NOT LISTED FOR SALE

625 Eureka Rd Wyandotte, MI 48192

Estimated Value: $206,581 - $254,000

3 Beds
2 Baths
1,506 Sq Ft
$155/Sq Ft Est. Value

Last Sold February 28, 2014

Last sale price $23,000 $15 Per Sq Ft

Est. 915% increase in value since last sale

Current estimated payment $1,455/month

13 Days on Market

Highlights

  • Covered Patio or Porch
  • Hot Water Heating System
  • 2 Car Garage

About This Home

As of February 2014

GREAT INVESTMENT * LIVE IN LOWER UNIT AND RENT OUT THE OTHER * HOME HAS LOTS OF POTENTIAL AND GREAT CHARACTER * FULL FRONT PORCH * EACH UNIT HAS PRIVATE ENTRY * LOWER UNIT HAS SEPERATE DINING ROOM * FULL BASEMENT AVAILABLE FOR COMMON USE * 2-CAR DETACHED GARAGE AND PULL UP DRIVE-WAY * CLOSE TO MAJOR FREEWAYS AND SHOPPING *

Last Agent to Sell the Property

Rebecca Daniels

Pinnacle Real Estate and Investments License #6502345850 Listed on: 12/28/2013

Last Buyer's Agent

Tami Jo Schuetzler

RE/MAX Leading Edge License #RCO

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1892

Lot Details

  • 6,970

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Poured Concrete

Interior Spaces

  • 2 Full Bathrooms
  • 1,506 Sq Ft Home
  • 1.5-Story Property
  • Basement

Utilities

  • Back Up Electric Heat Pump System
  • Hot Water Heating System

Additional Features

  • Covered Patio or Porch
  • Lot Dimensions are 50.00x140.00

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 57020090005000

Property Details

Home Type

Multi-Family

Year Built

Built in 1892

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 1 1/2 Story
  • Year Built: 1892
  • Special Features: 20
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Total Sq Ft: 1506

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Aluminum
  • Foundation Materials: Poured
  • Porch Type: Porch - Covered
  • Road Frontage Type: Pub. Sidewalk

Garage/Parking

  • Garage: Yes
  • MF Parking: Garages
  • Total Parking Spaces: 2

Utilities

  • Heating Fuel: Electric
  • Heating: Hot Water
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Lot Info

  • Lot Dimensions: 50.00X140.00
  • Parcel Number: 57020090005000
  • Zoning: Multi-Family
  • Percent Homestead Exempt: Yes

Rental Info

  • Monthly Rental Income: 850

Tax Info

  • Tax Amount Summer: 1974.0000
  • Tax Amount Winter: 440.0000
  • Total Tax: 2414.0000

Multi Family

  • Gross Scheduled Income: 10200.00
  • Number Of Units Total: 2

MLS Schools

  • School District: Wyandotte

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 28, 2013
Closed on
Jan 22, 2014
Sold by
Deutsche Bank National Trust Company
Bought by
Hamer Kevin
Seller's Agent
Rebecca Daniels
Pinnacle Real Estate and Investments
Buyer's Agent
Tami Jo Schuetzler
RE/MAX Leading Edge
List Price
$24,900
Sold Price
$23,000
Premium/Discount to List
-$1,900
-7.63%
Current Estimated Value
$233,395

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$210,395
Avg. Annual Appreciation
21.96%

Purchase Details

Closed on
Apr 4, 2013
Sold by
Smith Charles M and Sadow Debra
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Apr 8, 2009
Sold by
Smith Charles M and Sadow Debra
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Aug 9, 2006
Sold by
Smith Charles M
Bought by
Smith Charles M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,800
Interest Rate
10.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 26, 2004
Sold by
Mathewson Marian O
Bought by
Bayview Financial Property Trust
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
Hamer Kevin $23,000 None Available
Deutsche Bank National Trust Company $35,275 None Available
Deutsche Bank National Trust Company $39,900 None Available
Smith Charles M -- Wolverine Title & Escrow Age
Bayview Financial Property Trust $41,747 Greco
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Charles M $145,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2014 02/28/14 Sold $23,000 -7.6% $15 / Sq Ft
01/10/2014 01/10/14 Pending -- -- --
12/28/2013 12/28/13 For Sale $24,900 -- $17 / 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 $2,800 $89,300 $0 $0
2024 $2,800 $86,600 $0 $0
2023 $2,670 $83,500 $0 $0
2022 $3,093 $81,600 $0 $0
2021 $3,031 $75,900 $0 $0
2020 $2,989 $61,400 $0 $0
2019 $2,948 $59,400 $0 $0
2018 $2,300 $60,800 $0 $0
2017 $1,023 $60,800 $0 $0
2016 $3,284 $54,300 $0 $0
2015 $4,759 $50,400 $0 $0
2013 $4,610 $46,100 $0 $0
2012 $2,024 $48,300 $11,500 $36,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 213206836

Realcomp

APN: 57-020-09-0005-000