NOT LISTED FOR SALE

Estimated Value: $47,000 - $167,000

4 Beds
2.5 Baths
2,034 Sq Ft
$53/Sq Ft Est. Value

Last Sold August 17, 2023

Last sale price $7,500 $4 Per Sq Ft

Est. 1,327% increase in value since last sale

Current estimated payment $570/month

150 Days on Market

Highlights

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

About This Home

As of August 2023

Don’t miss the opportunity to invest in this multifamily! 2 bedroom units available for your vision!! Sale contingent on buyer/seller executed development agreement. POF documentation MUST be presented with proposal (not just stated in the proposal), development timelines and offer amounts MUST be included in the proposals. Renovation experience whether DLBA or not, MUST include addresses and BEFORE/AFTER photos. Please note that the Detroit Land Bank Authority is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatements and lot combinations that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing.
be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development

Last Agent to Sell the Property

Natasha Richards

Bellabay Realty Tri Counties License #6502385914 Listed on: 12/12/2022

Last Buyer's Agent

Tina Alfaro

Emmanuel Realty LLC License #6501312815

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1922

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 34.00 x 128.00

Parking

  • 3 Car Garage

Home Design

  • Colonial Architecture
  • Block Foundation
  • Vinyl Construction Material

Interior Spaces

  • 2,034 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 3 Units
  • Dover Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number W18I004724S

Property Details

Home Type

Multi-Family

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1922
  • Pets Allowed: No
  • 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: 2034
  • Total Sq Ft: 2034
  • Sq Ft Total Bsmt: 1017

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Foundation Materials: Block
  • Road Frontage Type: Paved

Garage/Parking

  • Garage: Yes
  • Total Parking Spaces: 3

Utilities

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

Schools

  • School District: Detroit

Lot Info

  • Lot Size Area: 0.10
  • Lot Dimensions: 34.00 x 128.00
  • Parcel Number: W18I004724S
  • Zoning: Residential

Multi Family

  • Number Of Units Total: 3
  • Number of Two Bedroom Units: 2

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2022
Closed on
Aug 17, 2023
Sold by
Detroit Land Bank Authority
Bought by
Rodriguez Gloria
Seller's Agent
Natasha Richards
Bellabay Realty Tri Counties
Buyer's Agent
Tina Alfaro
Emmanuel Realty LLC
List Price
$9,900
Sold Price
$7,500
Premium/Discount to List
-$2,400
-24.24%
Views
617
Current Estimated Value
$107,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,500
Avg. Annual Appreciation
258.89%

Purchase Details

Closed on
Jan 13, 2016
Sold by
Wayne County Treasurer
Bought by
Detroit Land Bank Authority

Purchase Details

Closed on
Feb 24, 2005
Sold by
Williams Lewis Leon
Bought by
Household Finance Corp Iii
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
Rodriguez Gloria $7,500 None Listed On Document
Rodriguez Gloria $7,500 None Listed On Document
Detroit Land Bank Authority -- None Available
Household Finance Corp Iii $64,068 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2023 08/17/23 Sold $7,500 -24.2% $4 / Sq Ft
05/11/2023 05/11/23 Pending -- -- --
12/12/2022 12/12/22 For Sale $9,900 -- $5 / 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 -- $600 $0 $0
2024 -- $0 $0 $0
2023 $0 $0 $0 $0
2022 $0 $0 $0 $0
2021 $0 $0 $0 $0
2020 $764 $0 $0 $0
2019 $764 $0 $0 $0
2018 $0 $0 $0 $0
2017 $60 $0 $0 $0
2016 $340 $600 $0 $0
2015 $60 $600 $0 $0
2013 $574 $20,045 $0 $0
2010 -- $6,207 $555 $5,652
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20221067530

Realcomp

APN: 18-004724