$415,000
SOLD JUL 30, 2021

607 Neff Rd Grosse Pointe, MI 48230

4 Beds
2.5 Baths
2,953 Sq Ft
0.3 Acres

Recently Sold

$141 Per Sq Ft

15% Below List Price

34 Days on Market

Highlights

  • Tudor Architecture
  • Porch
  • 5-minute walk to Rotary Tot Lot
  • Lewis Maire Elementary School Rated A
  • Forced Air Heating System

About This Home

As of April 2023

*PRIME LOCATION * Great investment opportunity... live in one flat and lease out of the other for top dollar rent. Beautifully well-maintained double flat brick Tudor on a larger corner lot in Grosse Pointe seconds from shops and eateries. The upper flat has 2 bedrooms and 1 bathroom. The lower flat has 2 bedrooms and 1,5 bathrooms and can easily be converted into a 3 bedroom unit. this classic home as hardwood floors, fireplaces, and Florida rooms in both units. There are coved ceilings in most of the generous sized rooms. This multi-unit has separate entrances and private access to the basement which has an extra lavatory. New furnaces and separate hot water tanks. Included also is a Private fenced-in backyard for the lower flat, and 2 car garage for parking or storage. Maximize your return on investment by converting this home into a single-family residence with an outstanding after rehab value. So many possibilities here. Bring your offers!

Last Agent to Sell the Property

Erick Monzo

Keller Williams Realty-Great Lakes License #6501330189 Listed on: 05/26/2021

Keller Williams Realty-Great Lakes

Co-Listed By

Randi Schmidt

Keller Williams Realty-Great Lakes License #6501425273

Last Buyer's Agent

Jimmy Saros

Jim Saros Real Estate Services License #6501398798

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1928

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 83.30x155.90

Home Design

  • Tudor Architecture
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 2,953 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 37002030025001

Community Details

Overview

  • 2 Units
  • The C Neff Estates Sub Subdivision

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,693

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Tudor
  • Architecture Level: 2 Story
  • Year Built: 1928
  • State Equalized Value: 190600.0000
  • Pets Allowed: Call
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 2953
  • Total Sq Ft: 2953
  • Sq Ft Total Bsmt: 1500

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block
  • Frontage Feet: 83
  • Porch Type: Porch
  • Road Frontage Type: Paved

Utilities

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

Schools

  • School District: Grosse Pointe

Lot Info

  • Lot Size Area: 0.30
  • Lot Dimensions: 83.30X155.90
  • Parcel Number: 37002030025001
  • Zoning: Multi-Family
  • Percent Homestead Exempt: Yes

Tax Info

  • Tax Amount Summer: 3870.0000
  • Tax Amount Winter: 2823.0000
  • Total Tax: 6693.0000
  • Taxable Value: 111341.0000

Multi Family

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

MLS Schools

  • School District: Grosse Pointe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2023
Closed on
Apr 21, 2023
Sold by
607 Neff Llc
Bought by
Greenlee William
Seller's Agent
Jimmy Saros
Jim Saros Real Estate Services
Buyer's Agent
Debbie Bondar
INACTIVE OFFICES
List Price
$475,000
Sold Price
$470,000
Premium/Discount to List
-$5,000
-1.05%
Views
362
Current Estimated Value
$537,047

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,047
Avg. Annual Appreciation
6.34%
Original Mortgage
$456,577
Outstanding Balance
$446,346
Interest Rate
6.42%
Mortgage Type
FHA
Estimated Equity
$90,701

Purchase Details

Listed on
May 26, 2021
Closed on
Jul 28, 2021
Sold by
Smith Kathleen
Bought by
607 Neff Llc
Seller's Agent
Erick Monzo
Keller Williams Realty-Great Lakes
Buyer's Agent
Jimmy Saros
Jim Saros Real Estate Services
List Price
$490,000
Sold Price
$415,000
Premium/Discount to List
-$75,000
-15.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.46%

Purchase Details

Closed on
Feb 28, 2007
Sold by
Vermilion Rita J and Rita J Vermilion Trust
Bought by
Smith Kathleen

Purchase Details

Closed on
Nov 27, 2006
Sold by
Vermilion Rita J and Rita J Vermilion Trust
Bought by
Vermilion Rita J and Rita J Vermilion Trust

Purchase Details

Closed on
May 15, 2003
Sold by
Vermilion Mark A
Bought by
Mark A Vermilion Revocable Living Trust

Purchase Details

Closed on
Feb 5, 2003
Sold by
Vermilion Rita J and Rita J Vermilion Trust
Bought by
Vermilion Rita J and Rita J Vermilion Trust
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 $470,000 Chirco Title Agency
Warranty Deed $415,000 Michigan Title Ins Agcy Inc
Warranty Deed $298,400 Capital Title Ins Agency
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $456,577 FHA
Previous Owner $38,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2024 03/01/24 Rented $1,775 -2.7% --
03/01/2024 03/01/24 Under Contract -- -- --
02/15/2024 02/15/24 Price Changed $1,825 -2.4% $1 / Sq Ft
01/25/2024 01/25/24 Price Changed $1,870 -0.3% $1 / Sq Ft
01/03/2024 01/03/24 Price Changed $1,875 -2.6% $1 / Sq Ft
11/20/2023 11/20/23 For Rent $1,925 0.0% --
04/21/2023 04/21/23 Sold $470,000 0.0% $159 / Sq Ft
04/05/2023 04/05/23 Pending -- -- --
03/16/2023 03/16/23 Off Market $470,000 -- --
02/08/2023 02/08/23 For Sale $475,000 +14.5% $161 / Sq Ft
07/30/2021 07/30/21 Sold $415,000 -3.5% $141 / Sq Ft
06/30/2021 06/30/21 Pending -- -- --
06/23/2021 06/23/21 Price Changed $429,900 -12.3% $146 / Sq Ft
05/26/2021 05/26/21 For Sale $490,000 -- $166 / 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 $7,939 $233,500 $0 $0
2023 $7,507 $227,500 $0 $0
2022 $13,760 $210,000 $0 $0
2021 $6,581 $197,800 $0 $0
2019 $6,633 $164,600 $0 $0
2018 $3,618 $137,500 $0 $0
2017 $5,053 $136,000 $0 $0
2016 $6,038 $129,900 $0 $0
2015 $10,327 $119,800 $0 $0
2013 $10,004 $103,900 $0 $0
2012 -- $97,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2210037941

Realcomp

APN: 37-002-03-0025-001