NOT LISTED FOR SALE

7061 Elmhurst St Detroit, MI 48204

Oakman Boulevard Community Neighborhood

Estimated Value: $77,000 - $343,000

10 Beds
4 Baths
3,416 Sq Ft
$59/Sq Ft Est. Value

Last Sold August 29, 2023

Last sale price $295,000 $86 Per Sq Ft

Est. 32% decrease in value since last sale

Current estimated payment $1,128/month

27 Days on Market

Highlights

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

About This Home

As of August 2023

FOUR UNIT INCOME PRODUCING READY FOR MORE TENANTS. Renovated through and through including sewer, roof, windows, doors... 4 washer/dryer hookups, individual new meters, well insulated attic for energy efficiency. ALL new PVC and Pex throughout including house lines under basement floor with 4 new clean outs. Programmable thermostat, recessed lighting with dimmer, new concrete walkway and parking slab in back, new privacy fence- no detail has been spared. This property is well prepared for Section 8 inspections down to smoke and carbon monoxide detectors and properly placed fire extinguishers. It is as turn key as they come. Private inspection completed with good outcome, Title Commitment ready to go and has been successfully appraised. Last Buyers financing fell through. One existing tenant that has started a one year lease. Surrounded by newly renovated occupied properties and many underway.
BATVAI

Last Agent to Sell the Property

Heather Dell

RE/MAX Leading Edge License #6501269116 Listed on: 07/20/2023

RE/MAX Leading Edge

Last Buyer's Agent

Kay Ready

Epique Realty License #6502431020

Epique Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1926 | Remodeled in 2023

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 40.00 x 129.00

Parking

  • 4 Car Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Brick Foundation
  • Block Foundation
  • Poured Concrete

Interior Spaces

  • 4 Full Bathrooms
  • 3,416 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number W16I005722S

Community Details

Overview

  • 4 Units
  • Ponchartrain Heights Sub Subdivision

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$525

Year Built

Built in 1926 | Remodeled in 2023

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Assessment: 340.00
  • Year Built: 1926
  • State Equalized Value: 2700.0000
  • Year Renovated: 2023
  • Pets Allowed: Call
  • Special Features: NewHome
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement: Yes
  • Basement Type: Unfinished, Common
  • Sq Ft Combined: 3416
  • Total Sq Ft: 3416
  • Sq Ft Total Bsmt: 1708

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block, Brick/Mortar, Poured
  • Frontage Feet: 40
  • Road Frontage Type: Paved

Garage/Parking

  • Garage: Yes
  • Total Parking Spaces: 4

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Water at Street

Schools

  • School District: Detroit

Lot Info

  • Lot Size Area: 0.12
  • Lot Dimensions: 40.00 x 129.00
  • Parcel Number: W16I005722S
  • Zoning: Multi-Family

Rental Info

  • Monthly Rental Income: 4800

Tax Info

  • Tax Amount Summer: 505.0000
  • Tax Amount Winter: 20.0000
  • Total Tax: 525.0000
  • Taxable Value: 2112.0000

Multi Family

  • Gross Scheduled Income: 57600.00
  • Number Of Units Total: 4
  • Number of Three Bedroom Units: 2
  • Number of Two Bedroom Units: 2
  • Number Of Units Leased: 2

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2023
Closed on
Aug 28, 2023
Sold by
Daad Investments Llc
Bought by
Mitchell Robert
Seller's Agent
Heather Dell
RE/MAX Leading Edge
Buyer's Agent
Kay Ready
Epique Realty
List Price
$299,000
Sold Price
$295,000
Premium/Discount to List
-$4,000
-1.34%
Views
10
Current Estimated Value
$200,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$95,000
Avg. Annual Appreciation
-11.57%
Original Mortgage
$296,235
Interest Rate
6.78%
Mortgage Type
VA

Purchase Details

Closed on
Sep 22, 2021
Sold by
M & F Housing Llc
Bought by
Daad Investments Llc

Purchase Details

Closed on
Nov 2, 2020
Sold by
Thessco Llc
Bought by
M & F Housing Llc

Purchase Details

Listed on
Nov 1, 2012
Closed on
Apr 22, 2013
Sold by
Secretary Of Housing & Urban Development
Bought by
Mishriky Farid
Seller's Agent
Terrance Hermenau
Future Real Estate, Inc
Buyer's Agent
Karen Lewis
Temporary Inactive Users
List Price
$4,000
Sold Price
$3,600
Premium/Discount to List
-$400
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
40.05%

Purchase Details

Closed on
Mar 8, 2012
Sold by
Lucy Gary Lee and Lucy Donna D
Bought by
U S Bank National Association
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Mitchell Robert $294,500 None Listed On Document
Daad Investments Llc $50,000 None Available
Daad Investments Llc -- None Listed On Document
M & F Housing Llc $40,000 Speedy T&E Svcs Llc
Thessco Llc -- Speedy T&E Svcs Llc
Mishriky Farid $3,600 None Available
U S Bank National Association $8,585 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mitchell Robert Aaron $300,000
Closed Mitchell Robert $296,235
Previous Owner Daad Investments Llc $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2023 08/29/23 Sold $295,000 -1.3% $86 / Sq Ft
08/16/2023 08/16/23 Pending -- -- --
07/20/2023 07/20/23 For Sale $299,000 +8205.6% $88 / Sq Ft
04/26/2013 04/26/13 Sold $3,600 -10.0% $1 / Sq Ft
04/09/2013 04/09/13 Pending -- -- --
11/01/2012 11/01/12 For Sale $4,000 -- $1 / 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 $566 $34,100 $0 $0
2024 $566 $4,200 $0 $0
2023 $458 $3,500 $0 $0
2022 $430 $2,700 $0 $0
2021 $418 $2,100 $0 $0
2020 $418 $2,500 $0 $0
2019 $515 $1,980 $0 $0
2018 $489 $2,100 $0 $0
2017 $36 $1,900 $0 $0
2016 $1,265 $7,400 $0 $0
2015 $1,090 $10,900 $0 $0
2013 $1,131 $15,111 $0 $0
2010 -- $21,651 $768 $20,883
Source: Public Records

Agents Affiliated with this Home

  • Heather Dell

    Seller's Agent in 2023

    Heather Dell

    RE/MAX of Southeast Michigan

    (248) 464-1116

    6 in this area

    133 Total Sales

    Heather Dell
    Section Image
  • Kay Ready

    Buyer's Agent in 2023

    Kay Ready

    Epique Realty

    (734) 719-0348

    1 in this area

    26 Total Sales

    Kay Ready
    Section Image

  • T

    Seller's Agent in 2013

    Terrance Hermenau

    Future Real Estate, Inc

  • K

    Buyer's Agent in 2013

    Karen Lewis

    Temporary Inactive Users

See All Agents

Map

Source: Realcomp

MLS Number: 20230058999

Realcomp

APN: 16-005722

Michigan Wayne County Detroit 48204 Oakman Boulevard Community

7061 Elmhurst St, Detroit, MI

This home is located at 7061 Elmhurst St, Detroit, MI 48204 since 20 July 2023 and is currently estimated at $200,000, approximately $58 per square foot. This property was built in 1926. 7061 Elmhurst St is a home located in Wayne County with nearby schools including Durfee Elementary-Middle School, Charles L. Spain Elementary-Middle School, and Edward 'Duke' Ellington Conservatory of Music and Art.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
Copyright 2025 Realcomp II Ltd. Shareholders
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

Nearby Homes