NOT LISTED FOR SALE

Estimated Value: $62,000 - $154,175

5 Beds
2 Baths
2,624 Sq Ft
$42/Sq Ft Est. Value

Last Sold December 03, 2020

Last sale price $46,500 $18 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $659/month

29 Days on Market

About This Home

As of December 2020

VERY LARGE 3 STORY MULTI FAMILY HOME, FEATURES 3 BEDROOMS UPSTAIRS & 2 BEDROOMS MAIN LEVEL, FEATURES VINYL SIDING, VINYL WINDOWS, HARDWOOD OAK FLOORING, KITCHEN WITH CERAMIC FLOOR & UPDATED CABINETS, FORCED AIR FURNACE, PREPPED FOR A/C, (NOT STEAM HEAT), 2 ELECTRIC METERS, CIRCUIT BREAKER ELECTRIC & SOME NEWER PLUMBING. BASEMENT WITH LAUNDRY HOOK UPS, AND A SOLID 2.5 CAR GARAGE, PRIVACY FENCED YARD WITH CEMENT PATIO, COVERED FRONT PORCH IN A FAMILY, FRIENDLY AREA, COME & SEE FOR YOURSELF. CLOSE TO...(I-94), DOWNTOWN, SHOPPING, DINING...HOUSE NEEDS WORK (INC. ROOF) MAYBE BRING YOUR REPAIR PERSON WITH YOU. SELLER SAYS "MAKE OFFER" LAND CONTRACT PRICE IS $47,000, $15,000 DOWN PAYMENT, $959 PER MONTH PAYS OFF HOUSE IN 36 MONTHS AT 5% INTEREST. EASY LOCKBOX SHOWINGS. (CITY PUBLIC RECORDS SAY 2624 FOOT) * BUYER CHANGED HER MIND JUST BEFORE CLOSING* ACCESS TO BACKYARD THRU WALKWAY ON THE RIGHT SIDE

Last Agent to Sell the Property

John Wallen

Helping Hands Realty, LLC License #6501288962 Listed on: 10/30/2020

Last Buyer's Agent

Andreina Mendoza-Herrera

RE/MAX Leading Edge License #6501430016

RE/MAX Leading Edge

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1923

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 30.00x125.00

Home Design

  • Duplex
  • Vinyl Construction Material

Interior Spaces

  • 2 Full Bathrooms
  • 2,624 Sq Ft Home
  • 3-Story Property
  • Unfinished Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number W18I003007S

Community Details

Overview

  • 2 Units
  • Henry A Schillers Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex, Upper/Lower Apartment
  • Architecture Level: 3 Story
  • Year Built: 1923
  • State Equalized Value: 23300.0000
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 2624
  • Total Sq Ft: 2624
  • Sq Ft Total Bsmt: 520

Exterior Features

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

Utilities

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

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 488888.8889
  • Lot Size Area: 0.09
  • Lot Dimensions: 30.00X125.00
  • Parcel Number: W18I003007S
  • Zoning: Residential

Rental Info

  • Deposit Amount: 15000.00
  • Monthly Rental Income: 1360

Tax Info

  • Tax Amount Summer: 1918.0000
  • Tax Amount Winter: 189.0000
  • Total Tax: 2107.0000
  • Taxable Value: 19968.0000

Multi Family

  • Gross Scheduled Income: 16300.00
  • Number Of Units Total: 2
  • Unit Count: 2
  • Number of Three Bedroom Units: 1
  • Number of Two Bedroom Units: 1

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2020
Closed on
Dec 3, 2020
Sold by
Alpha Prop Solutions Llc
Bought by
Cruz Debbie Vasquez
Seller's Agent
John Wallen
Helping Hands Realty, LLC
Buyer's Agent
Andreina Mendoza-Herrera
RE/MAX Leading Edge
List Price
$44,000
Sold Price
$46,500
Premium/Discount to List
$2,500
5.68%
Current Estimated Value
$90,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,500
Avg. Annual Appreciation
19.17%
Original Mortgage
$31,500
Interest Rate
5%
Mortgage Type
Land Contract Argmt. Of Sale

Purchase Details

Closed on
Mar 10, 2017
Sold by
Wells Fargo Bank Na
Bought by
Alpha Prop Prop Solutions Llc

Purchase Details

Closed on
Mar 7, 2003
Sold by
Hincapie Jose D and Hincapie Hilda
Bought by
Hincapie Hilda
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
Cruz Debbie Vasquez $46,500 Michigan Title Insurance Agenc
Cruz Debbie Vasquez $46,500 Michigan Title Ins Agcy Inc
Alpha Prop Prop Solutions Llc $13,924 None Available
Hincapie Hilda -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vasquez Debbie $23,910
Previous Owner Cruz Debbie Vasquez $31,500
Previous Owner Hancapie Hilda L $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/03/2020 12/03/20 Sold $46,500 0.0% $18 / Sq Ft
12/03/2020 12/03/20 Sold $46,500 +5.7% $18 / Sq Ft
11/29/2020 11/29/20 Pending -- -- --
11/29/2020 11/29/20 Pending -- -- --
10/30/2020 10/30/20 For Sale $44,000 0.0% $17 / Sq Ft
10/28/2020 10/28/20 For Sale $44,000 0.0% $17 / Sq Ft
10/05/2020 10/05/20 Pending -- -- --
09/11/2020 09/11/20 For Sale $44,000 -- $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 $1,991 $60,000 $0 $0
2024 $1,991 $50,800 $0 $0
2023 $2,227 $39,900 $0 $0
2022 $340 $0 $0 $0
2021 $2,340 $29,100 $0 $0
2020 $2,141 $28,700 $0 $0
2019 $2,107 $23,300 $0 $0
2018 $1,841 $19,500 $0 $0
2017 $204 $18,800 $0 $0
2016 $1,289 $17,400 $0 $0
2015 $1,064 $17,400 $0 $0
2013 $1,031 $19,251 $0 $0
2010 -- $27,584 $534 $27,050
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2200090025

Realcomp

APN: 18-003007