture Level: 3 Story
  • Year Built: 1914
  • State Equalized Value: 16000.0000
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Common
  • Sq Ft Combined: 2376
  • Total Sq Ft: 2376
  • Sq Ft Total Bsmt: 800

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block
  • Frontage Feet: 30
  • Road Frontage Type: Paved

Utilities

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

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 772727.2727
  • Lot Size Area: 0.11
  • Lot Dimensions: 30.00X153.30
  • Parcel Number: W15I011791S
  • Zoning: Residential

Tax Info

  • Tax Amount Summer: 641.0000
  • Tax Amount Winter: 37.0000
  • Total Tax: 678.0000
  • Taxable Value: 3914.0000

Multi Family

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

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 19, 2025
Sold by
Henriksson Nils Viktor
Bought by
Third Rock Properties Llc
Current Estimated Value
$196,943

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,600
Outstanding Balance
$288,122
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
-$155,843

Purchase Details

Listed on
Oct 19, 2019
Closed on
Nov 21, 2019
Sold by
Washington Tony S
Bought by
Henriksson Nils Viktor
Seller's Agent
LaTrina Spencer
Supreme Realty
Buyer's Agent
Matthew Bush
RE/MAX First
List Price
$110,000
Sold Price
$60,000
Premium/Discount to List
-$50,000
-45.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.82%

Purchase Details

Closed on
Jul 14, 2011
Sold by
Bedrock Property Management Co
Bought by
Washington Tony S
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
Third Rock Properties Llc -- None Listed On Document
Henriksson Nils Viktor $60,000 Red Carpet Title Agency Llc
Washington Tony S -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Third Rock Properties Llc $288,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2019 11/21/19 Sold $60,000 -29.4% $25 / Sq Ft
11/20/2019 11/20/19 Pending -- -- --
10/28/2019 10/28/19 Price Changed $85,000 -22.7% $36 / Sq Ft
10/19/2019 10/19/19 For Sale $110,000 -- $46 / 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 $455 $67,600 $0 $0
2024 $455 $57,400 $0 $0
2023 $686 $44,900 $0 $0
2022 $714 $30,100 $0 $0
2021 $701 $21,700 $0 $0
2020 $701 $21,500 $0 $0
2019 $695 $16,500 $0 $0
2018 $641 $16,000 $0 $0
2017 $73 $16,400 $0 $0
2016 $678 $62,300 $0 $0
2015 $400 $4,000 $0 $0
2013 $466 $4,661 $0 $0
2010 -- $6,834 $344 $6,490
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 219107730

Realcomp

APN: 15-011791