M
Seller's Agent in 2024
Matthew Stansky
Good Company
(248) 288-3500
170 Total Sales
607 Neff Rd Grosse Pointe, MI 48230
4
Beds
2.5
Baths
2,953
Sq Ft
0.3
Acres
Highlights
- Colonial Architecture
- Central Air
- 5-minute walk to Rotary Tot Lot
- Lewis Maire Elementary School Rated A
- 2 Car Garage
About This Home
As of April 2023Rare offering to acquire a large 2 unit multifamily building in the heart of The Village- The Pointes most in demand location! An ideal opportunity to generate a strong passive income source, live in a unit and rent out the other to cover carrying costs, or convert to a single family home! Situated on a spacious lot and a half, 607 Neff consists of an upper and lower flat, each with stunning original features and beautiful fireplaces in the spacious living rooms. The lower flat has central AC, a large family room, large dining room, 1 full bath and a half bath en suite, 2 sizable bedrooms, and a 3 seasons room. The upper flat features original hardwood floors that were just refinished, fresh paint, 2 sizable bedrooms, and a full bath. Divided yard so each tenant can have separate green space! Spacious 2 car garage & an additional 2 off street parking spaces. Projected income of $2,300+ month for the lower unit and $2,100+/ month for the upper unit with cosmetic improvements. Separate gas/ electric meters for each unit. Walk to GP's finest dining, nightlife, & shopping!
Last Agent to Sell the Property
Jim Saros Real Estate Services License #6501398798 Listed on: 02/08/2023
Last Buyer's Agent
Debbie Bondar
INACTIVE OFFICES
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
Year Built
- Built in 1928
Lot Details
- 0.3 Acre Lot
- Lot Dimensions are 83.30 x 155.90
Parking
- 2 Car Garage
Home Design
- Colonial Architecture
- Brick Exterior Construction
- Block Foundation
Interior Spaces
- 2,953 Sq Ft Home
- 2-Story Property
- Unfinished Basement
Utilities
- Central Air
- Heating System Uses Natural Gas
- Radiant Heating System
- Sewer in Street
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
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,518
Avg. Annual Appreciation
5.67%
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
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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
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 | $7,939 | $240,800 | $0 | $0 |
| 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
-
Matthew Stansky
-
Elizabeth Primeau
Seller Co-Listing Agent in 2024
Elizabeth Primeau
@properties Christie's Int'l R.E. Royal Oak
(248) 225-8960
138 Total Sales
-
Jimmy Saros
Seller's Agent in 2023
Jimmy Saros
Jim Saros Real Estate Services
(313) 729-7857
22 in this area
241 Total Sales
-
D
Buyer's Agent in 2023
Debbie Bondar
INACTIVE OFFICES
-
Tiana Myers
Buyer's Agent in 2023
Tiana Myers
EXP Realty Main
(248) 770-7438
1 in this area
12 Total Sales
-
Erick Monzo
Seller's Agent in 2021
Erick Monzo
Keller Williams Realty-Great Lakes
(586) 210-3350
2 in this area
1,874 Total Sales
Map
Source: Realcomp
MLS Number: 20230008903
APN: 37-002-03-0025-001
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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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