M
Seller's Agent in 2023
Matt O'Laughlin
Sold by Vie
710 Virginia Park St Detroit, MI 48202
Piety Hill NeighborhoodEstimated Value: $87,000 - $722,000
10
Beds
8.5
Baths
5,150
Sq Ft
$96/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- Central Air
- Garage
- Cass Technical High School Rated 10
- Hot Water Heating System
- 2-minute walk to McDuffy Park
About This Home
As of February 2023This is a one-of-a-kind investment opportunity to get your hands on a historical income-producing piece of Detroit real estate. This Colonial style seven-unit apartment is perfect for those looking to house hack or bring in passive income. This 2-story apartment has various apartment size options, including 3 bedroom, 2 bedroom, 1 bedroom and studio units. Many of the units have fresh paint, newer carpet, and/or hardwood floors, as well as appliances. In addition, there are communal on-site laundry facilities and a storage room. When updating the spaces, the current and prior owners made it a point to leave plenty of the historical home’s natural charm to maintain the trendy Detroit vibe. Conveniently located in a quiet neighborhood, Virginia Lofts is within walking distance to plenty of restaurants, bars, and entertainment venues and just a hop and skip to the QLine. This cash cow investment property can be yours today!
Last Agent to Sell the Property
Matt O'Laughlin
Sold by Vie License #6501365647 Listed on: 09/14/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
Year Built
- Built in 1911
Lot Details
- 8,276 Sq Ft Lot
- Lot Dimensions are 50.00 x 163.00
- Historic Home
Parking
- Garage
Home Design
- Colonial Architecture
- Brick Exterior Construction
- Brick Foundation
Interior Spaces
- 5,150 Sq Ft Home
- 2-Story Property
Partially Finished Basement
- Basement Fills Entire Space Under The House
- Basement Storage
Utilities
- Central Air
- Hot Water Heating System
- Heating System Uses Natural Gas
Listing and Financial Details
- Assessor Parcel Number W04I001914S
Community Details
Overview
- 7 Units
- Peerless Addition No 2 Subdivision
Pet Policy
- Call for details about the types of pets allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 14, 2022
Closed on
Feb 10, 2023
Sold by
Vp Historic Llc
Bought by
Sauggo Llc
Seller's Agent
Matt O'Laughlin
Sold by Vie
Buyer's Agent
Julie Perovic
Brookstone, Realtors LLC
List Price
$695,900
Sold Price
$560,000
Premium/Discount to List
-$135,900
-19.53%
Views
16
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$63,379
Avg. Annual Appreciation
-3.83%
Original Mortgage
$148,000
Outstanding Balance
$144,262
Interest Rate
6.48%
Estimated Equity
$363,114
Purchase Details
Closed on
Jun 2, 2021
Sold by
Griffins Rental Properties Llc
Bought by
Vp Historic Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Listed on
Jan 28, 2019
Closed on
Jan 11, 2019
Sold by
Cleveland Thomas A
Bought by
Griffins Rental Properties Llc
Seller's Agent
Kevin Griffin
Brick and Stone Real Estate
Buyer's Agent
Kevin Griffin
Brick and Stone Real Estate
Sold Price
$800
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.64%
Purchase Details
Closed on
Aug 28, 2011
Sold by
Curry Leona
Bought by
Cleveland Thomas A
Purchase Details
Closed on
Jul 28, 2004
Sold by
Estate Of Carthel Curry
Bought by
Curry Leona
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sauggo Llc | $560,000 | None Listed On Document | |
| Sauggo Llc | $560,000 | -- | |
| Vp Historic Llc | $360,000 | Parks Title | |
| Griffins Rental Properties Llc | $260,000 | None Listed On Document | |
| Cleveland Thomas A | -- | None Available | |
| Curry Leona | -- | Philip F Greco Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Sauggo Llc | $148,000 | |
| Open | Sauggo Llc | $300,000 | |
| Closed | Sauggo Llc | $148,000 | |
| Closed | Sauggo Llc | $300,000 | |
| Previous Owner | Vp Historic Llc | $288,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/15/2023 02/15/23 | Sold | $560,000 | -19.5% | $109 / Sq Ft |
| 12/15/2022 12/15/22 | Pending | -- | -- | -- |
| 09/14/2022 09/14/22 | For Sale | $695,900 | 0.0% | $135 / Sq Ft |
| 09/14/2020 09/14/20 | Rented | $850 | 0.0% | -- |
| 09/13/2020 09/13/20 | Under Contract | -- | -- | -- |
| 09/08/2020 09/08/20 | For Rent | $850 | +6.3% | -- |
| 02/12/2019 02/12/19 | Rented | $800 | 0.0% | -- |
| 01/28/2019 01/28/19 | For Rent | $800 | 0.0% | -- |
| 01/18/2019 01/18/19 | Sold | $260,000 | -42.2% | $52 / Sq Ft |
| 11/02/2018 11/02/18 | Pending | -- | -- | -- |
| 10/08/2018 10/08/18 | For Sale | $450,000 | -- | $90 / Sq Ft |
Source: Realcomp
Tax History Compared to Growth
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 | $24,254 | $334,300 | $0 | $0 |
| 2024 | $24,254 | $299,400 | $0 | $0 |
| 2023 | $10,868 | $242,300 | $0 | $0 |
| 2022 | $11,616 | $199,900 | $0 | $0 |
| 2021 | $11,286 | $129,900 | $0 | $0 |
| 2020 | $11,283 | $108,400 | $0 | $0 |
| 2019 | $3,388 | $82,300 | $0 | $0 |
| 2018 | $3,097 | $68,800 | $0 | $0 |
| 2017 | $397 | $63,900 | $0 | $0 |
| 2016 | $3,297 | $99,700 | $0 | $0 |
| 2015 | $2,070 | $30,700 | $0 | $0 |
| 2013 | $2,006 | $36,259 | $0 | $0 |
| 2010 | -- | $53,160 | $1,378 | $51,782 |
Source: Public Records
Agents Affiliated with this Home
-
-
Julie Perovic
Buyer's Agent in 2023
Julie Perovic
Brookstone, Realtors LLC
(586) 703-0309
1 in this area
61 Total Sales
-
K
Seller's Agent in 2020
Kevin Griffin
Brick and Stone Real Estate
Map
Source: Realcomp
MLS Number: 20221041857
APN: 04-001914
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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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