$140,000
SOLD FEB 28, 2025
4 Beds
2 Baths
1,250 Sq Ft
1,307 Sq Ft Lot

Recently Sold

$112 Per Sq Ft

10% Below List Price

158 Days on Market

Highlights

  • Security System Owned
  • Programmable Thermostat
  • Private Entrance
  • Cass Technical High School Rated 10
  • Forced Air Heating System
  • Laundry Facilities

About This Home

As of February 2025

Welcome to this fully renovated duplex at 7331 Scotten St, offering modern convenience and stylish updates! Each unit features 2 bedrooms and 1 bath, perfect for tenants or multi-generational living. The first unit 7331-A provides useful basement access, while the second unit- 7331B boasts a spacious loft space bedroom. Both units have gorgeous flow of natural sunlight and contemporary finishes throughout, including sleek flooring, new microwaves, and updated water heaters and furnaces. The brand new roof adds peace of mind, while the included alarm system ensures safety. The kitchens feature crisp white cabinetry, a modern hood/fan, and a garbage disposal for added convenience. Situated in a growing neighborhood, this property is an excellent investment opportunity or a wonderful place to call home.

Last Listed By

Arianna Lee

National Realty Centers, Inc License #6501428504 Listed on: 09/21/2024

National Realty Centers, Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1916

Lot Details

  • 1,307 Sq Ft Lot
  • Lot Dimensions are 45 x 30
  • Private Entrance

Home Design

  • Duplex
  • Block Foundation

Interior Spaces

  • 2 Full Bathrooms
  • 1,250 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Home Security

  • Security System Owned
  • Carbon Monoxide Detectors

Parking

  • Paved Parking
  • On-Street Parking

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Programmable Thermostat
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 14001665.003L
  • $7,000 Seller Concession

Community Details

Overview

  • 2 Units
  • Winemans Leonard F Subdivision

Amenities

  • Laundry Facilities

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$423

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 2 Story
  • Year Built: 1916
  • State Equalized Value: 4900.0000
  • Year Renovated: 1916
  • Pets Allowed: Call
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Smoke Alarm, Carbon Monoxide Alarm(s), Laundry Facility, Programmable Thermostat, Security Alarm (owned)
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 1250
  • Total Sq Ft: 1250
  • Sq Ft Total Bsmt: 625

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Aluminum
  • Exterior Features: Private Entry
  • Foundation Materials: Block
  • Frontage Feet: 45
  • Road Frontage Type: Paved

Garage/Parking

  • MF Parking: On Street, Paved

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: Yes

Schools

  • School District: Detroit

Lot Info

  • Lot Size Area: 0.03
  • Lot Dimensions: 45 x 30
  • Parcel Number: 14001665.003L
  • Zoning: Residential

Rental Info

  • Monthly Rental Income: 2700

Tax Info

  • Tax Amount Summer: 377.0000
  • Tax Amount Winter: 46.0000
  • Total Tax: 423.0000
  • Taxable Value: 4900.0000

Multi Family

  • Gross Scheduled Income: 32400.00
  • Number Of Units Total: 2
  • Unit Count: 2
  • Number of Two Bedroom Units: 2

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2024
Closed on
Feb 28, 2025
Sold by
Mourad Haisam
Bought by
Ford Jason
Seller's Agent
Arianna Lee
National Realty Centers, Inc
List Price
$155,000
Sold Price
$140,000
Premium/Discount to List
-$15,000
-9.68%
Total Days on Market
158
Views
33

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.28%
Original Mortgage
$121,794
Outstanding Balance
$121,322
Interest Rate
6.95%
Mortgage Type
FHA
Estimated Equity
$20,273

Purchase Details

Closed on
Oct 10, 2022
Sold by
Detroit Land Bank Authority
Bought by
Mourad Haisam

Purchase Details

Closed on
Jun 5, 2009
Sold by
Wojtowicz Raymond J
Bought by
Planning & Development Dept City Of Detr
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 Type Sale Price Title Company
Warranty Deed $140,000 None Listed On Document
Warranty Deed $140,000 None Listed On Document
Quit Claim Deed $7,500 --
Quit Claim Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $121,794 FHA
Closed $25,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2025 03/03/25 Price Changed $140,000 0.0% $112 / Sq Ft
02/28/2025 02/28/25 Sold $140,000 -9.7% $112 / Sq Ft
02/27/2025 02/27/25 Pending -- -- --
01/16/2025 01/16/25 For Sale $155,000 0.0% $124 / Sq Ft
11/07/2024 11/07/24 Pending -- -- --
10/30/2024 10/30/24 Price Changed $155,000 -11.4% $124 / Sq Ft
09/21/2024 09/21/24 For Sale $175,000 -- $140 / 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
2024 $488 $6,100 $0 $0
2023 $717 $4,900 $0 $0
2022 -- $0 $0 $0
2021 $0 $0 $0 $0
2020 $0 $0 $0 $0
2019 $0 $0 $0 $0
2018 $0 $0 $0 $0
2017 $0 $0 $0 $0
2016 $0 $0 $0 $0
2015 -- $0 $0 $0
2013 -- $0 $0 $0
2010 -- $252 $252 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20240070822

Realcomp

APN: 14-00-166-50-03L