NOT LISTED FOR SALE

6342 Tuxedo St Detroit, MI 48204

Oakman Boulevard Community Neighborhood

Estimated Value: $88,000 - $104,000

4 Beds
2 Baths
2,030 Sq Ft
$47/Sq Ft Est. Value

Last Sold July 13, 2021

Last sale price $60,000 $30 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $581/month

20 Days on Market

Highlights

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

About This Home

As of July 2021

TURNKEY INVESTMENT PROPERTY. YOU WILL NOT BE DISSAPPOINTED. BATVAI. PURCHASER TO PAY LISTING BROKER A $495 TRANSACTION FEE AT CLOSING.

Last Agent to Sell the Property

Kenneth Evans

Reach Realty Group License #6501367910 Listed on: 02/24/2021

Last Buyer's Agent

Rhonda Milner

Reach Realty Group License #RCO-6501283271

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1924

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 35.00x119.00

Home Design

  • Colonial Architecture
  • Block Foundation

Interior Spaces

  • 2 Full Bathrooms
  • 2,030 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Sewer in Street

Community Details

  • 2 Units
  • Ponchartrain Heights Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number W16I005684S

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,150

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Assessment: 340
  • Year Built: 1924
  • State Equalized Value: 10800.0000
  • Pets Allowed: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 2030
  • Total Sq Ft: 2030
  • Sq Ft Total Bsmt: 800

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Aluminum
  • Foundation Materials: Block
  • Road Frontage Type: Pub. Sidewalk

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Sewer at Street
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 650000.0000
  • Lot Size Area: 0.10
  • Lot Dimensions: 35.00X119.00
  • Parcel Number: W16I005684S
  • Zoning: Multi-Family

Rental Info

  • Monthly Rental Income: 1000

Tax Info

  • Tax Amount Summer: 1065.0000
  • Tax Amount Winter: 85.0000
  • Total Tax: 1150.0000
  • Taxable Value: 9171.0000

Multi Family

  • Gross Scheduled Income: 12000.00
  • Number Of Units Total: 2
  • Unit Count: 1
  • Number of Two Bedroom Units: 2
  • Number Of Units Leased: 2

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2021
Closed on
Jun 28, 2021
Sold by
Tuxedo Raf Llc
Bought by
Batiste Raymond
Seller's Agent
Kenneth Evans
Reach Realty Group
Buyer's Agent
Rhonda Milner
Reach Realty Group
List Price
$65,000
Sold Price
$60,000
Premium/Discount to List
-$5,000
-7.69%
Current Estimated Value
$94,444

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,444
Avg. Annual Appreciation
11.21%
Original Mortgage
$48,750
Outstanding Balance
$44,233
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$50,211

Purchase Details

Closed on
Feb 1, 2018
Sold by
Detroit 21 Properties Llc
Bought by
Tuxedo Raf Llc

Purchase Details

Closed on
Nov 8, 2017
Sold by
Golden Wendell and Golden Wendelle
Bought by
Detroit 2L Properties Llc

Purchase Details

Closed on
Aug 10, 2007
Sold by
Fannie Mae
Bought by
Golden Wendell

Purchase Details

Closed on
Sep 9, 2006
Sold by
Duke Harrison R and Duke Herenia
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Dec 24, 2002
Sold by
Morton Omar
Bought by
Duke Harrison R
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
Batiste Raymond $65,000 Regions Title Agency Llc
Tuxedo Raf Llc $53,000 First American Title Ins Co
Detroit 2L Properties Llc $27,500 First American Title Ins Co
Golden Wendell $8,500 Greco
Federal National Mortgage Association -- None Available
Duke Harrison R $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Batiste Raymond $48,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/13/2021 07/13/21 Sold $60,000 -7.7% $30 / Sq Ft
03/17/2021 03/17/21 Pending -- -- --
02/24/2021 02/24/21 For Sale $65,000 -- $32 / 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 $979 $17,200 $0 $0
2024 $979 $14,300 $0 $0
2023 $1,196 $11,115 $0 $0
2022 $1,345 $11,500 $0 $0
2021 $1,082 $8,500 $0 $0
2020 $1,152 $10,800 $0 $0
2019 $1,136 $9,000 $0 $0
2018 $925 $7,600 $0 $0
2017 $128 $7,000 $0 $0
2016 $875 $28,700 $0 $0
2015 $700 $7,000 $0 $0
2013 $977 $9,770 $0 $0
2010 -- $13,999 $765 $13,234
Source: Public Records

Agents Affiliated with this Home

  • Kenneth Evans

    Seller's Agent in 2021

    Kenneth Evans

    Reach Realty Group

    (313) 704-2892

    2 in this area

    86 Total Sales

    Kenneth Evans
    Section Image
  • Rhonda Milner

    Buyer's Agent in 2021

    Rhonda Milner

    Reach Realty Group

    (313) 580-8224

    1 in this area

    24 Total Sales

    Rhonda Milner
    Section Image
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Map

Source: Realcomp

MLS Number: 2210012117

Realcomp

APN: 16-005684

Michigan Wayne County Detroit 48204 Oakman Boulevard Community

6342 Tuxedo St, Detroit, MI

This home is located at 6342 Tuxedo St, Detroit, MI 48204 since 24 February 2021 and is currently estimated at $94,444, approximately $46 per square foot. This property was built in 1924. 6342 Tuxedo St is a home located in Wayne County with nearby schools including Durfee Elementary-Middle School, Charles L. Spain Elementary-Middle School, and Edward 'Duke' Ellington Conservatory of Music and Art.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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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