NOT LISTED FOR SALE

653 Pine St Wyandotte, MI 48192

Estimated Value: $275,411 - $300,000

4 Beds
3 Baths
2,144 Sq Ft
$134/Sq Ft Est. Value

Last Sold September 17, 2024

Last sale price $271,260 $127 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,886/month

93 Days on Market

Highlights

  • Tudor Architecture
  • Hot Water Heating System
  • Garage

About This Home

As of September 2024

Unique opportunity to add a three-unit income property to your real estate portfolio in desirable Wyandotte neighborhood. Property has been meticulously maintained and reflects great pride in ownership. Easy walk to the Riverfront/Downtown. Lower unit features two bedrooms, bath, kitchen, breakfast nook, living room and dining room; two upper units each offer one bedroom, bath, kitchen and living room. New boiler 2017. Seller just recently obtained C of O. 2 units currently leased through October 2024. Third unit was left vacant for showing purposes. Current rents are well below market. Makes great for an investment or owner occupant seeking additional rental income.

Last Agent to Sell the Property

Yousef Beydoun

RE/MAX Team 2000 License #6501354088 Listed on: 05/03/2024

RE/MAX Team 2000

Last Buyer's Agent

Kristen Henson

3DX Real Estate LLC License #6501398043

3DX Real Estate LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1931

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 50.00 x 140.00

Parking

  • Garage

Home Design

  • Tudor Architecture
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 3 Full Bathrooms
  • 2,144 Sq Ft Home
  • 2-Story Property
  • Partially Finished Basement

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Sewer in Street

Community Details

  • 3 Units
  • Plat Of Part Of Wyandotte Block 178 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 57020150002000
  • Seller Concessions Offered

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,811

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Tudor
  • Architecture Level: 2 Story
  • Year Built: 1931
  • State Equalized Value: 102500.0000
  • Pets Allowed: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement: Yes
  • Basement Type: Partially Finished
  • Sq Ft Combined: 2144
  • Total Sq Ft: 2144
  • Sq Ft Total Bsmt: 1094

Exterior Features

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

Garage/Parking

  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Hot Water
  • Sewer: Sewer at Street
  • Water Source: Public (Municipal)

Schools

  • School District: Wyandotte

Lot Info

  • Lot Size Area: 0.16
  • Lot Dimensions: 50.00 x 140.00
  • Parcel Number: 57020150002000
  • Zoning: Residential

Rental Info

  • Rent Includes: Heat, Water, Yard Maintenance
  • Monthly Rental Income: 1455

Tax Info

  • Tax Amount Summer: 4360.0000
  • Tax Amount Winter: 1451.0000
  • Total Tax: 5811.0000
  • Taxable Value: 81588.0000

Multi Family

  • Gross Scheduled Income: 17460.00
  • Number Of Units Total: 3
  • Unit Count: 3
  • Number of One Bedroom Units: 2
  • Number of Two Bedroom Units: 1
  • Number Of Units Leased: 2

MLS Schools

  • School District: Wyandotte

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2024
Closed on
Sep 17, 2024
Sold by
Hodge Morty
Bought by
Hodge Living Trust
Seller's Agent
Yousef Beydoun
RE/MAX Team 2000
Buyer's Agent
Kristen Henson
3DX Real Estate LLC
List Price
$279,000
Sold Price
$271,260
Premium/Discount to List
-$7,740
-2.77%
Views
152
Current Estimated Value
$287,103

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,843
Avg. Annual Appreciation
5.30%
Original Mortgage
$203,445
Interest Rate
6.49%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 22, 2018
Closed on
Jul 11, 2018
Sold by
Taylor Lawrence G and Lawrence G Taylor Trust
Bought by
Killeen Deborah Lynne
Seller's Agent
Kathy Harvey
Real Estate One-Trenton
Buyer's Agent
Renee Kaiser
Carol Bollo & Assoc-Grosse Ile
List Price
$149,900
Sold Price
$144,000
Premium/Discount to List
-$5,900
-3.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.77%
Original Mortgage
$108,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 5, 2016
Sold by
Taylor Lawrence G and Taylor Margaret B
Bought by
Taylor Lawrence G and Lawrence G Taylor 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
Hodge Living Trust -- Vintage Title
Hodge Living Trust -- Vintage Title
Hodge Morty $271,260 Title One
Killeen Deborah Lynne $144,000 First American Title Ins Co
Taylor Lawrence G -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hodge Morty $203,445
Previous Owner Killeen Deborah Lynne $108,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/17/2024 09/17/24 Sold $271,260 -2.8% $127 / Sq Ft
08/04/2024 08/04/24 Pending -- -- --
07/13/2024 07/13/24 For Sale $279,000 0.0% $130 / Sq Ft
05/08/2024 05/08/24 Pending -- -- --
05/03/2024 05/03/24 For Sale $279,000 +93.8% $130 / Sq Ft
07/11/2018 07/11/18 Sold $144,000 -3.9% $67 / Sq Ft View Prior Sale
06/01/2018 06/01/18 Pending -- -- --
05/22/2018 05/22/18 For Sale $149,900 -- $70 / 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 $4,572 $114,300 $0 $0
2024 $4,572 $107,200 $0 $0
2023 $4,360 $102,500 $0 $0
2022 $5,603 $88,100 $0 $0
2021 $5,475 $87,800 $0 $0
2020 $5,399 $76,800 $0 $0
2019 $5,318 $72,800 $0 $0
2018 $3,325 $64,600 $0 $0
2017 $2,309 $64,600 $0 $0
2016 $4,432 $68,000 $0 $0
2015 $5,966 $63,100 $0 $0
2013 $5,780 $57,800 $0 $0
2012 $3,091 $60,500 $10,700 $49,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20240029738

Realcomp

APN: 57-020-15-0002-000