NOT LISTED FOR SALE

Estimated Value: $80,000 - $157,000

4 Beds
2 Baths
2,260 Sq Ft
$50/Sq Ft Est. Value

Last Sold May 21, 2012

Last sale price $6,000 $3 Per Sq Ft

Est. 1,837% increase in value since last sale

Current estimated payment $725/month

12 Days on Market

About This Home

As of May 2012

HUD HOME SOLD AS IS. FHA CASE# 261-926452.LEAD BASE PAINT NOTICES. FHA INSURABILITY CODE(UI). UP TO $1250.00 COMM.TO SELLING BROKER. SHOW ANYTIME ACCESS W/ HUD KEYS.

Last Agent to Sell the Property

James Mariani

World Class Equities LLC License #6504298418 Listed on: 04/19/2012

Last Buyer's Agent

Angela Howard

ERA Country Ridge Realty License #6501304852

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1923

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 50x100

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2 Full Bathrooms
  • 2,260 Sq Ft Home
  • 2-Story Property
  • Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units
  • Grix Home Park Sub Of Ely Pt Of Lots 3 & 4 Subdivision

Listing and Financial Details

  • Assessor Parcel Number W01I006401S

Property Details

Home Type

Multi-Family

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Assessment: YES
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Sq Ft Combined: 2260
  • Total Sq Ft: 2260

Exterior Features

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

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: 33333.0000
  • Lot Size Area: 0.12
  • Lot Dimensions: 50X100
  • Parcel Number: W01I006401S
  • Zoning: Multi-Family
  • Homestead Percent: 0 Percent

Tax Info

  • Tax Amount Summer: 1715.0000
  • Tax Amount Winter: 1104.0000
  • Total Tax: 2819.0000

Multi Family

  • 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
Apr 19, 2012
Closed on
May 14, 2012
Sold by
Secretary Of Housing & Urban Development
Bought by
Matthews Patricia
Seller's Agent
James Mariani
World Class Equities LLC
Buyer's Agent
Angela Howard
ERA Country Ridge Realty
List Price
$4,000
Sold Price
$6,000
Premium/Discount to List
$2,000
50%
Current Estimated Value
$116,216

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,216
Avg. Annual Appreciation
23.26%

Purchase Details

Closed on
Dec 6, 2010
Sold by
Bac Home Loans Servicing Lp
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
May 5, 2010
Sold by
Woolum Scott and Wollum Scott
Bought by
Bac Home Loans Servicing Lp

Purchase Details

Closed on
Jun 30, 2005
Sold by
Gabrys Steve T and Charnley Joseph T
Bought by
Woolum Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
8.25%
Mortgage Type
Stand Alone First
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
Matthews Patricia $6,000 None Available
The Secretary Of Housing & Urban Develop -- None Available
Bac Home Loans Servicing Lp $98,167 None Available
Woolum Scott $80,000 Land Owners Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wollum Scott $87,696
Previous Owner Woolum Scott $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2012 05/21/12 Sold $6,000 +50.0% $3 / Sq Ft
05/01/2012 05/01/12 Pending -- -- --
04/19/2012 04/19/12 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 $1,054 $58,500 $0 $0
2024 $1,054 $49,000 $0 $0
2023 $1,164 $37,900 $0 $0
2022 $1,245 $31,300 $0 $0
2021 $1,260 $26,800 $0 $0
2020 $1,204 $24,700 $0 $0
2019 $1,194 $20,500 $0 $0
2018 $1,053 $18,400 $0 $0
2017 $195 $16,700 $0 $0
2016 $1,155 $44,100 $0 $0
2015 $1,200 $12,000 $0 $0
2013 $1,404 $14,044 $0 $0
2010 -- $20,591 $1,698 $18,893
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 212039490

Realcomp

APN: 01-006401