NOT LISTED FOR SALE

Estimated Value: $94,000 - $122,000

4 Beds
2 Baths
1,500 Sq Ft
$74/Sq Ft Est. Value

Last Sold March 17, 2014

Last sale price $19,000 $13 Per Sq Ft

Est. 447% increase in value since last sale

Current estimated payment $641/month

11 Days on Market

Highlights

  • Forced Air Heating System
  • Cass Technical High School Rated 10
  • Garage

About This Home

As of March 2014

THIS IS A FANNIE MAE HOMEPATH PROPERTY. MULTIFAMILY HOME WITH VERY LARGE ROOMS THROUGHOUT AND FULL UNFINISHED BASEMENT. UPPER UNIT HAS 2 BEDROOMS, LARGE KITCHEN WITH DINE IN AREA AND ONE BATH. LOWER UNIT HAS 2 BEDROOMS WITH LIVING ROOM AND DINING ROOM.

Last Agent to Sell the Property

Paul Endres

Star Properties Management Inc License #6502114791 Listed on: 02/14/2014

Last Buyer's Agent

Sherri Saad

RE/MAX Leading Edge License #6502392274

RE/MAX Leading Edge

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1916

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 30.00x100.00

Parking

  • Garage

Home Design

  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2 Full Bathrooms
  • 1,500 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units
  • Ferndale Ave Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number W18I001092S

Property Details

Home Type

Multi-Family

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Assessment: 240
  • Year Built: 1916
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 1500
  • Total Sq Ft: 1500
  • Sq Ft Total Bsmt: 1500

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Foundation Materials: Block
  • Frontage Feet: 30
  • Road Frontage Type: Paved

Garage/Parking

  • Garage: Yes

Utilities

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

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 271428.5714
  • Lot Size Area: 0.07
  • Lot Dimensions: 30.00X100.00
  • Parcel Number: W18I001092S
  • Zoning: Residential

Tax Info

  • Tax Amount Summer: 1111.0000
  • Tax Amount Winter: 107.0000
  • Total Tax: 1218.0000

Multi Family

  • Number Of Units Total: 2
  • Number of Two Bedroom Units: 2

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2014
Closed on
Mar 11, 2014
Sold by
Fannie Mae
Bought by
Dela Torre Garcia Jose Salvado
Seller's Agent
Paul Endres
Star Properties Management Inc
Buyer's Agent
Sherri Saad
RE/MAX Leading Edge
List Price
$19,000
Sold Price
$19,000
Current Estimated Value
$103,891

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,891
Avg. Annual Appreciation
15.67%

Purchase Details

Closed on
Mar 28, 2013
Sold by
Moreno Cortes Maria E
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 16, 2007
Sold by
Moreno Cortes Maria E and Arndt Maria Estela
Bought by
Moreno Cortes Maria E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
6.31%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 7, 2004
Sold by
Price Khary and Price Migdalia
Bought by
Arndt Maria Estela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,500
Interest Rate
4.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 8, 1997
Sold by
Lopez Elias and Lopez Maria G
Bought by
Migdalia Khary and Migdalia Price
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
Dela Torre Garcia Jose Salvado $19,000 Etitle
Federal National Mortgage Association $67,132 None Available
Moreno Cortes Maria E -- Alpha Title Agency Inc
Arndt Maria Estela $85,000 Complete Title Services Of S
Migdalia Khary $17,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Moreno Cortes Maria E $67,500
Previous Owner Arndt Maria Estela $76,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2014 03/17/14 Sold $19,000 0.0% $13 / Sq Ft
02/25/2014 02/25/14 Pending -- -- --
02/14/2014 02/14/14 For Sale $19,000 -- $13 / 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 $878 $39,400 $0 $0
2024 $878 $32,200 $0 $0
2023 $850 $25,100 $0 $0
2022 $923 $20,000 $0 $0
2021 $902 $16,400 $0 $0
2020 $893 $14,500 $0 $0
2019 $881 $11,100 $0 $0
2018 $763 $8,900 $0 $0
2017 $167 $8,800 $0 $0
2016 $927 $10,200 $0 $0
2015 $1,020 $10,200 $0 $0
2013 $1,129 $11,293 $0 $0
2010 -- $16,181 $569 $15,612
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 214012957

Realcomp

APN: 18-001092