NOT LISTED FOR SALE

705 Orchard St Wyandotte, MI 48192

Estimated Value: $243,000 - $261,000

4 Beds
2 Baths
1,458 Sq Ft
$171/Sq Ft Est. Value

Last Sold September 27, 2024

Last sale price $238,000 $163 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,527/month

34 Days on Market

Highlights

  • Colonial Architecture
  • Forced Air Heating and Cooling System
  • 2 Car Garage

About This Home

As of September 2024

Nice investment oppurnity

Last Agent to Sell the Property

Eric Lowery

Fortress Real Estate LLC License #6501362875 Listed on: 07/12/2024

Last Buyer's Agent

Robert Salter

License #6501439017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1902 | Remodeled in 2021

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 51.00 x 140.00

Parking

  • 2 Car Garage

Home Design

  • Colonial Architecture
  • Block Foundation
  • Vinyl Construction Material

Interior Spaces

  • 2 Full Bathrooms
  • 1,458 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 57020270015000
  • $11,900 Seller Concession

Community Details

Overview

  • 2 Units
  • Garfield Place Sub Subdivision

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,256

Year Built

Built in 1902 | Remodeled in 2021

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Colonial, Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Year Built: 1902
  • State Equalized Value: 89600.0000
  • Year Renovated: 2021
  • 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: 1458

Exterior Features

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

Garage/Parking

  • Garage: Yes
  • Total Parking Spaces: 2

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)

Lot Info

  • Lot Size Area: 0.16
  • Lot Dimensions: 51.00 x 140.00
  • Parcel Number: 57020270015000
  • Zoning: Multi-Family

Rental Info

  • Monthly Rental Income: 1985

Tax Info

  • Tax Amount Summer: 2413.0000
  • Tax Amount Winter: 843.0000
  • Total Tax: 3256.0000
  • Taxable Value: 45162.0000

Multi Family

  • Gross Scheduled Income: 1985.00
  • Number Of Units Total: 2

MLS Schools

  • School District: Wyandotte

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2024
Closed on
Sep 27, 2024
Sold by
Lowery David L and Joint Nancy
Bought by
Stoner Emily June
Seller's Agent
Eric Lowery
Fortress Real Estate LLC
Buyer's Agent
Robert Salter
List Price
$239,000
Sold Price
$238,000
Premium/Discount to List
-$1,000
-0.42%
Views
47
Current Estimated Value
$249,013

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,013
Avg. Annual Appreciation
4.40%
Original Mortgage
$233,689
Outstanding Balance
$231,297
Interest Rate
6.49%
Mortgage Type
FHA
Estimated Equity
$17,716

Purchase Details

Closed on
Feb 16, 2009
Sold by
Lowery Nancy L and Lowery David L
Bought by
Lowery David L
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
Stoner Emily June $238,000 Premier Title
Lowery David L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stoner Emily June $233,689
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/27/2024 09/27/24 Sold $238,000 0.0% $163 / Sq Ft
08/15/2024 08/15/24 Pending -- -- --
08/10/2024 08/10/24 Off Market $238,000 -- --
07/12/2024 07/12/24 For Sale $239,000 -- $164 / 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 $2,531 $96,300 $0 $0
2024 $2,531 $92,500 $0 $0
2023 $2,413 $89,600 $0 $0
2022 $3,102 $86,800 $0 $0
2021 $3,030 $81,300 $0 $0
2020 $2,989 $67,900 $0 $0
2019 $2,943 $65,800 $0 $0
2018 $2,122 $48,700 $0 $0
2017 $1,474 $48,700 $0 $0
2016 $2,829 $43,500 $0 $0
2015 $3,809 $40,400 $0 $0
2013 $3,690 $36,900 $0 $0
2012 $1,871 $38,600 $9,100 $29,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20240049827

Realcomp

APN: 57-020-27-0015-000