NOT LISTED FOR SALE

612 E Philadelphia St Detroit, MI 48202

North End Neighborhood

Estimated Value: $202,000 - $303,000

6 Beds
4 Baths
2,720 Sq Ft
$94/Sq Ft Est. Value

Last Sold January 29, 2021

Last sale price $195,000 $72 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $1,414/month

4 Days on Market

Highlights

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

About This Home

As of January 2021

Great investment opportunity in the North End neighborhood. Property is in the located within close proximity to the growing New Center neighborhood. Duplex has 3 bedrooms and 1.5 baths in each unit. Great bones ready for your cosmetic updates. Sale also includes adjacent vacant lot.

Last Agent to Sell the Property

Austin Black

@properties Christie's Int'l R.E. Detroit License #6501336434 Listed on: 11/12/2020

@properties Christie's Int'l R.E. Detroit

Last Buyer's Agent

Randall Fogelman

O'Connor Realty Detroit, LLC License #6501278483

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $240

Year Built

  • Built in 1910

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 19.00x125.00

Home Design

  • Craftsman Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2,720 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 W03I002223S002L
  • $742 Seller Concession

Community Details

Overview

  • 2 Units
  • Bela Hubbards Sub Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$240

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Craftsman, Townhouse
  • Architecture Level: 2 Story
  • Assessment: 240
  • Year Built: 1910
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.20
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 2720
  • Total Sq Ft: 2720
  • Sq Ft Total Bsmt: 1360

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Brick
  • Frontage Feet: 40
  • Porch Type: Porch
  • Road Frontage Type: Paved, Pub. Sidewalk

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Sewer-Sanitary
  • Water Heater Fuel: Natural Gas
  • Water Source: Municipal Water
  • Laundry Facilities: No

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 3250000.0000
  • Lot Size Area: 0.06
  • Lot Dimensions: 19.00X125.00
  • Parcel Number: W03I002223S002L
  • Zoning: Residential

Tax Info

  • Tax Amount Summer: 240.0000
  • Total Tax: 240.0000

Multi Family

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

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2020
Closed on
Jan 29, 2021
Sold by
Ruth Ellis Centre Inc
Bought by
Inchaustegui Nicolas
Seller's Agent
Austin Black
@properties Christie's Int'l R.E. Detroit
Buyer's Agent
Randall Fogelman
O'Connor Realty Detroit, LLC
List Price
$195,000
Sold Price
$195,000
Current Estimated Value
$255,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,667
Avg. Annual Appreciation
8.29%
Original Mortgage
$165,750
Outstanding Balance
$148,330
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$132,337

Purchase Details

Closed on
Apr 9, 2003
Sold by
Lobster Michael
Bought by
Ruth Ellis Center Inc
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
Inchaustegui Nicolas $195,000 Etitle Agency Inc
Ruth Ellis Center Inc -- First Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Inchaustegui Nicolas $165,750
Previous Owner Michigan Interfaith Trust Fund $15,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2021 01/29/21 Sold $195,000 0.0% $72 / Sq Ft
11/17/2020 11/17/20 Pending -- -- --
11/12/2020 11/12/20 For Sale $195,000 -- $72 / 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 -- $0 $0 $0
2024 $250 $0 $0 $0
2023 $0 $0 $0 $0
2022 $360 $0 $0 $0
2021 $180 $0 $0 $0
2020 $502 $0 $0 $0
2019 $240 $0 $0 $0
2018 $0 $0 $0 $0
2017 -- $0 $0 $0
2016 -- $0 $0 $0
2015 $240 $0 $0 $0
2013 $240 $0 $0 $0
2010 -- $335 $335 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2200093213

Realcomp

APN: 03-00-222-30-02L