NOT LISTED FOR SALE

Estimated Value: $201,725 - $290,000

3 Beds
2 Baths
1,374 Sq Ft
$170/Sq Ft Est. Value

Last Sold August 21, 2020

Last sale price $119,000 $87 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $1,564/month

14 Days on Market

Highlights

  • Covered Patio or Porch
  • Forced Air Heating System
  • Fenced
  • Dearborn High School Rated 9+

About This Home

As of August 2020

A GREAT INVESTMENT INCOME PROPERTY IN THIS 5/4 WITH 2 BEDROOMS IN THE LOWER UNIT AND 1 BEDROOM IN THE UPPER UNIT. PROPERTY BEING SOLD IN AS IS CONDITION.

Last Agent to Sell the Property

Sam Baydoun

Century 21 Curran & Oberski License #6506045424 Listed on: 07/13/2020

Century 21 Curran & Oberski

Co-Listed By

Moe Baydoun

Century 21 Curran & Oberski License #6501402412

Last Buyer's Agent

Hassan Osseili

RE/MAX Team 2000 License #6501288254

RE/MAX Team 2000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1926

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 35.00x102.00
  • Fenced

Home Design

  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 2 Full Bathrooms
  • 1,374 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 32821007126021

Community Details

Overview

  • 2 Units
  • Albert P Ternes Subdivision

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,512

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Year Built: 1926
  • State Equalized Value: 50400.0000
  • Pets Allowed: Call
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 1374

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Aluminum
  • Exterior Features: Fenced, Outside Lighting
  • Foundation Materials: Block
  • Porch Type: Porch - Covered
  • Road Frontage Type: Paved, Pub. Sidewalk

Utilities

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

Lot Info

  • List Price per Acre: 1498750.0000
  • Lot Size Area: 0.08
  • Lot Dimensions: 35.00X102.00
  • Parcel Number: 32821007126021
  • Zone Conform: Yes
  • Zoning: Multi-Family

Rental Info

  • Monthly Rental Income: 1500

Tax Info

  • Tax Amount Summer: 2232.0000
  • Tax Amount Winter: 280.0000
  • Total Tax: 2512.0000
  • Taxable Value: 33473.0000

Multi Family

  • Gross Scheduled Income: 18000.00
  • Number Of Units Total: 2

MLS Schools

  • School District: Dearborn

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2020
Closed on
Aug 21, 2020
Sold by
Donabedian Christina M
Bought by
Fayed Ali
Seller's Agent
Sam Baydoun
Century 21 Curran & Oberski
Buyer's Agent
Hassan Osseili
RE/MAX Team 2000
List Price
$119,900
Sold Price
$119,000
Premium/Discount to List
-$900
-0.75%
Current Estimated Value
$233,431

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,431
Avg. Annual Appreciation
13.34%
Original Mortgage
$89,250
Outstanding Balance
$79,171
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$154,260

Purchase Details

Closed on
Oct 22, 2018
Sold by
Alexander Barbara J
Bought by
Donabedian Vecan V

Purchase Details

Closed on
Sep 4, 2002
Sold by
Rickert Gordon B
Bought by
Donabedian Barbara J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Fayed Ali $119,000 Title One Inc
Donabedian Vecan V -- None Available
Donabedian Barbara J $118,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fayed Ali $89,250
Closed Donabedian Barbara J --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/21/2020 08/21/20 Sold $119,000 -0.8% $87 / Sq Ft
07/28/2020 07/28/20 Pending -- -- --
07/13/2020 07/13/20 For Sale $119,900 -- $87 / 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 $4,129 $85,200 $0 $0
2024 $4,156 $89,100 $0 $0
2023 $3,696 $75,800 $0 $0
2022 $4,255 $64,200 $0 $0
2021 $4,360 $59,200 $0 $0
2019 $2,512 $50,400 $0 $0
2018 $3,722 $44,600 $0 $0
2017 $513 $41,200 $0 $0
2016 $4,224 $40,000 $0 $0
2015 $3,164 $34,700 $0 $0
2013 $3,065 $30,650 $0 $0
2011 -- $34,850 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2200051329

Realcomp

APN: 32-10-071-26-021