NOT LISTED FOR SALE

Estimated Value: $71,000 - $118,000

3 Beds
2 Baths
1,596 Sq Ft
$55/Sq Ft Est. Value

Last Sold September 25, 2023

Last sale price $64,000 $40 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $634/month

28 Days on Market

Highlights

  • Porch
  • Bungalow
  • Laundry Facilities
  • Cass Technical High School Rated 10
  • Forced Air Heating System
  • 4-minute walk to Minock & Whitlock Park

About This Home

As of September 2023

This two-family flat presents a lucrative investment opportunity, featuring a rented upper unit generating a steady income of $675. The property boasts a reliable, long-term tenant who has occupied the unit for multiple years, adding stability and potential for hassle-free management. With a proven rental history, this property offers an attractive prospect for those seeking a consistent rental income stream.

Last Agent to Sell the Property

Laura Sanchez

Creative USA Investment Group LLC License #6502413397 Listed on: 08/17/2023

Last Buyer's Agent

Ban Abas

Century 21 Curran & Oberski License #6501425002

Century 21 Curran & Oberski

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1926

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 35.00 x 122.00

Home Design

  • Bungalow
  • Block Foundation

Interior Spaces

  • 2 Full Bathrooms
  • 1,596 Sq Ft Home
  • 2-Story Property
  • Partially Finished Basement

Parking

  • 2 Parking Spaces
  • On-Street Parking

Outdoor Features

  • Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number W22I089060S

Community Details

Overview

  • 2 Units
  • Frischkorns Estates Subdivision

Amenities

  • Laundry Facilities

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$783

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Bungalow
  • Architecture Level: 2 Story
  • Year Built: 1926
  • State Equalized Value: 13500.0000
  • Pets Allowed: Call
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Laundry Facility
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Partially Finished
  • Sq Ft Combined: 1596
  • Total Sq Ft: 1596
  • Sq Ft Total Bsmt: 912

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Aluminum, Wood
  • Foundation Materials: Block
  • Porch Type: Porch
  • Road Frontage Type: Paved

Garage/Parking

  • MF Parking: On Street
  • Total Parking Spaces: 2

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary), Sewer at Street
  • Water Source: Public (Municipal), Water at Street
  • Laundry Facilities: Yes

Schools

  • School District: Detroit

Lot Info

  • Lot Size Area: 0.10
  • Lot Dimensions: 35.00 x 122.00
  • Parcel Number: W22I089060S
  • Zoning: Multi-Family, Residential

Rental Info

  • Rent Includes: Trash Collection (Garbage Pickup)
  • Monthly Rental Income: 675

Tax Info

  • Tax Amount Summer: 699.0000
  • Tax Amount Winter: 84.0000
  • Total Tax: 783.0000
  • Taxable Value: 8964.0000

Multi Family

  • Gross Scheduled Income: 8100.00
  • Number Of Units Total: 2
  • Number of One Bedroom Units: 1
  • Number of Two Bedroom Units: 1
  • Number Of Units Leased: 1

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2023
Closed on
Sep 25, 2023
Sold by
Mieth Ingrid Joos
Bought by
All Hizam
Seller's Agent
Laura Sanchez
Creative USA Investment Group LLC
Buyer's Agent
Ban Abas
Century 21 Curran & Oberski
List Price
$90,000
Sold Price
$64,000
Premium/Discount to List
-$26,000
-28.89%
Views
59
Current Estimated Value
$87,931

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,931
Avg. Annual Appreciation
16.31%

Purchase Details

Closed on
Jan 22, 2018
Sold by
Alkanani Saad
Bought by
Sandhaus Llc

Purchase Details

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

Purchase Details

Listed on
Jul 15, 2011
Closed on
May 8, 2012
Sold by
Secretary Of Housing & Urban Development
Bought by
Kirkland Corey
Seller's Agent
Balaver Rose
Blue Sky Home Services
Buyer's Agent
Chad Evans
Pointes Realty LLC
List Price
$11,500
Sold Price
$6,200
Premium/Discount to List
-$5,300
-46.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.81%

Purchase Details

Closed on
Apr 25, 2011
Sold by
Everbank
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Oct 20, 2010
Sold by
Casanova Shellie and Casanova Anthony
Bought by
Everbank

Purchase Details

Closed on
Jun 25, 2003
Sold by
Casanova Shellie and Rocafort Shellie
Bought by
Casanova Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,292
Interest Rate
6.44%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 4, 2002
Sold by
Hall Diane E and Hall Fred J
Bought by
Rocafort Shellie
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
All Hizam $64,000 Devon Title
All Hizam $64,000 Devon Title
Sandhaus Llc $32,500 Fidelity National Title
Detroit Land Bank Authority -- None Available
Kirkland Corey $6,200 None Available
The Secretary Of Housing & Urban Develop -- None Available
Everbank $119,552 None Available
Casanova Anthony -- Complete Title Services Of S
Rocafort Shellie $118,000 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Casanova Anthony $121,292
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2023 09/25/23 Sold $64,000 -28.9% $40 / Sq Ft
09/14/2023 09/14/23 Pending -- -- --
08/17/2023 08/17/23 For Sale $90,000 +1351.6% $56 / Sq Ft
05/15/2012 05/15/12 Sold $6,200 -46.1% $5 / Sq Ft
04/03/2012 04/03/12 Pending -- -- --
07/15/2011 07/15/11 For Sale $11,500 -- $8 / 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 $1,900 $47,600 $0 $0
2024 $1,900 $21,900 $0 $0
2023 $965 $17,100 $0 $0
2022 $1,023 $13,500 $0 $0
2021 $1,038 $10,800 $0 $0
2020 $997 $9,600 $0 $0
2019 $743 $8,400 $0 $0
2018 $941 $7,800 $0 $0
2017 $152 $8,000 $0 $0
2016 $340 $27,100 $0 $0
2015 $1,720 $27,100 $0 $0
2013 $1,666 $40,665 $0 $0
2010 -- $59,620 $738 $58,882
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20230069426

Realcomp

APN: 22-089060