NOT LISTED FOR SALE

691 Clairmount St Detroit, MI 48202

Piety Hill Neighborhood

Estimated Value: $144,000 - $257,000

8 Beds
4 Baths
4,224 Sq Ft
$41/Sq Ft Est. Value

Last Sold March 10, 2022

Last sale price $93,000 $22 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $1,243/month

7 Days on Market

Highlights

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

About This Home

As of March 2022

INVESTOR SPECIAL - BRICK 4-unit MULTI-FAMILY PROPERTY - 2-BEDROOM PER UNIT - ALOT OF POTENTIAL - NEEDS TOTAL REHAB - VIEW PROPERTY AT OWN RISK - BACKDOOR UNLOCKED*****************
Please be advised, buyer's agent or selling agents to verify all room sizes and square footage. No virtual showings. "AS-IS" **** SERIOUS BUYERS ONLY... PUT YOUR BEST FOOT FORWARD ON YOUR 1ST OFFER....CASH OFFERS ONLY --- PROOF OF FUNDS REQUIRED WITH ALL OFFERS.. 2 to 4 family properties are selling for approx $133 per square foot in 48202(New Center Area). This property is 4224 square feet...**ARV is approx. $560,000. minus cost**. Great Opportunity for the right investor!! 2 blocks from Woodward and next block, same street off Woodward - *NEW Apartment building being completed* see pics ....

Last Agent to Sell the Property

Rebekah Kashat

Prime + Property License #6501319223 Listed on: 02/16/2022

Last Buyer's Agent

Tim Moore

Zest Realty LLC License #6502431777

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1912

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 50.00x115.00

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 4 Full Bathrooms
  • 4,224 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Utilities

  • Forced Air Heating System
  • Back Up Electric Heat Pump System
  • Heating System Uses Natural Gas

Community Details

Overview

  • 4 Units
  • Hubbard & Dingwalls Sub Of Lot 8 Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,114

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Assessment: 240
  • Year Built: 1912
  • State Equalized Value: 31800.0000
  • Pets Allowed: Yes
  • AgentOnly_ListPriceByAcre: 845384.6100
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 4224

Exterior Features

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

Utilities

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

Lot Info

  • Lot Size Area: 0.13
  • Lot Dimensions: 50.00X115.00
  • Zoning: Multi-Family

Tax Info

  • Tax Amount Summer: 1913.0000
  • Tax Amount Winter: 201.0000
  • Total Tax: 2114.0000
  • Taxable Value: 21491.0000

Multi Family

  • Number Of Units Total: 4

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 6, 2022
Sold by
Eco Property Developments Llc
Bought by
Detroit Regeneration Community Housing Llc
Current Estimated Value
$174,343

Purchase Details

Listed on
Feb 16, 2022
Closed on
Mar 9, 2022
Sold by
Tcs Investments Series A Llc
Bought by
Eco Property Developments Llc
Seller's Agent
Rebekah Kashat
Prime + Property
Buyer's Agent
Tim Moore
Zest Realty LLC
List Price
$109,900
Sold Price
$93,000
Premium/Discount to List
-$16,900
-15.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.63%

Purchase Details

Closed on
Jan 2, 2018
Sold by
Radford James
Bought by
Tcs Investment Serris F Llc

Purchase Details

Closed on
Oct 16, 2017
Sold by
Sabree Eric R
Bought by
Radford James and Tcs Investments Series F Llc
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
Detroit Regeneration Community Housing Llc -- --
Eco Property Developments Llc $93,000 None Listed On Document
Tcs Investment Serris F Llc -- None Available
Radford James $65,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/10/2022 03/10/22 Sold $93,000 -15.4% $22 / Sq Ft
02/24/2022 02/24/22 Pending -- -- --
02/16/2022 02/16/22 For Sale $109,900 -- $26 / 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 $4,080 $74,300 $0 $0
2024 $4,039 $59,400 $0 $0
2023 $3,928 $47,900 $0 $0
2022 $2,381 $38,200 $0 $0
2021 $2,116 $31,800 $0 $0
2020 $2,116 $27,500 $0 $0
2019 $2,081 $20,800 $0 $0
2018 $1,803 $19,000 $0 $0
2017 $742 $19,400 $0 $0
2016 $8,481 $26,900 $0 $0
2015 $1,253 $17,100 $0 $0
2013 $1,214 $20,232 $0 $0
2010 -- $26,829 $1,323 $25,506
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2022

    Rebekah Kashat

    Prime + Property

    (248) 729-2426

    2 in this area

    25 Total Sales

    Rebekah Kashat
    Section Image
  • Tim Moore

    Buyer's Agent in 2022

    Tim Moore

    Zest Realty LLC

    (248) 270-8238

    1 in this area

    113 Total Sales

    Tim Moore
    Section Image
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Map

Source: Realcomp

MLS Number: 2220010266

Realcomp

APN: 04-002438

Michigan Wayne County Detroit 48202 Piety Hill

691 Clairmount St, Detroit, MI

Not Listed for Sale

MultiFamily

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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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